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DARDEN

Graduate School of Business Administration at the University of Virginia • spring 2007

Entrepreneurship:
The dream of self-employment
V o l u m e 3 3 • I ssue 1 sp ring 2007

DARDEN
The alumni magazine of the University of Virginia Darden School of Business

18 Features
18 Perfect Circle: Darden Program helps alumnae reclaim career path.
20 The ‘120 Club’ entertains alums with tales of old and their fond
vision for the future.
23 Alumni hatch new venture with aid of Darden Incubator.
24 Cover Story: Faculty share secrets of entrepreneurial success.

20 Departments
4 Over Coffee
Dean Bruner rings NYSE opening bell; Darden rises in rankings;
profs’ marketing book named ‘best of the year,’ more.
6 News Briefs
Jim Cramer’s Mad Money comes to Darden; in Memoriam: remembering
former Dean Haigh; new trustees join Darden Foundation board; GE
CEO speaks at School; more.
12 Faculty Files
33 Reunion Photos and Class Notes

Upcoming Events:
April 18–20, 2008, Reunion
Classes of ‘58, ‘63, ‘68, ‘73, ‘78, ‘83, ‘88, ‘93, ‘98, ‘03

24
September 21–22
Alumni Board, Leadership Weekend

Darden is published by the Visit Darden’s website for all the latest news: www.darden.virginia.edu
Darden School Foundation
Office of Communication & Marketing Our streamlined, user-friendly site offers many interactive features of particular interest
P.O. Box 7225 both to alumni and prospective students. Here’s just a sample of what’s available right
Charlottesville, Virginia 22906-7225 now, 24 hours a day:
(434) 924-3900
www.darden.virginia.edu • Keep up with Dean Robert Bruner, who writes regular blog features on school
Editor: Stephen Evans developments and key business issues.
Design: Susan Wormington
• Hear all the latest school news, plus interviews with Darden leadership on the
Cover Photo: Michael Bailey
weekly Darden BusinessCast.
Photography: Ian Bradshaw, Stephen Evans,
Stephanie Gross, Jack Looney, Matthew Marcinek • Listen to the remarks of distinguished guest speakers on the Darden Podcast.
Andrew Shurtleff, Susan Wormington
Vice President of Communication & Marketing: • Watch streaming videos about Darden programs and people.
Ken White
This magazine is published with private
donations to The Darden School Foundation.
Copyright 2007
The Darden School Foundation

alumni board members
James E. Black (MBA ’03)
Asst. Brand Manager, Procter and Gamble
Adriano L. Borges (MBA ’98)
Vice President, Investment Banking,
Credit Suisse Group

Leadership
Lawrence Brett III (MBA ’79)
Director, Trader Publishing Company
Arthur S. Brinkley (MBA ’85)
First Vice President, Davenport & Company, LLC

The Darden School Mr. J. Andrew Bugas (MBA ’86)


Partner, Radar Partners
Robert F. Bruner, Dean, Charles C. Abbott Professor of Business Administration
L.J. Bourgeois III, Associate Dean for International Affairs Kenneth J. Burke (MBA ’80)
Managing Director, Signal Hill Capital Group LLC
Robert L. Carraway, Associate Dean for MBA Education
James R. Freeland, Associate Dean for Faculty Michael A. DeCola (MBA ’77)
President and CEO, Mississippi Lime Company
Erika H. James, Associate Dean for Diversity
Jeanne M. Liedtka, Executive Director, The Batten Institute Henry L. de Montebello (MBA ’76)
Managing Director, Russell Reynolds Assoc., Inc.
Luann J. Lynch, Associate Dean for Intellectual Capital
Marian C. Moore, Associate Dean for MBA for Executives Kenneth M. Eades
The Darden School, Faculty Advisor
David L. Newkirk, CEO, Executive Education
Randall R. Smith, Chief Technology Officer Karen K. Edwards (MBA ’84)
Senior Vice-President, Wealth Management
Ann H. Taylor (MBA ’85), Executive Director, The Darden School Foundation Strategist, Asset Management Advisors
Clifford H. Farrah (MBA ’94)
Trustees of the Darden School Foundation CEO, The Beacon Group
Beverley W. Armstrong (MBA ’66), Vice Chairman, CCA Industries, Inc.
Kirsti W. Goodwin (MBA ’02)
Robert F. Bruner, Dean, Darden Graduate School of Business Administration Associate Director of Investments, University of
John T. Casteen III, President, University of Virginia Richmond—Spider Management Company
Jesse V. Crews (MBA ’77), Managing Director, Fortress Investment Group Mr. Louis K. Gump (MBA ’97)
U. Bertram Ellis, Jr. (MBA ’79), President and CEO, Ellis Communications Group Vice President, The Weather Channel
Thomas Francis Farrell II, Rector, University of Virginia Lisa O. Jones (MBA ’85)
Lawton W. Fitt (MBA ’79), Senior Advisor, GSC Partners President, Pavilion Properties
Palmer P. Garson (MBA ’83), Managing Partner, Jefferson Capital Partners, Ltd. Richard K. Loh (MBA ’96)
William H. Goodwin, Jr. (MBA ’66), Chairman, CCA Industries, Inc. Founder and CEO, Ploh Group Pte. Ltd.
William J. Harvey (MBA ’77), Vice President and General Manager, DuPont Advanced Fiber Systems Jennifer McEnery (MBA ’00)
William A. Hawkins III (MBA ’82), President and COO, Medtronic, Inc. Head of Operations, Small Bus. Card,
Anthony J. Hobson (MBA ’74), Chairman, Northern Foods Capital One Financial Corporation
William I. Huyett, Jr. (MBA ’82), Director, McKinsey & Company Douglas T. Moore (MBA ’80)
Gary T. Jones (MBA ’74), Managing Director, Senior Advisor, Credit Suisse First Boston (retired) Senior Vice President, Chief Merchandising Officer,
Lisa O. Jones (MBA ‘85), President, Pavilion Properties Circuit City Stores, Inc.
Robert D. Landel, Henry E. McWane Professor of Business Administration Kari E. Pitkin-Blanchard (MBA ’97)
Bruce R. Lauritzen, (MBA ’67), Chairman, First National Bank of Omaha Managing Director, Merrill Lynch & Co., Inc.
Douglas R. Lebda, Class of ’98, President and Chief Operating Officer, InterActiveCorp Michael L. Rich (MBA ’92)
H. Eugene Lockhart (MBA ’74), General Partner and Chairman, Diamond Castle Holdings, LLC Senior Marketing Manager, Cisco Systems, Inc.
Madeleine W. Ludlow (MBA ’78), Principal, Ludlow Ward Capital Advisors Mark A. Riser (MBA ’94)
John G. Macfarlane III (MBA ’79), Chief Operating Officer, Tudor Investment Corporation Partner, Hamilton Robinson, LLC
Harry T. Rein (MBA ’73), General Partner, Foundation Medical Partners Avia B. Robinson (MBA ’94)
Douglas A. Scovanner (MBA ’79), Executive Vice President and CFO, Target Corporation Bryan H. Simms (MBA ’94)
Walter E. Shill III (MBA ’86), Global Managing Director, Accenture Senior Vice President, Wealth & Asset Mgmt.
Bryan H. Simms (MBA ’94), Senior Vice President, Wealth & Asset Management, Lehman Brothers Lehman Brothers, Inc.
Henry F. Skelsey (MBA ’84), Managing Partner, PRC Venture Partners, LLC Anand E. Stanley (MBA’03)
C. Ray Smith (MBA ’58), Tipton R. Snavely Professor Emeritus of Business Administration Director, Supplier Development
United Technologies Corporation
E. Follin Smith (MBA ’85), Executive Vice President, Chief Financial
Officer and Chief Administrative Officer, Constellation Energy Group Patrick J. Sweeney II (MBA ’98)
CEO, ODIN Technologies
John R. Strangfeld, Jr. (MBA ’77), Vice Chairman, Prudential Financial
Ann H. Taylor (MBA ’85), Executive Director, The Darden School Foundation Mr. Sergio Waisser (MBA ’98)
Associate Principal, McKinsey & Company
James W. Todd (MBA ’64), President, The Peterson Companies
Carroll M. Warfield (MBA ’81), Managing Director, Thayer Lodging Group Carter V. Whisnand (MBA ’01)
Vice-President, Silvercrest Asset Management
Ronald T. Wilcox, Associate Professor of Business Administration
Group, LLC
From the Dean

Dear Alumnus,
As I told students and their families at Graduation 2007, we have finished another buoyant year
at the Darden School. We saw sharp increases in applications to the school and career placements
for our graduates. We hired five talented new faculty members. Two colleagues, Sherwood Frey
and Mary Margaret Frank received major teaching awards from the University of Virginia. Darden
Executive Education won the coveted #1 Global Ranking in several categories from The Financial
Times in its annual poll in May. Cases, books and articles are in development at our affiliated
Centers of Excellence—The Batten Institute, The Business Roundtable Institute for Corporate
Ethics, The Olsson Center for Applied Ethics, The Tayloe Murphy International Center, and the
Darden-Curry Partnership for Leaders in Education. Darden has momentum. The response from
our alumni and the extended community of Darden friends has been heartwarming. Thank you.
As I tell everyone, standing still is not an option for Darden. We need to sustain our momentum in
all areas. The most frequent question I encounter from alumni is “What can I do to help?” Here
are my top four picks:
• Speak up for Darden. Word-of-mouth recommendation of our school is the single most influen-
tial means by which MBA applicants, corporate partners, new faculty members, and the general
public learn about us. Tell people about your experience here. We are eager to attract top talent
into our community.
• Give us feedback. In particular, we need your ideas about what we can do to raise our game.
This spring a survey was distributed to every Darden alumnus, seeking your feedback on virtu-
ally every aspect of our operations—from the school’s academic mission, rankings and services
to alumni, to the ways your school communicates with you. The results of this survey in tandem
with our other initiatives will help take Darden to a higher level.
• Engage with us. Our many alumni chapters, social events, and programs of lifelong learning,
which you may read about in this issue of Darden magazine, can help you renew your acquain-
tance. If you haven’t got a chapter nearby, form one. If you have ideas for chapter activities,
volunteer to lead.
• Accelerate the Capital Campaign by making a charitable gift to the school.
We have just concluded our two-year celebration of Darden’s 50th anniversary. The end of every
chapter marks an opportunity to move forward to the next act in the Darden story. We are build-
ing a future that will exemplify excellence in business education, while setting the standard in
thought leadership. Your support will make the difference as Darden rises among the finest MBA
programs in the world.

Best Regards,

Robert F. Bruner

www.darden.virginia.edu • 
Over Coffee

Darden opens the day on Wall Street: from left, Prof. Susan Chaplinsky, Prof. Frank Warnock, Li Wei, NYSE Research, Elizabeth Hupert, Executive Educa-
tion client operations manager, Connie Blackman, NYSE Research, Catherine R. Kinney, NYSE President and Co-COO, Paul Bennet, NYSE Chief Econo-
mist, Dean Robert F. Bruner, Prof. Michael Shill, Prof. Marc Lipson, Pamela Moulton, NYSE Research, Prof. Peter Rodriguez, and Prof. Wei Li.

Dean Bruner Rings NYSE Opening Bell clear explanations of the key metrics for evaluating virtually
Darden Dean Robert Bruner rang The New York Stock every aspect of marketing and sales, including customer per-
Exchange Opening Bell on March 21 to celebrate the 6th ception, product strategy, channel management, promotion,
Annual Emerging Markets Conference, co-sponsored and and revenue and cost structures. The book was co-written
hosted by the NYSE. by David Reibstein and Neil Bendle. Reibstein is Professor
The dean’s conference, “Investment Management in an of Marketing at the Wharton School. Bendle is a doctoral
Evolving Institutional Environment,” ran March 20–21 at student in marketing at the Carlson School of Management,
the NYSE. The conference was organized in partnership with University of Minnesota.
State Street Global Markets, World Bank, and the Research “In a category that suffers from a surfeit of books related
Foundation of the CFA Institute. Robert Shiller, professor to personal experiences, one-off success stories made pos-
of economics at Yale University, was the keynote speaker. sible by budgets and resources unavailable to most firms,
Several Darden faculty and staff were on hand to applaud outdated theories as quaint as bloodletting, or mantras de-
the market opening, which was broadcast live on CNBC at voted to ‘big ideas’ or ‘exceeding expectations,’ 50+ metrics
9:30 a.m. EST. crackles like new money,” writes Strategy + Business writer
Nick Wreden in his “By the numbers” column. “For CEOs
and those in marketing trenches needing accountability, this
Darden Profs’ Marketing is the best marketing book of the year.”
Book ‘Best of the Year’ From a review on the back cover, “Marketing, as a
Strategy + Business magazine hails a function, is under increasing pressure to develop business-
new text by Darden Professors Paul oriented metrics to justify marketing mix investments,”
Farris and Phil Pfeifer as the best writes Anil Menon, vice president of the marketing, systems
marketing book of 2006. and technology group at IBM. “Marketing Metrics offers
In a crowded field of marketing clear advice on how to develop common marketing metrics
tomes, Marketing Metrics: 50 Met- that are relevant and accessible to both marketing and non-
rics Every Executive Should Master marketing decision makers.”
(Wharton School Press 2006) deliv- The book is available in hardcover at major bookstores
ers on its promises. The book offers and through Amazon.com.

 • DARDEN Spring 2007


Alum Donates Defibrillators to Darden Darden Rises in U.S. News Rankings
Medtronic COO Bill Hawkins (MBA ’82) has donated four The latest U.S. News & World Report rankings of America’s
of his company’s fully automatic, portable defibrillators to graduate business schools place Darden 12th in the poll.
the Darden School. Darden’s position in the U.S. News poll has improved in
Hawkins pioneered the technology used in the lifesaving each of the last three years.
devices, which are designed for emergency use by the first In addition to the overall ranking, Darden was
person on the scene. The compact units are installed in key recognized as offering one of the country’s best programs
locations around the Darden Grounds. Each device is capable in management.
of electronically diagnosing an individual’s condition and “The rankings compiled by U.S. News are quite influen-
determining within seconds whether the ailing patient needs tial,” said Darden Dean Bob Bruner. “The fact that we have
defibrillation or perhaps other emergency care. A built-in improved our standing again shows our many audiences
synthetic voice guides the caregiver step-by-step in use of the that we continue to move in the right direction.”
equipment, so even Samaritans with minimal first aid train- The U.S. News rankings are based primarily on two types
ing or emergency experience can deploy the defibrillators to of information. First, data such as job placement rates, test
save a life. scores, and salaries are considered. Second, the perception
Thirteen members of the Darden community are trained in of each school among business school leaders is measured
using the machines. Several are certified in cardiopulmonary and calculated.
resuscitation as well.
“I hope you never have to use them, but it’s a good com-
fort thing to have,” Hawkins said during a visit to the school. Profs. Frey, Frank Win Major UVA Awards
Ann Taylor (MBA ’85), executive director of the Darden Darden Professors
School Foundation, thanked Hawkins and Medtronic for Sherwood Frey Jr. and
donating the devices. She presented Hawkins with a Darden Mary Margaret Frank
School necktie, encouraging the alumnus to “wear it…in won prestigious teach-
good health.” ing awards this spring
With annual revenue of $11.3 billion, Medtronic is the from the University of
world’s leading medical technology company. Virginia.
Hawkins, who is also a Darden Foundation trustee, will Frey is the win-
become President and CEO of Minneapolis-based Medtronic ner of the premiere
on Aug. 23. Excellence in Faculty
Under the succession plan, current Chairman and CEO Mentoring Award,
Arthur D. Collins, Jr. will remain a director and chairman given in recognition of
of the board of the medical technology company until the his outstanding dedica-
annual shareholders meeting in August 2008. Collins said tion in helping junior
Medtronic was fortunate to have someone of Hawkins’ faculty members suc-
caliber assume the role of CEO. ceed at the university,
Hawkins, 53, was elected president and chief operating especially across de-
officer of Medtronic in 2004. partmental and school
boundaries. Frey joined the Darden faculty nearly 30 years
ago and is renowned not only for his skill in inspiring and
teaching students, but for his public service and dedication
to the broader university mission. Frey’s expertise includes
bargaining and negotiating, decision analysis and risk
management. Frey is a past recipient of the All-University
Award.
The All-University Teaching Award was given to Frank
for her superb talents in the classroom, as well as research
and service accomplishments. The annual award is one of
only nine presented to UVA faculty of whom there are more
than 2,100.
Left to Right: David Newkirk, CEO, Executive Education, LaDonna Baker, Frank joined the Darden faculty in 2002 and has estab-
director of operations, Executive Education, Bill Hawkins, and Ann lished her expertise in the areas of mergers and acquisitions,
Taylor, Darden School Foundation executive director
corporate formation, and compensation and tax planning.

www.darden.virginia.edu • 
News Briefs

Mad Money comes to Darden


Darden students rocked Abbott Center Auditorium Feb. 7 White noted that Darden’s Communication & Marketing
during a special broadcast of CNBC’s Mad Money with team worked for a year to attract CNBC to Grounds and to
Jim Cramer. Punctuated by a chorus of “Wahoo-wa!” and arrange Cramer’s visit for an on-site broadcast of his popular
Cramer’s signature, “Booyah!,” the packed auditorium show.
listened to stock tips from the popular investor and soaked C&M assisted with logistics for the occasion, coordinated
up the atmosphere of his high-energy show. news media on hand to cover the events, publicized Cramer’s
Cramer prognosticated on the growth prospects of two visit, and made the investor and his entourage feel a part of
popular stocks: Crocs, a shoe manufacturer, and Under the Darden community.
Armour, which makes sports apparel. The show was a “We are proud to have Cramer visit and broadcast his
boisterous whirl of sound and swirling light, with a standing- show from Darden Grounds, as he is precisely the sort of
room-only crowd clearly pumped up for the event. on-air personality who appeals not only to one of our key
Cramer said Darden students and staff are the best he has constituencies—current students—but prospective students
worked with on his Back to School tour. Darden was the first as well,” White said. Full coverage of this special event, plus
stop of the tour this year. a slide show of images and select video clips are available
His enthusiasm was contagious throughout the day. Cra- at: www.darden.virginia.edu by clicking on more news and
mer joined Darden students at the traditional First Coffee, scrolling to the Feb. 12 item, “Complete Coverage of Mad
where he autographed more than 150 copies of his latest Money at Darden.”
book and met with nearly 300 people, chatting to each one
individually. A day earlier, he visited students in class and
later gave an advance preview of his show with an interview
on the Darden Grounds.
Darden alumni also got in on the action. Alumni chapters
throughout the country held viewing parties to watch the
program, broadcast at 6 p.m. eastern and repeated at 11
p.m.
“This was a terrific event to showcase all that Darden has
to offer, both for our students and special guests,” said Ken
White, Darden’s Vice President of Communication and Mar-
keting. “For cutting-edge business education, supplemented by
guest speakers representing the best names in the business and
academic communities, clearly, Darden is the place to be.”

 • DARDEN Spring 2007


Darden Ibmec Deal
Around Darden: The Darden School and Ibmec São Paulo in Brazil signed
a letter of intent for a collaborative relationship starting in
Communication & Marketing, February.
Mad Money’s Cramer Connects with Darden The schools expect to produce business and management
I spent my twenties as a television sports anchor and reporter. It teaching materials; enhance the academic experiences of
was a terrific job and I enjoyed meeting the athletes and celebrities faculty; create opportunities for international exposure for
associated with sports. students from both schools; develop joint programs; and
One day I was a kid growing up in Pittsburgh, then the next I was share information regarding faculty development, content
in the Steelers locker room interviewing future Hall of Famers Terry and format of programs, pedagogical methods, and enhance
Bradshaw, Franco Harris, and Jack Lambert. Back then, almost the competencies and skills of the students.
without exception, the athletes were great to work with. Darden Dean Robert Bruner met with Ibmec President
But that was the 1980s. Times have changed. While there are Claudio Haddad on Feb. 5 in São Paulo, where they signed
“good guys,” the number of celebrities who treat their fans poorly the formal letter of intent. During his mission to Brazil, Dean
today seems to be growing. Many of them just don’t get it. Bruner also met with Darden alumni, as well as corporate
But in February, Darden hosted a “celebrity” who does get it. Bet- and government leaders.
ter than just about anyone I have ever seen. CNBC brought its popu- Darden and Ibmec will develop initiatives in joint faculty
lar television program, Mad Money with Jim Cramer to Darden. The research and case writing, prepare exchange programs
program was taped in a packed Abbott Center Auditorium in the af-
for graduate students, collaborate on executive education
ternoon and, minutes later, it was airing all over the world. Our team
programs; invite scholars to participate in conferences and
in Communication & Marketing worked for a year to attract CNBC
lectures; and license published materials. Darden’s Tayloe
to Grounds and to arrange Cramer’s visit for an on-site broadcast of
Murphy Center-International has been instrumental in
his popular show. It was worth it.
Cramer is not like the mad-man persona he affects on television.
establishing this collaborative relationship with Ibmec.
He is definitely passionate but he is also a caring, soft-spoken man Ibmec is one of the most prestigious b-schools in Latin
who has made a special connection with his audience of mostly America, noted especially for its finance segment and execu-
twenty-somethings who work in the corporate world. I have seen tive education programs. With its estimated 186 million
sports fans get wildly excited when meeting athletes, but when inhabitants, Brazil has the largest population in Latin America
Darden students met Cramer it was different. There was some sort and ranks fifth in the world. The majority of people live in the
of special bond there. He wants them to understand how to make south-central area, which includes the industrial cities of Sao
and save money, and they appreciate that. Paulo, Rio de Janeiro, and Belo Horizonte. Urban growth has
He spent two days at Darden repeatedly asking to meet our been rapid; by 2005, 81% of the total population was living
students. He attended First Coffee where he shook hands, posed for in urban areas.
photos, signed autographs, and told everyone about his family. He
stayed until he met all 175 people in line. Then, he visited a class
Education Veteran to Head Partnership
where he talked and answered questions for more than an hour.
During his program, instead of taking breaks when going to com- A commissioner of the National Commis-
mercials, Cramer continued to talk and answer questions from his sion on No Child Left Behind in April was
mostly-student audience. named executive director of the Darden/
After the one-hour taping he remained on stage where, again, he Curry Partnership for Leaders in Education
fielded questions. Finally, he spoke to each of the 100 people invited (PLE).
to an after-show gathering. James L. Pughsley will lead the partner-
It was refreshing to see someone in the spotlight treat his fans ship between Darden and the Curry School
the way Jim Cramer did. It was also exciting to watch our students of Education, bringing together the most advanced thinking
react. They had a wonderful time being a part of the broadcast and in business and education to meet the unique demands of
meeting one of the good guys. managing and governing school systems to accelerate student
achievement. The PLE has received national recognition for its
Ken White School Turnaround Specialist Program.
Vice President, Communication & Marketing In 2002, Pughsley became superintendent of the nation’s
434.924.3220 23rd largest school system, the Charlotte-Mecklenburg system
WhiteK@Darden.Virginia.edu in North Carolina. He made significant strides in improving
day-to-day operations and the long range vision for the sys-
tem. An Arizona native, Pughsley earned his bachelor’s degree
from Northern Arizona University and his master’s and doc-
torate from the University of Arizona.

www.darden.virginia.edu • 
News Briefs: Speakers at Darden

GE Chairman, CEO Speaks at Darden • Be a fearless globalist and explore new opportunities
wherever they exist.
• View leadership from the perspective of innovation and
product management
• Simplify. “Doing things simply is a lot harder than doing
them in a complicated way,” he said. But simplification
saves time and increases efficiency, while allowing for the
free flow of ideas.
• Be a salesman. In the digital age companies will sell fewer
things to more people. Guessing correctly what those
things will be and determining how to sell them will be a
hallmark of the successful executive.
• Be a good student of organizational behavior. This helps
maintain loyalty, while giving talented individuals a rea-
son to stay at the company. “Convince them your vision is
their vision,” Immelt said.
• Build trust. “Take care of your workforce,” the executive
said.
“You’ve had two years of being a CEO with no conse-
quences,” he told the Second Year students. “Everybody in
this room has the capability to do my job. You’ve gotten
a great education and have the opportunity to go out and
act on it. The question is, will you? You’ve got to believe in
your company and yourself.”
In 2005 and 2006, Barron’s magazine named Immelt one
of the World’s Best CEO’s.

Darden Health Care Conference


Medtronic continues to drive growth through invention
General Electric Chairman and CEO Jeffrey Immelt urged
and innovation against a changing international landscape
Darden students to be fearless global innovators as they
of tighter government regulations and fierce competition in
chart their careers.
the medical technology industry, the company president and
GE’s top executive spoke last fall to a capacity crowd
chief operating officer told Darden students in April.
on the challenges of “Leadership, Innovation and
William Hawkins (MBA ’82), was the keynote speaker at
Growth.” All are key drivers of GE’s global success in the
the annual Darden Health Care Conference. He discussed,
five years since Immelt was named chairman and CEO.
“New Strategies for Innovation in the Life Sciences.”
Running a massive corporation today, Immelt said, is
Hawkins, who is also a Darden Trustee, will become
particularly challenging in this slow-growth environment.
Medtronic’s CEO in August following the annual share-
The overarching goal at GE is to use the corporation’s size
holder meeting.
to be a great company, not merely a big company. That
“Innovation, translating ideas into action, is at the center
requires a limber organizational structure unencumbered
of my company’s success,” Hawkins said. The company
by layers of bureaucracy, which Immelt has worked to
holds the top market position in virtually all of its business
simplify.
lines, and has posted 20 consecutive years of growth to
The corporation continues to make big investments in
reach $2.5 billion in net profit for 2006.
sales and marketing, while devoting $1 billion annually
Most new Medtronic products are physician-initiated
on training for GE’s 320,000-plus workforce. About half
and many of the ideas originate outside the United States,
the corporation’s operations are outside the United States,
the executive said. Invention comes through conceiving and
so continued global expansion will remain part of GE’s
developing ideas into viable medical solutions, while innova-
strategic growth plan.
tion is the process of developing new applications for those
“The era of professional management is dead,” he
solutions.
declared. “The future is growth leadership.”
Market demands require a steady stream of solutions.
To prepare, he advised Darden students to gain exper-
“Two-thirds of our revenues are from products intro-
tise in six key areas:
duced in the last two years,” Hawkins said. Competition has

 • DARDEN Spring 2007


Universal Studios President Talks
Show Business
Ron Meyer said “no” to Titanic.
The president and chief operating officer of Universal
Studios told Darden students in March that he passed on an
opportunity 11 years ago to make director James Cameron’s
multiple Oscar-winning film—a picture which still ranks
today as the worldwide top-grossing picture in the history of
cinema.
William Hawkins (MBA ’82), president and COO, Medtronic was the key-
note speaker at the annual Darden Health Care Conference. “I turned him down,” Meyer said, recalling when Cam-
eron brought the project to Universal for a possible produc-
become so ferocious that Medtronic must completely turn tion deal. “I’m just now getting over it. Titanic is the highest
over its products in various business lines about every three grossing film of all time. I’m just now healing.”
years. Meyer smiled and shook his head slightly.
While invention and innovation often come from within, The anecdote served as an illustration of risk analysis in
Medtronic also maintains a disciplined approach to acquisi- the film business, although Meyer conceded that losing money
tions, Hawkins said. The criteria include a precise strategic on a flop film is more common than saying no to an eventual
and cultural fit, access to proprietary technology, clear clinical blockbuster before it is produced.
evidence of a product’s efficacy, and market attractiveness. “With all of our expertise and knowledge, it’s still a crap
More stringent government regulations across the Eu- shoot,” he said. “It’s just like throwing all your money on the
ropean Union, China and Japan are changing the industry, tables in Las Vegas.” That said, he told the students “nobody
Hawkins added, saying that government protocols on new at any studio in the history of the film business ever set out to
medical technologies continue to pose a challenge for bring- make a (lousy) movie.”
ing cost-effective products to the marketplace. Today, the challenges facing the head of a major studio
With annual revenues of $11.3 billion in 2006, include hiring the best creative talent to evaluate potential
Medtronic is the global leader in medical technology for projects, while protecting intellectual property from pilfering
alleviating pain, restoring health, and extending life for mil- by pirates. One Darden student, recently returned from a visit
lions of people around the world. The company is on target to China, remarked on how bootleg DVD copies of Casino
to exceed revenues of $12 billion this year. Royale, the most recent James Bond film, were available from
street peddlers for about $1. The movie was on the streets in
China before its official DVD release on March 13.
Lenovo Exec Outlines Growth Strategy Meyer was candid in his assessment of the problem, which
The chief operating officer of China-based Lenovo told costs U.S. studios billions of dollars annually in lost revenue.
Darden students that the company’s commitment to in- “We’re not going to stop it,” he declared. “We’re trying to
novation was the key to the successful acquisition of IBM’s minimize it. We have to make our product better and more
personal computer division. affordable, with extra features (added-value DVD content).”
Frances O’Sullivan, who is also senior vice president of Meyer was appointed president and COO of Universal in
the Lenovo Product Group, was the keynote speaker of the August 1995. During his 11-year tenure, Universal has pro-
2007 Asian Business Conference at Darden. She discussed duced such profitable hit films as American Pie, The Bourne
the strategy of the Lenovo-IBM partnership while under- Identity and 8 Mile. Meyer has said in interviews that profits
scoring the challenges of growing market share and building from these blockbusters help fund smaller art house pictures,
brand awareness on an international scale. including Roman Polanski’s 2002 Oscar-winning film, The
Lenovo acquired Big Blue’s PC Division four years ago Pianist.
in a $1.75 billion deal. At that time Lenovo had annual rev-
enues of $3 billion, compared to the acquisition, which was
posting revenues of $10 billion a year. Today Lenovo is now
recognized as the preeminent Chinese multinational compet-
ing in a global market place.
O’Sullivan compared the challenge of merging IBM’s PC
unit to “changing the fan belt while the engine is running.”
Lenovo did not want to lose the momentum it had achieved
as the No. 1 IT company in China. The acquisition itself
made perfect sense, since IBM ranks third among PC com-
panies worldwide, O’Sullivan added, saying both companies
maintain a deep commitment to innovation.

www.darden.virginia.edu • 
News Briefs
Darden’s Luckiest Student Makes a Choice the lid to reveal…nothing. Just a briefcase full of blues. The
other case, the one Inoue did not choose, was promptly
opened. Inside, tantalizing, almost taunting, was a card
emblazoned with the numerals: $17,500.
Such is the inscrutable nature of luck. Inoue bowed with
good grace and was rewarded with applause from his fellow
students.
Professor Sam Bodily, who served as emcee of the
weeklong Luckiest Student event, observed that Inoue, at
the end of the day, was no more or less lucky than any of his
fellow students. With the prize still in hand, Bodily said the
event would be held again next year to gauge the vagaries of
luck and random events.
The Random Act of Kindness experience for Darden’s
Luckiest Student was part of an ongoing research experi-
From left: ‘the bankers,’ Professors Anton Ovchinnikov and Casey Lich-
tendahl, Hideki Inoue and Professor Sam Bodily . ment being conducted by professors Bodily and Phil Pfeifer,
who conceived the event. The Random Act of Kindness pro-
Darden’s Luckiest Student discovered that nothing lasts vided students an opportunity to ponder the role that ran-
forever as his final bid for a cash prize yielded only applause domness and the abstraction of luck plays in business life.
for his sportsmanship. First Year Students were chosen and gradually eliminated
First Year student Hideki Inoue survived more than a from the event in entirely random and varying fashion.
week of random eliminations in February to be named While students in First Year Decision Analysis discuss the
Darden’s Luckiest Student, which gave him a shot at a issue of uncertainty when studying
$17,500 scholarship—a random act of kindness from an cases about real companies, A
anonymous benefactor of the Darden School. Random Act of Kindness moved the
Ah, but cruel fate befell Inoue as he rejected a guaranteed analysis beyond the theoretical into
cash offer of $5,679 to take a chance on a $17,500 windfall. the realm of actual consequences,
Dressed in the ancestral Samurai garb of his native Japan, where the stakes were real. Factors
Inoue boldly asserted that he would instead choose between such as risk tolerance and the
two identical briefcases. One contained the lucky prize, the statistics of chance came into play
other contained only air. as the student decided whether to
Inoue made his selection. The crowd grew silent. He go literally for the gold, or take a
released the spring clasps on the top of the case. And opened guaranteed amount from the banker.

New Trustees Elected to the Darden Foundation Board at Spring Meeting


The Darden School Foundation Trustees in April organized a These appointments are effective July 1, 2007.
seamless succession of leadership by announcing the appoint- Five new trustees will also join the Foundation Board on July 1:
ment of John G. Macfarlane III (MBA ’79) to a two-year term Tom Baltimore Jr. (MBA ’91) is co-founder and president of
as Chairman. Having served for two years as President of the RLJ Development, a privately held real estate investment
Board, John succeeds William H. Goodwin, Jr. (MBA ’66) who company.
will continue to serve as a trustee in the Foundation’s gover- Peter D. Kiernan (MBA ’79) is president and a partner in
nance. Cyrus Capital, an investment firm. He was personally chosen by
Macfarlane is the Chief Operating Officer of Greenwich, CT- the widow of Christopher Reeve to be chairman of the Christo-
based Tudor Investment Corp. John has served on the Darden pher Reeve Foundation.
School Foundation Board of Trustees since 2001. He also serves Philip W. Knisely (MBA ’78) is executive vice president of
on the board of the University of Virginia Investment Manage- the Danaher Corp., one of the leading manufacturers of elec-
ment Company (UVIMCO). tronic testing equipment, instrumentation and motor-control
The Board also appointed John R. Strangfeld, Jr. (MBA ’77) systems.
to succeed Macfarlane as president. Strangfeld is Vice Chair- Elizabeth K. Weymouth (MBA ’94) is managing director at
man of Prudential Financial and is responsible for all domestic JP Morgan where she runs the firm’s largest group: the North-
businesses including the Investment and Insurance Divisions. east Private Banking Group.
He has been with Prudential since graduating from Darden 30 Kenneth M. Eades, professor of business administration, is
years ago. Strangfeld has served on the Darden School Foun- the new faculty member on the Board of Trustees.
dation board of trustees since 2003.

10 • DARDEN Spring 2007


Around Darden:
Development
In early May, I attended the annual meeting of Berkshire Hathaway
investors in Omaha and was struck by the pervasive spirit of
ownership. Collectively, owners are powerful forces in a constituency.
Individually, they distinguish themselves from other members by their
understanding of the organization’s current state and their active
interest in its future. Owners take the long view and see themselves as
integral players, directly influencing success.
While I am not a Berkshire Hathaway investor, I traveled with a
select group of Darden Capital Management students to the Berkshire
Hathaway Annual Shareholders Conference hosted by Warren Buffett.
Each year, Omaha native and Darden Trustee Bruce Lauritzen (MBA
’67), generously sponsors Darden Capital Management students to
participate in this unique gathering of the Buffett faithful and loyal
Corporate Sponsors Program investors. Bruce welcomed our Darden contingent over lunch in the
Building mutually beneficial partnerships with First National Bank of Omaha’s 40th floor dining room where he
recruiting companies previewed the annual meeting and offered an oral history of Berkshire
Since enrolling its first class in 1955, Darden has set out Hathaway, his friend Warren Buffett and Omaha.
to develop leaders who help companies grow, prosper and Early the next morning, we joined investors as they filled the
capitalize on new opportunities. That’s why every year hun- Qwest Center to see a film about their company, pose questions to
Mr. Buffett and his business partner, Charlie Munger, and attend the
dreds of top Fortune 500 companies seek to recruit Darden
“official meeting,” which lasted only 15 minutes. Far different from
students. It also explains why many of these companies
other corporate annual meetings, here 20,000-plus attendees reunited
decide to join the Corporate Sponsors Program.
with fellow investors and engaged in the life of their company for
Darden’s Corporate Sponsors Program is designed to
three days. From my outsider’s perspective, Berkshire Hathaway
give recruiting companies a competitive edge and help
management embraces their investors as long-term owners whose
them attract the best and brightest students. As the most active interest strengthens the venture.
visible and active companies at Darden, Corporate Sponsors Observing this, I was reminded that ownership is not limited to
receive a number of exclusive perks, including priority reg- investors in the private sector. Those who give their resources, time,
istration for interviewing First and Second Years, top priority and wisdom to colleges, museums, churches, and other not-for-profit
for hosting popular student events, such as First Coffee, and institutions are powerful forces. The success of an organization is the
special recognition in publications, such as The Cold Call return they seek for their gifts.
Chronicle. Last April, 62 donors who generously endow and support
Now for the first time, Darden is offering Corporate scholarships, returned to Darden for the annual 2007 scholarship
Sponsors at the $12,500 level and above an opportunity to dinner, hosted in Flagler Courtyard by the Foundation Board of
be featured in Darden magazine. The next issue of Darden Trustees. They spent a delightful evening with student scholarship
will recognize each top sponsor with a full-page announce- recipients, their families, scholarship selection committee faculty,
ment. Distributed to more than 15,000 current and prospec- and trustees—in all, about 325 members of the Darden community.
tive students, alumni, faculty, and corporate partners, this Students talked about their classroom experiences, summer
will increase our Corporate Sponsors’ visibility throughout internships, and career plans. In response, alumni offered counsel,
the business community. encouragement, and wonderful stories about their own experiences.
Like the Annual Fund, the Corporate Sponsors Program They enjoyed meeting the recipients of their scholarships and saw
is one of Darden’s primary sources of unrestricted dollars. It readily the long-term, far-reaching impact of their gifts. Indeed, it was
gives the school the flexibility to respond to the changing gratifying to see their ownership.
The Campaign for Darden is composed of projects that will support
and highly competitive environment of graduate business
outstanding students, dynamic faculty, and ambitious programs. As
education. Funds generated from the program enable the
we seek new resources to advance the School’s mission, strengthen
school to underwrite many of its daily operating activities,
its brand, and expand its influence in the world of practical affairs, we
including curriculum development, faculty research and
will draw on the spirit of ownership that distinguishes Darden alumni.
library resources.
The Darden School thanks its Corporate Sponsors for Jay Gundy
their continued generosity and commitment. Vice President, Development
For more information on how to become a Corporate 434-924-4874
Sponsor, please contact the Office of Corporate & Foun- gundyj@darden.virginia.edu
dation Relations at (434) 924-6576 or carmanj@darden.
virginia.edu.

www.darden.virginia.edu • 11
Faculty Files
Books Publications Jared Harris, Philip Bromiley
“Incentives to Cheat: The Influence
Brandt R. Allen and Don Hambrick and Ming-Jer Chen
of Executive Compensation and Firm
Luann J. Lynch: The “New Academic Fields as Admittance-
Performance on Financial Misrepresen-
Executive’s Guide Seeking Social Movements: The Case
tation,” Organization Science, forth-
to Management of Strategic Management” Academy of
Accounting and coming.
Management Review, forthcoming.
Control Systems, Erika H. James, Peggy M. Lee
Nag, Rajiv, Donald C. Hambrick and
Seventh Edition, “She-E-Os: Gender Effects and stock
Ming-Jer Chen
Thomson Learning. Price Reactions to the Announcement
“What is Strategic Management,
John L. Colley, Jr., Jacqueline L. Doyle, of Top Executive Appointments,”
Really? Empirical Induction of A Con-
D. Robley Wood, Jr., and Wallace Strategic Management Journal, Vol. 28,
sensus Definition of the Field,” Strate-
Stettinuis: How to Plan and Execute No. 3, March 2007, 227-241.
gic Management Journal, forthcoming.
Strategy, translated into Indonesian, Erika H. James,  L. P. Wooten
Ming-Jer Chen
McGraw-Hill Companies and P.T. “Diversity Crisis: How Firms Manage
“Reconceptualizing the Competition-
Media Global Edukasi, Jakarta, Discrimination Lawsuits,” Academy of
Cooperation Relationship: A Transpar-
Indonesia, 2006. Management Journal, Vol. 49, No. 6,
adox Perspective,” Journal of Manage-
Olaf Plötner and Robert E. Spekman ment Inquiry, forthcoming. December 2006, 1103-1118.
(Editors), Bring- Tim Laseter, K. Boyer, J. Rungtusan-
Ming-Jer Chen, Kuo-Hsien Su, and
ing Technology to atham, E. Rabinovich, “Backroom
Wenpin Tsai
Market, John Wiley Operations on the Front Burner: Three
“Competitive Tension: The Awareness-
& Sons, Germany, Critical Issues in Internet Retailing,”
Motivation-Capability Perspective”
March 2007. Sloan Management Review, forthcom-
Academy of Management Journal, Vol.
R. Edward Freeman, 50, No. 1, February 2007, 101-118. ing.
Jeffrey Harrison, D. Mollenkopf, E. Rabinovich, Tim
Gregory B. Fairchild 
and Andrew C. Laseter, K. Boyer, “Managing Internet
“Residential Segregation Influences
Wicks: Managing Product Returns: A Focus on Effective
on the Likelihood of Being Self-
for Stakeholders, Service Management, Decision Sci-
Employed,” Entrepreneurship Theory
New Haven: Yale University Press; ences, forthcoming.
and Practice, forthcoming.
forthcoming., E. Freeman, G. Rusconi,
and M. Dorigatti (Editors) Gregory B. Fairchild Rob Cross, Tim Laseter, Andrew
Stakeholder Theory, published in Ital- “Residential Segregation Influences Parker, Guillermo Velasquez
ian, Milan: Franco Angeli Milano and on the Likelihood of Black and White “Using Social Network Analysis to
Fondazione Acli Milanesi; forthcoming. Self-Employment,” Journal of Business Improve Communities of Practice, Cali-
Venturing, forthcoming. fornia Management Review, Vol. 49,
Saras D. Sarasvathy and Sankaran No. 1, Fall 2006.
Venkataraman: Made, as Well as Gregory B. Fairchild
Found: Researching Entrepreneurship “The Influence of Residential Segre- Jeanne M. Liedtka, R. Friedel, “Pos-
as a Science of the Artificial, Yale Uni- gation and its Correlates on Ethnic sibility Thinking: Lessons from
versity Press; forthcoming. Enterprise in Urban Areas,” Journal of Breakthrough Engineering,” Journal of
Sarasvathy: Effectuation: Elements of Business Venturing, forthcoming. Business Strategy, forthcoming.
Entrepreneurial Expertise, Edward El- Mary Margaret Frank, James Porterba,  Marc L. Lipson, Sandra Mortal
gar, New Horizons in Entrepreneurship Doug Shackelford, John Shoven “Liquidity and Firm Characteristics:
Series; forthcoming. “The Costs of Mandated Financial Dis- Evidence from Mergers and Acquisi-
Patricia Werhane, Margaret Posig, closure: Evidence from Mutual Funds,” tions,” Journal of Financial Markets,
Lisa Gundry, Laurel Ofstein, and Journal of Law and Economics, forth- forthcoming.
Elizabeth Powell: Women in Business: coming. Paul Irvine, Marc L. Lipson, 
The Changing Face of Leadership, R. Edward Freeman W. Anderson Puckett “Tipping,” Re-
Westport CT: Praeger; forthcoming. “The Stakeholder Effect,” Academy of view of Financial Studies, forthcoming.
Management Perspectives, forthcoming. Marc L. Lipson, Sandra Mortal
R. Edward Freeman, J. McVea “The Effect of Stock Splits on Clien-
“Stakeholder Theory: The State of the tele: Is Tick Size Relevant,” Journal of
Art,” Tijdschrift voor Economie en Corporate Financing, Vol. 12, No. 5,
Management, forthcoming. December 2006, 878-896.

12 • DARDEN Spring 2007


Luann Lynch, M. E. Carter, A. I. Tuna, Morris George, Donald R. Lehmann,  Tijdschrift voor Economie en Manage-
“The Role of Accounting in the Design Ross Rizley, Rajkumar Venkatesan ment, LI, 2006, 199-212.
of CEO Equity Compensation,” The “From CLV to Shareholder Value: Jerry Goodstein, Andrew C. Wicks,
Accounting Review, forthcoming. Theory, Empirical Evidence, and Issues “Corporate and Stakeholder Respon-
Ryan W. Quinn, W. Brockbank, for Future Research, Journal of Services sibility: A New Foundation for Stake-
“The Development of Strategic Human Research, forthcoming. holder Theory and Firm-Stakeholder
Resource Professionals at BAE Sys- Rajkumar Venkatesan, Kumar Mehta,  Commitment,” Business Ethics Quar-
tems,” Human Resource Management, Ravi Bapna,“Do Market Character- terly, forthcoming.
Vol. 45, No. 3, Fall 2006, 477-494. istics Impact the Influence of Retailer Baohong Sun, Ronald T. Wilcox, Ting
Peter Rodriguez, Donald S. Siegel, Amy Characteristics on Online Prices?,” Zhu, “Ignoring Your Best Cusomter?
Hillman, Lorraine Eden, Journal of Retailing, forthcoming. An Investigation of Customer Satisfac-
“Three Lenses on the Multinational En- Rajkumar Venkatesan, Kumar Mehta,  tion, Customer Retention, and Their
terprise: Politics, Corruption, and Cor- Ravi Bapna, “When the Going Gets Financial Impact,” Journal of Relation-
porate Social Responsibility,” Journal Tough the Good Get Going: Under- ship Marketing,
of International Business Studies, Vol. standing the Confluence of Retailer forthcoming.
37, No. 6, November 2006, 733-746. Characteristics, Market Characteristics,
Mary Jo Hatch, James Rubin, and Online Pricing Strategies,” Deci-
Faculty Win Wachovia Awards
“The Hermeneutics of Branding,” Jour- sion Support Systems, forthcoming.
Four distinguished members of the
nal of Brand Management, Vol. 14, No. Rajkumar Venkatesan, V. Kumar, 
Darden faculty received Wachovia
1/2, September 2006, 40-59. Timothy Bohling, “Optimal CRM Us-
Awards for excellence in writing.
Saras Sarasvathy, Nicholas Dew, ing Bayesian Decision Theory,” Journal
Each year the Darden Research and
“Innovations, Stakeholders, and Entre- of Marketing Research, forthcoming.
Course Development Committee pres-
preneurship, Journal of Business Ethics, V. Kumar, Denish Shah, Rajkumar Ven- ents the Wachovia Awards to recognize
forthcoming. katesan, “Managing Retailer Profitabil- faculty excellence. The awards alternate
Saras Sarasvathy, Nicholas Dew, Stuart ity—One Customer at a Time,” Journal each year between excellence in course
Read, R. Wiltbank, “A Behavioral of Retailing, forthcoming. materials and excellence in research.
Theory of the Entrepreneuerial Firm,” John D. Burger, Francis E. Warnock The Wachovia Awards recognize work
Journal of Economic Behavior and Or- “Foreign Participation in Local Cur- that is particularly outstanding and re-
ganization, forthcoming. rency Bond Markets,” Review of Fi- flects well on the reputation and larger
nancial Economics, forthcoming. mission of the school. Each winner
Matthew McBrady, Michael J. Schill receives a plaque and an honorarium.
“Foreign Currency Denominated Bor- Hali Edison, Francis E. Warnock This year was noteworthy in that the
rowing in the Absence of Operating “Cross-Border Listings, Capital Con- committee had an outstanding array
Incentives,” Journal of Financial Eco- trols, and Equity Flows to Emerging of nominations—perhaps the finest the
nomics, forthcoming. Markets, Journal of International school has ever seen, particularly in the
D. Eric Boyd, Robert E. Spekman, John Money and Finance, forthcoming. quality of the submissions, but also in
Kamauff, Patricia H. Werhane, Patricia H. Werhane, “Women Leaders the overall number of works. “We are
“Corporate Social Responsibility in in Global Corporations,” Journal of particularly proud of this, given that
Global Supply Chains: A Procedural Business Ethics, forthcoming. this array of work will certainly bolster
Justice Perspective,” Long Range Plan- Patricia H. Werhane, “Mental Models, Darden’s reputation in terms of intel-
ning, forthcoming. Moral Imagination and Systems Think- lectual capital and suggests the school
Michael E. Porter, Elizabeth Olmsted ing in the Age of Globalization,” Jour- is on a positive trajectory in this area,”
Teisberg, “How Physicians Can Change nal of Business Ethics, forthcoming. says Professor Andrew Wicks, chair-
the Future of Health Care,” Journal man of the committee.
Patricia H. Werhane, “Access, Re- Significant Publication in a Peer
of the American Medical Association, sponsibility, and Funding: A Systems
forthcoming. Reviewed Journal
Thinking Approach to Universal Access
Rajkumar Venkatesan, “The Impact to Oral Health,” Journal of Dental Winner:
of Customer-Firm Interaction Charac- Education, Vol. 70, No. 11, November Asst. Professor Mary Margaret Frank
teristics on Multichannel Shopping,” 2006, 1184-1195. Authors: Mary Margaret Frank,
Journal of Marketing, forthcoming. James M. Poterba, Douglas A.
Patricia H. Werhane, “Adam Smith’s Shackleford, and John B. Shoven.
Paul D. Berger, Naras Eechambadi  Legacy for Ethics and Economics,” (continued on page 14)

www.darden.virginia.edu • 13
Faculty Files
“Copycat Funds: Information Disclosure Regulation and
the Returns to Active Management in the Mutual Fund
In Memoriam
Industry,” Journal of Law and Economics, Vol. XLVII Former Dean Haigh Dies;
[October 2004]: 515-541. Led School in Early ’80s.
Winner: Professor Ronald T. Wilcox Former Darden School Dean Robert Haigh died in
Authors: Shibo Li, Baohong Sun and Ronald T. Wilcox. December. He was 80.
A Distinguished Professor of Business Administration,
“Cross-Selling Sequentially Ordered Products: An Appli-
Haigh became the third dean of the school in 1980 and
cation to Consumer Banking Services” Journal of Market-
served until 1982. He was also director of the Tayloe
ing Research, Vol. XLII [May 2005]: 233-239.
Murphy International Business
Studies Center.
Significant Publication in a Book Form
Following his retirement,
Winner: Assoc. Professor Elizabeth Olmsted Teisberg in later years Haigh was a
Authors: Michael E. Porter and Elizabeth Olmsted resident of Westminster-Can-
Teisberg. terbury Retirement Village in
Redefining Health Care: Creating Value-Based Competi- Charlottesville. He was also
tion on Results. Harvard Business School Press, 2006. coping with Parkinson’s disease.
Significant Publication Aimed at the Practicing Manager In 1980 Haigh was a visiting
professor to Darden before he
Winner: Professor Jeanne Liedtka
was recommended to succeed
Authors: Rob Cross, Jeanne Liedtka, and Leigh Weiss.
Dean C. Stewart Sheppard.
“A Practical Guide to Social Networks,” Harvard Busi- Haigh brought knowledge of both industry and academia
ness Review [March 2005]: 1-9. to the table and was described as a ‘dream dean” by a
Washington Post reporter.
One of his first actions to raise the school’s interna-
Inaugural Genovese Fellows Reunion tional profile was to bolster Darden’s research efforts. He
Genovese Fellows gathered in April on the Darden Grounds also restructured the dean’s office, expanded the school’s
for the first time since the inception of the program 16 years fundraising goals to meet the school’s vision, and he en-
ago by Visiting Professor Frank Genovese (MBA ’74). Frank hanced the doctoral program. The objective was to grow
and his wife Susan were generous hosts and the group met the PhD program to at least 30 students, further stimulat-
at the Abbott Center during reunion weekend. Several fac- ing research while attracting top faculty to the school.
ulty members participated in the lunch celebration, includ- Haigh also appointed a committee that laid the ground-
ing Dean Bob Bruner and Professor John Colley. work for Darden’s eventual physical expansion into the
Genovese endowed the program to aid students who Grounds and facilities that students enjoy today.
wish to pursue careers in general management, a path that Ill health led to his early resignation as dean in 1982.
mirrors his own experience. In the years since the program He received his MBA and doctoral degrees from Har-
began, 41 Darden students have received fellowships total- vard Business School, later becoming president of Stan-
ing more than $1.3 million. Of the 37 fellowship students dard Oil of Ohio’s Chemicals and Plastics Group, and
already graduated, today 21 are general managers or already Xerox’s Educational Publishing and Information Services
own their companies. Group.
Outside his field of international business, Haigh
and four fellow members of the First Presbyterian
Church ran a soup kitchen for many years in downtown
Charlottesville. They served a free lunch to anyone; no
questions asked.
“People come in who are hungry and would like to
eat,” Haigh told the University of Virginia news service in
1992. “They sit down and we serve them.”
A memorial service was held Dec. 30 at First Presbyte-
rian Church in Charlottesville.

From left: Erica and Mike Lorence (MBA ‘07) and Jim Zuffletti (MBA ‘05) at
the Genovese Fellows Reunion.

14 • DARDEN Spring 2007


Executive Education
Lifelong Learning: Exec Ed Bound for Asia
Around Darden: Darden’s top ranked Executive Education team is taking the
Executive Education next step in developing new courses of interest to Darden
It’s not easy developing Executive Education for Darden alumni and their business colleagues across the world by visit-
alumni. For starters, alumni already have a great management ing the Far East this summer.
education with the Darden MBA. When we talk with Darden Along with the CEO of Executive Education, David
graduates, we find their needs vary widely. Some are look- Newkirk, Darden faculty members Jay Bourgeois and San-
ing for the newest ideas, and view Darden faculty as one of karan Venkataraman will visit Singapore, Shanghai, and To-
many resources. Equally, many have reached the point in their kyo in July to partner with local universities and deliver a new
professional development to learn and use some of the oldest seminar: “Innovation vs. Acquisition: Determining the Critical
ideas, especially about leadership. And all would like to relive Path for Strategic Growth.”
the “buzz” that comes with a high-octane case discussion. “Darden seeks to develop long-term partnerships in this
In February, we served all of these groups with a seminar region,” says Newkirk. “In our experience, partnerships are
in New York, “So you want to be an Entrepreneur… what built at the individual level, within the context of institutional
next?” This was designed to help alums thinking about alignment. Meeting with stakeholders, talking to alumni, and
launching out on their own. Professor Saras Sarasvathy led working with partner institutions will help us quickly under-
with a presentation of her research exploring the attitudes stand where there is a confluence of interest, and will help us
and thought processes of expert entrepreneurs. Saras, Phil- identify where to proceed from here.”
lippe Sommer, the Batten Institute’s Director of Entrepre- Each seminar will be preceded by an alumni reception the
neurship Programs, and Frank Genovese (MBA ’74), visiting evening prior. All Darden alumni in the Far East are invited to
lecturer in business administration, then led discussions on attend the receptions. Alumni are encouraged to invite a col-
developing a business plan, building a team and buying a league to join them. Additional information will be available
business. The day closed with a panel of entrepreneurs shar- shortly on the Darden Alumni Relations website.
ing their experiences. We’re now reflecting on the feedback to “This effort will engage professionals on a global level in
fine-tune our future offerings. sharing current faculty research while developing strategic
March saw another successful experiment. With the partnerships and promoting the Darden brand,” said Dean
Defense Industries Initiative, a group of 75 leading defense Bob Bruner. For more information, contact Diane Krehmeyer
contractors, we hosted a conference on Enterprise Ethics. at 434.924.4063.
Professors Jared Harris, Ed Freeman and Erika James shared
their current research on ethics and crisis management— Exec Ed Teams with Genworth on Scholarships
including a newly developed simulation—with 50 senior com- to Non-Profits
pliance officers from across the industry. The event reinforced
Darden’s position as the leader in research and teaching of Darden and Genworth Financial formed a partnership this
corporate ethics. spring to award Executive Education scholarships for leaders of
In July, we’ll take a team of faculty including Jay Bour- non-profit organizations.
geois, Jeanne Liedtka and S. “Venkat” Venkataraman to Asia With the support of the Genworth Foundation, which is the
for a series of seminars in Singapore, Shanghai and Tokyo. philanthropic arm of the financial security company, the scholar-
The focus will be on strategy and entrepreneurship in the ships represent Genworth’s commitment to non-profit, commu-
Asian context, building on Darden’s research and in partner- nity-based enterprises.
ship with local universities. As in New York, we’ll open the Two scholarships to the Management Development Program
event to all UVA alumni and their business colleagues, to help will be offered this year, in June and October. Genworth and
raise Darden’s profile in these key markets. Darden Executive Education will each provide $8,350 toward
Finally, we’re beginning to put together our course portfo- the $17,200 cost of each program. The scholarship recipient’s
lio for 2008. We’ve successfully launched “Leading Organic organization will be required to contribute $500 as a demon-
Growth,” “The Power of Cross Functional Teams,” and “The stration of commitment to the winning executive’s professional
Mind of the CFO: Becoming a Strategic Leader” in 2007. development. Executive directors and senior level directors with
Next year, we’re looking at an advanced finance offering, a at least eight years of managerial support are eligible to apply if
marketing program on customer value, as well as our first their organizations receive fiscal support from Genworth.
off-grounds programs. Participants in the management Development Program benefit
from a broader understanding of business functions, while im-
David Newkirk proving their decision-making skills, ability to think strategically,
CEO, Executive Education and effectiveness as leaders.
434.924.4917 Darden Executive Education delivers more than 35 open-en-
NewKirkD@Darden.Virginia.edu rollment programs of business education each year and is consis-
tently ranked among the finest programs in the world.
Contact Executive Education via email at Darden_Exed@
darden.virginia.edu or by calling (877) 833-3974 (U.S. &
Canada); (434) 924-3000 (Worldwide).

www.darden.virginia.edu • 15
The Campaign for Darden: echelon of more than 500 graduate
business school programs nationally.
Today, Darden is at an inflection point

A Progress Report in history when it cannot stand still.


To stay at the forefront in the prepa-
ration of leaders, strategic change
grounded in a proven mission is the
only course of action. Generous gifts
to the Campaign for Darden will
transform Darden as we look ahead
ambitiously to the School’s Centennial.
Goals that form the foundation for
the Campaign were drafted by Dean
Robert Bruner and approved by the
Darden Foundation Board of Trustees
months before the official announce-
ment in September. The 10-year plan
details initiatives to strengthen the
Darden enterprise in every respect
by prescribing substantial new in-
vestments in students, faculty, and
programs. Bob Bruner’s plan, simply
titled The Case for the Future of the
Dean Bruner presents a case review for Baltimore alumni on March 9, 2007.
Darden School of Business, reflects the
ambition, determination, and uncom-
promising standards of our faculty and
By Jay Gundy, alumni.
Case Review Meeting Sites to date: Vice President of Development Five central topics in the case state-
Washington DC, November 29, 2006 The Darden School Board of Trustees ment emanate from a central theme:
Metropolitan Club, G. in September announced the Cam- The Darden School of Business,
David Cheek (MBA ’79), host paign for Darden, a $150 million fund including our alumni, must play com-
Richmond, VA, November 30, 2006 raising effort to secure new resources manding roles in the modern, global
Jefferson Hotel, supporting outstanding students, business stage by elevating the practice
Frank Genovese (MBA ’74), host dynamic teachers, and visionary pro- of management and advancing the
grams. The Campaign for Darden is discovery and dissemination of best
New York, NY, January 10, 2007
an essential component of The Cam- practices. Case topics include:
Yale Club,
paign for The University of Virginia,
John Strangfeld (MBA ’77), host • The Global Business Stage
seeking a total of $3 billion which
New York, NY, February 27, 2007 will close on December 31, 2011. • A Vision for Darden
Yale Club, Generous Campaign commitments • The Motivation for Advancement
Dick Dahling (MBA ’87), host to Darden now total $44 million, for
• Initiatives to Achieve the Vision:
Baltimore, MD, March 9, 2007 which the Darden School community
Recruit the Best Faculty; Attract
Offices of Richard Berkeley (MBA ’80), host is deeply grateful. The goals presented
Talented Students; and Embrace
in the Campaign for Darden will ad-
Boston, MA, May 8, 2007 vance the School’s mission for prepar-
Self-Sufficiency
Davio’s Restaurant, ing leaders, strengthen its brand, and • The Campaign for Darden
Bill Huyett (MBA ’87), host expand its influence in the global busi- Last fall, as Bob Bruner began his
St. Louis, MO, June 5, 2007 ness community. Follow the progress 25th year at Darden and second full
The Lindell Pavilion, Forest Park, of the campaign and read The Case year as dean, he wanted very much to
Mike DeCola, (MBA ’77), host for the Future of the Darden School of discuss his vision with those who care
Minneapolis, MN, June 6, 2007 Business at www.darden.virginia.edu. deeply about the School and its fu-
Cargill, CFO William Veazey and ture—Darden alumni. Notably, more
Cargill-Darden Alumni, hosts The Campaign for Darden: than 70 percent of Darden graduates
Making the Case for the Future attended during Dean Bruner’s tenure,
Westchester/Fairfield Counties, NY, June 13, 2007
The University of Virginia 50 years and he has close friendships with
Apawamis Club,
ago was invisible in the preparation hundreds more whose experiences date
Henry Skelsey (MBA ’84), host
of MBA-level executives. Today, back to the school’s first graduating
the Darden School is in the highest class. Further, through the years Bob

16 • DARDEN Spring 2007


Bruner has worked closely with teach- business partnerships, how well does • Since virtually all of Darden’s $300
ing colleagues, some of whom served Darden compete with other business million endowment is restricted, is
on the founding faculty. Drawing on schools? it right to conclude new initiatives
his close relationships with so many absolutely require new resources?
Building a research engine:
Darden people, we launched a series of • With so much competition from
small group discussions called “case re- • With more than $60 million in
other philanthropic organizations,
view meetings” where Bob and Darden endowment dedicated to research,
how does Darden make a compelling
alumni explore in-depth plans for the why are we still at the bottom of the
case for support?
school’s future. To date, more than 130 research heap?
Darden’s strategic priorities
alumni have met with the Dean in nine • With research and classroom teach-
described in The Case for the Future
sessions hosted by alumni (see Case ing as high priorities, are there con-
of the Darden School of Business are
Review Meeting Sites). flicts in our objectives?
transformational ideas: leveraging
Intentionally small in size, the 90- • Is the research element a magnet for the existing faculty and attracting top
minute case review discussions typically recruiting new faculty? talent. As they should, these priorities
include 10-15 Darden alumni so that challenge assumptions, reflect new
Teaching:
everyone may participate actively. thinking, and shape an ambitious
Alumni serve as hosts for the lunchtime • Isn’t teaching excellence our major
vision for the future of the school.
or late afternoon sessions. The Case “hook”?
Bob Bruner will continue to lead case
for the Future of the Darden School • Is there some way we can demon-
discussions for another 12 months in
of Business is sent by e-mail to each strate our “leadership” in preparing
cities across the country and abroad
participant in advance with an assign- leaders?
(see Anticipated Future Case Review
ment from the dean: please read and • To what extent has Darden looked to Meeting Sites). Clearly, Darden
be prepared to discuss the case for the alumni for teaching—taking on some graduates have an important role to
future of Darden. Dean Bruner begins of the burden? play in the process. If asked, attend
each discussion by summarizing the a case review discussion. Or, if you
school’s progress over the last two years Competition:
wish to be included in a discussion in
and highlighting his “top of mind” pri- • Why do rankings seem so important?
your home area, please contact Jay
orities looking ahead. Next, he works • Aren’t scholarships absolutely criti- Gundy, Vice President of Development
through the case with the assembled cal when competing for the very best at gundyj@darden.virginia.edu or call
group, exploring initiatives and testing students? 434-924-4874.
plans. Quickly, the presentation turns • What inhibits Darden’s recruitment
into a lively forum shaped by thought- of female and minority students?
ful, probing questions. Recognizing that Anticipated Future Case Review Meeting Sites:
questions often reveal areas of special Darden’s relevance:
Atlanta
interest and priorities, and the ensuing • Are the case method and general man-
agement part of our brand message? Charlotte
discussion promotes more questions
Charlottesville
as the Dean and others “drill down” • When thinking about the placement
Charleston
into issues. The case statement is a of graduates in key New York com-
Chicago
working document that is reviewed and panies today as compared to 10 or
edited as themes from every discussion 15 years ago, is Darden still relevant? Dallas
influence its content in some way. Not Denver
• Should we promote more of Darden’s
surprisingly, important themes recurred Houston
practicalism, a characteristic that is
in many discussions such as the global London
so deeply engrained in our teaching
initiative, research, teaching, competi- methods? Los Angeles
tion, program relevance, resources, New York
school leadership, and the Campaign. School leadership: Norfolk/Virginia Beach
Consider a few questions raised by • Knowing that leadership changes can Northern New Jersey
alumni about each of these topics: hinder the development of an orga- Northern Virginia
nization, are you (referring to Dean Palo Alto
Darden’s global ambitions:
Bruner) going to be there for ten Philadelphia
• If you were to expand globally, years? Pittsburgh
would you brand Darden or The Uni-
• How do business school Deans deal Richmond
versity of Virginia?
with economic cycles when running San Diego
• Have you had a pushback on the their schools? San Francisco
idea that by opening a Darden center
Darden’s Resources Seattle
in China we would be educating
Wilmington
America’s competitors? • How does Darden’s endowment com-
And other cities to be determined
• In reference to building international pare to those of our peer schools?

www.darden.virginia.edu • 17
Perfect Circle:
Darden Program Helps Alumnae Reclaim Career Path
M
ore than a third of Darden women are not working full-time. For many
alumnae, that’s by design at this point in their lives. Another 18 per-
cent are not working at all. And one in two have taken off from work
for at least six months at some point during their lives. But a recent survey
conducted by Darden’s Alumni Career Services (ACS) revealed that fully a third
of the women graduates not working full-time want to return to the workforce
someday, either to the careers they put on hold or to pursue new interests.
The survey found that they don’t so much want refresher courses in MBA
skills as practical tools on self-marketing, getting back in the game after a hia-
tus, and learning how to launch a business (see related feature story in
this issue).
Counselors in the school’s ACS office responded. Connie Dato English
(MBA ’91), director of ACS, led the development of a two-day workshop,
“Re-Entering the Workforce” expressly for women who want to make a transi-
tion. It is not so much a course as a guided process of self-assessment for the
women in transition. The idea is for participants to determine what they want,
then develop a plan for getting it.
“We are definitely helping with the transition back to work,” English says.
“We came up with a pragmatic, practical approach. We take everyone through
a self-assessment process. Everyone has to introduce themselves during the
first session in a professional way. They learn how to tell their stories.”
The program is a hit.
“I came in needing direction, motivation and an ‘I can do this!’ attitude and
left with all three!” says Sally Cors (MBA ’90).
Liz Weatherly (MBA ’02) agrees. “I found the course and my classmates to
be excellent resources in starting to get me thinking about what I’m looking
for professionally and personally and how to balance the two,” she says.
Almost two-thirds of Darden alumnae who responded to the survey say

Alumni they plan to change jobs within five years. One in five wants to buy or start her
own company and nearly a third expect to relocate.

Career Services To assist these women, the program is broken into two components
separated by one month. Session 1, “What do I want to do?” covers personal
has been offering career situation analysis, setting priorities, understanding life themes through struc-
tured self assessment. The second session, “How Do I Get What I Want?” asks
counseling and programs participants to consider who might hire them. Practical instruction includes
recognizing what is relevant, learning how to tell your story, including “the
expressly for alumnae for nearly gap” years, creating an effective resume, and accessing the market and net-
working. Participants complete some assignments in advance to get the most
a decade, but only recently has out of each session, which runs 9 a.m. to 2 p.m., while children are typically in
school and participants won’t incur daycare costs for attending.
begun taking programs on English says the workshops in Washington, D.C., Boston and Atlanta have
been well received.
the road. A desire to return to work is seldom about money, she adds. “One of the
common interests is they want to be role models for their daughters,” English
says. “It’s a desire to make a difference in the world. As for why they stepped
out to take time off from working, everyone is different, just as their reasons
for going back differ among individuals.”
The ideal program will have 15 participants and is typically scheduled
during the fall to coincide with kids returning to school. “Timing is important,”

18 • DARDEN Spring 2007


English says. “We realized the summer would probably not be the
best time to offer this.” Around Darden:
“The program is empowering and provides hope and valuable Alumni Career Services
direction to anyone planning to reenter the workforce,” says Vicky
The job market continues to be hot. I was talking with an executive
Harris, a Georgetown lawyer who attended the D.C. program.
recruiter recently who commented how this market is reminiscent
The first group met in fall 2005, consisting of 10 Darden alumnae, of the 1980s – a candidates’ market where employers have to make
a Darden spouse and several alumnae of sister schools affiliated quick decisions and use extraordinary efforts to court desirable
with the Forte Foundation—a consortium of corporations and candidates. According to a recent ExecuNet survey, this candidate
top b-schools that educates and directs talented women toward advantage is evident in increased executive compensation pack-
leadership roles in business. The premiere group continued to meet ages. The strong market is triggering more voluntary job changing
regularly long after the program had concluded, English says. Several activity in the executive ranks. In fact, another recent poll showed
participants have re-entered the workforce and others have plans to that turnover among managers has jumped to 8.8 percent from 4
do so. percent since 2004.
The Darden ACS has been offering career counseling and pro- If you’re looking to take advantage of the strong market or prepare
for the inevitable downturn, you should realize the importance of a
grams expressly for alumnae for nearly a decade, but only recently
professional network. Most employers hire managers and execu-
has begun taking programs on the road. The goal, English says, is to
tives through referrals from trusted colleagues or acquaintances.
bring services to the client and make it as easy as possible to attend.
Even if you’re not looking for a job, it makes sense to build your
The program is offered at cost; Darden makes web of professional relationships. If you reach out to others, lend
no profit on this continuing education advice, exchange leads or share information with others, you will
service. be in a better position to succeed in business, hire valuable employ-
Programs in San Francisco ees or, when the need arises, find a new job yourself.
“To sit down with and Richmond are being Your Darden connection can be a huge asset in your networking
activity. Here are some of the resources available through your
a woman and help her planned. English says
New York already has alma mater:
✦ Use the online Alumni Directory to find people that you’d like
overcome that lack of ample resources for
women who want to to be part of your network. Keep your alumni profile up to date.
Make it easy for others to find you. The University of Virginia
professional confidence return to work, so ACS
staff decided to focus on
Alumni Directory is also available to Darden alumni.
✦ Sign up to be a “Networking Partner” on the Darden Alumni
is a great feeling,” cities and regions where
alumnae don’t have ac-
Web site. This makes it clear that you are willing to interact
with other alumni on career issues. What comes around goes
English says. cess to workforce reentry
programs.
around; build mutually beneficial relationships.
✦ Use the Darden Hot Job Leads board to share leads heard on
“We’re not in this to com- the street. http://wb.darden.virginia.edu/~acs . (The more
pete but to serve our alums,” she thorough job posting board should be used to share official
says. “Many are űber volunteers who have position listings.)
been working philanthropically, but might not know how to lever- ✦ Attend Alumni events and come back for your class reunions.
age that to get back in the workforce.” ✦ Utilize Alumni Career Services to develop job search objec-
tives, refine your marketing materials, and get ideas about
English knows this terrain first-hand. After graduating from the
potential contacts. Email AlumniCareerServices@darden.
U.S. Merchant Marine Academy, she was a consultant with Booz Allen
virginia.edu or call us to make an appointment. Our counseling
Hamilton. After Darden, she worked for PepsiCo as a strategic busi-
services are free to Darden alumni.
ness planner. Relocating with her husband, Connie then joined J.M. ✦ Keep in touch with your professors. It’s good for them to hear
Huber Corporation in its Wood Products Division as human resource about your work and good for you to hear about their practical
manager. Relocating again and giving birth to her second child, she research.
chose to step out of the workforce and concentrate on family. She ✦ Use the Networking section of the newly revised Alumni
joined Darden ACS in September 2001 and says she finds tremen- Career Services Web site to find additional resources.
dous professional satisfaction in the work. The benefits of your Darden experience did not end at gradu-
“To sit down with a woman and help her overcome that lack of ation. Darden Alumni Career Services stands ready to help you
professional confidence is a great feeling,” English says. “Most of the meet your professional potential.
alumnae we work with just need a little push, a little coaching and
Connie English
cheerleading. I can completely relate with the challenge because I’ve
Co-Director of Alumni Career Services
been there. My message to our alumnae is: you have so much to of-
434.924.3029
fer. You can definitely springboard into a rewarding career.” EnglishC@Darden.Virginia.edu
For more information or to register for an ACS program please
contact: Laura Duggins, ACS associate, (434)924-4876 or Alumni
CareerServices@darden.virginia.edu.

www.darden.virginia.edu • 19
120 Club Entertains Alums
I
n the fall of 1967, a decade into the history of the Darden Darden’s history through the last four decades, as well
School, three young professors joined the faculty. The as personal reminiscences and the occasional anecdote of
school was still located in Monroe Hall on the main mischief. Their premiere road show in March was enthusi-
University Grounds, still an all-male bastion of students astically received by the more than 100 Darden alumni in
hailing mainly from the south. Charlottesville was a sleepy the Washington D.C. chapter who turned out to the Army
little hamlet surrounded by the still-agrarian county of Navy Club to hear their former professors recount days of
Albemarle. UVA football head coach Al Groh had just old, and to share their fondest hopes for the history of the
received his bachelor’s degree from the University. And the school. A similar program during Reunion Weekend in April
trio of professors, John Colley, Alec Horniman, and Bill garnered wild applause for the three faculty. More events
Sihler, settled down to teach; each in his respective area of are planned.
expertise. Colley headed up courses in corporate strategy Here, without revealing all their tales, professors Colley,
and operations. He still does. Horniman led courses in busi- Horniman and Sihler share a favorite anecdote from their
ness ethics, leadership, and managerial psychology, among Darden days. Each also offers a wish for the enduring mis-
others. He still does. Arriving in 1967 from a prior teaching sion of the Darden School.
post at Harvard, Sihler brought with him a comprehensive
knowledge of banking, corporate finance and risk manage- Partying with Professor John Colley
ment. All of them still teach and say they have no plans to
do otherwise. “Among my many wonderful memories of life at Darden are
Between the three, these professors have written literally the Saturday night parties during my early years here that
hundreds of case studies (Colley alone has authored more were open to all students and faculty. Each week, some stu-
than 300). And they have a combined 120 years of service dents would volunteer to host the entire school at their resi-
to the Darden School. dences. Tommie and I were faithful attendees, often bringing
This has earned them the moniker, “The 120 Club.” the “good stuff” from our bar in a paper bag. The students
Together, Colley, Horniman and Sihler have developed and faculty were close to an extent I had
a road show in which they share their recollections of not known in my previous experiences
as a student or faculty member at three
different institutions. In seven years as a
student at other schools, I was never in
“In seven years as a student at a social situation with a member of the
faculty. The experience here was exhila-
other schools, I was never in a rating; creating closeness between the
faculty and our students that persists to
social situation with a member of this day. When we attend a reunion, we
the faculty. The experience here do not see students, we see family.”

was exhilarating.” “My One Great Wish for the Future of Darden”
“I very much hope that the future will be one in which the
—Professor John Colley Darden School has the resources in terms of scholarships
to bring the best and the brightest students into our com-
munity. When it was determined that I would spend my life

20 • DARDEN Spring 2007


training young people for careers in business, I received some “It must have been 1968 or 1969, when I had been here
wonderful advice from my mentor, Professor Thomas Tim- a couple of years at best and was head of the First-Year
mings Holme, a professor at Yale. He advised that I should finance course. The school was still small enough (prob-
never believe that any degree of great teaching effectiveness ably less than 100 in the First-Year class by the spring) that
or curriculum design could make much of a weak student. we could organize a class-wide case-analysis competition.
Rather, he said, I should always attempt to attract the very Student teams presented their recommendations to a group
best students, with the admonition that if I did not confuse of executives, which selected the team that made the best
them too much, they would go out and make me a hero. presentation. The question came up about what a suitable
After 40 years here, I believe that more than ever. I renew my reward might be for the winning team.
faith in that axiom each year as we welcome sets of alumni “I don’t recall who came up with the idea, but I suspect it
returning for our reunions. was (Professor) Fred Sargent.
With this in mind, I hope we can raise the necessary funds Someone suggested we give pints of white lightning to
to provide strategic scholarships to bring here the very best the winning team members. I hope we cleared the idea with
students. We need a mix of full scholarships (Jefferson Fel- Dean Charles C. Abbott (founding dean of the Darden
lowships or others), and large numbers of half- and one-third School), as would have been the custom at the time, and I
scholarships that will insure that our current market-driven thus presume he gave his blessing.
tuition does not keep away the most desirable students. Our “Fred set up the arrangements to get the moonshine. He
competitor top business schools are well aware of the need to sent his wife out to a designated spot to wait for delivery.
attract the best students. They have a head start on Darden She said that she drove there, parked, and after a bit a fel-
in the financing of scholarships, but we have the advantages low with a couple of large dogs on chains appeared to check
her identity. Satisfied, he then went back into the dark and
shortly returned with a container of hooch. Fred then de-
“Student teams presented their canted this into six one-pint bottles.
recommendations to a group of “When we presented them to the winners, we cautioned
that it was about 150 proof and, unless kept tightly capped,
executives, which selected the team would quickly evaporate.
“Reflecting back on this, I’ve often wondered how stupid
that made the best presentation. we were. If the moonshine had any sort of contamination,
we could have had some very sick students and been in a lot
The question came up about what of trouble compared to the minor problems John Colley had
with the football pool.
a suitable reward might be for the ”I began to feel a little better recently, when, at Fred
Sargent’s memorial service, it came out that he was an afi-
winning team.” cionado of white lightning and had relationships with the
bootleggers in the area, from whom he bought for his own
—Professor Bill Sihler consumption. It also came out that Fred had a strong rela-
tionship with then-Sheriff, George Bailey. It seems that in
the fall Fred would make the rounds to replenish his cellar.
of location, our great University, unparalleled facilities, the If it looked like one of his suppliers had expanded his busi-
best teaching faculty in the world, our integrated First Year ness, Fred would pass the word to the Sheriff. Sheriff Bailey
curriculum, and our clear mission to prepare students for apparently didn’t think it worth while to
leadership positions in the world of practical affairs. chase after small operators producing for
As always when challenged, my wish is that the Darden themselves, friends, and family. But, he
family will rally to provide the resources to attract the best didn’t want to allow anyone to get into
students. The race will go to the swiftest. In the current en- commercial-level production. “When
vironment of very high tuition, the successful school in the I learned all this, I became a little less
long run will be the one that can offer the best students the concerned about what might have gone
financial aid that will neutralize the rapidly increasing tuition wrong.”
and minimize the debt that students carry with them when
they leave. I believe that if we can mitigate the high costs, the Sihler Contemplates the Future
other advantages we enjoy will carry Darden to the top in “I think Dean Bruner’s concept of Darden
the world of graduate business education.” as a high-end boutique institution of
education for practical affairs expresses
my own hopes for Darden, although I am not sure that the
Shinin’ with Professor Bill Sihler founders were as much concerned with high-end as with the
“Once upon a time, when we were all young and foolish, practical-affairs component,” Sihler observes.
we did something which in retrospect was unwise and “Dean Abbott often mused that the graduates who had
which I am sure we would not do today. made the School’s reputation in the business world might

www.darden.virginia.edu • 21
not even qualify for admission, which he found troubling. Abbott was at the door. He came into our class and looked
Nevertheless, it seems to me that if Darden can find the at me and said, ‘Mr. Horniman, what is going on?’ And I
financial resources to make sure that the best qualified said, “Well, Dean Abbott, you see, there was this eagle …’
students can come, Darden should be able to maintain its and I could see Charlie’s eyes starting to glaze over….”
position and enhance the worth and value of the degrees past
graduates hold.” Horniman’s Hope for the Future
“The Darden way, based on the student understand-
Probing the Azaleas with Professor Horniman ing and discussing a case in study group, a learning team,
then presenting their discoveries in class to their classmates
Alec Horniman’s expertise includes business ethics, manage-
to influence them is a critical learning experience for how
rial psychology, and motivating others for enhanced perfor-
managers manage,” he said. “That’s what Darden has been
mance. He is also renowned for an ability to help students
about, is about, and must be going forward. No other school
think differently.
I am aware of is as devoted to that process. How people
Once upon a time he was deploying these skills in an exercise
learn to communicate, written and spoken, is vital. Business
with his students in Classroom 8 of Monroe Hall. He tasked is about people and relationships. How do we communicate,
his students with developing a skit to demonstrate motiva- motivate and inspire? I say to a student, if that’s not interest-
tion. As an aside, while sitting in his office on a warm, spring ing, then why don’t you go to Wharton and take accounting?
afternoon in late April 2007, Horniman recalled that his old We teach the application of skill sets, like accounting. But we
first-floor classroom overlooked a stunningly beautiful gar- need to be sure we concentrate on the process of learning.
den of azaleas. It’s not about our teaching, because if we’re not careful, our
So the skit began. One student hopped onto a table and, teaching can trump their learning.”
crouching low, declared he was an eagle. Horniman said academia mirrors the broader society in at
Another student approached the “eagle” and directed him least one area that concerns him.
to take some sort of action. The student told the eagle, “Do “We’re becoming increasingly impatient with circum-
this or I’ll kill you!” Horniman recalled. stance; we want to get going,” he said. As that relates to
The eagle refused to budge. teaching students in b-school, Horniman says students and
A second student came up to the eagle and got a little fur- their professors need to be certain that business literacy does
ther with a bit of charm, but still the “bird” remained firmly not overtake business competency. Facts and information are
on his perch. meaningless without the ability to deploy them, he observed.
Horniman said a third student walked over to the bird on “You’ve got to take ideas and know what to do with
the table and said encouragingly, “Eagle, it’s all about soar- them,” Horniman said. “We have access to more information
ing.” at greater speed, but you cannot assimilate that without time.
And with that, the eagle-student dove headfirst through the Everyone wants to get going somewhere, but we’re not sure
open window of Classroom 8 and landed in the azaleas, where that is.”
Horniman said. This stunt coincided with founding Dean For Horniman, the where turned out to be here, at Darden.
Charles C. Abbott’s afternoon walk around Monroe Hall, “I came here 40 years ago really believing I might stay a
which was Darden’s first home. Abbott was strolling by couple of years and move on,” he said. “I never intended to
Horniman’s classroom when the airborne student sailed be a professor. I’ve stayed at Darden because of the students
through the window into the bushes. I teach. My experiences with my students mean everything.
“Well,” Horniman said, “it didn’t take long before Dean That has made it fun, made it interesting.”

“I never intended to be a professor.


I’ve stayed at Darden because of the
students I teach. ...That has made it
fun, made it interesting.”
—Professor Alec Horniman

22 • DARDEN Spring 2007


Alums Hatch OpenQ with Aid of Darden Incubator
A stint in the Darden Business Incubator technology serving the pharmaceutical, They got by on angel investments and
enabled two alumni entrepreneurs to get financial services and retail industries. have not had to raise any venture capital.
their software concept off the ground Zuffoletti had business development ex- They also tapped into the Darden net-
and into the hands of customers. perience from his days with GE and had work for business advice and investors.
Based in Charlottesville, OpenQ is later founded FreeMarkets, a pioneering “Darden connected me with the CEO
a data-mining software company that e-business company. While students, of Amgen and also (Medtronic President)
helps pharmaceutical companies maxi- they decided they had a niche oppor- Bill Hawkins (MBA ’82),” Zuffoletti said.
mize their marketing efforts to hospital tunity “with a great customer base that Zuffoletti and his business partner met
administrators and physicians. Increas- traditionally has money and is willing to with Ian Ratcliffe and Tim Gatzulis (both
ingly, doctors turn to scientific discussion invest in new technology,” Zuffoletti said. MBA ’94), who work in the biotech and
and the words of Key Opinion Leaders, The entrepreneurs also decided they had medical analytics industries. “They ended
typically fellow physicians, in making maybe 18 months to develop the soft- up being advisors to us and Tim became
an investor in the company,” Zuffoletti
said. “We ended up hiring two other
Darden grads’ as well: Michael Broad
(MBA ’04) and Brian Gosta (MBA ’06).”
If they hit their targets with OpenQ
as forecast, Zuffoletti said next year they
will either diversify or sell to another
company—2009 at the latest. Their next
move will either be to launch another
company together, although Zuffoletti
said he is also mulling the Darden PhD
program, saying his favorite subjects at
Darden remain ethics, entrepreneurship
From left: Jim Zuffoletti (MBA ‘05), Philippe Sommer, director of entrepreneurship programs for and strategy.
the Batten Institute and Octavio Freire (MBA ‘05). Learn more about OpenQ by visiting
www.openq.com.
prescription decisions for their patients. ware before a market for their idea had The Darden Incubator is open to
Dwindling are the days when prescrip- already developed. anyone within the UVA community with
tion-drug salespeople would call on a What they didn’t have was an office or an entrepreneurial idea that wins one of
doctor’s office and deliver a pitch. a lot of money. So they entered the Uni- the annual competitions held at Darden.
OpenQ founders Jim Zuffoletti and versity of Virginia’s annual business plan Once in the Incubator, each business is
Octavio Freire (both MBA ’05), developed competition. And they won first place. led by Darden students—whether as
software platforms to capture information The award came with a prize including principals or as development managers
about Key Opinion Leaders and integrate one year of support from the business —through a series of increasingly de-
that data with the marketing process incubator, plus some funding to get manding criteria, or “gates,” to the point
unique to individual pharmaceutical com- started. of start-up or abandonment. The Incuba-
panies. The result allows drug, biotech “The incubator helped us in profound tor draws on faculty resources and out-
and medical-device companies to mount ways,” Zuffoletti said. “We got paid for the side experts for business advice. Philippe
more efficient, cost-effective marketing summer and received a little seed money Sommer, director of entrepreneurship
programs while meeting government to get going. But the big benefit was the programs, oversees the incubator. He can
compliance standards for these efforts. incubator provided us with infrastruc- be reached at 434.243.2283 or
Zuffoletti and Freire met during ture. We ran the company for almost two SommerP@Darden.Virginia.edu.
their First Year at Darden, where Freire years with no overhead. The first year
confided he had hit upon a “great idea” after b-school we were profitable. We
for a software company. Freire already took a conservative, Darden-inspired ac-
had experience in internet applications, counting approach. And we’re looking at
internet commerce, and information a good year for ’07.”

www.darden.virginia.edu • 23
Living the Dream…
Darden Faculty Share Secrets of
Entrepreneurial Success

T
he idea to start a business might germinate from Professor Saras Sarasvathy, Visiting
unexpectedly fertile ground. There’s the appeal of Professor Frank Genovese (MBA
being your own boss, of course, since self-employ- ’74) and Philippe Sommer, Direc-
ment almost by definition means empowerment. But tor of Entrepreneurship Programs
transforming the notion into action may require a little push. for the Batten Institute, formed the
Perhaps all it takes is a caustic remark from a senior executive teaching team. Each point on the
on a particularly hectic Monday, or a sudden awakening that triangle taught a distinct segment of
your career trajectory has lost its arc—and maybe even most the course. Sarasvathy talked about
of its spark. The thrill is gone, as B.B. King intones. Often, it’s the psychology of the self-employed
the discovery of a great but as-yet unexplored opportunity in and shared ways to cultivate the
the marketplace, and all that’s needed to bring this epiphany mindset of an entrepreneur, while
into the light is the pragmatic knowledge of how to get Sommer discussed financing issues, including the art of rais-
started. ing venture capital and telling a compelling story in order
A daring new venture might sate that vague craving for a to do so. Genovese drew on his own expertise in business
challenge, while self-employment, though fraught with respon- acquisitions and turnarounds, suggesting that an entrepre-
sibility and risk, is cited by some as one of the great satisfac- neur who doesn’t want to build a company from the ground
tions a businessperson can savor over the course of a working up can always buy an established venture as an alternative.
life. Then there is the large body of research that shows They promoted different ways of thinking and different
entrepreneurs share virtually all of the traits of maverick lead- ways of looking at the world of business, backed up by solid
ers—people who think differently and achieve great things as a research and
consequence—so there is little wonder that a middle manager experience.
with the heart of an entrepreneur would feel frustrated. The myth about entrepreneurs is that they exclusively
Whatever the personal reason for launching a company, it want to make money. Well, yes, entrepreneurs start out with
is without doubt the #1 topic that Darden alumni eight to 15 the idea of making money. But most quickly face the fact
years post-graduation want to talk about when they contact that making money is just one necessary condition—not
the school’s Alumni Career Services. A consistent theme is the even the most vital condition—for successful entrepreneur-
desire to learn the process and pitfalls of entrepreneurship, ship. At least for the short term, an entrepreneur must
while discovering what assistance Darden can provide. In cultivate and cherish more immediate reasons for getting up
response, Darden’s Executive Education professionals teamed in the morning and facing the daily tasks of running a new
up with Alumni Relations to develop a how-to workshop on venture.
the entrepreneurial spirit. This is part of Darden’s Lifelong To understand how they do this, it is important to under-
Learning Initiative—to provide quality, ongoing professional stand how successful entrepreneurs think about the world
instruction and training to alumni at every phase of their and their place in it.
careers. They also drew upon the expertise of the Darden Busi-
ness Incubator, which falls under the umbrella of the Batten What makes an entrepreneur entrepreneurial?
Institute—renowned for thought leadership in entrepreneurial
“In 1997, I set out on a rather perilous but exhilarating
pursuits and innovation. journey to investigate this question,” Sarasvathy says. Her
goal was to explore the psychology of the entrepreneurial
So You Want to be an Entrepreneur…Now What? mind and determine what differentiates this thinker from
This was the title of the premiere seminar on launching a busi- other business leaders.
ness. Naturally, the program included case studies, interactive “Traveling across 17 states in the US over several months,
lectures and expert faculty—all in keeping with the Darden I met with 30 founders of companies ranging in size from
Experience. The February workshop conducted in New York $200M to $6.5B and spanning a variety of industries from
City was a hit. steel and railroad to teddy bears and semiconductors and

www.darden.virginia.edu • 25
The myth about entrepreneurs is that they exclusively
want to make money.

bio-tech. The idea behind the study was not merely to in- and they are aided by whom they know—their social and
terview these founders, but to get behind their stories and professional networks.
understand how they reason about specific problems in trans- Sarasvathy also discovered three common characteristics
forming an idea into an enduring firm.” behind the effectual reasoning of a true entrepreneur. First is
Her research led to the conclusion that a distinct form of the “affordable loss principle.” To evaluate affordable loss,
rationality exists in the minds of entrepreneurs. She calls this “all we need to know is our current financial condition and
“effectual reasoning.” a psychological estimate of our commitment in terms of the
In most MBA programs, students are taught causal or worst case scenario,” she said. This is a way to nullify the
predictive reasoning—in every functional area of business, role of uncertainty in early-stage funding decisions. As they
Sarasvathy notes. Causal reasoning starts with a pre- progress, entrepreneurs do not tie themselves to any theorized
determined goal and a specific set of means for achieving the or pre-conceived “market” or strategic universe for their idea.
goal. And so the business student conditioned by causal rea- They choose to be open to surprises—as to which markets
soning learns to identify the fastest, cheapest, most efficient they will eventually end up building their business in or even
methods of achieving a goal. The make-vs.-buy decision in which new markets they will create.
production, or choosing the target market with the highest The second characteristic is the “strategic partnerships
potential return in marketing, or picking a portfolio with the principle.” Sarasvathy’s research showed that successful entre-
lowest risk in finance, or even hiring the best person for the preneurs focus on building partnerships rather than on doing
job in human resources—all of these are problems involving a systematic competitive analysis. Since entrepreneurs tend to
causal reasoning. start a process without assuming the existence of a market for
But effectual reasoning, the intellectual hallmark of an their idea, detailed competitive analyses do not seem to make
entrepreneur, does not focus on a specific goal. Instead, it be- any sense to them at the startup phase, she said. Obtaining
gins with a set of means and allows goals to emerge over time pre-commitments from key stakeholders also helps reduce
from the varied imaginations and aspirations of the company uncertainty in the early stages of creating an enterprise, she
founders and the people they do business with. said, while reducing the amount of capital needed to launch a
Sarasvathy offered the example of Genghis Kahn as a venture. Equally important, though perhaps not quantifiable,
causal thinker. He conquered two-thirds of the known world enduring human relationships in business tend to outlive fail-
800 years ago, with advance knowledge of the terrain and the ures, and create successes over time. This dovetails nicely with
riches awaiting, and so he went after them. Effectual think- the principle of affordable loss, which is all about evaluating
ers, on the other hand, are like explorers setting out across a financial situation against the individual’s tolerance for the
uncharted waters. Christopher Columbus exemplified this worst that could possibly happen, Sarasvathy said.
trait. Effectual reasoning is inherently creative and involves The third characteristic is the “leveraging contingencies
imagination, spontaneity, risk-taking, and salesmanship, as principle,” the very heart of entrepreneurial expertise. It is the
King Ferdinand and Queen Isabella of Spain would discover ability to turn the unexpected into the profitable. “I always
in their dealings with Columbus. live by the motto of Ready-fire-aim,” one of the professor’s
It turns out that entrepreneurs survey the business land- study subjects said. “I think if you spend too much time doing
scape from a perspective almost completely opposite the indi- ready-aim-aim-aim-aim, you’re never gonna see all the good
vidual trained by most business schools. Managers are taught things that would happen if you actually start doing it and
to analyze the market and choose target segments with the then aim. And find out where your target is.”
highest potential return, Sarasvathy said, while entrepreneurs Entrepreneurs realize that not all surprises are bad and
tend to find ways to reach the market with minimum expen- that surprises—good or bad—can be used to shape their
diture of resources—time, effort, and money. venture-creation process. Again, this approach is the oppo-
The causal reasoning instilled in most managers is based site of most managers who are trained to avoid surprises as
on the logic, “To the extent that we can predict the future, much as possible.
we can control it.” And so many academics and business- Sarasvathy noted that successful entrepreneurs also
people busy themselves on developing predictive models. employ people of a similar mindset. “The ‘right’ people
Effectual reasoning is based on the logic, “To the extent that need emotional ownership in the goals and objectives of the
we can control the future, we do not need to predict it.” As endeavor and can only be incentivized by the belief that the
Sarasvathy says, the entrepreneurial mindset does not de- effects they create will embody their deepest passions and
pend on, believe in, or even really care about predicting the aspirations while enabling them to achieve their best poten-
future. Instead, entrepreneurs believe the tial,” she observed. But entrepreneurs, she found, also realize
future is created through the very strate- they have no time to wait for the right people, so they nur-
gies of the players. ture and grow them from within the enterprise over time.
All successful entrepreneurs, she said, Ultimately, entrepreneurs approach their work in the
start out with three broad categories of belief that the future is unwritten and can be substantially
means at their disposal: they know who shaped by human action. They realize that to the extent hu-
they are (their unique traits, tastes and man action can control the future, there is no need expending
abilities); they understand their educa- energy trying to predict it. As she said, “In fact, to the extent
tion, training, expertise, and experience; that the future is shaped by human action, it is not much use

26 • DARDEN Spring 2007


trying to predict it—it is much more useful to understand early-stage med-tech companies.
and work with the people who are engaged in the decisions He was a founding partner of
and actions that bring it into existence.” WestMed Venture Funds, life sci-
ence dedicated venture funds af-
Tell the story, raise the capital filiated with CIBC/Oppenheimer,
Inc., and was director of business
Raising venture capital is the art of the sale, but the pitch development at Pfizer in the medi-
obviously must revolve around a concept an investor feels is cal products group.
worth buying. Venture capitalists are looking for a 3-5 year “If you really believe something is worth funding to the
commitment tied to an exit event, with a return on invest- point you put your money into it, but maybe you don’t have
ment. Entrepreneurs who are successful at raising money enough capital, then you can go out and sell it,” he said.
from a venture capital fund invariably have a story with “Some people love the thrill of the sale; others are maybe
high-growth potential to tell their would-be investors. Bio- embarrassed and uncomfortable about raising money. The
technology, software ideas and other concepts built around way I get my head around it is if I really believe in it, that
intellectual property are solid candidates for VC, but inves- comes across and that gets people interested in investing.”
tors want some tangible proof of potential before they will The savvy entrepreneur takes time to understand an
typically cut a check. If the entrepreneur’s company is truly investor’s view of the proposal. Investors will always have
in its infancy, with no proven product or service, the founder a target return on investment and a timeframe firmly in
may have to resort to bootstrapping, or self-financing, to get mind, and they will determine at what level of valuation they
the company far enough along that venture capitalists might would willingly invest “X” amount of money to hit that tar-
then be willing to listen. get. They also know that when it’s time to exit, the multiples
The risk-reward of bootstrapping is essentially the poten- are almost always higher by going public, rather than selling
tial for total loss of personal capital, versus the benefits of to another company or private-equity firm. These consid-
greater control over a growing enterprise. The most common erations must be addressed in the entrepreneur’s story and
form of bootstrapping is the use of credit cards to fund a business plan, whether at the seed-money stage or mezzanine
new, smaller venture. Michael Dell founded his Dell Comput- financing.
ers empire this way. Brave souls might also extract equity As Sommer said, too often entrepreneurs are great at tell-
from their homes to fund a new business, dip into their ing the story of the business, but fail to tell the story of the
savings, or go hat-in-hand seeking capital from the Triple-F money: why an investor should invest and how the entrepre-
fund, known colloquially as “Friends, Family and Fools.” neur proposes to give it back—and then some.
Government grants and bank loans may also provide Above all, the entrepreneur carries the entire burden of re-
options. ducing uncertainty in the mind of the investor. This is where
Well-connected entrepreneurs may pursue angel investors forging relationships can pay off handsomely—in successful
who perhaps know the entrepreneur personally, or are suf- funding of the venture. There is truth to the old saying that
ficiently interested in a line of business that they will take a people feel most comfortable doing business with people they
hands-on approach to guidance and management in addition know, with whom they have established a rapport. Network-
to making an investment. Angel investors are also generally ing is vital, both with other alumni and their extended con-
known for greater patience in receiving a return on invest- nections.
ment. However, a 2004 study of seed and early-stage invest- Ultimately, a venture capitalist will be swayed more by
ing shows that angel investors represent a mere fraction of management’s track record and credibility, unless the busi-
total investors in start-up ventures. By far, private individuals ness carries the potential to disrupt or dominate a specific
represent the largest group of investors and more than half
market.
of them are related to the entrepreneur, according to a recent
Global Entrepreneurship Monitor report.
Wherever the funding may come from, eventually the Don’t want to start a company? Buy one
entrepreneur is going to have to pitch the company story Visiting Professor Frank Genovese has built his fortune on
and offer a convincing reason to invest in the venture, said acquiring and selling companies. He has been directly
Philippe Sommer, who directs the business incubator pro- involved in three profitable turnarounds and through his
gram at Darden. Each year Sommer guides and mentors career has owned nine companies. Genovese teaches a course
fledgling entrepreneurs with promising new business ideas in in acquisitions of closely held enterprises at Darden.
an effort to help them get off the launch pad. The incubator He is blunt in his assessment of new ventures, citing a
provides financial support, work space, and expert advice. sobering stat: 9 out of 10 start-ups fail. So he advocates buy-
Success stories emerging from the incubator are many and ing an existing business, creating additional value, selling the
varied (Read the story of OpenQ, founded by two Darden enterprise and moving on to the next opportunity.
alumni, in this issue). “I’d rather buy,” he said. “When you acquire a company,
Sommer has extensive experience in business start-ups. there’s a set of assets that produce revenue and profit. And if
Before joining Batten, he was president and founder of something happens, there’s still an organization.”
Alsacia & Sommer, consulting on strategy and funding for But you must know who you are—what you are capable

www.darden.virginia.edu • 27
A Bird-in-the-Hand
Too many people, Genovese said, enjoy the Darden Professor Saras Sarasvathy
has studied entrepreneurs extensively.
idea of owning a company without having a From her findings she developed the
Bird-in-Hand principle—a set of tools
full knowledge of why they bought it. to help novice entrepreneurs evaluate
themselves and their ideas to create
the edge for success. The principle is
built around three fundamental ques-
of doing and why you want to do it, Genovese cautions. tions: Who am I? What do I know? Who
“This requires real introspection,” he says. “You’ve got to do I know?
ask yourself: do you have the skills, why do you want to Sticking very closely to the answers to these questions helps
do it, what kind of business is it and do you have to run it
the entrepreneur decide not only what to do, but what not to do.
yourself?”
Identifying the right company to buy, determining “The problem with most novice entrepreneurs is not that they
valuation, analyzing risk and devising an exit strategy do not have great new ideas for ventures, it is that they have too
well before you’re ready to sell—these are the key factors, many,” she observed. “They see opportunities everywhere and
Genovese said. Discounted cash flows are a common valu- feel tempted to expand product lines too soon or jump into too
ation method for smaller companies, although the mul- many new market segments all at once. Especially if they have
tiples valuation method—using ratios from comparable some initial success, it is easy to feel prescient (they might believe
companies may be preferred for larger operations. Capital they can clearly predict the future) as well as omnipotent (believ-
asset pricing formulas will help establish reward-to-risk ing they can achieve the improbable).”
ratios. As for risk analysis, recalling First Year coursework The bird-in-hand principle does two things: It tells you that
at Darden, the key factors to consider would include you need not wait for the blockbuster idea or the multibillion dol-
unexpected competition, intellectual property issues, miss-
lar opportunity to come your way. You can begin with a simple
ing sales forecasts and unforeseen development expenses.
Some of the risk can be mitigated—or at least anticipated problem for which you see an implementable solution—or even
—by taking the time to understand the target company something that you simply believe would be fun to attempt—
and what it does before it is acquired. In two words: due and go for it.
diligence. Second, it tells you not to run after all kinds of imagined
And that leads to the most important issue, Genovese “fantastic” opportunities that require you to chase money you do
says: coming to terms with why you want to buy a par- not have, work with people you’re not sure you like, or deal with
ticular business. Having a passion for it also helps deter- technologies and markets about which you know little and so
mine the difference between making a living and making have to run after breathlessly to keep up with them.
a profit on the value you create with a company prior to “In other words, when you use the bird-in-hand principle, start-
your eventual sale and exit. Too many people, Genovese ing a new venture is no longer an incredibly risky act of heroism,”
said, enjoy the idea of owning their own company without
Sarasvathy observed. “It is something you can do within the con-
having a full understanding of why they bought it. And
lacking that, it may be extremely difficult to know what straints and possibilities of your normal life. You can start a new
to do with the business once it is acquired—and then of venture anytime you want. You can get started now.”
course it’s too late.
“I didn’t buy my first business until I was 31,” he said.
That was Sampson Paint, which he purchased from the Making a turnaround work to advantage is all about under-
daughters of the founder and soon remade into a greatly standing size constraints—being realistic about what is possible
expanded business with retail stores across two states. with an existing enterprise—and having a solid plan for exiting
Genovese had been a consultant to the company while the business when it’s time to sell, Genovese said.
he worked for Coopers & Lybrand. Sampson Paint later He smiles slightly when mulling the business owner who
named Genovese president in 1980 and he bought the wants to learn everything, fast, flip the property and dash on to
Richmond-based company outright a year later. He had the next project. He says, simply, “It takes 20 years to gain 20
a vision for Sampson, saw the upside potential then dor- years of experience.”
mant in the business and devised a four-year plan for his During a visit to Darden in late spring Genovese said condi-
exit strategy. Genovese renamed the company Sampson tions are right to sell a company. Earnings are strong; interest
Coatings, and began to focus on untapped markets such as rates are still relatively low, he said, “so people buying them
for architectural paint. He stressed customer service, and can borrow money fairly cheap.”
brought financial discipline to bear on the business. Sig-
nificantly, he is credited with creating much of the market-
ing buzz that elevated Sampson from a regional company Resources:
based in Richmond to a southern paint company—all via Darden Business Publishing maintains an extensive case collection of top-
a distributor network based on loyalty. Genovese said a ics under the heading Entrepreneurship & Innovation, including product
commitment to people is as important as any capital in- development, private equity and venture capital, business plans, strategy
and marketing, managing growth and sustaining innovation. Visit Darden
vestment. He sold Sampson in 1985 to Pennsylvania-based Business Publishing through the main Darden website (click the link in the
Penn Color, then turned his sights to another challenge. upper right-hand corner): www.Darden.Virginia.edu.

28 • DARDEN Spring 2007


Conduct Due Diligence: on your idea and yourself
A myth about entrepreneurs is that they exclusively want to make money. Well, yes, entrepreneurs do start out with the idea of making
money. But most quickly face the fact that making money is just one necessary condition—not even the most vital condition—for suc-
cessful entrepreneurship. Making money is a positive side effect of bringing together and managing resources and people to accom-
plish something realistically doable and worth doing. So in building a robust business organization, an entrepreneur has to want more
than merely to make money. An entrepreneur must cultivate and cherish more immediate reasons for getting up in the morning and
facing the daily tasks of running a new venture. So before the business plan is written, answer these questions:

Is it doable? • How is the need being filled now? • Develop a set of financial forecasts.
Technological feasibility • Who/what is the competition? • State the primary financial assumptions
• Is the technology for your product • Advantages/disadvantages of the prod- for your projections.
already available, or is it still in develop- uct/service • How sensitive are your projections to
ment? • Why your product? (differentiation/ changes in price, technology, competi-
• If the latter, what stage of development uniqueness/proprietary) tion, and your own growth?
is it in and what can go wrong? • Develop best-case and worst-case finan-
• If the former, is anyone else using it to Customer cial scenarios.
develop the same product/service as • Who is your customer? (a typical profile)
you? • Will the customer pay enough? Can you Can I do it?
• If not, why has no one done so yet? charge enough? • What is it going to take? Every idea is dif-
• If so, who are they and how does that • What critical factors will lead you most ferent in terms of exactly what it would
affect your prospects? quickly to your customer base? take to build it into a business, but some
• What kind of entry barriers for the future general negative expectations might
does your technology provide? Market include:
• How long would those entry barriers • How large is the market? • Long and often unpredictable work
last should your idea prove to be a high • What is its structure? hours
potential opportunity? • How fast is it growing? • Setbacks and disappointments along the
• What are your technological risks? List • Where could future competition come way including the possibility of major
reasons why the end user might not from? failures
want to • An arduous and sometimes awkward
• use your technology even though your Economic feasibility learning process with regard to dealing
product/service might be technologi- • Are there any obvious roadblocks from with people—including hiring and firing
cally superior. the government—both local and na- • Negotiating tough contracts
• What other nascent technologies might tional? • Dealing with rejections of various types
become competition in the future— • Is the international situation likely to • Sustaining the best stakeholders
one year from now, five years from now, change? through bad times such as cash
a few decades from now? • What is your exit strategy? crunches
• A realistic understanding of some of the
Market feasibility Timing negative experiences, combined with a
• Do I want to do it? • Are you in the path of a paradigm shift? strong positive motivation is considered
• What turns me on about it? • Are you too far ahead of the times? the essential recipe for long-term suc-
• Why do I want to do it? • What is the shape and duration of the cess in entrepreneurship.
• Is it worth doing? “window” for this opportunity?
• Financial feasibility Why you?
• Can I do it? Is it worth doing? • What special strengths do you bring to
• What will it take to do it? Financial feasibility this enterprise?
• Who else do I need? • What are the initial outlays of funds re- • What are your relevant weaknesses and
quired? how will you overcome or compensate
Market feasibility (product) • What would convince an investor to for them?
• What exactly are you selling? contribute those funds? Do I want to do it?
• Is it a technology looking for a market or • If you personally owned those funds, Does it turn you on?
vice versa? would you invest them in this idea? Why do you want to do this—really?
• How do you define your niche? • How is the financing connected to the What are your exit strategies?
timing issue? (breakeven, burn rate)

DARDEN Spring 2007 • 29


Reunion ‘07
Around Darden: Around Darden:
Career Development Center Alumni Relations
Company Relationships: Breadth, or Depth? Mark your calendars, 2s and 8s for Reunion 2008. April 18–20
Leadership weekend for the alumni board is Sept. 21–22.
At the beginning of the two-year 50th Anniversary Celebration,
I issued the challenge to bring 50 new recruiting companies to Greetings from Darden, where we recently concluded our
Darden before Reunion 2007. Reunion has just concluded (as a celebration of the school’s 50th anniversary with one of the
member of the reunion Class of 1987, I can confidently say it was best-attended Reunions in our history. More than 600 alums, their
a resounding success), and Darden Alumni delivered, again. Since spouses, children and partners turned out for three days of fun,
fall of 2005, we have significantly exceeded our target of 50 new while reconnecting with friends.
companies making offers to Darden students; most of those came Part of my job in Alumni Relations is to collaborate with other
to Grounds to interview. Thank you for leading your companies’ Darden professional staff in the development of meaningful
recruiting efforts. programs and services that help our alumni maintain that con-
This year’s graduating class will head to more than 20 industries nection year ’round. Our goal is to keep Darden relevant for all
in all functions. The largest functions are finance (36 percent), alumni not only during their careers but throughout their lives.
consulting (26 percent), general management (24 percent), and As part of this effort, this spring we distributed a survey to
marketing (10 percent). Our recruiting companies have made all alums, seeking their opinion on virtually every aspect of
more than 400 offers to the Class of 2007, and we are still count- the School—from the curriculum, career services and continu-
ing. A growth economy has triggered hiring in almost all industry ing education, to the ways we communicate with you. I cannot
sectors, and investment banks and management consulting firms overstate the importance of this survey, as your responses will
have increased their talent needs. Darden has a tremendous be used to focus and guide the Darden enterprise well into the
breadth of companies, representing nearly every industry and future.
student interest. We are not satisfied, though: there are still key Our Lifelong Learning initiative began February in New York
gaps in our portfolio and we have plans in place to attract those with a seminar on entrepreneurial skills. Lifelong Learning
companies to our students. continues this summer as Darden Executive Education faculty
But what will happen when the economy softens? And hence and staff head for Asia to deliver a program titled “Innovation vs.
my question: breadth or depth? Acquisition: Determining the Critical Path for Strategic Growth.”
In an economic downturn, I believe it is our depth of corporate This will be offered in Singapore, Shanghai, and Tokyo, preceded
relationships that will sustain our school and meet our recruiting by alumni receptions at each venue. You’ll soon be hearing more
needs. Are we there yet? Probably not, but Dean Bruner and I have about this exciting program.
deep corporate partnerships as one of our key priorities in the You’ll also be interested to learn about the adventures of the
coming year. Darden 120 Club­—professors John Colley, Alec Horniman, and
What does that mean—deep corporate partnerships? Bill Sihler, each of whom arrived at Darden in 1967. Between the
Darden needs partners that are like business alliances. In their three, they bring 120 years of dedicated teaching experience to
book Alliance Competence, Darden Professors Robert Spekman the school, as well as a host of memories. They’ve been taking
and Lynn Isabella cover eight characteristics needed for a suc- their act on the road to share with alumni, most recently in Wash-
cessful alliance: trust, commitment, recognized interdependence, ington, D.C. in March. They also took the stage at Darden during
symmetry, open communication, joint planning, coordination of Reunion. You won’t want to miss this very special opportunity to
work, and cultural compatibility. Darden seeks partnerships that enjoy the living history of the School. In fact, there’s an article
extend beyond just recruiting (acquiring talent) to Executive Edu- about the 120 Club in the issue you now hold in your hands.
cation and sending employees to the MBA for Executives program As the year progresses, we’ll be announcing other new pro-
(developing talent). Our partners are involved in case writing grams and opportunities for alumni to keep the connection alive.
and sponsoring research. Our partners provide scholarships and Whether we meet on Grounds or somewhere down the road,
actively promote business education to their employees. More I look forward to seeing you soon.
than anything we seek partners who are interdependent—we want This late news just in from the class of ’66: Harry Ben-
Darden to be vital to your talent management strategies. ner reports that his second grandchild, Elizabeth Catherine,
Since the Career Development Center is often where your was born recently. Bob Lloyd and his wife Margaret recently
relationship with Darden begins, we want to encourage and assist moved from London (the place where it never rains) to Virginia
you in deepening your relationship. Call me or your client services Beach. Herb Crowder sports a great condominium overlooking
manager to make an appointment with a faculty member or the the Blue Ridge Mountains. We think the punch list has been
dean, and let’s build an alliance relationship. 434-924-7685. completed.

Everette Fortner Michael Woodfolk


Director, Career Development Vice President of Alumni Relations
FortnerE@Darden.Virginia.edu 434-243-8909
WoodfolkM@darden.virginia.edu

32 • DARDEN Spring 2007


Reinemund receives 2007 Abbott Award
Steven S Reinemund (MBA ’78) received the Charles C.
Abbott Award during Reunion Weekend in April. The
annual Abbott Award is the highest honor that the
Darden School Alumni Association can bestow.
The retired CEO and Chairman of PepsiCo, Reine-
mund was recognized for his longstanding dedication to
the Darden School mission of devleoping leaders in the
world of practical affairs.
In the photo, Reinemund, (right), receives the Abbott
Award from Bryan Simms (MBA ’94) chairman of the
alumni board.

Class Notes
’57 Our special guests were Charles Cortez
Abbott, Jr. (Cort) and his wife, Byrd; Elaine
shoulders, with both ends running well down
the front. Before I knew it, we were standing
E. Stuart Quarngesser Ruggieri, former Darden School vice president on the front of the stage, shoulder-to-shoulder
There were a number of “wonderful surprises” for public relations; John Forbes and his wife, across the stage. The audience applauded loud
the School had for our class at our 50th Mary Elizabeth; and Patrice Farley. John gave a and long and then we returned to our seats.
Reunion, April 20-22. It is a challenge for me speech, which—as always - included intriguing I could not feel more proud of our class and
to be able to communicate with proper words, and cutely off-color jokes. privileged to be a member. As I reflected on
expressing on behalf of the Class, our feelings As the event was coming to a close, many, the “wonderful surprise” it became absolutely
of gratitude, emotions, and maybe downright if not all, made positive comments about the clear to me that after the two-year horrendous
awe. table decorations and the delicious dinner. I can burden of the “Darden Experience,” I felt a huge
Friday afternoon at 5:40 p.m., I walked down tell you some of us were absolutely stunned relief and sense of pride and accomplishment
the hill to the Gatehouse and took the elevator by the experience. Days later, after I came back when I learned that I would graduate with my
down to the Pub to check on the preparations to Baltimore, I called Mary Ann to describe class. However, the recognition on the stage
for our deluxe bar and buffet Dinner. I was 15 for me the table decorations and menu. She with my classmates was beyond the graduation.
minutes early, and when the door opened, consulted several of her friends and faxed to I don’t believe I am alone in describing my
I saw the assistant general manager of the me the information that the flowers were long- feelings about being on the stage with my class
Abbott Dining Center and Sponsors Executive stemmed red tulips in tall, glass cylinder vases and the ovation.
Residence, addressing the staff about what tasks that were elegant with the taupe napkins in After this, Bryan Simms, chairman of the
they were expected to perform. Our eyes met tall wine glasses, taupe tablecloths, and golden alumni board, presented the Annual Fund check
and I realized I wasn’t supposed to be there. I chargers (serving plates). The dinner menu to Dean Bruner in the amount of $2,229,919.00.
never left the elevator and pushed the button was beef tenderloin, potatoes, salmon, green Warren Thompson, last year’s recipient of
to close the door and go to the upper level. That beans, preceded by crab salad atop the golden the Abbott Award, presented this year’s Abbot
experience gave me the clue that the events chargers. Dessert was cheesecake with various Award to his former boss, Steve Reinemund.
of the evening were well-organized and I need toppings. The table decorations, the delicious Touch of irony?
not worry. As I walked around to the Executive menu, the excellent servers, including the bar, Dean Bruner looks ahead 50 years to an
Residence Building and down the stairs and out and the Southern Gentlemen were certainly a ever more successful School. He’s increasing the
onto the courtyard of the Pub, I remembered “wonderful surprise”. faculty by 20 percent, creating research centers
seeing from the elevator door into the Pub a Saturday morning the reunion classes and from which the faculty may draw, and creating
beautiful scene of plates and vases, and flowers their spouses and friends and families were a global presence for Darden—all of which will
on every table. invited to the Abbott Center Auditorium for the enhance Darden’s rankings.
At 6 p.m. sharp, my classmates, wives, traditional Dean’s State of the School Speech. It’s a very noble commitment, to work
and guests arrived in the courtyard and while This year it was an extended program because for a goal that continues beyond the average
enjoying their cocktails, the UVA Southern of the 50th Anniversary celebration. deanship of 10 years.
Gentlemen, an a Capella singing group, regaled Ken White, vice president of communication Finally, Professors John Colley, Bill Sihler,
us with three renditions of toe-tapping songs and marketing, welcomed the audience. Our and Alec Horniman held forth with jokes and
arranged to allow four excellent solo vocalists class was seated in the first row with bright seriousness. They had presented their “Road
to sing. orange stoles draped over our necks and Show” to the Baltimore and Washington

www.darden.virginia.edu • 33
Class Notes
Chapters at the Washington, D.C. Army-Navy The school treated us well from the former-vice president of development for the
Club in March. It’s good stuff. In addition to beginning of September 2005 and so very, very Darden Foundation, to see if he would put
these three, Brandt Allen, Bob Landel, and Alan well through to the end of the 50th anniversary them on a DVD for each of our classmates.
Beckenstein are the last professors hired by celebrations. We returned at 100 percent for He was blown away by the vintage cars and
Dean Abbott. We gotta save these guys. our 40th and 86 percent for our 50th. The time wanted to know in what venue Tyson Janney
Another “wonderful surprise” was our has come when some of our classmates cannot was dancing with Mattie Perkins, administrative
Saturday Evening Dinner in the Library. As we travel. However, 86 percent is a phenomenal assistant to Forest Keller. He thought the DVDs
wore tuxedos, the school provided white orchid performance, testifying to our loyalty to the should include music of the era. I was able to
wrist corsages for the ladies. The table flowers School, which was acknowledged in spades supply him with 104 pages of the top 100 songs
were white lilies, white stock, lots of green that weekend. each week of the two years we were in school.
foliage atop admiral-blue tablecloths, and The School’s “wonderful surprises” are on These are the DVDs you were given Saturday
brown napkins. We enjoyed a wonderful garden top of the changes our class made to have a morning. By himself, and for good reason, Dick
salad, shrimp cocktail, oso bucco, mashed reunion like no other; one we would never was able to take out the photos that seemed
potatoes, salmon, asparagus, and cheesecake forget. One we would always remember— redundant and organized the rest into various
dessert with various toppings. There were two which was a request Harry Lewis made in a note categories that you saw Saturday morning. This
chocolate fondue fountains with a generous to me in a classroom some years ago where format worked best for him in interacting with
supply of large strawberries. Dean Harris was giving the State of the School the Class as he showed the photos.
Our special guests for Saturday evening Address. Later, Harry wanted to talk about an I asked Dick Wilson to be chairman of our
were John Forbes and Mary Elizabeth. Dean album of classmates’ photos with mini-bios. 50th Reunion because it was a very special
Bruner and Michael Woodfolk also visited I asked Dick Bell, Harvey Fitzgerald, Lee occasion for both our class and the School. I
us, and this time the Dean spoke from LeCompte, Tyson Janney, and Lewis Flynn and know his managerial skills working with others,
the podium. He included in his speech his his wife, Sally, to meet at Jim Field’s home to and the devotion and dedication he has to
acknowledgement and thanks for our class brainstorm ideas for Harry’s request. Harvey accomplish a task and get it right. And I know
gift—the Honor Code attractively presented and Lee had long round trips, and Jim and Jane he enjoys the responsibility and challenge. He
on durable material to be placed in every were gracious to host the group and serve formed a Reunion Committee: Gene Crotty, Jim
classroom and to replace the cardboard lunch. No significant ideas came forth, and in Fields, Tyson Janney, Harry Lewis, Art Pleasants,
placards that had become dog-eared over the maybe an hour and a half or less, the group and me. Work was shared among us. We met
years. The idea came from Gene Crotty. Tyson left without lunch, leaving Jim and Jane with four times at the School in a classroom. Nora
Janney, Harry Lewis, and Dick Wilson, who enough tuna fish sandwiches three times a day Kantwill, from the Foundation, was assigned
executed the idea magnificently. for a week. to our Class to help with whatever our needs
John Forbes followed up with more jokes. Six months later, Dick Wilson came up were, and she had lunch with us at the Abbott
I think the last “wonderful surprise” was the with a wonderful idea that worked. During our Center, hosted by the school. Melissa Gardiner
fireworks, which were for every class. I was two years in school, Arthur Pleasants took of Alumni Relations also kept in touch with our
standing alongside of Dean Bruner as the 423 photographs of us. He gave them to me needs and kindly let us have our Saturday Night
fireworks began, as bright and loud as any I as custodian of our Class. Later, I was given Dinner in the Library, where we had been at our
had seen or heard before, and I asked if he seven from Al Powell and three from Jim Fields, 40th Reunion. The development of the DVD was
would receive a call from the president of the totaling 433. These photos were displayed on ongoing as Dick chose words for categories,
university, John Casteen, on Monday morning. I both sides of four easels at our 35th and 40th print size, etc.
don’t believe any school on any of the grounds, Reunions when we stayed at the Farmington The elephant in the room that took the
ever had fireworks. The only episode close to Country Club. Dick suggested we put these most time and effort was the Reunion Booklet
such violence might be when a student shot photos on a DVD and show these in a classroom that is dedicated to the original faculty. A
and killed a professor during Mr. Jefferson’s on Saturday morning. watercolor picture of Monroe Hall on the main
time. I showed 20 photos to Andy Krause, grounds, where the school began, furnished

The Class of ‘57 takes the stage at Reunion to symbolically seal a time capsule commemorating Darden’s 50th Anniversary.

34 • DARDEN Spring 2007


by Gene Crotty, is on the front cover. At Dick’s middle of his speech to a group of people in the wheels to carry the 14-pound vase.
invitation, Dean Bruner supplied a letter to be Library of Congress, to which he had given one Sally and Tyson had a brunch of which
a page in the book. Tyson wrote the dedication of his books on Mr. Jefferson. I’d say that’s darn everything was perfectly wonderful: bountiful
to the founding faculty, who are listed with good practice. buffet, upscale spirits, cooperative weather
photos. Between the dean’s letter and the Following this was the DVD presentation for the alfresco diners seeing clearly through
Faculty and Curriculum, there are 33 color by Dick Wilson, followed by our time in the 20 miles of Virginia air to the Blue Ridge
photos and a large black and white of reunions auditorium, followed by lunch, and then Mountains. Why was it perfectly wonderful?
past. we took the bus to Montpelier to see the Because Sally and Tyson have had a lot of
There is Tyson’s complete article, “Looking restoration of James Madison’s house back to practice for this event.
Back 25 Years entitled A = L + OE and a Whole Lot its original plan. This trip was Tyson’s idea, and You will never guess who was there: John
More,” in which he described the personalities everyone was pleased with it. Forbes, his wife Mary Elizabeth, and John’s very
of all the professors. In this article, Tyson’s Reunion Saturday afternoons have close loyal friend, Dana Frye. I believe this is
humor is on display as well as his serious side, historically been left open for rest and a record. I don’t think John has ever been to
and he includes the famous speech of Henry relaxation or any other activity, but our reunion any other reunion class’ weekend, nor ours,
McWane, who was president of Lynchburg committee, at the suggestion of Tyson Janney, attending three events.
Foundry, chairman of the Sponsor Trustees, decided to offer this reunion a special trip. That In January 2006, John had a bad fall which
and a member of the Board of Visitors of the trip was a visit to Montpelier, President James cracked his pelvic bone, femur, and three ribs.
University. It was the Sponsor Trustees who Madison’s historic 2,400 acre estate in Orange He was in the Martha Jefferson Hospital for
finally raised the money, over a million dollars County. three days and then moved to the Colonnades
(in the early 1950s that was a lot of money), Montpelier has been undergoing an for recovery. Against all rules he went to
and President of the University, Colgate Darden extensive multi-million dollar restoration of his home with a group of people of various
Jr., was able to persuade the legislators in the original building as well as the opening medical skills.
Richmond to match that figure to open the of a brand new visitors center. Our visit was Soon after that he was cared for by his
School in September of 1955. Quoting the significantly enhanced by the cordial greeting wife, Mary Elizabeth, Dana Frye, and Patrice
end of McWane’s speech to the students and and active participation of Michael Quinn, (Patty) Farley, who has degrees in nursing and
faculty in the main classroom, celebrating the President of The Montpelier Foundation and massage physiology. From the time of his fall to
beginning of the school: John Jeans, Director of Restoration who made the present, these three caregivers, especially
“I am a great believer in the distinction of excellent visual and narrative presentations Patty, have helped John walk three miles
‘firsts.’ To be the first in anything is next to being prior to personally conducting our tour of the without a cane.
a champion. As the annals of this School are house. As you can imagine, their knowledge I was invited to John’s birthday party April
recorded in the years ahead, as it grows in stature and insight into this ambitious undertaking was 9, hosted by Patty at her lovely home northwest
at the state, the regional and the national level, a rare and special treat. of Charlottesville. The 10 of us celebrated his
I predict that your own pride will swell when We shall always be indebted to both 97th birthday in the warm atmosphere of close
you can someday relate to your grandchildren Michael and John for their gracious hospitality friends. That is when I met Dana and Patty, I felt
the distinctive fact that you were in the first and giving up their normally free-from-work very privileged.
graduating class of the first (completely separate Saturday afternoon to be with our Class. On April 12, Professor Emeritus John
building and faculty) Graduate School of Business On the bus ride back to Charlottesville, it Forbes was made a Fellow of the Society of
in the South. I envy you.” was my sense that the visit and trip back into Architectural Historians, receiving a standing
The most intensive task for the booklet was our early history—reminding us of Madison’s ovation at their annual meeting, held this year
organizing the mini-bios, including two photos. Constitution and subsequent Bill of Rights— in Pittsburg.
Another two photos of each of us were taken was enjoyed and appreciated by all. Hopefully, He had held most of the offices in the
from the different photos the School had and many in the class will be inspired by their society, from the presidency on down; but
from the 433 Photos given to me and put on visit to become contributing members to The most important was his eight-year tour of duty
the DVD so that if all four photos were good Montpelier Foundation and the continuation of as editor of the society’s quarterly journal.
they were included on the mini-bios. Some only their restorative work. For his editorship, he had previously received
had three photos. If the widows did not want to Dick Wilson was awarded a crystal vase recognition, including honorary membership
write the mini-bios, members of the committee with words etched: “J. Richard Wilson, MBA in the American Institute of Architects; and, in
did—Tyson wrote three, Dick wrote two, 1957, Outstanding Chairman, 50th Reunion, First addition, the decoration of Officier in the Ordre
and I wrote one. Dick was working with Gary Graduating Class, Darden School of Business, des Palmes Academiques from the French
Peters and Victoria Spah in the department UVA, April 20-22, 2007.” There was a Marine government, and the decoration of Cavaliere
that produces videos and printed work for the Corps insignia below the inscription. of the Ordine al Merito from the Italian
School. The equipment they use is staggering. Anne Wilson was awarded an 8” x 10” silver government.
It seems to me what Hollywood looks like. picture frame engraved: “Ladies of the First Following his retirement from the Darden
Toward the end, Victoria and Dick worked on Class.” A photograph of all the ladies was taken School in 1980, John offered a course in the
these pages, and Dick spent the night so he and by Arthur Pleasants Sunday morning at a lovely history of painting and architecture for the
Victoria could complete the job the next day. brunch hosted by Sally and Tyson at their next 23 years through the University of Virginia
Our schedule on Saturday morning began home. The photo is for the picture frame. Anne School of Continuing Education. These classes
in a classroom with an easy talk to us by Gene was awarded another 8” x 10” silver picture were held in a Darden School classroom,
Crotty sitting behind a desk punctuating his frame engraved: “Chairman and Mrs. J. Richard through the kindness of a series of Deans.
remarks with jokes about himself and others. I Wilson.” A photo of Anne and Dick in a tuxedo Bill and Barbara Arthur, Dick and Anne Bell,
keep telling him he is a truly gifted speaker. One was taken by Arthur Pleasants at the Saturday Denny and Marilyn Candler, Jay and Eleanor
time he told me, “Well, I’ve had a lot of practice.” Night Dinner for the second frame. A black- Cooper, Gene Crotty, Peter Elliman, Jim and
I watch WETA, public television for Northern straw beach bag was given to Anne to carry the Jane Fields, Harvie and Carol Fitzgerald, Lew
Virginia, D.C., and Maryland, and when I turned frames. Dick was given a wild, bright-colored, and Sally Flinn, Woody and Nancy Goss, Tyson
on the TV early one afternoon, Gene was in the striped carry-on bag with pull-out handle and and Sally Janney, Lee and Robbie LeCompte,

www.darden.virginia.edu • 35
Class Notes
Harry and Dearing Lewis, Arthur Pleasants, Reached the Burwell household and was first tournament.
Pliny Porter, and Kathrin Stepputat, Jane told they would be in the area visiting young Claude “Sonny” Pembroke, although
Rawlings, Jim Rumsey, Schatz and Joanna Ethel who will be attending her reunion at afflicted by some senior maladies, sounded
Snyder, Dick and Anne Wilson, Jim and Mary Sweetbriar. I don’t play golf so Armistead will very enthusiastic about looking after and doing
Ann Willingham, Bonnie Wendt, Jane and have no free time. Their travels have been to all the work on his two farms and a sailboat
Brink Evans, Brucie Gibbs, and Lucy Kilby, and winter in the panhandle of Florida R. Conley “Patch” Ricker was off again
John and Mary Elizabeth Forbes made our 50th Charlie Barham was on the way out and to his favorite haunts in Thailand to beef up
Reunion such a success. Thanks to all of you for came back to answer the phone. Everybody his tennis prowess in preparation to take on
coming together for a weekend we will never relates to that. They have not been traveling Rutledge at our 50th.
forget. and so had little to add in what little time we Jeff Robertson is volunteering for winter
On my honor, I have received aid in writing had to chat. skiing and coaching high school mountain bike
these notes from Mary Ann Willingham, Susan Pope was about to be late for a flight to racing. He really feels very good but has given
Amiot, and Tyson Janney.—Stuart Quarngesser. Houston. He and a group of friends go up for up sailing—most of us will remember he was a
the opera. They can catch a matinee as an champion sailor—and his wife is having a great
extra, consequently they see two in one trip. time gardening in Rochester, MN.
’58 Reunion Far be it for me to get news from anyone on
that schedule.
Howie Ulfelder sends this news: “I am
just back from my second trip to Churchill
Ed Dinwiddie Linwood Perkins remains in the property Downs during a Derby weekend, this time with
We will be the second class to celebrate 50 business in Williamsburg and is working at considerable frustration. I have been buying
Years out of Darden. The guys before us transitioning it to their son. He is very involved interests in thoroughbreds as a retirement
put the “bar” way up so we have our work with William & Mary, like raising $75M for a new pastime with a long-time friend from
cut out for us. They had 19 of their 22 (86 building. He was on the board of their Mason undergraduate days. Our colt Limehouse ran a
percent) return for the April 2007 reunion. Our School of Business; ran out of terms so is now more than respectable fourth in the Derby of
eavesdropping uncovered a lottery among an “advisor.” He is also downsizing and was just 2004 at 40-1 odds which was a treat. Yesterday
’57 as to what the return percent for ’58 would an hour away from talking to a realtor about our filly Cotton Blossom ran in the Oaks which
be. Let’s go for a complete return! putting their “big” house on the market. He is the filly equivalent of the Derby and went to
News from our age group is limited in reports many such homes for sale in the area. the post at 13-1. She was coming up the rail
subjects: health issues such as by-pass, joint Arno Niemand has been inducted into at the stretch turn just about to take the lead
replacement, GERD etc., travels and now The Hall of Distinguished Wrestling Alumni when she was cut off by the leader, had to
downsizing. Betty and I are downsizing and of Cornell, recognizing those who have check, and lost all chance to win. Such is racing!
hopefully it will be behind us by the time you contributed to the sport of wrestling and their It rained on us both years, which didn’t help
read this. It is pure hell. We will have moved communities, both on and off the mats. In 1987 our dispositions, but racing at that level is a
into University Village. Our unit is on the first he founded Body Bar Systems and now they blast. Both horses have run in the Breeder’s Cup
floor, but if we visit friends on the top floor we sell fitness products world wide. His company which is the world series of racing.
look down on the Darden School and the John was the pioneer sponsor of the Women’s “Susie and I are well and healthy with six
Paul Jones Arena, i.e., we will be within walking National Team that competed in the Olympic active grandchildren and a myriad of interests
distance to the North Grounds. Those long Games in 2004. His contributions to Cornell as we approach our 49th anniversary, which
rides back to Wintergreen after “activities” in have helped to develop the Niemand Fitness we will celebrate in Paris. We have homes in
Charlottesville were getting too dangerous. Center in Teagle Hall, Niemand-Robinson Cambridge, Mass and New Ipswich, NH and
After the Barge trip out of New Orleans we Field for softball, and the Friedman Wrestling would love to see anyone who comes our way.”
joined another from Cincinnati to St Louis. We Center. Arno has served on the Cornell Athletic Wally Stettinius is still teaching at Darden
wanted to do the upper Mississippi, but the Advisory Board for over 10 years. Check out the and praying for his first great-grandchild (and
barge was too long so we were on a paddle Body Bar Systems web: bodybar.com. probably more).
wheeler from Minneapolis-St Paul to St Louis in Bill Brewster, Ray, and I will be working In sad news, Charles “Fred” Sargent
October. I went with a small group on a photo on the plans for our 50th Reunion, so we will be died Jan. 12. He was 89. Fred is survived by his
safari to South Africa. Digital photography is contacting your for one reason or another. We second wife Marjorie Frame Sargent.
great stuff but I have a lot to learn. are counting on that 100 percent return A World War II veteran, Fred received bachelor’s
C. Ray Smith remains in powerful advisory to C’Ville. and master’s degrees from MIT’s School of
status at Darden. Wait until you see his portrait, Engineering, later working for the Celanese
outstanding! Guess we will have to have one Corp. as a chemical engineer. At Darden, Fred
function in the library, or his cottage on the
shores of Lake Monticello. Ray just bought a
’59 had the highest grade point average until the
date that the school stopped computing GPAs
new boat. He said, “I can’t believe how long we John Dodge in the MBA program. Fred joined the Darden
had the old one.” Ray and Phyllis have cruised Trumpeter Randy Cabell and his band faculty in 1961 and retired as chairman of the
on “big boats” out of Norfolk and find Norfolk planned to appear in May at the 400th school’s finance department in 1987. Fred
very accommodating. Anniversary of Jamestown. Randy had devoted his retirement years to breeding and
Fred Stow was coming to the ’57 reunion opened the fall meeting of the Jamestowne racing horses.
as Kent’s date. She fell getting out of the taxi at Society with a fanfare from 13th century Class Secretary John Dodge notes, “I
the airport in Houston. They cut the trip short Poland (in honor of the Polish glassmakers miss our regular meetings with Fred where
and went right back home. Kent is okay now known to have lived at Jamestown). he delighted in chocolate ice cream and a
and they will be here for our big one. One of Dick Rutledge writes, “I am now generous topping of sauce. Fred was the
their recent trips was to Belize, northeast of serving on the University of Virginia’s Alumni greatest and most incisive student and teacher
Guatemala, for fishing, diving and by the pool Association Board of Managers, and that I have I have ever known.”
stuff. Fred is off to Bali to attend the wedding of launched my campaign on the 75 and over The class secretary also writes, “I visited my
a classmate’s son. Harvard class, that is. tennis circuit and got to the semi-finals of the daughter and wonderful grandchildren in their

36 • DARDEN Spring 2007


favorite winter home, Kona, HI. Anne I are well recently returned from a delightful fly fishing American Cancer Society Honors
and looking forward to seeing everyone at junket in Argentina. Their first fishing camp
our 50th.” was near Trevelin in Southern Patagonia, and
Darden Trustee
the second was a few hundred miles north at The American Cancer Society presented
San Martin de los Andes, which is at the foot of its Medal of Honor to Darden Trustee
Volcan Lanin, the second highest peak in the
’60 country. Ben almost ran out of adjectives to
William Goodwin Jr. (MBA ‘66) and his
Jim Fowler wife Alice for cancer philanthropy, during
extol the beautiful scenery and the wonderful
wines. The Weimers were full of praise for their the society’s annual meeting Nov. 17 in
Dick Wise reports that in February of 2006
hosts and guides. The accommodations and New York.
he retired from Cubic Corp. in San Diego after
10 years of service. Prior to joining Cubic he food were given very high marks. I hope Ben Founded in 1949, the medal is the
had spent 30-plus years at Ford Aerospace and Cay will consider doing a short piece for society’s highest honor and is given to
(Now Lockheed Martin) in Newport Beach. the National Geographic. individuals who have made outstanding
Classmates will recall that he spent four years Suzanne and John Sinwell will be contributions to the fight against cancer.
in the Navy as a pilot. returning to Virginia this May in order to visit The Goodwins have made tremendous
As to retirement, Dick opines, “It has Lexington and attend John’s 50th reunion at contributions to cancer research and
been a traumatic experience for me, but I am Washington and Lee. While there, John will higher education. In 2002 they created
managing to struggle through it. I no longer announce the establishment of a marketing
the Commonwealth Foundation for
wake up at 5 a.m. and get home at 7 p.m. award named for his marketing professor.
Betsy and Jim Fowler left for Venice in mid-
Cancer Research and have pledged $88.5
Instead, the days seem a good bit longer now,
April. Their plan is to cruise along the Dalmatian million to six cancer centers throughout
though I still can’t accomplish everything I set
Coast. the country through this foundation.
out to do each day. My wife Betty and I have a
vacation home in the Sierra foothills of Calveras These centers have received donations
County, due east of San Francisco where we valued in the millions of dollars from the
spend several weeks each year. The last time we
went there, in March, we arrived after a storm
’61 Foundation: the Virginia Commonwealth
Health System’s Massey Cancer Center;
to find four feet of snow on the ground with This is a small-world column concerning Tom Memorial-Sloan Kettering Cancer Center
drifts over my head. In addition we lost power Maher and me (Nathan Bachman). in New York; John Hopkins University’s
for three days and had to use lots of firewood Tom was one of the few engineers Oncology Center in Baltimore, University
to survive. This past year was especially busy (chemical engineering, to be precise) in our of Texas M.D. Anderson Cancer Center in
for us up there because, due to fire problems in entering MBA class. He had worked for DuPont Houston; the Mayo Clinic Cancer Center
California, the state changed its fire clearance and Bethlehem Steel. His subsequent career
in Rochester, MN; and the Cancer Center
regulations from 30 feet around structures to path was primarily to perform economic
100 feet. As a result I have been quite busy feasibility studies for large capital projects, i.e.
in Charlottesville.
cutting and raking my little acre to meet the steel, cement and country infrastructure in The Goodwins have also contributed
new requirements. We enjoy the location very Korea, Vietnam, and Southeast Asia. $80 million to support research that
much but could have done without quite so Of course, Tom is long since retired and helped lead to the development of
much physical labor. My children, Carol, Patty, living in Cartersville, GA, with wife, Helen. Gleevec, a groundbreaking drug used
Andy, Valerie and Laura are all on their own and As this column is being composed, they are to treat leukemia and gastrointestinal
seem to be doing well. Carol is a professor at about to head north to Omena, MI. Her family’s tumors. Goodwin also serves as a key
the University of Southern California and the 100-year-old cottage was owned by her leader in the South Atlantic Division’s
others are married with families of their own.” grandfather. Patient Resource Navigation system
Mort Williams, also a former Navy aviator Now to the small world aspect.
capital campaign. Their philanthropic
and captain (USNR, ret.) married the lovely Unbeknownst to either of us, Tom and I lived
efforts also extend outside of cancer
Grazia Girod last July. Those who attended our in the same town in suburban Philadelphia:
45th reunion in 2005 had the good fortune to Swarthmore. We lived on the same street, research. They have donated millions
meet this elegant lady. Their union brings with Rugby Avenue. We attended the same local of dollars to the Darden School, the
it two homes, one in Briarcliff manor and the school, Swarthmore High School. We were in University of Virginia, and Virginia
other in Garrison. Aside from this Westchester the same place but not at the same time. Commonwealth University’s School of
real estate merger, Mort and Grazia have seven Tom’s grandfather, General John T. Wilder Engineering Foundation.
children: Caroline and Nicole are Grazia’s while was a Civil War hero. He outfitted his Brigade BusinessWeek has reported that the
Mort adds Adele, David, Parthenia, Sarah and with Spencer repeating rifles at his own Goodwins have donated 60 percent
Jane plus nine grandchildren. Last fall Grazia expense and mounted them on horseback. of their wealth to cancer research and
and Mort toured northern Italy starting in The Wilder Brigade monument is the largest education. The Goodwins are also listed
Milan and ending in Torino before going north one in Chickamauga Battle Park, just south
on the magazine’s 2005 Most Generous
to Switzerland for some Girod family events, of Chattanooga in Georgia. After the war he
including a wedding reception party for those continued his career as an industrialist in
Philanthropists list.
Europeans unable to attend the July nuptials. steel, coal and rails. Tom’s great grandfather Goodwin is the founder and chairman
Currently Mort is in the final stages of outpatient was buried by my great grandfather. Wilder’s of the board of CCA Industries Inc., a
physical therapy at the Burke Rehabilitation daughter, Edith Wilder Scott, Tom’s great aunt, diversified holding company with assets
Hospital in White Plains, NY, following the instructed Tom to look me up when he got to in various investments and real estate
replacement of his right knee. A particularly Darden. Edith Scott was a friend of my mother holdings, including The Jefferson Hotel
optimistic sort of fellow, Mort is already who lived in the Philadelphia area. Small world! in Richmond and the Sea Pines Resort in
planning similar surgery for his left knee. Tom is the newly designated Class Agent so Hilton Head Island, S.C.
Ben Weimer reports that he and Cay you will hear from him in due course.

www.darden.virginia.edu • 37
Class Notes
To complete our day the university sent to I would love to hear from other classmates
’62 the house a singing group called the Virginia and will past on all correspondence. Should
Fred Gignoux Gentlemen, who entertained us for about half anyone find themselves in Carefree, Arizona,
As smooth as silk is how I would say our 45th an hour with a medley of very cleverly sung please give a shout.
mini-reunion went. The sky was clear, the songs. I noticed Jim Dunton still knew most of This news from David Walentas: “Two
temperature perfect with the Dogwoods the lyrics to them. Trees, our family real estate company, has
blooming and we had several beautiful spring Received a nice email from Larry Kellar become the largest residential builder in
days in Charlottesville. Nine couples had saying he would have enjoyed the weekend but Brooklyn in the last two years with the
dinner at Fred and Struther Gignoux’s house he and Barbara would be in Italy and would join construction of 1,000 high-end condominium
on Friday night. Coming the farthest had to us for our 50th. and rental apartments. We have just purchased
be Jim and Nancy Dunton from Pasadena, a large track of land on the far west side
CA. Jim is still working in the investment on of midtown Manhattan and plan to begin
the coast and Nancy is still riding with several
horses in the barn. Their daughter much to my
’63 Reunion construction of 1,000 apartments later
this year. Jane has completed the 20-year
interest is studying jazz piano. John Wright restoration of her landmark antique carousel,
Waller and Judy Harris came in from wpltd@aol.com PTC 61, which we purchased in 1984 from an
Bloomfield, MI. Waller says because he is a Bob Gaines was at Foxfield in May and at amusement park in Youngstown, OH. It is up
good listener he has become the wise man of the Darden tent looking for classmates. The and running in Dumbo. Our son, Jed, age 32,
the neighborhood, and all ages come to him UVA Club of New York had an Amtrak car is working with me and he is better than me
to discuss decisions to be made and just to that left Friday afternoon from New York and at almost everything. We will be at our farm
talk (we all might learn from this.) He says even arrived in Charlottesville that evening. The in Southampton this summer and I will be
his son-in-laws and grandchildren want to be next morning the Alumni House sponsored a playing high goal polo with Adolpho Cambiaso,
around him. bagel breakfast before buses took everyone currently the best polo player in the world. We
Joe and Rita Hawranek are living in to the festivities. A fabulous day with beautiful are all happy, healthy and having fun. Come see
Arizona. Joe is ready to retire and has still to weather and horse races too! Darden had a us in Dumbo or Southampton.
make up his mind where they will retire. They great tent with a catered BBQ buffet, kegs
have taken two trips to New Zealand and of beer and an open bar. Sunday afternoon
narrowed their choice to two cities there, both
on the water. Joe says New Zealand is the only
Amtrak took everyone back to New York.
Bob reports that he will be leaving June
’65
palce left that’s safe where you can still get “a 6 to go bicycling in Tuscany with Ciclismo Frank Ellet
bang for the buck.” Rita mentioned that they Classico. He says he has been training during Ron Wagoner is enjoying retirement and
also looked at New Mexico, but wisely she told the winter on spinning equipment at the staying busy with volunteer projects. He
me it’s Joe’s call. Westport YMCA and now with good weather on started studying Spanish last fall and now is
The Staats, Alan and Barbara (the his bike in the Pocono Mountains ...Foxfield was assisting Latino families with their finances
newlyweds), both have moved into their golden not necessarily part of the training and tax preparation. Chuck and Mary Mena
years with a tremendous amount of vigor. I was Koches visited with the Wagoners last fall as
lucky enough to sit with them Saturday night past of a 4,000 mile retirement tour around
for dinner at Darden and learned about both of
their careers; Alan moving oil tankers for Exxon ’64 the country. Chuck lives in Charleston, SC,
close to his immediate family.
and Barbara’s adventures in Europe. Dick Tatlow reports, “I am still working for Had Talbot is enjoying winters in
Even though John and Nancy Kennedy A.G. Edwards in Mesa, Arizona. However I Charleston also. He still has his main summer
could only stay for Friday night, they had to have reduced my schedule to two days a residence in Katonah, NY. He and Louise will
drive back to Florida, I found out they were still week. My wife, Pat, and I are enjoying living be going to Lake Como this summer where he
living in West Palm Beach. John is consulting at the Boulders in Carefree. The community spent eight summers right after Darden.
and Nancy working in her own import business. is terrific as all the folks are from different Hart Gary is a grandfather for the first
It certainly was wonderful for them to come all walks of life, come from different places, and time...grandson Alden was born the day before
this way for the day. were successful at a variety of careers. Along Easter.
We were also lucky to be able to have with the social activities, golf and tennis are Walter Witschey is retiring on June 30
Howard and Pat Lawrence for Friday night a mainstay. I think I’m getting better at golf; from the Science Museum of Virginia after
before having to go home that evening. now if I could just find the ball. fifteen years as executive director. July 1 he
Howard had seen Charlie and Mimi Mackall Pat and I will travel to New York tomorrow will join the faculty of Longwood University
(both well) lately. He also had dinner with Molly for my 50th high school reunion, and will as professor of anthropology and science
Munday and her new husband at a neighbor’s celebrate her birthday in the city with a New education. He and Joan are building their
house. York day including dinner and the show “Jersey retirement home in Farmville, VA, near
Troost and Kathy Parker also joined us Boys”. Along the way I will catch up with some Longwood and Hampden-Sydney. “I’m getting
for dinner on Friday before having to leave for clients. back into my archeology research on the
West Virginia on Saturday morning to spend the This past year was a busy one for our son, Mayan culture, including the ‘Atlas of Ancient
weekend in their new house. Chip. He passed all requirements for CFA, had Mayan Sites.’ Just finished teaching ‘the Maya
It was also great to see R. “Wheat” and a very successful business year, married a Collapse’ at Virginia Commonwealth University
Dale Wallenborn with us for the two days. Both great gal Jenifer, and bought a home in Marin as professor of life sciences. Daughter Anne just
looked great and I had a nice talk with Wheat County, California. Our daughter, Leslie, moved bought the newspaper she has managed for a
on how the City of Charlottesville had changed from Virginia to Denver with the two current decade—The Highland Recorder in Monterey,
since he grew up here. The conclusion we came grandchildren, Chapin (7) and Libby (almost VA. Our three oldest kids have given us ten
to was it has grown uncontrollably large since 5). All the kids are doing very well as parents grands.”
the ’40s and ’50s. would wish—life is good. Bill Mitchell is working a couple of days

38 • DARDEN Spring 2007


each week at Goddard Space Center preparing Colorado College in Colorado Springs (son), agency governance issues and he sounded
for the fourth and final servicing mission to the a junior at Davidson (son), and a freshman great. I checked with him recently, and while
Hubble Space Telescope. at Colorado College (daughter). We live in his board term has ended, he is still active in
That’s all the news for now. Keep the emails Darien, CT, near John Quirk about seven the search for the new national CEO and a few
coming. Best. Frank. months a year, and spend 4-5 months in Vail, other projects as well. The governance issues
CO, especially in the summer.” John is a partner are presently before Congress for action. Ross
with Tocqueville Asset Management based in is very positive on his experience with the Red
’67 New York, and manages their precious metals
business.
Cross board, including the chance to discuss
its work not only on NPR but with a number
Jim Cappio Dick and Carol Verrone had planned of other media outlets including the New York
News from our 40th Reunion—present were on attending the Reunion. Unfortunately, Times and the Baltimore Sun.
Vic and Jean Bell, JB and Lois Campbell, Bob continuing problems with their home in Significant as all this may be, the real news
and Ruth Courain, Mike Heavener, Lou and Wrightsville Beach, NC, which was struck by from the Ogden family is the birth of their first
Ellie Ives, Bruce Jolly, Hugh Key, John and lightning last June, made it impossible for them granddaughter, Allena Grace Ogden, to their
Charlene Piper, Rich and Joan Reibman, to attend. Dick reports, “I could write a book on son, Ross, Jr., and his wife on March 12. Like any
George and Mollie Wisecarver and your insurance, believe me. We are indeed fortunate good grandparent, Ross is already working out
faithful scribe. Guests included George and to have wonderful family and friends who have tuition estimates for Allie. His working estimate
Katie Wisecarver (MBA ’07), Matt Cappio (MBA cared for us during these stressful times.” They for UVA tuition in 2025 is $100,000 per year.
’07) and friend Kelly Godfrey. hope to move back to their home in September. It’s unclear whether that is gross or net after
The event, which coincided with the 50th Gerard Teunissen was unable to attend considering the scholarship a child with her
Anniversary of the school, was really well the Reunion, but sends his best regards. Gerry’s heritage would obviously merit.
done, including a glorious fireworks display work for the U.N. and as a private consultant Michael Walker sent a note to the effect
after dinner Saturday night. The weather was in international aid programs spans the globe that he has joined the Executive Advisory
cooperative and all present had only one over 35 years, and includes Tanganyika, Saudi Council of the College of Business and Public
thought—we wished that more classmates had Arabia, Liberia, Darfur in the Sudan, Iraq (1976- Administration at Old Dominion University
been able to come. 1972), Indonesia, Thailand, Viet Nam, Laos, in Norfolk. This group works with the dean
Discussions ran the gamut from Cambodia, Madagascar, and Afghanistan. Now of the graduate and undergraduate business
“retirement” to grandkids. Most agreed that he is living in Woking close to London, and programs “on ways to promote and enhance
they were working harder in retirement hopes to attend our next Reunion. the substance and image of the College of
than they had planned. Activities included Finally, a sad note. John Warfield died Business,” he writes. Congratulations, Mickey, I
starting new businesses, traveling, managing in February while vacationing in Norway. can’t think of anyone in the area better suited
homeowner’s associations, and a surprising From 1980 to 1996, John was founder and for this opportunity.
amount of physical activity. president of the Keokuk Junction Railway. He Recently I had a note from Richard
Regrets came from Charlie Foster, also founded the Burlington Junction Railway. Huntington who is in Mt. Vernon, IL, working
Ravenel Curry and Randy Lyon, who had Lou Ives heard John Casteen say earlier this as vice president of business development
board meetings to attend. The Barbees, year that when John Warfield saw the northern for Good Samaritan Regional Health Center.
Cobbs and Pettys were traveling overseas. lights in Norway, he had met all of his earthly His current project is development of a
The McNairys were climbing a mountain in objectives. replacement hospital at a new site. He’s working
Tennessee. And Sir John Rick was in Paris. on the certificate of need now and hopes to
Other notes from classmates: John have construction started by January 2008.
Hathaway says, “I am working harder that I
ought to be at this stage, but I guess it’s only
’68 Reunion We seem to have more reports of
classmates undertaking service projects of
because I enjoy it and there is no future for me Greg Kilduff one sort or another; as I recall last fall, Durant
in golf. I have three kids; a recent graduate of innkeeper@porchesonthejames.com and Sandy Vick were in Costa Rica doing
It’s early April as I write these notes. Spring church mission work. I think they were there
in Isle of Wight County is cool and pleasant; in the summertime, so they certainly earned
the Dogwoods along with the Redbuds are full credit for their efforts. In the interests of
almost open. Even our herd of bird seed- full disclosure, they reported a similar trip in
eating deer (these thieving miscreants even late February. While they surely were no less
surpass squirrels) was out this morning diligent, I must report the weather in Tidewater
actually seeking their own breakfast for a Virginia was rather chilly at that time, and I can’t
change. Porches is open for guests, and we’ve believe that Southwestern Virginia was any
already entertained a few early visitors from better. Then there was some mention of “R&R at
the throng that Jamestown is hoping to entice Manuel Antonio on the Pacific Coast.” Hmm.
for a visit to America’s 400th Birthday. We’re The news from John Rucker seems
a short drive and a delightful ferry boat ride encouraging, if difficult. He writes: “I’ve
from Jamestown; the party goes on all year. completed a month of radiation to kill a tumor
Classmates are always welcome. on my spine and four months of drug therapy
Now to the business at hand. Last fall, in to lower ‘bad” enzyme levels in my blood
early November, Jane and I were driving out to and marrow. Both were successful and the
the Navy-Notre Dame football game listening next step is a stem cell transplant using my
to NPR when suddenly we realized they were own harvested cells in late May. If that is also
interviewing Ross Ogden in his capacity as a successful I’ll be in an indefinite remission (they
George Wisecarver (MBA ‘67) with son, George, a national board member of the Red Cross. He don’t say cure) that hopefully will last the rest of
member of the graduating Class of 2007. was explaining the board’s efforts to manage my natural life....”

www.darden.virginia.edu • 39
Class Notes
He ended with his plan to attend our 40th
Double ’Hoo Phil Stone (MBA ’68, Engi- Reunion next year; we’re looking forward to
neering ’66) channeled a passion so he could jumped seeing you there, John. In the meanwhile, we
off the treadmill and onto a spiritual path. can all maintain e-mail contact at: jrucker@
After a career that took him through the military ruckerco.com.
and a series of real estate corporations, Stone de- Bob Dearth writes of the beginnings of
cided to follow his dream while fulfilling a market retirement plans in Cincinnati. At this point
need. He created an online guide to spiritual retreats their plans focus on downsizing their home
and conference centers, with contact information for locally and spending more vacation time in
the people who run them. The international direc- their new “retirement” home in Cabo San Lucas.
tories draw tens of thousands of visitors a month, He still maintains active management of three
effectively turning Stone’s hobby into a thriving one- businesses: windows, equipment rental, and
restaurant food sales in Cincinnati, which he is
man business.
not ready to leave just yet, but he and Barbara
“In the late ’80s I started really developing an interest in spiritual retreats—find-
are active volunteers in The Over-The-Rhine
ing peace, serenity, finding truth, finding God, finding answers—whatever you’re
Foundation. The foundation is concerned with
looking for as an individual,” Stone said. “By the mid-1990s I thought maybe one of preservation and rejuvenation of an historic
these days I’m going to create a website to help people find retreats in their area.” district in Cincinnati recently recognized as a
Between the idea and the execution lay a wide expanse of technology to be mas- National Trust community.
tered. Stone re-honed his skills for a new direction. Bob also mentioned coming to our 40th “for
“My whole career had been spent as a manger of people and marketing and the first time ever.” That is beginning to sound
technology, but I had forgotten a lot of my technology skills,” he said. “So I bought like a pretty good event.
a PC, started learning how to create web pages. Finally I thought I’ll create this Finally, since no report would be complete
website, findthedivine.com. It took on a life of its own. It grew over the last six years without some mention of Googan Bunn, he
to the point where I have about 1,700 retreat centers. The way it’s listed is similar did write that Carter and Donna Yeatman
to the concept of the Yellow Pages. A basic listing is free, but more elaborate entries have moved to Batesville, AR, which Mr.
with graphics and links cost money.” Bunn describes as Carter’s “ancestral home.”
He started adding to the directory. First there were conference centers, “which I’m unclear whether this move represents a
retirement, but in any event best wishes on
have bigger budgets than little retreat centers,” he said. “Then I added a directory
your return home, Carter.
of people who run the retreats, and a calendar of upcoming events. An employment
So much for this edition. About this time
page. It was like building a house. I didn’t ever think it was going to get this big.”
next year we should be celebrating our 40th
So last year Stone created a new website, seekaretreat.com, which is specifically reunion. More news will follow, but please start
designed for people who have a lot of retreat events, directors and an active calendar. thinking about it now.
The site offers a place for them to advertise their skills to lead a retreat.
“What’s been really fun on this path is about two years ago I quit my day job,”
Stone said. “My whole career has been surrounded with real estate software—either
in finance or information systems, or I’ve been a consultant. So I’ve made this my ’69
day job and devote my full attention to this.” Bill Parham
Carrying an entire business in a computer case also has its benefits. wmparham@aol.com
“My business is my home office, on my laptop, so I just bring my business with George Youmans
me,” he said. “I’m going to Corolla, NC (along the Outer Banks), next week and I’ll Gyou1460@hotmail.com
sit at one of the Internet cafes and tend to this, then go back in the afternoon and Members of our class will remember the
beach it.” admonishment of our Darden professors to
Cultivating the entrepreneurial spirit, Stone says, has given him the opportunity write “paragraphs” in our assignments. We
to get back to the Darden basics he learned 40 years ago. challenged you to send in a few paragraphs
“I get to work in marketing, sales, technology, accounting; I had to set up an and were delighted with the response. On the
LLC,” he said. “So it gives me an opportunity to wear many hats like I’m back in the basis of this participation, we hope to hear
from even more members of the great class of
MBA program, whereas as a manger, you have other people doing it for you. As an
’69. So send us your paragraphs.
entré to retirement, this has been a wonderful opportunity.”
Bill Parham: Cissy and I live in Greensboro,
Stone also leads retreat groups. “My niche is contemplative retreats—silence, NC at 1604 St. Andrews Road 27408, 336-275-
meditation,” he said. “I lead centering prayer groups and I’m on the board of two 4120. This is after the last 10 years in New
retreat centers. so my whole life revolves around this spiritual quest, if you will, York at 304 E. 65th St. and several weekends
whether it’s the business, the retreats, or the board groups I’m on—they all have a a month in Greensboro while I worked for a
common denominator. Although my background is Catholic, I have learned to ap- jacquard weaving upholster company. We are
preciate a divine source that invites all to enjoy this life. There are no restrictions.” southerners who love the south but also love
Findthedivine.com is Phase I of his business plan. Phase II will be to develop an New York. This was a fun lifestyle which worked
interfaith retreat center, somewhere between Washington, Charlottesville, Fredericks- for us.
burg and Richmond. “I’m looking for something that will incorporate this vision, By far, our greatest news is the birth of our
not just on the web, but an actual place,” he said. So many people are overwhelmed first grandchild. McCarthy Moore Spencer is 11
by the hectic pace of life. The bigger path is a spiritual path that sits as an umbrella months old. She has just started walking, and
over all the religious paths. It doesn’t really matter which path you’re on. I just think as her grandmother says, she is the cutest child
it’s important to be on a path.” in North Carolina.
Life now is consulting for both of us. Cissy

40 • DARDEN Spring 2007


is involved in fundraising for non-profits around And speaking of travel, we actually did manufacturing management for a number of
the country. I am involved with an automotive more of it in 2006 than we ever had before, different industries in seven different locations.
safety company doing broad business related capped off by a cruise of the Galapagos Islands Spend my time now volunteering in our
projects as they request. They are a Japanese in November. It was great fun, but if you’re community and
owned multi-national which has taken me planning that trip, talk to me first, as I have piddling around the house. We have three
to some interesting places. It is not full-time, advice. married children (39, 35 and 34 years old) with
which leaves time for golf and traveling From Jim Edmondson (jedmondson@ seven grandchildren from age 7 down. Two
which we both love to do. China is our next unidevlle.com), cell 703-624-1529; office 301- of our kids live within an hour of us with six
destination in September. 656-6956): Well, by golly, you guys are inspiring! grandchildren so we get to see them often.
We look forward to getting updates for How great to hear from you, Bill, and that you Our oldest son lives in Woodstock, GA, with his
the class and hope to see everyone at our 40th took Doug’s job with George. George, I was daughter. Heading that way this weekend to
reunion in 2009. born in Georgia to a Georgia peach, so I know see them. We spend most of our time at home
George Youmans: Anne and I live in you have it good. Isn’t grandparenthood great? but do travel occasionally. We have been to
Macon, GA at 1151 Oakcliff Rd 31211, 478-742- Congrats on your first, Bill, and wishes for many Great Britain, France, Switzerland, the Bahamas,
1736. After school, we moved to West Point, more. Jane and I have eight, with number nine and just recently to Jamaica to celebrate our
GA where I worked for West Point Pepperell on the way. They are in Las Vegas (of all places), 40th anniversary. We are both in good health
for seven years. In 1976 we moved to Macon in Cincinnati (two sets of twins) and several thankfully and enjoying our retirement years.
where I was to learn the car business (Anne’s miles from us in northern Virginia. They are all This from Tom Goodyear (Goodyear@
family owned the Chevrolet dealership) and healthy and happy. When four, including a set ainop.com): First of all, I hope you passed on to
then we were to go find our own dealership. of twins, were born in 2003, we guessed that George that my recollection of his talk about
Somewhere along the way the family asked would never happen again. Then in 2005, it DID! landing on a carrier in his recon plane is among
us to stay and I bought the dealership in 1983. The mother of the twins is super-organized, and the most memorable of my experiences at UVA.
Today, our son George, Jr. is the dealer and I am she has them on a terrific schedule. They are He may say that this is more a reflection of my
free to work when I want! I must say it is awful good sleepers, but they can wear us out over a lack of interest in business subjects rather than
nice to have an office I can escape to. Anne has weekend visit, of which there are never enough. in flying, but he would not be giving himself
been part-time in the travel business for many Our baby, daughter Lauren, graduated from enough credit. I now have a SEL and SES rating
years and we have gone on some great trips. Williams last June and moved to NYC with her and it is, in part, the result of his influence.
Next month we are taking the whole family on two best friends. They live in a new high-rise on That said, I think that John Cumming is our
a Disney cruise which should be interesting! the East River in Long Island City, right across only classmate with whom I have had any direct
We have three children and four from the UN Plaza. The apartment is great, and contact since our UVA days and, as such, I think
grandchildren. George has one son who is the view is spectacular—the entire east and he is the only classmate who has ever had the
13 and in the seventh grade. Our daughter central Manhattan skyline. Twenty-two year opportunity to know Barbara, who I married
Cleveland lives outside Atlanta with a seven olds shouldn’t live like that, which you can in 1976. I think his only direct contact with her
year old daughter and a husband who works appreciate as a long-time resident. The best was when he and Betsy asked us to join them
for Delta (say a prayer for Delta & GM)! Anne part about it is that all three roommates are for an evening on their boat in a harbor on
Brooks lives in DC with two young children and supporting themselves. Miracle of miracles. Swan’s Island and subsequently, for a nice sail
her husband who is a new orthopedic surgeon. They are all working at good jobs and enjoying back over to Bass Harbor the next day. Having
While we are scattered about, we manage to the city life. gotten to know her—albeit briefly—he would
get together at our home on the GA coast quite I spend most of my time on two companies understand my current state of total despair.
often. in the real estate business. One buys, Barb and I raised five girls (three mine and
We look forward to hearing from you in the redevelops and manages apartments, mostly two hers) who are now happily grown and
coming year. in the D.C. area and in Augusta, GA. The other married with children. Barb was, for 31 years,
Dave Beach (dbeach@nationaloptronics. develops “workforce housing” using a unique the best partner for whom any man could have
com) reports: Carolyn and I still live in approach that has caught the attention of the ever wished in his wildest dreams. On Feb. 5,
Charlottesville on No. Dogwood Lane, where marketplace. It is exciting now. My oldest son, 2007, after a two-year battle with cancer, she
some of you attended the Friday night Ben (who finished Darden in 1998), worked passed away at the young age of 60. I am still
dinner during the last reunion. I’m also still with one of the companies for several years and dealing with the early stages of mourning. A
with National Optronics, although Essilor left last month for an offer too good to pass up. future without her is still inconceivable. She was
Instruments, our parent, installed a new COO We’ve missed you at the several reunion events everything to me.
as of February, and I’m rapidly graduating at Darden that we have attended over the years. David Pollock (ypollock@comcast.net)
to emeritus status, something that I confess Jane, Leslie Tarkington, and I made the back sends this: George and Bill, You guys are great
doesn’t find me shedding any tears. When cover of one of the Darden periodicals after the and the message motivated me to get back
the company was sold, my job definition was last major reunion. Obviously, it was because to you immediately. Shirley and I, now in our
intended to be as an ambassador for our of my personal magnetism; had nothing to do 39th year since playing on the lawn at UVA,
products in the marketplace, but somehow I with the two beauties in the photo. Come with live in Portland, OR. After 24 years in “heavy
ended-up continuing as the COO for the next Cissy and Anne to the next one. metal” (Cummins, Onan and Hyster) living
year and a half. Now that a young Turk—albeit Pete Erber (suzance@juno.com) reports: in Asia and Europe, I left big companies for
one with a French accent—is on board, I’ll Good to hear from you. Haven’t had much to do the snow grooming business (Pisten Bully)
be reverting to the initial description for with Darden since I graduated in ’69 with you headquartered in Senden, Germany and, finally,
the second half of my three-year contract. and George. Haven’t lived close enough to get Stormwater Management, Inc in Portland.
Hopefully my ambassadorship will take me to back there. Suzan and I have been in MS at 70 We sold Stormwater Management two years
Brazil, Japan, India and China; four countries Pine Cove, Senatobia, 38668 for 27 years now. ago and I lasted 14 months of a two-year
that Essilor had told me that I would likely be Came here in ‘79 expecting this to be another contract, with a mutually agreed departure.
visiting as we try to increase our international two-year stay and have been here since. I am Although officially retired, I am working with
presence. retired since 2000 after spending 35 years in Ashoka, a non-profit group which supports

www.darden.virginia.edu • 41
Class Notes
social entrepreneurs globally; Ecotrust, Division which included the Insurance, Capital and sales); Dallas (general management);
an environmental non-profit in the Pacific Markets and Treasury Services Businesses. Rogersville, TN, (plant management);
Northwest; and Mercy Corps, helping with Following retirement we moved to Cary, Greenville, SC (international operations and
Asian endeavors including North Korea. NC, to be near our daughter Emmalee and her sales); Heidelberg, Germany (general manager);
Shirley is great; working with a variety husband, Jim Noble. She is a homemaker and back to Greenville (marketing and international
of children’s organizations, Art Museum of Jim owns an oil recycling company. In addition sales); and finally Greer, SC (some consulting,
Portland, tennis and kicking my backside at to Emmalee, our youngest, we have two sons. but mostly retirement).
golf. Son, Dylan, and his wife Liz live close by Gray, our oldest, is a software engineer when Our older daughter, Laraine, who was born
which enables us to see our grandson, Lucas he works. At this time he and his wife Cindy in Charlottesville while we were at B-school,
(2), often. Ah, the joys of grandparenthood! are traveling and living aboard their sailboat now lives outside of Charlotte with husband
Daughter Gillian works in San Francisco and “Cindy’s Island.” Eric, our younger son, and his Christopher and three of our grandchildren
loves the Bay Area. wife Sharmila are both pediatricians and live (Alexander, Olivia, and Sarah). Our younger
In addition to civic and philanthropic in Charleston, WV. They have blessed us with daughter, Alethea, lives outside of Charleston
activities, we walk in the woods, travel, enjoy three wonderful grandsons, Nadeem (4), Rohen with husband Butch and our other two
the culture of Portland and, alas, my vice is (2) and Samir (9 months). grandchildren (Austin and Brady). We get to see
driving fast at Portland International Raceway We split our time between Cary and Bald our larger family often, and usually once a year
where I am an instructor. Head Island, NC, where we have a cottage. we all get together at the beach. That’s fun, but
Finally in the world-is-small category, Needless to say, we make frequent trips back to when the noise level gets too high, I usually
Spencer Beebe, who founded Ecotrust is a West Virginia to see our grandsons. find a quiet place to hide.
great friend of Dave Morine! Spencer and Hazen and Sara Burnet have a second Most of my time is now spent on volunteer
I are trying to get Dave out west for a bit of home near us in Cary. They attended church work for our church and our neighborhood,
recreation. with us last week and following the service working on my project car, woodworking,
Jim Perkins (perkinsjjr@aol.com) checks we saw Gordon Clayton and his wife in the gardening, honey-do lists and honey-don’t lists.
in: I’m happy to get the Cliff notes version of congregation. We had a quite a visit and caught I also enjoy reading on various subjects and
your last almost-40 years. I’ve kept up with up on the news since the 1999 reunion when playing on my computer (big surprise).
George and Anne over the years, as well as we were all six in attendance. We are blessed to have reached this point
Rhoads and Marcella, and Pat and Diane. We Our addresses are: in our lives. With fingers crossed and prayers,
have only rarely seen the Omohundros, even 115 Palace Green we look forward to the rest of the journey and
though they are in the Boston area. Cary, NC 27518 to see you all along the way.
I’ve been retired for 15 years, after (919) 327-2224 Here’s the news from Mike Haugh
spending 21 years at the Boston Consulting 6 Creeping Cucumber Court (CMHaugh@aol.com): Bonnie and I live
Group mostly as treasurer and chief financial Bald Head Island, NC in Pittsford, NY (outside Rochester) at 20
officer. We split our year between Naples, (910) 454-0455 Chesterbrook Lane 14534, 585-586-9696.
FL (October to May), and Dedham, MA, with Please give me a call if you are visiting After Darden, I moved to Richmond and
occasional trips thrown in. Our three children either place. joined The Bank of Virginia as a small business
are Elliott, a software engineer in Paso Robles, Now a few words from Pat Taylor management consultant. Over the next 10
CA, working for a very small company headed (pattaylorvmi64@aol.com): Our old study years, I moved through several staff positions
by his father-in-law. He is married, and they are group: Perkins, Youmans, Zimmerman and I at the bank, spent three years as CFO of a
parents of our one grandchild - Harvey, just have gotten together several times over the family-owned brick manufacturer and joined
6. Edie is a director of International Marketing years, but I have had little contact with others Mobil Chemical as a financial manager in
for Scholastic Publications in New York, and a in our class except Ernie Stephenson, who the Phosphorus Chemicals division. More
serious runner. She ran the New York Marathon lives here in Richmond. importantly, daughters Kimberley and Sarah
in 2:52, and was the 8th woman to finish. Right After leaving GSBA, I went to work for Rohm arrived during that period.
now she is out of action, because of a knee & Haas, who after training me in Philly for the In 1980, after expressing an interest in
problem. Alexander teaches sea kayaking and summer then sent me to Houston where I general management, I was transferred to
humanities at the Island School in Eleutera worked in sales. I worked for them for three Mobil’s Plastics division in Rochester and, in
in the Bahamas, and leads canoe trips in the years and then left to join American Filtrona 1982, took over the small Canadian Plastic
Canadian wilderness in the summer. The trips Corp in Richmond, where I worked in sales Packaging division—my first turnaround
cover 600-700 miles, and they see only one management for 33 years. I retired in 2005. experience. On the personal side, a divorce
other person - a pilot who flies in resupplies of I have two daughters, both of whom live in in 1980 was followed by remarriage in 1989
food. Richmond, and an 8-year-old grandson. and the acquisition of stepdaughter Jennifer.
We feel very lucky that our lives have My time now is spent mostly playing golf Professionally, I got bitten by the turnaround
turned out the way they have, and that we and racquetball and bird hunting in season. I bug, left Mobil in 1988 and spent the next 17
have lived in the present era. I suspect our do teach 4th grade math one afternoon a week years as a consultant and interim manager
children, and their children (child, for now) will as a volunteer at an inner city public school. for bankrupt and troubled companies—not
live in a more difficult era. My traveling is mainly hunting trips to Maine, terribly profitable, but lots of fun. In 2005, I
Larry Jones (laurancejonesnc@aol.com) Texas, South Dakota and North Carolina. joined High Tech Rochester as the director
tells us: Brenda and I returned to West Virginia I’ve been to all my VMI reunions and of the regional Manufacturing Extension
following graduation from Darden. I spent the find that I enjoy them more as I grow older. I Partnership Center, a partially federally-
next 36 years in various financial management have missed the recent Darden reunions, but I funded consulting organization focused on
positions with what is now BB&T Corporation. am looking forward to the 40th. helping small and mid-sized manufacturers.
The first thirty-one years were in West Virginia, This just in from E.C. (Angie) Orfanedes (If this sounds ironically similar to my first
then my bank One Valley Bancorp was acquired (ecorfanedes1@charter.net): Karol and I position out of Darden, it is!) Today, instead of
by BB&T and I spent the next five years in live at 104 Antigua Way, Greer, SC 29650, unproductively complaining about the state of
Winston-Salem, North Carolina, and retired two 864.286.9004. After school, our career path US manufacturing and the woes of the upstate
years ago as CFO of BB&T Financial Services took us to Petersburg, VA (manufacturing New York economy, I have become part of

42 • DARDEN Spring 2007


the economic development effort and have
some small responsibility for implementing the
Since then, I have been speaking to business
owners on “Your Success: what do you want
’70
changes that will keep both areas alive in the and how are you going to get it?” That subject Jack Young
21st century. has evolved into board work for private T’was the first of May and all through the yard,
Bonnie runs her own business as an interior companies. So far, I have served on about 30 signs of spring were in bloom. No need for a
decorator. All of the children have taken non- boards and am doing some speaking and bard (at least it rhymes!)—but let’s move on
traditional directions: Kim is a glass artist in writing about best practices around board with news from the class….
Tucson, AZ. Sarah is an archeologist working processes. Have a book in progress on Being rather fearful of the US economy
out of Portland, ME. Jennifer is running the advisory boards and their role in transitioning and its foibles and excesses, Harry Geisel has
used car operation for a Canadian dealer companies to professional governance and been investing primarily in international issues
and divides her time between Kingston and greater value. since 2003. The more unknown they are, the
Toronto. None are married, there isn’t even a I continue to work on keeping the same better … on the premise that, if you do what
hint of grandchildren in the offing, and I am belt length by bike riding, skiing, golfing and everyone else is doing, your results can only,
immensely proud of each of them. I seem to chasing bigger, faster grandsons. by definition, be mediocre. He spent more
remember a class where we were asked to Life is good. If you want to read more about than two years after he was “retired” heading
outline our future career paths. As you might me and board work (and who doesn’t?) go to a delegation that negotiated an international
guess, in my wildest dreams, I would have www.hillcrestassociates.com. agreement with the People’s Republic of China.
never thought to put down what I have written Tim Hotz (jhotz@triadd.rr.com) tells His conclusion: China is more important to the
above! us: Helen and I live in Greensboro, NC, at world economy than the USA and we better act
Dick Omohundro (reomo@msn.com) 4102 Haddon Drive, 27406. We have been in accordingly!
writes: Ann and I have been in the Boston area Greensboro since 1974. His daughter, Jacqui, is finishing her third
since 1973, residing at 200 Prospect Street, I retired three years ago from a small year at Guilford College in Greensboro, NC,
Belmont, MA 02478, (617.489.3678). I remain privately-owned manufacturing company majoring in criminal justice. Kathy is finishing
very active with an independent investment where I was the controller/treasurer. Helen her first year at Skidmore College and is sure, for
manager in the specialty of syndicated bank- retired from the Greensboro school system some reason, that she wants to be a business
loan management. This involves frequent travel prior to that where she taught academically major. To give her credit, her last stock pick was
and client meetings in Europe and the offshore gifted children. up 50v percent in six weeks! As a relatively late
fund center of Guernsey, Channel Islands. Helen has a progressively worsening blooming payer of tuition, Harry is somewhat
Our newest project is raising a unique fund to condition called fibromyalgia which means I bemused by the fact that the girls’ college
provide Christian-motivated loan capital for have become the “go to” guy for household expenses are a little bit greater than his State
third world development projects in the areas duties. However, there is always time for golf Department pension.
of infrastructure, medical, educational and and my other hobby…..singing in Greensboro’s John Booth turned 65 this year and is now
microfinance. Ann and I were in Tanzania last barbershop chorus. on Medicare… hard to believe for a guy who
year with one of the projects, Maji-Tech, which We do not travel due to Helen’s condition was just graduated from the Darden School
is the largest water driller in Tanzania. Both but we have continued our tradition of a two- following a tour of duty in Vietnam! He resigned
Ann and I fell in love with Africa and its people, week vacation at the beach on Oak Island, NC. from FEMA in December 2005 after 4 1/2
and have a deep concern for their plight of Our two kids and three grandsons (ages 6 to 13) weeks in southern Mississippi dealing with the
poverty and other basic needs. We are hopeful along with other family members join the fun. aftermath of Hurricane Katrina. John enjoyed
of launching The Carpenter’s Fund in the next Two other UVA graduates (early 1960s) the work but was spending too much time
few months which will enable us to accelerate from the School of Engineering and I have away from home.
the development of these projects. The made many trips to Scott Stadium for football He’s now spending time with
organization’s website is www.worldserveintl. games in the past several years. grandchildren, travel, church, and his civil
org. From Howie Heller (mnrsls@verizon.net): engineering consulting business. He is also a
Our son Paul resides in Naperville, IL, and is Pam has been putting up with me for a bunch civil engineer for an urban search and rescue
an entrepreneur involved in developing a chain of years (only she knows how many)! We’ve team for North Carolina. The team is run by the
of delis, transporting New York’s unique food been living in New Jersey since 1982, where we Charlotte Fire Department, providing technical
style to the Midwest. If interested, see www. raised two great kids—Matt recently married, advice in the event of building collapse, etc.
schmaltzdeli.com. Paul and his wife Laura have and Robyn (UVA ‘03), who’s about to tie the He thought it would be easy until undergoing
one daughter, Kayley (3), who is the delight of knot this summer! For the last 13 years, I’ve the Army Corps of Engineers’ confined space
our lives, too. been operating my manufacturer’s rep agency training.
In addition to the Boston area, we regularly (M&R Sales, Inc.), handling 10 manufacturers, He and Rosie have five daughters: one in
find our way to the British Virgin Islands in the mostly in contractor tool and light equipment. Paris, one in Japan, and three in North Carolina.
winter, and an island in Penobscot Bay, ME, in Last year, I was elected to the national board of One of their three grandchildren has a rare
the summer. the American Rental Association, an industry genetic condition called cystinosis, an incurable
We look forward to hearing from other with which I have been closely involved. It’s but treatable disease. Please keep the child,
classmates and hopefully attending the 40th been a challenge and lots of good times. parents, and grandparents in your thoughts
Reunion in 2009. Pam has continued with her career as a and prayers as they deal with the condition.
And now a few words from Bill Hawfield Speech Pathologist (UVA, M.Ed. ’69) at a private John is looking forward to a Vietnam
whawfield@aol.com: Joyce and I live in school and has become a golf enthusiast— veterans reunion this summer with his old
Thousand Oaks, CA. We have four children who almost ready for the tour. She is bringing me Marine Corps buddies. Turns out his best friend
are all self supporting and have not moved back to the game.  from Vietnam is retired, but serving as an
back in. Also, we are blessed with four high It’s hard to imagine that we’ll be at our 40th advisor with the State Department in Iraq. Rosie
energy grandchildren (all boys!). reunion before you know it! Has time flown or and John are planning a 17-day trip to China
My business life changed when I sold my what? this summer. Don’t know what this says about
company, Penguin’s Frozen Yogurt, in 1990. our generation except we are certainly doing

www.darden.virginia.edu • 43
Class Notes
wheelchair and DART bus. Debbie continues to I’m very involved with chairing public
work as director of special events for the Dallas policy and thrift shop committees for a non-
Museum of Art. If you get a chance, give him a profit dealing with victims of crime in our
call at 214-691-5286. county… seeking key legislation for the former
After working 37 years in transportation, and new customers, donors, and volunteers
logistics, and distribution for Litton Industries, for the latter. Another focus is with an NGO
Westinghouse, St. Joe Minerals, GAF, Scott working with women’s and children’s issues in
Paper, Engelhard, BASF, and most recently developing countries—with 4.6 billion people
Formosa Plastics Corporation as director of in the developing world, there are plenty of
corporate logistics and distribution, Bob needs. Teaching ESL and the occasional golf
Erikson is retiring. Consulting may be a game round out most of my time.
possible avenue for him in the future, but Email (please send any update or change of
nothing definite at the moment. e-mail address; it really makes the Class Notes
Peter Guy (left) and Steve Hansel (both MBA ‘71)
He and Mary Jo are building a retirement easier and provides timely sharing of important
overlooking the Yarra River and downtown Mel- house in Aiken, SC, in the Woodside Plantation information) or call me with your news. I’ll do
bourne in November. community. The house overlooks the 10th my best to report it reasonably accurately…
green of one of three golf courses in the area. with only the occasional exaggeration! Have a
When completed in June, he will be traveling great summer.
some unusual things in our retirement!
between New Jersey and South Carolina, as
In 1990, Jack Cann returned to active duty
Mary Jo plans to continue working in New
with the Navy, flying humanitarian missions
Jersey for the immediate future.
in Saudi Arabia. While on active duty, he
earned an MA in National Security Studies at
I reached John Barbieri at Sanabel Island, ’71
FL, where he is helping his father recover after a
Georgetown University. Following detachment Doug Watson writes, “I joined Financial
recent hospital visit. John is technically “retired,”
in 1993, he went to Kings College in London to Security Assurance in 2001 after 23 years
but continues to run an on-line business,
earn a doctorate in war studies. Jack taught at at Moody’s Investors Service. The transition
Allapatah (Seminole Indian for alligator)
the Marine Corps Command and Staff College has been good; being able to utilize all that
Enterprises, dealing with car accessories, and
in Quantico for 10 years, then retired as a credit experience, and I now oversee the
car-care products for classic cars and motor
professor this past December. underwriting process for US asset-backed
bikes. Car shows take his time when he is not
He now works for two think tanks, the securities that we insure. Cindy and I still
playing with his 10-month old grandson in
Institute for Defense Analyses and the Potomac reside in New York City and would like to see
the Netherlands. Check out www.allapatah.
Institute for Policy Studies, analyzing the any of the illustrious members of the Class of
com. Visit him on the web or you may be able
problems of conflict in Africa and developing 1971 as you pass through our fair metropolis.
to visit him in Florida a few months of the year
solutions and courses of action. In a somewhat Steve Hansel writes, “Dana and I had a
following his wife’s retirement from teaching
interesting turn of events, he is returning to great visit (in Melbourne, Australia) with Peter
this year.
Charlottesville to accept an appointment with Guy, his wife, Sherene, and their family: two
Bobby and Ginny May recently returned
the History Department at the University. girls and a boy sandwiched in-between. The
from a 3 1/2 week safari to Rwanda, Botswana,
The Canns have two sons, one of whom is guys are approaching the theoretical empty
and South Africa. Plans for a fall wedding for
a graduate of Darden, and one grandson by the nest phase, but their kids clearly enjoyed being
daughter Shelton are underway in Chicago. Son
other son. close to mom and dad.
Andrew is married and lives north of Milwaukee
To say that Preston Tyree is extremely “Peter is an extremely successful money
where they have been blessed with the first
involved with biking would be an manager, specializing in Australian small-cap
grandchild, Nora. Ginny maintains her interest
understatement. He’s on the steering stocks. He is featured in a book called “The
in gardening and rug hooking; Bobby loves
committee, safety committee, and ride marshal Money Masters,” and having started a hedge
going to the office and will continue to do so
for the largest fund-raising bike ride in the fund with one of my sons in October 2001, I was
unless the opportunity for an exotic golf trip
nation, the BPMS150 ($12 million raised grateful for the chance to pick his brain.
beckons.
this year). As an officer and safety trainer “Peter and I hadn’t seen each other in more
Eric Chafin writes, “life as chief financial
of his local bike club, he sits on the bike/ than 35 years, and had a great reunion, further
officer at Woodberry Forest School (in Madison
pedestrian subcommittee of a local planning proof that time and distance can be overcome,
County, VA) seems to keep me fairly busy.” He
organization; and he is on the board of the and great people generally stay that way.”
also wants to barter: “Live in NYC? Would love
League of American Bicyclists and is chair of its Eric Chafin writes, “life as chief financial
to trade use of 3-bedroom 2-bath house on
education committee. He recently spent a day officer at Woodberry Forest School (in Madison
Route 231 in Cismont, VA, for use of small NYC
in Washington and a day in the state capitol in County, VA) seems to keep me fairly busy.” He
apartment. Timing quite flexible.” Interested
Texas lobbying for bicyclist-friendly legislation. also wants to barter:
parties can drop a note to Eric at P.O. Box 211,
In semi-retirement, Preston consults on “Live in NYC? Would love to trade use
Keswick, VA 22947.
transportation issues (Safe Routes to of 3-bedroom 2-bath house on Route 231 in
The Youngs added grandchildren numbers
School) with state departments of Cismont, VA, for use of small NYC apartment.
four and five last year—one in D.C., the other
transportation across the nation. He rides Timing quite flexible.” Interested parties can
in London. The christening of No. 4 near
almost every day, pedaling about 6,000 miles a drop a note to Eric at P.O. Box 211, Keswick, VA
Salisbury Plain in the U.K. was a grand event in
year. What a super biker! He is looking forward 22947.
the same church where Margaret was married.
to the birth of a sixth grandchild in early
Paula retired from her third career as a special
September,
ed substitute teacher but continues to sub
The news from the Stack household
when needed… and when she wants to (a BIG
in Dallas is quite positive and upbeat. Bob
difference). Instant gardening, voracious reading,
is walking with a walker now and handles
and grandchild activities keep her very busy.
his transportation needs independently via

44 • DARDEN Spring 2007


’72 with an 11-year old daughter. That was until
Robert Kibble brought his delightful 6-year old
graduates from the Naval War College in June,
with a move thereafter to the Pentagon. My
Clint Bolte son to the reunion! son James is in charge of sale for Kaleidoscope
Our 35th Reunion brought 25 classmates and Cris Stone retired as executive vice Imaging in NYC, and is about to have a son
family members back to Darden April 20-22. president of Regent’s Bank headquartered in (they know these things these days) in July.
Bill Woodworth, Bob & Jayne Ukrop, Birmingham, AL. A short while later he joined So, all in all there is a lot of “change” and
Marvin & Terry Quin, Russ & Barbara Parker, another bank headquartered in Lincoln, NE. “excitement” around. Warm regards, Rick.
Bob Oster, Walt & Patsy O’Connell, Marshall Hopefully when he reads this he can get his William A. Crowell reports, “Nancy and I
& Caroline Morton, Robert Kibble, Artie new contact information updated with Darden. are about to head back east after completing
Johnsen, Jack Geraghty, Earl & Linda Larry Killgallon sent his regrets but had a three-year tenure as the Chief Information
Ferguson, George & Tina Eastment, David a scheduling conflict with an Ohio Arts Board Officer of the Oregon Department of Human
& Christine Beatty, and Clint & Mary Bolte meeting. Services. I’m exploring creating a foundation
all gathered on the 50th Anniversary of the Woody McGlaughlin, Ed Conrad, Tom (The Human Services Open Source Foundation)
founding of Darden. Hall, Ned Haley, F. L. Wilson, Doug Smith, to coordinate the efforts of states to develop,
A private dinner party at the Old Ivy and Dave Strong all had longstanding maintain and enhance core human service
Inn Friday night allowed time for all of commitments they could not break, but sent applications for Medicaid, child welfare, self
us to describe career paths since leaving their regrets. sufficiency, mental health, seniors and public
Charlottesville in 1972 and share updates on Bill Woodworth and Artie Johnsen health. We’re going to spend the summer on
classmates who could not make it back for this returned for their first reunion and were excited Lake George while we see if the foundation
beautiful spring weekend. Following the formal to get caught up with classmates, see their idea catches on. I’m writing a blog for www.
class portrait Saturday evening, we gathered first year apartment locales, and oogle at the cio.com on my search for my next opportunity,
for a Class of ’72 dinner in Saunders Hall and expanded Darden facility. Those classmates that a CIO position at a college or university is my
were joined by retired professor C. Ray Smith & had been to a few reunions welcomed them prime focus.
his wife Phyllis and Chris Gale. Being two of our with open arms. The group in toto offered the Jim Henry is “semi-retired and now leading
favorite professors, they graciously accepted following comment in parting, “See you at the JEH Consulting.” Jim reports that he is providing
our invitation to join us, filled us in on their 40th!” sales strategy and business development
recollections of Darden and how its students We’ve collected a couple of nice career support to a number of clients, both small and
and curriculum have evolved over the last three profiles on classmates, which we’ll share in medium-sized businesses that are focused on
and a half decades. Their enthusiasm for the future editions of Class Notes. If you would like the federal market.
school and teaching made it obvious why they to suggest classmates for such a profile or to
were among our favorite Profs. Believe it or not, beat the rush and provide your own, your class
Prof. John Forbes came to the gathering … he’s
97 and still flying kites! Fireworks and dancing
secretaries would be delighted to publish them.
’74
concluded a lovely evening. Mike Mayer
All of the classes contributed $2.2 million
to the school in this year’s fund drive. Thanks
’73 Reunion Dick Crawford’s Virginia Active Angel
Network (VAAN) has announced its latest
so much for the Class of ’72 participation and Howard Wilkinson deal, an investment with a promising medical
generous gift. To let you know what the Rick Harvey’s (‘73) equipment producer in suburban Washington,
Calls to classmates leading up to the are up to, “we are just in the process of picking DC. Dick runs VAAN from Charlottesville
reunion gleaned this information to share: up stakes in Texas, and moving up into New and has done half a dozen deals to foster
John Watson is finishing his 28th year as CEO of Hampshire to be closer to the kids now that innovation in Virginia and the greater Virginia
the Heartland Goodwill Industries of America we are about to become grandparents! While region. VAAN has chapters in Charlottesville
with an expectation of a June 2008 retirement. in New Hampshire I
Last year he received the Distinguished Career will be participating in
Award from National Goodwill. He and his wife the Free State Project
have four children (one died 10 years ago) and as one of the first
four grandchildren. 1,000: http://www.
Bill Young continues to run his family’s freestateproject.org/.
assorted businesses in the Lexington, KY, area, The family business
one of which involves thoroughbred racing is still growing teak
horses. on plantations on the
Ken Zenzil owns the American Building west coast of Costa
Inspection Services in Alabama, his home Rica, and our son-
inspection business. He and his wife have two in-law just accepted
children and two grandchildren. the presidency of the
Robert Platten sends his regards. He Quadrant International
could not attend our 35th as he is serving on his Group, and will be
undergraduate school’s (Hobart College) Board managing our annual
of Trustees and they had a gathering the same planting programs
weekend. henceforth. I will
Bubba Morgan could not make the semi-retire into the
reunion as he was heading a contingent chairman’s role.
attending a trade show in China. He is president My daughter Lisa Darden alums watch their children graduate with the Class of 2007. From
of Seconds in Building Materials. We thought is a Major in the US right, John Kennard (MBA ‘73), Ted Kappler (MBA ‘71), George Wisecarver
Bubba was the youngest at heart in the class Regular Army, and (MBA ‘67), and Barclay McFadden (MBA ‘76).

www.darden.virginia.edu • 45
Class Notes
Kurt Wolfgruber and Blacksburg, and will soon be in Richmond. school districts do not do longitudinal research
Poss Echols is enjoying retirement and on their product after graduation.
(MBA ’74) was
reports that he is now working mostly as a Jim says their two daughters and two
named President
chauffeur for his twelve year old daughter. sons are now all married off, giving them four
of Oppen- Poss and his family live in Arlington where he grandsons so far. Their kids are in marketing,
heimerFunds in completed a career with the US Patent Office. finance and program management in the
March, adding Methodist Pastor Keith Lawder is in a IT industry with successful companies.
responsibility for totally different field from his years in banking. Unfortunately, Jim regrets that none of their
the company’s Keith was fortunate to be appointed to his companies make it easy to return to graduate
retail and wealth home church in Georgia, but is now subject to school, so he has not been able to coax anyone
management busi- reassignment as his bishop directs, so a move in the direction of Charlottesville.
ness units. He remains chief investment may be coming up. Keith explains that he loved Frank Genovese has sold all his operating
officer. banking for 36 years, but just lost interest. businesses and is officially “semi-retired.” Of
In December 2005, David Kympton graduated course he has been officially semi-retired since
He now oversees the work of approxi-
from Union Theological Seminary in Richmond 1987, but who is counting? Frank reports that
mately 1,000 investment professionals. with a Masters in Theological Studies. During the private equity buying frenzy is running
Wolfgruber says that more than 33 his studies at Union, he also taught classes in hot and heavy and suggests to all operating
years following his Darden experience the Religious Studies Department of Virginia company owners that now is the time to sell.
a key takeaway—the school’s general Commonwealth University. Frank is currently in the process of “re-creating”
management approach—remains just as In August of this year, David graduated himself into an active director on public or
valid today. from the Medical College of Virginia with a private equity portfolio companies. He sees
“It really ingrained in us a process Masters in Patient Counseling. He’s also been a this as a way to stay in the game and not get
of thinking and the consistent applica- Chaplain Resident at MCV. David hopes to again stale. Of course, another primary reason is that
tion of that process, not content,” he teach at VCU while he looks for a “real” job in Susan won’t let him stay home during the week.
Chaplaincy. He’s also a Postulant for Holy Orders He reports it is very hard to be quiet during
says. “Consistency and accountability
in his church and will be deciding in the near interviews.
are extremely important elements of
future whether to move ahead with ordination. Susan remains extremely busy (much more
our business. There are lots and lots of Mike Santoro continues as director of finance than Frank) as the vice president of Randolph
investment professionals but very few, and strategy at MeadWestvaco in Wilbraham, College’s Board during their transition to going
frankly, who can develop and apply a MA. Mead has recently moved its headquarters co-ed (i.e. formally Randolph Macon Woman’s
business management approach.” to Richmond and Mike has his fingers crossed College). She also serves on the boards of the
Wolfgruber also worked at the CFA Insti- for a move that would bring the Santoro Richmond Symphony and Richmond LISC
tute during his summers at Darden “so I family much closer together. Daughter Ann among others.
had some practical early exposure” in the (UVA 2002) has just graduated from George Frank and Susan’s three boys are all doing
workings of the institute’s standards of Mason Law School and will clerk for a Justice great. Michael is married, completing his Ph.D.
professional excellence. on the Virginia Supreme Court. Daughter Mary in English and living in South Philadelphia,
Catherine is working at the Virginia Museum Christopher remains in Nashville and Daniel
Wolfgruber has more than 30 years
of Natural History in Martinsville. Mike’s wife, will complete his Masters in Biomechanical
of investment management experience. Martha, is currently working on a degree in Engineering at UVA in August. Daniel wants to
He joined OFI in 2000 as Director of Library Science from Syracuse University. move back to Atlanta if anyone knows of any
Domestic Equities and was named Chief Richmond resident Brad Armstrong has opportunities in mechanical engineering near
Investment Officer in 2003. Previously returned to The Martin Agency to manage the that city.
he spent 26 years at JP Morgan Invest- Wal-Mart account. This will be old news by the Steve Zimmerly and wife Jenny write to
ment Management in a variety of posi- time you read this, but I thought I would pass it say that ZINC, their business, “has been great...
tions. along in case you hadn’t heard. Brad had been but crazy.” Their old office site was taken by
“Kurt has been a key contributor to with the Virginia Performing Arts Foundation. imminent domain (light rail station), and they
our success since he joined the firm in Richmond resident Brad Armstrong has have moved into a new facility with twice the
returned to The Martin Agency to manage the space. At the same time, ZINC landed several
2000,” said OppenheimerFunds Chair-
Wal-Mart account. This will be old news by the new clients. Makes for long hours at the digs.
man and CEO John Murphy. “He has
time you read this, but I thought I would pass it If you are visiting Dallas, please give Steve
helped build an award-winning invest- along in case you hadn’t heard. Brad had been a call at 214-904-8605 or via email at Steve.
ment management organization focused with the Virginia Performing Arts Foundation. Zimmerly@ZINCfirm.com.”
on producing investment excellence for Jim Noeldner reports that he has now spent James Glauser writes, “I sold my chemical
our shareholders and I am confident that more time working in secondary education company in Canada, and am now working for
with his additional responsibilities the than he did in broadcasting at less than half SRI Consulting, www.sriconsulting.com. Contact
growth of the firm will continue.” the income. As director of career and technical Jim at jglauser@sriconsulting.com, or (650)
Since the end of 2001, the company education in North Kitsap, WA, for the last 384-4316.
has doubled assets under management, decade, he’s been able to establish benchmarks Thanks to all of you who stay in touch. If
grown its flagship retail organization for the impact of school programs on what you haven’t emailed me in the last few years,
their graduates are doing six years after they now would be a good time.
by nearly tripling sales, and built two
graduate. Before he retires in a couple of years,
business lines to reach new customer seg- he hopes to be able to see the impact of their
ments with the goal of creating a diversi- systems improvements on kids in what they
fied asset management company. are doing six years out after graduation. Most

46 • DARDEN Spring 2007


’75 Chicago-based treasury consulting firm, the
second with a social services organization
Dennis continues at the same law firm in
NYC which specializes in trusts and estates.
Mark Howell assisting the poor in Guatemala and Mexico, Ray Imp writes that all is well with him and his
Greeting to my classmates and welcome and the third is wrapping up a major in Physical family. His daughter graduated from college
to this edition of Class Note Chronicles. It Education while coaching high school soccer last December and works for Outward Bound,
was good to hear from Dr. Dave Mortlock. on the side. On the hobby side of life, a friend counseling and teaching disadvantaged
Dave and Liz are moving back to the has dragged me into playing keyboard with his youths until June. During the summer, she and
Commonwealth and plan to settle in Roanoke. country-music band. (I used to think country her brother will be going to Europe to work
Dr. Dave is starting a Family Medicine music was an oxymoron, but he proselytized on a farm in Italy for six weeks and upon her
residency at Carillion Health in June. The successfully). Best recent vacation was a trip to return will be going to law school. His son is a
program is affiliated with UVA, and Dave will Barcelona to celebrate our 2nd’s marriage -- a freshman at Cornell and is challenged by the
be practicing at Roanoke Memorial Hospital as beautiful city that provided both fun and a nice course work and the snowy conditions. Life at
well as the Carillion clinic. On a personal note, respite from the daily turmoil. TyRx Pharma, where he is the CFO, continues
Dr. Dave may be interested to know that I had Tom Parker and Betsy are grandparents! to be challenging, as they are in the midst of a
my tonsils removed at the tender age of 5 at Their other son recently got engaged and new round of financing.
Roanoke Memorial. I heard that the hospital wouldn’t you know, Tom’s book is selling like Barclay McFadden’s son Barclay is
was never the same after that. I am sure Dr. hot cakes. His book, “Is That Your Hand In My graduating from Darden this spring! He has
Mortlock will be a welcome addition. Pocket?” was published last year and is doing a private equity job with Dominion Ventures
Tom Hudson wrote from his home in well at Borders, Barnes & Noble, etc. He is having in Norfolk. Dominion is part of Landmark
Nashville. Tom, Lili and the kids are all doing way too much fun to retire. Communications. Congratulations, Barclay and
well and very active. Tom reports that he Steve Johnson and his wife Neal moved to Barclay!
recently taught a class at Tennessee Tech Walla Walla, WA, about three years ago where Bill Richmond retired as CFO of Greene
on diesel engines. Tom also serves on the they now live on a farm called (appropriately County Bancshares (NASDAQ:GCBS) at the
Foundation Board at Tennessee Tech. enough) “Detour Farm.” Neal raises alpacas and end of 2005 and has been consulting. Most of
Craig Weichmann checked in from his has their fleeces spun into yarn or made into his consulting has been with banks, however,
ranch near Greenville, TX. Craig reports that he rugs…It’s “all natural” stuff. She’s become quite he has kept both his CPA and CFP (Certified
was involved with selling the Virginia based Red the little Earth Mother…She’s also got a couple Financial Planner) designations active over the
Hot & Blue chain of restaurants to a new owner. of horses, four dogs and a barn cat named years. He wants to move in that direction as
When he is not involved with such deals, Craig “BC….” opportunities arise. If anyone knows of some
stays busy at his ranch raising six miniature Steve is still doing a bit of venture capital part-time “telecommuting” work, please drop
horses...an elective that he did not take at work through a new fund called Altitude him an email.
Darden. Life Science Ventures. He’s also written a few Smitty took the time to send me an
Dave Shein has relocated to the Richmond books and will soon release an audio CD. update. I saw him at our Friday breakfast
area from Charlottesville. He is renovating a Steve is working with two other folks in Walla meeting in March. He writes “I am still at the
home there while running his HR consulting Walla—a former movie producer and his University after 13 years and am controller for
firm, Claremont Management Group. Dave assistant—to develop a variety radio program the McIntire School of Commerce Foundation.
continues to serve as an adjunct associate that’ll feature local talent, storytelling and Gail and I celebrated our 31st wedding
professor for the University of Maryland in the live audience participation…..He writes “All anniversary in April. Brian, our older son,
HR field. of this is brave new world stuff for me.” Their graduated from Cornell in May and Russell is
That’s all for now. Let me hear from you as daughters are doing well. Austen is married a sophomore at William & Mary, majoring in
often as you can. and lives in Missoula, MT, where she is in the marine biology/environmental science. When
University of Montana’s graduate education not working or taking care of the yard and
program. Abby lives in NYC and is finishing house, I like to kayak and fish. We keep a small
up the graduate education program at Bank boat down near Gywnn’s Island.
’76 Street College. Anne is still in college and just And finally Bob and Candice checked
Dana Quillen finished a semester at a manatee rescue facility in from Charlottesville! Bob joined Cellular
in Sarasota FL. Materials International about 18 months ago.
Thanks for your many responses for my
Mary Anne Zagroba is working on her Prior to that he worked in Richmond. He writes
request for information. If you keep up the
third stint with Wachovia Bank, lending he never thought that he would be winding
level of participation, I may just keep doing
money to high net worth individuals. She and down his career in the same town in which he
this job for awhile. But, I would dearly love
her husband Dennis have three daughters learned how to start one. (Hey, Jim McVay,
if someone would step up to the plate and
(Maggie, 21, Elizabeth, 20, and Catherine, add Bob to our 4th Friday Breakfast Club at The
take over for a stint. Think about it, dear
16). Maggie graduates from Princeton (her Tavern.) Bob and Candice have two grown
classmates!
father’s alma mater) in June with a BA in sons. One manages a retail operation in DC and
Phil Murchie checked in and from his
philosophy. Two and a half weeks later she’s the other works for the Republican Party. He is
email, sounds like he is having a great time.
getting married. Her fiancée is getting a PhD one of the five people left in the country that
Phil writes: ”I joined Northern Trust (Chicago)
in Economics at Princeton and next fall will will admit to being a Bush supporter. His wife is
from UVA and have been here ever since. I
begin his teaching career at Notre Dame. expecting our first grandchild in July.
was always a tech type, and have stayed in the
Elizabeth is a sophomore at Colby in Waterville, Thanks again, everyone, for sending in the
tech side of the business most of my career.
ME, where she is a math major and continues scoop. Now starting saving up for the fall
Not yet retired, but am seriously considering
her involvement with theater and playing the edition.
it; a friend has asked me to help him start up
piano. Catherine is a junior in high school and is
an automated trading outfit, so if I do retire
a competitive swimmer. Next week she will be
there’ll be something new and different to fall
participating in the Junior National Swimming
into. Jill and I have three sons, all now married
Championships in Orlando.
(all within 2 years). The oldest works with a

www.darden.virginia.edu • 47
Class Notes
’77 In other related news, a few months ago
I had the great pleasure of joining David Lee
of running in marathons with his wife. George
Edmunds, who has taken up triathlons, was
Paul Nelson and his new wife, Julia at a wonderful reception not able to join us because he was competing.
315 Oak Lane at Fishing Bay Yacht Club in their honor. We all Jay Conger and Charlie Scarlett shared stories
Richmond, VA 23226 know David so you know the music was great about their Dolly Sods camping trip that almost
Cell: 804-301-0783 and the beverages were cold! Both joined us ended in disaster. Snow in their tent was the
Work: 800-777-7663 ext.109 in the Reunion festivities and, believe it or not, first hint that they might have picked the
e-mail: lpaulnelson@mindspring.com or I think Julia is still talking to Dave! (Seriously wrong season for the adventure. We also got
pnelson@tallantinc.com … Congratulations Dave and Julia! It was great to renew friendships with professors, as John
Greetings to The Great Class of 1977! It’s hard seeing you again!) Colley, Alex Horniman, and Bill Sihler talked
to believe that about this time 30 years ago Other reunion-related notes of interest about their combined ‘120 years of Darden.’
we had just walked down The Lawn thru the include this from Bill Ketcham, “I’m still trying Their commitment to the school and to all of
center of Mr. Jefferson’s Academical Village to find out what Tom Whelan wants to do us—whether we deserved that commitment or
and then returned to The Darden School on about his surfboard! Was in C-ville on Sunday not!—was wonderful to hear.”
the North Grounds to receive our degrees for my son Saunders’s graduation...boy, did that It was also great to see Jay Wink at
from Dean Sheppard! After two unforgettable bring back memories. As I recall, we weren’t Reunion and he passes on the following
years we were done with case prep, cold drinking bloodies in the local bar at 6:30 am... thoughts,
calls and a few parties in between! Well we but his entire class has...amazing stamina.” “Reunion weekend was a blast, thank you
did make it and about 36 of your classmates (Thanks Bill …congratulations to Saunders …and and the entire reunion committee for your
returned to Charlottesville this spring to Hey Tom …come back for our 35th in 2012 … the hard work! I’ve spent a lot of time in C-Ville the
celebrate our 30th Reunion. With spouses, surf’s great and I think I know where you can find past few years, but until the last two weekends,
children and guests we totaled over 50 fun- a surfboard!) I’ve never ventured out of my car at Darden.
loving, story-swapping, reminiscing and Scott Harris writes to say, “Hi to all, I I have always maintained contact with Donn
current events up-dating crew. The weather made my first reunion ever and really enjoyed Hutchins and Teri Louden, but it was great
was perfect and the events were a blast! The catching up with classmates and professors. to reconnect with you and Mike, plus Sallye
Reunion Committee was chaired by Mike I’m sorry I missed previous ones but I will be Clark who lived in Greensboro with me the
DeCola, Joanne Miller, Sallye Zink and yours back for future ones. My second career as a first few years we were both out of school, also,
truly. Also assisting in the planning and fun headhunter (for fifth largest executive search Sue Gray, Joanna, Ted, Tom Haling, Don and
were David and Nancy (Shepherd) Webb, firm, DHR International) is now nine years! Carolyn Heim. Also some of the faculty … I was
Don and Carolyn Heim, Scott Harris, Don I’m currently serving a third term on the lucky to serve as a TEP aide during the summer
Hutchins, Jesse Crews, John Strangfeld, John Burroughs School board, a local coed between years one and two, and then during
Sue Gray Goller, Susan (Overholt) Ruth, independent school that I went to (as did Chris the second year. As such, I had the chance to
Bill Ketcham, Dabney Carr, Irving Groves, Gale!). I’m also a pack leader for a Cub Scout get to know Drs. Horniman, Landel, and Collie
Jay Conger, and Bringier McConnell. Other Pack of 60 boys. I want to encourage all the when their kimonos were loosened and it was
classmates who made the pilgrimage and guys in our class to track their PSAs annually. less of a student-teacher relationship, and it
shared in the festivities were Alex (Max) Mine went up this year and found out I have was great to reconnect. Tom Haling noted that
Chapman, Ray Doss, David Furrow, Ted very early prostate cancer. I had it removed in one of the real benefits of b-school was that it
Gary, Tom Haling, David Lee, Teri Louden, early May and have an outstanding prognosis provided more options and choices, and now
Dennis Malloy, June McCormack, John because it was diagnosed early. (Thanks Scott! that we’ve grown through the “I’m going to be
McNair, Mike Mischie, Charlie Scarlett, Paul Great reminder!) the king of the world phase,” we are able to
Tilley, Jay Zink, and Mike Vardell … many of And Mike Vardell reports that, “It was great really discuss items that are most important:
whom brought spouses, children and guests, to catch up with everyone but I’m disappointed family, career satisfaction, happiness, life
which made it all the more interesting and Scott Harris didn’t stay around—a real bait and choices, etc. I hope that with the success of this
enjoyable. What also made it so special was switch! He harassed me to come! But I definitely reunion, you’ve probably created several more
several of our favorite professors joined us for reconnected with the school and everyone that converts and the heavy lifting by the reunion
cocktails and dinner on Friday and Saturday attended. Of course, the big news for me was committee can be spread out among others
nights. This wonderful group included C. Ray founding Vardell Realty Investments almost and we can convince some of the holdouts to
Smith (MBA ’58), John Colley, Dick Brownlee two years ago (July)—about 20 years late show up in 2012. The contact book is great, I
(who started at Darden the same year as us!) compared to my Career Strategy paper timeline. plan to contact several that weren’t there, tell
Bill Sihler, Alec Horniman, Chris Gale, Bob I had to wait until I finished our beach house at them what we have made up for them during
Landel and Alan Beckenstein! And fortunately Rehoboth Beach, DE. And, of course, I was forced the next round of class notes unless they
(or sometimes not) … they remember many to start VRI because my wife sold her business choose to provide accurate information, and
funny stories and details about our two years and retired about the same time. This summer perhaps convince them to show up during
of classes, trouble and mischief! Special thanks I’m working on my golf game—so that people the next reunion. Again, thank you for all your
go out to Mike DeCola and David and Nancy can actually recognize it as golf!” efforts. Little to report in the Wink home except
Webb for hosting us and the professors at Susan (Overholt) Ruth writes that, “During our younger daughter Randall is attending
Farmington Country Club for what proved the ‘remember when’ conversations at the UVA in the fall so we have additional reasons to
to be a fantastic start to the weekend … class reunion, Ted Gary reminded me of the venture to C-Ville!”
with Friday night drinks and dinner. The only Southwest Airlines case study—and how I had Warning! Warning! Future author and
complaint I heard about the Reunion was suggested an alternative marketing approach possible biographer for our class, Mike
that there was not enough time to visit with that was quickly rejected by a certain classmate Mische writes, “Ann and I become D.I.N.K.s
everyone. And … as you’d expect … we talked from Texas! Renewing friendships with those (Dual Income, No Kids) in August, and I will
about you. Of course if you were not there to who shared the pain of the first semester was be relocating to our house in Nelson county
defend yourself … well … you’ll just have to particularly rewarding … catching up with Tom southwest of Charlottesville. I am looking to
come back in 2012 to set the record straight! Haling was great fun. Tom now shares the joy initiate a new career and have a couple of

48 • DARDEN Spring 2007


opportunities that I am pursuing; one of these is company in Mexico, DESC, announced a joint will be joining the 4th annual USS White Plains
to write a book about the Darden Class of 1977. venture between its food groups with another (AFS-4) Navy Reunion in Pearl Harbor. I am still
The Darden Director of Career Development leading Mexican Food manufacturer—Herdez. single and just turned 62. I get my first SS check
has informally offered to help co-author the The combination will result in the largest food in July making me an official Double Dipper. I
work. The book would summarize the class’ company in Mexico. On the home front, Mary never got rich on my MBA, but I will be living
30 years of professional career experiences. It and I will be married for 30 years this summer. a good life and I am always proud to cite my
would be a guide for young professionals that Our oldest, Megan, was married three years ago Darden degree! After lounging around for a
focuses on the personal, family, financial, and and is a nurse in Infectious Diseases at Medical few months I will consider a part-time leisure
geographic decision-making that will impact City Hospital in Dallas. After graduating from industry job to earn the $12 grand that I am
the timing and direction of an individual’s Southern Methodist University (the only other allowed without a SS offset. I’ll be updating my
career development process. The message school to have a rotunda on its campus), she address and phone number in case anyone
being that most ‘career’ decisions are not driven went to Baylor Nursing School. Our middle wants to call during a visit to Lake Tahoe and/or
by business/job promotion factors. I believe our daughter, Lauren, will be getting married on Reno. Best wishes to all!”
class is a unique slice of the American business July 7, a most popular date. So popular in fact Gary Holloway missed reunion but passed
experience and would be a great, cohesive that over three times as many couples are tying on this note, “It doesn’t look good for me being
model of how personal career management the knot during this first week in July than is there. I will be in Japan but if things change I
decisions are made. It was the Reunion that historically the case. Lauren continued our will try to come. Say hi to everyone for Julie
got me thinking about us as a group. It seems a Virginia connection, getting her undergraduate and me.”
bit too late to put together something formal. and graduate degrees at James Madison Bitsy McKay sends this news: “I’m in Stuart,
But I was hoping that over the weekend we University, and is a special education teacher FL now, east coast. Saw Tom Whelan down here
could mull over the idea’s merits and get a in the Arlington, VA, school district. She does when he came to visit one of his companies.
sense about how much and how many folks report that her interest in special ed derived I’m working as adoption counselor/marketing
would be interested in such a project.” (Sounds from her having to deal with me as she grew for the Humane Society of the Treasure Coast,
very interesting, Mike, and I’m sure that others up! Kim, our youngest, is a sophomore in high hoping to fully retire soon and travel! No family,
in the class would be willing to help … though school. Wedding planning and a bridal shower just cats and Florida sun.”
anonymity may be a prerequisite to protect the precluded us from attending the reunion. Mary And last, but never least, Mike Doepke
guilty among us!) and I look fondly back on our time at UVA, reports that, “I really regret missing the 30th!
Other news from those who were unable to marriage at the UVA chapel and reception in Especially after Dennis Malloy filled me in
attend included Craig Sullivan who said, “Just Dean Sheppard’s Pavilion garden. Oh, those on the events of the weekend. My wife, Mary,
a quick note to say hi. I’m sorry I couldn’t make were the days.” and I started our own business, Home Helpers,
the reunion. Scott Harris and Donn Hutchins (Hola! Great to hear from you, Ted … and two years ago, and it has been difficult getting
were nice enough to track me down but I now we know where to go for the catering of our away. I’m sure that by the next reunion, we’ll be
wasn’t able to get back there. 35th Reunion or Fiesta! Anybody out there working retired millionaires and we’ll have no trouble
I joined Countrywide Securities in February with a tequila company?) getting to Charlottesville! (Mike, you would not
2006 and we opened an Atlanta office last Speaking of Hal Hutchinson, he writes believe the things that Dennis said about you!
summer. Interesting environment given all the about a career change from last fall that missed Some of us tried to stick up for you … but you
subprime news … but we are doing well.” our class notes … Hal writes, “Just a brief note to better come back and defend your honor at our
(Craig we all hope to see you in 2012!) bring you up to date. I joined Premio, Inc. at the 35th!)
And now, after a slight lapse in contact, we beginning of September. Premio is a contract Well that’s about it for now. If these reunion
hear from Ted Gardner! He reports: “OK … so manufacturer for the electronics services ramblings stir an interest to contact some of
I’ve been putting this off for a decade or two! industry. We are fairly small but growing. I like your fellow classmates but you don’t know how
Not the best time management. (By the way, the people and am enjoying the challenges. to reach them … simply drop me an e-mail and
I’m the Morton Frozen Foods guy. I believe you Dawn and I are enjoying the weather in I will get you the latest information the school
falsely accused Hal of that a couple of issues SoCal and beginning to make some home has on file. Or if you’d like to share an update …
ago.) After about 10 years, my career took a improvements.” do the same and we will get it in the next Class
decided turn to the Mexican Food side. I’ve had And speaking of transitions, Dick Ewing Notes.
a couple of senior management positions over has a couple major events to report! “I do
the last 20 years in US operations of leading have some significant news to update. I am
food manufacturers from Mexico. Mixed in with
that was a stint as president of the specialty
a grandpa for the first time. Annie, who was
almost 4 at our graduation, gave birth to Luke
’78 Reunion
food and general merchandise/health and Andrew Newman on Cinco de Mayo in Los Joy Hoffacker
beauty care divisions of Unified Western Gatos, CA. Mom and baby are doing well at Missie Weigel Ludlow sends this: “It’s been
Grocers, the primary grocery wholesaler on home following a few minor complications. He a good year. I spent a week with classmate
the west coast. I am currently president of was 7 lbs. 15 oz. at birth and is rapidly going up Joan Barrett and some other women in
authentic specialty foods. For the east-coasters from there! As for me I will be retiring from my Harbor Island. Great time. My boutique
in our alumni fraternity, its Anglo brand—La Condo Hotel position at Donner Lake Village investment banking firm is starting to get real
Victoria, is the left, er, West Coast equivalent to Resort in Truckee. I will be moving to Reno, momentum, we have doubled in size from
what Ortega is on the East Coast. The authentic NV (to shelter both my Navy retirement and two people to four.
Mexican Brand is Embasa, which comprises Social Security from California income taxes, “The end of the college search was
a host of Mexican vegetable products, but among other reasons), and so I can get away bittersweet. Ben will not be following in his
primarily jalapenos, tomatillos, serraños, from the harsh winters. I will be looking to buy mom’s footsteps and going to UVA. He will
chipotles and the like—basically all that good, a property relatively soon. I will first be renting be going to Dartmouth, where he will be a
hot stuff that clears out all parts of the sinuses a golf course-view townhouse while I transition lightweight rower, so I can’t complain.”
and digestive system –I know, it’s more than to the easy life. I will be celebrating my freedom Mary Woodford writes, “Things continue
you wanted to know. Last week, our parent with an 11-day visit to Hawaii during which I to go well for me and my family. It’s been five

www.darden.virginia.edu • 49
Class Notes
years since I moved to Cornerstone Research,
and it’s been great! Have been very busy on
’79 historic Spray Mercantile building, located on
the Smith River at the site of what was once
some very interesting patent infringement Bill Bunn the Spray Cotton Mills. www.danriver.org is our
cases in the Eastern District of Texas, currently a web site. 
Philippe de Laperouse was appointed
very busy venue for patent cases. “Life is very different here—but quite
director of the HighQuest Partners Global
Both of my stepdaughters are doing nice. I really appreciate the pace of life and
Food and Agribusiness Practice and new office
well—one working on a Ph.D. in history at Yale, friendly people, especially after the traffic and
in St. Louis, MO. Philippe had been a principal
the other heading to Berkeley this fall to study din of the Washington area. This region has
at Vanikoro Advisory where he advised clients
international public health. been hit hard by the loss of major industries.
on financial and global expansion strategies.
My husband and I had a wonderful golf trip But it’s only about 30 minutes to the sushi
“I am working with a wide range of clients
to the Reynolds Plantation in Georgia last fall, bars and running trails of Greensboro (about
on a global basis in the food and bioenergy
spent a wonderful week with some great snow the time it would take to drive two miles in
value chain on strategy development and
in Vail in February, and have another golfing Northern Virginia rush-hour traffic). And there
implementation projects,” he writes. “Have been
trip coming up this fall in Hawaii. It seems we are lots of real estate bargains around; you can
in touch recently with other Darden alums
don’t do museum type trips....” buy a mansion for less than a condo would
including Missey (Weigel) Ludlow who has an
Paul Rubin reports that he is still consulting cost in Northern Virginia! I am hoping that my
investment bank based in Cincinnati focused
on the QAD ERP package; however, he is work here will help re-build the local economy,
on the energy sector.”
working from home for a change on a project in to support sustainable economic growth and
Paul H. Sartori, Ph.D., writes, “Anne and I
Memphis. This gives him time to lead meetings nature tourism, something that cannot be
moved back to Charlottesville in November. In
for a fund-raising bicycle ride to help the Wolf outsourced to China!”
2005, I had taken a leave of absence from CHM
River Conservancy, a local environmental Timothy Leahy reports, “I’m planted still
Partners, a management consulting firm where
group. Paul is keeping fit as he trains for the in Annapolis, MD, now as director of the
I am a Partner, and served full-time as Global
Memphis In May Triathlon. consulting group for a small software company
VP—Organization Development for Focus
Charles de Mestral sends this update: in the CRM space. Our two daughters are off to
Diagnostics. We successfully sold that business
“Our oldest son Olivier (born in 1978 college, Siobhan at College of Charleston and
to Quest Diagnostics in 2006. Since then, I
in Charlottesville, godfather is Vernon Kathleen in the E-school at Virginia (Wahoo!).
have returned to management consulting
Himbauch), has been married to Stephanie Time certainly has passed quickly, and I am now
with CHM Partners primarily working with
for two years now. Both are bankers in Geneva, looking to early retirement and a second career
and advising pharma and diagnostics firms.
Switzerland (BNP Paribas for Stephanie and delivering sailboats, perhaps. Best to all of the
Additionally, I am on an Advisory Board for Tau
Union Bancaire Privée for Olivier). Our second class of ’79.”
Therapeutics, a Charlottesville start-up and
Son, Louis, is completing a master in Law
was elected Treasurer of the Curry School of
at University of Geneva, having obtained a
Education’s Foundation. Most importantly, our
bachelor degree at the same place.
“Our youngest son, Gabriel, has completed
granddaughter, Kennedy, lives in Harrisonburg ’80
only an hour from us now.”
a bachelor degree in economics at the Claire Terry
“I have joined a new global senior
Universities of Lausanne and St. Gallen (both Dear Classmates, My request for retirement
executive search firm as the head of their NYC
in Switzerland). He has found a temporary thoughts brought news of everything but
office effective Jan. 15,” writes Mike Wellman.
job at BNP Paribas also and plans to begin a retirement!
“We are the oldest/newest global search firm
master degree at the University of Milano (Italy) Mike Butler sent in this report after the
after our spin-out from EDS just over a year
next September with a specialty in the luxury last issue came out: “Last winter, after 25 years
ago.” Mike is with Edward W Kelley & Partners as
industry. with Gillette, I moved to an operations role
a managing director in the technology practice.
“My wife Francoise is now the vice with Boston Scientific, a medical device maker.
He also leads the firm’s New York office.
president of the so-called ‘Cercle du Grand It has been a nice change - but plenty to do in
“On the home front, my family and I
Théatre’ also in Geneva. This organization a relatively young company that has grown so
will be relocating back to Darien, CT, from
regroups individuals and corporations who are quickly. The classes with Profs Colley and Davis
Columbia, SC, this summer after my middle
amateurs and donors for the Geneva opera. still apply. Away from work I’ve been involved
son, Ben, graduates from Heathwood Hall
With her drive and enthusiasm, this has become in my home town of Dedham, MA, serving
Episcopal School here in Columbia,” Mike tells
a full-time job and in close cooperation with six years as an elected member of the school
us. “He will enter Syracuse University’s School
the staff of the opera, which makes it very board. All of those Darden discussions about
of Engineering in the fall. With my oldest son,
interesting also. I am very impressed: Francoise stakeholders and strategy proved invaluable.
Mike Jr., a rising senior at Davidson College, I
has been able to generate significant increases I also served as an examiner for the Baldrige
will have the distinct pleasure of two college
in donations to the opera. National Quality Award, awarded annually
tuitions to cover next year. My youngest, 13-
“I am the CEO of Winstar Resources, a by the National Institute for Standards and
year old Zachary, will give me a chance to catch
Canadian corporation, listed on the Toronto Technology. These days I serve on an advisory
my breath before he enters the college ranks.
Stock Exchange. We explore and produce oil council to the Massachusetts Department of
Bill Creason has joined Stites & Harbison, a
and natural gas in Tunisia, Hungary and Alberta Education focusing on parental involvement.
300-attorney, southeastern law firm with offices
(Canada). We have a market capitalization of For fun, we sail, ski, lay on a beach, etc. In
in Kentucky, Tennessee, Indiana, Georgia and
approximately Cdn $150M. The company is October my wife and I spent a week in Ireland.
Virginia, as the executive director of marketing
doing well so far. We still leave near Geneva, I ran the Dublin Marathon with eight running
and client development. Working with 300
Switzerland.” buddies—a great course through the city’s
lawyers is a lot like “herding cats,” Bill writes.
Katherine Koelbel Mull writes, “I have moved neighborhoods and parks. The Guinness
to rural North Carolina, to live and work restored us.
in Eden as executive director of the Dan River Corky Clarke checked in with this update:”
Basin Association, which also has a Virginia I am still with the company that I started with
office in Collinsville. The NC office is now in the out of Darden (20 years as Champion, then six

50 • DARDEN Spring 2007


years after purchase by International Paper, almost gone native, though I remain a Red Sox ’06) to develop medical offices in Florida.”
and since Aug 1, 2006, as Verso Paper, a spinoff fan. In some things birth is destiny. Three sons Karen Yelick is celebrating 20 years with Merrill
of the coated paper business of IP to private (fraternal boys, 13 and a 10-year-old) keep us Lynch in May and her 20th wedding anniversary
equity group, Apollo). Living in Wayne, PA (since busy. Last year we adopted the one sport/one with Jeff Vorchheimer in August. Their oldest
’93). Enjoying travel, sailing in BVIs and catching team per season rule in an effort to preserve son Adam is graduating from Summit High
up with friends. Still maintain contact with family sanity.” School and will be attending Hamilton College
Darden study group (Ken Seal, Gene Childs Bob Byrne has joined the entrepreneurial in the fall.
and Art Gilbert) although I am by far the most wave with his new venture: “I am in the process Kirt Kirtland writes, “We have now been
delinquent correspondent. Kids are grown and of launching a new business called Robert in Cleveland, OH, almost four years, having
have migrated north, Matt, 26, as 8th grade J. Byrne & Company which is a investment moved from the Chicago-area in June 2003.
science teacher at Fay School in Southborough, advisory firm currently registered with the Since graduating from Darden I have worked
MA, and Lindsay, 24, as teacher at Waynflete Commonwealth of Virginia. The mission is to in real estate finance with several banks
School in Portland, ME. With Lindsay’s initiative, provide the best possible investment advice including Bank of America, Key Bank and
we have formed a non-profit organization at the lowest price as a fee-only advisor most recently, US Bank. This past September
called Breaking-Ground. Providing grassroots, specializing in asset management and I moved to another firm, LFC Securities, here
sustainable, community-based assistance in investment counsel, with a focus on using index in Cleveland as director-investment banking
two areas of Cameroon (west central Africa). funds and exchange traded funds to meet long- with a concentration on the real estate capital
Planning a trip there next year. Here is the link: term growth of capital goals.” markets. My wife, Delene, and I have recently
http://www.breaking-ground.org/index.html.” Bob Henderson and I keep up with become empty-nesters with the graduation of
After many years of consulting in the collegiate baseball as his son, Bobby, pitches our daughter, Morgan, from the University of
cable TV industry, Greg Islan has just become for Eastern Michigan University, and Ted Terry’s Colorado-Boulder this past week. We’ve started
executive director of Children of Fallen Patriots and my son, Ben, play at Wake Forest now. to engage with the local UVA alumni group and
Foundation “which was established four years Bob is still in the business of making car parts, would love to hear from other Darden alumni in
ago to ensure that every child of every fallen but the summer gas prices have them holding Northeast Ohio.”
service member from across all the Armed their breath.” Darden alums can help me out by Jehanzeb “Zeeb” Khan offers this fond
Forces is accounted for and provided the buying (or leasing) a Honda Accord, a Pontiac reminiscence, “Regretfully I have been unable to
financial means to attend an undergraduate Solstice, a Saturn Sky, or a Jeep Commander! attend reunions at Charlottesville, and I am sure
institution. What began as a smaller role to help Some great sales being offered this summer!” the loss has been mine. Perhaps I can someday
a limited number of children each year has I guess it’s too early to ask the retirement attend. I particularly cherish the fond memories
become a much larger endeavor due to the Iraq question since the only response I got about it from my Darden days, and the time I spent with
war,” he writes. “Life is good here in Connecticut. was from Frank Kinder: “Retirement? I’ve got fellow Wahoos like Mike McCahon (enjoyed
One daughter is finishing her junior year at 3 kids under the age of 16! I’ll be working until many Sunday breakfasts at his farmhouse,
Dartmouth and our second is finishing her I die.” Frank added that he hopes everyone will and I met up with him and his wife last year),
freshman year at Williams. Our son is just starting participate in the Darden Fund this year. Charlie Kurtz (spent a great Christmas holiday
the process as a high school junior. Lydia, our Harrison Turnbull reports that his firm Waverly with his family in Pennsylvania; used to drive
Dartmouth daughter, has worked for Tom Partners has been ranked among the “40 me to school when I had broken my leg), John
Laster’s company for the last six to eight months Largest Retained Executive Search Firms” in the Jepsen (oh, the lobsters he cooked for us),
helping edit a chemistry text book. My wife Anne United States by Executive Recruiter News, a Rob Christie (spent the summer with him
and I saw Tom and his wife Lorrie last summer. leading informational source of the executive ‘working’ for Prof. Alex Williams and perfecting
I still see John Rockwell on occasion—hard to search industry. our volleyball skills, and the great sushi dinner
break those study group habits. As managing director and one of the in Los Angeles), Ann Marshall (who whipped
Gary Becker sent the following update: firm’s original founders, Harrison said, “We are my butt in squash, and I taught her a thing or
“Just a quick note to say that I’ve relocated my pleased to again be named to the top 40 list, two about field hockey), Bill Matthews (‘Beeeill’
commercial real estate business to the Raleigh/ although being among the largest firms in the tried to teach me to speak Southern), Ginny
Research Triangle area of North Carolina. After country has never been our goal.” Gibbs (one of my favorites, I still enjoy writing
deciding to leave the corporate world about That is all for this report. If you missed this to her), Rama Singhania (met up in India, and
five years ago, I opened up a commercial real issue, send me your comments for the next in Dubai recently), Peggy Hasling, Joe Sroba,
estate business in the Finger Lakes Region round. Till then, have a great summer! Kevin Oliver (spent a lovely weekend with him
of Upstate New York. Now, with children in at their weekend beach home in North Carolina
college, there are fewer geographic ties to and heard many entertaining stories about his
the New York area, and we decided to move sailing adventures), Ed Shapiro, Marcia Hass
down to this economically vibrant area—not ’81 (loved her donuts and coffee during study
to mention the winters are a lot shorter too. group), Rob Van Tassel (of the ‘Van Tassel Grid’
Alton Martin
I’m looking forward to the opportunity to meet fame), Paul Rocheleau (met up in LA in ’84),
alton@copc.com
other alumni in the area.” Norm Davis, Steve Milford (he used to get a
Mike Donoghue described his company in Jim Baker writes from Raleigh, NC, “The only laugh out of everybody), Sandy Selby (fond
his recent note: “Spring Capital Partners (www. news from us is our daughter Sarah Baker will memories from playing field hockey), Niels
springcap.com ), the mezzanine capital firm attend UVA next fall as an entering first-year Hagglund (I was trying to pass him the soccer
I co-founded in 1999 raised a $113M second student. “Our son, Jim Baker, III is graduated ball when I broke my leg!), George Holland,
fund last year. The current expansion is a great from Vanderbilt University and has started Sarah Brown, Greg Fulton, Nic Genua. I also
environment to sell maturing investments into, his own company, Lundy Charters, which have pleasant memories of Alec Horniman,
but a challenging one in which to put new specializes in Virgin Island and Out Island Sam Bodily, John Colley, Sherwood Frey (I can
money to work. We are digging deeper for new charters and tours: www.lundycharters.com. never thank him enough for forgiving me for
opportunities these days. Gale and I continue “The real estate company, The Lundy misbehaving in his class),
to call Philadelphia home. After 27 years I have Group, Inc. has partnered with David Cash (MBA While I did not attend the last reunion, I

www.darden.virginia.edu • 51
Class Notes
embarrassing) to mention, we came from studio in Sausalito that overlooks the San
behind in the 9th inning to stomp the younger Francisco Bay (keep eating). Check out her work
guys in a hard fought battle. (Okay, perhaps at www.ChrisAdessa.com. If you venture to
they let us win, but it felt good just the same.) Sausalito over Labor Day weekend, please stop
Kudos to designated pitcher David “Hanging by and say hello. She’ll be exhibiting there at
Curve” Hillman and catcher Duane “Out At The the city’s Art Festival...
Plate” Gelderloos, and a special Purple Heart to Mary K. Van Amburg, with IBM Global
Dief for the Barbero-like performance, suffering Small and Medium Business, is sending her
a hamstring pull in the outfield chasing a daughter to Swarthmore next year, and her son
towering fly ball (no, he wasn’t even close to will be spending his junior year in China (he’s at
Patrick Graney (MBA ‘81) with son Patrick (MBA catching it.), then driving in many runs as a Rice University).
‘07) at Darden’s graduation. one-legged pinch-hitter. Garrett Verdone, after 25 years at
The Slide Show. Catherine (Colavecchio) JPMorgan Chase, has joined Wachovia Bank in
don’t want to miss out on all the news on who’s Foster not only organized Friday’s dinner, NYC as Commercial Risk Director for New York
done what, and who’s who now! So please but she also put together a fantastic 430- and New England.
send me detailed updates on all my friends, and photo slide show set to “period” music that Reunion News Flash: Michelle Guinee
write me at jehanzeb_khan@ici.com. wowed everyone—including the four profs in gave us plenty of evidence that she hasn’t
As for me, I had gone West after graduating attendance, John Colley, Phil Pfeiffer, Brandt changed one bit since ’82 (come to think of it,
from Darden and worked with my family’s Allen, and Alec Horniman. Rumor has it that neither has John)! Good thing, too…
automotive workshop business in Los Angeles Alec was brought to tears by the show! (Or was Want to know how to write a heartfelt note
for a couple of years before returning to it the spicy appetizer?) We’re trying to make to your classmates? Just read this excerpt from
Pakistan, where I have been working since with DVDs available to all. a long note from George Shipp.
ICI Pakistan, a subsidiary of ICI PLC, a British Mike Diefenbach & John Reilly. Like the “Dang, we had one heckuva life-altering
MNC. Over the years I have been involved in Stones or the Eagles, these guys will never quit experience [at Darden], and the memories are
the pharmaceuticals, polyester fibre, and the touring, bringing us old favorites from 25+ vivid and I just really appreciate every single
chemicals business that I now head as general years ago (like “Darden School Blues.”) Their one of you. Sorry I haven’t said that to you over
manager based in Karachi. That’s enough about Friday performance at the class dinner was the years but now’s the time. I have been awed
work; I also got married to Kamila back in ‘86, first rate, and they even stepped up and sang by your accomplishments. I was still trying to
and now have three children ages 20 to 9. My with the band at the Saturday night gala! Their figure out the code to my building when some
eldest daughter is studying Art in London, and creativity and talent was only surpassed by of you were already retiring, or if you were
my son and youngest daughter are still in school. their bravado and engaging vocal and guitar more of a slacker, maybe just jetting around
If any of you travel to this part of the world, skills. Surely, these guys are OUR American with Steve Jobs, running Medtronic, or simply
please get in touch—I would love to meet up Idols! coining it in the VC or private equity worlds.
with any of you. The Saturday Night Party and Band—Class Anyway, kudos and again thanks for just letting
Act. The band rocked and the Class of ’82 me hang out with you for a couple of years, I
proved once again why we were voted Best absorbed what I could, and try to notice where
’82 Partying Class in school history, as we were the you are and what you are doing even today. I
only ones left standing at 1:30 a.m. love reading about your families, I have been
The “Pajama Party.” Names will not be saddened by a couple of tragedies and wish I
Mike Diefenbach
mentioned, but six of your classmates chatted it had done more at the time, and just want you
3701 Massachusetts Ave., NW #401
up until 3:15 a.m. The suitemate hosts provided to know that indeed you made and make a
Washington, DC 20016
a wonderful late night spread of brie & crackers, difference in my life.
mike.diefenbach@gmail.com
popcorn and champagne (!?), while the women “The “Disney version” of what I’ve been
Special Co-Columnist: David Graham
shared stunning stories about love and desire up to is: Married for three years to a sweet
They should have charged us more… at the half-century mark. ex-guidance counselor. We now are proud
Our reunion weekend was simply amazing. The Proposals to Reconnect More Often. I parents of 15-month-old Mary Turner, who of
We had 43 classmates return, and it was as if we don’t think there was a classmate in attendance course is incredibly cute and smart, just like
had never left. who didn’t really enjoy being together again. her daddy. My 18-year-old son Fitz just got
The Weather. Perfect. Charlottesville has Few classes since ours have built community back from spring break in China of all places,
never looked better than it did on a warm and like we did back then. Ideas are circulating and is headed to Paris for his “senior project” (kids
sunny weekend. “mini-reunions,” and unofficial events are being these days!) and is heading off this fall to U of
The North Grounds. We were 20 years too discussed. Be on the lookout for Darden ’82 Chicago rather than dear old UVA (much to my
early to have classes in such a stunning, world- trips to NYC, barge touring in France, and a chagrin). He’s a serious young man who also
class facility. As one classmate put it, “Think single malt and golf tour of Scotland! happens to have won the city-wide community
how much smarter and more successful we’d be A Few People Updates (sorry, but we service award (works with mentally challenged
if we schooled at THIS campus!” . forgot most of the live ones we heard). Duane adults) among other accomplishments. Fifteen-
Friday Night Dinner. A wonderful start Gelderloos is keeping busy at DoD’s Business year-old Alice is a volleyball beast, an opposite
to the weekend at the Boar’s Head. So many Transformation Agency developing their personality-wise who is “all-cell-phone, all-IM all
surprise guests arriving…so many stories, business enterprise architecture and trying to the time”—in other words, a typical teenager,
updates, laughs and hugs. What a love fest, bring some order to the large number of non- but growing up too fast, which I’m sure sounds
with no small part in it played by beloved sole integrated, duplicative business systems DoD familiar to many/most of you. Of course I am
prof guest Sherwood Frey. operates. This could take a while… proud of both of them, wish I could take some
The Softball Victory. We challenged the Chris Adessa sends her best from Marin credit but have simply been blessed.
Class of 1987, and despite a slew of injuries County, CA, where she’s a landscape painter “After beating my head against the wall for
and other maladies too numerous (and (eat your hearts out). She works out of her the better part of 17 years as an analyst trying

52 • DARDEN Spring 2007


to get money managers to buy my ideas, I have inducted into the University of Richmond’s Noah, the beginning of July. Still working
seen the light and am now one of them. I run Hall of Fame. While attending U of R as an with AT&T, living on Galveston Bay, and have
a couple of BB&T-brand mutual funds, one of undergrad, Margaret was the recipient of participated in a few Darden-Houston Alumni
which ranks first (of 493 funds) in its Lipper varsity letters four years running in basketball, gatherings recently.”
category for the last 12 months and the other field hockey, lacrosse, and track. Her 1976-77 My desperate plea for notes was heeded
ranking in the top-10 in its category. Amazing basketball team went 13-5 and was the best by Jonathan Sklar, who now lives in Vienna,
for a guy who, as you must have realized, would team in U of R history at that point. Margaret VA, with his wife, Debbie, and two young
not have made it out of finance class without the was also the first woman to receive an athletic daughters (ages 6 and 8). “Our lives are
Coogans and the Funk arguing the finer points, scholarship from U of R. Seems like a well complicated by ongoing renovations to our
nor Rick Steinbrenner’s precision highlighting deserved honor indeed. home, leaving very little peace!” he writes.
of the important case facts in the row ahead of Wendy Enikeif Boortz has changed jobs “On the business front, my company (Spexus
me. (Hate to exclude the rest of you.) and is now working as assistant director for Inc.) has grown nicely after opening a federal
“So all is happy, and this would have been a the Ohio CDC Association. The CDC supports consulting practice, and then we grew the
great year for me to trek to Darden to toast you community development corporations around commercial consulting side after completing
and pretend I am some ‘semi-hot-shot-king- the state. She ‘s been writing grants, updating three small acquisitions over the last 18
for-a-day-with-my-life-all-together.’ Instead, I the CDC’s website (www.ohiocdc.org), bidding months. Our target for the end of 2007 is to be
just send a bear hug to all, and a huge thanks and awarding training contracts, organizing the at 60 people.” Congratulations, Jon, and thanks
for your counsel and friendship 25 years ago. I office, troubleshooting, developing marketing for your response.
don’t need to pull out the orange facebook of materials, and anything else that comes along. Our classmate Bob Peery wrote from
resumes to remember you, and am truly sorry Sounds like a big change after three years in the Richmond: “Hey Debbie, I’ve got an update!
that we didn’t make it up to see you (this time). mortgage lender business. My son, Camp, will be attending UVA next
Again, I just wanted you to know you that I still fall along with his good buddy, Liza Tullidge
feel connected, and am grateful for that.” (Cathy and Tom’s daughter). Liza and Camp
Can’t follow that. ’Til next time….
’84 checked out the frat life last weekend at UVA,
and a good time was had, as they say. Hope
Debbie Shinault McPhillips
’83 Reunion mcphive@mindspring.com
you and yours are well!”
Camp and Liza will be in good “legacy”
Mitch Bland Hello again, Class of 1984! Is it just me or company at UVA. Tom Inglesby wrote, “My
Mitch.Bland@cableone.net we all getting old? I seem to be celebrating son Tad is a first-year student at UVA, and
Dear Fellow Classmates, fiftieth birthdays with great frequency lately. a pledge at the Pi Kappa Alpha fraternity.
As you will recall, two years ago our fellow I really should get some friends my own age. When I visited the fraternity in late March for
classmate, Kitt Moore, lost his valiant fight for Oops, that IS my own age! Parents Weekend, I learned that one of the
his life. Kitt was treated at the Brain Tumor I’ll start these notes with an update I’ve fraternity brothers who would be torturing
Center at Duke where he underwent many been carrying around in my purse since my son during hell week was none other than
hours of treatment in the kind and caring hands December of 2006—it’s a miracle I remembered Billy Utt, son of our Bill. My son has since
of the staff there. it (there goes that age thing again). Mike survived hell week and now awaits finals. Also
Since this time Kitt’s widow Holly has Weatherholtz wrote that “Our family lives got news from John Fowler that he will also
continued her contact with the center and has in Spartanburg, SC. We very much enjoy the have a son at UVA for fall ’07. “I continue to
become very active in fundraising for them. This area—near the mountains and only three to manage the CLO business at a private New
year, Holly and her family have put together four hours to the coast. One son, Jared, who York investment firm called GSC Group,” John
a team to support these efforts as part of an will be graduating from Belmont University in writes. “In March, we converted the assets from
annual walk. The name of their team is “Kitt’s Nashville, TN, in May ’07. My wife, Lori, is active one of our private funds into a publicly traded
Crew.” in the community. She grew up in Nelson business development corporation, called GSC
I’ve attached a letter from Holly which asks County, VA. Professionally, I’ve been with Investment Corp. Trades under ticker GNV, and
for your support during the walk, which takes Milliken & Company here in Spartanburg for 22 I am CEO.”
place April 28th. Please take a second to read years now.” Tim Laseter will be racking up the frequent
her letter, and if you can, please help remember Another classmate with a short post- flyer miles in the coming months. He wrote
Kitt. Darden resume, Hugh Shannon, sent an email: that “next academic year I will have a number
Sincerely, “Twenty-three years after graduation of visiting teaching appointments at schools
Mitch Bland I’m still with the same employer, Bank of around the globe. I’ll be teaching two courses at
Class Secretary America (good old NCNB back in 1984). I was IESE in Barcelona in November and December.
To read Kitt’s Crew Letter, please visit: recently named the senior credit risk approval One will be a version of the Operations Strategy
http://files.e2ma.net/1405/assets/docs/ executive for Family Wealth Advisors, which Elective that I have taught with Ed Davis for the
kittcrewletter.pdf. in plain English means that I’m head of credit last couple of years and the other will be a new
And now, news from our classmates…. risk for our ultra-high net worth group. Also course based upon my latest book, Strategic
Randall Beard is now working at UBS just got back from Paris celebrating my 20th Product Creation, co-authored with Ron Kerber,
Securities as managing director & head of anniversary with Katy. Unfortunately I didn’t former chief technology officer of Whirlpool. I’ll
global marketing in their wealth management run into any Dardenites on the trip (although be at the London Business School in January
& business banking sector. At UBS, Randall I remember running into Stan Allen in the teaching a short course on Global Supply Chain
heads a team of 450 and an annual marketing Atlanta airport many years ago on a trip to Management. Between February and April I
spend of $ 400 million. Prior to that he spent Europe!).” will be teaching a similar course at Emory in
five years at American Express as Senior VP of Steve Mewborn, AT&T global account Atlanta (Mondays and Wednesdays) and may
Global Marketing & Product Management for director, is staying busy in Texas, and is about be teaching an Operations Strategy elective
per paid products. to get a lot busier. His daughter, Marina, “just on Thursdays at the Stern School at NYU. So,
This January, Margaret Stender was turned three, and we are expecting a son, ask our classmates to look me up if they’re in

www.darden.virginia.edu • 53
Class Notes
the same places and times. (But, by the way, daughters’ lacrosse and soccer schedules. My still doing penance in the telecommunications
I’ll still be based here in Charlottesville so I eldest daughter Annelise (almost 15) plays attack industry for the excesses of the late ’90s. I am
hope anyone coming to grounds also checks for the JV lacrosse team at the Peddie School in senior vice president of corporate development
in!) P.S. The book, published by McGraw-Hill nearby Hightstown, NJ. Mia, 12, plays midfield for XO Communications in Reston, VA. The
in December 2006, has a chapter on Disney and Gennie, 10, is enjoying being “the keeper” kids are doing great and are continuing the
Imagineering and accordingly features Don (goalie) on the same club lacrosse team. Mia also Virginia tradition. Andrew (College ’05) is now
Goodman. Buy it on Amazon.com and learn plays travel soccer and is a sprinter for the school a fundraiser for the Democratic Congressional
how a former CPA ‘orchestrates’ one of the most track team. Sports are good.” Campaign Committee. Class members may
creative organizations in the world!” As I struggle to juggle our family’s three remember Andrew toddling around at Darden
Ted Balph recently joined Tim in the baseball teams, two lacrosse teams, soccer functions. Kevin will realize a lifelong dream
hallowed halls of academia. Ted has moved team, track team, gymnastics, swim team and when he starts at Virginia this fall. Grace is
from California to Albuquerque, NM, to be chief co-ed company softball team (my husband finishing 7th grade and is very busy with all her
investment officer for Albuquerque Academy. I and both play, although I’ve threatened to middle school activities.
On March 1 he assumed management of the retire now that I’m at the half-century mark), “I see and talk with Tam Murray. We are
marketable securities portion of the academy I couldn’t agree more—but I need a little neighbors in Alexandria and share a common
endowment, reporting directly to the board stress relief from the logistics of our family’s joy in watching our kids play lacrosse.”
of trustees. Plans are for Ted to succeed the stress relief! ’Til next time, Debbie. P.S. please,
academy’s treasurer upon his retirement in please, please send me updates! This is my
June, 2008. Prior to joining the academy,
Ted was managing director—West Coast
shortest column ever and I have a reputation to
maintain, you know!
’86
for the Commonfund, managing in excess Gregory Yorke
of $4B in assets for more than 60 schools. darden86@yorkefamily.com
No doubt Ted will continue to pursue his
long distance running and triathlons at his
’85 In contrast to the last issue of the Alumni
magazine, where the 1986 class notes
new location. I encourage you to read the Gary Hatter spanned several pages, this time there’s not
article at www.aa.edu/alumni/news_detail. much to report.
Ed d’Agostino shares the sad news that Ed
asp?newsid=358733. If you didn’t receive an email from me in
VanTassel lost his battle with pancreatic
Another classmate who will be on the early April begging for contributions, please let
cancer Feb. 26. “Ed was one of the strongest
move this summer is Marty Curran. He was me know your current email address so I can
willed people that I have ever met,” Ed
recently elected senior vice president and bother you in six months for the next issue!
d’Agostino writes. “He did things his own
general manager of Corning Optical Fiber. Last fall Ellen Brittain Williams wrote
way and was never afraid to speak his mind.
He’ll be moving his wife Suzie and their two in for the first time. She and Curtis are in
His dry and sometimes caustic humor was
daughters (Cara, 15; Kaylyn, 10) to Corning, NY. Birmingham, of course, and busy: “Outside of
a constant source of entertainment both
Congratulations to you as well, Marty! work, school PTA, work with AIDS Alabama
at Darden and thereafter. Ed had a very
I received an update from another Richmonder, and church activities, Curtis and I are working
successful career in investment banking,
Lou Gary: “Still at Hamilton Beach/Proctor- on a new sport for us—fly fishing. He actually
most recently at CS First Boston. He is
Silex, but our company is about to be spun catches fish. I usually catch trees and bushes.”
survived by his 4-year-old son, Skylar.” The
off from our parent to become Hamilton Ellen is now the HR Director at the Birmingham
funeral was held March 5. Ed d’Agostino
Beach this summer. This is big news after our News; after 15 years at Protective Life, she
notes that if anyone in the class would like
attempted acquisition/merger of one of our recommends changing industries after 50
more information, to contact him at edags@
competitors last year fell through. No change to everyone. Their kids are both in high
eathlink.net or 610.348.3932.
in basic company structure will result, but we school; their daughter Britt is goalie on a state
Bill Pearce reports, “Continue to manage
will be poised to grow further and participate championship soccer team, and at 6’7,” son
emerging markets private equity investments,
in the industry consolidations. I am currently Jonas spends a lot of time under, around, and
now as an LP with OPIC in WDC. Family life is
managing the client services team in the possibly over basketball hoops.
fantastic, with my wife, Sarah, and our almost-
information services department. In this role Our Richmond correspondents—Scott
three-year-old, Natalie, who is effectively our
I have been involved in all the standard IT Cardozo, Bob Louthan, and Chip Bassett—all
24/7 single hobby these days!”
areas of concern: outsourcing, service level had comments on their children growing up.
Joyce Rothenberg writes, “I made a
management, customer service, vendor Scott Cardozo is running a firm that
career change in January. After 11 years as an
management and negotiations, IT governance, manufactures devices that diagnose sleep
independent marketing consultant, I closed
etc. On the personal front, I won the company apnea. “Yes,” he writes, “there are Darden grads
up shop and became the director of the
golf league in 2007, so my priorities are still that actually produce and sell a product.” He’s
Career Management Center at the Vanderbilt
straight and I continue to sharpen my saw!” sure they’re about to catch a big demographic
Owen Graduate School of Management.
Laurel (Schultz) Quinn wrote, “This past wave: “since sleep apnea is associated with
Everette Fortner at Darden was really helpful
winter I worked part-time in the admissions age and obesity, I think it’s a market that will
in providing insight into the position and the
office at Princeton University. I learned first be around.” He’s not looking forward to his two
challenges faced by people in this position. I am
hand what it takes for a high school senior to daughters becoming teenagers.
happy to report that with five months under
gain acceptance to this hallowed institution. I In response to my notion that recent
my belt I’m really enjoying my new career. It’s
had a lot of fun and met some intelligent and classes must text or IM their class notes, Bob
really fun to be interacting with students on
kind people. I am again ‘just a mom’ now that Louthan proposes that the class of 1986
a daily basis and to have the opportunity to
the peak admissions season is over. As I have show them all up with video podcasts. Left
sit in on classes that interest me, and I’ve had
always suffered from spring fever, this is a good unanswered is the demand-side problem: do I
the chance to guest lecture which has been
thing. Who wants to be in an office working really want Tom Fulcher on my iPod? Bob and
really fun! It’s all very rejuvenating—I’m feeling
when it is sunny outside?! That’s where I’m Katherine just celebrated their 20th anniversary
younger already!”
spending plenty of time this spring with my and they are looking forward to (dreading?)
William Garrahan sends this update: “I am

54 • DARDEN Spring 2007


the oldest of their three boys heading off to recap of the weekend. up to sponsor one of the study rooms (ha!).
college this fall. Proving that today’s laptop- My weekend began on Friday afternoon Lynne works for Acco, makers of Swingline
toting students aren’t so different from those a with a long tour of the perimeter of Sponsor’s staplers; she’s been setting up their off-shore
generation ago, Bob says “he’s trying to figure Hall, looking for the check-in area. I ran into manufacturing. John continues to work for
out where he can have the ‘most fun.’” Beth Fernbacher, who was relaxing at a table ManorCare in Toledo, OH, and is another
Chip Bassett’s daughter wants to be an in the Gatehouse patio; she was the first of member of the OJSDC.
actor, and now that she’s been accepted at a many classmates exuding an inner and outer Pat Schlegel reported that her apartment
number of programs, he’s facing a ROI problem: calm, not seen around Darden since that time renovation was nearly complete; renovations,
“Just think, I can spend more than what my during Second-Year when the job offers were in general, were a big topic of conversation at
second house cost to produce an extremely in hand and the B-bar (at a minimum) was the Reunion warm-up cocktail party in New
talented and well-trained waitress!” He has assured. Beth was one of many classmates York (a month prior to the big weekend). I
advice for those of us with younger children: traveling all the way from the West Coast for the also got some great pictures of Kemp Dolliver
have you checked your numbers lately? “Seeing weekend. She sent me in the right direction to and Charles Magolske eating appetizers;
the actual (college cost) numbers,” he says, check in to my room, and pick up my Reunion look for them on the Class Flickr website. In
“proves that my assumptions about college cost bag at the school. mid-conversation with Howard Lee, we were
inflation were still too low even after ‘experts’ Right off the bat, I ran into Alyce all reminded to hasten to Sally and Bubba
assured me I was being too conservative.” McAllister Outlaw, also picking up her Fortner’s house in Crozet for the class dinner.
Amy McDonald has a different set of materials. We talked (proudly) about being After a long drive, full of missed turns, we
daughter issues. She sends this: “My biggest among the few members of the One-Job Since arrived at the beautiful Fortner home—and the
news is the adoption of my daughter, Anna, this Darden Club (OJSDC); I think Alyce should be place was packed. Peter Gambel was telling
past fall from Guatemala. Anna turned one in president of the club, as she also hasn’t moved everyone about the damage hurricane Katrina
March.” Amy says Anna is a happy baby—just since Darden. She then ran off to a school caused to both home and business, while Jim
wait, I tell you—and has already met Louise function for one of her kids. I was making Cheng shared that he was now also a Law
(Cannavo) Parzick and Stacy (Smith) Brinkley. sure my rental car didn’t get a parking ticket, School graduate (it was just something he
Pedro Medina’s Yo Creo en Columbia and I saw Karen Strain Smythe, in from New wanted to do).
foundation continues to spread the positive York, where she runs the family commercial It was great to see Donna and Frank
news about his country. “The perception gap construction business. Lachance there, too; Donna took almost as
is still huge on Colombia,” he says. “However, The fun really began at the Friday evening many pictures as Charlie Duffy during the
last year over uno million foreign visitors cocktail party at Darden. There’s always been weekend! Laurie and Giff Breed drove over
were seduced by the world’s happiest and something special about having a cold one from Richmond; Giff is in the running for best
greenest nation and by the WOW country. If any with friends, in the shadows of the Blue Ridge job title in the class (Managing Director—Golf
Dardenites decide to discover for yourself why Mountains and the buildings of Mr. Jefferson’s and Outdoors, for Octagon Sports).
Colombia is the best kept secret in the world, academical village, and this time was no During the evening, Bubba was working
please write.” (You can email me for Pedro’s exception. Many of the 90 or so classmates, his printer, collating a huge printout that was
email address). spouses, and friends were there. I talked with a part of a business deal Steve O’Connell was
Lastly, Mary Haggerty Miller wrote in Lee Salsbery about home renovation (he was working on, while at the Reunion. Similarly,
remembering a lost classmate: “I just enjoyed dealing with a recent flood in his) and dodged Ken Shea closed a deal either during the
three weeks in Florida with my family—Naples Charlie Duffy’s video and picture taking. cocktail party or at the dinner (not paying
and the Keys—and couldn’t help but think of Professors Frey, Pfeiffer, Carraway, Brownlee and attention, I was busy having fun). As usual,
Peter Niehaus as we crossed the State on the others were there, too—all looked extremely most everyone ended up in the kitchen. Carrie
Tamiami Trail and Alligator Alley. It seems like similar to their 1987 selves…perhaps being on Coker Haley and Francine Shanfield were
yesterday that the car crash happened and the teaching side of Darden is an elixir for long talking about how Bubba Fortner also could
we lost him—could it really be 20+ years? Not life. be considered for the Best-Preserved award, as
the most upbeat thoughts, but his friends and Speaking of teaching, my pod-ner he looked just like he did during school, except
family might be glad to know he is still in our Adelaide Wilcox King was there, taking a break thinner! He attributes this to running (though
thoughts.” Well said. from the commerce school, and promised to still likely connected to the non-student Darden
Be ready for my next Class Notes help motivate my older boys toward UVA, when lifestyle). Thanks again for the hospitality.
solicitation, coming to an inbox (or IM chat, or we take the tour this summer. And speaking of We closed the evening at the bar at the
podcast, or phone, or IPTV channel) near you! kids at UVA, Bob and Terri Smith were there, Boar’s Head, with Ken, Chris Muller, John
too. Bob was definitely in the running for Best- Haley, Mark Patterson, Bob Shanfield, and
Preserved classmate, looking just like his 1987 I reminiscing about hunting for squirrels at
yearbook picture; Bob’s comment was “well I Tandem Farm. At one point I suggested we
’87 look really old on the inside.” consider going back after the furry rodents on
Chris Padgett Jim Sowers told me he and his family Saturday, and Mark mentioned it would be a
9838 Waterbury Drive starred in a Stouffers lasagna TV commercial bit tricky walking, with guns, through the yards
St Louis, MO 63124 (Stouffers is owned by Nestlé, the company of the houses now built where the Farm once
314/835-1012 (H) that also signs my paychecks). It was one of was. Rats!
314/982-1341 (W) those busy family vignettes. I promised I would Saturday began with many classmates
christopher.Padgett@purina.nestlé.com request the spot to share with the Class. As I claiming strenuous workouts at their various
crisandy@charter.net was working my way to the bar, I spied Tony hotels, to justify indulging in the calorie-
I think everyone who attended the 20th Smith—Pale Ale in hand. I turned and he was dense brunches (the French toast “boats” at
Reunion is still thinking about the friendships gone. the Boar’s Head were a popular choice). Many
renewed, the events enjoyed, and the end of I noticed a number of study group mini- then attended the Reunion Forums and Dean
the pestering from Dick Dahling and myself. reunions, mine included, with Lynne Gordon Bruner’s State of the School Address, at the
It was truly a wonderful time. Here’s a brief and John Graham talking about ponying Abbott Center auditorium. Interestingly, before

www.darden.virginia.edu • 55
Class Notes
the Dean’s talk, people were mulling about, graduation. Closest to home winners were Schools to help develop the capital plan for the
and there was someone from another class, Alyce McAllister Outlaw and Joel Mangham future of the local schools.
speaking with Sherwood Frey, who could have (the Crozet contingent). Ed loved North Carolina and the natural
been Bob Shanfield’s twin. Or perhaps his After the dinner, the music, dancing, and beauty of his home state. Whether he was
less-handsome, not so charming older brother. fireworks ensued. A number of us, including taking the family to the beach or the mountains
It was an odd sight, one captured on film by Paul Huddleston, positioned ourselves and or just hanging out at the farm, he enjoyed
the way. our eardrums at the bar farthest from the stage, his home state. More than anything, Ed was
The scholar-athletes in the class then intent upon actually hearing what each other happiest being at home with Beth and their
peeled off for the softball challenge versus the was saying. As hoped for, a one-song mini- children. Going to lacrosse games, basketball
oldsters from the Class of 1982. I was the first to reunion of Earl Black and the Whites took place, games, and anything to be with his family was
show up for our class, and for a while, I thought with Craig Zarider and John Haley onstage; Ed’s greatest joy.
I might have to take these senior citizens on all inexplicably, Mike Kender shunned the Ed is survived by his wife, Elizabeth
by myself. Fortunately, as I watched our aged limelight and chose to drink, dance, and watch Whitener “Beth” Goode, his daughter, Mary
opponents carbo-load with cans of Ensure, the with the rest of us. It was quite a sight on that Ellen Goode, his son, Edward Seddon “Eddie”
talent arrived: Craig Zarider, Rob Mitchell, dance floor, with our many classmates shaking Goode, Jr., his father and mother, Seddon
Mike Kender, and Mike Schwartzman. what they could—many incriminating pictures “Rusty” Goode, Jr. and Jane Nisbet Goode, his
Together, we worked our way out to a huge and videos were taken… possibly to be pulled sister and her husband, Elizabeth Goode “Beth”
lead, with powerful bats, good fielding, and out just prior to the next class fund raiser. Reigel and Ernest William “Ernie” Reigel, all of
the limited flexibility of the ancient team we The post-evening celebration included a Charlotte, and his sister and her husband, Mary
were playing. After a while, we felt sorry for rousing game of Block-head back at the Boar’s Jane Goode and Walter Curtis “Walt” Gramley of
the codgers—a few of them had even pulled Head bar, with Ken Shea, Chris Muller, Mark New York City. He is also survived by two nieces,
muscles and jammed fingers. So we let them Patterson, John Haley, and Bob Shanfield, three nephews, other relatives and many, many
back into the game, so as not to decimate along with pizza from the College Inn. Life in friends.
their team spirit. Well, they tricked us! The Charlottesville doesn’t get much better than A service to celebrate Ed’s life was held
Ensure must have kicked in, because they beat this. at 3 p.m., Sunday, April 22, at Myers Park
us by a couple of runs! We personified good I had the chance to talk about work, raising Presbyterian Church in Charlotte.
sportsmanship by presenting them with the kids, vacations, and all the other usual things Memorial funds may be made in Ed’s
Golden Ball trophy (purchased earlier at Target), people our age talk about, with most of our name for Davidson College, Davidson, NC and
and committed to a rematch five years hence. classmates during the weekend. I want to list Hospice & Palliative Care, 1420 East Seventh
I’m not sure what everyone did in the those I wish I had found more time to catch Street, Charlotte, NC 28204
afternoon: there was Darden Field Day and up with, including: John Hodgson, Landon In closing, thanks to everyone who
other events, there was golf at Birdwood, and Wilson, Margie Fibel, Glenn Minkoff, Eileen showed up—because it is all about showing
there was going down to the Corner to buy Circo, Reggie Lathan (who really worked up, participating, and staying in contact. In
stuff at Mincer’s. the west coast classmates to come), Michel the presence of my classmates, I don’t think
Saturday evening began with cocktails and Denarie, and Syd Dorsey. I laughed so hard and smiled so much in a
class pictures—everyone cleaned up real nice. Edward Seddon Goode, died April 19 in very long time. And thanks to the Reunion
At the cocktail party, I ran into Seth Barnes, Charlotte after a long battle with cancer. Ed Committee for enduring the conference calls,
who had written in his alumni questionnaire a was a great father, loving husband and friend and helping to contact classmates. A special
terrific personal accomplishment since Darden: to many. thanks to Dick Dahling, who did a stellar job as
“Creating a ministry that is changing tens of Born March 29, 1960 in Charlotte, Class Agent and general motivator; has anyone
thousands of lives.” I think mine was something where he lived most of his life, Ed graduated told him he’s on the hook for at least another
about running a half-marathon…. There was from Charlotte Latin School in 1978. He fives years?
a bit of jostling for position during the class then attended Davidson College where he And remember, only four and a half years
picture: Greg and Rebecca Silvestri ended was a member of the Sigma Alpha Epsilon till our 25th!
up on different rows, Martha Lyle Gangemi fraternity. After graduating from Davidson
was behind Scott Gregory, Fred Stow, and in 1982 with a BA in Economics, Ed went to
Tad Smith (and, thus, effectively blocked).
Tad, Greg, and Rebecca are all nominated for
work for NCNB. After Darden he returned to
Charlotte where he married Elizabeth “Beth”
’88 Reunion
maximum reunion participation, along with Whitener in June of 1987 and then joined First Rob Hanckel
Ken Zoeller, Mike Kender, and Pat Schlegel, Charlotte Corporation. He went on to found robert.hanckel@wachovia.com
who all also attended the NY pre-reunion event. Carolinas Capital Investment Corporation, a Happy spring to all. As I write this note, it is 80
We were shoo-ed into the South Lounge of Charlotte-based venture capital fund focused in Charlotte with the azaleas blooming while it
Saunders Hall for our formal Class Dinner. After on companies in the Carolinas. Carolinas is snowing in Minneapolis….hmmm—glad I’m
a nice meal, I likely created some indigestion Capital invested in Digital Optics Corporation in the south. Little white golf balls don’t do well
with a Powerpoint summary of our Class where Ed became Chief Financial Officer in the snow. There were a number of classmates
twenty years later, starting with a quick recap and Vice Chairman of the Board. Ed served who answered my call for news, so on with the
of the Class Giving. I stepped in for Dick as a member of the North Carolina Railway show.
Dahling, who came down with pneumonia Advisory Commission and was the former Vice Allison (Cryor) DiNardo started her
earlier in the week, likely due to his tirelessly Chairman of the Governor’s Rail Task Force. He own wireless company a couple of years ago
working the phones to meet our giving goal. was appointed to the Board of Trustees of the and sent an update: “Life is good, but work is
I believe Brian McDonald won the farthest North Carolina Teachers’ and State Employees’ busy. Earlier this year (2006) the FCC granted
from Charlottesville award, having worked for Retirement System and served from 1995 to my company 16 licenses after winning them
International Paper in China. Vern Howard 2001 and again from 2005 until today. In 2006, in a PCS auction in 2005.In the past few days
received a sweatshirt in honor of his working he served on the School Building Solutions (September 2006), the FCC concluded its
for the same company (Bank of America) since Committee for the Charlotte Mecklenburg largest auction ever, the AWS auction, which

56 • DARDEN Spring 2007


raised almost $14 billion for the US treasury Don’t know how I ended up with three hockey are still traveling back home to the UK twice
auctioning AWS spectrum from all over the players but in the past year we have traveled a year for Christmas and summer vacation
country. My company was successful in to Phoenix, Chicago, Detroit, Fargo, Sarnia, to visit family, but our roots are now in the
“winning” 17 licenses, mostly in the Midwest. Toronto, St. Louis, Denver and Atlanta. I need US. The job I took on last year as controller at
Out of 104 successful bidders, Barat Wireless the private equity and M&A markets to remain Lilly is going well and the challenges that the
(my company) was 8th in spending ($127 strong to keep up with their hockey schedule. pharmaceutical industry faces are what makes
million), but a far cry from the spending of T- Last fall, the Richmond Times-Dispatch the job so interesting. Tina and I (without kids!)
Mobile with $4 billion. Allison was also honored wrote a nice article on Mike Williams, who will be attending the 20th reunion next year to
by the Washington Business Journal when she has been head of the trust department of First reconnect with friends and colleagues.”
was named as one of the “2006 Women Who Market Bank in Richmond for the last five years. Mark Sanford, as busy as he is, was kind
Mean Business.” The honorees represent women The article detailed Mike’s interest in finance enough to send an update: “Things are busy
from every industry and profession who’ve from his days as a teenager, and provided a down here in South Carolina. The four boys
made a difference in their communities, blazed summary of his career emphasizing his banking are growing older by the day (14, 13, 11 and
a trail and are leaving a mark on Washington background predominantly in the Richmond 8) which means Jenny and I have our hands
business. Well done on all fronts! area. full with soccer practices, tennis matches
Also from the Washington area, Diana Udo Reichling sent a short note around and all the other enjoyable things that come
(Suko) Hage wrote that she has made a career Christmas that all is well with the family and with raising four unique and energetic sons.
change and gone into business with another that he was looking forward to two weeks off Needless to say, my day job also provides
Darden grad and moved to Northern Virginia. without traveling. Ah, the life of a consultant! for quite a hectic schedule. It also seems like
She has teamed up with fellow Darden alum, Beth Moffett-Powell also sent a Christmas every presidential candidate in the nation is
Patrick Sweeney, at high-tech start-up ODIN letter detailing a little of her family. Teddy is a descending on our state these days-so much
technologies. ODIN, based in Dulles, VA, is the seventh grader who enjoys music, video games, so that I’m thinking about opening up a bed
leading provider of RFID software and services seasonal sports, camping and Scouts. Robby is and breakfast. (Mark, you certainly have a big
to the defense, retail and pharmaceutical in fifth grade, and is a voracious reader. He likes enough house for it!) We plan to host the first
industries. As COO, Diana brings 20+ years IBM Scouts and video games but is also a member Republican presidential debate in the South
experience in general management, corporate of the chorus. Matt and Beth are the same on May 15 this year, so things are sure to get
strategy, consulting and sales, most recently excepting a few more gray hairs. Matt bought a even more frenzied down here in the coming
as the executive in charge of IBM’s $1B+ pristine ’98 Mustang to go with his vintage ’68 months.”
global wireless and RFID businesses. Diana Mustang so they both can cruise the streets of I received two notes from a couple of
will be responsible for dramatically scaling DC in style. classmates who we haven’t heard from in a
and successfully navigating ODIN’s growth in David Lund wrote a nice note: “Life is good while, Paul Diodati and Scott Thomas. Paul
this expanding global marketplace. Robert in Cincinnati. I am director of innovation and writes: “News about myself and my family - I’m
Spekman, Darden faculty member and product development for Chiquita, and my still a vice president/solution architect in the
globally recognized authority on supply chain group is tasked with transforming commodity SAP practice of Technology Solutions Company,
management adds sage oversight as a member fresh fruit into value added fresh fruit. We a small consulting firm based out of Chicago,
of the board of directors. bring around 6 billion bananas to market each and I’ve been with them for almost 12 years
Continuing with the “change is good” year, but we are trying to get consumers to eat now. I mostly manage large SAP projects for
theme, Karen Bayer sent this: My dream has more. Right now, we are doing fun work on companies and do business development for
come true and I now work a stone’s throw extending the shelf life of bananas. Work does our firm. I am just now wrapping up a one-year
from home! I joined GE Asset Management include a lot of trips to our farms in Central engagement at Mannatech in Dallas. My wife
(in Stamford, CT) over a year ago, managing America, and while my Spanish is improving, it Carol and I live in Alpharetta, Georgia - and
US equities.(Left John Levin, a hedge fund in still has a ways to go. My family is doing well. we have seven children. Our oldest daughter,
NYC in early ’06).We live in Greenwich, and Beth is working as an organic gardener for Cristina, 20, is a sophomore at the University
after so many years of working/commuting a non-profit educational foundation here in of Dallas (she was born at Darden during my
in NYC, I have only a 10-minute drive.(I’m no Cincinnati. My oldest son Andrew is a senior freshman year), and she just got back from
longer a weary daily commuter) Absolutely in high school, which has meant trips to many a semester abroad in Rome. Monica, 18, is in
love the ’burbs and Greenwich. I finally have colleges this past year. My daughter Margie 12th grade and is graduating from Holy Spirit
a social life—although my weekends are is a freshman in high school and son Peter Preparatory High School this year - and is about
spent attending swim meets (both of my sons is in the sixth grade. Beth and I spend our to decide on a college. Maria, 16, is in 10th
are on travel swim teams). Brad still travels free time driving to band, choir, orchestra, grade at the same school and plays soccer and
internationally but not as much; I’m thinking of soccer, lacrosse, cross country, and scouting runs cross country/track. Bernadette, 14, is in
starting a garden this summer.” events. Typical family stuff, but wonderful all 8th grade and plays soccer and volleyball. Clara,
I was able to track down Mike Crow who the same. 12, is in 6th grade and plays soccer. Agustin,
wrote: “After 18 years in investment banking I Martha Shenkenberg writes that she is 9 (we call him Augie), is in 3rd grade and is
decided to cross over to the buy side last year battling middle age by organizing the Pasadena an avid baseball player and Braves fan. John
and joined Sequel Holdings in March 2006. Marathon and Bike Tour for fall 2008. So, if you Paul, 7, is in 1st grade and plays soccer, but he
Sequel is a Dallas-based private equity firm need some motivation, consider joining her is more interested in Legos and Star Wars. Life
founded in 2003 by former executives from for the 1/2 tour or if you’re really brave, take is extremely busy for my wife and I—but full
Suiza Foods and Dean Foods. We focus on on the whole thing! I personally think I’ll cheer of joy as well. We were fortunate to be able to
making investments in middle market food and everyone on from afar! visit our daughter Cristina in Rome last October
beverage, and plastic packaging and related Simon Harford is back from across the for our 20th wedding anniversary trip. We also
businesses. We have four portfolio companies pond. He says that life in Indianapolis is fine made it to Tuscany, Venice and Paris. I hope to
and are looking for more. In addition to Sequel, nine months after our return from Europe: “The see everyone next year at our 2008 reunion.”
we have been busy at home with all three kids have settled back into school and Tina is And Scott sent his update: “Moved back to
boys (ages 16, 14, and 10) playing ice hockey. renovating the house from top-to-bottom. We Hong Kong about 18 months ago with VF

www.darden.virginia.edu • 57
Class Notes
Corp. better known for the brands under way to work as much as she wants to while still has overall responsibility for the company’s
their umbrella: Lee, Wrangler, Nautica, The running the show at home. Barbara is also a Internet, desktop, subscription, broadband
North Face, Vans, Reef, Jansport, Kipling and a member of the Darden School Alumni board. and mobile platforms. Joe and Frazer, (another
dozen or so others. Prior to VF we took about Keith Bachman continues to have a hard UVA Law grad) live in Atlanta with their sons
six years off from life in Asia getting our kids time holding onto a job. When I spoke to him Gardner and Harrison.
Nick and Kensi safely through high school and he was beginning a three month “time-out” Steve Hassett joined Joe at The Weather
into college. Nick is in the business program before going to work as an analyst for the Channel Interactive this year and is now
at UNC-CH and Kensi is working toward a Bank of Montreal. He says he is hoping to get VP- New Ventures with responsibility for new
bachelor’s in business from Meredith College reacquainted with his family after working business and acquisitions for the company.
in Raleigh. Chris is also now working on a Ph.D. too many hours during his stint with Bank of Steve and Anne have two daughters, Charlotte
in psychology. Three tuitions...good thing VF America, but the first time he tried to cook and Sarah.
came along. Scott mentioned that he has tried dinner he left the stove on and almost burned Alex Picou, has joined KeyBanc Capital
to get together with Tom Neir for coffee (I hope the house down. I’m sure Keith’s wife Ginny and Markets Consumer Markets Industry Group.
it’s free!), and I told him that David “Platinum” their children Avery, Natalie, and Landon are Alex will head the Gaming, Travel & Leisure
Gold was also in Hong Kong with Pfizer. Connie ready for dad to go back to the office. investment banking group and be based in
and I were in Hilton Head just before New Years Since 2002 Pat Frith has been managing New York City. Most importantly, Alex and
and ran into Dirk and Kelly Baker at breakfast. bond portfolios for Evergreen Investments in Deirdra are the proud parents of twin girls,
They looked great. Actually Kelly saw us first Charlotte. He and Barb (my wife Amy’s UVA law Alexandra and Ariel, born July 2005.
and when Dirk came over to speak I didn’t school roommate) have two girls and a boy, and Thanks to those of you who got in touch
recognize him—pretty embarrassing on my Pat says their big adventure this year was spring this quarter. To the rest of you, please take a
part. I need to chalk it up to lack of coffee. On break at Disney World. minute and send me a quick e-mail with an
the local front in Charlotte, Britt Byrne was Bill Cooper lives in Richmond but is update that I can share with our classmates.
just named managing director, in charge of working at UVA as the Director of Supplier Have a great summer, and my best to you and
the Carolinas retail development operation Diversity. He took the job after working as your families.
for Faison Enterprises. I have seen several of a consultant to the university helping them
our classmates including Mary Long, Steve to retool their supplier diversity programs.
Biggerstaff and Sylvia (Bray) Kinsey. Sylvia’s
son, Richard, got married to a great girl the
Bill closed his 10-year-old printing business
in 2003 and says the lessons learned from
’90
weekend before Easter in Spokane, WA.” the highs and lows of that experience have Heather McGrew
And last but not least, Mack Faulkner wrote served him well in his new position. He also
Happy spring! Tax day is a few days away as
that he and Mary Yvonne have a new baby owns two Dominic’s of New York franchises
I write this and I just got a note from Chris
Everett Powell Faulkner born January 23. which sell food from kiosks in Lowe’s parking
English in which he questions Darden’s
That’s all the news I have for this issue. lots. Bill’s nephew runs the businesses for him
support of alumni who pursue careers in
Remember our 20th reunion is not even a year but Bill does much of the office work and is
accounting. I have to say there is some
away. You will be hearing a lot about that from grateful for the opportunity to stay in touch
merit to his theory of a conspiracy against
school, Jack Oakes and me. with his entrepreneurial side. Bill’s son Eric is a
accountants. Reunion weekend tends to
All the best and I hope everyone has a safe member of Darden’s Class of 2008 and I think
fall right around tax day (although it is the
and healthy year. Bill must be the first member of our class to
weekend after taxes are due this year) as does
attend Parents’ Day as a parent. He says the
the spring deadline for our class notes. That
biggest event for him in the fast few years was
being said, we have no news on Chris English
’89 becoming a grandfather to Eric’s daughter
Emera.
other than he has been trying to send in an
update for the class notes since 2004 but
Larry Bernert Michael Alston was named president
simply hasn’t had the time to get it together
of Landmark Interactive, a new division of
Paula Dyjak Giles and her husband Joe have before the column deadline. Hopefully my call
Landmark Communications which focuses
lived in Devon, PA, for thirteen years. They for news in the fall will be well timed for Chris
on growth through acquisitions of Internet-
have four children, Caro, 12, Dana, 10, Molly, and the other accountants amongst us. Please
delivered B2B and B2C services. Landmark
7, and Max, 4. Paula is running the home front note that you don’t have to wait for me to ask
Interactive includes companies located in
after working for Arthur Andersen and Aetna you for news to send me news. My email box
Atlanta, Norfolk, Chicago and New Hampshire
real estate in the years after Darden, and she is open for business in the “off season,” so to
that serve lead-generation and niche
manages to keep up with Champe and Anne speak.
marketplaces. Michael is based in Norfolk.
Fisher who also live in the Philadelphia area. Ken Ward has surfaced after many years
Landmark Interactive has a cluster of Darden
Rooney and Barbara (Swinton) Debutts of flying below the radar. After graduation,
grads—Karl Quist (MBA ’99), Chris Smythe (MBA
live in McLean, VA, and life is good for them and Ken was hired to write a business plan for a
’00), Hunter Stokes (MBA ’05), Lisa Evans (MBA
their three children Willie, 13, Forrest, 11, and start up company that didn’t start up. So soon
’07)—in addition to the many others spread
Elizabeth, 9. All three kids are playing lacrosse thereafter he moved onto another job as an
around Landmark. Michael and Nancy, and
among their many activities. Rooney called me analyst presumably looking at diversification
their children Molly and Peter, moved into a
back from the City of York pub in London where opportunities for Universal Corporation,
house just a couple of doors down the street
he was on “business.” He is still focused on a Fortune 500 company in Richmond. But
from my family this year. Molly, who was born
corporate strategy and Barbara is doing some soon after Ken showed up, they decided that
two weeks before we started Darden, is in her
part-time contract work now as well. After 10 instead of focusing on further diversification,
second year at UVA.
years of full-time focus on raising children she they would divest some of their non core
Speaking of Landmark Communications,
attended a Darden School seminar for women businesses. By 1993, Ken was in Baltimore,
Joe Fiveash is the senior vice president and
going back to work last year. That seminar and again to evaluate diversification opportunities,
general manager for The Weather Channel
Barbara were the subject of an article in Virginia this time for Constellation Energy, another
Interactive, which operates weather.com. He
Business magazine and Barbara has found a Fortune 500 energy company. Again, Ken

58 • DARDEN Spring 2007


found his new employer changing direction for 2006. Keeping with the bodily fluids theme chairman of the Pacific Basin Economic Council.
shortly after his arrival. Rather than pursuing a (did I really just write that?), Ron Aizer has left Hiroshi Kato was kind enough to cough
strategy for growth through M&A, Constellation management consulting to join the Red Cross. up Hans Horne’s new email address I was
Energy decided that their best option for He recently took a job in DC as the Senior able to reconnect with Hans. He and his wife
driving revenue growth was to invest the Director of Finance and Business Planning Flavia have been happily married for 15 years
capital necessary to expand greatly their gas for the disaster preparedness and response and have four children ranging from 5 ½ to
distribution utility. Ken took on responsibility organization. 10 years old. And they are all growing up too
for strategic planning and budgeting for their Other movers and shakers in the class fast. Hans left Wrigley almost four years ago
gas distribution business. Finally in 2000, he include David Funk. Last I had heard David was to join Novartis as finance head for Western
was recruited away by a subsidiary of Pepco living in Charlottesville. He recently sent me a and Central Europe. A year ago he became
Holdings, another Fortune 500 energy company note that he has accepted a job in Charlotte the CFO for their global ophthalmic business
based in DC, after they promised that they as the chief operating officer of Raggs, which unit, and since January he has headed up
were really, truly going to buy companies and has produced a successful children’s television their Shared Services initiatives. He is able to
at last Ken would get to work on some M&A show that is performing very well in Australia travel to culturally rich countries like India and
transactions. He served as the M&A manager for and will begin to air in the US this summer. China, which he describes as both enriching
the purchase of four companies, which he really Another alum on the move: Michael Larsen’s and eye opening. His travels through Asia have
enjoyed. Ken then performed the strategic family relocated back to Newport Beach, CA, provided the opportunity for him to catch
planning and financial analysis to operate the summer 2005 after a year in Gig Harbor, WA. up with both Hiroshi and Toyo Taniguchi.
purchased companies as well as three more They are enjoying being back near family His travels have also served as a reminder of
that were under the holding company. About and friends and the children (Caroline, 13, how privileged those of us living in the west
18 months ago, the parent company decided Andrew, 10, Peter, 6) are busy with the typical truly are. Hans wants to put a challenge out to
to divest some of the non-core businesses and school and sports activities. Michael opened the class to raise $25,000 to build and run an
he signed on to serve as the due diligence an office in Newport Beach for Presidio Wealth elementary school in Cambodia for one year. If
manager for seven divestitures. In the process Management, an investment consultant anyone is interested in working with Hans and
he discovered that selling companies is based in the Bay area. Beyond that he is contributing time or money or both, please get
almost as much fun as buying them. He active leading the board of an exciting new in touch with him (hans.horne@novartis.com).
also discovered that the downside of selling organization called International Princess Jessica Knopp-Gwynne is close to
companies is that you can work yourself out Project (IPP). The mission of IPP is to advocate completing her graduate degree from Christie’s
of a job. His office in Baltimore will be closing for enslaved prostitutes, restore their broken Education in Art History and Business. After five
soon and he will be moving on to another lives and empower them to live free. It’s a huge years of successfully running her own brand
opportunity. Ken claims it won’t be another 17 mission in which they are initially focused on strategy-consulting firm, last fall she decided
years before we hear from him again because establishing sewing centers in places such as to go back to school, a move motivated by
he is planning to attend our 20-year reunion. India where women who have been rescued a long-term desire to find a way to combine
Paul Pliakas and his family are living in learn to sew as an early step on the path to her business background with her lifelong
Minneapolis. About a year ago, Paul took a restoring their dignity. They are seeking to help love of art and design. She graduates in June
new job with a company called Realityworks, these sewing centers become self-sustaining and is looking at business opportunities in
an interactive educational products company. through the sale of “pun-jammies” that IPP will art consulting. Essentially she will be advising
His new gig involves leading the new products distribute in the US and possibly elsewhere. If clients on buying and selling art for investment
marketing and product management activities this cause should interest anyone please feel services. She is considering opportunities to
at this rapidly growing company well known free to get in touch with Michael and he’d be pursue this through either a big investment
for its “Baby Think It Over” infant stimulator happy to get you involved. If any classmates bank such as UBS or doing it on her own. We
and RealCare Baby product lines. He was find themselves in the Newport Beach area, look forward to getting an update on how this
attracted to this new job because it fits well please give the Larsens a call. They’d love to plays out. Jessica recently had dinner in Boston
with his desire to lead the development of have you over for dinner. with Jeanne Mockard and reports that all is
new products in an extremely entrepreneurial Madeleine McGee sent me a note to well with Jeanne.
company. He spends about 80 percent of his alert me that PINK magazine and the Forte Steve Wilson started a putter business
time identifying, evaluating and developing Foundation named Susan Sobbott as one of with a friend called IAG Putters (www.
new products and the rest of his time managing the 15 top women in business in their March iagputters.com). Their website just went live
existing product lines. Paul’s family is doing issue (see www.fortefoundation.org). in March so Steve needs everyone to log on
well, although Paul finds being the father of a Kristin Colber-Baker left Burger King and order one (so he can stop working for
16-year-old daughter a challenging adjustment Corp. in July 2005. She intended to take off corporate America). Their putters are also
and has fond memories of being the father of six months to travel, plan and spend more sold by Diamond Tour Golf and other dealers
a 14-year-old daughter. Paul keeps up with a time with her husband and two boys. Six throughout the Chicago area.
number of classmates in the Twin Cities and months quickly turned into 12 and she began Walter Birch checked in from southern
beyond. He has recently seen Roger McKnight, to wonder how she ever managed to fit work Florida where he recently had lunch with
Alex Ware and John Harris (MBA ’91). This past into her schedule. Kristin and her family visited UVA President John Casteen. Walter ran
fall he got together with both Steve Silbiger friends in Japan, Hungary and Austria and unsuccessfully for the Florida State House
and Ron Aizer. throughout the US. When Kristin sent me a note of Representatives last year. With a full time
Speaking of Steve and Ron … Steve and a few months back, she was contemplating her political career on hold for the moment, he is
Sandy’s son Sam is now 13 and plays drums in next career move, but as of this writing I don’t focused on fulltime recruiting at CXO Executive
the school’s jazz band. Their daughter Sarah is have a more recent update. At the time, she was Search where he is a partner. 
11 and plays lacrosse. Steve’s business is going considering some board positions. From the random classmate spotting
well. His new big thing is a product called Scott Price checked in from Asia. He is file, John Hackett reports that he bumped
Urine Gone, which received the number nine based in Singapore and is the CEO of DHL into Rob Citrone at a charity golf event last
ranking among all direct response products Express Asia Pacific. He recently became the fall near Pittsburgh. John writes, “I had just

www.darden.virginia.edu • 59
Class Notes
Phil Clough at a lunch with Darden Dean of parenthood and jobs prevent them from
Robert Bruner. Larry has been in Baltimore with seeing each other very often. Mole’s baby boy,
T. Rowe since graduation and talks with Phil Wiley, is getting big and has learned recently
and Tim Krongard. He has also heard from to “squinch” across the floor on his bottom. I’ve
Rusty Saylor through a friend. heard a rumor that Wiley has already gone on
Nelson Patterson sent me an email from his first hunt. Unlike our friends in Japan, Mole
Seattle where he is the global director of did not write about the cherry blossoms in
customer marketing at SonoSite. Inexplicably, Virginia this year but did note that it will soon
I managed to erase most of his email so I can’t be time to break out the boat for flounder
include all the details. I do remember that he season. Frank has recently learned that one of
mentioned that he regularly sees Dan Philips, the joys of owning your own company is the joy
who is working for Goldman Sachs. Their of driving the company van to and from work
children attend the same school and they go to when your car is in the shop. His sons Kirby, 9,
the same church. and Matt, 7, thought the circa 2000 minivan
Dan Sorkowitz sent a note to say that he emblazoned with Entry Guard was the coolest
has been married one year and they are still thing ever. His wife, Mary Cay, however, was not
happy. On June 24, he and his wife are hosting too pleased.
their USA wedding party on the top of Mt. Tam Two other close
near San Francisco. All Wahoos are invited. Darden friends
Dan and his wife will be spending the last two who are practically
weeks of June in California before heading back neighbors in
The Hoagland and Bennet families
to Taiwan. Arlington, VA, but
George Cassiere and his family are in find life’s pressing
received an award for closest to the pin on
Indianapolis and are still basking in the glory of demands get in the
the 14th (seven inches short of a hole-in-
the Colt’s Super Bowl victory. George started his way of their social
one on a 198 yard uphill par 3) and Rob had
company, Pace Financial Group, in 2002 and in lives and their golf
won a Steelers football jersey by bidding an
the past five years they have completed more game, are Jim Hart
obscenely generous amount of money in the
than 60 transactions, the majority of which and Bob Cox. Jim
silent auction. At the time, I thought ‘No way.
have been ESOPs. George truly enjoys being and Lisa’s little boy, Jim and Jimmy Hart
That’s emerging markets Guru Rob Citrone from
a part of creating employee ownership at his Jimmy, whom I met
Darden.’ He must have been thinking the same
clients’ companies. when I stopped to see them back in November,
thing. ‘No way. That’s John Hackett from Darden.’
Gam Rose and his wife Kendall (MBA ’89) is really cute. At 10 months he is just starting to
Thankfully, he was good enough to come over
have three kids and live in Falls Church, VA. walk. Bob and Shawn’s little boy, John, is now
and end the uncertainty by congratulating me
Their youngest, daughter Hannah, was born last two and a half and in preschool.
on my fabulous shot.” John and his family are
Christmas. Gam is steeped in the drug control Two classmates who live in very close
in New York City where he lives with his wife
problem at DEA and says he is “Learning much, proximity and who we can safely assume do
Julia, three kids, one au pair and 20 cats. I’m
earning some, being blessed.” He attended see each other on a regular basis are Sue and
not so sure about the 20 cats business, given
the 120 Caper at the Army Navy Club in D.C. in Sean McGee. The McGees are still living in New
the size of your average New York apartment.
March for Professors Bill Sihler, Alec Horniman, Jersey. Sue continues to work part time at J&J
But that’s what he claims so that’s what I’m
and John Colley. Gam writes, “In like lions 40 (Ethicon) and Sean is still at Merrill Lynch and
reporting (also, I don’t know John well enough
years ago, out like lambs in March 2007. Colley’s quite happy. Their daughter Madeline is 11 and
to apply the appropriate Hackett to Reality
acknowledgements were priceless. Now I can in 6th grade and their son Owen is 6 and in 1st
conversion rate). John and a partner started a
accept my diploma.” grade.
new leasing brokerage firm two years ago. It
Tony Gabriele is still on the west coast One of our other Darden couples, Tim
is a two-man shop. His partner works mostly
where he reports that life is good. His wife just and Barbara (Meyer) Blair, will be heading to
out of Connecticut, so John has established a
had their third child, Allistair Dallas Gabriele. Kenya in June with their two children, Cassie
flexible nap and “take your cat to work” policy
They now have two boys and a girl, all under and Reilly. Tim is going to be running the
for the New York head office. If you find yourself
the age of three. marathon in Kenya, hitting continent number
in midtown Manhattan after 2 p.m. with time on
I got numerous emails from classmates five on his seven-continent goal. Yes indeed,
your hands, contact John (jhackett@gsfadvisors.
who claimed that they had no news to report Barb does think he is crazy but since this
com). He has hinted that you may just be able
but shared a few interesting tidbits. Both passion of his takes them to rather cool places,
to twist his arm and convince him to join you for
Hiroshi and Toyo wrote to tell me that while she isn’t fighting him on it.
an early happy hour.
they have no real news, the cherry blossom Reenst and I recently sent out a note to
Gina Galgano Hoagland’s family got
season in Tokyo is spectacular this year. As the class from our first Darden ’90 scholarship
together with the Michael Bennett family over
reported above, they both have seen Hans recipient, Noah Marks. If you didn’t receive
the Christmas holidays in Sacramento. Gina,
Horne in the past year. Toyo writes that they this note from me via email or from Reenst via
her husband Lee, and their three children,
also get together a few times a year with Rob snail mail and you would like to read up on
Simone, Nathan and Keith, visited Michael and
Garone. He also mentioned something about young Mr. Marks and the first year of his Darden
his partner Rich and their little boy Daniel. Gina
the three of them hanging out with all-male Experience, please shoot me an email and I’ll
writes that Michael’s bakery business is doing
gangs but I’ve decided that he was simply forward it along. Soon we will be announcing
well. He’s running a commercial operation
being coy about their “boys’ night out.” the second Darden ’90 scholarship recipient.
with no retail and is in the process of buying
I got separate emails from Dave On a very sad note, in January we lost one
a building. Gina’s consulting firm continues to
Mulholland, Frank Kollmansperger and of our classmates. On Jan. 18, Lito Quimbo,
grow. They are up to 12 people.
Richard Skeppstrom, who all live within who also went by Lee, passed away. Lito was
Larry Puglia reports that he recently saw
close proximity in Richmond but the demands out dancing and collapsed. He was rushed to

60 • DARDEN Spring 2007


the hospital but did not recover. It is believed
that he suffered from a heart attack. Lito is
looking for those 18 minutes, but I’m having
fun trying.  I ran the Chicago and Houston
’92
survived by his wife and children. I saw Lito a Marathons (October and January) and am Jamie Berger
number of times at Darden alumni events in training for an April marathon, probably OKC.  Well I’m flying back from our Darden class
New York and at our 15-year reunion. He was I ran a 3:52 in Chicago and a 4:01 in Houston, reunion, and since I’m all about the efficiency I
always very high energy and full of ideas and both fast courses that I didn’t do well on, based figured I’d write up my notes while everything
optimism. In many ways for me it is fitting that on my training times. I ran 22 miles in Shanghai was fresh in my head.
our last image of Lito is of him dancing. in 3:15 so I was expecting a better time in Okay, who am I kidding—it’s actually
Houston. Shanghai is a great place to run, warm weeks after the reunion, I took no notes
in the winter (at least it was in December) and if
’91 the air is clear, it is a great tour.”
before, during, or after, and just got an email
from Darden informing I have until, oh,
Laurel Peltier Beth Innis Landin recently made a tomorrow to turn mine in. So it looks like this
laurel77@comcast.net major decision to leave Corning. In March she particular update will consist of a series of
Thanks to everyone who wrote in, though I began a new position as director—business brief, incoherent ramblings, as opposed to the
may have embellished Dave Roche’s update a development & strategic planning for Market protracted ramblings that typify your normal
bit as his eight word email left a little room for Street Trust Company, based in Corning, NY. class notes. The good news is this go-around I
interpretation… Dave Roche wrote in from This new life will include less travel, more have help from my lovely assistant (and future
Atlanta, “For the last three years, I’ve been scheduling flexibility, and more time to spend class secretary nominee) Richard Longstaff,
at CIBA Vision.  However, I’m leaving to join with Kyle and Lien! Beth keeps busy on several who was kind enough to do my job and send
a small firm called Selling Solutions, which community boards, volunteering at the kids’ in wide ranging observations from the reunion.
helps clients such as Coke define their value schools. She’s also resumed Mandarin classes, Since Richard is British, you also get the added
proposition and positioning with their large and is happy to be chatting in Putonghua again. bonus of his write-up being far better written
customers such as Wal-Mart and McDonalds. I Ruthie Hill Klinck sends this update: and wittier than my own interpretation, so I will
have been running marathons, and think I’ll “The Klinck family has moved up to Wellesley, include them unedited:
go for the Iron Man Competition in Hawaii MA, where husband Jack is working at State “Jon Pelson, taking time off from his frantic
next summer. Lots of friends here in Atlanta Street. We’ve been on the move. Ruthie and transatlantic shuttling between DC and London
and as the Darden Chapter Alum chair we’ve the kids are getting situated into their new for British Telecoms, came down to the Friday
been really busy with martini parties and CEO neighborhood (aside, it all comes down to the evening festivities and showed himself more
lectures.” neighbors…). Jessie, 11, is in 6th grade, Philip, than qualified to retain his long-standing title
Jay Scott sends this news: “Sarah and I 9, is in 3rd, and Mason, 6, is in kindergarten. as Class of ’92’s ‘Person Most Likely To Carry Two
are still living in Charlottesville with Ford, 4½, They are in the Wellesley public schools and Or More Cell Phones.’”
and Alden, 20 months. After 16 years at UVA, doing well. Jessie has a new lab puppy. We Internet Billionaire (in Zimbabwean
I have decided to step down from my current drove from Pittsburgh to West Union, WV, on a dollars, that is) Eric Dean showed remarkable
position and take 6-9 months off, and then snowy Saturday in February (two days before prowess on the dance floor, accompanied by
do something new and different. I am looking the movers arrived at our house). We picked very happy-looking wife, Heather. Apparently,
forward to spending some time researching my up Abby and she has been such a bundle of the joy was only partially down to Eric’s Fred
next venture and was inspired by many of our joy and chaos. We all still miss Pittsburgh quite Astaire-like qualities—the fact that they
classmates at the 15th reunion last year. We are a bit, but love the Red Sox and that makes had been able to leave their two children at
looking forward to having the time together as everything okay. I think we will like being on nearby grandparents and enjoy a rare evening
a family and will do some traveling before I get the east coast.” Ruthie is not working out of the together was also a significant factor.
back to work on the next career.” home, but always contemplating it, so looks Shin Furukawa, to the disappointment
Paul Hoffman wrote in to tell us of taking forward to networking with Darden alumni of many, did not visibly slumber through any
over the orchestra and hear is his update. “I’m in in the Boston area. “We hope to stay here for of the main events of the weekend. However,
my fourth year of running an orchestra in New awhile!” she says. when receiving a tour of the new school, Shin
Hampshire, and have pretty much returned the Pascal Monteiro de Barros checks in… was heard to ask why the classroom chairs
organization to its rightful place on the state’s “Living between London and Gloucestershire, didn’t recline horizontally or have padded
cultural scene. (I’ve made full use of a variety in my 5th year of working for EIM in London, a headrests.
of case studies.) I’m enjoying a frequent role leading Fund of Hedge Funds, raising assets in Jan-Eric Brethaan showed that the
as sergeant at arms for the Manchester Rotary Europe, S. America and the Persian Gulf.  Four Viking Spirit is alive and well by driving around
Club, where my task is to tell bad jokes in a children ages 9-14. See a lot of Casey Norman town in the largest SUV that money can
public setting. So again, the Darden classroom who lives minutes away, and most recently rent. Apparently, Norwegian law requires all
was excellent training. Kerry is happy and riding Harris Jones, and Guillaume Cuvelier who citizens to do this when visiting the United
her horse Bugs. Martha is in fifth grade and sold his company!” (Secretary’s note—is that States, to help support their poor nation’s
starting a little Chinese (I guess we should all code for Guillaume has now retired and is suffering oil industry. However, when Jan-Eric
learn soon) and Samuel has just started violin living comfortably in Paris with his family? We forgot to put money in the parking meter at
lessons. Domestic bliss, really.” certainly hope so, now we can all visit again. It’s the Downtown Mall and nearly got towed, it
Mike Brodziak wrote an email from been awhile since we crashed at your parent’s was Judy Baker rather than the mad Viking,
China—“Since we last spoke, Sally & I have house during our second year leadership study who went on the offensive with the tow-
moved to Shanghai. We have only been here for where we visited every Pizza Hut in France. No truck operator. Judy, using some innovative
one month, but are absolutely loving it.  We are one’s bitter about the fact we studied fast food techniques not yet covered in Darden’s
empty nesters as both Kerry (Bowdoin, ME) & distribution strategies in France instead of the Bargaining and Negotiations course, called (at
Kimberly (Rhodes, TN) are at college. art of finding the perfect croissant.) 2 in the morning) the Charlottesville Police, the
Tracy Shirley wrote to Brian Cowan who Happy summer, be healthy and happy.—Laurel. mayor’s office and the owner of the parking
then passed it to me… she writes, “Haven’t lot to protest the pending removal of Jan Eric’s
qualified for Boston’s Marathon yet; I’m still car. The bleary-eyed tow-tuck operator (who,

www.darden.virginia.edu • 61
Class Notes
difficult though it is to believe, really did have Mr. Carlos Tejera-Paris (shouldn’t that Laura O’Connor Mecagni writes a nice
the legend ‘Shifflett Towing’ sewn onto the kind of name include “the 3rd”?) jetted in note about how reading the recent class notes
breast pocket of his overalls), was heard to ask from Venezuela to preach his new found saved her from working on “the 7th version
a bystander “is she from New York?” All ended conversion to the Chavez revolution. While of the board paper I’m working on for an
amicably, however, when Mr. Shifflett decided Carlos has always been a die-hard capitalist investment in Lebanon.” True, but writing them
to exercise the $100 profit-sharing option (and officially the best-dressed of the class is sadly keeping me from hitting 70th level in
proposed by fellow passengers Ted Gillman, of 1992) he figured that if you can’t beat ’em, World of WarCraft.
Shin Furukawa and Richard Longstaff; and join ’em. Carlos is now Minister of Ministries Laura is now working in the IFC, the
released the car. in Venezuela, responsible for coming up with International Finance Corp., a group within the
Whew, my former Darden News Editor bails new government Ministries—and now insists World Bank—and I believe a division within
me out of a tough one (and Jan Erik too for that on being called by his revolutionary nom-de- SMERSH in the James Bond series. By the way
matter). Thank you, Richard, for helping me get guerre, “Comandante Uno.” Laura, any way to get hooked up with one of
over the 500 word-count hump so effortlessly. There were plenty more people at the those interest-free development loans? Santa
If only he’d been so much help in class. Well, reunion, and I’m only catching you up with a Monica should count as a struggling third-
it’s all downhill from here—both in terms of few of them. Special thanks to Craig Herron for world banana republic.
the time remaining to finish and the quality of leading the reunion committee and Greg and “I have been juggling career, motherhood
writing…. Tierney Fairchild for hosting the Friday night and wifedom with relative success: I still have
So let’s start with Richard, who is still class party. a job, the children are alive, and last check
working at Bearing Point in London, and still Outside of reunion updates, I did receive I am still married....but as all women (and
focusing on doing business in places that I emails from some classmates. Two of them enlightened men) know ....it is no cake walk,”
can’t pronounce. I got caught in the middle of a from the class notes equivalent of name, rank, Laura writes. (Hmmm, it’s not a cake walk? And
discussion between Richard and Judith Baker, and serial number came from Erin Ruane and what’s all this “enlightenment” stuff? I’d ponder
who is now living in Turkey and is also working Drew Gajan. Erin reports that she and Geoffrey this some more, but I’m too busy catching up
on putting together funding for projects Hale (JD. MBA ’93) are living in Manhattan on “24” while Ellen gives Oliver a bath.)
in developing countries. After 15 minutes Beach with their three kids, Nash, Tucker and “My children Camilla, 11, and Giacomo, 7,
of fascinating discussion on their favourite Annie. Erin and Geoffrey see a lot of Jordan are wonderful, silly and actually pretty funny....
pipeline projects in Kyrgyzstan I knew it was and Fiona Posell now that they’re in the L.A. my job is challenging and rewarding....at the
time to make an exit…graceful or otherwise…. area. Drew—a class notes virgin—sent in news moment working on private sector investment
Fortunately I was able to glom onto Asli that he and his wife Christina had their first in the Middle East, and trying to stay in the
Eksioglu who is also living in Turkey, but child, Andrew Charles Gajan this March, with post-conflict rather than in-conflict countries.”
focused on something I can relate to…mindless Drew a first time dad at the age of 42. Since (Wow; that must be a short list.)
entertainment. Asli left the advertising world Drew was the designated cook in our 2nd year Laura finishes her note, “I admit feeling
and formed a partnership named, ah, The house with Tom Abert and Steve Reiner we’re a pang of jealousy in your description of the
Partnership (apparently Asli wasn’t on the all hoping for Andrew’s sake that Christina has average types in and around Santa Monica.....
creative side of the ad biz). Her latest project taken over those responsibilities in the Gajan here instead we are awash with overly
was producing the Turkish version of The household! committed and super responsible types—
Apprentice, where she was required to cast the So Drew just had a kid 15 years out of working hard and then rushing home to family
man with the worst hair in Turkey. Darden, and meanwhile Willie Zantzinger is etc....so all the East Coast angst of doing good
Pascal Bouvier spent most of the reunion about to send his daughter to college. Yeah, keeps everyone running!”
parading around his new girlfriend, Eileen. that’s right the class of ’92 notes are going “Doing good?” “Super responsible?” I don’t
Clearly he has found his soul-mate since she to get increasingly depressing as they start think I’m getting any of this crazy World Bank
seemed to have an even more twisted sense of transitioning from baby announcements and lingo. All I know is I’m stressed from all of this
humor than Pascal and apparently understands weddings to tales of “we took our son/daughter class notes stuff, it’s 3 p.m. on a Wednesday,
more than 60 percent of what he’s talking on college tours this year.” One thing for sure, and it’s time for a nap.
about at any given time (although I would the Berger household endured enough stress
have thought the inverse was true, where
his soul-mate would understand only the
during the Preschool selection process. I’m
pretty confident we won’t survive college angst.
’93 Reunion
bare minimum of what he was saying). Pascal Willie reports that he and his wife Joan Rebecca Kilduff
meanwhile is now sporting mutton chops and are living in a Pennsylvania suburb called 414 Queen Street
looked like he was sending in his audition tape Chadds Ford, just outside of Wilmington Alexandria VA 22314
to the BBC for the newest Dr. Who. and Philadelphia. And is still with the same 703-549-3060
Carl Blake made a surprise appearance at investment firm called Gardner Lewis Asset rkilduff@madisonkilduff.com
the reunion, taking a break from the property Management that he joined out of school in
development and management business he 1992. Meredith (Moskow) Bolon
owns in D.C. Carl is focused on re-developing “My daughter Ellie, a toddler at Darden, is 106 Painted Turtle Lane
apartment buildings in some of the tougher heading off to Vanderbilt in the fall. Chapel Hill NC 27516
neighbourhoods in D.C. Carl has some good Woody, who was born during first year exams, 919-942-0610
stories to tell about the new business, like the is finishing his sophomore year of high school. meredith@bolons.com
time he got a call from Dick Cheney’s office We should have him out of the house in a
Here’s one big congratulations for all of the
inquiring into the possibility of selling the couple of years as well.”
following…
headquarters of the EPA for conversion into Willie cryptically adds “I think about Queuing
To Dave Helfgott, who recently accepted
luxury apartments. Carl prudently declined Theory a lot.” I presume because he’s clearly
a new position with Datapath as president
since he didn’t want to get involved with that thinking about how to line up his kids to get
and chief operating officer. “Datapath is
kind of dangerous crowd. them out of the house as efficiently as possible.
an exciting company, a global provider

62 • DARDEN Spring 2007


of communications networks, serving
the government SATCOM/ C4ISR sector
’94 IN MEMORIAL
in programs such as Joint Network Node Andrew Logan US Navy Captain G. Lindsay Perkins,
(JNN), Support Wide Area Network (SWAN) Well, this was truly the quarter for name- Jr. (MBA ’94) died unexpectedly on
and Worldwide Satellite Services (WWSS). dropping. I counted something like 84 names March 20. Lindsay was in charge
Datapath specializes in systems integration, (some duplicates, of course) in our class notes
integrated logistics, and software services of Fleet and Industrial Supply Cen-
this quarter, which is quite an improvement
in support of design, implementation and ter, Puget Sound. As supply center
to the few meager responses I had to my
management of critical SATCOM and wireless initial request. Shortly following my second commander, he supervised 54 Navy
networks.” Visit him at www.datapath.com. solicitation, Bob Amos called to warn me that, workers and 399 civilians. Lindsay
To Jan Unger, who married Joan Cook in perhaps, people weren’t responding because also directed the region’s Combined
New York in October—in attendance were Mike they were afraid of what might “find” its way Federal Campaign in 2005, which
Slone (left Goa, is now in the Philippines…I into print. I assured Bob that, based on the raised $2.1 million for charity. He
think) and Sally & Ray George, and me interesting content of the responses that I had
(Meredith) and Todd. was buried at Arlington National
received already, I probably wouldn’t even
To Jennifer (Froelich) and Jeff Lewis, Cemetery outside Washington, D.C.,
have room to make things up. I think Bob only
and sibs Abigail and Cooper, welcomed lil’ sis called to make sure that I mentioned that he’s and is survived by his wife Natal-
Aubrey Jordan in February! Congratulations! getting married. No, really, I’m not making lia, and two sons, Alexander, 4, and
To Todd Azadian, who only sent news of this up. And so is Graham Anthony (now you Nicholai, 2. Charitable contributions
his cross-town move and email update, but really think I’m lying…but it’s all true I tell you, can be made for the children’s college
is still running Lower Fairfield County Services true!) Read on for more exciting facts about education at USAA Federal Saving
LLC, D.B.A. Mr Handyman of South Fairfield your classmates!
County (CT). Hey! Any update gets a congrats! Bank, Acct. # 368-159-42, which will
The shortest actual class notes contribution
To Balbina Hwang, who writes, “If your be converted to a Trust or 529 Sav-
that had any substance goes to Tom Smallhorn
lives are anything like mine, the weeks and for this efficient summary, “Turned 40 a few ing Plan. Donations can be mailed to
months have passed in a blur, so much so, weeks back. My wife and I are expecting our USAA Federal Saving Bank, 10750
that it is almost impossible to believe that second child in mid April—another girl. Still at McDermott Freeway, San Antonio,
it is already 2007 and that so much has Pepsi.” Texas, 78284. (800 531-2265).
happened in the last several years. In 2004 I Oddest actual class notes contribution (with Please be sure to include the account
finally found and bought a dreamy house; in very little substance) goes to Matt Hapgood
2005 I accomplished my dream of completing number and the children’s names.
for this review: “On April 1 I had granola cereal
my Ph.D.; and in 2006, I got my dream job: for breakfast, with raspberries on top. I spent
I was appointed to a position at the State my spring break in Key Biscayne watching the southern France and northern Italy. The kids are
Department, as senior special advisor to SonyEricsson tennis tournament. I think I’ll great, Sarah is 6 and Benjamin is 2. If anyone
Assistant Secretary for Asia Christopher Hill. enter next year; Federer’s got nothing on my wants a picture, email me at draphael@phluant.
He’s in charge of North Korean policy, so I’ll game.” com.
be assisting him in trying to avert nuclear Brenda (Gale) Raphael is now We also saw a bunch of classmates at
Armageddon, among other things. It’s taken marketing director at Pfizer launching Exubera, fellow Dardenites 40th birthday bashes. At
a while to clear all the bureaucratic hurdles of the first non-injected, inhaled insulin for Rob Lubin’s (I don’t remember who exactly
security clearances (I am now officially not a diabetes patients. was there, it was all a blur, but was good to see
spy, nor enemy of the state) and with the new David Raphael (winner of the most you guys), I do know that we left with the most
year, I now have an office at Foggy Bottom, verbose class notes contribution) is working perfect party favor given to all guests, a Nike
complete with a view of the Potomac from at his mobile services venture, Phluant and logo golf ball with the words, Rob Lubin 40th
my desk. I expect the job to be a tremendous will be launching a new small business mobile birthday party stamped on it. Nice touch Daryl!
challenge, but also equally rewarding. I guess marketing solution this Spring. In Dave’s This ball found its way into my golf bag and
this all goes to show that dreams really do own words, “On a social note, we were in on the first swing on a beautiful golf course in
come true, sometimes in the most round- Washington D.C. recently and had dinner with Florida, after a majestic 240 yard flight in the air
about way. Wishing all of you the best in 2007, Rob Scavello and his lovely wife Kate. sliced its way directly into an alligator infested
and I hope to see you before we ring in 2008!” I spoke to Dave Valiaveeden on the swamp. I still can see it now, glistening in just
To our esteemed co-Class Secretary phone a few weeks ago; he sounded well and two feet of water, inches out of my reach, under
Rebecca Kilduff, who put aside her shingle for apologized for not showing up at graduation, a slow ripple of waves, the Nike logo and the
now and accepted a position as vice president nor for keeping in touch with anyone for 13 letters “b Lubi” staring me in the eye; “b Lubi,” I
of marketing for her former client-turned- years. Next he claimed to be living in a beach pondered, was this message meant for me? Be
internet-startup, www.ePals.com. ePals is an house on the Jersey Shore and working as VP of Rob Lubin? But then, about five yards upstream,
online educational community where students, finance at Hovnanian Enterprises. Can anyone I saw another ball with the words...”Lubin 4”
their pen pals and teachers connect and verify this? Sounded like some Soprano witness glistening under the tide. Was Rob telling me
collaborate with each other around the world. protection situation to me. After suggesting to give myself a 4 for the hole? Or could it be
To anyone who sends us some news to that maybe we would come out for a weekend there was another friend of Rob Lubin’s that
share! 2008 is around the corner! We’ll be in over the summer, Dave mumbled something had recently sliced his birthday ball on the first
touch with some info to prepare for our big about his house being small and quickly had to tee at the Naples Beach Club Course into the
15-year event in C’Ville. Please update your go. Has anyone else been invited to this house? swamp, five yards further than mine? Who is the
contact info on the Darden site so we won’t Just curious. Since we don’t have any beach other fellow Darden slicer? All you Sherwood
miss you, and you won’t miss out. Can’t wait to invitations, we are planning a boat trip cruising Frey apprentices, what are the odds of that
see everyone! the Mediterranean this summer — around happening? Please confess now (and kudos for

www.darden.virginia.edu • 63
Class Notes
outdriving me). Yes, we were all Rob Lubin that Emily (Landrum) Brown and her family in Los ACT, plays classical piano and lead electric
day. Does anyone else have any meaningful Angeles. Her husband Bruce is a great guy and guitar (interesting mix) in his emerging garage
Rob Lubin 40th birthday party golf ball stories they have two beautiful young daughters. Has band, and finds opportunities to drive the
to share? Please, share your tale with us all. anyone heard from Hung Vu?” Meiling’s third car anywhere he can. How
Happy springtime, everyone! Hope to see you Christy (Brock) Miele, reported in the third things change in the 13 years since Darden
soon. person, “Christy and her husband just bought graduation.
Dave’s newsletter tip: you can unlock your a new house in San Juan Capistrano, CA, and Cliff Farrah checks in with this exciting
car (or trunk) over a cell phone. Hold your cell welcome visitors. Her daughter Kate, at 7 racing news, “Strategery III won the US National
phone about a foot from your car door and months old, is giving Christy employment in Amateur Championship title for Coursaire 28R
have the person at your home press the unlock her most rewarding job ever -- mother. Christy Trimirand Class at Key West this year, appeared
button (on a spare set of keys), holding it near promotes her books, DVDs and training for on ESPN but unfortunately no one else from
the mobile phone on their end. Your car will how to teach teenagers yoga from her website, Darden assisted this year.”
unlock. Distance is no object as long as you yogaminded.com. For those of you who are John Wehrenberg tell us, “All is well in
can call someone with the other remote. Please parents to teens, encourage your school PE Shanghai. I have been busy establishing a new
note: this does not work under water or while teacher to check it out.” operation for our Teleflex medical division to
moving. Asha (Walker) Barnes took pity and market and sell directly throughout China,
Doug Fletcher provided the most wrote the following: “Your mindless rambles which has been a great learning experience
interesting reply, with this slightly impersonal compelled me to answer your weak cries for a after so many years of manufacturing
response: “Hi. I will be out of the office the submission. I am alive and well in Toledo, with automotive parts. I am still doing my share
week of March 12-16. If you need immediate three children, ages, 10, 6, and 3. They keep of automotive work throughout the various
attention while I’m out of the office, please me busy. I have worked for HCR Manor Care for countries in Asia, but to have it mixed together
contact Doug Hammell, director of operations. 12 years and settled into a comfortable life in with medical and marine business has been a
Have a great day!” Apparently Doug has elected Toledo. My husband Mark made partner at his great learning experience and, frankly speaking,
to allow his computer to dictate his class law firm, Bugbee & Conkle, so we are here for a bit of good fun! I am spending a large portion
update. Way to grasp automation, Doug! the long haul. If anyone is in the neighborhood of my time in India which is exhilarating but
Damon DeVito wins the award for the or driving to Detroit or Chicago, give me a the flight commute is pretty ugly. Ying and I
most ironic news. I took my 6-year-old son call. I can’t guarantee an exciting nightlife, we have been taking advantage of the chance to
Cooper to the ER Sunday following a sports just have a plethora of restaurants. As far as combine business and pleasure travel, seeing
related injury....wait for it....at the golf course. Darden encounters, Bernadine Johnson emails a number of new destinations in the far-flung
Driver to the head on the follow-thru of a 5- me sometimes and I saw Jo Yvette Lacy in regions of China as well as the usual great
year-old on the practice range at Old Trail Golf November when I took a weekend sabbatical fun places in Thailand. We keep missing the
Club in Crozet, resulting in five stitches. The to Sarasota. Both are doing well. I spent time Dougherty Family who recently relocated to
2007 golf season has officially started here in with Cedric Steele (MBA ’95) and his family Beijing. They were in town here in Shanghai
Virginia. over Christmas in Atlanta. Cedric and I went to for Chinese New Year but we were away in
Mia Paterno reports, “I’m finishing up my high school together. Unfortunately, I haven’t Thailand. And my business trips to Beijing
first year in yet another master’s program, and been back to Darden since graduation but Mark have been too brief to catch up with Dan and
I’ll be doing my administrative residency at keeps pushing to take a trip to Charlottesville Tina. We have set a weekend this summer for
the Wilmer Eye Institute at the Johns Hopkins for alumni weekend. It is just hard to find golf, though; since both our families will leave
Hospital starting in May. Conveniently, this someone who is sane enough to watch three us to sweat it out in the sticky summer so we
coincides with my starting to need reading kids for a long weekend. figured a guy’s long weekend for golf would
glasses.” Which makes us wonder what sort of In Kristina (Friberg) Mangelsdorf’s own be in order. Kate, 5, and Molly, 4, are fully in
employee discount Mia can negotiate. Mia also words, “I don’t think I have anything worth the swing of school, ice skating, and all kinds
reported that she “partied likes it’s yo’ birthday” reporting unless I neglected to mention that we of art projects. They are also using all of their
on Spring Break in forbidden New Orleans. had a second child? Eric is now 15 months, school breaks for travel with us whenever the
And moving on to our classmates in the Charlotte 3 1/2, both wonderful. I am still at chance presents itself. Send a note if you or
Nation of Texas, John Trevey has started a Pepsi, running our Diet Colas business and others are coming to Shanghai, there are a few
one-man Internet educational campaign: keeping absurdly busy launching Diet Pepsi Darden folks, mainly from recent classes, who
Texans Educating eX-classmates Against Spam MAX, with ginseng and more caffeine. I work get together from time to time but certainly not
Solicitations or, coincidentally, TEXASS. What alongside three of our classmates: Jeff Dubiel often enough.
else would you expect from a man who has just got promoted to VP of our premium non- Geraldo “Jerry” Martinez writes, “I
dedicated his professional life to helping those carbonated beverages (SoBe, Ben & Jerry’s, etc.), stepped down as president of Stewart Title
who cannot help themselves? Now he’s helping Tom Smallhorn is running our juice brands and Guaranty de Mexico due to an ethics conflict
the rest of us to eliminate unwanted spam. Way Cindy Seideman is out in Chicago working on with the chairman of the board (way to use that
to go, John, keep waving the flag. a big PepsiCo capabilities project. Darden ethics training, Jerry!) Since October
Giovanna Rahming Charles (happily John Meiling, his wife Pamela, and 2006 I have been looking for a job in a very
married to Andrew Howard-Charles (MBA their four children are in their sixth year stringent market — Corporate Mexico. The
‘93) sends in: “I live in Nassau, Bahamas with living in beautiful Wisconsin. John is still Darden Chapter here has been very supportive.
Andy and our two boys (ages 4 and 6). I have at GE Healthcare working as the General In the meantime, I have been consulting for
recently resigned from a bank job to start a Manager for the EKG business. Business travel STREAMNOVA a company I co-own with Juan
water bottling company that will sell under the takes him frequently to Asia and Europe. He José Ortíz (MBA ’01) and teaching some part-
label “Bahama Clear.” So, if anyone is visiting periodically sees classmate Ellen (Klee) van time MBA courses at a local program down
Nassau and feeling thirsty I’ll be happy to Oostenbrugge in the halls at their GE office. here. My 20 month-old baby girl is learning
bring them some water. First bottle is free! I John’s oldest son, James recently turned 16, how to pronounce a few words in English and
can also show them where Anna Nicole Smith hit 6’ 1” and 175 lbs—same size as his dad, my wife is doing superbly. I would be glad to
is buried. I had the pleasure of recently seeing and just a sophomore in high school, took the provide my resume if anyone is looking to do

64 • DARDEN Spring 2007


Ralph Baker (MBA ’93) put his stock
into youth basketball and he’s been reaping dividends
ever since.
A founder and the executive director of the New
York Shock Exchange, Baker coaches New York City
kids on the fine art of hitting the hoops, while blend-
ing some practical financial education into the mix.
“It’s an effort to teach basketball and business,” he
says. “We basically try to provide physical and mental
stimulation through athletics. We teach life skills, how
to handle, save and invest money. We teach them how
to make your money work for you.”
Baker founded the youth league in December 2005
as a way of giving back to his community. Today, the
NY Shock Exchange includes 36 children on three
teams from 3 teams—sixth, seventh and eight/ninth
graders. They play other teams in Brooklyn, where
Baker lives, and throughout the east coast. The 35-
business South of the Border.” game season runs from mid-May through August.
Nearby in Mexico City, Rita Schreyer “Anybody can sign up,” Baker says. “We have tryouts for the team where
has truly been living la vida loco. She flew we’ll go to different recreational leagues. I go around and scout parents. And we
all the way to Cincinnati to demonstrate her go by word of mouth. It’s been successful. It’s only been around for a little more
investment banking networking skills, Latin than a year, but I think the kids are getting something out of it.”
American style, as she and Jennie Logan (MBA Parents and corporate sponsors cover the cost, plus Baker and his board plan
’03) went mano-a-mano over several bottle of
fundraisers to help with expenses. Baker works at Earnest & Young for their
vino. Unfortunately, there was no clear winner.
Transaction Advisory Service when he’s not coaching b-ball or helping kids un-
In addition to enjoying a very generous housing
budget and promoting capricious consumption derstand the stock market.
all across Mexico City, Rita was also elected “This hasn’t been just me,” he says. “We’ve had involvement from a lot of
assistant treasurer for her local Mensa chapter! people. It’s a family affair. A couple of guys on the board are friends from my
And to think, they didn’t even give you a undergrad days at Hampden Sydney College. Jandie Smith Turner (MBA ’93)
Shermet! Life just isn’t fair, Rita. designed hats for the players.
Tanya (Kulbitskas) Tolpegin reports in “My son’s on the team too,” Baker says. “It’s a way for me to give back to
with the following news flash: “Managed to the community. If you have something to offer you’re doing yourself a disservice
lose 30 pounds AND take a promotion as CEO if you do not. You can’t sit on the sidelines and criticize if you’re not involved.”
of the Professional Landcare Network — a not- Players pick their own stocks. The kids generate investment ideas while
for-profit trade association in Northern Virginia.
learning about p/e ratios and poring over research reports. “We cut the wheat
Almost didn’t get the job because they said I
from the chaff,” Baker says. “We figure out which stocks are overpriced. We
was too “business oriented.” Interestingly, the
lost 30 pounds and the promotion are both at look at the fundamentals.”
the top of my list to maintain.” The teams hold small stock positions in nominal amounts.
“Carol (Bennett) Anderson here, giving When the kids aren’t picking stocks or popping three-point shots, they might
probably one of my first updates in about five be picking up on the subtleties of “Shockisms,” which are slang terms suitable
years! I am still with Capital One, coming up for a basketball court or a boardroom. These include “Big Hat, No Cattle,”
on year nine. I did make a change last year and with a meaning that changes to fit the situation:
relocated from Richmond, where I had been In Business
working for the company and now work in the “A man who constantly sports a suit with double vents, wing tips, and a
corporate headquarters in McLean. My husband
Hermes tie, but (i) has never completed an acquisition and (ii) if pressed, would
Robert and I live in Arlington, and despite being
be unable to articulate the difference between a good deal and a bad deal.”
in complete shock at the cost of housing in the
DC area, we love it. After about a year here we On the Court
finally feel settled in, got the boxes unpacked, “A kid sporting Air Jordan sneakers, an AI sleeve, wrist bans, baggy shorts,
and can even get the car in the garage! I have and a New York Shock Exchange original team jersey, with no game.”
been in human resources at Capital One, and In The Real World
my current role should be of interest to our “A man with a big ten gallon hat, Wrangler jeans, and cowboy boots (with
classmates. I head up our global executive spurs), but (i) does not own an oil well, (ii) does not live on Southfork, and (iii)
compensation and equity department, so his girl looks nothing like Sue Ellen.”
anyone needing some tips on how to negotiate The idea is to make the business world accessible by relating the world of
the best executive comp. package just send me sports to the world of finance and investment. Making it fun is just added value.
an email! That about sums it up for my news….
Visit the program online at newyorkshockexchange.com
no kids, just my 13-year-old West Highland
terrier, Maggie. Robert and I enjoy traveling

www.darden.virginia.edu • 65
Class Notes
when we are not working. We are planning at Wachovia Securities—promoted to Chief all taking swimming lessons with Ken and Hiro
a trip to Hawaii for our 10-year wedding Operating Officer of Global Markets and taking tennis as well. Lately, we have been
anniversary this fall.” Investment Banking last year. Love Charlotte going bowling every weekend and make
Mark Bivona sent a graphic review of the and my 10-minute commute to work! Looking quite an impression on the reserved Japanese
movie 300, proving only that he is still alive. forward to meeting Joe Zuber, Dave Wise bowlers with Max trying his best to throw the
Mark joins the likes of David Richardson, who and Mike Burke for boys’ weekend in Fort ball as far down the lane as his little body will
offered proof of life with a teaser that he would Lauderdale in April. It is Wise’s first surfacing allow. Let us know if you will be in Japan!”
update us later on his life…and then left us in a few years! Michael Henshaw and I Sheryl Brown: “I am enjoying life as an
hanging. We’re still waiting, guys, but at least attended our annual father-daughter dance independent marketing consultant in Stamford,
we know you’re out there. in February—Michael does a mean shag (who CT, and love running my own business. My
Laura Riccio, co-winner of the shortest would have thought Elvis could shag?).” husband works for the City of New York Law
resume award, did some name dropping of her Ian Ratcliffe attended “a couple of Darden Department, so at least one of us gets paid
own: “I am still with PriceWaterhouseCoopers... gatherings involving Frank Sands. Carl when we go on vacation. I have always hated
the same firm I started with in July 1994 Peoples, Hunter Reichert, Graham Anthony, accounting (Bob Franzetta can confirm this),
right after Darden. Three years ago, I stopped Trip Davis and Alfonso de los Casares went but it is interesting that I find it so captivating
working in the litigation and bankruptcy skiing together in January Aspen. The skiing when I am managing my own books. I had
consulting area (the Enron Anderson debacle was fantastic especially with masses of snow. forgotten what a journal entry was for the
put a crimp in what services firms with audit The drive home from Aspen to Denver by car last 13 years! I enjoyed a great trip to Vail last
services can do) and started working internal (because they closed Aspen airport) by Carl, week where Marianne (Kender) Gatten joined
to PwC on strategy and innovation. I’m getting Graham and I was absolutely terrifying—a sheet me on the slopes for a day of spring skiing.
married in just about three weeks to Mike of ice from end to end, never again! Graham Marianne must hold the prize for a job held the
Augustin. He’s an agronomist (that’s fancy Anthony, Hunter Reichert, Damon DeVito, longest since Darden. She is still with a division
for golf course superintendent) and works at Rob Archer and Andy Colyer got together in of Emerson Electric, the company where she
Belle Haven Country Club in Alexandria, VA. Charlottesville on Friday March 2 at my house started work after graduation. She and her
We just moved a whopping two miles away and again on Saturday night March 3r with 100- husband Paul have two great kids, ages 4 and
from Old Town Alexandria to the Rosemont odd friends and family at Frank Sands’ house in 10 months.
neighborhood (also in Alexandria) 3 months McLean to celebrate Frank’s 40th birthday. The Mark Riser sent in his Top 10 events of
ago. Our new home is around the corner from Thievery Corporation entertained us at Frank’s Darden Alumni for 2007: 1) Graham Anthony is
Richard Elder (still at McKinsey), his wife Pam house—they were fantastic, what a weekend to eloping to the Dells of Wisconsin to get hitched
and their twin sons as well as Sarah (Wells) remember!” and will follow-up with a party this Fall in
Kocsis (now at Amgen) and her husband Atilla. Christian G. Balbontin writes, “I left November in Charlottesville; 2) Big Bob Amos
The lobbyists still outnumber the MBAs in these Corporate America to launch an adventure is getting hitched in this spring and went back
parts, but our critical mass is gaining ground travel company (www.highlandadventures. to work for IP after a stint with Cliff Ferrah’s
—at least in our neighborhood.” com). I am banking on all the rich baby consulting firm; this is Bob’s third stint with IP
Pat Periolat writes, “Yes, there is life boomers beginning to retire this year. You really or a derivation thereof; he’s a product guy …;
after Darden...only the pay isn’t so good! It is need to check this out! In terms of upcoming 3) Mark Dewey is teaching at the University of
amazing, though, how much of my Darden news, we are moving back to Key Biscayne, Texas; 4) Wilbur Ellis (ELM Capital) merged his
teachings I am using in preparing the UVA Florida this coming June. Also on the family firm — get details from him; 5) Gayle Schreier
Hospital Auxiliary (we celebrate our 100th front, my son Nicholas just reached No. 54 in is living in Charleston on the beach and doing
anniversary in 2008!) for the next century. tennis in Georgia for boys 10 and under. quite well it sounds like; 6) Doug Fletch is
Those OB, accounting, operations, finance, Overall, life is awesome and I am having lots of still living large in Bozeman when he’s not
negotiation, marketing, (maybe not QA!), ethics fun running my own small business...and yes, I spending a month in Aruba or the like learning
classes come into play more than one would do have more time to spend with the kids (per to sail; 7) Bryan Simms was seen partying with
think when leading a volunteer non-profit Jorge’s comment on the last issue).” The Dave Matthews Band last November in
organization. The only thing I could have used Chris Howe writes in to tell us, “In case Charlottesville, or at least he was in the same
more was a class in cajoling. On the other she is too modest to brag for herself, Elizabeth building anyway; 8) Mike McConnell is living
hand...keep your day job: they pay. Oh by the (Kirk) Weymouth made Crain’s ‘Top 40 under large, investing private equity in small public
way, we added our 20th grandchild last year.” 40’ list so that is definitely worth a mention.” companies; 9) so is Kent McCammon; and, 10)
Julie (Whang) Koh tells us, “I’m about to head F. Lee Crockett writes, “After three years in I Saw Chris P last November in Richmond and
to LA with my family for spring break, and I’m California, we returned to Tokyo, where we have she’s looking well and prosperous with her firm
getting together with Emily (Landrum) Brown been now for the past two years. Our move Snowbird Capital.
and Joanna Bressel and their little girls. I’ll also back to Japan was due to my taking a role as Kathryn (Welsh) Thompson: “I got a new
be visiting my sister, Suzanne Whang, host of head of marketing at Coleman Japan. So far it position within Springs. I now manage the
House Hunters on HGTV, and winner of ‘Hot Slut has been quite fun for me and my family since towel business. We make these in Brazil so
of the Day’ on www.dlisted.com. You can thank I get to work hard and play hard, often at the instead of flying to China I go to Brazil. No, it is
Mia Paterno for pointing out to me that my same time and occasionally with my family not an easier flight. In fact it takes me just as
sister was on that website. What Mia was doing in the great outdoors of Japan, 70 percent of long to get to where I am going and I have to
surfing on dlisted.com is another story. Other which is mountainous. My wife Yumi holds fly coach. I know those investment bankers do
than that, I’m still working at Sophia Wireless down the fort at home during the week by not even realize that coach exists but it does.
part time as CFO. We make kick-ass solid state trying to keep one step ahead of our three The Hinshaws and Thompsons went to Las
power amplifiers and block up converters for very active sons, Kentaro, 12, Hiroyuki, 10, and Vegas in September 2006 and had a great time.
satellite communications. I guarantee no one Maxwell, 3. I try to provide as much relief to her I hear it is a frequent place for Dardenites. You
will actually know what we do even if you print on the weekends as possible by acting as scout may want to survey the crowd. I am training for
it.” (Guess what, Julie…you’re right!) master and activities director for our family a sprint triathalon in June (1/2-mile swim, 17-
Dave Nielsen reports, “In my 9th year troop. At the moment, Ken, Hiro and Max are mile bike, 5K run) to raise money for Leukemia

66 • DARDEN Spring 2007


and Lymphoma Society. I will ask for money.... Cutco last summer), in December of ’08, let me Richard runs his own private equity business
anybody want to donate? know. My organization continues to expand named Frontier Capital. I’m still with the asset
This from Bob Maus: “After a couple ‘fun’ across Southwest Virginia. Brain injury has management-consulting firm Cambridge
years at AOL watching the subscription base been in the news lately (Bob Woodruff) and Associates (12 years this June) in their Arlington
go from 21 million plus to below 15 million, so, lots of people are getting more familiar Office. Speaking of which, we hired Darden
I was recruited to join HP down in Houston, with how my case managers can help people classmate, Joe Marenda, last year to do hedge
running business strategy and operations with brain injury get integrated back into fund work for us in our Menlo Park, CA, office.
for one of their software business units. I their communities. We are expecting a lot I think we now have about seven Dardenites
joined HP early last year and my family joined more of these folks in a couple of years when at Cambridge. My wife, Judy, whom many of
me in The Woodlands, TX, in June. Once my the Veterans Administration releases brain you met during Darden, is doing fine, as are
wife Kristine and I got settled into our new injured vets back into their home communities. our 8 year-old twin daughters. The only real
house with our 3-year-old daughter Sophia, Unfortunately, business will be booming. I do heartburn these days is the increasingly awful
we made the decision to expand our family have part ownership of a home in Snowmass, traffic in and around DC. If you’re in the area
and we are happy to announce that Gabrielle CO. We are always looking for folks to rent it. and want to hoist a cocktail or beer somewhere,
Elizabeth Maus (Gabi) was born March 7 at If interested, go to www.alpineproperty.com, drop me a line!” Kerry signed off on his note,
7:50 p.m. in Utah. Kristine, Sophia and Gabi click on rentals, select Snowmass rentals, under “Here’s to Section B.... “ and then actually ended
all had an extended stay in Utah as we waited indirect ski access, 4-bedroom home, then click his note with a post script wondering, “where’s
for Texas to approve the adoption paperwork. on Butler. Take the virtual tour. It’s a lot of fun Steve Brase?” Steve, if you’re out there, get in
Fortunately, Bob Franzetta was generous and and we are adding more beds for the ’08 ski touch with Kerry!! Your class secretaries would
offered his ski house to us as a place to hang season. love to hear from you, too!
out as we awaited the approval process to Tamara (Harvey) and Jorge de Dios also Not coincidentally, Richard MacLean then
move forward (I have no idea why this would had a quick note of thanks to Topper Power for reported on the news from his and Hillary’s
take a couple weeks, but that is another subject his help and support during their trip to Russia front in Charlotte, NC: “It was great to run into
and apparently specific to Texas). Having a last May to finalize the adoption of their son. Kerry in the airport this month. He has not
nice place to stay was a huge help and I can’t Topper often travels to Moscow for his job and changed one bit in 10+ years! I started Frontier
say enough how much we appreciated the they had hoped to meet up with him during Capital in 1999 and we are wrapping up raising
kindness. My only mistake—not knowing about their trip. It didn’t work out, but Topper sent his our latest partnership, a $100M growth equity
Bob’s ski house sooner and offering Bob lots of friend Nina who lives in Moscow to meet us. It fund. It has been a lot of fun and a lot of hard
bribes in order to visit for ski tips! Once we got really helped to lower the anxiety level to know work but we have built a great team at Frontier,
the ‘ok’ from Texas, we all returned to Texas and that we had a friend in Moscow should we need recently adding a new Darden MBA. Charlotte
I am now looking forward to my life returning one! has been good to us. Hillary and I have two
to normalcy—if one could call having a 3-year- great kids, Emma, 8, and Mac, 5. I live a few
old and 3-week-old in the house ‘normalcy.’ doors down from the Faisons which is great
Needless to say, I am happy to have two
’95 because they have an out-of-control home
Labradors that I can take for long walks when Supriya Desai theater (you know he is in the business). This
I need to... If anyone is considering domestic connection comes in handy for major sporting
adoption, please feel free to reach out to us. It Hi, everyone! Things are a little busy at the events like the Super Bowl or March Madness!
was a great experience that, while at times had moment for me, what with coordinating Olga and Jay now have three kids, two girls and
its anxious moments, was very rewarding. relocation (back to New Jersey/NYC) after their most recent addition a boy (Henry). All is
Cameron Smith: “Still living on the farm finding a new job, so this edition of the notes well in the Queen City.....”
we share with cows, chooks, a dog and any will be pretty straightforward. If you’ll forgive From not-so-distant Atlanta, Chris Baradel
variety of snakes or goannas my two boys my lack of creativity invested in this set of shared the latest and greatest, and we always
have managed to get hold off. I own and run a notes, I promise that Barbara, as always, won’t appreciate that he stays in touch: “Hello
small specialized management consulting firm disappoint on the next issue! By the way, we everyone—hope this note finds you doing well.
focused on performance improvement, mainly welcomed 12 new members to the Class of We’re enjoying the 65-degree weather here and
to the manufacturing & heavy industry sectors. 1995 Yahoo! Group site (http://finance.groups. sympathizing with everyone up North fighting
Looks like we will be headed back to the US in yahoo.com/group/dardenclassof1995/) at through the sleet and snow. My recent news is
five years when my oldest son gets to college. the end of 2006, making a total of about 80 that I left McKinsey in October, after 3 terrific
In the mean time I am just working hard to member classmates. Log on to post your news years there; the travel was starting to wear on
pay off the school fees! We have been most and read messages from your classmates. me and I was missing my wife and baby girl too
fortunate with Emily’s MS not slowing us down Yes, for anyone that actually reads the class much. I joined Georgia-Pacific in their strategy
one bit—in fact she has not missed a beat since notes rather than doing a quick-scan for their and business development group. GP (which
we have started a new drug treatment. Many name (no worries, I do it, too, and I write half of makes paper-related products such as Brawny
thanks for your thoughts and well wishes.” And these!), I am moving once again. After less than paper towels, Quilted Northern Bathroom
no, Cameron, we still don’t have any clue what a year of living in C’ville and working at Darden, Tissue, Dixie cups/plates, and the touch-less
“chooks” are here in America. I resigned my position and am returning to paper towel dispensers in public restrooms)
Helen Butler wrote in, “Well, my daughters management consulting as an internal strategic was taken over by Koch Industries (the largest
have new boyfriends. Second daughter Renee change advisor at PwC in NYC. Don’t ask…I’m private company in the US) about nine months
is a junior at University of Tennessee majoring just looking forward to moving on! before I joined GP, so I’m getting to help change
in logistics with a minor in marketing. She starts Kerry Kirk sent an update from northern the culture and grow our business. The work
a six-month internship with Unilever in July VA: “I recently ran into Richard MacLean, one and the people have been great so far, and the
then returns to UT and finishes in December of my study group mates, in the Charlotte lifestyle is even better. I get home in time to see
2008. If anyone works in a company in need airport, where we were apparently on the same Ava before she goes to bed, to have dinner with
of a smart, talented, young professional with flight to Washington, DC, (me coming home my wife, and even to squeeze in a little exercise
experience (she was a branch manager for from business in Florida and he to do business (I’m trying to get back into shape by running
in DC). We had a short while to get caught up:

www.darden.virginia.edu • 67
Class Notes
the Atlanta marathon at the end of March). rewards when family, friends, and supporters Martha Piper recently moved to Boston “so I
[Chris, you should get in touch with Erica Coles shop online for themselves. Troops can use the have seen her a lot and am glad she is in town.
Jacobsen, another fellow Darden-grad-turned- rewards to buy gear for themselves, flowers I see Josh Brand sometimes, though not as
marathoner!] I’ve used the extra time at home for a spouse, or toys for the kids. Why did we much now that he has moved to Lexington.”
to train Ava so that if she needs something create it? Our troops make sacrifices every day. She ended her update by commenting that she
(food, diaper change, etc.) she says “MaMaMa,” Whether it’s serving in Iraq or Afghanistan, on was enjoying winter since the snow had arrived.
and if she wants to play and have fun she says a military base or post in the United States, or She managed to leave out, however, that she
“DaDaDa.” Life is good! If you ever find yourself spending time away from families in a reserve likes to dress up as Jackie O…
in Atlanta, drop me a line and we can catch up.” unit, all service men and women deserve to John Ebner, on the other hand, made sure
Recently, Tim Heaps, also in Northern be recognized for their efforts. Now, folks who to mention that tidbit to us when he sent in the
Virginia, was kind enough to help out with want to give something back can do so by following update: “Last June, from the grounds
the summer internship search for a Class of doing their everyday online shopping through of a Georgetown home with sweeping views
2008 Darden MBA. By way of making that the MyTroops site and earn rewards for the of the Potomac, Martha Piper hosted a 1966-
student-alum connection, we received this individual troops.” All a supporter has to do themed costume party with many Dardenites
updated from Tim: “Work (at PRTM) is great is visit the website, select a troop to support in attendance: Josh Brand and his wife Cheryl
and family is great. Annemarie and I are both (you don’t even need to register), select a as a Yale-aged George W. Bush and girlfriend;
really busy. Jack is 9 years old (3rd grade, soccer, retailer, make a purchase and, ideally, repeat! the entire cast of Gilligan’s Island—John
hockey, lacrosse), Fiona is 6 (kindergarten, If you know someone in the military, they can Ebner as Gilligan, Kassie and Chris Repetto
gymnastics), and Phoebe is 3 (pre-K 2 days a register by visiting the website, then let family as Ginger and the Skipper, Alessandra and
week, gymnastics…sort of, Mommy’s helper and friends know to visit the site for their Clayton Rose and Mr. and Mrs. Thurston J.
whether she wants it or not).” Obviously, they shopping needs. For any questions or glitches Howell, III, and Susan and Mark Cox as Mary
have been busy! Thanks for the update, Tim! (the site was in beta version when they sent the Ann and The Professor; Maura Mahoney and
Oh, and he sent a quick note about his brother, message), email Emily@MyTroops.com. Keith White as Harper Lee and Truman Capote
also a Darden alum: “My brother is living and It was also nice to hear from Pablo Garcia straight from the black and white ball; Bill and
working in downtown DC at the Department of Barnetche in Argentina: “Hello my fellow Katita Strathmann as extremely convincing
Justice. He’s having a great time [Tim wrote this Dardenites. Just wanted to let you know that Sonny and Cher; Maryann Ford as Mama Cass
LONG before the attorney-firing scandal!]. I see we are doing great. I just returned from a very complete with half-eaten ham sandwich (an
him all the time.” exciting vacation at Tierra del Fuego (that’s urban legend); Margaret Lowance Rorick as
It was great to hear from Steven Soranno quite literally the end of the world) with the Jackie O.; Emma and Wallace Blankenbaker
in late 2006 after such a long time: “My wife family...No new kids to report [seems like in true vintage garb and Pam Silberman as a
Anna and I are expecting our second child on there were new kids to report for several years Baltimore Oriole. Finally, Dan Love flew in from
Christmas day. We have a 2-year old daughter, in a row there!]. Felipe is now 12 years old, a great distance and convincingly played the
who is expecting a younger brother to arrive Gaspar is 10, and little Fernan is 3. Gaby and role of a Canadian. Great fun was had by all
[nice Christmas gift, huh?!]. Strange Darden I are very busy trying to manage the kids (I with drinks, music and candy all straight from
story: I flew from New York to San Francisco for should probably write a case on negotiation the 60s. The highlight of the party had to be
a technology conference a few months ago. techniques given the constant quarrels among Martha’s dad dressed as Billy Jean King.” Sounds
As I wandered the streets looking for my hotel, the kids). We have pictures posted on http:// like fun!
who walks by but Jeff Turnbaugh! I don’t know garciabarnetche.spaces.live.com/photos/. And, apparently the Howells’ marriage
how he recognized me, but it was a good thing Business is good. I’m still at Agrositio.com (yes, was still going strong even after a long
he did because I was spacing in wander mode! there are still some ‘dot-coms’ in business). shipwreck, because Alessandra and Clayton
Well, that’s about it from here. Hope all is well. Earlier this year, I attended a reception with Rose announced the birth of their fourth child.
Cheers!” Dean Bruner here in Buenos Aires. I was very Alessandra wrote to her Darden classmates:
Erica Coles Jacobsen sent a great surprised with the number of prospective “Mary Berit Rose (we are calling her Berit)
update on her marathon adventures: “After students that attended. It’s good to see that the was born on Feb. 20, weighing 7 lbs. and 10
a year of trying and running four (yes, four) Darden brand is growing here. Let me know if ozs. She is adorable (of course, we are a little
marathons, I finally qualified for the 2007 BAA you have any travel plans to Argentina...Keep biased!) and we are delighted to have her. Her
(Boston) Marathon! Also, in the process and in touch.” big brothers, Harry, 9, and Charlie, 7, couldn’t
unintentionally, I qualified for the 2007 NYC You might remember that in the last issue be more pleased and we feel certain that she
Marathon, too. So, if you’re in Boston on April of the class notes, we finally were able to include is being specially watched over from above by
16th - come out and cheer me and 20,000 an update from Elizabeth O’Halloran. Soon her big sister, Maggie.” Congratulations to the
others on! (Jury is out on whether or not I’ll run after she sent me the update, I learned she was Rose family.
NYC, too.) Happy New Year!” Erica, we’re sorry also expecting. Since that was months ago, Barbara also reminds us that Conan
this update won’t come out until after you’ve we’re happy to report today that Margaret Blake Owen and his wife Suzanne relocated to
finished the Boston marathon, but we’re looking O’Halloran was born Jan. 3 at 11:58 p.m. Little Charlottesville at the end of 2005. “They have
forward to hearing the results! Good luck! Meg weighed in at 7 pounds, 4 ozs., and both expanded their virtual spa empire to include
Mitch and Emily Wander have wasted Elizabeth and father Kevin were doing great! a bricks & mortar location called Neroli Spa &
no time since Mitch’s return from Iraq several Congrats, Elizabeth, and welcome to Meg! Apothecary in the North Wing of the Barracks
months ago. Having landed in Valencia, Spain, Margaret (Lowance) Rorick lives in Road shopping center.” You can check out their
they recently created a new online business Cambridge, MA, with her husband Mike and wares at www.neroli-spa.com. Supriya recently
called MyTroops.com where individual her 2-year-old son, Jack. She wrote in: “I am in tried them out and gives them a definite
troops—active/reserve, all specialties, deployed my fifth year working in marketing at Fidelity thumbs-up! Barbara also couldn’t help but
or stateside, and enlisted or officer—can Investments and really like the company. I am note that “Conan’s handicap has not moved
register for free to earn rewards that can be working in the stock plan services business, despite being just 15 minutes from the first tee
used at participating online retailers. Here’s building the executive services offering.” In the at Birdwood and Farmington!” That’s all folks…
the low-down from the Wanders: “Troops earn latest from Beantown, Margaret reported that have a great summer and keep in touch!

68 • DARDEN Spring 2007


’96 organizational behavior class could have
prepared her for handling the chaos and
As we do for each class notes, we attempt
to knock off another person or “Missing Link”—
Susan Lipetz Brown willfulness of the little people she manages. our classmates who are operating under the
Matt Tice and Erik Frederick met up for radar. Tim Abbott has been hanging around as
Hello all. My second edition of the notes
holiday in Tahiti with their families this winter. our latest target and still has not raised his head
(after taking on the task from Julie Murray)
Matt continues to live the dream running above water. Does anyone know where he is or
has come at a time where I have to admit I’ve
the Sydney office of the Balanced Scorecard what he is doing? The “Sasquatch” ranks, those
been distracted—so the first bit of news will
Collaborative. Erik just completed year six at rare breeds still at the same firm they started
be that we (my husband Steve and I) just had
Staples. He tells us that they recently promoted with out of Darden, have thinned even further
our first baby, Stephen James Brown III, born
him to aisle four, binders, adhesives, and staples and as far as I can tell represent less than 10
April 27 at 6 lbs, 7 oz. As I write these notes,
(their flagship product). Erik should be covering people. Is evolution possible for this gang of 10
I’m on Day 10 of his new life, and it has been
the register in no time! or will they always tread this path? Only time
a bit hectic. So this edition will be a bit short,
I took one last trip as part of my time off will tell.
but we’ll be back to full strength next time
from work, and in January, took a 25-day trip Tanja Aalto attended the reunion and is
around.
to Buenos Aires, then south/east from Ushuaia, one of the last Sasquatches although her firm
Other baby news continues, with Julie and
Argentina to the Falkland Islands, South has been purchased and renamed three times.
Phil Murray having another child, Fritz Murray,
Georgia and then Antarctica. I saw gorgeous Hang in there Tanja.
this past November. Fritz joins his siblings
scenery, hiked part of the historic trek of Ernest David Altman was also able to attend the
Joseph and Susannah in what must now be a
Shackleton, saw many icebergs, penguins, seals reunion, and reports that he now has his pilot’s
very busy household.
and even a few whales! license along with a home right at an airport for
And Kent Goeking sent news of his
Mary Jo Lampe started a new job in easy access.
overseas life. Long ago, he had told us of his
February with Olive Group North America as Ylva Magnusson Bengtsson was also
transfer to Singapore in 1999 with Deloitte
their vice-president of strategic marketing able to attend and reports two children and a
Consulting—and there he has remained for
and communications, “which required me to pending move to Moscow with her husband.
the past seven years. He has recently changed
relocate to the DC area,” she writes. “I’m excited On a side note, during the first day of the
hats by moving to Accenture in Singapore, as
to be back in the DC area and catch up with a reunion, Ylva received an emergency call from
the SE Asia Supply Chain leader. His personal
bunch of alumni. A couple of occasions have her nanny that their family boat was sinking at
life has seen change as well: in the past year he
already allowed me to catch up with others the dock—while the nanny attempted to bail it
was remarried to (a direct quote!) “a wonderful
in the class, including a great event hosted by out. We later found out that the boat survived.
Thai beauty named Mena.” He met Mena on
Jessica and Jan Malasek at the end of April. Mark Bonny reports from Houston
the idyllic island of Koh Samui “I had a baby
Present were Mike & Lisa Barnett, Neeraj & where he was recently promoted to director
boy born on Feb 12 named Kris who is doing
Wendy Bhagat, Lance (MBA ’95) and Luanne of financial reporting & analysis for Sequent
great,” Kent writes. He plans to stay in Asia; a
Lutschwager, Ajay (MBA ’95)and Seema Energy Management. Sequent is a Houston-
good opportunity given the economic growth
Laheri, Brad (MBA ’95) and Nicole (MBA ’97) based division of AGL Resources that deals
there. He hopes to transition to working in
Macomber, Art & Nene Spivey (MBA ’95), Mayur with natural gas asset management and
Thailand in the next couple years, but until then
Maniar and his wife, Tim Heaps (MBA ’95), Joe optimization. He travels frequently to Atlanta,
he continues to amuse himself racing his yacht
Heaps, Steven McLeaf and me.” AGL’s headquarters, but loves Houston, where
Solarmax in the local waters.
his wife and two children have made a home
On the business front, Mike Bucci
for eight years.
has been moving into entrepreneurship.
He continues to consult for Capital One in ’97 Mark Bridgers and family met up with
Joanna Bradford (a Sasquatch) and family
Richmond, Virginia, and has also spent some Mark Bridgers at Walt Disney World in February and spent
independent time developing and designing
Ten years come and gone! How could it have the day searching for every Disney character.
a product called The Painter’s Pyramid. He
happened so fast? For those of you who Joanna brought all three of her children by
has the manufacturing established in China,
missed the 10-year reunion, it was a class herself and did not lose any of them; those of
and is working on marketing and distribution.
act and a great time was had by all. Fifteen you who have attended Walt Disney World will
The company is called K&M (after his children
years seems far away but will be here in no understand the magnitude of this feat!
Kaitlin and Matthew). Check out his website,
time. As a special note, don’t forget to thank Joanna attended the reunion with Rachel
painterspyramid.com.
those individuals that served on the reunion Burrows who now has a 22-month-old child.
Maintaining Darden connections, Kent
committee to make the event so special. Rachel also retains her Sasquatch status with
Carstater took Dean Bruner, Everette Fortner
They included: Jack Benson, Mark Bridgers, a continued career at Coke. Both Rachel and
and Edward Yu to lunch at Bar Americain in
Nadine Burnett, Karen Castellon, Dave Joanna enjoyed a good laugh on the first night
New York City in early May, looking to further
Cooper, Dargan Coggeshall, Rob Coury, of the reunion after Mark Bridgers spilled an
his company Keefe Bruyette and Woods’
Lourenco Norton De Matos, Susie/Andy entire glass of red wine on her white shirt.
relationship with Darden.
Green, Deirdre McCaffrey, Gee McVey, Billy Kuan Chin reports from Singapore and
CC Howell is due with her first child, a baby
Newson, Kari Pitkin, Kevin Schuyler, Susan sent regrets regarding the reunion. She has
boy, in August.
Shank, Uday Singh, Henry Topping, and Cliff started her own company designing and
Molly (Baldwin) Hughes had her fourth child,
Yonce. making one-of-a-kind, high-quality handbags
Henry, in June 2006. From the basement of
On a sad note, many of you are already for ladies. These are not just any old handbags,
the incredibly loud Hughes house, she and
aware of the death of Dr. Michael Rukstad. He they are made from recycled, environmentally-
her husband Jerry have launched an online
was an advisor to Section B and our faculty friendly materials imported from Japan.
community news website in their Chicago
leader at graduation. At age 51, attacked and The brand name, “Kirei” means “beautiful” in
suburb, Hinsdaletalks.com; Molly somehow
overcome by cancer, he died in May 2006. Those Japanese. The business is growing rapidly with
squeezes in this work between diaper changes
of you who are interested can download an several boutiques carrying our products as
and loads of laundry. She realizes that no
obituary at the Harvard Business School website. well as through the www.phoenixdreams.com

www.darden.virginia.edu • 69
Class Notes
website. The company’s values include being at a Swedish think tank in Malmö and ultimately Diego without children. It was a great break
socially and environmentally conscious, and to left in 2005 as the firm was crumbling. Deciding and they enjoyed the time off.
that end, they employ indigenous people who that enough was enough, she started her Tom Lacy, finally self-reporting, versus
are upholding their weaving traditions, as well own company providing analytical and policy everyone else sending in details of what he is
as senior citizens who serve as seamstresses. advisory services to government agencies and doing, described great fun. He is a managing
Great work and keep up the tradition— ministries. Primarily focused on the Baltic Sea director at middle market investment bank
everyone should visit the site and consider a Region, the business has proven a success. All Robert W. Baird & Co. Based primarily in
small purchase! the fun encouraged her to begin working on Milwaukee, he spent a year in London,
Dargan Coggeshall reports a second a PhD. which she continues to pursue while England. He and Steven Saunders worked
child, those of you at the reunion met the entire trying to maintain a business and family. She together on a complex Morris Trust merger
Coggeshall brood—interestingly enough, this reports that Ylva Magnusson Bengtsson transaction (which won Middle Market Deal of
last addition was born on Halloween 2006. and Joakim Karlsson and her see each other the Year in 2005). He also worked with Kevin
Always involved, Dargan and Henry Topping frequently and that Joakim’s wife and Ylva have Kaeppler (MBA ’98) in a recent M&A transaction.
led the planning for the reunion. One special started a small business together. Thanks for Jim Brady, like a bad coin, keeps turning
note of thanks to Dargan for helping to the notes Emily and keep them coming. up as well in his new LBO role with
coordinate the cocktail party the first night of Josh Harrison missed the reunion due to Relativity Partners. In a string of (perhaps?)
the reunion at the Charlottesville Downtown a family commitment but reports continued coincidences, Derrick Williams joined Baird
Mall. This was a great site and enjoyed by all entrepreneurial success. He is now in his second last year, Reaves Wimbish is married to a Baird
ages. year of a 40 percent ownership stake in five senior banker in Chicago, and John Lanza (MBA
Rob Coury was able to attend the reunion Burger Kings in Salt Lake City. He reports the ’98) is part of the Baird Milwaukee team. Tom
and reports to be a partial Sasquatch as he still day-to-day needs are exciting in a way that and wife Jane report seven years of marriage
retains a financial and ownership interest in the corporate life just can’t match. Accounting that have produced a 2-year-old daughter,
firm he started with out of Darden. He also lives 101, finance 101, HR 101, are all the basic Catherine. As reported in our last notes, Tom
in beautiful Portland, OR. requirements, and to let off steam, he will attended Jose Maria Cazal-Ribeiro’s birthday
Jennifer Creel attended the reunion with participate in his 14th marathon in Boston in bash in Lisbon and reports that “What happens
both her 2-year-old daughter and a 2-month- April. Rob Hays reports he could not attend in Portugal, stays in Portugal.”
old. the reunion in part due to a new role at work Myra Lee with Bernie in tow attended the
Also in attendance at the reunion was Eric requiring that he be in New York City. We miss reunion. They now have two children. Bernie
Dzwonczyk who squeezed in a round of golf at him and hope to see him at the next reunion. and Gee McVey win the award in my opinion for
Birdwood. He lives in the Philly area and works Gibboney Huske, unable to attend the least changed. Both look like they just walked
at Campbell Soup Co. reunion, reports frequent travel and the honor out of the chili cookoff before we were banned
Rod Gibson attended the reunion from of having her home selected as an open house from running it on grounds!
the UK and reports a recent marriage and during Garden Week. She still lives in Annapolis, A.T. Masterson and husband Eric report that
one son. His wife is from Ireland and naturally MD, and works for Legg Mason Capital they still live in Decatur, GA (a small town inside
birthed their 11-pound son. She must be quite Management as a technology sector analyst. the perimeter of Atlanta). with children Sarah, 4,
a woman, as Rod attested to. She reports frequent attendance at UVA and Matthew, 18 months. She is still working for
Virginia Hewitt Gilbert missed the football, basketball, and lacrosse games. Unique World Wines selling wine to retail and
reunion due to a family conflict but still Amy Joseph was unable to attend the restaurant accounts. She switched careers “after
reported in with notes. She now lives is Chapel reunion but says hello. Living in Vienna, VA, she moving back to Atlanta from California and
Hill, NC (just down the road from Mark Bridgers inventories the following: “one husband who having my first child, with great interest and
and very close to Susie and Andy Green), spends a lot of time on the road, four kids (8, 6 passion for fine wine vs. banking/consulting.”
from Louisville, KY, and before that from San and 5 year-old boys and a 2-year-old girl), three We should all be so lucky!
Francisco. In Louisville, she was working for lizards (one bearded dragon and two geckos Deirdre McCaffery served on the reunion
an advertising agency as a VP of account that are filling the tank that the bearded dragon committee and reports in from Baltimore,
management for advertising for Mikasa & Yum! grew out of), one fish (won at the local fair, not where she works for Constellation Energy.
brands. Currently running the family, she and expected to last the weekend, and still with Brian McCracken reports that he could
her husband have two little girls, Ella & Eva, us two years later) and one very noisy African not attend the reunion but sent his best wishes.
ages 3 and 1. Both are loving North Carolina. Grey parrot that “wintered” with us when the His wife Laura had their first child, a daughter,
Torrance Houlihan and his wife Christine grandparents went to Florida and somehow Alana Vivian McCracken, on Dec. 14, and
attended the reunion with family in tow. never left.” The work-life balance as a traveling everyone is doing well adapting to the change.
Christine is a researching physician work at the consultant was not balanced, and she shuttles Steve Mendelsohn was unable to attend the
UVA hospital that helps keep them both in and the crew above to various social engagements reunion due to family obligations. He is now
around Charlottesville a lot. and sports events and tries to fill the paid work living in Barcelona with a new house and his
Ron Green added to his family last year, void by over-volunteering at the kids’ school. wife Marta is running the show.
which I believe went unreported. Their adopted Some recent disruption in the family is due to Chris Murphy, still Information Week
son, Ronald William Green was a fantastic the fact that their wonderful part-time nanny executive editor, attended the reunion and
addition. As if parenthood was not enough, he has finally finished her bachelor’s degree after looked as good as ever. He reports no great
has also left Northrop Grumman and started six years and just made the decision to move excitement other than the prospects of getting
with a small defense contractor, Gryphon back to France. She lives a couple of blocks back to Charlottesville and seeing everyone
Technologies. from Sarah (Bernard) Helmicki and they again.
Emily Wise Hansson attended the reunion periodically discuss what business endeavor Dan Newhall, sporting four children and
and reports great gobs of information to catch they will undertake once their children are a wife along with a fantastic home along the
up since 2003: “Where do I begin? Change in all in school. “It may never happen, but the Main Line outside of Philly, reports all is well.
job, change in husband, change in extended discussions help keep us sane!” she reports. Attending the reunion, he had a great time
family, how much change can one person Nate Kredich and wife Sherri attended seeing everyone and even convinced Mark
take?” After leaving Accenture, she first worked from all the way across the country in San Bridgers he may attend the 10th Annual Crab

70 • DARDEN Spring 2007


Fest to defend his 4-year-old record in ice cream at restoring it. time they had in April at their 10TH. On to the
churning. For those of you who are interested, Susan O’Neal Gear, who attended the news . . .
he churned by hand two gallons in 14 minutes! reunion, reports from Tampa, FL, with family Cheryl Wilson is still with P&G and has
KIP Pagach and wife Dana meet addition news. She and husband Kevin made the move to Los Angeles from Cincinnati.
periodically with Georgina (Peter) Price, welcomed a daughter, Madeleine Cady Gear, on She is a franchise owner for Graham Webb
husband Jeff, and son Jake. June 8, 2006 making two daughters. International - a P&G hair care company with
David Pimpo reports in and also offered Julie Steckel also experienced an three brands - Back to Basics, Graham Webb
photos of the Navy ship on which he serves, unexpected meeting with a glass of wine to Classic and Halo. She is new to the area so you
the USS Ronald Reagan. He reports interest her shirt during the first night of the reunion. locals need to roll out the welcome mat.
in potentially moving to North Carolina Ironically Mark Bridgers was the culprit again Jeff Lyons checked in from Charlotte and is
and I say come on down! His wife of seven with this glass of wine. in the midst of all sorts of excitement that
years, Margaret Ann, runs a dental practice Bill Stilley still lives in Charlottesville and we hope to report on next time when things
in Coronado, CA, where they just hired a new traveled the shortest distance to attend. He is are a bit more concrete. His son, Scott, is in
dentist in the office to free up some of her still working with the bio-tech firm and loves kindergarten and has avoided the emergency
time. The home they live in was honored by his work. room despite a newfound interest in
the local historical society and survived a Mark Timperman and wife just had a skateboarding. Claire is three and prepping for
lengthy remodel/renovation that now makes new baby and Mark received parole to attend a big dance recital in June.
it the pride of the neighborhood. David is still the reunion for one day, which he thoroughly Silas Byrne is setting down roots in the Big
acting as a supply officer for the Navy and was enjoyed. Apple where he now has a newborn daughter
able to participate in the maiden overseas Tracy Whelan was unable to attend, and Rose (born in November) to join Margaret,
deployment of the USS Ronald Reagan in reports that her 2-year-old son, Parker is all boy. 3. Silas works for Vesta Capital Partners, an
2006. Last year was also his 20-year Naval Her family also has a golden retriever (originally investment management firm and is juggling
Academy Reunion and 2007 will be his 25-year brought into the family while at Darden). a job and children while his wife is getting
high school reunion. The Navy has selected Husband Kevin is responsible for bringing through graduate school for her master’s
David for a Wharton Executive Program after home the bacon, and they have a great home degree in social work.
his recent promotion to Captain. He will likely that they plan to grow with and renovate over On the overseas front, Alicia English
be deployed to the U.S. Northern Command the next couple of years. emailed from Weiden, Germany in Northern
in Colorado Springs later this year which is Jay White was unable to attend the Bavaria. Her husband Lee is back from Iraq after
again an honor and a typical stepping stone to reunion but we received a report that he has a 12-month deployment and they are busy with
further promotion within the Navy. three kids and is still working at Prudential in 4-year-old Nash and 2-year-old Zibby. Alicia is
Living in London and managing director of Atlanta. busy volunteering as a family readiness group
Yahoo! Search Europe, Jeff Revoy and wife Cliff Yonce is now working for Siguler Guff advisor to support Army families.
Brandie added their first child, Jack Luca Ambler & Company in New York City. I am not sure Becky (Wood) Albright chimed in from
Revoy to their family. Great name for a great what they do but am confident Cliff was a great Cardiff, Wales where she is chasing Ewan, 5,
addition. Jeff also reports that Jeff Glavan, addition. and Grace, 3. It is a little-known fact that I spent
working/living both Europe and Asia for Tracey Lake informs us that “I am settled in the first several years of my life in Wales and
Lehman has much news to report—if so, send Seattle and am doing real estate development, based on what I’ve been told I sounded like,
it on Jeff. specifically condo conversions. I continue to I’m guessing Ewan and Grace have some pretty
Leveraging his operational and study Spanish since completing my Peace cool accents.
management experience, Ben Pivar now has Corps tour in Honduras. I recently returned Chris Hiland is out of the running for
over 80 consulting staff reporting to him at Cap from a vacation to Vietnam and Cambodia.” longest tenured employee, as he has changed
Gemini in Atlanta. P.S. For those of you on the east coast or jobs and is now CFO for a division of Ipsos,
Attending the reunion from the greatest with travel lust, I will be hosting the 10th Annual a market research firm out of Chicago. From
distance was Tetsuo Shinobu with his wife Crab Fest on Aug. 11 this year at my home in personal experience, if you ever need a
Kyoko and daughter. The entire family had Raleigh. Each year someone startles me that restaurant recommendation in the windy city,
a great time and looks forward to the next attends. Who will it be this year?! Chris is your guy.
reunion. Keep the good news coming and we appreciate Caroline (Worrall) Munger has switched
Henley Sims reports she could not attend all your efforts to keep us and your classmates careers as well, and is starting anew as an
the reunion due to family commitments. With informed. investment advisor and consultant. Her recent
two children and a husband, she still finds time claim to fame is that her two kids were props in
to study and train for a certification in EEG a YouTube video produced by her neighbor.
biofeedback, which for those of you who don’t
know, is a brainwave training process used
’98 Reunion Last but certainly not least, Betsy
Flanagan has started Startup Studio featuring
to assess brain injury, post-traumatic stress Bill Young weekly podcasts with entrepreneurs. She
disorder, epilepsy, etc. Because this training byoung@beaufortadvisors.com already received accolades from lots of cool
requires practical experience, her 2-year-old As I write these notes and flash back 10 years, people in the blogoshpere. For those that aren’t
has experienced several bouts of testing as a I would have been recovering from attending but so techno-savvy, we just like any excuse
guinea pig. Stacia Smith reports that she and the Spring Foxfield races and just beginning to use blogosphere in a sentence. Darden will
husband Carl welcomed a son, Drew Emory to think about the upcoming final exams to be distributing her podcasts at http://www.
Lingenfelter, to the family back on Jan. 16, 2006. complete the long march through our First darden.edu/podcasts/EntSeries.asp so be sure
His older brother Knox, a fellow redhead, is Year. And you know what that means! It’s to check it out.
now approaching 5 and the whole family is like almost time for our 10-year reunion so mark I am now six months into my new gig at
a southern fish out of water in cold Chicago. your calendars for April ’08 and drop me a Beaufort Advisors where we help life sciences
On the interesting side, Stacia and husband note telling me how much you’d love to help companies through the regulatory process of
purchased a huge old 1883 Victorian home last prepare for the big occasion. I just heard from FDA. A three year old company with a startup
winter and are still working, working, working, a class of ’97 alum raving about what a great atmosphere, it’s been a lot of fun and obviously

www.darden.virginia.edu • 71
Class Notes
a big change from making sandwiches. I Andy and Robin (Whaley) Grapkowski
have finally come to grips that after all the had their second child on March 15. Andrew
mean things I said in business school, I am Ryan joined big sister Katie in the Grapkowski
working for a consulting firm—albeit I’m the household.
business guy and not an actual consultant. On On March 19, Vadim Kapustin and his
the home front, I have officially transitioned wife Blanche (MBA ’00) had their first born,
into having kids rather than babies as I am Alexander Vadimovich. As are all the new
the assistant coach of the Tough Turtles, my parents, Vadim and Blanche are learning how to
4-year-old daughter Liza’s soccer team and get by on minimal sleep.
diehard spectator for 6-year-old Davis’ soccer Nicholas James joined dad Jim Cecil, wife Laura
and lacrosse teams. Word to the wise, don’t let and big sister Natalie on March 21. The Cecil
your friends convince you that two sports in family is growing! Congratulations to all the
one season is a good idea. After a family trip moms and dads!
to Disney World and an upcoming anniversary Jenny (Pocalyko) Latz sent me a
trip to Greece, Sabra and I are looking forward wonderful update. (Thanks, Jenny!) Jenny and
Philip Askew (MBA ‘00) and kids
to the summer and once again will roll out her husband have two children (3-year-old
the welcome mat to anyone that would like to Alex and 1-year-old Sophie) who provide them
and Jiggy Santillan also made appearances
come down to the beach. great joy and happiness. As far as career, Jenny
over the last year. Carlos remarked, “That makes
Until next time, keep the news coming and continues with SunTrust Robinson Humphrey
me really happy because I never anticipated
don’t forget to mark those calendars for April and now focuses on the real estate sector.
having so many of my classmates come visit,
’08. Jenny was able to spend time with Sonia
let alone come live here like Carolyn did.” Carlos
(LaRosa) Hounsell when Sonia visited Atlanta
wrote that note on the way out the door, for
last fall. Sonia and her husband Patrick
vacation in “Cartagen, a beautiful town in the
’99 Hounsell are busy parents juggling careers and
twins (Grant and Justine). Jenny reports that
Colombian Caribbean.” Jiggy met up with a
number of Darden folks all over the world in
Robert Loria Nicole (Farkas) Crocker and her husband Tom
the last quarter of 2006. In Bogotá, “Carolyn
have moved to my hometown of Boston. You’re
“I just flew in from California. And boy, are Cooley took great care of me by taking me
going to love it, Nicole!
my arms tired!” I love that joke! Chris Briggs, shopping and sightseeing. Naturally, we met
Kristen Desmond is busy training for
check all the past columns to see if I’ve used up with Carlos Zuleta who ensured that I took
marathons and working as an independent
that one before and let me know. home an excellent selection of Colombian
consultant. Finally, Jenny reports that Vera
Actually, I did recently return from music. Tried to meet up with Darden folks in
(Liapunov) Fernholz continues to work at
California. I was out there for the wedding of Miami on the way home and ended up seeing
Prudential Capital and has an adorable 4-year-
Seth Webber and the former Jill Boltz. It was a Arturo Neto (MBA ’01) while I was there. In
old daughter, Kathryn. Thank you again Jenny
fun-filled weekend. The wedding took place at December, Kristen Stevens and Niru Raghavan
for the great update!
a lovely sea-side resort in Pacific Palisades. The (MBA ’99) came over to the Philippines for
That’s all for now. Please keep the updates
wedding occurred at sunset, so you couldn’t the wedding of a Wal-Mart friend. Even if it
coming. Drop me a quick email or give me a
have asked for a more picturesque setting. was Manila’s craziest weekend of the year (the
shout at anytime. Go Darden!
Others able to make it out for the wedding weekend before Christmas), we managed to
included Nick Walzer and his wife, Chrissie; spend a fun weekend sightseeing, eating and
Rob Steinberger, Kevin Dwyer and his pearl-shopping. I’m hoping Kristen’s beach
girlfriend Carolyn; and Hector Arcaya and his ’00 pictures will inspire more visits to the country.”
wife Denise. Hector and Denise brought their When she’s not traveling, Jiggy is still working
Laura (Lanigan) Lauder
baby boy, Diego. Diego is a very handsome with CEMEX (the Mexican cement company)
boy. He looks just like Hector, minus the goatee. Wow, the Class of 2000 continues to get in Manila, and recently shifted functions from
After Seth and Jill’s honeymoon, they will be around! So many of our classmates have treasury to strategic planning.
headed back east to Seth’s homestate of Maine written from exotic and distant lands…all of Philip Askew wrote, “It is with a hint of
where Seth has accepted a new position. them quite a bit warmer than a very arctic sadness that KJ, Sidney, Aiden and myself are
Congratulations, Seth and Jill! Canada where I have worked on a consulting leaving Bangkok, my beloved home since
Moving from weddings to babies (as I project through the heart of winter (whose arriving in 1996.  It has been quite a ride since
usually do) here is the “Baby Report.” Casey bright idea was that?). this time and one that I would not trade for
Crowell Eidson came into this world on Nov. One of our smarter and warmer classmates, anything. Starting at Shell, over to Darden, back
20. Sam Eison and his wife Michelle are doing Susan Camp wrote of a mini-Darden gathering to BCG based out of Bangkok (but not there
great and love their new role as parents. in Bogotá, Columbia in March. She visited much) and now Carrier.  I love this city and
(Sammy, I will be out there this year. Just have Carolyn Cooley who is living there, working for country, its people, rich culture, great beaches/
to figure out a good weekend!) the US Embassy. As a bonus, they were able to mountains and hot…lovely…spicy food! I am
On Feb. 22, Julio Cassels and his wife catch up with Carlos Zuleta and his girlfriend, excited and a little nervous about moving back
Graciella welcomed twins into this world. Carolina, for a great lunch at a Bogota hotspot, to Australia and will take a role with Carrier.
Sebastian and Alexandra are keeping Julio and Andrés Carne de Res. According to Susan, “It We will be based in Melbourne and the doors
Graciella very busy! was quite the scene and a real experience but to our home will be open, so please come and
Seth Hurwitz and his wife “Fenny” the best part was being able to spend time with visit.”
welcomed their first-born, Caleb Jie, on March my Darden friends.” Susan has moved back to James Grimes was recalled to active duty
13. Caleb is named in memory of Seth’s later Washington, DC, her hometown, and is working in the US Navy to work on the Multi-National
father, Carlyle. Caleb’s middle name Jie means for a BDC/private equity firm. Force Iraq Staff, providing logistics planning
“Prominent” and “Outstanding” in Chinese. Seth Apparently, Colombia is quite the place and policy support. He says he has been
and Fenny could not be happier! to go for Darden ’00 grads, as Heitor Carrera “enjoying the seasonal weather in Iraq since

72 • DARDEN Spring 2007


last November. If any classmates are touring
the Middle East and happen to be making
Casey says “I went to Thailand for a month in
January. I left right after USC beat Michigan in
’01
the rounds in Baghdad this year, please stop the Rose Bowl! Yeah, you can put that in the Trina Jones
by. A cold bottle of water and extra set of Darden notes! I am living in Pasadena, CA. USC This has been a busy year for the Class of
body armor will be waiting for you.” He says, was going to the Rose Bowl so often I thought 2001. Thanks to everyone who submitted
“My family is doing very well [and] I am doing it would be just easier if I moved to Pasadena updates, and I hope to hear from even more
fine. I have it pretty good compared to the (home of the Rose Bowl). I saw Neil Campbell people next time!
guys out in the field. Quality of life is not bad. a few months ago when he came to CA for a Mark MacGuigan wrote in from Europe
I have a decent trailer with a real bed. Food is business trip. Nothing much has changed—I with an update that is best shared in his own
very good for cafeteria style…I don’t have to am still better looking than Neil. I thought Neil words. (Imagine his Irish accent and knack
wear my body armor all the time, just when looked a little fragile, kind of like an ostrich. He for comic timing as you read.) “Please share
traveling…. Certainly some risk and need to be could stand to eat a little more.  So if you get to with my classmates my good news thus far in
smart and alert to the environment. It could be Atlanta, buy him a meal. I think he lives with Hal calendar year 2007: got married, had baby girl,
much worse than it is.” Having said this, James Lawton in a studio apartment in Buckhead.” and am now feeling settled into life on the Cote
did note that “Volumes of case studies could Hal has a slightly different version of his life: D’Azur. Hence the doors are open for all visitors,
be written on organizational behavior and “Jodie and I are still living in Atlanta with our but the rewards of a trip to this delicious place
leadership/management.” two kids, Harrison, 3, and Renee, 1. I have been will have to be mitigated by a quotient of baby
While in Iraq, James has been “helping at with Home Depot now for two years and was small talk.
a clinic that provides healthcare services to recently promoted to VP—merchandising “Starting with the least important, I moved
Iraqi families, mainly the children. I hand out finance.  I run into Neil Campbell (at Home last Fall from Brussels to Grasse, “Perfume
toys, candy, and hygiene items for the kids and Depot!) and Robert Owen a good bit.” Capital of the World.” Cargill bought a Flavors
families. I don’t get over as often as I would like, I wonder if Hal or Casey’s version is more business (the business is more or less the same
but it is one thing that will let you know that reliable. as perfume, except that we taste, as opposed
you make a difference, if for only one child.” If Paige Newton has had a year of many to sniff), and I took a sentinel role as a product
anyone is interested in more information about changes. For starters, she moved from Richmond manager for natural extracts (these are basically
the clinic or about how to provide materials to Virginia Beach. “I left Capital One (the flavors from the named fruit/source, as a
and supplies to help these families, please company I joined after Darden Business School) contrast to flavors made with molecules, which
contact James at GrimesJ00@alum.darden.edu. after 5+ years working with them and am represent the vast majority of what we eat). We
In March, Uday Malhotra wrote, “Still at Merrill currently doing contracting work at Landmark are the leader in cocoa extracts, so I spend my
after seven years. Had a son, Armaan, two Communications for a recently acquired days plotting how to get the world (or product
months ago. All else seems to be fine.” website.” She also recently got engaged to Dave developers) to want more natural chocolate
Howard Wilkins’ cheerful news is that Killian, an E2 pilot with the Navy to whom she extracts, which should not be so difficult,
“Mary Beth and I had a very happy Valentine’s was introduced by her brother. “And no I haven’t and, of course, sampling some of our better
Day this year, welcoming Molly Adira Hastings- heard the end of that yet!” products: Baileys, Sheridans, and Lindt Tiramisu
Wilkins to the world at 7 lbs 5 oz. Sydney is And finally, for those of you who noticed Chocolate delights. Work aside, life down
thrilled to be a big sister and we’re all doing my name change in the header, yes, I ran away here is superb. I fell in love with the French
well.” and got married to Alan Lauder in December. Riviera when I Eurorailed around Europe in the
Susan Luo and Cyrus “had Aidan last Work schedules having foiled the first few 1980s and whether it is the amazing food, the
summer, a pure joy in our life!” They are moving attempts at planning a traditional wedding, we beaming sun, or the cutesy villages, this region
from San Diego to Boston in the coming finally eloped when the opportunity presented has the feel of a place to call home.
months. itself. We were taking vacation in Australia and “Jessica and I met in St. Paul. She is a St
Casey Grigg wanted to pass along to the New Zealand over the winter holidays and Pauli girl. We moved together to Brussels,
Class that Greg Sonzogni went to Saysulita, decided to stop along the way, in Hawaii, and she continued with 3M, and I with Cargill.
Mexico with his girlfriend for a week of fun tie the knot. In March we celebrated here in Like myself she has had her nomadic ways,
and sun this winter. “[Greg] is a little shy but DC with family and friends, including Cecilia principally in Japan, and once she replaces
he likes it when people spread his personal (Vidaeus) Gleason, Brandon Krueger, Shirley Japanese with French in the left side of her
info. to his ex-Darden friends.” As for himself, Murphy, Scott Walsh (MBA ’01), Susie (Platt) brain, life down here will be much simpler. Both
Greene (MBA ’97), Andy Greene (MBA ’97), and of us being more practical than sensational,
Rob Scavello (MBA ’94). Now we’re back to we “eloped” to Florida and married quietly
work. I’ve been promoted to CEO…having left in Lakeland. God thought it a bit too quiet
Accenture to start a one-person strategy and because he unleashed a tornado there that
change consulting firm. Susie Greene (MBA ’97) night—very unusual in Central Florida. Funny,
and I have been working on a strategy project married life is no different than cohabit life.
for Canada Post since October. It has been “Lastly and most important, Ally
fantastic to work closely with another Darden MacGuigan arrived on March 31. She rushed
alum! It has taken both of us to figure out the in before April Fools Day. At 3.3kgs and 50cm
intricacies of the NAFTA waiver applications and long, she is bound to confuse all Imperial
appropriate accounting treatment. By the time Measure Traditionalists. So far it seems that she
you read this I expect to be working back in DC. eats and sleeps well like her father, and has the
If you’re ever in town, please call; our doors are nimbleness and dexterity of her mother.
open and we’d love to see you! “My most recent Darden sightings have
been all Bubala and a bit of Choi. Andy Bubala
and I met up last year on business trips to
Japan, and then at Dean Bruner’s speaking trip
James Grimes (MBA ‘00) at an Iraqi clinic
to the San Diego Alumni. As for Henry Choi, he

www.darden.virginia.edu • 73
Class Notes
married a Limerick Lass, lives in a small part of In relocation news, Andres Waldraff he sold this year. In addition to real estate, Clay
NYC, Jackson Heights, which seems like South has moved back to Colombia, where he took also plays the drums at their church. If anyone
America, and last fall was trying to open a over as CEO of La Plazoleta, one of the most is ever in the area, they would love to get
lounge bar in Manhattan -- always something important flower growers in the industry. together!
new. I catch up with him most times that I get He and his wife had a baby girl, Emma, in Jim and Elizabeth (Wells) Shumadine
to our Cincinnati Flavor site.” December 2006. continue to live in Norfolk, where they recently
2007 has also been an eventful year for After five years with P&G, Armando Garza celebrated their son Sam’s first birthday with
Matthew Kirsch, who had open-heart surgery moved to Frito-Lay as a marketing director a party with family and lots of little kids. They
at the UVA Medical Center in February. He went in shopper marketing. He is responsible for enjoyed a quick trip to San Diego this winter,
to the doctor one day, she heard a murmur, he all the in-store marketing for emerging and and are tackling their last major project to
was diagnosed with a very leaky heart valve, convenience customers (Costco, Target, Dollar complete their home renovation.
and it all went downhill from there. He was back and Drug Channels, and convenience stores), Joe (MBA ’00) and Coleen (Sullivan)
at work after only a month, and the problem regional marketing, and creating the future Curry are settling into their new home in the
has been completely fixed. In other news, consumer preferred shopping experience for Dunwoody area of Atlanta. Daughter Caroline,
his son Eli is finishing up his first year at UVA, Frito-Lay’s products. The Garzas have been 2, keeps them on their toes and laughing a lot.
presumably making the Kirshes the first Darden living in Plano, TX (Khary Scott’s old stomping Joe recently left SunTrust to join a new firm in a
’01 parents to send a kid to UVA…hopefully the ground), since the summer of 2006. Armando, sales and trading role.
first of many! Shannon, Hayden, 5, and Olivia, 3, all love it in Tracy and Greg Turk are keeping busy
Last summer David Shrank closed Texas (probably because it’s not 110 degrees with their boys Graham, Will, and Lleyton. Greg
PupCups, his pet product startup, and yet). continues to work with the public pension
decided to go back to his true love—strategy In January, Shannon attended a girls’ fund as director of investments. As a pension
consulting. He is now very happy in Deloitte weekend with several other Darden wives, fund investor he usually comes across a Darden
Consulting’s Strategy and Operations practice including Maggie Tapp, Emily Feary, Julie graduate each month as we look for new
focusing on the Media and Entertainment Daugherty, Kristin Cloonan, Abbie Shore, investments for the fund; he’s finding lots of
Industry in New York City. He also got engaged Suzanne Morris, and Lisa Gatewood. Darden grads in private equity.
last summer to his beautiful fiancée, Jeannie In October, Armando ran into Section A- One such 2001 grad is Peggy (Donnelly)
Sung. The couple recently moved in together mates Khary Scott and Diego Mahecha, who Roberts, who continues to work as director of
into a great place on Manhattan’s Upper East were all at Darden recruiting. Armando wrote, organizational development at The Riverside
Side with their two little Chihuahuas, Zulu and “Khary and I had a great time catching up over Company, a private equity firm. The firm
Caesar. They are getting married on July 8, with dinner but, in typical Diego fashion, he stood is growing by leaps and bounds and the
Darden friends Charles Rosenblatt and Matt me up when I called him later that night to go excitement of building a stronger, global
Kosanke as members of the wedding party. out for a drink. Guess those banker guys don’t platform is keeping her busy. She and Justin are
Speaking of weddings, Matthew Aujla appreciate hanging with us ‘marketing types!’” having a lot of fun watching Molly, 2, grow up,
and Tee Towon were married in Bangkok Jami and Brian Lacey and their children learn words, and also learn how to challenge
in December, and Kevin Clark joined the Mary, 5, and Hamilton, 3, moved to Valdosta, her parents. She and other Darden 2001 ladies
celebration. GA, two years ago to be closer to family. Brian still found time for their annual reunion and she
Michael Kropf was married this spring to is currently running two companies there and welcomes our classmates to please drop a note
Majlinda (Maya) Pilavi-Kropf. The couple met is making plans to get his doctorate in the near to say hi or stop by if you are ever in Cleveland!
in Switzerland, and Maya is finishing her LLM future. Greg and Lisa (DeJong) Ellis are still
in Montreal this year. Michael is continuing Suneel Garg wrote in from Los Angeles, living in lower Manhattan with their 14-month-
to enjoy his work and living in North America and he has been able to see many classmates old daughter, Erin. Greg is still working at JP
again. recently. He reported that Blair and Soledad Morgan and Lisa is working at McKinsey. They
(Haro) Boyle and their two sons have relocated see fellow New Yorkers Dave Yoon, Greg
from Austin to Los Angeles, where Blair has Nersessian, Ted Husveth, and Chris Lown
taken a job at Disney. Suneel continues to see occasionally, as well as section B-mates Diego
Porter White frequently in LA, as well as Jen Mahecha and Chad Joplin. They are excited to
Faenza and Tim Anderson when he visits San hear that another section B-mate, Brian Green,
Francisco. has taken a job at JPMC and is moving to the
Stan Manoukian also reported from area.
sunny LA, where he is still involved in the world In other job-change news, Chad
of distressed securities and his 15-year old Rynbrandt recently left BCG after a great five-
daughter Yana is enjoying her freshman year year run and is working for a former client,
in high school! The family is doing great, and CSM (a Dutch food company), doing internal
stays in touch with the Nikitchyuks, although consulting/business development. Chad and
they have not seen anyone else from our class Mindy’s family is now six strong, and they
in a long time. Stan wrote, “Anyone visiting LA, welcomed a fourth child, Abe, to the family in
please welcome to our cozy house!” May 2006. Abe joined Sadie, 6, Mia, 6, and Ella, 3.
Clay and Hunter Mathews are still living Melanie and Thomas Grant are proud to
in Hilton Head with their boys Payne, 4 1/2, announce that Jackie, 3, is now the proud big
and Levi, 3. Hunter is home schooling the boys sister of Luke William, born Jan. 28. Thomas is
and loving it. She is also finishing her master’s working as director of business development
degree in Christian counseling and is beginning for the law firm Morgan Lewis, which he joined
to counsel women in the area. Clay now has his in 2005 after he wound up Searchlight. He
own real estate company, following a venture reported that Topher Feary left Brandywine
Matthew Aujla and Tee Towon both MBA ‘01 starting a local real estate TV channel, which Global a few months ago to join a startup.

74 • DARDEN Spring 2007


Paul and Staci (Singlak) Wagenbach little guy, cute as a button, and he even lets her
welcomed their first child, Leah Jane get a few hours of sleep at night so she’s not
Wagenbach, on Nov. 1. Leah is doing well and completely sleep deprived! Congratulations,
the family continues to live in New Jersey. Gwen!
Carrie and Grant Brown welcomed Rick Zeoli and family made it to
their second child, Spencer, to the family Charlottesville to attend the barbecue on
on Feb. 26. They relished the month of Saturday afternoon and enjoyed catching up
grandparental-coverage and are now lobbying with everyone—they also managed to keep
the grandparents to move to Charlottesville (or Carlos Chamon’s son at a safe distance from
at least buy a vacation home) and extend the their daughter…!
much-appreciated support. Jamie Oldershaw couldn’t make the trip
In other Charlottesville news, Allison Linney back, but sent in an update that he and his wife
and Rachel (Korkowski) Brozenske continue welcomed their first child, JJ Oldershaw, to the
to have great success expanding their world March 22—he even has his own website Steve (MBA ‘03)and Micah Bruner
consulting business. already—check it out: www.jjoldershaw.com!
And Trina Jones (yours truly) is still hard Rod Hicks got married to Meridith Alms in together. In other Beatty news, Karen recently
at work growing Off Campus Partners, which St. Paul, MN on March 30. Curt Miller, Dedra moved from the ratings group at Moody’s to
will celebrate its five-year anniversary in June. Berg (Cantrell) and Heather Harmon were in Greenwich Capital
Although work is busy, I still managed to find attendance. Guy Maurice joined them in Las Lauren and Aron Grodinsky just recently
time for UVA basketball, and enjoyed season Vegas for the bachelor party. Congratulations, moved from their downtown NYC apartment
tickets at the beautiful new John Paul Jones Rod and Meridith! to a new place in Hoboken. Those of us still
Arena, and traveled to Tampa for the ACC Kristin and Rex Hampton are the proud stuck in the world of teeny tiny Manhattan
Tournament. parents of a daughter, Adora. They have also apartments are certainly jealous of their “lots
relocated to Lynchburg, Virginia. of room to entertain visitors. “ Aron also shares
Christina Emery (Kollay) and her husband that they’re “enjoying ‘suburban-lite’ lifestyle.”
Keith welcomed their first child, Alexandra
’02 Kollay Emery, Nov. 6.
The Beattys, the Grodinskys, Ralph and
Carey Douglas Delia, Jose and Lindsay Kalaw,
Flip Pidot Josh Marks joined the many entrepreneurs Matt Seligman, Tiffany and Anand Stanley,
Thanks to everyone who made it back to in our class and is the president of Gold Lauren Macleod, and even Dan Zinner
Charlottesville for our five-year reunion—we Star Group—he brought along his portfolio gathered to wish Sarah and Peter Harrison bon
had a great turnout and hope that everyone of photographs (think W, Vogue, etc)—he voyage. Peter took a London-based position
enjoyed themselves! Thanks to everyone on certainly has a great talent and we look forward with Morgan Stanley (still in the Healthcare
our committee who helped with the planning; to hearing more about his company as he Group). They are living in Marylebone,
we couldn’t have done it without you. grows! London—“hometown of Dan Zinner.”
We successfully kicked off the weekend Speaking of the Stan Stanleys… Anand
with a bang…actually, make that a flame… Stanley moved to a new position within
thanks to Mark Hutto for extinguishing the
fire—Davis Washburn, Kristin and Adora
’03 Reunion UTC as Director of Supplier Development.
He is currently responsible for Supply
Hampton and Kirsti Goodwin were so focused Graham Beatty Base Development, Supplier Diversity and
on catching up that they didn’t notice the Lauren Macleod Corporate Responsibility for UTC’s global
flames! Anand Stanley supply chain.
For those who missed the reunion, we This edition is a little on the light side, since Also from the New York refugee club,
thought you would be interested to know that our request for notes went out a bit late Romina Birnbaum shares that she is “done
one of our classmates, Tom Montgomery, (Oops! Sorry…) But given that we’ve been rotating with Omnicom Group and signed
recently returned to the US after serving a year erring on the side of pages and pages in on with Rapp Collins—an Omnicom direct
in Iraq—it was great to see him at the reunion previous editions, we’ll chalk this up to marketing agency working out of the LA office.
and we would like to thank you again for quantity over quality. I finally feel settled and am really enjoying
serving our country. Into the depths of it… being back at the beach—especially after all
As usual, our class has been very busy with Scott Davies tells us that he has made the east coast winters.”
moves, starting new jobs, and having babies. a pretty big change. “I am currently a brand David Rosenbaum writes, “The big news
Matt and Theresa Kaness get the award for the manager for Frito-Lay based in Dallas, and have we have to report is the birth of our second
most babies in the least amount of time—they been here for just over a year. Very happy in the child, Caroline Blythe, Oct. 3, 2006. Big brother
have three under the age of two! Twins Jacob new company, working in the Innovation group Connor, 3, and the new baby keep us very
and Ryan joined daughter Isabella in January— developing a new snack platform for launch busy. I’m still with Genworth Financial working
the whole crowd made it to Charlottesville and next year. Miranda, Thomas and I are enjoying in product finance for the Long Term Care
enjoyed meeting other future Darden grads. life in Texas, especially the great weather, and Division.”
Speaking of awards, we think Mas Otsuka feel really at home.” (Apologies to Steve—this apparently
deserves one for traveling the farthest to attend Mike O’Connor writes in about his didn’t make the last round of notes…) Steve
the reunion—he came all the way from Tokyo! daughter, Ryan Elizabeth O’Connor born April Bruner introduces “Micah Schmalzbauer
Gwen (Fairweather) Varady unfortunately 29, 2006. He and Sue are “living in Kensington, Bruner. He was born July 14, 2006. Leah and I
missed the reunion, and wins the award for the MD, and celebrating my two-year anniversary at love being parents. Life in Bozeman, Montana is
best excuse—she gave birth to a son, Windsor Triumph Development in May. All is well.” wonderful.”
Ian Varady, on April 14! She says they finally Sue and Mike recently visited Karen and News from the West Coast… Eric Gregg
understand what everyone said about their Graham Beatty in New York. Their son writes “Bre and I are doing well. Unlike 90
lives never being the same. She says he’s a great Jackson and Ryan O’Connor spent some time percent of our class, we have no babies to

www.darden.virginia.edu • 75
Class Notes
Todd Whiting (MBA ’04) knows what it’s report yet, but life and business are both
going very well. Bre continues to advance in
like to slide down an ice chute at 60 mph.
the nonprofit realm, working with homeless
Last year the Darden alum joined the U.S. National youth and my company just went through a
Skeleton Development Team. Skeleton is a winter racing major rebranding. The new company name is
sport in which participants blast along an ice chute on a iLoyalty, (www.theloyalclient.com), and our
sled, face-down. After a 52-year hiatus, the sport returned business model has evolved to focus on helping
to the Winter Olympics in 2002. our clients improve loyalty and retention of
Whiting was fascinated by what he saw and vowed to give it a try. Whiting calls customers and employees. So far the model is
himself an accidental slider, as he just slipped into the sport of Skeleton. working, with the system actively protecting
“I’ve always been an adrenaline junkie,” he admits. Whiting signed up for a more than $240M in client accounts.”
March 2006 adventure camp in Lake Placid, NY where he spent four days learning Laura and Charles Leddy made the
move to Seattle, where Laura is starting her
the sport of Skeleton. “They started us at the bottom of the track where you reach
residency after finishing medical school at UVA.
speeds of up to 25 mph and we worked our way up to the normal start and went
Charles has also moved to the Seattle office of
down the whole track at the end of the weekend,” he says. “I reached speeds of McKinsey.
about 60 mph and it was one of the most thrilling things I’ve ever done. Your face Sebastian Brea tells us “after living over
is two inches from the ice and you’re going around these turns pulling three or four a year in Brazil after Darden, I moved back to
Gs. Often you’ll hear helmets scraping along the ice when they’re going around these Buenos Aires and have continued working in
turns.” the telecom industry. The family has grown
Whiting is a director of cable sales at NBC Universal in New York City. Because since Darden, first came Lucas, now 3, who was
NBC broadcasts the Olympics and is owned by corporate parent General Electric born in Brazil (which is something I will have
— a worldwide Olympics sponsor ­— Whiting had an advantage when he needed time to deal with when watching worldcup football
matches between Argentina and Brazil!), and
off from work.
over a year ago beautiful Emma showed up.
Last August he attended an advanced Skeleton clinic. “Now, I’m five to 10 years
Family and work have taken their toll sports-
older than anyone they’ve ever put on a team before. I’m also 6-foot-4, which is wise, no football and less golf, so I definitely
about five inches taller than most of their athletes. So they said ‘we’re willing to let look forward to the 2008 reunion to relive the
you try this if you’re willing to be our guinea pig.’” He completed all the physical Birdwood days with some of the guys!”
tests like sprinting and jumping and pushing the Skeleton sled. His performance Sanmitra Deo tells us that she “recently
earned him an invitation back for Skeleton driving school and a return trip to Lake took a new job within GE Healthcare as the US
Placid last November. Sales Operations Integration Leader for the GE
“You stay at the Olympic training center and eat in the same cafeteria as all the acquisition of the diagnostics businesses of
athletes,” he says. This was a week-long course on driving the sled down the track. Abbott Labs (Abbott Diagnostics Division and
“And then at the end of the week they invited six or seven of us out of 10-12 to be Point of Care). As part of the new job, I expect
to be traveling a lot more around the US and
part of the US Olympic Skeleton development team. I had a real decision to make,
hope to see many of you during my voyages…
because this was something I never expected. I figured out this was something I could
on one recent trip, I got to see Lindsay and Jose
not pass up; it’s a once in a lifetime opportunity.” in Princeton. As an added bonus…I am the new
So he worked out an arrangement to go on the 10-week session for half of each campus recruiting lead for MBAs from UVA, a
week, training Thursday through Saturday and coming home on Sundays. He trained recent addition to GE’s executive schools, so I
part-time from late January through the beginning of March. “The problem was, look forward to competing with y’all for great
everyone else was training full-time,” Whiting says. “It was an amazing experience; talent!”
no regrets whatsoever, but it just wasn’t going to work unless I could train for it full- Tadd Wilson writes “In January 2007, I
time. I decided to end it in March and come back to work.” added that delicious phrase ‘former consultant’
He’s looking forward to the occasional recreational race as Skeleton slowly gains to my bio, moving from IBM Strategy and
Change into IBM Retail Store Solutions. I
in popularity in the states.
focus primarily on go-to-market strategy and
“Now I’m moving from a competitive athlete to an avid fan,” the Iceman says.
business development for our top 16 countries,
Read about Whiting’s adventures and look at some of his photographs by visiting targeting $1B in revenue for 2007. I managed to
www.theaccidentalslider.blogspot.com. sneak out to the 120 Club event in Washington,
DC, where I saw Mike and Elizabeth Riordan.”
Tadd and Sumit Kumar also got together
recently when Tadd was in NYC for the National
Retail Federation conference.
Jen and Chris Blythe made a trip to see
Pam and Todd Schanel in their home in Palm
Beach Gardens, FL. Both the Blythes and the
Schanels are proud parents of twins—Gavin
and Peyton Blythe and Michael and Grace
Schanel.
Rossana (Llerena) Stevenson gives us the
shortest update I can recall. “I have an update:
I switched jobs, had a baby and moved to a
new house...” No more details than that—but

76 • DARDEN Spring 2007


it sounds like the Stevensons have been seems to be the man to approach for Class of together for some high quality sake with Tokyo
undergoing a fair amount of change since their 2004 group discounts. Carlos is to be credited Dardenites Takehiro Nakamura, Yasumasa
wedding a couple of years ago. with the wry observation that if he continues Nakayama, Kazuyuki Izumiya, Shu-wei
Winning the award for most interesting on the same career track, he’ll be working on Wu and Satoko Takahashi (who also got
job locale, Marion McGowan has recently Depends very soon. The Anguizola family is married in October). Danise Chui provided us
moved to Sudan, where she will be for the next happy in quiet (and cold!) Appleton, WI. with pictures of Satoko’s wedding which she
year. She is still working with CHF International Another cold Darden CPG-er is Pam Taylor attended along with Karey Fung, among other
(www.chfinternational.org). who is still with Kraft in Chicago. Pam is training Darden classmates. Danise also met up with
There’s lots more news out there—I know. for her first triathlon and is looking forward to Eugene Lee, Tucker Quayle, and Francisco
But at this point it’s just hearsay, so send in the upcoming wedding of classmates Cindy Simon while on a trip back home to Hong
your notes! A few final tidbits on the hearsay Kozu and Justin Jed (which we hope to cover Kong.
front… Evance Stalley had a baby and moved extensively in our next instalment). Sara and Jackie and Erik Holmsen are in the final
to Chicago. And Mark and Syl Trowbridge Mark Mercurio are enjoying time with their stage of their year-long GBE (Great Beer
had their second child. Ashley and Santiago 15-month-old, Graham; Mark continues to work Experience) in Prague. The Holmsens will be
Tagtachian had their first child, Mateo, Jan. 27 on the Mr. Clean brand while continuing to moving back to Dallas in May and report having
of this year. receive counselling to recover from the dismal had a fantastic time overseas.
OK, that’s it. Short and sweet. Thanks for all performance of his Cincinnati Bengals. We Rob Ferranti is still in Chicago, and is your
of the updates. The next edition will be our last absolutely can’t move on without a mention of guide to all things O’Hare related. He worked
Class Notes before the reunion in April 2008. our favorite CPG-er, the irrepressible Michael on a project in France (and with apologies to
You will start hearing from the three of us fairly Bachman. It is our sad duty to report that Mike Monsieur Dominique Vincent, still believes
soon as we start to plan the weekend. We look has moved on reluctantly from the exciting Barolo is better than Châteaunneuf-du-
forward to putting together a great weekend world of Preparation H. There is, however, a Pape) and at the time of going to press, was
for everyone to reconnect. Happy Summer to silver lining to every cumulonimbus: Mike is completing a quick due diligence in NYC.
all ~ Graham, Lauren, and Anand. now working on every Dardenite’s favourite Roberto is now a proud green-card holder,
brand (come recruitment time, at least), and has also been promoted to vice president.
ChapStick. Neither has, according to him, dramatically
’04 Continuing with the wedding news, Tom
Disantis married Casie Campbell on Oct. 8
changed the nature of his job.
After over a year of living across the street
Katie Bisbee in Charlottesville. The wedding celebration from Roberto, Tze-Liang Chiam took a break
Dennis Ortiz took place at the University of Virginia Chapel from regression analysis to meet up with him
Prashant Prasad followed by a reception, dinner, and dance at for a cuppa at Starbucks.
We continue to receive all sorts of great news Veritas Vineyard in Afton. Darden colleagues We have some new arrivals to welcome
from our classmates who seem to be doing in attendance were Michael Bachman, Chris and anticipate: Alyssa and Jay Arnold had a
extremely well in their chosen professions, Haney, Bob Bell (who reported being “alive baby girl, Virginia Mae, on March 3.
as well enjoying a lot of downtime activities and well” in Richmond), and Clark Bailey. Anna and Jay Lambiotte are expecting
which include getting married and making A quick trip to Disney World right after the their first child on July 1.
babies. Before we share all the details, we wedding was the precursor to an extended Dan Entin was recently promoted to
must throw a gentle tsk-tsk in the direction honeymoon in Italy planned August 2007. Senior Product Manager, Internet & Wireless,
of Tucker Quayle, Baocheng Yang, Ashley After graduating with her master’s in teaching at Zagat Survey. He’s working on a cool project
Leonard, Willard ‘Robin’ McCloud and from the Curry School in May 2005, Casie is with Darden Admissions: a potential Zagat
Matt ‘Purdue Rocks’ Reintjes who were now a second grade teacher in Fairfax County. Guide to Charlottesville restaurants and shops.
conspicuously absent in the update list Tom is a director with the Corporate Executive Liz Robertson continues to lead in the ‘shortest
(despite plaintive reminders from Dennis Board in Washington, D.C. The couple resides in update’ sweepstakes. She is still in San Francisco
Ortiz at the class secretary desk). Arlington. working for Gerson Lehman Group. She also let
Peter Goulding married Rachel Carr last We had another October Darden wedding, us know that Betsy Nolan is in NYC working for
September on Nantucket. Matt McCarthy, that of Julie Robey to Jason Krebs. The Goldman Sachs.
Thomas Scott and Adam Northup were couple got married in Julie’s hometown in Eric Hausman recently left NYC to take
among the groomsmen. Bridesmaids included Pennsylvania. Julie and Jason met right after a job in the strategy department at Target in
Alieda de Havenon Keevil (MBA ’05). The she moved to Minneapolis after graduation. sunny Minneapolis.
wedding featured a strong showing of Darden Jason is a Ph.D. candidate in psychology. We also wish Gabriella Zambrano all the best
guests: Scott Smith, Jeff St. Denis, Matt Julie pulled off planning her wedding with preparations for her upcoming wedding in
McCarthy, Josh Goldstein and Adrian Keevil while travelling back and forth between September.
(MBA ’05). Peter and Rachel sent us several Minneapolis and Venezuela. Much to the We received a long and fun update from
pictures from what seemed like a beautiful dismay of Northwest Airlines management and Dave Banyard who spent most of last year in a
wedding. Peter continues to run half-marathons shareholders, Julie is now back in Minnesota throwback to his US Navy days, i.e., convincing
at a brisk pace, making those of us at the full-time and enjoying married life. Diane that moving again was really the right
Class Secretary desk with bum knees wistfully Many of our classmates continue to thing to do. Fortunately, the move brought
jealous. keep airline companies happy, though. Isao the Banyards back down to beautiful Virginia,
We were pleasantly surprised to hear from Sekiguchi has moved back to Tokyo from Roanoke to be exact. Dave took a new job
Carlos Anguizola who provided his first update Düsseldorf; Isao will be based at Sumitomo within Danaher as the general manager of
since graduation. He’s cutting a wide swath world headquarters, but will keep commuting one of the businesses in the Danaher Motion
through the “infant hygiene” business, having to Europe to manage projects in the sunny platform. Dave has plants on three continents
recently shifted from Huggies Baby Wipes & Canary Islands. Isao is happy to be back (unless you consider Scandinavia to be a
Toiletries to Pull-Ups Training Pants. Given the in Japan with wife Mamiko and daughter continent, in which case it’s four) and therefore
Darden 2004 population explosion, Carlos Miyu. This will also give him a chance to get has no shortage of free time. Dave estimates

www.darden.virginia.edu • 77
Class Notes
that he’s now logged more flying hours as a position with Microsoft. Lindsay Wilber hosted
civilian than in his Top Gun days—in his own her first brunch in Boston: Jill Lewandosky and
admission, that’s pretty scary. Diane, Anna, and Marlene Friesen were there to support the
Trey are all doing very well. Let’s quote Dave hostess. Jill reported that Marlene is thriving in
for a bit: “Anna is the definition of precocious Boston—she’s at TJX and focusing on jewelry.
and is clearly ready for (Professor) Sherwood We anticipate Marlene’s inbox being full of
(Frey’s) B&N (in fact, given her style, she may discount-related queries as soon as we go to
have already taken the class). Trey has bright press.
red hair (and yes, it runs in my family), and Jose Salinas is continuing to learn more
seems to have not figured out that he comes about the culture of the Southern USA while
from short and slow stock, because all he wants living in Greensboro, NC. Most of it has been
to do is play B-Ball as he says (basketball). great fun: rooting for the ’Hoos at ACC games,
Darden ‘05 ‘Southern Belles’: Alyssa Franklin,
Diane is adjusting well to the culture shock eating barbeque, etc. Some of it has been
Sheyna Horowitz , Cherbury Hunt, and Katie
of Connecticut versus southwest Virginia, not-so-great-fun, i.e., rooting for the Panthers Cunningham
and to make sure to keep it interesting, we’re and figuring out how to avoid the regular
expecting number three this August. No idea invitations to NASCAR races. Antonoaldo (MBA ’04) and Luis Moraes (MBA
yet whether it’s a baby brother or sister, but Dennis Ortiz ran into Kraft colleague ’06). The honeymoon cruise stopped in the
obviously, time will tell.” Thanks to Dave for all Glen Schutzman recently. Apparently, Glen’s Caribbean, the Panama Canal, Costa Rica and
the entertaining news and best wishes to the competitive spirit thrives well after Darden. Belize. Carol has moved to Dallas and is trying
Banyards as they await their new arrival. We are told that Glen was in a weight loss to understand what country music and line
Shantel Moses moved to Chicago a while competition with some colleagues from work. dancing are all about.
ago to manage the Mini Babybel business Losers had to shave their head. Let’s just say Gabriel Lazarus and Raquel Leon
for Bel Brands USA. She requests Darden Glen goes by ‘Yul’ these days. Apart from the happily announce the birth of their beautiful
classmates to keep this in mind while prowling tonsure, Glen is doing fine—he’s working on baby daughter, Sofia Lazarus. Sofia arrived
the dairy aisles of their local supermarket. the Tassimo brand at Kraft and is doing well Jan. 16, weighing 6 lbs 9 oz. and 19.5 inches
Shantel has been in touch with Bridgette with his wife and new baby in Westchester. in length. The first few months were great,
Wuabu (booting posterior at Merrill Lynch) Dennis had a lot more news for us: he ran a although lots of work. They are still located in
and James Jordan (loving life back in the half marathon with Rebecca Gordon and Kate Santa Rosa, California, where Gabe is launching
Bay Area). She also reported seeing Kaylan Duggan, met Jeff St. Denis (who is still with a new product for Medtronic CardioVascular,
Bartholomew, Tim Witcher and Jenn Hill at SNL in San Francisco) for dinner in the West working as an international marketing
the National Black MBA Conference in Atlanta Village and continues his reign as Cookie Caliph manager. Raquel is currently on leave from
with the after party being hosted by Willard with Chips Ahoy! and Nutter Butter. Dennis, Medtronic, where she worked in the company’s
McCloud at his Four Seasons suite. along with Rebecca, Todd Whiting and Billy Clinical Research group.
We were very happy to hear from Jin Bey met up with Villi Iltchev for dinner and Enis Oksan will be completing his military
NamKoong who also surfaced with an update drinks recently. Villi was in New York en route service obligation for the Turkish Army during
for the first time since graduation. After stops to Europe for work, and is loving life in San the month of July…“Strength and honor.”
in Bentonville and Boston, the NamKoongs are Francisco along with wife Jen Faenza (MBA’01). Howard Jenkins and wife Gin had their
happily settled in Dallas where Jin is working Prashant (‘Herbie’ to his fellow class first child Luther Howard Jenkins on April 30.
for i2 Technologies, a supply management secretaries) Prasad got married to Nishtha He weighed 7 lbs., 15 oz. and “is the best thing
solutions company. The NamKoongs are looking Aiyar in a traditional Tamil Brahmin Hindu ever.”
forward to their first summer in Texas and report ceremony on Jan. 25. Several Darden Sean Harrington and his wife are proud
that their two daughters are looking forward to classmates made the trip down to Mumbai to announce the birth of their first child, Keara
making new friends after all the moving. for the wedding: former room-mates James Leigh Harrington. Keara was born April 27 and
Elizabeth Yanero is still in the DC area and Pilachowski and Gurpreet Malik (who, a few was 6 lbs. 11oz. and 20 inches.
is currently on maternity leave from Booz Allen weeks later, passed on the happy news of his Joel Selzer, king of class news and
Hamilton. Elizabeth and Tony had their second engagement to Komal Bhasin), Travis Massey, updates reports the following marriages and
child, Andrew Joseph, in October (to his sister Maria and Pedro Libano Monteiro, Dennis engagements: Jack Garside will be getting
Anna’s disappointment, he can’t be returned) Ortiz, Katherine Neebe and Rebecca Gordon. married in C-ville in July, Sean Spiegel is
and report, quite rightly, that Darden was a Prashant and Nishtha honeymooned in New getting married in Nags Head in August, Walt
breeze compared to parenting. Anna is now in Zealand and Australia and are looking forward Leddy is getting married in Texas in July, Matt
her “terrible twos” and negotiates everything to trips to Italy in May and to the US in August Hasson is recently engaged and will be married
(especially bedtime). For some additional for Gurpreet’s wedding. in New York in January, Anurag Chandra and
challenges, Tony deployed from the Pentagon Jasmine Khambatta were recently engaged,
in January and will be in Qatar supporting the as were Brian Kolle and Emily Michaels. As
Army for another four months. Upon his return,
the Yaneros will be moving to Atlanta late
’05 for Joel, he left Medical Funding Services in
February to formally launch Ozmosis.
summer—Elizabeth shared some disappointing John Lake Kenneth Kim is now Deputy General
news with us: former room-mates Peter Conn ToTran Nguyen Manager of the IPO Department in the
and Elizabeth Moody made it clear that the Fabiano Lopes and Carol were married Investment Banking Division of newly re-
Yaneros are not moving in with them. last December in Sao Paulo. The wedding named Samsung Securities. He also was
Erstwhile Brasilieros Vikas Chawla and cake featured an illustration of the Darden married on April 28th to Mi Jeong, a patent
Noelle Mendez-Villamil are back in the building. Several Darden alumni were in attorney specializing in chemistry.
US. Vikas recently left BCG to pursue new attendance including Guilherme Silva, Lynn Manthy and husband Mark had a
opportunities and will be relocating to Seattle Scott McPherson, Ricardo Campanario, baby boy, William, on March 26. He is “growing
where Noelle has accepted an exciting new Alex Zimath, Mila Leite, Heather Baldwin, like a weed and we are enjoying getting to

78 • DARDEN Spring 2007


know him!” Lynn also reports visiting with financials of the bacon industry, Cherbs is also a teach in the program as well.) Paul is now in
the (Thomas) Peddicords and meeting their new home owner and in the midst of planning his second year as a Ph.D. candidate here at
new addition, daughter Kate who arrived in a kitchen renovation! (Sheyna hopes to offer Darden. He has also served LEAD for two years
February. Lynn also caught up with a bunch home improvement tips.) as head resident assistant and as an associate
of classmates at Neal Hoffman’s wedding in One liners…Steve Walzer and his wife director last year. I ask you all to welcome Paul
Newport, RI this past Labor Day weekend. Jody had a baby boy, Matthew (now 9 months) into his new role and to join us once again in
Sarah Goldberg and Will Lien will be getting and are moving to Seattle. “I’ll be working in offering another summer of learning and fun
married in Alabama on Nov. 3. M&A in Microsoft’s new health solutions group,” for our visiting LEADers.
Nicci Small and Jay moved to Carmel, IN Steve writes.
(just outside of Indianapolis), this spring. Jay Matt Hasson left GM and joined CIT. Jack
took a position at 40|86 Advisors, a subsidiary
of Conseco. Nicci left her position at Bank of
Garside is now at Deloitte Consulting Tim
Brown is on a six month rotation in Sweden
’06
America in late March and is currently job for Bain Consulting. Ashton Cullum moved to Ellie Off
hunting, settling into their new house, playing Richmond. Steve Majocha started a new job Greetings Class of 2006! I am happy to
golf and working with Joe Miller’s mom to sell with Neuberger Berman. Wesley Woo has left report some engagement news among
their old house (shameless plug for anyone Target to start Nauset Capital Partners, LP an members of the class. Katherine Shirley
looking in the Charlotte area—great Myers Park investment management firm. and B.T. Remmert are engaged and will
location). This summer Darden is entering its 25th be getting married in August in Columbia,
Ben and Katie Monsoon had a baby year of commitment to the LEAD Summer SC. In addition, Kim Lau and Andy Bolt
boy, Magnus Bennett on April 14. Everyone is Business Institute—a three week intensive recently decided to tie the knot as well.
healthy, and doing well. Leadership, Education and Development youth Congratulations to both couples!
Jim Zuffoletti and Otavio Freire’s startup program in business. This program targets Please send your news to me at: ellie.off@
OpenQ is growing and profitable and has high achieving rising high school seniors gmail.com.
added two additional Darden alumni to their from underrepresented communities across On behalf of the class, I am saddened
team; Brian Costa (MBA ’06) and Mike Broad the United States and Puerto Rico. Designed to report that Rachel Maria Haberkern
(MBA ’04). as a “Mini-MBA,” the program is taught by Sherman, wife of Steven Sherman, died in an
Samuel Suraphel is living and working Darden faculty and supported by both staff automobile accident April 15. Rachel worked
in Tanzania, East Africa. He works for Abel and students. The curriculum culminates in a for The Finance Project in Washington, DC as
Contractors(www.abelcontractors.com), a Business Plan Competition where the student a researcher and writer helping community
local construction company specializing in groups present an original business idea to a organizations across the country finance and
the telecom sector. If anyone is interested in panel of “Venture Capital” judges. The program sustain local programs for children and families.
learning about the region, they are welcome to also includes company visits, guest lecturers Rachel was a gifted singer and a wonderful
contact him through the alumni database. and discussions on University life and career friend. She played soccer and ran marathons
Ace married his girlfriend of five years, Marie, in planning. (See: www.leadnational.org/index. to benefit The Leukemia & Lymphoma
October ’06 in Philadelphia. They are now living html for further information.) In the past the Society, and was an active volunteer for
in the suburbs just outside of Philadelphia, a program was co-directed by a faculty member Planned Parenthood and the Junior League of
short drive from the Delaware state line where in the role of curriculum co-director and a Charlottesville. A memorial service was held
Ace is working at the credit card division of operations co-director. Dia Draper (formally in April 21 at the Duke University Chapel. Rachel’s
JPMorgan Chase. “No plans yet to have a baby Admissions) served in the operations position family has asked that donations be made in
in the near future, but for now Marie and I are and I coordinated the curriculum. This year we her memory to the National Multiple Sclerosis
enjoying married life while taking care of our will have a single director, Paul Harper, who Society or The Leukemia & Lymphoma Society.
two cats, Dooney and Bourke. I hope everyone will design and coordinate all aspects of the
is doing well! Cheers, Ace.” program. (I will stay on as a faculty advisor and
Katie Cunningham and Sheyna Horowitz
recently celebrated the completion of yet
another marathon (Inaugural ING Atlanta
Marathon March ‘07). Training in Hotlanta paid
off as they both smoked the course setting
personal records! In April, the 5’3” and under
club had a mini reunion down south. Joined by
Cherbury Hunt (who now lives in Norfolk, VA,
employed by the renown country ham maker
Smithfield Foods), Katie, Alyssa Franklin, and
Sheyna kicked off the summer barbecue season
in style. Sangria was in abundance, of course.
Sadly, the Darden southern belles will be one
less when Sheyna departs for the frozen tundra
of Minneapolis. She’s trading in her Home
Depot orange apron for the snazzy Target red
shirt. Katie and Alyssa continue to be diligent
Deloitters and expert travelers, having accrued
over a zillion trillion frequent-flyer miles. When
they’re not on the road, Alyssa enjoys her shiny Alums in Italy gathered for a ‘Winter Event’: from left, Andrea Tellarini (D’05), Alessio Carbone (D’06),
new condo and Katie dominates the kick ball Timothy Fratta (D’04) and Ana Carina, Walter Lucchi (D’99), Chiara and Davide Ambrosini (he will join
field. And although she is busy learning the Class of 09),

www.darden.virginia.edu • 79
Keeping up to date
Address Updates edu/MBAexec, or email MBAExec@darden. Awards from the 2006 Annual Funds
Moving? New job? Notify Alumni Rela- virginia.edu for information.
tions by phone at (800) DARDEN3, by fax at The Darden School
434.982.-2338, by email at DardenAlum@ Admissions
2006 Outstanding Participation
darden.virginia.edu, or update your contact For information about the MBA or joint
Harry Lewis ‘57
information online at degree programs visit www.darden.virginia.
edu/mba. For MBA admissions information, The Darden School
www.darden.virginia.edu/alumni. 2006 Highest Dollar Amount
call 800.UVA.MBA1 or email questions to
Alumni Career Services darden@virginia.edu. Henry Benner ‘66
Planning a career change or researching The Darden School
other opportunities in your industry? The Career Development Center 2006 Outstanding Participation
Alumni Career Services (ACS) office can as- Interested in recruiting MBA students at Hugh Ewing ‘71
sist you. Contact Herb Crowder by phone at Darden? Contact the Career Development
Center at 434.924.7283 to schedule a com- The Darden School
434.924.4878, by email 2006 Outstanding Participation
at CrowderH@darden.virginia.edu, or visit pany briefing or student interviews.
Mike DeCola ‘77
the ACS Web site at http://www.darden. Darden Merchandise
virginia.edu/html/area.aspx?area=acs The Darden School
To order Darden, a Pictorial History of the 2006 Highest Dollar Amount
Class Notes University of Virginia’s Darden Graduate Jim Kluttz ‘74
Keep classmates up-to-date by sending School of Business Administration contact
the Darden Exchange Bookstore by phone The Darden School
news to your class secretary, whose name is 2006 Outstanding Participation
listed at the top of your class notes column. at 434. 243.5515, by email at dx@darden.
virginia.edu. The Pictorial History was writ- 2006 Highest Dollar Amount
Or send your news directly to the school by Brian Cowan ‘91
filling out the pre-addressed, postage-paid ten by Mark Reisler, the Darden School’s
associate dean for administration. Darden The Darden School
“Have You Moved?” card that is in each issue
insignia products are also available through 2006 Outstanding Class Secretary
of Darden.
the bookstore. Stuart Quarngesser ‘57
Alumni Web Site The Darden School
Browse Darden’s alumni Web site at www. Darden Business Publishing
2006 Outstanding Alumni Chapter
darden.virginia.edu/alumni to locate former Representing a broad range of industries
Richmond, VA Chapter
classmates, catch up on chapter events, or and companies, Darden Business Publish-
Matthew Markee ‘01
update personal information. Network with ing provides faculty instructors, corporate
Jennifer McEnery
fellow alumni in your area and take advan- trainers, and individuals with an exten-
sive selection of educational tools. Many The Darden School
tage of speakers, seminars, and chapter 2006 Outstanding Alumni Chapter
programs. If you need your username cases are accompanied by teaching notes,
spreadsheet diskettes, videos, and CD- Washington, D.C. Chapter
or have password questions, please contact: Rebecca Kilduff ‘93
Alumni Relations, dardenalum@darden. ROMs to intensify the classroom learning
experience. For more information or to Abby Rohman ’04
virginia.edu or call 800.DARDEN3.
purchase materials, call 800.246.3367, or The Darden School
Development visit www. dardenpublishing.com 2006 Outstanding International
To make a gift to Darden or to receive infor- Alumni Chapter
mation about planned giving, contact the Japan
Development Office at 800.DARDEN3, De- Takahisa Koitabashi ‘93
velopment@darden.virginia.edu, or make a The Darden School
contribution online at http://www.darden. 2006 Outstanding “Call to Action”
virginia.edu/html/infofor.aspx?info=giving. Alumni Chapter
Charlotte, NC Chapter
Executive Education
Katie Bisbee ‘04
Develop your executives and grow your
Buddy LeTourneau ‘73
business through Darden Executive Educa-
tion. Programs include open courses and
firm-wide custom options. For informa-
tion call 434.924.3000 or send an inquiry
to Darden_Exed@darden.virginia.edu.
Find upcoming programs at www.darden.
virginia.edu/exed..
MBA for executives
The first class has started its 21-month
experience in the Darden MBA for Execu-
tives program. Visit www.darden virginia.

80 • DARDEN
DARDEN Fall 2006 2007
Spring
PROFILE IN LEADERSHIP

John Macfarlane (MBA ’79)

J ohn Macfarlane III (MBA ’79) begins a two-year


term as chairman of the Darden Foundation Board
of Trustees on July 1.
our most important constituents—our alumni, our
corporate supporters and prospective students.”
Macfarlane, who has served as a Darden trustee
In advance of his appointment, Macfarlane since 2001, said he also hopes, through new trustee
shared his thoughts on the state of the school, the recruitment, to broaden and strengthen the skill sets of
reorganization of the board, and what he hopes will be the board and to restructure committees “to orient our
accomplished during his term. work in a way that will be most helpful to the mission
“The Darden School and the Darden Foundation of the foundation and to the school.”
are at an inflection point,” he said. “We have a new Prior to assuming his current responsibilities
dean who has generated significant momentum for on the board, Macfarlane chaired the Foundation’s
the school, both in raising its national profile and in Investment Committee and was instrumental in the
increasing the number and quality of MBA applicants. creation of the Darden Jefferson Scholars program
The foundation has just completed a very productive —the most generous scholarship package the school
three years under the direction of Bill Goodwin and offers. He also serves on the Board of Trustees and on
Ann Taylor. We have hired new senior staff—Vice the Executive Committee of The University of Virginia
President for Finance Laura Terry, CEO of Executive Investment Management Company (UVIMCO), a
Education David Newkirk, and Vice President for foundation that provides investment management
Development Jay Gundy. We have strengthened services to the University.
procedures and controls, and are in the process of “When asked about my Darden experience the
completing a Memorandum of Understanding which one word that comes to mind is ‘transformational,’”
will clarify the relationships between the School, he said. “Darden took a classical studies major from
the Foundation and the University. This work will Hampden-Sydney College, with very little knowledge
create a solid foundation for the next chapter of the of business, and gave me the confidence and the tools
school’s development, which is to conduct a successful necessary to build a career in financial services. I feel a
capital campaign, the primary purpose of which will tremendous sense of gratitude to the school and to the
be to create endowments for scholarships and new professors who gave so unselfishly of their insights and
centers for learning. Beyond the capital campaign, of their time.”
the Foundation’s Board hopes to provide important Macfarlane is chief operating officer of Tudor
strategic guidance and assistance to the dean and to Investment Corp. and co-chairman of the firm’s
the faculty in the development of Darden’s programs. Management Committee. Prior to joining Tudor in
Lastly, in working closely with Vice President of 1998, he was with Salomon Brothers for 18 years.
Alumni Relations Michael Woodfolk and the Alumni Macfarlane received Darden’s Rosenthal Fellowship
Board, we aim to strengthen relationships with for innovation in the field of finance in 1989.
Congratulations to the Class of 2007

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