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September 2007

Latest News: September 2007

Research: Stock Prices Rise In Wake Of Media Coverage Of Inept Boards Of Directors

Media coverage of the ineffectiveness of corporate boards of directors forces those boards to take corrective actions and increases shareholder profits in the months after the negative publicity, according to new research co-authored by a professor at Penn State's Smeal College of Business.

Alumni And Friends Invited To Smeal Events In New York And Pittsburgh

Smeal College of Business events in New York and Pittsburgh are scheduled in the coming months to bring together the college's alumni and friends for socializing, networking, and learning about the latest initiatives of the college.

Student Mentoring Events Highlight Alumni Society Board Fall Meeting

The fall meeting of the Alumni Society Board of Penn State's Smeal College of Business will convene next month, with highlights including several different opportunities for alumni to network with current students for mentoring and career counseling. The board will hold its semiannual meeting on Oct. 4 and 5 in Smeal's Business Building.

Adobe 'Idea Mentor' To Speak On Fostering Innovation At Work

The leader of Adobe Systems Inc.'s innovation efforts is scheduled to lead an interactive workshop on "intrapreneurship" next month at Penn State's Smeal College of Business. Rick Bess, an "idea mentor" at Adobe, will lead a discussion entitled "What It Takes to Be an Entrepreneur Inside a Larger Company" at 4:40 p.m. on Oct. 31 in the Business Building's Struthers Auditorium.

Dell Executives To Discuss Company's Evolving Supply Chain Model At Smeal

Two Dell executives are scheduled to visit Penn State next month to meet with students and administrators and discuss Dell business strategies with students. Smeal College of Business alumnus Paul Bell '82, senior vice president and president of the Americas, and John Mullen, vice president of higher education, will visit Penn State on Oct. 11 and 12.

Three Speakers Scheduled To Share 'Executive Insights' This Fall

Smeal continues its Leadership in Focus: Executive Insights guest speaker series this fall by welcoming three high-level executives to the college to connect with Smeal students and faculty. Smeal alumna Julie McHugh '86, company group chairman of Global Virology Business for Johnson & Johnson, is scheduled for Sept. 28. Alumnus Stephen Sheetz '69, chairman of Sheetz, Inc., will be the college's guest on Oct. 19. And the fall slate of speakers will wrap up on Nov. 2 with James Clifton, chairman and CEO of The Gallup Organization.

Garber Fund Portfolio Company Ranked Highly By Inc. Magazine

Schoolwires Inc., a privately owned company in State College, Pa., that has been partially funded by the Garber Venture Capital Fund at Penn State's Smeal College of Business, was recently ranked No. 174 in the latest Inc. 5000 list of the best, fast-growing privately held companies. The company ranked third overall within the education industry.

Leading Manufacturers Gather At Smeal To Share Innovations

Executives from four leading manufacturing operations will gather in November at Penn State to discuss their experiences introducing change in their plant processes. The 62nd meeting of the Advanced Manufacturing Forum, hosted by the Center for the Management of Technological and Organizational Change at Penn State's Smeal College of Business, will be held Nov. 8 and 9 at The Penn Stater Conference Center Hotel on Penn State's University Park campus.

Jordan To Discuss Personal Technology Market At Major National Conference

John Jordan, executive director of the Center for Digital Transformation at Penn State's Smeal College of Business, will be a panelist in a forum discussion on the personal technology market at the DEMOfall 07 conference on Sept. 26 in San Diego. For more than 16 years, DEMO conferences, held in February and September, have identified and debuted to an elite audience the products most likely to have a significant impact on the marketplace and market trends in the coming year.

Supply Chain Career Fair To Host 51 Companies

Recruiters from 51 of the world's leading companies will be at Penn State's Smeal College of Business on Sept. 17 to meet with students, accept resumes, and interview candidates seeking careers in the field of supply chain management. Smeal's semiannual Supply Chain Career Fair will take place from 11 a.m. to 3 p.m. in the Business Building Atrium.

Smeal Professor Honored For Research In Marketing

The American Marketing Association's Strategic Marketing Special Interest Group presented Rajdeep Grewal, professor of marketing at Penn State's Smeal College of Business, with its 2007 Early Career Contributions Award at the AMA Summer Educators' Conference in Washington. Grewal earned the award in recognition of his outstanding contributions to marketing strategy research, education, and practice.

Ten New Faculty Members Join Smeal

Penn State's Smeal College of Business recently welcomed 10 new members to its faculty: Shaun Bond, visiting associate professor of real estate,  Forrest Briscoe, assistant professor of management, Glen Kreiner, assistant professor of management, Mirko Kremer, assistant professor of supply chain and information systems, William Machuga, instructor in supply chain and information systems, Felisa Preciado-Walters, clinical assistant professor of supply chain management, Lukas Roth, visiting assistant professor of finance, Michael Rothkopf, Smeal Chair in Supply Chain and Information Systems, Fenghua Song, assistant professor of finance, and John Stevens, director of the Master of Professional Studies in supply chain management.

Board Of Trustees Update: Smeal Focuses On Strategy Of Excellence

By enhancing the overall experience of students at all levels, driving faculty excellence and program innovation, and strengthening connections to the business world, Penn State's Smeal College of Business is committed to solidifying its position among the elite public business schools in the nation.

Smeal Professor Earns Multiple Honors At Academic Conference

At its annual conference last month in Indianapolis, the Academy of Legal Studies in Business presented three awards to Daniel Cahoy, associate professor of business law at Penn State's Smeal College of Business. Among the honors, Cahoy received the Junior Faculty Award of Excellence for having made significant contributions in teaching, research, and the furthering of the profession of collegiate instruction of business law.

Op-Ed: Corporate World Goes Back To School, Too

Patrick Cataldo, associate dean for executive education, writes in an op-ed: "Talent development is the best way to stay ahead in the marketplace while improving retention rates. In the 21st century, it takes more than compensation to keep employees motivated. It requires providing opportunities to grow and develop in their careers. High-potential leaders crave these opportunities and appreciate it when they are offered."

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