We are dedicated to producing highly-desired graduates and generating knowledge that drives industry thought and practice. To be among the elite public business schools in the U.S. OUR MISSION OUR VISION T HE S HAREHOLDER DEAN’S REPORT 2014-2015
We are dedicated to producing highly-desired
graduates and generating knowledge that drives
industry thought and practice.
To be among the elite public business schools in the U.S.
OUR MISSION
OUR VISION
The Shar eholderD E A N ’S R EP O RT 2014 -2015
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In 2012, with careful consideration of a milestone in the college’s history, faculty and staff (with input from many stakeholders) worked together to write a new strategic plan. The results of their work, entitled “Auburn Business @ 50,” challenged us to take some new approaches and develop the capacity to accomplish things that once seemed unattainable.
We haven’t yet crossed all of the more than 100 action items off of our To Do list, but we are proud of the progress we have made as we draw closer to the college’s 50th anniversary in 2017. There has been an incredible amount of change in a short time, thanks to the transformational gift in 2013 that led to our reintroduction as the Harbert College of Business and the generosity of so many others who viewed our academic programs, faculty research, and students as investments with incredible potential for return. You will see evidence of our progress on the pages of this annual report, but we are excited about some additional changes on the horizon.
We continue our search for a select group of faculty to fill eminent scholar and endowed chair positions in business analytics, finance, and supply chain. From our perspective, it is crucial to find scholars and researchers whose talents align with our future vision. This year, we will launch a new supply chain research center and are in the process of developing a new research center devoted to investments and wealth management.
Recently, our online graduate programs – both the MBA and non-MBA (Master of Accountancy, M.S. in Finance, M.S. in Information Systems) – earned Top 10 national rankings from U.S. News & World Report. We have long been known as innovators in online education and continue to identify new ways to serve students and meet industry needs. We launched the university’s first online undergraduate degree program – a BSBA in accounting for second degree-seeking professionals – earlier this year and plan to begin offering a new online undergraduate degree in business administration in the fall. We are also exploring ways to offer quality graduate programming for non-business undergraduates. This year, we expect to introduce the MBA+, which will enable graduates from engineering, human sciences, and other disciplines to develop a strong business foundation.
These initiatives, which will help the college be even stronger in its next 50 years than it was in its first half-century, are possible because of your support. We are deeply appreciative of your willingness to invest in the college’s programs and people.
Thank you and War Eagle!
Bill C. Hardgrave, Ph.D. Dean and Wells Fargo Professor Raymond J. Harbert College of Business
FROM THE DESK OF DEAN BILL HARDGRAVE
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PUTTING THE HARBERT GIFT TO WORK Raymond J. Harbert `82,
Chairman and CEO of Harbert Management Corporation, made
what he described as “an investment in the College of Business’ future” with his $40 million commitment in June 2013. His pledge includes two components – an outright gift of $25 million and a “challenge match” gift of
$15 million.
$25M GIFT IMPACT TO DATE:
✓ Dr. Glenn Richey will join our faculty as the Harbert Eminent Scholar Chair in Supply Chain in May 2015
✓�Currently searching for two additional Eminent Scholar Chairs in Finance and Business Analytics to join our faculty in 2015
✓ PhD program in Finance launched in Fall 2014 with 7 students in inaugural class
✓ Plans designed for new Supply Chain Research Center at college
72% of the challenge match funds secured as of 1.31.15, totaling
$10.7Mgen•er•ousadj. 1. consistently giving or sharing; unselfish
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HARBERT MATCHING INVESTMENTS
EMINENT SCHOLAR CHAIRSBob and Julie BroadwayDavid and Terri LuckMike and Jane McLain
ENDOWED CHAIRSJim and Mary Ann BenoskiRennie Bickerstaff Kerry and Laura BradleyGaines Lanier
PROFESSORSHIPSJames Lowder & the JK Lowder FoundationMartha and Allen Reed
FELLOWSHIPS AND PHD PROGRAMSFred Blatchford Roger and Donna Champion
FUNDS FOR EXCELLENCE Bill and Beth AllenAnonymousWhitfield and Katie AtheyChris and Melissa BakerSteve Baum Michael and Michelle BenoskiDave BleschBobby and Cindy BowersTony and Sue BrillPat BrumfieldLaurie DasherDan and Regan DavidsonBob and Martha DumasDee and Ann DuncanMike EckardFastenalMark and Addie Marie ForchetteAmanda and Jeff FosterWayne GrantBertha and Jim Hoskins Tommy and Suzanne InzinaWilliam R. Ireland, Jr. FamilyPaul and Mara JacobsonJim JagerPatrick Klesius Benny and Lynn LaRussaJim and Susan McKeeTommy MorganBobby and Angela North Tim and Mindy O’NeillAllison O’SullivanEarl and Melinda Parsons
Laura PattersonLarry and Margaret QuimbyTodd ReavesJay RobbinsGraham and Carla RobertsCindy and Rick RogersRick and Carolyn SalanitriJenny and Will StegallRick UsseryDennis and Beth WeeseKelly WilliamsBiff and Ellen WoodruffYou Might Be for Auburn Foundation
PROGRAM AND DEPARTMENTAL SUPPORTPat and Bruce BlankenshipLee and Amy BurlesonBrian CaseyChurch Transportation & Logistics Deloitte Employee Contributions and Matching GiftsErnst & Young Employee Contributions and
Matching GiftsWarren and Kimberly JollyAmy and Pat JonesWalt and Alicia Conn and KPMG Partner/
Employee ContributionsMelissa Love-Greenfield and Kevin GreenfieldBuddy and Jean MetcalfPhysicians Executive MBA (PEMBA) Class of 2014PwC Employee Contributions and Matching GiftsRegions BankJohn and Ann Roth honoring John P. and Laura J. RothKevin Stacker
INTERNSHIPSNick DavisPrice and Meg HightowerReagan, Jordan and Alex JagerGary MartinWendy S. Wilson
STUDY ABROAD INITIATIVESMarge and Lou BifanoSteve and Lily BrothertonBecky DunnWayne and Anna HarrisKay and Burke JonesJane DiFolco Parker and William L. ParkerRon SandersTodd and Kelley Slappey Daniel and Kathy WhiteDeeDee and Dennis Wilson
Harbert’s commitment includes a $15 million matching gift challenge inspiring other graduates and friends of the Harbert College to help it build momentum as the university publicly launches its next comprehensive campaign. This list reflects gifts and commitments through January 31, 2015.
GIFTS & COMMITMENTS TO HARBERT COLLEGE IN 2014
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ANNUAL ENDOWED TOTAL
STUDENT SUPPORT $ 147,538 $ 5,226,091 $ 5,373,629
FACULTY SUPPORT $ 12,478 $ 2,679,848 $ 2,692,326
PROGRAM SUPPORT $ 2,382,160 $ 4,389,796 $ 6,771,956
FACILITIES SUPPORT $ 25,000 $ 0 $ 25,000
TOTAL PHILANTHROPIC $ 2,567,176 $ 12,295,735 $ 14,862,911 SUPPORT
FACULTY SUPPORT
PROGRAM SUPPORT
STUDENT SUPPORT
FACILITIES SUPPORT
36%
46%
18% 1%LESS THAN
GIFTS AND COMMITMENTS JANUARY 1, 2014 THROUGH
DECEMBER 31, 2014
OPERATING BUDGET $34.4 MILLION
= $17 Million; 49%
= $13.8 Million; 40%
= $3.6 Million; 11%
State and Tuition Appropriations
Professional Fees, Executive Programs, Distance Education
Philanthropic Giving, Endowment Distributions, Contracts/Grants
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DONORS BY TYPE
INDIVIDUALS $ 11,573,701 78%
CORPORATIONS $ 1,958,821 13%
FOUNDATIONS $ 896,650 6%
OTHER $ 433,737 3%
TOTAL $ 14,862,909 100%
INDIVIDUALS
CORPORATIONSFOUNDATIONS
OTHER
78%
13% 6%
3%
“Best Executive Remote Learning Program in North America,” European CEO Magazine
No. 2 among “MBAs with the Most Financial Value at Graduation,” U.S. News & World Report
No. 3 among “Best Online MBA Programs,” Affordable Colleges Foundation
No. 5 online accounting master’s degree programs, Accounting Degree Review
No. 6 online graduate programs (non-MBA), U.S. News & World Report
No. 7 among top undergraduate programs for supply chain technology education, Software Advice
No. 8 undergraduate supply chain program, Gartner
No. 10 among public MBA programs for mid-career salaries, PayScale
No. 10 best online MBA programs, U.S. News & World Report
No. 13 Physicians Executive MBA program, Modern Healthcare
No. 20 online MBA program, Poets & Quants
No. 20 Master of Real Estate Development program in U.S., Eduniversal
No. 27 public university MBA program, Forbes Magazine
No. 31 public university undergraduate program, U.S. News & World Report
No. 35 public university undergraduate program, Poets & Quants
ACCOLADES
43,000
4,337
3,722
615
343
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Harbert College faculty and
students appeared in the media more than 260
times in 2014, including coverage from such outlets as The Birmingham Business Journal, Business Alabama,
Financial Times, Forbes, MoneyNews.com, RFID Journal,
USA Today and The Wall Street Journal.
POINTS OF INTEREST
43,000
4,337
3,722
615
343
179
20
26.1
75
alumni worldwide
students enrolled Fall 2014
undergraduate students enrolled Fall 2014
graduate students enrolled Fall 2014
scholarships and fellowships awarded to students in 2014
business students enrolled in Auburn’s
Honors College
visiting/part-time faculty
average ACT score in Fall
2014 freshman business students
tenure-track faculty members
DID YOU KNOW?Graduates of the Harbert College MBA program can expect to more than double their salaries by
the midpoint of their careers. PayScale’s 2014-2015 College Salary Report found that Harbert College MBA graduates earn an average mid-career salary of $132,200, representing a 55 percent increase over
their starting salary. Auburn ranked 10th nationally among public university MBA programs and 32nd
overall in PayScale’s survey.
The School of Accountancy launched Auburn University’s
first online undergraduate degree program in January
2015. The program is designed for degree-holding individuals
interested in professional reinvention.
Business students accounted for 30 percent of all Auburn University students studying
abroad in the last academic year. Their travels have taken them to China, Czech Republic,
England, France, Germany, Hungary, Ireland, Japan, Poland, South Korea, Spain and
Switzerland.
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Azeem Ahmed, a 2014 finance
graduate, was one of two Rhodes Scholarship finalists from Auburn University. Ahmed
earned the Worldwide Clinton Hunger Leadership Award and Auburn University’s President’s Award
in 2014 for his work with the university’s War on
Hunger Initiative.
574 graduate
524 graduate
574 graduate
615 graduate
578 graduate
3,264 undergraduate
3,399 undergraduate
3,087 undergraduate
3,722 undergraduate
3,230 undergraduate
2012
2013
2010
2014
2011
study abroad programs
ENROLLMENTBY GENDER
65.3% 34.7%
Management professor Brian Connelly was one
of three recipients of the 2014 Auburn University Undergraduate Teaching Excellence Award, while
colleague Bill Sauser received the 2014 Algernon Sydney Sullivan Award
for his “unsurpassed humanitarian leadership and contributions to
the community.”
Nearly 120 Harbert College students are Auburn University
student-athletes, including such standouts as SEC Cross Country Scholar-Athlete of the Year Ty McCormack,
Auburn football tight end C.J. Uzomah, women’s basketball starter Khady Dieng and all-
SEC equestrian rider Katsy Leeman.
CPA EXAM
SECTION
FAR
AUD
REG
BEC
93%*
80%*
85%*
95%*
44%**
48%**
52%**
59%**
AUBURN MAcc PROGRAM
CLASS OF 2014 CPA PASS RATES
NATIONAL PERCENT PASSING AVERAGE
FIRST-TIME CANDIDATES REPEAT AND FIRST-TIME CANDIDATES
* Source: Students’ Official CPA Exam Score Reports on first attempt. ** Source: The National Percent Passing rates for the 1st and 2nd Quarters of 2014 were obtained from Lamar Harris, Executive Director of the Alabama State Board of Public Accountancy. The Auburn MAcc students sat for FAR and AUD during the first quarter of 2014, and they sat for REG and BEC during the second quarter.
FAR = Financial Accounting & Reporting
AUD = Auditing & AttestationREG = RegulationBEC = Business Environment &
Concepts
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BY MAJOR
ACCOUNTING
AVIATION MANAGEMENT BUSINESS ADMINISTRATION
42344 155
BUSINESS ANALYTICS
11
50
ENTREPRENEURSHIP & FAMILY BUSINESS
335
FINANCE
40FLIGHT EDUCATION
INTERNATIONAL BUSINESS
MANAGEMENT INFORMATION SYSTEMS
MARKETING
MANAGEMENT
SUPPLY CHAIN MANAGEMENT
71
65
252
97
257PRE-BUSINESS
1,922
13
1312
7undergraduate
programs
study abroad programs
business minors
graduate programs
DID YOU KNOW?Our students care about serving the community.
More than 250 managerial accounting students offered financial literacy tips for local middle school students as part of “The Benjamin
Bash” in October 2014. A group of Advanced Business Finance students served as IRS Volunteer Tax
Preparers in 2014, helping nearly 100 low-income working families receive more than $200,000 in tax
refunds while saving them more than $30,000 in commercial tax preparation fees.
UNDERGRADUATE
GRADUATE
253
MASTER OF BUSINESS ADMINISTRATION
116113
EXECUTIVE MBA MASTER OF ACCOUNTANCY
43
PHYSICIANS EXECUTIVE MBA
PH.D. IN BUSINESS
MASTER OF SCIENCE IN INFORMATION SYSTEMS
32
48
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MASTER OF SCIENCE IN FINANCE
DID YOU KNOW?
Business students are required to wait until their
sophomore year to declare their major upon completion of prerequisite core business
courses which prepare students to chose a major that best fits their interests and aptitude.
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ENGAGED SCHOLARSHIP
170 MALE
173 FEMALE
SCHOLARSHIP RECIPIENTS:
RECIPIENTS BY STATE:
Due to new privacy laws, we are no longer able to provide a printed listing of scholarship recipients and their hometowns. Scholarship donors will receive a report from the Auburn University Foundation with their recipient’s name and information.
343
ALABAMA: 200
GEORGIA: 38
FLORIDA: 24
TENNESSEE: 21
TEXAS: 23
OTHER: 37
SCHOLARSHIP CELEBRATION
SEPTEMBER 26, 2014
Students and donors enjoyed a meet and greet Q&A dinner
at The Hotel at Auburn University.
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The top 5% of Harbert College students have a GPA of
3.90 or greater
More than 25% of students have a GPA of
3.36 or higher
71 students have 4.0 GPAs
343 scholarships awarded
More than $500K in scholarships awarded
Average award $1,457
10% of business students received scholarships
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FACULTYDEANS AND ADMINISTRATION
Norman Godwin, Associate Dean for Academic Affairs
Joe Hanna, Associate Dean Research & Outreach Regions Bank Professor
Bill Hardgrave, Dean Wells Fargo Professor
Stan Harris, Associate Dean for Graduate & International Programs Torchmark Professor
DEPARTMENT OF AVIATION AND SUPPLY CHAIN MANAGEMENT
Terry Byrd, Professor Bennie M. Bray Distinguished Professor
James Birdsong, Lecturer
Casey Cegielski, Professor
Cliff Defee, Associate Professor EBSCO Industries, Inc. Professor
Nelson Ford, Associate Professor
Brian Gibson, Professor Wilson Family Professor
Marcia Gibson, Coordinator, SCM Professional Experience Program
Dianne Hall, Professor
Rafay Ishfaq, Assistant Professor
Kang Lee, Assistant Professor
Larry Magness, Visiting Assistant Professor
Thomas Marshall, Associate Professor
Amit Mitra, Professor
Gary Page, Lecturer
Kelly Rainer, Professor George Phillips Privett Professor
Dheeraj Raju, Assistant Professor
Shashank Rao, Assistant Professor Jim W. Thompson Professor
Chetan Sankar, Professor Harbert College of Business Advisory Council Professor
Pallavi Sawant, Visiting Assistant Professor
Frances Svyantek, Lecturer
Paul Swamidass, Professor
Stephen Swartz, Assistant Professor
Carl Thompson, Instructor
H. Earle Thompson, Instructor
Dale Watson, Instructor
Pei Xu, Assistant Professor
SCHOOL OF ACCOUNTANCY
Duane Brandon, Professor Charles McKenzie Taylor Jr. Professor
Robert Cochran, Lecturer
Jennifer Cornett, Lecturer
Travis Holt, Assistant Professor
Kerry Inger, Assistant Professor
Jefferson Jones, Associate Professor
Kimberly Key, Associate Professor PricewaterhouseCoopers, LLP Associate Professor
Colby Lakas, Assistant Director of Graduate Programs, Internship/Recruiting Coordinator
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James H. Long, Assistant Professor
Tina Loraas, Associate Professor Charles McKenzie Taylor Jr. Associate Professor
Andrew McLelland, Associate Professor
Lisa Miller, Lecturer
Jennifer Mueller-Phillips, Professor KPMG Professor
Amy Murphy, Director of Graduate Programs
Larry Quimby, Instructor
DeWayne L. Searcy, Associate Professor & Director C.G. Mills Faculty Fellow
Talitha Smith, Instructor
Jonathan Stanley, Associate Professor
Sarah Dunn Stanwick, Associate Professor
Brian Vansant, Assistant Professor
Therese Viscellli, Visiting Assistant Professor
DEPARTMENT OF FINANCE
James Barth, Professor Edward L. and Catherine K. Lowder Eminent Scholar Chair in Finance
Justin Benefield, Associate Professor
Lee Colquitt, Professor & Department Chair
Claire Crutchley, Associate Professor
Mandy Harrelson, Instructor
Jimmy Hilliard, Professor Raymond J. Harbert Eminent Scholar
Jitka Hilliard, Assistant Professor
Harris Hollans, Associate Professor
John S. Jahera, Jr., Professor Bobby Lowder Professor
Marlin Jensen, Associate Professor
Beverly Bain Marshall, Professor
Damion McIntosh, Visiting Assistant Professor
Jung Chul Park, Associate Professor McLain Family Professor
Tracy Richard, Lecturer
Steve Swidler, Professor J. Stanley Mackin Distinguished Professor
Sven Thommesen, Instructor
Keven Yost, Associate Professor
DEPARTMENT OF MANAGEMENT
Garry Adams, Associate Professor
Achilles Armenakis, Professor James T. Pursell Sr. Eminent Scholar Chair in Ethics
Lakami Baker, Associate Professor
Cecilia Champion, Lecturer
Brian Connelly, Associate Professor McWane Family Professor
James Corman, Instructor
Hubert Feild, Professor Torchmark Professor of Management
Dave Ketchen, Professor Edward L. and Catherine K. Lowder Eminent Scholar Chair in Management
Kevin Mossholder, Professor C.G. Mills Professor of Strategic Management
Bill Sauser, Professor
Christopher Shook, Professor & Department Chair Russell Foundation Professor of Entrepreneurial Studies
Peter Stanwick, Associate Professor
Charlotte Sutton, Associate Professor
Alan Walker, Associate Professor
Jack Walker, Associate Professor
Michelle L. Zorn, Assistant Professor
DEPARTMENT OF MARKETING
Avery Abernethy, Professor & Department Chair Torchmark Professor
Brian Bourdeau, Associate Professor
Daniel Butler, Associate Professor Thomas Walter Center Associate Professor
James Carver, Assistant Professor
David Hanning, Instructor
Astrid Keel, Assistant Professor
Michael Kincaid, Lecturer
Uyeng (Jasmine) Le, Instructor
Samir Moussali, Visiting Assistant Professor
Daniel Padgett, Associate Professor
Herbert Jack Rotfeld, Alumni Professor
Emory Serviss, Instructor
Jeremy Wolter, Assistant Professor
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ENDOWED PROFESSORSHIPS AND CHAIRS
ACCOUNTANCY
KPMG Professor, Jennifer Mueller-Phillips
C.G. Mills Faculty Fellow, DeWayne Searcy
PricewaterhouseCoopers, LLP Associate Professor, Kim Key
Charles McKenzie Taylor Jr. Professor, Duane Brandon
Charles McKenzie Taylor Jr. Associate Professor, Tina Loraas
AVIATION AND SUPPLY CHAIN MANAGEMENT
Bennie M. Bray Distinguished Professor, Terry Byrd
EBSCO Industries, Inc. Professor, Cliff Defee
Regions Bank Professor, Joe B. Hanna
Jim W. Thompson Professor, Shashank Rao
Wilson Family Professor, Brian Gibson
FINANCE
Raymond J. Harbert Eminent Scholar Chair, Jimmy Hilliard
Bobby Lowder Professor, John Jahera
Edward L. and Catherine K. Lowder Eminent Scholar Chair in Finance, James Barth
J. Stanley Mackin Distinguished Professor, Steve Swidler
McLain Family Professor, Jung Chul Park
MANAGEMENT
Edward L. and Catherine K. Lowder Eminent Scholar Chair in Management, David Ketchen
McWane Family Professor, Brian Connelly
C.G. Mills Professor of Strategic Management, Kevin Mossholder
James T. Pursell Sr. Eminent Scholar Chair in Ethics, Achilles Armenakis
Russell Foundation Professor of Entrepreneurial Studies, Christopher Shook
Torchmark Professor, Hubert Feild
Torchmark Professor, Stan Harris
INFORMATION SYSTEMS MANAGEMENT
Harbert College of Business Advisory Council Professor, Chetan Sankar
George Phillips Privett Professor, R. Kelly Rainer
Wells Fargo Professor, Bill C. Hardgrave
MARKETING
Torchmark Professor, Avery Abernethy
Thomas Walter Center Associate Professor, Danny Butler
These faculty members hold the highest, most coveted honors the college can award faculty members. Endowed professorships and chairs enable the Harbert College of Business to retain high-quality faculty and recruit promising new faculty through salary enhancements. Auburn acknowledges donors for their investment through professorship endowments by naming a professorship in honor of the donor or someone of the donor’s choosing.
EMINENT SCHOLAR CHAIRS
Bob and Julie Broadway
Raymond and Kathryn Harbert
David and Terri Luck
Mike and Jane McLain
ENDOWED CHAIRS
Jim and Mary Ann Benoski
Rennie Bickerstaff
Kerry and Laura Bradley
Gaines Lanier
PROFESSORSHIPS
James Lowder & the JK Lowder Foundation
David Luck
Martha and Allen Reed
Clyde M. and Elizabeth S. Smith
Suntrust Bank
Synovus Foundation
J.W. Woodruff
PROFESSORSHIPS TO BE AWARDEDThe following donors have established professorships and endowed chairs that will be awarded in the future. This list reflects gifts and commitments through January 31, 2015.
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Christopher Baker ‘87 Retired, Accenture
Jim Benoski ‘60 Retired President & Vice Chair, Cincinnati Financial Corporation
Frederick R. Blatchford ‘85 Director of Sales, Johnson & Johnson
Kerry Bradley ‘79 Campaign Chair, Retired President, Luxottica Retail North America
Robert M. Broadway Jr. ‘91 Chief Executive Officer, The Broadway Group, LLC
Sharon Jackson Byers ‘86 Senior Vice President, Sports and Entertainment Marketing, Coca-Cola
Walton T. Conn Jr. ‘85 Global Head of Audit Methodology and Implementation KPMG LLP
L. Nick Davis ‘84 President & Majority Shareholder, Momma G’s, Inc., Chief Executive Officer of The Davis Companies
Raymond J. Harbert ‘82 Honorary Member & University Campaign Co-Chair, Chairman & Chief Executive Officer, Harbert Management Corporation
Bertha T. Hoskins ‘80 Retired, Hughes Aircraft Company
Benny M. LaRussa Jr. ‘82 Founder & Chief Executive Officer, Sterling Capital Management, Inc.
David Alan Luck ‘71 Board Member, ABC Supply Co., Inc.
John Patrick Mengelt ‘72 Managing Director, Breckenridge Partners
Ron Sanders ‘82 President, Warner Bros. Worldwide Home Entertainment Distribution
Milton (Biff) Woodruff Jr. ‘82 Managing Director, SunTrust Robinson Humphrey
CAMPAIGN LEADERSHIP COMMITTEE
The Harbert College of Business formed a committee in 2013 to lead Auburn’s upcoming comprehensive campaign through philanthropic giving and sharing about the value and satisfaction of investing in the Harbert College. The Campaign Leadership Committee provides counsel and strategic direction while working closely with Dean Hardgrave and the Office of Advancement.
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ADVISORY COUNCIL
Christopher M. Baker ‘87 Retired, Accenture
Frederick R. Blatchford ‘85 Director of Sales, Johnson & Johnson
Kerry Bradley ‘79 Retired President, Luxottica Retail North America
Robert M. Broadway Jr. ‘91 CEO, The Broadway Group, LLC
Sharon Jackson Byers ‘86 Senior Vice President, Sports & Entertainment Marketing, Coca-Cola
Cheryl Lynn Casey ‘83 Senior Vice President, Dreyfus Investments
Mark Richard Chapman ‘87 Former CFO, Vendormate, Inc.
Benjamin Ernst Cook ‘01 Director of Logistics, Apple
Bruce B. Cox ‘85 Founder & CEO, Xycast, LLC
Laurie M. Dasher ‘89 President & CEO, Dasher Technologies, Inc.
Daniel Edward Davidson ‘87 Director of Portfolio Management, BBVA Compass
L. Nick Davis ‘84 President & Majority Shareholder, Momma G’s, Inc. CEO of The Davis Companies
Dan (Dee) Moore Duncan, Jr. ‘81 President & CEO, Keyston Bros.
Mark Joseph Forchette ‘81 President & CEO, Delphinus Medical Technologies
Kelly Gilliland Gunter ‘96 Director Consumer & Retail Group, Corporate & Investment Banking, SunTrust
Paul Andrew Jacobson ‘94 Executive Vice President & CFO, Delta Airlines
James Michael Kilgore ‘91 President & CEO, Chainalytics, LLC
Patrick Alan Klesius ‘98 Director, Global Analytics, Michael Kors
Melissa Ann Love-Greenfield ‘88 Technology Team Lead-JPMC team, National Bank Examiner
David Alan Luck ‘71 Board Member, ABC Supply Co., Inc.
Ben May Senior Director, Sports Management, ESPN- SEC Network
Brannon Spires McDaniel ‘94 Vice President, Information Technology, Omnicare, Inc.
Michael A. McLain ‘72 CEO & Managing Partner, ICON Investment Partner
Patrick T. Murphy Jr. ‘91 Manager, Economic & Community Development, Alabama Power Company
Abiola O. Oladapo ‘04 Materials Leader, Cummins Emissions Solutions
Graham Roberts ‘84 Executive Director, Morgan Stanley
Steven Ames Robinson ‘72 Executive Vice President, Chick-Fil-A, Inc.
Bradon Rogers ‘96 Senior Vice President, Product & Solution Marketing, McAfee
Cynthia McHugh Rogers ‘78 Senior Executive Vice President, Operations & Technology, Regions Financial Corporation
Richard Frank Salanitri ‘85 President, Timco Aviation Services, Inc.
K. Glenn Scott ‘02 Manager, Performance Improvement, Ernst & Young
Dennis J. Weese ‘06 Former President, Cash America
Denela (DeeDee) Wilson ‘85 Vice President for Global Support & CFO, OMUSA
Denise Dale Wood ‘80 Corporate Vice President & Chief Information Security Officer, Federal Express
Milton (Biff) Woodruff Jr. ‘82 Advisory Council Chair, Managing Director, SunTrust Robinson Humphrey
The Harbert College of Business benefits from thoughtful guidance and direction provided by the Dean’s Advisory Council. The council comprises four sub-committees whose focuses include industry relations, marketing & communications, programs & curriculum, and strategy & resources. Members support the Harbert College’s efforts in engagement and are selected based on geographic area and industry representation needs.
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Walter S. Poole Jr. ‘40Helen Krauss Leslie ‘43Manly Eugene Moor Jr. ‘47George M. Gross ‘49Boyd E. Christenberry ‘50William Burch Reed ‘50Elbert W. Hopkins Jr. ‘51W. Brad Whitaker Jr. ‘51Carl F. Bailey ‘52Thomas T. McCoy ‘52James Taylor Pursell Sr. ‘52Edward Lee Spencer Jr. ‘52Dennis W. Calhoun ‘53James Stanley Mackin Sr. ‘54Richard F. Mitchell ‘55Sheldon L. Morgan ‘55Robert D. Word Jr. ‘55William Tillman Heard Jr. ‘56Albert S. Naughton ‘56Charles Edward Story ‘56Gary Clements Martin ‘57Kay W. Slayden ‘57Dr. Dwight Lester Carlisle Jr. ‘58Donald G. Johnston Jr. ‘59Charlton Bryan McArthur ‘59Stewart D. McKnight Jr. ‘59Norvelle Leigh Smith ‘59Peter Michael Kenyon ‘60H. Arnold Cleghorn Jr. ‘61L. Bryant Harvard Jr. ‘61H. B. Lee Jr. ‘61Frederick W. Renneker III ‘61James E. Goldsborough ‘62James N. Long ‘62William Gerald Sewell Sr. ‘62Carl A. Register ‘63Jerry Franklin Thomas ‘63John William Penick Jr. ‘64Ned Lamberth Pierce ‘64Richard Jerome Robertson ‘64James Walton Rainer III ‘65C. Alvin Roberds Jr. ‘65John Douglas Woolbright ‘65Roger C. Champion ‘66Thomas Leavell ‘66Johnny R. Adcock ‘67John Gurney Brock ‘67Carole Watkins Bruce ‘67T. Richard Horn Jr. ‘67L. Phillip Humann Jr. ‘67Joe Bernard Leonard Jr. ‘67Hon. Seth Merrill Hammett ‘68David C. Hannan ‘68James R. Harris ‘68William Michael House ‘68William Michael Warren Jr. ‘68Russell E. Allman ‘69Tony G. Brill ‘69R. Jackson Burkhalter Sr. ‘69James Lawrence Fillmer ‘69
Howard B. Nelson Jr. ‘69Albert Mitchell Poole Jr. ‘69Jack F. Rainer Sr. ‘69David D. Roberts Jr. ‘69James Franklin Roe Jr. ‘69Richard W. Ussery ‘69Michael Adcock ‘70Walker Reynolds Bickerstaff ‘70Rebecca M. Dunn ‘70William Burns Johnson ‘70William H. Johnson ‘70John Michael Kolen ‘70James Lee III ‘70James Wilshire Martin ‘70MG Will Hill Tankersley ‘70Richard Davison Gooley ‘71Scott Amos Huguley ‘71Helen Harris Johnson ‘71Bennie Michael Bray ‘72Phillip W. Clowdus ‘72Robert C. Cofield Jr. ‘72Phyllis Day Davis ‘72Nathan S. Heisler ‘72John Charles Johnson ‘72Geoffrey C. Ketcham ‘72Edwin Lamar Lewis ‘72Thomas H. Lowder ‘72John Patrick Mengelt ‘72Sam J. Renfroe III ‘72Steven Ames Robinson ‘72John S. Samford ‘72William Bew White III ‘72Lindsey Boney III ‘73Glenn D. Bonner ‘73Susan Owens Hamilton ‘73James Marcus McKee ‘73Everette Len Mitchell ‘73Jerry L. Parker ‘73Robert H. Stowers ‘73James William Thompson ‘73Dr. Mary Dunn Baker ‘74Willis Johnston Brown Jr. ‘74Richard D. Gore ‘74R. L. McGhee III ‘74Michael Gregory Rane ‘74Bureon Ledbetter Jr. ‘75Lanier M. Davenport Sr. ‘76Anita Gentle Newcomb ‘76William Randall Pittman ‘76Gary Bernard Redding ‘76Robert L. Davis ‘77Fred G. Nunnelley III ‘77Logan Pierson ‘77Douglas Edward Pritchett ‘77Linda E. Rebrovick ‘77Dawn D. Robertson ‘77Lorraine Tynan Sawls ‘77John M. Youngbeck Jr. ‘77William P. Ainsworth ‘78Robert Earl Bowers ‘78
Frances Holk-Jones ‘78Robert J. Osborn Jr. ‘78Kenneth R. Stephens ‘78Albert Thompson III ‘78Ernest Johnson ‘80Charles Phillip McWane ‘80David Oberman ‘80Ricky Carlis Rodgers ‘80Patti Guthrie Rogers ‘80Riley Taylor Jr. ‘80David Carlton Battles ‘81Robert F. Burgin III ‘81Harlan Hugh Chappelle ‘81Marion Brad Everett ‘81Thomas L. Hunt Jr. ‘81Ron Sanders ‘82Kinn Webb ‘82Cary Scott Chandler Sr. ‘83William John Stewart ‘83James Agee Kelly Jr. ‘84John David Mitchell ‘84Susan C. O’Farrell ‘84Walton T. Conn Jr. ‘85Carter L. Mize ‘85Allison G. O’Sullivan ‘85Earl B. Parsons III ‘85Susan Holley Fitzgibbon ‘86James Cooper Jager ‘86Timothy O’Neill Jr. ‘86Charles Wayne Porter Jr. ‘86George W. Walker III ‘86Sarah Henderson Moore ‘87J. Benjamin Finley ‘88Steven Michael Barranco ‘89Richard B. Hare ‘89Thomas Joseph Minor ‘89Ronald T. Stallworth ‘89Timothy Cadwell Eggena ‘90Christopher W. Woods ‘90David Martin Gray ‘93Todd Dewey Reaves ‘93Reid Bentley Dove ‘94Wyche Thomas Green III ‘94Milton Henry Isay ‘98Bowen Thagard Jr. ‘99William Whitfield Athey ‘00Kella Ruth Farris ‘01Kelly Hall Meyer ‘02John Challoner Tuck ‘02Emily Ann Cangie ‘04Thomas Clint Crews ‘04Lauren Ladel Lovett ‘07Paul E. FlaggPat Greene Jr.Doyle HarvillPeter John HortonKathleen KingJoseph M. MillerWilliam V. Neville IIIDan Phillips
1940s
1950s
1960s
1970s 1
980s
1990s
2000s
FRIE
ND
S
EMERITUS BOARD Emeritus board status is granted to members upon their completion of a term of service on the Advisory Council in appreciation of their leadership and support.
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ENDOWED FUNDS FOR EXCELLENCEEndowed Funds for Excellence help departments and programs accomplish strategic goals. The return on these invested endowments provide into perpetuity financial support for summer research, faculty grants, faculty and student travel to professional meetings, specialized research publications, materials for faculty, graduate students, technology and/or other needs. Endowment investments are $25,000 or more. This list reflects commitments through December 31, 2014.
ACADEMIC DEPARTMENT SUPPORT
Lee and Amy Burleson, Marketing
Brian Casey, Accounting
Church Transportation & Logistics, Supply Chain
Deloitte Employee Contributions and Matching Gifts, Accounting
Solon and Martha Dixon Foundation, Aviation and Supply Chain Management
Ernst & Young Employee Contributions and Matching Gifts, Accounting
Amanda and Jeff Foster, Accounting
Donald G. Johnston, Jr. and Fernan N. Johnston, Transportation
Walt and Alicia Conn and KPMG Partner/Employee Contributions, Accounting/College
Long Electronics, Inc., Marketing Research
Edward L. Lowder, Teaching Excellence
Edward L. Lowder Fund, Teaching Excellence
William and Kay McCartney, Teaching Excellence
Buddy and Jean Metcalf, Accounting
C.G. Mills, Accounting
Mitchell-Zale, Faculty Development
Larry and Margaret Quimby, Accounting
Steven and Dianne Robinson, Marketing
Kevin Stacker, Finance
Synovus Foundation, Faculty Support
J. Blacksher White-Spunner, Finance
GRADUATE PROGRAMS
Warren and Kimberly Jolly, Master of Real Estate Development
Physicians Executive MBA (PEMBA) Class of 2014, MBA Program
PwC Employee Contributions and Matching Gifts, Graduate Fellowships
PricewaterhouseCoopers, LLP, Accounting Graduate Program
Richard F. and Ann L. Teerlink, Ph.D. Organizational Analysis and Change Program
PROFESSIONAL DEVELOPMENT PROGRAMS
Pat and Bruce Blankenship, Women in Business
Bruce Cox, Entrepreneurship and Family Business
Deloitte Foundation, Office of Professional and Career Development
Helen S. Flanagan Memorial, International Business
Amy and Pat Jones, Women in Business
Melissa Love-Greenfield and Kevin Greenfield, Women in Business
Robert and Charlotte Lowder Center for Family Business and Entrepreneurship
Robert and Charlotte Lowder, Executive Residence Program
Regions Bank, Cyber Security
John and Ann Roth honoring John P. and Laura J. Roth, Ethics
INTERNSHIPS
Nick Davis
Price and Meg Hightower
Reagan, Jordan and Alex Jager
Gary Martin, Internships and Study Abroad
Wendy S. Wilson, Domestic Internships
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STUDY ABROAD
Marge and Lou Bifano
Steve and Lily Brotherton
Becky Dunn
Wayne and Anna Harris
Kay and Burke Jones
Jane DiFolco Parker and William L. Parker
Ron Sanders
Todd and Kelley Slappey
Daniel and Kathy White
DeeDee and Dennis Wilson
The following individuals and organizations have invested $25,000 or more to establish endowments that support the college’s strategic plan. These initiatives move the college closer to becoming one of the elite public business schools in the U.S. These investments create a better student experience and broaden students’ education. This list reflects commitments through December 31, 2014.
COLLEGE’S STRATEGIC PRIORITY FUNDING
Accenture B-E-T
Bill and Beth Allen
Anonymous
Whitfield and Katie Athey
Atlanta Alumni
Chris and Melissa Baker
Steve Baum
Michael and Michelle Benoski
Walker R. Bickerstaff
Dave Blesch
Bobby and Cindy Bowers
Tony and Sue Brill
Pat Brumfield
Laurie Dasher
Dan and Regan Davidson
Thomas and Phyllis Davis
Bob and Martha Dumas
Dee and Ann Duncan
Mike Eckard
Fastenal
Mark and Addie Marie Forchette
Amanda and Jeff Foster
Wayne Grant
Lee and Kathy Griffith
Kay Hathaway and Burke C. Jones
Patti G. Hill
Pete and Kathy Horton
Bertha and Jim Hoskins
Tommy and Suzanne Inzina
William R. Ireland, Sr. Family
Paul and Mara Jacobson
Charles M. Jager
Jim Jager
Bill and Hettie Johnson
James Ernest Johnson
Patrick Klesius
Benny and Lynn LaRussa
Cathy and Tommy Luckie
Joe R. Martin, Jr. and Gary C. Martin
Jim and Susan McKee
William W. McTyeire, Jr.
Sarah and Lee Moore
Tommy Morgan
Bobby and Angela North
Tim and Mindy O’Neill
Allison O’Sullivan
Earl Baxley Parsons and Melinda Kent Parsons
Laura Patterson
Philip Morris, U.S.A.
Louie M. and Betty M. Phillips Foundation
Larry and Margaret Quimby
Todd Reaves
Jay Robbins
Graham and Carla Roberts
Cindy and Rick Rogers
Rick and Carolyn Salanitri
William G. and Anne Sewell
Jenny and Will Stegall
Robert N. Stephenson
Frank and Annie Summersell
Synovus
Rick Ussery
Dennis and Beth Weese
Kelly Williams
Biff and Ellen Woodruff
You Might Be for Auburn Foundation
We have made every attempt to accurately reflect donor information. If you notice a discrepancy, please contact Stacee Peer in the Harbert College Advancement Office at 334.844.7284 or [email protected].
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SHAREHOLDERS’ CLUB
The Shareholders’ Club recognizes the highest levels of leadership in annual giving to the Harbert College of Business Gift Fund. Gifts through the club provide significant resources to impact students this year and allow the dean to continue to meet the college’s highest priorities. The Shareholders’ Club gives the college the flexibility to capitalize on emerging and timely opportunities for today’s students, while endowed funds provide for students of tomorrow. Members receive special recognition and opportunities throughout the year, such as event invitations and special communications.
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PETRIE SOCIETY RECEPTIONOn April 11th, 2014, before the Auburn University Foundation’s George Petrie Society recognition event, the Harbert College of Business celebrated its alumni and friends who have made an investment in Auburn’s future through a planned gift. Forty-six Harbert College alumni and friends gathered at the reception at The Hotel at Auburn University and Dixon Conference Center. The Harbert College thanks these donors for their legacy commitment to the college and university.
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BUSINESS SCHOOL ENDOWMENTS: SEC SCHOOLS
$274.4M
$84.3M
$100.3M
$40.9M
$159.5M
$84.2M
$98.1M
$29.4M
$129.9M
$69.7M
$93.1M
$16.7M
$116.8M
$53.9M
Vanderbilt University
University of Tennessee at Knoxville
University of Missouri-Columbia
Auburn University
University of Florida
University of Georgia
University of Alabama
Mississippi State University
University of Arkansas
University of Kentucky
University of South Carolina
University of Mississippi
Texas A&M University
Louisiana State University
The Harbert College of Business’ endowment ranks 12th out of 14 SEC peer institutions. Raymond Harbert’s $40M investment, coupled with $15M in matching endowments, positions the college to make significant strides towards ranking in the top half of the SEC by 2018.
2018
SEC BUSINESS SCHOOL ESTABLISHMENT DATES
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1919 1925 1928 1941 1961 1967
1926 1969
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As one of the youngest business schools in the SEC, the Harbert College aims to become one of the elite public business schools, not only in the SEC, but in the U.S. Raymond Harbert’s transformational investment, coupled with the support of our alumni, will position the college for this success.
AACSB SEC BUSINESS SCHOOL ENDOWMENTS 2013-2014
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In summer 2014, Harbert College Young Alumni Chapters were launched in Birmingham and Atlanta. Utilizing alumni volunteer leadership teams in each city, the inaugural events welcomed 100 guests in each location. The groups continue to thrive with quarterly happy hour and speaker series events. Each event offers the opportunity for networking and professional development, along with additional opportunities to collaborate and socialize with peers. Speakers so far have included Dean Hardgrave, Raymond J. Harbert ‘82, Lacey Goodwin ‘89, Biff Woodruff ‘82 and Tom Genetti ‘88. For more information on the young alumni program, email [email protected].
WOMEN IN BUSINESSThe newly formed Auburn Women in Business alumni group supports the mission and strategic plan of the Harbert College. Members offer professional advice and guidance to female business students at roundtable and panel discussions on campus. Members also connect with other alumnae at regional events to build a network of strong female leaders.
YOUNG ALUMNI
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GUEST SPEAKERS AND INDUSTRY ENGAGEMENT
“Michelle was fantastic! Her
presentations in my classes were timely and hit the mark for students
(about 350+). It’s great to have such impressive alumni come and give back to
HCOB students—What an impact!”
Timothy Ullman Director of Professional Development,
Office of Career and Professional Development
MICHELLE MCKENNA-DOYLE, NFL CHIEF INFORMATION OFFICER
AflacAltria Group Distribution
CompanyAlvarez & MarsalAmerican Airlines, Inc.Apple, Inc.Back Forty Beer CompanyBB&TBBVA CompassBIAS CorporationBooz Allen HamiltonC.H. RobinsonCapgeminiCaterpillarChick-fil-A, Inc.CohnReznickColgate-PalmoliveDeloitte
Delta Air LinesDeutsche BankDollar General CorporationEli Lilly & CompanyEnterprise Holdings, LLCErnst & YoungFedEx Freight, Inc.Frito LayGeorgia-PacificHitachi ConsultingHonda Manufacturing of
AlabamaJetBlue AirwaysKia Motors Manufacturing
Georgia, Inc.KPMG LLPManhattan Associates, Inc.MassMutual Financial Group
Mercedes Benz U.S. International, Inc.
Northwestern MutualPricewaterhouseCoopersQuorum Business SolutionsRegions FinancialShaw IndustriesSogetiSouthern CompanyStanley Black & DeckerSterne AgeeSunTrust Robinson HumphreyTargetThe Home DepotTSYSUnumWaddell and ReedWarren Averett, LLC
MORE THAN 150 FIRMS VISITED THE HARBERT COLLEGE IN 2014 INCLUDING:
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MAC CRAWFORD, FORMER CVS/CAREMARK CEO & CHAIRMAN
RON BURGESS, RETIRED U.S. ARMY LT.
GEN. AND FORMER U.S. DEFENSE INTELLIGENCE
AGENCY DIRECTOR
SHARON BYERS, SENIOR VICE PRESIDENT FOR SPORTS MARKETING AND ENTERTAINMENT AT COCA-COLA NORTH AMERICA
BENNIE ADKINS, RETIRED ARMY COMMAND SERGEANT MAJOR AND RECENT MEDAL OF HONOR RECIPIENT
The college hosted more than 400 guest speakers in 2014.
The college has
seen a 25% increase in firms participating in career
expos since Fall 2013, with a 17% increase in student
attendance in a one-year period.
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DUNK THE DEAN
BACK TO BUSINESS BBQ
To celebrate the end of spring semester and student giving, students who made donations to Harbert College could take a shot at Dean Bill Hardgrave or their favorite professor in a dunk tank on Lowder Lawn. Dean Hardgrave also matched all student gifts to the college encouraging students to begin an early legacy of support to the college through private giving.
More than 1,000 Harbert College students gathered on the Lowder Hall lawn Friday, Aug. 22, for three hours of free barbecue, souvenir Mason jar cups, dessert and iced tea, as the college celebrated the start of the 2014-2015 academic year. Dean Hardgrave, faculty and administration worked the serving line, while members of several student organizations and departments marketed their programs.
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EXPLORING RFIDIn June 2014, the RFID Research Center relocated from the University of Arkansas to Auburn University, opening the door for research collaborations involving faculty in the Harbert College of Business, as well as the Samuel Ginn College of Engineering and College of Human Sciences, among others. Now known as the RFID Lab at Auburn University, the institute focuses on business case studies and the technical implementation of RFID and other emerging technology in supply chain, retail and manufacturing environments.
Sponsors of the lab include Motorola, Tyco, Avery Dennison, Checkpoint Systems, NXP Semiconductors, Smartrac, GS1US, Passenger Baggage Xpress and VF Corp.
Harbert College Dean Bill Hardgrave founded the lab and served as its director during his time at the University of Arkansas. The RFID Lab occupies 13,000 square feet of space in a former supermarket near campus.
STOP IN AND HAVE A CUP
Harbert College students, faculty and alumni now have a new place where ideas and discussions can percolate.
The college celebrated the opening of a 3,000-square foot student and faculty lounge with a full-featured Starbucks. The new lounge offers indoor seating for 112 customers, as well as an outdoor seating area.
One of the world’s premier research centers in the area of radio frequency identification, or RFID, technology and research now calls Auburn University home.
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EVENTS AND ALUMNI ENGAGEMENT
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The Harbert College of Business hosted
37 regional events and
12 on-campus events
for alumni and friends with
more than 2,000 guests
in 2014. The Office of Advancement made
998 visits with 643 alumni
and friends in
229 cities in 2014.
ALUMNI VISITS (998)ALUMNI EVENTS (49)
AUBURN, AL – 12+ BIRMINGHAM, AL – 8 HUNTSVILLE, AL LAKE MARTIN, AL MOBILE, AL ORANGE BEACH, AL SCOTTSDALE, AZ MANHATTAN BEACH, CA SAN FRANCISCO, CA STAMFORD, CT FORT LAUDERDALE, FL ORLANDO, FL PENSACOLA, FL TAMPA, FL ATLANTA, GA – 5 BETHESDA, MD NEW YORK, NY – 3 CINCINNATI, OH OKLAHOMA CITY, OK MEMPHIS, TN NASHVILLE, TN DALLAS, TX HOUSTON, TX – 2 RESTON, VA
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THANK YOU This Fall, Harbert College of Business students paused to say “thank you” to our investors who help enhance their Auburn experiences. Students wrote thank-you cards expressing their gratitude for our donors’ generosity.
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LOOKING AHEAD
In an effort to recognize the university’s established and emerging business leaders and innovators, Harbert College created the Auburn University Entrepreneurship Summit.
The daylong program, which will make its debut in April 2015, includes awards for top alumni and student entrepreneurs, as well as the fastest-growing companies founded, owned or led by graduates of the university. The Entrepreneurship Summit includes the following events and awards:
• Tiger Cage: Presented in partnership with the Auburn Research and Technology Foundation and the Samuel Ginn College of Engineering, this competition enables undergraduate and graduate student teams to compete for funding and other prizes that will help them turn their big ideas into thriving businesses. More than 20 teams
submitted business plans in an effort to claim a $10,000 grand prize. One of the original panelists from ABC’s “Shark Tank,” Kevin Harrington, is scheduled to attend the finals of the competition.
• Top Tigers: This program recognizes the fastest-growing businesses founded, owned, operated or led by Auburn University alumni. Companies must be in existence for at least five years and must generate at least $250,000 in revenue. The Top Tiger program is presented in partnership with Business Alabama magazine and the accounting firm of Warren Averett.
• Entrepreneur Hall of Fame: The new hall of fame will recognize Auburn University alumni from all colleges who have made significant contributions to the business world through their professional achievements.
• Entrepreneur of the Year and Young Entrepreneur of the Year: These new awards honor alumni who have distinguished themselves through their recent professional accomplishments.
INAUGURAL AUBURN
UNIVERSITY ENTREPRENEURSHIP
SUMMIT
4.24.15
Auburn University is an equal opportunity education institution/employer.
405 W. Magnolia Avenue | Auburn, Alabama 36849harbert.auburn.edu