Graziadio Magazine (Third Edition)

George Graziadio:

LARGER THAN LIFE

THIRD EDITION | 2013–2014 ACADEMIC YEAR

GRAZIADIO MAGAZINE

bschool.pepperdine.edu

Enrich Student Learning

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Enhance Thought Leadership

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Cultivate Community

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Build Partnerships

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Advance Reputation

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Commemorate the Past, Plan for the FutureBy LINDA A. LIVINGSTONEDean and Professor of Management

It would be impossible for me to imagine the Graziadio School without the Education-to-Business (E2B) MBA consulting program, the Executive MBA program, and Malibu’s Drescher Graduate Campus. Each one reached an important milestone this 2013–2014 school year. These milestones remind me that when we focus on innovation and engagement, we can have an impact that touches and benefits lives for decades.

This academic year marked the E2B program’s 10th anniversary, bringing executives and students together in the classroom to solve real business issues. The program also conducted its first online MBA project with new corporate partner Sports Stocks.

marketing professor doreen Shanahan grew e2B from its roots in the marketing discipline to also include original case projects in finance, information systems, and decision science. doreen branched out internationally with Going Global with Graziadio (G3), in which student teams investigate opportunities for a company to expand into an international market. it took six years to do the first 100 projects. But, remarkably, the next 200 took only three years.

This year, full-time and fully employed graduate students engaged in real-time projects, tackling business challenges that ranged from customer retention to software commercialization and market penetration, identifying technology solutions for increasing business effectiveness, and applying advanced statistical analysis to identify customer segments. Clients included: reviewinc, Precision dynamics, Sport Stocks, marketShare, registration control Systems, GTS medical, Justfoodfordogs, VSolviT, Teleflora, netwin Solutions, Vosges haut chocolat, Upland Logic, healthyVending, Kelton, adobe, and Symantec.

executive Programs enrolled its 100th cohort of the executive mBa program. Twenty students comprise the newest emBa South class, representing companies such as Boeing, Target, and direCTV. The executive mBa and Presidents and Key executives mBa programs commemorated the milestone with a holiday gala. more than 100 students, alumni, faculty, and staff attended this festive event. alumni from as far back as the EMBA 10 cohort were in attendance, as well as faculty from the first emBa teaching teams.

in 2003, the 50-acre, five-building learning complex and executive conference center in malibu, called the drescher Graduate Campus, opened, expanding facilities for full-time graduate business students, the School of Public Policy, and Graduate School of education and Psychology. The bench and wall around the statue of school benefactor George L. Graziadio, Jr., are engraved with the names of President Gerald Ford, Betty Ford, and the many other donors recognized for their contributions to the original multimillion dollar construction fund. This year, 31 new names were added to the fountain bench and wall in recognition of generous contributions to the schools’ excellence fund.

in January, Pepperdine President andrew Benton, the Graziadio Board of Visitors, the Graziadio family, and i came together to recognize the new donors and commemorate the campus’ 10th anniversary. We were honored to have in attendance mr. Graziadio’s son Louis, his wife Beth and their two children George and marianne; son-in-law Jack area; and daughter alida and her husband and Board Chair Stevan Calvillo.

alumni, Board of Visitors members, and friends of the school and of mr. Graziadio raised $477,500 during a five-month fundraising campaign to help support the dean’s excellence Fund, enabling the school to advance strategic initiatives that include pioneering efforts in executive education, blended learning, strategic marketing, and community outreach. The contribution adds to the $2.7 million dollars already donated to the excellence fund since the opening of the drescher campus.

We owe a debt to the people who set in motion years ago the circumstances that led to e2B’s continuing success, emBa achieving its 100th cohort, and the drescher campus breaking ground. We must look ahead to how we carry forward the same passion to innovate and grow. With the 2014–2015 school year, the Graziadio School moves closer to its 50th anniversary in 2019. as a school, we must continue to customize programs and delivery mechanisms to adapt to student needs and different student populations in order for students to differentiate themselves in a competitive and changing market. We must think creatively and ensure that the education we provide is consistent with our mission, while encouraging and supporting the diverse ways students learn. We need to be thoughtful in the way the Graziadio School conducts research, teaches, and engages with the business community to create meaningful, deliberate economic and social value. We must be equally creative in how we engage students with one another and with faculty, as well as students and faculty with alumni.

abraham Lincoln once said, “The best way to predict the future is to create it.” We are creating our future at the Graziadio School. Years from today, we will look back and commemorate the future milestones we have achieved together. :.

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commemorate the Past, Plan for the futureBy LINDA A. LIVINGSTONEDean and Professor of Management

it would be impossible for me to imagine the Graziadio School without the education-to-Business (e2B) mBa consulting program, the executive mBa program, and malibu’s drescher Graduate Campus. each one reached an important milestone this 2013–2014 school year. These milestones remind me that when we focus on innovation and engagement, we can have an impact that touches and benefits lives for decades.

This academic year marked the e2B program’s 10th anniversary, bringing executives and students together in the classroom to solve real business issues. The program also conducted its first online mBa project with new corporate partner Sports Stocks.

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Table of contentsGraziadio magazine celebrates the advancement of knowledge and the development of leaders who create value for business and society.

enrich STUdenT LearninG .................................................................... 5

digital innovation mBa Concentration Prepares Tomorrow’s Business Professionals .......................................................... 5

enhance ThoUGhT LeaderShiP ............................................................ 8

Graziadio Welcomes Two new Faculty members .................................... 8

recent appointments ............................................................................. 9

awards/recognitions .............................................................................. 9

cULTiVaTe commUniTY .......................................................................... 10

George Graziadio: Larger Than Life .......................................................... 10

Linkedin for hS athletes Wins Business Plan Finals .................................. 12

awards and recognitions: 2014 George awards ........................................ 13

Signed on For excellence ........................................................................ 13

Golden Torch awards ............................................................................. 14

distinguished alumni award .................................................................. 14

honorary doctorate of Law ..................................................................... 14

2014–2015 malibu Graduate Business Society ......................................... 15

Graduation Student Speakers .................................................................. 15

BUiLd ParTnerShiPS ............................................................................... 16

digital innovation: realizing Tomorrow’s Business dreams ....................... 16

Seer Symposium: helping mBas realize a reward Greater than Profit ...... 18

adVance rePUTaTion ............................................................................ 21

23rd in Bloomberg Businessweek ............................................................ 21

Tompkins Wins Pepperdine Waves of innovation Grant ........................... 21

2013–2014 dean’s executive Leadership Series ........................................ 22

cLaSS noTeS .......................................................................................... 24

digital innovation mBa concentration Prepares Tomorrow’s Business Professionals

in an increasingly complex technological world, Pepperdine university mBa students now have a new concentration to better prepare them for a digital world. Graziadio School has added a concentration in digital innovation and information Systems (diiS) that is available to full-time and part-time mBa students.

T he new concentration differs from the traditional study of information Technology in that iT usually refers to technologies that capture, store, and

process data. diiS will cover a larger scope along with the business aspects related to the digital economy.

“The extent of use of digital technologies across most business processes and many products and services is giving rise to a critical need for professionals and managers who bring deep understanding of the opportunities for business innovation

that are enabled by digital technologies and the sophisticated managerial competencies necessary for effective planning and implementation to execute these opportunities,” says the concentration’s architect dr. John mooney, department chair and associate professor of information Systems and Technology management. “Such individuals will be best positioned for career success by acquiring a comprehensive mix of business, technology, and managerial knowledge and competencies.”

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“ Feedback from our own alumni and industry connections has verified a critical need for business professionals and managers who possess the knowledge and competencies to envision, manage, and lead initiatives that span the realms of business, IT, and innovation.”

dr. John mooneyTaB

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editor in chief:

dianne King

Executive Director,

Marketing and Communications

editor:

F. douglass Gore iii

Director, Public Relations

contributing Writer:

randall mah

Marketing Communications Specialist

design and Layout:

LightStream Group

contributing Photographers:

ron hall, Leroy hamilton, Louis Trinh

for The Graziadio SchooL

Linda a. Livingstone, Ph.d.,

Dean and Professor of Management

david m. Smith, Ph.d.,

Senior Associate Dean and

Associate Professor of Economics

John K. Paglia, Ph.d.,

Associate Dean and

Associate Professor of Finance

Gary L. mangiofico, Ph.d.,

Associate Dean and Practitioner Faculty

of Organizational Theory and Management

michael L. Williams, Ph.d.,

Associate Dean and Associate Professor

of Information Systems

Chris Bauman,

Executive Director, Administration

cover Photo:

dean Linda a. Livingstone (far left) and

Pepperdine President andrew K. Benton

(far right) with the Graziadio family; son-in-

law Stevan Calvillo, daughter alida Calvillo,

son G. Louis Graziadio, his wife Beth and

their two children George and marianne,

and son-in-law Jack area.

Photo Credit: ron hall.

Published by Graziadio School

of Business and management

© 2014 Pepperdine university

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Digital Innovation MBA Concentration Prepares Tomorrow’s Business Professionals

In an increasingly complex technological world, Pepperdine University MBA students now have a new concentration to better prepare them for a digital world. Graziadio School has added a concentration in Digital Innovation and Information Systems (DIIS) that is available to full-time and part-time MBA students.

T he new concentration differs from the traditional study of Information Technology in that IT usually refers to technologies that capture, store, and

process data. DIIS will cover a larger scope along with the business aspects related to the digital economy.

“The extent of use of digital technologies across most business processes and many products and services is giving rise to a critical need for professionals and managers who bring deep understanding of the opportunities for business innovation

that are enabled by digital technologies and the sophisticated managerial competencies necessary for effective planning and implementation to execute these opportunities,” says the concentration’s architect Dr. John Mooney, department chair and associate professor of Information Systems and Technology Management. “Such individuals will be best positioned for career success by acquiring a comprehensive mix of business, technology, and managerial knowledge and competencies.”

continued on next page…

“ Feedback from our own alumni and industry connections has verified a critical need for business professionals and managers who possess the knowledge and competencies to envision, manage, and lead initiatives that span the realms of business, IT, and innovation.”

Dr. John Mooney

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As technologies merge and change, Mooney believes the emergence of social media, smart phones and other web-connected mobile devices, and the proliferation of apps are combining to create a much broader, powerful, and more pervasive range of digital technologies. As the world enters a realm of “total digitization,” he says, the most exciting opportunities for innovating products, services, processes, and social interactions are those enabled by digital technologies, and the largest portion of economic activity will occur within the “digital economy.” Digital innovation is a term used to describe the innovation of business strategy, business models, products, services, and processes that are enabled by new and emerging technologies.

“Feedback from our own alumni and industry connections has verified a critical need for business professionals and managers who possess the knowledge and competencies to envision, manage, and lead initiatives that span the realms of business, IT, and innovation,” says Mooney. “More broadly at a national level, there are critical shortages of business and management professionals with competencies and capabilities to lead the development of the science, technology, engineering, and mathematics (STEM) sectors, to which graduates of the DIIS concentration will be well-positioned to contribute.”

All this is a definite plus for students. In the classroom (or digital classroom), students will be offered coursework ranging from business analytics and digital innovation to enterprise architecture and infrastructure management. Graduates will be uniquely qualified for a world in which every industry will be affected by digital technologies, Mooney says, including the greater Los Angeles area. :.

Team Hispanic Heritage students Jorge Arreola, Roberto Beckmann, Paul Betancourt, Jeffry Fein, and Maria Valencia took second place in the case competition sponsored by PepsiCo at the National Society of Hispanic MBAs (NSHMBA) Annual Conference and Career Expo in San Antonio.

Gary Burnison (pictured above), CEO of Korn/Ferry International and the August 2013 graduation recipient of the Honorary Doctor of Law degree, taught an advanced career seminar course for full-time MBA students with four or more years of work experience. Burnison taught 8 of the 12 sessions. The first four sessions focused on his leadership framework, while the second set engaged students in case studies requiring them to apply the leadership and functional skills they are developing.

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Pepperdine MBA students Irena Kojouharova, Tammy Billings, Xiaojing (Candy) Fan, and Ravi Gupta (pictured right) competed at the 2014 John Molson MBA International Case Competition in Montreal. “The students represented Pepperdine University well and as always genuinely benefited from the experience,” said team faculty advisor Andrea Scott.

Pepperdine University granted Gabriella Soroldoni (pictured right)

the title of Associate Dean Emeritus. She is the first person to

hold the honor. Provost Darryl Tippens said in a letter read by

Dean Linda Livingstone, “This title communicates to you and

those who know you a number of important things. It declares

that you have served our institution with distinction, it proclaims

our pride in your effective service, and it affirms that our relationship

is, indeed, lifelong.” Ms. Soroldoni served the Graziadio School for

37 years and under four deans, overseeing admission, financial

aid, student accounts, student systems, technology services,

and finance and budgeting departments for the business school.

Students Brian Harman and Toni Washington (pictured left)

are recipients of scholarships from the Council of Supply

Chain Management Professionals (CSCMP)-Southern

California Roundtable, valued at $3,000 each. Enrolled

in the part-time evening Bachelor of Science in Management

program, Mr. Harman serves as the purchasing manager

at American Landscape, Inc., a Canoga Park-based landscape

and irrigation construction firm. A student in the part-time

evening Master in Business Administration (FEMBA) program,

Ms. Washington is a sales specialist at Astra Zeneca, LLP,

the global biopharmaceutical company.

Recognizing outstanding teachers who “inspire, stimulate, challenge, and motivate their students,” this year’s Howard A. White Award for Teaching Excellence went to professors Mark Chun, Paul Gift, and Larry Cox. The award pays tribute to educators who develop in students the ability to think critically and creatively about the world, as well as instill in their students a lifelong love of learning.

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Graziadio Welcomes Two New Faculty Members

Dr. Robert Emrich

Dr. Jim Salas

The Graziadio School welcomed two new faculty members this academic year. Dr. Robert Emrich (BA ’91, MS ’98, Ed.D. ’03), who has taught at the school as a practitioner faculty member in Decision Sciences, returned as an assistant professor of Decision Sciences. Dr. Jim Salas joined the faculty as an assistant professor of Marketing.

Dr. Emrich has taught Decision Sciences since 2002, serving on faculty at Pepperdine’s undergraduate Seaver College as well as teaching at Mount St. Mary’s College and California Lutheran University. He specializes in teaching Statistics using technology-enhanced instruction. He has developed and published Microsoft Excel-based tools for easily conducting a range of statistical applications and has developed numerous manuals and workbooks for learning statistics by working with real-world data. His Excel tools have been used in higher education since 2004.

Emrich also consults as an applied statistical analyst in fields ranging from healthcare to nonprofit management. In higher education, Dr. Emrich has contributed as a statistician to numerous published research studies in fields such as health sciences, organizational behavior, and political science. His clients include executives, scholars, professors, doctoral students, and philanthropists.

He earned his Ed.D. degree and master’s degree in Philosophy of Religion from Pepperdine University.

Dr. Salas comes to Pepperdine from W.P. Carey School of Business at Arizona State University, where he taught and earned his MBA and Ph.D. in Marketing. He brings a primary research interest that focuses on the implementation of service infusion strategies among traditional industrial manufacturers and their effect on the sales organization. His graduate studies in this area were sponsored by the Center for Services Leadership at ASU, where he won several teaching awards.

Prior to ASU, Salas spent more than a decade at AT&T in corporate sales, where he held several sales management and consulting positions. He is a member of the Ph.D. Project, American Marketing Association, and Academy of Marketing Science. He has presented his work at academic conferences, and his forthcoming book “Moving from Products to Services: Transformative Changes to Achieve Success” is scheduled to be released next year. :.

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Recent Appointments

Julie Chesley, Ph.D., was named director of the Master of Science in Organization Development (M.S.O.D.) program.

John Paglia, Ph.D., associate professor of Finance and founder and past director of the Pepperdine Private Capital Markets Project, has been appointed interim associate dean with responsibility for Fully Employed Programs and the Marketing and Communication Department.

The Media and Entertainment Services Alliance (MESA), a consortium of leading industry service and technology solution providers, has appointed Demos Vardiabasis, Ph.D., to chair the newly formed MESA China Entertainment Technology Alliance, an initiative to foster connections between members, its various special interest groups, and the China Consortium of businesses.

Awards/Recognitions

Darren Good and Abraham Park were awarded Julian Virtue Professorships, supporting faculty doing values-centered research that is aligned with the mission of Pepperdine University and the Graziadio School.

Darren Good also received he Ascendant Scholar Award for his research on individual adaptability and mindfulness from the Western Academy of Management

The Denney Chair Professorship was awarded to Kevin Groves, which will provide Dr. Groves with the resources to extend his research on talent management best practices in national healthcare organizations.

Owen Hall, Jr., and Roger “Dave” McMahon were recognized with the Rothschild Applied Research Fellow Award for 2013–2014. The honor is awarded to faculty with a record of outstanding scholarship that demonstrates prestige, influence, and rigor.

Dean Linda Livingstone has been inducted into the Spears School of Business Hall of Fame and honored by her alma mater Oklahoma State University as its first-ever recipient of the Outstanding Ph.D. Award. :.

Managing Conflict in the Family Business: Understanding Challenges at the Intersection of Family and Business

Kent Rhodes & David Lansky

MBA, Master of Science in Organization Development, and doctoral programs professor Kent Rhodes

published a new book, “Managing Conflict in the Family Business: Understanding Challenges at the Intersection of Family and Business” (Palgrave Macmillan). Using a mini case study approach, Rhodes and co-author David Lansky address 12 conflicts that are common in family-owned businesses and how families can spot them and then plan for their successful and effective management in ways that simultaneously uphold the family and the business. Managing conflict is a challenge in any business setting and yet, when managed correctly, some conflicts can actually be beneficial. But knowing how to leverage conflict into an advantage is not always so immediately clear, and this is particularly true within family businesses. That’s because the dynamics that can produce conflict within a family simultaneously intersect with the challenges of owning and operating a business, potentially complicating both. Rhodes’ new book identifies “Family Business Conflict Archetypes” (patterns), “Frames,” “Roles,” and “Tactics.” They are discussed with a view toward educating readers to the common conflict cycles that families running a business can encounter. Keys to effectively managing these unique conflicts and the changes they produce are also discussed. :.

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George Graziadio:

LARGER THAN LIFE

O riginally from Vernon, Connecticut, Graziadio, the son of Italian and Irish immigrants, set out on an epic road trip across America at the age of 19 with a friend. When he reached California, he learned that he had

appendicitis. Graziadio underwent surgery but had no money to pay the doctors. Feeling both grateful and indebted, he decided to work in California until he could pay them back. It was the beginning of a phenomenal career.

Graziadio became a salesman, selling everything from insurance and TVs to cars and real estate. He made his family a big part of his entrepreneurial success. Every Sunday he would go on long drives with his wife, Reva and their three kids. Disguising it as a game, Graziadio had the kids write down phone numbers as they drove by properties that he would follow up on Monday morning.

Graziadio worked tirelessly, says Stevan Calvillo, his son-in-law and chairman of the Graziadio School Board of Visitors. Despite his continuing success, however, for many years, the Graziadios lived in a modest home in Inglewood with two bedrooms and one bathroom.

In the early 1950s, Graziadio met George Eltinge, who would become his lifelong business partner. Together, they invested in commercial real estate development, building over 100 retail centers along the West Coast, many of them for Kmart. But the “Two Georges” became better known for their second venture: Imperial Bank.

Starting in a trailer on the corner of Imperial Highway and Western Avenue in Inglewood, Imperial Bank opened in 1963 to help small and medium-sized businesses. Graziadio was frustrated with big banks because he believed they

In 1996, George L. Graziadio, Jr., gave $15 million to Pepperdine University’s business school. It was one of the largest gifts ever made to a business school at the time. His largesse helped the school significantly increase its faculty and become one of the most reputable business schools on the West Coast. To honor his generosity, the school was renamed the Graziadio School of Business and Management.

“ I don’t want to hear why we can’t do it. I want to hear how do we do this.” George L. Graziadio, Jr.

CULTIVATE COMMUNITY

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didn’t offer quality service to smaller businesses. Graziadio and Eltinge raised $1.25 million from friends, family, and supporters to launch Imperial, which would cater to small businesses.

For Graziadio and Eltinge, a bank opening had to be a spectacle. To announce Imperial’s launch, Graziadio and Eltinge hired a helicopter to drop $1 bills above the bank. At another opening, they brought a lion, the bank’s mascot.

“ He was way out of the box,” Calvillo says.

The early days, however, were challenging. “When the deposits came in, they would tie it to a paperclip and someone on the second floor would pull it up on a rope. That’s how they banked. That paperclip is now framed at the office,” Calvillo says, laughing.

As Imperial grew, it focused on industries unique to the Los Angeles

area, including entertainment, technology, healthcare, real estate, and manufacturing. In the 1990s, the bank financed four times the number of feature motion pictures than any bank in the world. Among Imperial’s clients was an early stage web platform that later became known as Yahoo!. Ultimately, Imperial grew to 15 branches in the Southland, as well as branches in Seattle, WA, Phoenix, AZ, and Raleigh. NC, and $7.4 billion in assets. It was one of the largest financial institutions in California, traded on the NYSE, and listed in the top 100 in the country.

Graziadio had a motto: Hitch your wagon to a star, and get out and push. That’s exactly what he did.

“George was probably the hardest worker that I’ve ever known,” Calvillo says. “You learn how to work when you’re around George.”

Even in his 80s, Graziadio wasn’t interested in retiring.

“He was a tall figure to begin with,” jokes Calvillo. Graziadio stood six feet tall. But he was also “bigger than life.”

Graziadio was passionate about education and philanthropy, passions that he inherited from his mother. While he considered donating to other business schools in the Southland, he ultimately chose Pepperdine because his core values aligned with the University’s, Calvillo says. Graziadio was an innovator with a creative mind and he wanted to be around bright, inspired minds who shared his approach.

“I don’t want to hear why we can’t do it. I want to hear how do we do this,” Graziadio would say.

Graziadio passed away in 2002 at age 82. Through the business school that bears his name, however, his legacy endures. :.

“ Hitch your wagon to a star, and get out and push.”George L. Graziadio, Jr.

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LinkedIn for High School Athletes Wins Business Plan Finals

Annie Macomber and Craig Montgomery

Recruiting4Me, a social network and database for young athletes seeking to connect with scouting college coaches, took first place in this year’s 10th Annual Pepperdine University Business Plan Competition finals. MBA students Annie Macomber and Craig Montgomery (with Annie’s brother John) conceived the “LinkedIn for High School Athletes” to address the pain points they experienced as accomplished athletes throughout their pre-college and university years.

“Many students want to continue to play sports in college but are unsure of the processes and procedures for recruiting,” they said. “Recruiting4Me addresses these issues by aggregating all the critical information necessary to give students the best chance of finding schools that match both their academic and athletic aspirations.”

The business plan for Shoebrick earned second place for MBA student Ara Krikorian, a startup consultant, and his wife Nairi Chopurian, a lawyer. The couple demonstrated a modular, stackable, foldable shoebox in which any number can be attached to one another and configured to accommodate one’s closet, floor space under a bed or any available shelving.

MBA students Peter Hwang and Peter Jang took third place with PLADDOW! (plah-DOW), both a mobile app that instantly connects customers to local businesses and an original exclamation you say when you have made a successful transaction using it. The communication platform enables two-way text conversation (data, not SMS) between you and like businesses in your area competing for “first mover advantage” to win you as a customer.

The Pepperdine University Business Plan Competition is made possible by the generosity of the Graziadio Family Fund, Burton Morgan Foundation, and the Pepperdine School of Law’s Palmer Center for Entrepreneurship and the Law. :.

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2014 George AwardsEach year, the George Awards honor members and partners of the Graziadio School community who exemplify integrity, stewardship, courage, and compassion, while enriching the ever-changing business world through their superior skills and entrepreneurial spirit.

AWARDS & RECOGNITIONS

Jerome Novack, Jr.Director of Clinical Engineering, Masimo CorporationFully Employed Bachelor of Science in Management Program Outstanding Student

Matthew SheridanDirector of Marketing, Meggitt Safety SystemsFully Employed MBA Program Outstanding Student

Manning ChenFull-time Master of Science in Global Business Program Outstanding Student

Brittany TakaiFull-time MBA Program Outstanding Student

Juliet IrwinFounder, Juliet Irwin Management Consulting Master of Science in Organization Development Program Outstanding Student

Nora CrivelloVice President, Westpak, Inc.Executive MBA Program Outstanding Student

Molly Moen, MBA ’01COO, Downtown Women’s CenterOutstanding Service Award

Charles Franklin, MBA ‘02Manager of Corporate Services, American Honda Motor Co., Inc.Chairman, Pepperdine Black Alumni CouncilOutstanding Alumnus

Larry Cox, Ph.D.Associate professor and Lead Faculty, EntrepreneurshipOutstanding Faculty Member

Michael SimsExecutive Officer, Corporate and External Relations Graziadio SchoolOutstanding Staff Member

(Left to right) Michael Sims, Matthew Sheridan, Nora Crivello, Manning Chen, Larry Cox, Brittany Takai, Juliet Irwin, William Bone, Molly Moen, Jerome Novak, Jr., Charles Franklin

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Golden Torch Awards

The Golden Torch Awards honors business alumni who have lent their time and expertise to facilitate the career development of students and strengthen the alumni network.

Nicole Elmes (MBA ’06) Senior Product Manager, Global Product Management & New Product StrategyThe Walt Disney Studios

Ned Downes (MBA ’09)Investment AssociateUBS Financial Services, Inc.

Leslie Paton (MBA ’04)Vice President, Sales Operations, Wonderful brands Sales and Merchandising Roll Global

Danni Sun (MBA ’99)PresidentLJC Investments Inc.

Distinguished Alumni Award

Earl Cummings (PKE MBA ’09)Chairman of the Board, BTS Team

Zack Hicks (BSM ’97) Chief Information Officer (North America); Group Vice PresidentToyota Motor Sales, USA, Inc.

David Neu (PKE MBA ’09)President, AmerisourceBergen Drug Corp.

Honorary Doctorate of LawGary BurnisonChief Executive OfficerKorn/Ferry International

Signed On For Excellence

Mary Lou Graziadio-Area and Jack Area

Alida and Stevan Calvillo

Beth and G. Louis Graziadio III

Dan and Shanna Sanders

David and Esperanza Neu

Michael W. Griffith

Earl M. Cummings

Ayloush and Ullrich Families

Gary C. Yomantas

Ali H. Alireza

David and Patricia Ralph

Lynn Powers

Todd and Nicole Mikles

William J. McMorrow Family

Chris and Dick Newman Family

Farmers Insurance Group

Eric M. Yomantas

Mark and Jennifer Miller

William and Nancy Mortensen

Kendall Hunt Family Foundation

Morteza Ejabat

Alex and Susana Fortunati

John and Rebecca Figueroa

Marcus and Nancy Hiles

John and Robin Renfro

George Leis

Graziadio School Board of Visitors

Janet L. Curci

Keith Tobias

Larry Reimert

Max and Armond Quimby

Crystal and Chip Reibel of Beyond the Olive, the Pasadena-based premium California olive oil retailer, took first place in the Inaugural Board of Visitors $100,000 Investment Challenge, in which 25 startups launched by Graziadio School entrepreneur students and alumni competed for a chance to win $1,000 and an invitation to be on KFWB 980’s Business Rockstars radio program.

Earl Cummings (PKE MBA ’09)

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Graduation Student Speakers

Arjun JollyVice President, Operations, adQuadrant Inc.Executive MBA Program

Maggie StonestreetFully Employed MBA ProgramGlobal Store Development, Starbucks Coffee Company

Rui (Alice) WanMaster of Science in Applied Finance Program

Rui (Alice) Wan

Arjun Jolly

David Neu (PKE MBA ’09)

Maggie Stonestreet

Zack Hicks (BSM ’97)

2014–2015 Malibu Graduate Business Society

Students in Full-time Programs elected new officers to the student government association, The Malibu Graduate Business Society (MGBS) for the upcoming school year. First-year MBA candidate Willis Clow succeeds Chris Rovin as president. Clow’s cabinet includes Tyler Dempsey (vice president), Amy Gubman (director of Alumni Affairs), Payden Tierney (director of Finance), Celyn Stanford (director of Communications), Stacy Yiyin Yuan (director of International Student Affairs), and Hala Hadawar (director of Student Life).

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Realizing Tomorrow’s Business Dreams

With the introduction this fall of the Digital Innovation and Information Systems (DIIS) MBA concentration at the Graziadio School, the 2013 Digital Innovation @ Pepperdine Conference, sponsored by Internap, assumed added significance. Chief information officers and executives from organizations including SpaceX, Data.gov, Disney, Sears, and Medavie Blue Cross explained not only how new technology is revolutionizing the conduct of business and enhancing the customer experience, but also the critical need to graduate business leaders who embrace digital innovation.Allen Fazio

Vice President of Global Business Technology Strategy Walt Disney Parks & Resorts

BUILD PARTNERSHIPS

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SV enky Kulkarni, chief information officer and vice president of digital health at Medavie Blue

Cross of Canada, answered the question many have been asking: What is digital innovation? Kulkarni defined digital innovation as technology-enabled innovations that drive change and create new business opportunities, forcing companies to innovate and expand into unfamiliar territory.

In this regard, Disney has taken the lead in innovating to ensure an interactive, memorable customer experience. Allen Fazio, vice president of global business technology strategy at Walt Disney Parks and Resorts, showed off brightly colored digital wristbands that give patrons instant access to places like Disneyland and their hotel rooms,

streamlining the guest experience. But what enthralled the audience was a new tool that enables visitors to create a custom plastic action figure of themselves as their favorite Disney character. Fazio himself showed off how he realized his dream of becoming a Star Wars stormtrooper.

While Star Wars remains a fantasy, SpaceX, the brainchild of Tesla’s Elon Musk, is striving to make intergalactic travel a reality. Ken Venner, SpaceX CIO, played a clip of the launch of the rocket and spacecraft developer’s Falcon 1, the first privately developed liquid-fueled rocket to reach orbit.

Perhaps at the core of digital innovation is the accessibility of information. Jeanne Holm, the U.S. White House evangelist, explained how the federal government is endeavoring to make all nonclassified data available to the public through the new open information project Data.gov. By releasing information on even the most esoteric and mundane subjects, Holm explained that Data.gov is a fount of information that can empower people to make better decisions in business and in their lives.

With the wide availability of information, however, comes risk. Demetrios (Laz) Lazarikos, a former chief information security officer and the visionary behind the information security and compliance team for the Sears Online Business Unit, explained that businesses are prime targets for cyber criminals and technology must continually evolve to protect against them.

Concluding a day of wide-ranging discussion, Graziadio School alumni Sashi Edupuganti, director of software solutions at NBCUniversal; Brooke Aguilar, vice president of global business development at Fluid, Inc.; Ted Hooten, senior sales leader at Internap; and Pandora Ovanessian, former vice president of management information systems at Thermo Fisher Scientific, urged business students to reexamine their goals and to put into practice the concepts of digital innovation to create new opportunities. :.

Jeanne Holm

Venky Kulkarni CIO and VP, Medavie Blue Cross of Canada

Ken Venner SpaceX CIO

Demetrios Lazarikos

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Pepperdine business students know even before classes begin that the university seeks to mold them into leaders whose entrepreneurial spirits will make the world more compassionate, ethical, and prosperous. The 2013 Socially, Environmentally, and Ethically Responsible (SEER) Symposium on November 8 demonstrated how Pepperdine alumni and other business leaders are living this mission. Founders and executives from Patagonia, Clover Food Lab, ecoATM, Aveda, Guayaki, and Odwalla shared how, by establishing businesses on principles bigger than the bottom line, they’ve built thriving enterprises that leave the world better than they found it.

SEER Symposium: Helping MBAs Realize the Rewards of Doing Good

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Ayr Muir Founder and CEO Clover Food Lab

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C iting Boston mayor Thomas Menino, Ayr Muir, the founder and CEO of Cambridge, Massachusetts-based Clover Food Lab, knows many people simply can’t stomach going meatless. Menino unsuccessfully tried to avoid

eating Clover’s BLT upon learning it is in fact made with soy. But with livestock a major contributor to greenhouse gas emissions, Muir discovered a golden opportunity. By offering quality vegetarian cuisine that people actually find tasty and paying living wages, he is convincing one diner at a time to make healthier, sustainable choices, while growing a business aligned with his values. Muir’s proof: Menino enthusiastically finished his BLT.

“Leading with the environment” inspired Guayaki Yerba Mate cofounder and CEO Chris Mann and Odwalla founder and former CEO Greg Steltenpohl to embark on ventures that merge passion and purpose. Business, Steltenpohl said, must be “connected to purpose, that coupling,” to thrive. Consequently, Steltenpohl, now CEO of Califia Farms, has worked to ensure his products’ ingredients are free trade. Similarly, Mann has brought the economic benefits of yerba mate to indigenous peoples by growing it organically in South American rainforests. While they want to build billion-dollar businesses, Mann said, that has never been their motivation.

By introducing groundbreaking, fully automated kiosks that enable consumers to get cash for their old cell phones, ecoATM founder Mark Bowles is convincing people otherwise indifferent to sustainability to recycle. Using artificial intelligence that scans and determines the value of a cell phone, ecoATM operates 900 kiosks nationwide and has collected 2 million phones, 60 percent of which are ultimately reused. While customers may not necessarily be motivated by sustainability, Bowles explained that a far-fetched business idea can alter people’s mindsets while being profitable and purpose-driven.

Young people’s boundless idealism and embrace of unconventional thinking is empowering the next generation to find solutions to today’s problems, according to Ankur Jain, a 23-year-old serial entrepreneur. The founder of the Kairos Society, a nonprofit that encourages young people to use innovation and entrepreneurship to transform the world, Jain urged his peers to uncover new opportunities and to be the societal disruptors who embody the change they seek.

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2 millionecoATM operates 900 kiosks nationwide and has collected 2 million phones, 60 percent of which are ultimately reused.

Ankur Jain, Kairos Society founder

Chris Mann, Cofounder and CEO, Guayaki Yerba Mate Greg Steltenpohl, Founder and former CEO, Odwalla

Mark Bowles ecoATM founder (pictured right)

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Rick Ridgeway proves that youthful idealism refines with age. The vice president of environmental affairs at Patagonia was among the first team of Americans to ascend K2 in 1978. Ridgeway, however, stopped mountain climbing for years after a close friend died in his arms following an avalanche on a peak in China.

In tragedy, Ridgeway ultimately realized that each person has the power to be the change the world needs. At Patagonia, he forged a partnership with Walmart to create the Sustainable Apparel Coalition. The organization has brought together other clothing giants like Levi’s, Nike, Gap, and Adidas to impose meaningful industry standards that minimize the environmental harm of manufacturing, while positively impacting all communities affected. To students skeptical of mission-driven enterprise, Ridgeway was emphatic: You choose your employer and if it values profits above purpose, take a hike in your Patagonia shoes.

Recounting a childhood of abuse in Hong Kong, Marilyn Tam and her immigrant story of the American dream remind naysayers that it is possible to channel a personal mission into results. Tam was a child laborer. Later, as president of Reebok Apparel and Retail Group, Tam, a former CEO of Aveda, used her influence to compel manufacturers to meet codes of conduct.

Business, these leaders insist, can and must provide rewards more meaningful than profit.

“You do this because it’s right to do, and it might be good for your business,” Tam said. “Live by your convictions.” :.

Rick Ridgeway, the vice president of environmental affairs at Patagonia was among the first team of Americans to ascend K2 in 1978.

“ Live by your convictions.”Marilyn Tam

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Tompkins Wins Pepperdine Waves of Innovation Grant

23rd in Bloomberg BusinessweekGraziadio School placed 23rd internationally In Bloomberg Businessweek ’s biennial ranking of the best executive MBA programs, advancing eight spots. In one component of the overall ranking, a poll of 2013 program graduates, Graziadio ranked #17 in the category, as well as received an “A+” for curriculum and “A” for academic support.

The Fully Employed MBA program earned 12th place for the Western region and 50th place overall in the United States. Graduates surveyed awarded the Graziadio School 15th place nationally for the degree delivering a positive post-MBA outcome. U.S. News & World Report continues to recognize Pepperdine MBA programs nationally among best business schools, advancing the Full-time MBA program 20 places for 2015.

A+“A+” for curriculum and “A” for academic support.

Dr. Teri Tompkins with University President Andrew K. Benton.

ADVANCE REPUTATION

Dr. Teri Tompkins is one of six finalists to receive the first annual Waves of Innovation Award in the University wide initiative created to inspire, engage, and motivate faculty, staff, and students to re-think Pepperdine and share innovative proposals that might help shape a more agile and sustainable future for the institution. Tompkins was awarded an $83,000 grant for a proposal to study how the Graziadio School can create a next-generation Executive MBA program that allows students from other parts of the country (and outside the United States) to attend Pepperdine EMBA classes, and allows traditional EMBA students greater opportunities to take emphasis courses.

The Waves of Innovation Committee and University President Andrew Benton reviewed the submissions and narrowed the field to eight semi-finalists, whose proposals were evaluated on their potential to increase the net resources available to support Pepperdine and/or to improve the University’s reputation.

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2013–2014 DEAN’S EXECUTIVE LEADERSHIP SERIES

Russell GoldsmithChairman and CEOCity National Bank

Liam McGeeChairman, President and CEOThe Hartford Financial Services Group

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2013–2014 DEAN’S EXECUTIVE LEADERSHIP SERIES

Richard Cordova, President and CEO, Children’s Hospital Los Angeles (pictured above)

Mr. Cordova engaged a panel of his peers in a discussion about what healthcare looks like in 2014, moderated by Dean Linda Livingstone, that included David T. Feinberg, MD, MPH, Chief Executive Officer, Hospital System Associate Vice Chancellor, UCLA Medical Center, Santa Monica, and Arthur M. Southam, MD, MBA, MPH, Executive Vice President, Health Plan Operations, Kaiser Permanente.

Russell GoldsmithChairman and CEOCity National Bank

Rob Moore, Vice ChairmanParamount Pictures

Maria PoveromoSenior Director of Social

Media, Analyst Relations and Public Relations

Adobe

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2013–2011

Saif Abood (MBA ’13) joined Accenture as a global sales consultant.

Monica Aguilera (MBA ’10) has been appointed as a vice president, HNW lending advisor at Morgan Stanley.

Dave Denicke (MBA ‘12) was named an associate marketing manager at Mattel.

Owen Eagan (EMBA ’10) is now a senior consultant for the Saint Consulting Group and teaches at Emerson College.

Jens Eser (MBA ‘13) founded Surf2o, which provides innovative, body-attached, hands-free hydration systems for action and water sports enthusiasts.

Ryan French (IMBA ‘13) co-founded and launched FISH&CO., a fish retail and business consulting service in Oman.

Miying (Sarah) Li (MSAF ‘13) joined NBCUniversal as a data management coordinator.

Shandell Maxwell (BSM ’10) joined Allied American University as an institutional research analyst.

Eugene T. Miller (MBA ‘11) is a product manager at Turner Sports in Atlanta, Georgia.

Ashley Murphy (MBA ’10) has accepted the position of director, corporate development at the Make A Wish Foundation.

Diane Olmstead (PKE MBA ‘11) has been appointed to the Extra Space Storage Inc. board of directors.

Yoann Pinet (MBA ‘11) is a financial control project manager at Orange Communications in Lausanne, Switzerland.

Audra Quinn (MBA ’13) raised more $25,000 to produce her Pepperdine University Business Plan Competition-winning wine-tasting board game UNCORKED!.

Stephanie Rodgers (EMBA ’11) has been named regional director for Executive Programs at the Graziadio School in Northern California.

Hang Tian (MSAF ‘12) was named a managing partner at the New York Immigration Service.

Chris Tolan (MBA ‘12) has been promoted to research manager at Lieberman Research Worldwide.

Adriana Velasco (MBA ‘12) was recently hired as a marketing manager at Sony Pictures Entertainment.

Sarah Weaver (MBA ‘12) was recently appointed human resources manager at Microsoft.

Hang Zhou (MSGB ’13) joined Kamerycah, Inc. (DBA Kanefuku America) as an international marketing specialist for the Southeast Asian market.

2000s

Tom Boobar (MBA ’04) has joined Alliant Insurance Services as vice president of its Public Entity Group.

Angela Copeland (MBA ’05) published the e-book “Breaking the Rules and Getting the Job.”

Augusta Gohil (EMBA ’07) joined Closets By Design as the director of marketing.

Radek Havlin (MBA ’09) was named a senior vice president and senior sales consultant at Citi in Singapore.

Michael Lydon (PKE ’09) has been named vice president of technology operations for lynda.com.

Class Notes

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Shahin Ourian (MBA ’09) was recently appointed as a senior account executive for new business at Edelman Digital.

Donovan Pullen (PKE ’02) has been appointed chief operating officer at agrochemical solutions company ORO AGRI.

Salik (Sal) Rahman (PKE ’06) has accepted a new leadership role, vice president of sales at Learning.com.

Donald Romano (MBA ’02) joined Hyundai Auto Canada Corp. as its chief operating officer.

Anthony Squegila (PKE ’01) has been appointed chief financial officer of Boston Therapeutics.

Susan Sutherland (MSOD ’00), who serves as senior vice president, human resources and statistics, and director of the Office of Diversity & Inclusion at the Federal Reserve Bank of San Francisco, expanded her responsibilities to include oversight of the Seattle Branch Office and its board of directors.

Jake Wall (MBA ’08), co-founder of Artful Gentleman, was named the readers’ choice for the 7×7 Hot 20 San Franciscans for 2013.

Francisco Uribe (EMBA ’04) has been appointed by Valley Presbyterian Hospital to its board of directors.

1990s

Patrick Avery (PKE ’96) was appointed chief executive officer, president, chief financial officer, treasurer, director, and chairman of the board of directors at Silver Horn Mining Ltd.

Shirley Huang Batman (EMBA ’99) was named chief financial officer at Crown Marketing Pharmaceuticals.

Jeff Greenberg (EMBA ’90) has been appointed to the board of directors at international manufacturer Premier Mounts.

Eric Guempel (MBA ’95) was named vice president of product strategy and program management at ImmunoGen, Inc.

Dawna Lee Heising (MBA ’94) won Best Actress at the 2014 Mockfest Film Festival and a 2013 Entrepreneurs on the Move (EOTM) Award for Outstanding Talk Show Host for her Eye on Entertainment television show on Time Warner Cable.

Robin Washington (EMBA ’95) was promoted to executive vice president at biopharmaceutical company Gilead Sciences.

Eric Wikramanayake (MBA ’98) was appointed deputy chairman and executive director of Lanka Century Investments PLC.

1980s

June Bower (MBA ’81) was appointed chief marketing officer of iPass, Inc., the global Wi-Fi roaming leader for enterprises and telecom service providers.

Chin Hua Loh (PKE ’89), CFO and CEO-designate of Keppel Corporation, was named chairman of the board of Keppel Land Limited.

David Clementz (EMBA ’80) has been appointed by Boopsie, Inc., the leading mobile app platform for libraries, to its advisory board.

Rick Grbavac (MBA/MPP ’85) co-authored a new book, The Star Factor: Discover What Your Top Performers Do Differently and Inspire a New Level of Greatness in All (AMACOM, 2013).

Deborah Harvey (MBA ’83) recently joined TSI Semiconductors, LLC.

Susanna Kass (MBA ’88) was named the first entrepreneur-in-residence at New Mexico State University.

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Class Notes In Memoriam

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Roy Musgrove (PKE ’88) joined Wells Fargo Insurance as senior vice president with its local Property and Casualty practice.

Daniel W. Yohannes (MBA ’80) was nominated by President Obama to serve as the representative of the United States to the Organization for Economic Cooperation and Development, a position with the rank of ambassador.

1970s

Ben Carlsen (EMBA ’78) released a new book, “Out to Get You”, a scathing critique of the U.S. government.

Chong Guk (C. G.) Kum (MBA ’79) was recently appointed president and chief executive officer of Hanmi Financial Corporation in Los Angeles.

John Jordan (BS/MBA ‘70) has been appointed chief financial officer at Cardinal Energy Group, Inc.

Ralph Montelius (PKE ’87) passed away on February 14, 2014, and was interred with full military honors at the Sacramento Valley National Cemetery.

John Philip Reberger, Jr. (MBA ’13) passed away Saturday, February 8, 2014, of a sudden heart attack near his home in Los Angeles.

To find more alumni class notes, visit the “Alumni Awards and Recognition” section at bschool.pepperdine.edu/alumni.

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STAY CONNECTED

Social Graziadio

Facebookfacebook.com/pepperdine.graziadio

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Publications and Website

News & Eventsbschool.pepperdine.edu/newsroom

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Graziadio Voicebschool.pepperdine.edu/voice

Centers of Excellence

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Destinations

Graziadio Alumni Networkbschool.pepperdine.edu/alumni/

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