FISHER NEWS Faculty, Staff & PhD Edition
January 27, 2005
  In this issue

Students Build Leadership Skills at P&G Camp

Finance Prof Honored at AFA Annual Meeting

Karolyi Named to AFA Board of Directors

René M. Stulz Scholar Development Award Announced

Nelson Honored with TopCAT Award

Grange Insurance Exec Offers Leadership Lessons

Portion of Service Event to Honor Bill Hall
Meredith Yacso (l), a Fisher College alumna and P&G employee, discusses her undergraduate experience with students attending the P&G Leadership Advantage Camp. Fisher College of Business
Students Build Leadership Skills at P&G Camp
For 25 of Ohio State's top undergraduate students, the chance to spend a weekend sharpening their leadership skills with 13 of Procter & Gamble's top brand managers and assistant brand managers was well worth an early morning start time. Now in its sixth year, the two-day P&G Leadership Advantage Camp, which took place earlier this month, helped students build on their proven leadership skills through a series of interactive presentations, lively dialogue and team building activities, culminating in a business case that involved creating a new brand. Students also participated in intensive interview and resume training.

The participating P&G employees also enjoyed the opportunity to interact with students. Many were Fisher College alumni who had attended the camp as students and who elected to spend their weekend giving back to their alma mater. Of the 13 present, nine were alumni. These included were Krissy Little, Meredith Yacso, Jason Duff, Mohit Bathija, Sara Paulisick, Zena Srivatsa, Tikica Benjamin, Keisha Wells, and Dawn Capper. For the complete story, click here.


Finance Faculty Member Honored at AFA Annual Meeting

René Stulz(l) receives honors fro
m former students and colleagues
René Stulz, Everett D. Reese Chair of Banking and Monetary Economics, recently completed his term as president of the prestigious American Finance Association. As an outgoing honor, Stulz gave a presidential address on his paper titled "The Limits of Financial Globalization," which will also be published in the Journal of Finance. The speech was part of the association's annual meeting, which took place Jan. 7-9 in Philadelphia. The American Finance Association is the premier academic organization devoted to the study and promotion of knowledge about financial economics.

As part of the celebration, Stulz's former PhD students - many of whom are renowned professors from around the world - and current colleagues hosted an intimate get-together. There, he was presented with a photo montage of his former students and the René M. Stulz Scholar Development Award (see story below)was announced. In addition, Fisher College's Department of Finance hosted a large party at the Philadelphia Museum of Art with about 350 people.


Karolyi Named to AFA Board of Directors
At the American Finance Association's annual meeting, Andrew Karolyi, Charles R. Webb Designated Professor of Finance, was named as one of only 11 members of the association's board of directors. The board of directors, along with the association's officers, assist in key decisions affecting the association. Karolyi, an internationally-known investment management scholar, has published extensively in top-tier journals in financial economics, including the Journal of Finance. He also directs The Ohio State University’s Student Investment Management program, in which undergraduate and graduate students manage $19 million of the university’s endowment fund. Karolyi joined Fisher College's finance faculty in 1989.

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René M. Stulz Scholar Development Award Announced
Earlier this month, former PhD students and current colleagues of René Stulz, professor of finance and Everett D. Reese Chair of Banking and Monetary Economics, announced the establishment of the René M. Stulz Scholar Development Award. The award was developed in Stulz's honor to support successful advanced-year PhD students in Fisher College’s Department of Finance in such endeavors as conference travel, data acquisition or any research-related activities. Donations to the fund can be sent to Juliette Parnet, director of stewardship, Office of Development and External Affairs, Fisher College of Business, 101 Fisher Hall, 2100 Neil Avenue, Columbus, OH 43210. Checks should be made out to The Ohio State University. Please make sure to indicate that you would like your donation to go to the René M. Stulz Scholar Development Fund (fund # 311885).

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Nelson Honored with TopCAT award
Kay Nelson, an associate professor of accounting and director of the Center for Information Technologies in Management, was presented with the Columbus Technology Council’s TopCAT award on January 20. The TopCAT Awards are given to individuals and groups for outstanding achievements in each of eleven categories representing all aspects of technology from life sciences, IT, manufacturing and advanced logistics.

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Grange Insurance Exec Offers Leadership Lessons
Phil Urban, president and chief executive officer for Grange Insurance, presented his tools for successful corporate leadership to a group of students, as part of the Sander Flaum Leadership and Professional Development Seminar Series on Friday, Jan. 14. Urban, an Ohio State University alumnus and a Dean's Advisory Council member, is head of the Grange Leadership Team, a group that is comprised of 15 senior executives who establish rules, implement strategic planning and work on human resource issues. For more about Urban's thoughts on leadership, click here.

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Portion of Service Event to Honor Bill Hall
One hour of the 2005 BuckeyeThon will be dedicated to fundraising for cancer research in honor of Vice President for Student Affairs Bill Hall, who was recently diagnosed with pancreatic and liver cancer. The 14-hour dance marathon begins at 10 p.m. Friday, February 4, and concludes at noon on Saturday, February 5, and raises funds for Columbus Children's Hospital.

The special tribute to Hall will take place from 9:30 to 10:30 a.m. on Feb. 5. During that time, anyone who wishes to may join the BuckeyeThon dancers for a minimum donation of $10 per person or $20 per family, which will be given to The James Cancer Hospital to support research on pancreatic and liver cancer. During this hour, some of Bill's favorite music will be played and there will be special guests, trivia contests and competitions. There will be a seating area for those unable to dance. Children and families are encouraged to attend, as the event will be fun and educational for all ages. To register or for more information, email baioni.2@osu.edu or call the Ohio Union at (614) 292-7924. Donations in the form of cash, credit card or checks made payable to The James Cancer Hospital will be accepted on the day of the event.

Calendar of Events

January 28, 2005
MBA Finance Association Investment Banking Seminar from 9 a.m. to 5 p.m. in Gerlach Hall.

January 28, 2005
Professor Vernon Richardson, University of Kansas, will present his paper titled, "Information Technology and the Volatility of Firm Performance," at the Thomas J. Burns Research Colloquium at 8:45 a.m. in 400A Fisher. Copies of the paper are available in 406 Fisher Hall.

February 1, 2005
Kara Witte of Unilever will speak at the Transportation and Logistics Association meeting at 7 p.m. in 209 Schoenbaum.

February 4, 2005
“Fisher Thought Leaders” - Roger Blackwell, 8:30 a.m. in 265 Gerlach Hall.

February 4, 2005
New York University Professor Sha Yang will speak at the Department of Marketing and Logistics Research Colloquium series at 10:30 a.m. in 500A Fisher.

February 4, 2005
CEMM Professional Development Seminar
at 1 p.m. in 140 Pfahl Hall.




News Briefs

Investment Banking Seminar
The MBA Finance Association will host an investment banking seminar on Friday, January 28. Seven seminars are planned for the day. Speakers include Alan Patricof, founder, APAX Partners; Jeff Solomon, managing director, Ramius Capital; Marty Murrer, managing director, Sagent Advisors; Tom Mitevski, investment advisor, Fifth Third Bank; and Frank Wojcik, senior portfolio manager, Fifth Third Bank. The event will begin at 9a.m., and will conclude with a reception at 5 p.m.

Blackwell to Speak in Thought Leaders Forum
Marketing Professor Roger Blackwell will be taking part in the “Fisher Thought Leaders” speaker series on Friday, February 4 in 265 Gerlach Hall. After an 8 a.m. continental breakfast, Blackwell will present research on “Consumer Driven Health Care (CDHC): The New Weapon in America’s War on Health Care Costs,” based on a book he co-authored with Tom Williams, clinical associate professor of surgery at Ohio State.

The presentation focuses on why the U.S. is at a serious disadvantage to other nations because of health care costs, why jobs are threatened, why the problem developed and how consumers are forcing employers to face a new health care paradigm in which consumers drive health care instead of third-party payers.


CEMM Hosts Professional Development Seminar
The Center for Excellence in Manufacturing Management will host its quarterly professional development seminar focusing on "The Lean Newspaper: Lean Application in a Manufacturing/ Transactional Environment" at 1 p.m. on Friday, Feb. 4 in 140 Pfahl Hall.

Employees from the North Jersey Media Group will speak about the company's achievements, including training, altering culture and time savings. The two speakers from North Jersey Media Group include Jonathon H. Markey, president and chief operating officer, and Mitchell Krugel, senior continuous improvement mentor. To attend the event, contact Jackie McClure at mcclure.92@osu.edu.

Business Plan Competition
Students who wish to get involved with the Center for Entrepreneurship's 2005 Deloitte Business Plan Competition but who do not have a team can potentially be matched up with a team. For more information, contact Yoon Hee Kim at kim_1635@cob.osu.edu. For more information about the competition, visit www.entrepreneurship.osu.edu.

TLA Banquet
The Transportation and Logistics Association is holding a banquet on February 22, at 6:30 p.m. at The Blackwell. John Bowman, general manager of supply chain for GE Transportation, Aircraft Engines, will address the latest supply chain trends. The banquet is free to all TLA members and is $10 for non-members. Contact Marty Menninger by February 16 at menninger.5@osu.edu.



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