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McCombs Monthly New
News for MBA alumni

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MBA Alumni Winter Chapter Receptions
Alumni Volunteers Recognized
McCombs Job Board
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Network with Alumni & Students in 15 Cities
The McCombs MBA Alumni Network brings its Winter Chapter Receptions to a city near you--stop by for an evening of networking and fun! This is a great opportunity to connect with fellow alumni and students in your city for the holidays. If you plan to attend, please RSVP with your name, graduation year, and reception city to the MMA Office at mbaalumni@mccombs.utexas.edu.

We will hold receptions in the following cities:

Atlanta

Thursday

January

11

5:30-8:30 PM

Austin

Wednesday

January

17

6:00-8:00 PM

Boston

Thursday

January

18

6:00-8:00 PM

Chicago

Friday

January

12

6:00-8:00 PM

Dallas

Thursday

January

11

6:30-8:30 PM

Denver

Wednesday

January

10

5:30-7:30 PM

Houston

Thursday

January

11

6:00-8:00 PM

Los Angeles

Tuesday

January

9

7:00-9:00 PM

New York City

Monday

January

8

7:30-9:30 PM

San Antonio

Thursday

January

25

6:00-8:00 PM

San Diego

Thursday

January

11

6:00-8:30PM

San Francisco

Wednesday

January

10

6:00-8:30 PM

Seattle

Thursday

January

11

6:30-8:30 PM

Tulsa

Saturday

January

6

6:00-8:00 PM

Washington, D.C.

Wednesday

January

10

6:00-8:00 PM

Please visit http://mba.mccombs.utexas.edu/mma/ChapterReceptions/index.asp for more information including locations, or contact mbaalumni@mccombs.utexas.edu.

Alumni Volunteers Deserve a Big Thank You
Admissions Assistance
Alumni volunteers continue the tradition of excellence by helping us attract the very best talent to the program. Last year, alumni interviewed 66% of the incoming class. We could not do it without your support! The McCombs MBA Alumni (MMA) Network would like to thank the alumni below for assisting with recent admissions events.

Mateus Almeida, MBA 2005 Joe Lazarus, MBA 2003
Vinay Arora, MBA 2006 Aaron Lee, MBA 2004
Brodrick Norman, MBA 2003 Lili Fan, MBA 2005
Suzanne Brown, MBA 2004 Richard Lin, MBA 1998
Carr Carothers, MBA 2004 Michael Lo, MBA 2005
Linda Chen, MBA 2004 Michael Lynam, MBA 2002
Daniel (Donguk) Chung, MBA 2003 Yoshiharu Manabe, MBA 2000
Alan Cole, MBA 2006 John McCollum, MBA 1997
Daniel Lyons, MBA 2002 Mike McGovern, MBA 2003
Pam Flank, MBA 2004 Lance Miller, MBA 1998
Thomas Hall, MBA 2006 Arthur Mills, MBA 2004
Holly Goodrich, MBA 2004

Kay Nakanomori, MBA 2005

Jenn McClain, MBA 2005 Fai-keung Ng, MBA 2002
Jennifer Emmons, MBA 2005 Raj Gilda, MBA 2001
Crystal Johnson, MBA 2006 Raluca Dalea, MBA 2006
Jon Brien, MBA 2003 Christopher Spahr, MBA 2002
Naohiko Kimura, MBA 1994 Tina Tsao, MBA 2002
Ling Kung, MBA 2006 AJ Warner, MBA 2001
Phillip Savio, MBA 2006 Brad Wilson, MBA 2006
Andrew Coleman, MBA 2004 Erin George Hellige, MBA 2006
Kelly Cooley Schomburg, MBA 2004 Holly Bronson, MBA 2006
Kerry Soffar, MBA 2003 Chris Johnson, MBA 1995
Jerome Posatko, MBA 2003 Warren Tennant, MBA 2000
Jay Levin, MBA 1984 Alan Stein, MBA 1994
Randall Kempner, MBA 1998 Sundar Ramamurthy, MBA 2003
Alan Pentz, MBA 2002 James Ding, MBA 1995
Michael Smith, MBA 2005

Please refer potential students you feel would be great additions to the program to the 2006-07 Recruitment Schedule at: http://mba.mccombs.utexas.edu/admissions/adm/recruiting.asp.

MBA Plus Program
The MMA Network would like to thank the following alumni for assisting with recent MBA Plus Program activities. Plus supports the education of current MBA students and is a great way for alumni to stay connected to the McCombs School. To learn more, visit http://mba.mccombs.utexas.edu/students/academics/plus.asp.

Anita Desai, MBA 2005
Chris McClung, MBA 2005

Happy Holidays!
You are receiving this e-newsletter because you are a McCombs MBA alumnus, so stay plugged in to what is happening at the school by updating your profile and preferences. The end-of-the-year is always a busy time, but don't forget to treat yourself this holiday season. If you are tired of receiving that same old tie or toaster, add McCombs merchandise from our online store to your wish list.

Nominate an MBA Alumni Business Leader and an Outstanding Chapter Eventaward_celebration
The MMA Office is now accepting nominations for the 2006-07 Rising Star and Outstanding Chapter Event Awards. Dean Gau presents these awards annually at the MBA Alumni Awards Celebration. Next fall, the celebration will be held on September 28 at 6:30 p.m. at the Stephen F. Austin Hotel. In order for your nominations to be eligible for the 2006-07 awards, we must receive them by March 30, 2007. We will consider nominations received after March 30 for the 2007-08 awards. All nominations will remain active for a period of three years.

  • The Rising Star Award is presented to an alumnus/alumna no further than 10 years from MBA graduation who has been successful professionally and has helped strengthen the McCombs MBA Alumni Network. This is a graduate who has presented himself or herself as a consummate professional and dedicated business person.
  • The Outstanding Chapter Event Award is presented to a chapter that has held an exceptional event in the prior year that implements McCombs MBA Alumni Network strategic initiatives and promotes McCombs in its local area.

To download a nomination form and view past winners, visit the Awards Celebration Web site.

McCombs Job Board
There are currently 79 full-time positions posted on the McCombs Job Board that are open for MBA alumni as of Dec. 5. Go to MOR and enter the McCombs Job Board online at: https://www.mccombs.utexas.edu/MOR to search positions, read full job descriptions, and apply.
A few examples of this month's positions:

Company

Title

Abbott

Financial Analyst

GE Commercial Finance Real Estate

Account Executive

Hewitt Associates

Executive Compensation Consultant

University of Texas Investment Management Co. (UTIMCO)

Associate Hedge Funds

PricewaterhouseCoopers

Transaction Services Manager

Harte-Hanks

Account Director Leadership Development Program

Deloitte

Consulting Managers and Senior Managers Technology, Media, and Telecom (TMT)

Highland Capital Management, LP

Senior Analyst Merchant Banking

Dell, Inc.

Latin America EEC Project Manager

receptionMcCombs School Honors Hall of Fame Inductees
The McCombs School of Business Hall of Fame inducted three prominent alumni Nov. 3 at a ceremony at the Driskill Hotel in Austin. The 2006 inductees represent success in an array of industries, from oil and gas to investment banking to food service. The 2006 honorees are H. Scott Caven, Jr., managing director and Texas regional manager of Atlantic Trust Private Wealth Management; B. M. “Mack” Rankin, Jr., private investor and consultant; and William E. “Billy” Rosenthal, chairman of Penrose Group, LLC.
Get the full story.

cooperCooper Awarded 2006 Impact Prize from INFORMS
William Cooper, information, risk, and operations management professor emeritus, was awarded the prestigious 2006 Impact Prize by The Institute for Operations Research and the Management Sciences (INFORMS), the largest professional society in the world for the field of operations research. Cooper and his colleague Abraham Charnes were given the award for their seminal work in Data Envelopment Analysis (DEA), which was first described in the article “Measuring the efficiency of decision-making units,” in the European Journal of Operational Research. It was selected as one of the 30 most influential papers published in the first 30 years of that journal.
Get the full story.

Edward Cundiff, Past Chair of Marketing, Advertising Departments, Dies
Edward W. Cundiff, professor emeritus in marketing, passed away Nov. 7 in Austin at the age of 87. Cundiff served the university and the business school with great distinction for many years and was inducted into the McCombs Hall of Fame in 1993-94. He served two terms as chair of the Department of Marketing (1958-1964 and 1967-71) and was chair of the Department of Advertising from 1987-1991. From 1973 to 1975, Cundiff was associate dean of the Graduate School of Business responsible for the Ph.D. program.
Get the full story.

UPCOMING EVENTS
Mark Your Calendars - "UT EMBA Association Annual Business Seminar" - February 9, 2007
All MBA alumni are invited to the seminar Conscious Capitalism: A Moral Transformation of Capitalism? A panel of leaders from the business community will explore relevant topics of corporate responsibility from business ethics to community involvement. Confirmed speakers include: Patricia Aburdeen, co-author of the Megatrends books, and Tod Arbogast, responsible for managing Dell’s Sustainability team and programs.  

MBA Alumni Business Conference, March 22-23, 2007
The MMA Network's 2nd Annual Business Conference topic is Navigating the Global Workplace. Don't miss your next opportunity to get back to campus to network with fellow alumni and learn about the latest happenings at McCombs. Plus, new this year, you can take advantage of one-on-one sessions with career advisors. Registration information and additional details are located on the Web site.

McCOMBS IN THE NEWS
Financial Times Ranks McCombs Executive MBA Program #9 in the U.S.
The Financial Times, Oct. 23, 2006 
 Read the article.

Companies with Large Profit Gaps Pay More in Back-Taxes, Mills’ Research Shows
The Wall Street Journal, Nov. 27, 2006 Read the article (subscription required).

Whinston Predicts Bartering Sites Will Not Gain eBay Fame
The Wall Street Journal, Nov. 14, 2006 Read the article (subscription required).

Sarbanes-Oxley Drives Down Costs, Kinneys Research Shows
Forbes, Nov. 9, 2006 Read the article.

Corporate Spin-offs Provide Ample Investment Opportunities
New York Times, Nov. 5, 2006 
Read the article.

Vol. 9, No. 3 December 14, 2006
Alumni and Friends Links

Alumni Website
Development
Update Your Address
B-School Alumni Directory
McCombs News
Texas Exes Online Services

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 alumni spotlight

Ron Steinhartron

MBA Alumnus Steinhart Serves as Role Model for Career and Service

“I will always remember my amazement when arriving at The University of Texas from Beaumont and observing the immense resources of the university and the vast array of business courses taught by a dedicated faculty that were available to me,” said Ronald Steinhart (BBA ’62, MBA ’63), a 2005 inductee into the McCombs School Hall of Fame and a life member of the McCombs Advisory Council.

After a long and successful career in the banking industry, today Steinhart is a director of Penson Worldwide, Inc., Carreker Corporation and United Auto Group, Inc. and a trustee of MFS/Compass Group of mutual funds.

Steinhart credits much of this success to his business education. “Though the education I received and the life-long relationships I developed at the College of Business were major reasons for whatever success I have enjoyed,” he said, “they don’t even compare to the depth and breadth of what’s available to the McCombs student today.”

Between 1969 and 1980, Steinhart teamed with investors to charter or purchase six banks. He then joined the senior management of InterFirst Corporation in 1980 and became president and COO a year later. In 1988, he led a group of investors that founded Deposit Guaranty Bank with private equity funds totaling $275 million. Renamed Team Bank following the acquisition of the former Texas American Banks in 1990, Steinhart served as the bank’s chairman and CEO.

In November 1992, Team Bank—which had grown to over $5.5 billion in assets—merged with Bank One Texas, and he was named president and COO. Subsequently, Steinhart was appointed chairman and CEO of the Bank One Corporation Commercial Banking Group and a member of the management committee. He retired in 2000.

In addition to serving on the McCombs Advisory Council, Steinhart was the chairman of UT’s Capital Campaign that raised 1.6 billion from 1997 to 2004 and has served as past chairman of the Development Board and as a member of the Executive Committee of the Chancellor’s Council of The University of Texas System. He is also one of a select few to have been awarded both the Outstanding Young Texas Ex Award and the Distinguished Alumnus Award from the Texas Exes.

Steinhart has also been active in both local community and national settings. He serves on the U.S. Holocaust Memorial Council, overseeing the U.S. Holocaust Memorial Museum. Steinhart was a member of the bipartisan Texas Tax Reform Commission that recommended changes to the state tax system to fund schools, which were adopted by the Legislature. He is a director of the State Fair of Texas, Dallas Museum of Art, and the Dallas Center for Performing Arts. He also serves as a trustee of the Dallas Jewish Community Foundation, Temple Emanu-El Foundation and Dallas Medical Resource.

Jason Downiedownie

Jason Downie, MBA 1999, was recently voted chair-elect of the McCombs MBA Alumni Network Advisory Board. He’s eagerly looking forward to taking on a larger role with the organization. “I’m very excited about the prospects of the McCombs Alumni Network,” he said. “Through the leadership of a host of able people, we’ve created a strong foundation, and we’re finally in the position to fulfill our mission of being one of the leading alumni groups in the country.”

Jason has been an active member of the board for the past four years, serving as the chair of the Alumni Giving Committee and as an at-large member. He plans to spend time with each committee during his term to help where needed. “We will all benefit from a better McCombs,” he said. “I think it’s imperative that we give back in whatever way we can.”

As a partner at HM Capital since 2000, Jason has been closely involved with the firm’s most recent investments in BlackBrush Energy, Inc. He is currently involved as a director of BlackBrush, TexStar Field Services, and Regency Energy Partners. Prior to joining HM, Downie was an associate with Rice Sangalis Toole & Wilson, a mezzanine private equity firm based in Houston. Before pursuing his MBA in 1997, he was employed by Donaldson, Lufkin & Jenrette for five years.

In addition to his MBA, Jason has a McCombs BBA-Real Estate degree.  He lives in Dallas with his wife Berkeley and their four children, Sam, Michael, Malcolm, and Vivian.

To learn more about the MBA Alumni Network, visit the McCombs MMA site.


Hire McCombs Alumni through the McCombs Job Board

Search for a job or promote employment opportunities to both current students and alumni of the McCombs School of Business. 

Both the Alumni Directory and the McCombs Job Board are accessible through your UT EID (University of Texas Electronic Identification). Click here for more information on finding your UT EID, or contact the Registrar's office at 512-475-7656.

If you have any questions, please email us and refer to "Alumni Directory" or "McCombs Job Board" in the subject and content of your message.

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Investment Opportunities

Investment OpportunityWith the end of the year just a few weeks away, now is the time to make a gift to the McCombs School Annual Fund and help us achieve our goal of becoming the best public business school in the nation. Give now.

Related Links

The MBA Alumni Endowed Excellence Fund provides an excellent opportunity for all alumni to give back to the school. Launching new MBA initiatives that will enhance the educational experience of MBA students, this fund is unique in that a committee of students, alumni, and MBA program office staff will work together to determine optimal usage of the funds.

The McCombs School of Business 2004-05 Investors' Report is now available online.  Visit the home page to view the 2004-05 donors and financial information.

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McCombs Merchandise

tshirts from the storeWe've got t-shirts and other McCombs wearables in the online store. Show your school and university pride, whether you're in the stadium or cheering from the couch.