Smeal Zine - February 2001

Aluimnus Honored

The Penn State Board of Trustees has selected Michael J. Farrell to receive the Distinguished Alumni Award. This is the highest award that Penn State bestows upon an alumnus. Michael received his bachelor's degree in accounting and management information systems from Smeal College in 1971. He resides in Pittsburgh and is President and CEO of Farrell and Company. His gifts and leadership have created The Farrell Chair for Entrepreneurial Studies and the Farrell Center for Entrepreneurship.

Professor Named To Nasdaq Economic Advisory Board

Frank Hatheway, assistant professor of finance, has been named to The NASDAQ Economic Advisory Board (EAB). The primary goal of the EAB is to discuss and communicate specific policy recommendations to NASDAQ This is the second time a Smeal College professor has been named to this prestigious board. Ian Domowitz, the Mary Jean and Frank P. Smeal Professor of Finance, is the immediate past-chair of NASDAQ's Economic Advisory Board. Read the story at http://www.smeal.psu.edu/news/releases/feb01/hatheway.html.

Image Does Matter

The image a corporation projects to external audiences through its public affairs efforts deeply impacts its employees, according to research co-authored by Philip L. Cochran, director of the Center for the Study of Business and Public Issues. The paper is co-authored with Kevin G. Corley and Thomas G. Comstock, both doctoral students in Smeal College. "Public affairs managers must be particularly concerned about the ways in which images that are intended for and projected at external stakeholders-such as investors, the media or consumers-are reflected back to internal stakeholders," says Corley. An overview on the research is online at http://www.smeal.psu.edu/news/releases/jan01/image.html.

Honors & Accolades

Robert W. Koehler, associate professor of accounting, was named as the PricewaterhouseCoopers' Faculty Teaching Fellow in Accounting. Donald D. Bergh of the Department of Management and Organization was appointed as associate editor to the Academy of Management Journal, one of the top empirical journals in the management field. Judy Olian was recently elected to the Board of Directors for the International Association of Collegiate Schools of Business (AACSB). The AACSB is the premier international association for accredited business schools.

Wall Street Nittany Lions

Dell Computer Corporation is a new sponsor for the ongoing operations of the Smeal College state-of-the-art Trading Room, which opens on April 20. Read the Philadelphia Inquirer story about the Trading Room online at http://www.smeal.psu.edu/news/innews/feb01/wallstreet.html.

New Faces at Smeal

Dr. Christopher von Schirach-Szmigiel is joining us as Associate Dean of Executive Education. Most recently, Christopher was director of Ericsson Corporation's Management Institute in Stockholm. He'll further advance our international reputation in executive leadership and in helping organizations sustain competitive advantage in the global converging economies. Scott Matolka, '86 MBA, is now Smeal's Director of Marketing. Kathleen Welch, '84 Acct and '99 MBA recently joined us as MBA Marketing Manager. Fred Houlihan is our new head of Information Systems and Operations after a 30-year career with IBM and as an IT consultant to several major financial organizations.

Meet the Dean

Come and meet Dean Judy Olian and fellow Smeal College alumni, students, and staff, 5:30-7:30 p.m., Wednesday, April 4, 2001, at the Pyramid Club in Philadelphia. To register or obtain more information, contact the Smeal Alumni Office via e-mail at alumni@smeal.psu.edu or 814-865-7831.