Tuesday, July 28, 2009

A Message From Dean Salvatore F. Sodano

This month marks my third year as dean of the Frank G. Zarb School of Business. This milestone gives me the opportunity to reflect on the changes that have occurred at the Zarb School and contemplate how we will continue to strengthen our programs in the future.

My tenure as dean has been a truly exciting, challenging and enriching experience. I am very proud of all of the accomplishments the Zarb School has made in the past three years and am grateful for the overwhelming support I received from faculty, administrators, staff and especially students and alumni. Along these lines, there is some news pertaining to my role at Hofstra. President Rabinowitz has asked me to assume a new role at Hofstra, working directly with him on university-wide initiatives. I will elaborate on my new position after reviewing the Zarb School's many accomplishments.

When I began my journey as dean, three goals were foremost. First, in order to solidify the reputation of the Zarb School, it was imperative that we become nationally ranked. The allure that these rankings bring to an institution is undeniable and, although our academic programs have always been of high quality, we previously were not ranked. Second, the Zarb School needed to strengthen connections with its very formidable roster of alumni. Nurturing these relationships significantly bolsters a school, providing a wealth of networking and career opportunities for students. In addition, successful fundraising efforts are facilitated through a strong alumni network. Third, our graduate programs needed to attract the best and brightest students.

It gives me great pleasure to announce that all three of these goals have been accomplished. We have always known that the Zarb School was a fine institution, with dedicated faculty, an innovative curriculum and state-of-the-art facilities. Now, the strength of our school has been formally recognized by U.S. News & World ReportBusinessWeek and the Princeton Review which, through extensive surveys of business school deans, corporate recruiters and students, have ranked our programs among the best in the world. (For a detailed description of these rankings, click on Zarb School’s Impressive List of International and National Rankings and Accreditations.)

In May 2008, Edward G. Watson (M.B.A., ’89), executive vice president of operations and technology at FannieMae, graciously agreed to serve as president of the new Zarb School Alumni Association, a cohesive and comprehensive group that represents all Zarb undergraduate, M.B.A., M.S. and E.M.B.A. alumni. In just one year, this dynamic group has made significant strides toward enhancing the national reputation of the Zarb School and expanding networking and professional development opportunities for our alumni and students. Much of my time over the last three years has been devoted to alumni outreach, fostering relationships with this very important constituency. These efforts have reaped tremendous benefits and, despite a challenging economic environment, gifts to the Zarb School are stronger than ever.

In fall 2008, the Zarb School made another tremendous leap forward, as our first class of full-time, day M.B.A.s commenced studies. This new cohort program, established through fund raising efforts for scholarships and geared especially toward high-performing students, has significantly enhanced the profile of our graduate population with an average GPA of 3.2 and average GMAT score of 620.

We continue to forge ahead with new programs and initiatives. Once again, this semester we had an impressive complement of programs, providing Zarb students with abundant opportunities to interface with leading professionals. The Zarb School welcomed Nobel Laureate Dr. Robert F. Engle, Henry Keizer, global head of audit at KPMG, and Sir David Tweedie, chairperson of The International Accounting Standards Board, among others. (For a full list of this semester’s programs, click on Highlights of Recent Events.) We are expanding our online course offerings and exploring the possibility of a Zarb online M.B.A.program.

Regarding my new role, over the past few months, I have had conversations with President Rabinowitz about the Zarb School and the University. We talked about what we have been able to achieve at the Zarb School and the possibility of me working with him, and doing many of the things that we have been able to do here, University wide. He strongly encouraged me to take on a new role reporting to him, as Senior Executive Advisor to the President. I have agreed to do so. In particular, I will continue to focus on building strong relationships with all of our constituencies, including our corporate relationships, alumni, donors, students and faculty, as well as continuing the great success that we have had in putting on high-profile conferences and events for the Hofstra community. I will continue as dean of the Zarb School until a successor is found. It is anticipated that this transition will take place sometime next summer.

This next academic year promises to be particularly exciting as Hofstra University celebrates its 75th anniversary. In recognition of this milestone, each school on campus will host a major conference. We will announce the theme of the Zarb conference soon. I look forward to another productive year at the Zarb School and, as always, welcome your comments and suggestions.

The Zarb School’s Impressive List of National and International Rankings and Accreditations


Students, corporate recruiters and business school deans have ranked the business program at the Zarb School among the nation’s best, according to The Princeton Review, BusinessWeek and U.S. News & World Report.

The Princeton Review included the Zarb M.B.A. among other prestigious graduate programs in the 2009 edition of the Best Business Schools.

The Princeton Review also identified the Zarb School M.B.A. in marketing among the top 15 programs at any college or university based on their Student Opinion Honors for Business Schools. This 80-question survey evaluates responses from 19,000 students on how well they felt their M.B.A. business school courses prepared them in the areas of accounting, finance, general management, global management, marketing and operations. They were also asked to report on their classroom and campus experiences.

ranked the Zarb School undergraduate business program #97. The ranking process looked at surveys from more than 85,000 senior business majors and nearly 600 corporate recruiters, the number of graduates each program sends to top M.B.A. programs and median starting salaries for graduates. According to the Association to Advance Collegiate Schools of Business (AACSB) International, there are approximately 1,600 business school programs in the country.

BusinessWeek also ranked Hofstra #48 in its listing of the Colleges With the Biggest Returns, a ranking based on the earnings potential of midcareer professionals based on their undergraduate alma mater.

U.S. News & World Report ranked the Zarb School #63 in their annual ranking of full-time master's programs in business. This ranking was based on surveys of 426 graduate business programs accredited by AACSB International conducted in fall 2008 and early 2009. Respondents were asked about educational quality, peer and recruiter assessment, graduate employment rates, mean starting salaries, placement success and acceptance rates.

U.S. News & World Report’s listing of the Best Undergraduate Programs ranked Zarb’s program #121 out of more than 550 AACSB-accredited schools.

Memorial Service for Hofstra Trustee Emeritus Robert E. Brockway (B.B.A. ’46)

On April 19, 2009, family and friends gathered at Hofstra University to honor the life of Robert E. Brockway. Trustee Brockway’s devotion to Hofstra University, and especially the Zarb School, was profound, serving on the Hofstra University Board of Trustees from 1984 to 1995, assuming the roles of vice chair and chair of the University Relations Committee. In 1987 he became a professor of marketing, a senior executive-in-residence, and a special assistant to the dean. In 2006 Trustee Brockway and his wife were honored with the Marjorie and James M. Shuart Alumni Family Award for their many years of service and friendship to the University.

Alumni Profile: Andrew F. Corrado, M.B.A. ‘92

Andrew F. Corrado, M.B.A. '92, is the market president for Capital One Bank in Nassau County, New York

Andrew F. Corrado
Andrew F. Corrado, M.B.A. '92

What is your role at Capital One Bank?

As a Capital One Bank executive in Nassau County, I handle the bank’s community resources and activities designed to help meet the needs of the local Nassau County community including philanthropy, volunteerism and community banking products and services.

Why did you decide to help establish the Capital One Campus Entrepreneurship Challenge at Hofstra University?

As local bankers, we have a responsibility to help lead and create change in the markets we live and work in. This unique partnership gives us the opportunity to promote entrepreneurship at both the high school and college level. Partnerships that make a difference to our youth, the families that reside here, and the communities across Long Island are so important to our future.

What do you hope this program will accomplish?

The opportunity to change and improve the current state of Long Island and to forever impact the lives of these students by virtue of the decisions they make going forward in life.

Would you say you have an entrepreneurial spirit?

Yes, as a senior vice president and market president at Capital One Bank, every day seems entrepreneurial As a banker, I have the great opportunity to work with local businesses, and build client relationships.

Why did you feel it necessary to get an MBA?

The competition in the job market was intense and this was an opportunity to differentiate myself even further. I had a real thirst for knowledge.

What are some of your best memories at the Zarb School?

Learning from the real life experiences of professors who were more than just instructors. Many were business people with the ability to relate to real life work environments.

Do you participate in the Zarb Alumni Association?

Yes, I sit on the alumni council and I am the co-vice president for leadership and recruitment.

How did you become involved with the Big Brothers and Big Sisters of Long Island?

Back in 1990, I was an associate at the Long Island Savings Bank and one of their executives asked if I would participate in a bowl-a-thon in support of Big Brother and Big Sisters of Long Island. Going there that day and meeting the kids made me realize just how fortunate I was. From that day forward, I vowed to make a difference for these children and I haven't stopped since.

Mr. Corrado also serves as treasurer on the Board of Directors for the Maurer Foundation for Breast Health Education. In 2008, Mr. Corrado received the Thurman Munson Corporate Hero Award for his business leadership and his charitable and philanthropic work within the local community.

Zarb’s Newest Distinguished Professors

Through the generous support of our benefactors, the Zarb School is enriched by 12 distinguished professorships and two endowed chairs. We have profiled the two most recently honored distinguished professors, Dr. James Neelankavil and Dr. Anil Mathur.

James Neelankavil
Dr. James Neelankavil

Dr. James Neelankavil, Robert E. Brockway ’46 Endowed Distinguished Professor in Marketing

Dr. James Neelankavil has been recognized as a gifted teacher. He was voted best teacher of the E.M.B.A. program by students twice. He is the chair of the faculty advisory board of the Journal of International Business and Law and is the faculty adviser to the Hofstra Business Consulting Group. Formerly acting dean of Hofstra’s School of Business, Dr. Neelankavil has also served as associate dean.

Dr. Neelankavil has had extensive industry experience with Firestone Tires, Inc., in Bombay. He has also served on the faculties of the Asian Institute of Management, Manila, Philippines, and the Stern School of Business of New York University. He has had visiting professorships at Bocconi University in Milan and at the Rotterdam School of Management in the Netherlands.

Dr. Neelankavil’s publishing record is impressive. He is the author of International Business Management Simulation; Global Business: Contemporary Issues, Problems and Challenges; Advertising Regulation Worldwide; and Advertising Self-Regulation: A Global Perspective. Dr. Neelankavil has presented numerous papers both in the United States and abroad on international business issues. His research papers have appeared in many leading journals, including the Journal of International Business Studies, Journal of Business Research, European Journal of Marketing, the Journal of Advertising Research, the Journal of Management Development, Management Research, and the Journal of Global Marketing. Dr. Neelankavil’s research has included cross-cultural study of managerial skills, international research techniques, international advertising, R&D elasticity, innovation as a strategic tool and global strategies.

Dr. Neelankavil received a B.Sc. from Kerala University in India, an M.B.A. with distinction from the Asian Institute of Management, Philippines, and a Ph.D. in international business from the Stern School of Business, New York University.

Anil Mathur
Dr. Anil Mathur

Dr. Anil Mathur, Brodlieb Distinguished Professor in Business

Dr. Anil Mathur has been recognized for his excellent teaching skills, especially in the area of marketing research, a very demanding required course for all undergraduate marketing majors. For the past 11 years, he has served as the associate dean/vice dean of the Zarb School of Business.

Vice Dean Mathur is a renowned scholar and is recognized for his expertise in marketing, consumer behavior and older consumers. His current research interests include consumer behavior, research methodology and cross-cultural consumer behavior/managerial issues. He has co-authored two books: The Maturing Marketplace and Baby Boomers and Their Parents: Surprising Findings About Their Lifestyles and Well-Being. He has also authored or co-authored more than 70 papers that have been published in journals, such as the Journal of the Academy of Marketing Science, Journal of International Business Studies, Journal of Business Research, Journal of Services Marketing and Psychology and Marketing. Vice Dean Mathur is a member of the editorial board for Psychology & Marketing and serves as a reviewer for many prestigious journals.

Vice Dean Mathur is actively involved in community and professional activities. He has lectured several times at the Indian Institute of Management, Bangalore, India, and is fluent in Hindi and Bengali.

Vice Dean Anil Mathur earned a B.Sc. and an M.Sc. from the University of Calcutta and the University of Delhi, respectively, and a postgraduate diploma in management from the Indian Institute of Management, Bangalore, India. He earned a Ph.D. in marketing from Georgia State University. Vice Dean Mathur’s industry experience includes nearly nine years in various marketing positions in Bharat Heavy Electricals Ltd., in India.

Zarb School Commits to Social Responsibility

Zarb's Team M.B.A. Work to Improve Their Community

Team M.B.A.
Zarb's Team M.B.A. at California Avenue Elementary School

In April, as part of Team M.B.A. month, Zarb students and administrators participated in a playground renovation at the California Avenue Elementary School in Uniondale. Students solicited local businesses, including Sherman-Williams and Target, to donate their products and services. Team M.B.A. month is sponsored by the Graduate Management Admissions Council and is intended to allow business students to do work that demonstrates social responsibility and a commitment to their local communities.

Zarb Graduate Students Form Corporate Social Responsibility Association

The Zarb Corporate Social Responsibility Association (CSRA) was formed in spring 2009 to facilitate awareness of and participation in sustainability issues and social responsibility of business organizations. The mission of the Zarb CSRA is to enhance Zarb graduate business students’ knowledge and experience with socially conscious business practices by offering discussion forums with area business leaders, providing hands-on practice through volunteering services to meet community needs, and demonstrating the philosophy of corporate giving by assisting organizations in their intention to support the environment and community.

Local High School Students Compete in the Second Annual Commodities Trading Competition at Hofstra

On January 16, 2009, students from several Long Island high schools competed in the second annual Hofstra-Chicago Mercantile Exchange (CME) Group Commodities Challenge for High Schools, an innovative program designed by Hofstra University and the CME Group to introduce high school students to the intriguing world of commodities markets and their impact on the economy and investments.  Participating high school students learned about the purpose and functioning of commodities futures markets and newer electronic trading systems and traditional “open outcry” trading. Participants also learned the function of commodities markets from Zarb’s finance professors and professionals of CME Group. Dr. Nancy White, chairperson of the Department of Finance and associate professor of finance, Dr. Ahmet Karagozoglu, associate professor of finance, and John Lemkan, client management training services for CME Group, discussed the economics of trading in financial markets as well as market terminology, contracts, trading, investments and the impact of commodities on the overall economy. The competition took place in Hofstra’s Martin B. Greenberg Trading Room, a technologically enhanced facility featuring 34 dual-panel Bloomberg terminals.

Campus Entrepreneurial Challenge: A Program for Zarb Undergraduates and Uniondale High School Students Sponsored by Capital One

To enhance the all-important entrepreneurial skills of high school and undergraduate students, the Zarb School – through the generous support of Capital One – introduced the Campus Entrepreneurial Challenge. In fall 2009, teams will be formed consisting of both students from the Zarb School and Uniondale High School. Each team will be given seed money to launch, run and grow a business over the course of the academic year. In May 2010, each team will present their “annual report” and will be judged on the success of their enterprise.

B.B.A. Student Peter Carmen Presents “Into Africa: Microfinancing in a Zambian Refugee Camp"

Peter Carmen
Peter Carmen and Dean Bales

On April 22, 2009 Peter Carmen, a Zarb Honors College student, spent his sophomore year working with FORGE, a U.S.-based, nonprofit organization that serves displaced refugee communities in Africa. He discussed his experiences with Hofstra students, faculty and administrators of co-founding and directing a microfinance program that distributed loans to hundreds of refugees, empowering these individuals to use entrepreneurship to escape extreme poverty. The program also provided savings accounts and business education programs.

Highlights from Recent Events

The following business-related events were sponsored by Hofstra University, the Zarb School, or another Hofstra entity.

January 2009

January 7, 2009: The Next Wave: Career Opportunities in Business

Dr. Joel Evans
Dr. Joel Evans

Dr. Joel Evans, the RMI Distinguished Professor of Business, led a discussion with economists and regional business leaders about labor market trends, the job market, and opportunities for growth.

February 2009

February 25, 2009: Executive Speaker Series – Understanding the Culture Gap Between Men and Women in Business

Erin L. Wolf
Erin Wolf (1st row; 4th from left) with Zarb graduate students

Business consultant, speaker and author Erin L. Wolf shared her personal observations and lessons learned on the cultural differences between men and women in business during a Zarb executive speaker series program on February 25, 2009. The event was sponsored by Zarb’s Graduate Business Career Services.

Ms. Wolf is founder and managing partner of SuiteTrack, a firm that helps companies improve their bottom line by tapping into the potential of their high-performing female associates in an increasingly diverse work force. With more than 20 years of experience, she has worked in the areas of strategy, business development and investment banking for nationally recognized firms such as Bain & Company, Accenture, Goldman Sachs and Salomon Brothers.

February 27, 2009: Third Annual Minority and Women Business Enterprise Awards Ceremony

Third Annual Minority and Women Business Enterprise (M/WBE) Awards Ceremony
Thomas Suozzi (back row; 4th from left), Nydia Velazquez (back row; 5th from left) and Dean Sodano (back row; 7th from left), among others.

Dean Salvatore F. Sodano was invited by Nassau County Executive Thomas R. Suozzi to attend the third annual Minority and Women Business Enterprise (M/WBE) awards ceremony on February 27, 2009. Congresswoman Nydia Velazquez, chairperson, Committee on Small Business, delivered the keynote address.

March 2009

March 3, 2009: Mia Tyler – Creating the Beauty in You

Mia Tyler center with Zarb M.B.A. students Christina Brandy and Nancy Schwartz
Mia Tyler center with Zarb

M.B.A. students Christina

Brandi and Nancy Schulman

Mia Tyler, television host, actress, plus-sized model and author of Creating Myself: How I Learned That Beauty Comes in All Shapes, Sizes, and Packages, Including Me, addressed Hofstra students on March 3, 2009. She provided students with insight about creating oneself, finding self acceptance and acknowledged that an individual is always a work-in-process. The event was co-sponsored by Zarb Women in Business.

March 4, 2009: Entrepreneur Assistance Program Presents Start and Expand a Business in a Challenging Economy

A free information session about Hofstra’s Entrepreneur Assistance Program (EAP) was held on March 4, 2009. This program, sponsored by Hofstra’s Scott Skodnek Business Development Center, teaches entrepreneurs strategies to grow a business and take advantage of opportunities during the economic downturn. Since February 1991, the EAP has helped more than 1,000 entrepreneurs launch and expand their businesses through one-on-one counseling with business owners and workshops ranging from market research to financial management.

March 7, 2009: Women in Career Transition: Possibilities, Opportunities and Strategies

Barbara Church-Kattan
Barbara Church-Kattan

Barbara Church-Kattan, director of Zarb’s Graduate Business Career Services, represented the Zarb School as a partner organization for Hofstra University Continuing Education’s annual conference, “Women in Career Transition: Possibilities, Opportunities and Strategies,” on March 7, 2009. Barbara was also the moderator of the morning panel discussion, “When One Door Closes ... Taking Charge of Change.” News 12 Long Island’s Judy Martin motivated the audience as she presented the keynote address, “Personal Branding: Standing Out in a Challenging Job Market.”

March 12, 2009: Operation Downtown Seminar – How to Successfully Market in Challenging Times

How to successfully market your business in challenging times was the topic of an Operation Downtown seminar sponsored by the Scott Skodnek Business Development Center at Hofstra University on March 12, 2009. The seminar was led by Mitch Tobol, partner at CGT Marketing, LLC, and covered topics such as navigating the new marketplace, gaining a competitive advantage, using social networking to your advantage and realizing a return on investment. These free Operation Downtown seminars, which began in October 2004, address topics of interest to business owners and aspiring entrepreneurs.

March 18, 2009: Executive Speaker Series – The Road From Entrepreneur to CEO – Featuring Richard Daly, CEO of Broadridge Financial Solutions, Inc.

Richard Daly, CEO of Broadridge Financial Solutions, Inc.
Richard J. Daly (left) with Zarb M.B.A. students Nicholas Pedraza, Himani Sharma and Samantha Sepulveda

Entrepreneur and business leader Richard J. Daly discussed his path from entrepreneur to chief executive officer during a Zarb executive speaker series event on March 18, 2009, sponsored by Zarb’s Graduate Business Career Services.

Mr. Daly is chief executive officer of Broadridge Financial Solutions, Inc. and a member of the Broadridge board of directors. He is also a member of the board of trustees of New York Institute of Technology and a founding member of the board of directors of the Make-A-Wish Foundation of Suffolk County, Inc., where he currently serves as an honorary director.

March 25, 2009: Suzanne Martin of Google

Suzanne Martin
Suzanne Martin with Zarb M.B.A. student Jason Greenberg

On March 25, 2009, Hofstra M.B.A./M.S. Marketing Association presented Suzanne Martin, manager of North American sales, training and development at Google Inc., who discussed the diverse facets of sales and marketing at Google.

Ms. Martin, who has had 10 successful years of prior work experience in sales at Pfizer Inc, gave students a unique glimpse into the challenges ahead for Google in today’s highly dynamic and technologically savvy world. Her presentation also covered the competitive advantages that help Google achieve its mission “to organize the world’s information and make it universally accessible and useful.”

March 27, 2009: Zarb School Co-Hosts Third Annual American Society for Quality Lean Six Sigma Symposium – Strategies to Achieve Successful Business Processes and Quality Improvements

Zarb’s Department of Information Technology and Quantitative Methods and The American Society for Quality (ASQ), Long Island Section, co-sponsored their third annual symposium on March 27, 2009. The symposium provided useful information on how to achieve a successful, balanced process and improve service quality using statistical methods developed by Lean Six Sigma. ASQ-certified six sigma black belts and practicing black belts shared success stories on strategies and tools used to implement LSS methodology resulting in bottom-line improvements in government, health care, process, manufacturing and service industries. Introductory remarks were made by John Affisco, Ph.D., chair of the IT/QM department and academic faculty coordinator for Zarb’s M.B.A. in quality management.

In June 2009, Dr. Affisco was honored by ASQ-LI Section for his facilitation of a strategic alliance between ASQ-LI and the Zarb School resulting in two highly successful Lean Six Sigma symposiums held at Hofstra this year.

March 31, 2009: Distinguished Lecture Series Presents Michael Dowling – “Transforming Health Care: Expectations and Reality”

Michael Dowling
Patrick Smalley, executive vice president, The Garden City Hotel; Andrew Corrado, divisional senior vice president, Nassau County,Capital One Bank; Paul Salerno, managing partner, PricewaterhouseCoopers; . Michael Dowling, president and chief executive officer, North Shore-Long Island Jewish Health System; President Rabinowitz; Charles Strain, managing partner, Farrell Fritz, P.C. and Richard Guardino, vice president and executive dean, Hofstra's Business Development Center

Hofstra President Stuart Rabinowitz and Richard Guardino, Jr., vice president for business development at the Scott Skodnek Business Development Center, presented Michael J. Dowling as keynote speaker at the distinguished lecture series breakfast. Mr. Dowling, president and CEO of North Shore-LIJ Health Systems, spoke on “Transforming Health Care: Expectations and Reality.” The distinguished lecture series breakfast is sponsored by Farrell Fritz, P.C., PriceWaterhouseCoopers, Capital One Bank, the Industrial Development Agency of the Town of Hempstead and The Garden City Hotel.

April 2009

April 1, 2009: Allen Adamson, author of Brand Digital Addresses Zarb Graduate Students

Allen Adamson
Allen Adamson

On April 1, 2009, Hofstra M.B.A./M.S. Marketing Association hosted Allen P. Adamson, the renowned author of the critically acclaimed book Brand Digital. Mr. Adamson is a marketing stalwart, who delivered an insightful presentation on how savvy marketers use digital technology to achieve smart branding. He also explained the simple ways that lead to the success of top brands in the digital world.

Mr. Adamson is currently the managing director of the New York office of Landor Associates and oversees the branding efforts of a broad spectrum of corporate and consumer brands. Some of his clients include: Kraft Foods, PepsiCo, Citibank, Pfizer, General Electric and Proctor & Gamble. He has also appeared on NBC’s Today Show, CNBC and Fox Business Network.

April 15, 2009: Susan Mboya Delivers Provost’s Annual Diversity Lecture – "Diversity in Advertising: Winning With Ethnic Consumers"

Susan Mboya
Susan Mboya

Susan A. Mboya, Ph.D., founder and executive president of Zawadi Africa Educational Fund and general manager franchise of the Coca-Cola Company, delivered the Provost’s Annual Diversity Lecture on April 15, 2009. Dr. Mboya established the Zawadi Africa Educational Fund, which provides scholarships to academically gifted girls from disadvantaged backgrounds in Africa to pursue higher education in the United States. Dr. Mboya has helped establish 25 full-time scholarships at universities, including Hofstra. Previously, she served as Proctor and Gamble’s marketing director. The lecture was part of Define ’09: New Challenges, New Solutions, a yearlong series of programs designed to examine the new presidential administration, its policies and initiatives, the challenges we currently face, and ways of addressing our country’s most pressing issues.

April 17, 2009: Zarb Students Visit Ramius LLC and Meet With Legendary Investment Banker Peter Cohen

Peter Cohen
Dean Sodano, Peter Cohen and Richard Gray; Peter Cohen surrounded by Zarb students

Zarb graduate and undergraduate students were guests at Ramius LLC, a privately owned, global alternative investment firm with approximately $11 billion under management. The group received a personal tour of their trading floor, followed by a meeting with Peter Cohen, a managing member of Ramius and the former president and CEO of Shearson American Express. A lively question-and-answer session followed where Mr. Cohen spoke candidly to students on all aspects of the financial service industry. The event was arranged by Richard Gray, director in the marketing and client service department at Ramius, who graduated with a B.B.A. from Hofstra University.

April 22, 2009: Beta Gamma Sigma Induction Ceremony

Beta Gamma Sigma Induction Ceremony
Dr. Anil Mathur; Dean Sodano with Dr. Elizabeth Venuti

The 41st annual induction ceremony of the Theta of New York Chapter of Beta Gamma Sigma, the international business honorary society, was held April 22, 2009, at the Hofstra University Club. Dean Sodano presented the Chapter Honoree Award to Dr. Anil Mathur, vice dean of the Zarb School and Brodlieb Distinguished Professor of Business and the Faculty Inductee Award to Dr. Elizabeth K. Venuti, associate professor, Department of Accounting, Taxation and Legal Studies in Business. Zarb graduate student Kunal Swani, president of the Theta chapter, presented the 2009 student members.

April 22, 2009: Dale Carnegie Presents “How to Network” to Zarb Graduate Students

Dale Carnegie
Fran Giambanco, Don Schatz and Lisa Kellerman, associate director of Graduate Business Career Services

On April 22, 2009, Zarb graduate business students had the opportunity to improve their networking skills in a seminar run by Dale Carnegie Training of Long Island. The seminar, “How to Network Your Way to Success: Selling Yourself to Potential Employers,” was sponsored by Zarb Graduate Business Career Services and was conducted by Mrs. Fran Giambanco, director of product and trainer development, and Mr. Don Schatz, president of Dale Carnegie Training of Long Island.

April 22, 2009: Zarb School Hosts Undergraduate Student Leadership Luncheon

Undergraduate Student Leadership Luncheon
Members of the Hofstra American Marketing Association

On April 22, 2009 Dean Sodano, Vice Dean Mathur and Assistant Dean Bales recognized the leadership of the executive boards of Zarb undergraduate business organizations. Student leaders shared their thoughts on ways to strengthen the business program and were presented with new Zarb t-shirts.

April 28, 2009: Zarb Professors Present Panel to Discuss “Women in Science & Business: Beyond Career Stereotypes”

Women in Science & Business: Beyond Career Stereotypes
Professor Debra Comer; Professor Martha Weisel; Professor Elizabeth Venuti; Professor Deb Sledgianowski

As part of National Equal Pay Day, Dr. Debra Comer, professor, Department of Management, Entrepreneurship and General Business and Martha Weisel, associate professor, Department of Accounting, Taxation and Legal Studies in Business, presented a panel discussion at Hofstra University that highlighted the experiences of women in typically male-dominated disciplines. Elizabeth Venuti, associate professor, Department of Accounting, Taxation and Legal Studies in Business and Deb Sledgianowski, assistant professor, Department of Information Technology and Quantitative Methods, served as panelists.

April 29, 2009: Graduate Business Career Services Industry Networking Event

On April 29, 2009, Zarb Graduate Business Career Services, Zarb Corporate Social Responsibility Association and the Black and Hispanic M.B.A./M.S. Association co-sponsored an industry networking night with Hofstra alumni. Zarb graduate business students were able to network, ask career questions, gather job hunting tips, and connect for internships with currently employed Zarb alumni from diverse industries. The following alumni participated: Celerina Christy (M.B.A. ’00), Rabobank International; Tatiana Gamarra (M.B.A. ’08), National Grid; Arasu Jambukeswaran (M.B.A ’02), United Nations Population Fund; Jay Kaplan (M.B.A. ’07), Didit.com; Ashok Kirpalani (M.B.A. ’97), Captial One Bank; Gaurav Medhekar (M.B.A. ’05), OppenheimerFunds, Inc.; Eileen Nolan (M.B.A. ’88), Nassau Educators Federal Credit Union; and Ronald La Serra (M.B.A. ’77), C.P.A. and financial planner.

April 29, 2009: Bank of New York Hosts Zarb School Alumni Networking Reception

Bank of New York Hosts Zarb School Alumni Networking Reception
Alan Kelly, vice president for development and alumni affairs, Dean Sodano and Frank Zarb

The newly reorganized Zarb School of Business Alumni Association held their kick-off event on April 29, 2009. More than 100 alumni attended and had an opportunity to hear alumnus Frank Zarb (B.B.A. ’57; M.B.A. ’62) discuss his views on the current state of the economy and the importance of alumni networking to better the reputation of the School of Business. Special thanks to host Brian Ruane (M.B.A. ’96) and Bank of New York Mellon who held the event at their New York City headquarters.

April 30, 2009: Financial Management Association Alumni Appreciation Dinner

Financial Management Association Alumni Appreciation Dinner
Past presidents of Hofstra's Financial Management Association: Adrian Ciocci, Reginald Andre, Allen Azarkian and Carissa Peluso

On April 30, 2009, the Financial Management Association (FMA), in conjunction with the Zarb School and the Department of Finance, hosted an alumni appreciation dinner. A large group of finance alumni attended and enjoyed networking with former classmates and professors. Dean Sodano gave the opening remarks. Marisa Ikeka-Iyeki (B.B.A. ’09), FMA president, presented Reginald Andre (B.B.A ’04), a former FMA president, with the Outstanding Alumni Award for his tireless efforts assisting FMA students and the Zarb School. Mr. Andre is currently an associate at Goldman Sachs.

May 2009

May 4, 2009: International Financial Reporting Standards Conference

International Financial Reporting Standards Conference
Top row from left: Wayne Kolins; Andreas Rothe; Glenn Tyranski; LisabethAnn Eisen; bottom row from left: Katherine Schipper, Robert Gannon, Joel Osnoss, Peter Bridgman

On May 4, 2009, the Zarb School, through its The Merrill Lynch Center for the Study of International Financial Services and Markets, presented a conference analyzing possible adoption of and convergence with international financial reporting standards (IFRS) in the United States. The program featured distinguished speakers with experience in IFRS policy, including: Peter Bridgman, senior vice president and controller, PepsiCo. Inc.; LizabethAnn R. Eisen, partner, Cravath, Swaine & Moore LLP; Robert Gannon, global controller, News Corporation; Joel Osnoss, partner, global IFRS and offerings services, Deloitte & Touche LLP; Andreas Rothe, global controller, Parsons Brinckerhoff; and Glenn Tyranski, senior vice president for financial compliance, New York Stock Exchange Regulation.

The conference included a breakfast discussion on “IFRS – The Path to Conversion” with Wayne Kolins, national director of assurance and the global head of audit and accounting for BDO Seidman LLP, and a luncheon discussion on the “Academic Perspective on IFRS Progress,” by Katherine Schipper, Ph.D., Thomas F. Keller Professor of Business Administration at Duke University’s Fuqua School of Business.

May 6, 2009: Nobel Laureate Dr. Robert F. Engle Receives Hofstra’s Presidential Medal

Dr. Robert F. Engle
Dr. Robert F. Engle

Robert F. Engle, Ph.D., the winner of the 2003 Nobel Prize in Economics, was awarded the Hofstra University Presidential Medal on May 6, 2009. After President Rabinowitz presented the medal, Dr. Engle spoke on “What Is Happening to Financial Market Volatility and Why,” and discussed his award-winning ARCH theory. The ceremony was co-hosted by the Zarb School, Hofstra Quants and Traders, the Global Association of Risk Professionals at Hofstra and the Hofstra Financial Management Association.

May 6, 2009: Information Technology Executive Board of Visitors Mixer

Information Technology Executive Board of Visitors Mixer
Dr. John Affisco, Alexander Pelaez, Alan Murray and David Kline

On May 6, 2009, the Zarb School’s Department of Information Technology and Quantitative Methods hosted a networking event featuring members of their executive board of visitors and their guests. The event allowed students to interact with information technology professionals and discuss career opportunities. David Kline, executive vice president and CIO, Discovery Communications, and Alan Murray, vice president of systems and resource management, Novell, were the featured speakers.

May 7, 2009: Beta Alpha Psi Spring Induction Dinner

Beta Alpha Psi Spring Induction Dinner
Beta Alpha Psi members Heather DeCarlo and Arielle Geffner

The annual spring induction dinner for Beta Alpha Psi, the national honor society for financial information professionals, was held May 7, 2009. The event was sponsored by Ernst & Young. Following remarks by Dr. Nathan Slavin, chairperson, Department of Accounting, Taxation and Legal Studies in Business, Michael Pesce, president, Delta Pi chapter, introduced the guest speaker. Jeffrey R. Hoopes (B.B.A. '75), tax partner, chief ethics and compliance officer, Ernst & Young, addressed the audience on the current state of the accounting profession. Eighteen scholarships and awards were presented, and new student inductees were introduced.

May 27, 2009: KPMG Hosts 2009 Global Issues Forum: Managing the Risks of Doing Business Globally at Hofstra

Sir David Tweedie and Henry Keizer
Sir David Tweedie and Henry Keizer

Dean Sodano and KPMG hosted the “2009 Global Issues Forum: Managing the Risks of Doing Business Globally” on May 27, 2009, at the Hofstra University Club. The forum featured a keynote discussion between Sir David Tweedie, chairman of the International Accounting Standards Board, and Henry Keizer, global head of audit, KPMG International and vice chair of audit, KPMG LLP. In addition, a four-member panel of senior-level executives explored the many challenges companies face as they look to operate and expand globally. The panel was moderated by Mark Barnes, partner, high growth markets practice, KPMG LLP and included: Brian McNally, president, Arrow Europe, Middle East, Africa and South America, Arrow Electronics Inc.; Glenn Tyranski, senior vice president, financial compliance, NYSE Regulation, Inc.; Steven Paladino, executive vice president and chief financial officer, Henry Schein, Inc. and Daniel Henry, executive vice president and chief financial officer, American Express Company. The event was broadcast live to more than 1,500 KPMG clients around the world.

June 2009

June 4, 2009: Richard Ravitch Delivers Keynote Address at Real Estate Center Luncheon

Richard Ravitch
Richard Ravitch

Richard Ravitch, principal at Ravitch, Rice & Company LLC, delivered the keynote address at the third annual scholarship luncheon sponsored by Wilbur F. Breslin Center for Real Estate Studies and the Institute of Real Estate at Hofstra University. The annual luncheon offers an opportunity for leaders within the real estate community and some of the most influential thinkers in economic development to dialogue about current trends in the field while raising funds to benefit scholarships for Hofstra students. Mr. Ravitch is chairman of the Commission on Metropolitan Transportation Authority Financing, the AFL-CIO Housing Investment Trust’s Board of Trustees and the AFL-CIO Building Investment Trust’s Advisory Board.

June 11, 2009: Institute at Hofstra: Beyond the Fiscal Crisis: How to Build Partnerships and Leverage Opportunities

President Rabinowitz and Thomas DiNapoli
President Rabinowitz and

Thomas DiNapoli

The New York State Office of the State Comptroller (OSC), in partnership with Hofstra’s Wilbur F. Breslin Center for Real Estate Studies and the National Center for Suburban Studies at Hofstra Universitysm sponsored the OSC Local Government Leadership Institute. The Institute commenced at Hofstra University for a one-day conference on June 11, 2009, involving elected officials located on Long Island. New York State Comptroller Thomas DiNapoli (B.B.A. '76) addressed the audience in the morning session. The Honorable Anthony Williams, former mayor of the District of Columbia, served as the keynote speaker. Through Mayor Williams’ keynote speech, panel discussions, and interactive case studies, the 2009 Institute focused on these topic areas: Financial and capital planning for local governments and school districts: Strategically planning for the future; Thinking regionally, acting locally: How to develop and leverage public and private partnerships to accomplish economic goals; and Municipal shared services: How do I know if entering into a shared services agreement will be cost effective?

June 18, 2009: Zarb Finance Professor Presents the Keynote Address at The Society for Financial Service Professionals

Dr. Ehsan Nikbakht
Dr. Ehsan Nikbakht

Dr. Ehsan Nikbakht, CFA, professor of finance, presented the keynote address at the annual installation dinner meeting of the Financial Service Professionals at Northport Yacht Club on June 18, 2009. The topic of his presentation was “Financial Crisis of 2007-2009 and Implications for the Future."

Achievements of Faculty and Students

Celebrating 40 Years of Accreditation by AACSB International

Celebrating 40 Years of Accreditation by AACSB International
Jerry E. Trapnell, executive vice president and chief accreditation officer, AACSB; Salvatore F. Sodano, dean, Zarb School; Richard A. Cosier, chair, Board of Directors, AACSB; Nathan Slavin, chair, Accounting, Taxation and Legal Studies in Business Department; John J. Fernandes, president and chief executive officer, AACSB and Anil Mathur, vice dean, Zarb School

In May 2009 the Zarb School was presented with a plaque at the AACSB International annual conference in recognition of our successful reaccreditation of the business school and accounting program.

Hofstra Honored by CIO Magazine With CIO 100 Award for Innovative Technology

A project giving Hofstra students virtual lab and mobile computing capabilities to access academic software from any location on campus earned the University a spot on CIO Magazine’s list of the top 100 companies that are creating new business value through technological innovations. The top CIO 100 list includes: AT&T, Dell, GE Energy, Infosys Technologies, JetBlue, Raytheon, T-Mobile, UPS, the U.S. Army Armament Research Development and Engineering Center and Wyeth Pharmaceuticals. Hofstra is one of only seven colleges and universities listed.

Dr. Ahmet Karagozoglu, Associate Professor of Finance, Named Zarb Teacher of the Year

Dr. Ahmet Karagozoglu
Dr. Ahmet Karagozoglu

Ahmet Karagozoglu, Ph.D, associate professor of finance, was voted the Frank G. Zarb School of Business 2008-2009 Teacher of the Year by graduating students. Dr. Karagozoglu also serves as the academic director of the Martin B. Greenberg Trading Room and the faculty adviser of Hofstra Quants & Traders. Additionally, he is the director of GARP, Hofstra College Chapter of the Global Association of Risk Professionals.

Dr. Karagozoglu’s teaching focuses on options and futures markets, financial modeling and risk management. Dr. Karagozoglu’s primary research interests are in the areas of futures markets, credit risk, risk management, option pricing, market microstructure and interest rate derivatives. His work has been published in the Journal of Futures Markets, Financial Review, Review of Quantitative Finance and Accounting, Journal of Fixed Income, Review of Futures Markets, International Review of Financial Analysis and the Journal of International Financial Markets, Institutions and Money.

Dean Sodano Presents Annual Faculty Research and Service Awards

Dr. Andrew Spieler
Dr. Andrew Spieler

Dr. Nathan Slavin
Dr. Nathan Slavin

At the final faculty meeting of the spring semester, Dean Sodano presented Dr. Andrew Spieler, associate professor of finance, with the Dean’s Research Award and Dr. Nathan Slavin, chairperson and professor, Department of Accounting, Taxation and Legal Studies in Business, with the Dean’s Service Award.

Zarb Finance Professor Andrew Spieler Finalist in FMA Best Paper Competition

The paper “Who Follows REITs?,” by Dr. Andrew Spieler, associate professor of finance, has been identified as a semifinalist for one of five best paper awards to be given at the 2009 FMA Annual Meeting in Reno, Nevada, this fall. Dr. Spieler’s paper provides evidence that analysts who follow REITs are primarily associated with investment banks that are active in underwriting as either full-service banks or lower-ranked syndicate banks. REIT recommendations are rarely provided by analysts that work for brokerage houses without underwriting activities and pure research houses. These findings suggest that underwriting activities are an important reason for investment banks and their analysts to issue recommendations for REITs.

Distinguished Professor Matthew Sonfield Selected as Delegate to Oxford

Professor Matthew Sonfield
Professor Matthew Sonfield

Matthew Sonfield, the Robert F. Dall Distinguished Professor in Business, was selected as Hofstra University’s 2009 delegate to Harris Manchester College’s Summer Research Institute at the University of Oxford, England. During his stay at Oxford, Dr. Sonfield will be researching the status of ethnic minority business in the United Kingdom and related government and non-government programs for business development. In addition, Dr. Sonfield’s article"First-, Second- and Third-Generation Family Businesses: A Comparison" was selected as one of the "most influential readings in the field of family business" during the 1991-2005 period. This article, co-authored with Robert Lussier of Springfield College, Massachusetts, was originally published in 2004 in the highly respected academic journal Family Business Review.

Management Professor Kaushik Sengupta Wins Best Paper Award

Professor Kaushik Sengupta
Professor Kaushik Sengupta

Companies adopting collaboration strategies with their supply chain partners should first look at the forecasting requirements for their products/services before deciding on the type of collaboration solution that is suitable for the company’s operating environment. This research on supply chain collaboration by Dr. Kaushik Sengupta, Department of Management, Entrepreneurship and General Business, won second place for the Best Paper Award at the Indian Subcontinent Decision Sciences Institute meeting in Mumbai in January 2009. The paper, "Forecasting Requirements and Their Effects on Supply Chain Collaboration Structures: Insights from Six Case Studies," and coauthored with Dr. Vish Hegde (California State University, East Bay), proposes that standard supply chain collaboration solutions available in the industry may not be suitable for all companies as the forecasting requirements for some companies are unique.

Management Professor David Flynn Named Fellow of the Pan Pacific Business Association

Management Professor David Flynn Named Fellow of the Pan Pacific Business Association
Dr. Sang Lee, president, Pan Pacific Business Association, Dr. David Flynn and Dr. Fred Luthans

Dr. David Flynn was named a fellow of the Pan Pacific Business Association (PPBA) at the organization’s 26th conference in Shenzhen, China in June 2009. The honor was bestowed by Dr. Fred Luthans of the University of Nebraska, the renown scholar of organizational behavior and international management.

Hofstra Participates in SAP University Alliance

Dr. Deb Sledgianowski, assistant professor of information technology and quantitative methods, and Brian Caligiere, Zarb School instructional technologist, represent Hofstra in the SAP University Alliance. The Zarb School is the only Long Island business school using SAP software in the classroom. This demonstrates our commitment to providing students with contemporary information technology. SAP AG is the world’s largest business software company and the third-largest software supplier overall. The SAP University Alliance provides member universities with software tools and data that facilitate the ability to show students an integrated view of the functional areas of a business and how information technology can be used to support the efficient and effective performance of business processes to achieve company goals.

Zarb Management Professors Explore Online Education

In November 2008, Debra Comer and Janet Lenaghan facilitated a panel discussion, “Distance Learning: Does the Lack of Face-to-Face Interaction Lessen the Lesson?” sponsored by the Center for Teaching and Scholarly Excellence. Invited panelist Kaushik Sengupta discussed his experience as one of Hofstra’s distance learning pioneers. In March 2009, Debra Comer, Janet Lenaghan and Kaushik Sengupta presented “You Haven’t Missed the Boat: Getting (Back) on Board to Teach On Line,” at the annual meeting of the Mid-Atlantic Organizational Behavior Teaching Conference in Philadelphia. They gave session participants pedagogical strategies and practical tips for online instruction. These three colleagues of the Zarb’s Department of Management, Entrepreneurship and General Business are currently researching characteristics that predispose students for successful online learning experiences.

Hofstra’s American Marketing Association Places Third in National Case Study Competition

Hofstra's American Marketing Association Places Third in National Case Study Competition
Members of HAMA's winning team

The Hofstra Chapter of the American Marketing Association (HAMA) recently captured third place in a national case study competition among five other finalists. The team was challenged to formulate a marketing plan for Kodak Gallery to determine what features, products, services and capabilities it would need to remain the leader in the industry. HAMA presented their case in front of a panel of judges made up of Kodak executives at the 31st Annual AMA International Collegiate Conference in New Orleans in March 2009.

To tackle the challenge, case competition members utilized the practical application of business and marketing concepts learned in the classroom. The 2009 case competition team was led by Executive Director Claudan Bermudez and was under the advisement of Dr. Rick Wilson, assistant professor of marketing and international business. Krista Darrell and Beth Lacey directed the research team. The creative team was led by Creative Director Ashton Therrien and Jaime Hoerbelt and Eric Niederman were the technical directors. Other team members included: Kenny Cheung, Kathryn Chlosta, Yulong Cui, Adera Douglas, Sweta Govani, Joey Lupo, Stephanie Moccio, Shaina Morrison and Claire White.

Zarb Graduate Students Advance to Final Round of the First ACG New York Cup Mergers & Acquisitions Competition

On April 2, 2009, the Association for Corporate Growth (ACG) New York Chapter concluded the New York ACG Cup of 2009, a case study competition designed to bring together the brightest M.B.A. students and provide them with real world experience and invaluable insights into mergers and acquisitions, investment banking, financial advisory and private equity by giving them access to the leading practitioners in those fields. The Zarb team, Johnny Chang, Jared Eckelcamp, Leah Kwartler, Sunny Raiput and Yu Li, advanced to the final round, the culmination of a series of intra-school and regional competitions. Held at the Metropolitan Club in New York, M.B.A. students representing Cornell, New York University, St. John’s, Fordham, Pace, Hofstra and Baruch presented valuation, capital markets, and mergers and acquisition strategic advice to a panel of seasoned professionals from Allied Capital, CapX Partners, Grant Thornton, Houlihan Lokey and Wasserstein & Co.

Zarb Graduate Students Participate in Derivatives Program at Rotterdam School of Management

The first group of Zarb students attended the Rotterdam School of Management (RSM) at Erasmus University in January for an intensive derivatives courses taught by RSM faculty as part of the Hofstra-RSM exchange program. They joined a group of twelve students enrolled in the Masters in Financial Management program (MFM), a one-year intensive program offered by RSM. The Rotterdam School of Management has been consistently ranked as one of the top ten MBA schools in Europe.

In 2008, eight MFM students attended a financial risk modeling course taught at the Zarb School by Professor Karagozoglu of the Finance department. The students also successfully completed their Bloomberg certification after taking the exams on Bloomberg terminals located in the Martin B. Greenberg Trading Room.

Zarb Graduate Students Participate in Derivative Program at Erasmus University
Zarb and Rotterdam School of Management students

Zarb Beta Alpha Psi Students Excel at Regional Conference in Boston

Zarb Beta Alpha Psi Students Excel at Regional Conference in Boston
Faculty advisor, Linda Schain (far right) with members of Beta Alpha Psi

In March, Zarb’s Delta Psi chapter of Beta Alpha Psi won a cash prize at the organization’s regional meeting. The students were commended for their strong relationships with many local and global accounting firms. For future sustainability, the group proposed projects that capitalize on Zarb technology, such as virtual office tours, which would allow students to conveniently visit different accounting firms.

Zarb Accounting Students Compete in First MWE Long Island College Accounting Challenge

Zarb Accounting Students Compete in First MWE Long Island College Accounting Challenge
Members of Zarb's Accounting Challenge team

Zarb School accounting students participated in the first College Accounting Challenge sponsored by the C.P.A. firm Margolin, Winer & Evens (MWE), LLP on March 25, 2009 at the C.W. Post campus of Long Island University. The quiz-show format was hosted by Jodi Applegate of NBC News. Mike Peress, MWE compliance partner and Mark Stone, president of the Nassau chapter of the New York State Society of Certified Public Accountants, acted as judges. The challenge consisted of four categories: ethics, tax, auditing and financial accounting.

Zarb Students Participate in NYSSA Investment Research Challenge

Fourteen top area business schools, including the Zarb School, competed in the Investment Research Challenge, a six-month educational initiative in which leading industry professionals teach business and finance students best practices in researching and reporting on a publicly traded company. Each student team presented written reports on the subject company, Phillips-Van Heusen. The Zarb team included: Peter Winkler, B.B.A.; Dan Hellige, B.B.A.; Brijesh Patel, M.B.A. and Tony Chan, M.B.A.. The faculty advisers were finance professors Dr. Ehsan Nikbakht, Dr. Andrew Spieler, Dr. K.G. Viswanathan and Dr. Edward Zychowicz.

Zarb’s Chapter of Beta Gamma Sigma Attends Dean’s Night
Kunal Swani and guest

Zarb’s Chapter of Beta Gamma Sigma Attends Dean’s Night

Beta Gamma Sigma alumni in NYC held their annual Dean’s Night on Thursday, May 28, 2009 at the Lubin House. Dr. George R. Burman, dean emeritus and professor of entrepreneurship at Syracuse University, was the keynote speaker. Dr. Laura Lally, faculty adviser to Hofstra’s Theta of New York chapter, presented the medallion for most outstanding graduate student to Kunal Swani, a Zarb M.B.A. student.

M.B.A. Capstone Class Completes Project for Pall Corporation

During spring 2009, M.B.A. students in Dr. James Neelankavil’s capstone class completed a consulting project for Pall Corporation, a Long Island-based, international company with more than $2 billion in annual sales. The company’s products provide continuous protection of the environment and play a key role in maintaining the ecological balance. Pall is considering entering the emissions management sector, which fits in ideally with its “protection of the environment” mission and business emphasis. Six teams of students researched the field of emissions, interviewed company executive and outside experts, conducted a market study, generated a sales forecast and developed comprehensive strategic initiatives for the company to pursue.

Class Notes


Nancy Mion (B.B.A.) of Bayport, NY has been involved with the American Association of University Women for the past 34 years and is currently the New York State public policy director. She retired 10 years ago from her position as a school librarian after 34 years of work.


Amy Maclean (B.B.A) of Canyon, California is completing her 10th year with Orange County, California’s The Prentice School as a music specialist. She is also a flute instructor at the Orange County High School of the Arts’ Fennell Wind Institute and performs professionally with the Bosendorfer Ensemble and the Orange County Wind Ensemble.


Philip Kantz (M.B.A.) of Wilmington, NC is a licensed shipmaster and retired CEO. He makes several voyages each year and recently returned from a commercial voyage aboard Matson Navigation Company’s M/V Manukai, a 38,000 ton containership.


Joseph P. Ciavarella (B.B.A.) of North Merrick, NY was appointed senior vice president and chief financial officer at AboveNet, Inc. Patrick J. Purcell (M.B.A., Honorary Degree ’92) of Boston, MA has been named the new executive chairman of Ottaway Newspapers, Inc.


Stephen Schnoor (B.B.A.) of Mechanicsburg, PA was promoted to chief financial officer of Harsco Corporation, a NYSE-listed company.


John Schnabel (M.B.A.) of Westbury, NY is a partner in a private equity firm based out of Boston and New York.


Christina Kraft (B.B.A) of Eastchester, NY is a sales counselor with The Club at Briarcliff Manor in Briarcliff Manor, NY, a luxury continuing-care retirement community now in development by Integrated Development Group, LLC.


Kathleen Stanley
Kathleen Stanley

Kathleen Stanley (B.B.A.) of Hicksville, NY was named one of the “40 Under 40” by Long Island Business News. She is currently a vice president and director of cash management for Empire National Bank.


Brad Needleman (B.B.A.) of New York, NY has been promoted to senior vice president of CB Richard Ellis in its Manhattan Brokerage.


Dammand Cherry (B.B.A.) of New York, NY is the CEO and publisher of ThePoliticus.com. The Politicus is the first fully-integrated, politically-based, user-generated social network on the web. Christopher Hecker (B.B.A.) of Rockville Center, NY was recently promoted to Assistant Import Operations Manager at Expeditors International of Washington, Inc.


Christina Spann (B.B.A) of New York, NY was recently elected second vice president/program director for the North Manhattan alumnae chapter of Delta Sigma Theta Sorority, Inc.’s 2008-2010 term.


Clinton Brown (B.B.A.) of Hicksville, NY was the keynote speaker at the 27th annual Reach for a Star spring luncheon. The event was a benefit for the children of the Henry Viscardi School at Abilities! James Salerno (B.B.A) of Huntington, NY has joined Barnum Financial Group as a financial services representative.


Justin DePhillips (B.B.A) of Moosic, PA was recently named one of the “Top 30 under 40” in the Systems Built Housing Industry by American Home Bank. The award was given on January 19, 2009 in Las Vegas, NV at the International Builders Show.