Impact Magazine: Spring 2011 | School of Business and Economics, Michigan Technological University


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Impact is the School of Business and Economics semi-annual publication. It illustrates how our students, alumni, faculty, staff, School, and University are changing our world.

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Impact Magazine: Spring 2011 | School of Business and Economics, Michigan Technological University

  1. 1. School of Business and Economics Spring 2011 Spring 2011 Applied Portfolio Management Program: $1.2 Million and Growing
  2. 2. On the Cover Table of Contents Dean Johnson, associate professor of finance and director of the Applied Portfolio Management Program. APMP’s success story is told on page 4. We would like to recognize and thank our Dean’s Advisory Council 4 “Student Millionaires” members. David Bernard, Retired Tackle Wall Street Kimberly-Clark Thirteen Years of Success for the Applied Portfolio Management Program David Brule, President/CEO Northern Star Industries Inc. John Calder, CEO 8 Moving Up the Glass Funnel Cincinnati Controls Inc. Advancement Challenges for FROM THE DEAN James Lenz, Director Female Faculty Members John Deere and Company The Michigan Tech mascot Blizzard and I welcome you to this, our second issue of Impact. When you receive this issue, we may indeed be experiencing a blizzard in Hugh Makens, Office Counsel 10 Alumni Excel Everywhere Warner Norcrosse and Judd LLP Taxes, Packages, and Health Care: Houghton, but the amazing growth of the School of Business and Economics contin- Shankar Mukherjee, President/CEO Alumni Make Their Mark ues to be red hot. Dhanni Systems Inc. This issue is a virtual banquet of all the unique and vital parts that make up the com- munity that is the School of Business and Economics. Scott Pattullo, Senior VP 16 To Sir, with . . . Ties Sales and Marketing, Wheels Inc. Resurrecting the Sam Tidwell Tradition Our cover story features one of our most successful initiatives, the Applied Portfolio John Rockwell, Managing Director Management Program (APMP). APMP illustrates how excellent students, superior faculty, and advisors from around the country help to create an award-winning pro- Element Partners 18 Mickus Family Generosity James Trethewey, Retired Local Support for Our School gram that continues to embrace change to thrive in tough economic times. Next, we Cliffs Natural Resources Inc. visit with a faculty member whose groundbreaking research focuses on those who also continue to face tough challenges—female university faculty. 20 Tech MBA Online On-campus Immersion Experience Three inspiring alums who have made a tremendous impact in their respective organi- zations are presented, followed by an announcement of the resurrection of a tradition started by one of our most beloved past faculty members. Next, a family that has come Impact is produced by Michigan 22 Chart Your Own Course forward with generous support for our School (the Mickus family) is introduced. Technological University’s Laurila Creates Opportunities School of Business and Economics You will learn about our new Tech MBA Online program and its debut this past fall. and University Marketing and Some of our students are then featured with a story about a recent graduate who has Communications 24 Career Fair Hospitality Suite boldly carved out his own opportunities in the sports world and other students who Darrell Radson, Dean Connecting Recruiters with the School of are equally assertive in extolling the virtues of the School and its business students to Lynn Czarnecki, Director of Business and Economics potential recruiters. Marketing and Communications Last, but absolutely not least, we present to you the research published by our hard- Editing Suzanne McDonough 26 MBAA Golf Outing working faculty and four new members of the faculty whom we have welcomed this past fall. Design Bill Tembreull, Creative Director, 27 Let’s Get Social What could be missing from such a feast? You! We hope we have whetted your appetite University Marketing and Connecting with Us Online for more news about our success. Please get in touch with us and share your feedback Communications and stories. Join our community by visiting our newly designed website business, email me at, or phone me at 906-487-2668. Contributors Suzanne McDonough, Erin Kauppila, 28 Faculty Publications Lynn Czarnecki, Darrell Radson, Dennis Walikainen 30 New Faculty Photography Ryan Schumacher, Adam Johnson (Brockit Photography), Greg Maino 31 Blast from the Past Darrell Radson, PhD (Juskuz Photography) Michigan Technological University is an equal opportunity educational institution/equal opportunity employer.2 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 3
  3. 3. F E AT U R E eet S Str CK all O W T egy S stratcurrencies “Student Millionaires” “Managing real assets forces the students to deal with the realities of the Tackle Wall Street MICHIGAN TECH market—uncertainty, noise, imprecision—and perhaps more importantly, their emotions, as they make the decisions to invest funds.” APPLIED PORTFOLIO MANAGEMENT PROGR AM —Larry Durland, APMP Advisory Board Chairman Thirteen Years of Success for APMP ment W hat would you do support student scholarships and for the questions during the presentation fina with $1 million? APMP expenses. can be quite brutal,” says Johnson. GLOBAL FINANCE ge For most people, it APMP is a unique program in a Once approved, the students put their nce ana is a daydream. For number of ways, including the primary strategy into practice in the real world some lucky School of Business and way it functions. “Our portfolio team of investment. APMP students meet m Economics students, it is their RS has a lot of control over this real twice more with the advisory board, amazing reality. money,” Johnson explains. “They have at the end of the first semester and at TO Students in the Applied Portfolio an advisory board, but the ultimate the end of the year, where they receive Management Program (APMP) have decisions are theirs.” advice and constructive criticism about ES daq become millionaires of sorts. Although their work. In the process, they learn Each year, APMP accepts up to they do not have the luxuries the valuable professional and interpersonal S V twelve seniors who have gone N& Nas term implies, they have the privilege skills in order to begin their careers in through a rigorous interview process I of managing an investment portfolio the investment field. in order to qualify. These students worth more than $1.2 million. form an investment team and do “We couldn’t do it without the help of APMP was started in 1998 with extensive research in order to come our advisory board and other generous generous contributions from Michigan up with an investment philosophy supporters of APMP,” says Johnson.bull P5 Tech alumni and friends. The program and strategy. This strategy includes “People like Stan Phelps, Larry MY began under the direction of Associate market projections, asset allocation Durland, Joe Dancy, Jeff Smolek, and 00 NO Professor of Finance Dean Johnson. policy, diversification procedures, and many others provide our students with In that time, more than one hundred stock and fixed income analysis. The real investing experience before they students have moved through the ranks preparation that goes into the plan enter the workforce.” CO bea under Johnson’s leadership. The money mirrors the setting up of an investment E Not only is the opportunity that these they invest comes from private donors. firm, right up to getting investor students have remarkable, the results of The profits go into the Michigan buy-in from the advisory board before their investments are as well. Michigan Tech Fund—the University’s official they can put their plan into action. r Tech’s Gold Team portfolio had a 31 nonprofit fund management and gift “The board decides whether or not the percent return this past year, beating the solicitation agency—to be used to investment strategy makes the cut, and typical market results. This performance 4 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 5
  4. 4. F E AT U R E Dean Johnson Associate Professor of Finance APMP Director resulted in earning them runner-up to invest funds. The meetings with love to have a financial crystal ball to time management, presentation skills, career. My classes were great, but working in teams. You’re running being able to apply the skills is key in Ryan Layton Brad Person status at the annual University of the advisory board reinforce this, with consult to help them predict the future APMP 2003–04 APMP 2005–06 Dayton Redefining Investment Strategy hard questions from professionals and, no doubt, would be envious of every aspect of the fund: analysis, the real world. At the time it felt like Education (RISE) conference and reviewing the portfolios’ investment the APMP “student millionaires” and management, accounting, investor an overwhelming amount of tasks on competition. RISE is the world’s largest results. The program produces their success. However, it doesn’t take relations. Exposure to all of these was top of an already difficult workload. student investment forum with over graduates with true experience— a crystal ball to see that the future very beneficial to preparing me for But it all paid off. With my APMP 250 universities from more than fifty applied, not theoretical—in looks bright for these savvy and hard- my career.” experience, a great internship, new nations participating. This was the tenth portfolio management.” working students. financial contacts, and decent grades Brad Person ’06 (APMP 2005–06) is year of the competition, and Michigan under my belt, I was able to land a Stan Phelps is the chairman of S. N. “We are immensely proud of the an independent investor and founder Tech has won the value-style portfolio job at a Chicago-based financial firm Phelps & Company, an investment program and the success of our of Digital Harbor LLC. Person echoes category three of those years. called William Blair. Admittedly, I do and securities firm, in Greenwich, students under the leadership of Dean some of Layton’s analysis of how work a lot—sometimes twelve-plus Jessica Chlopek Amanda Vogt The APMP students not only win Connecticut. He is considered one Johnson and the advisory board,” says APMP affected his career. “If one hours a day!—but I love my job, and APMP 2005–06 APMP 2008–10 competitions, they win high praise of the nation’s leading experts on the School of Business and Economics thing had to be named, it would be I’m proud to say that a small-town from their advisors and those who restructuring of financially distressed Dean Darrell Radson. “With ongoing applying a fundamental analysis to Wisconsin girl made it to the big provide them with internships companies and on corporate “junk” support, this program will continue an environment and not necessarily city with the help of APMP, Dean and employment. bonds and other higher-risk financing to be a shining example of the quality achieving a result or outcome. We’ve Johnson, and the rest of the Michigan vehicles. A strong believer in giving education that the School of Business seen the past several years bring an MICHIGAN TECH Larry Durland, the chairman of Tech team!” back to others, Phelps supports a and Economics provides.” array of risks and regulations that the APMP Advisory Board, retired have changed the financial landscape. Amanda Vogt ’10 (APMP 2008–10) number of educational institutions. He from a long and successful career in Alums Make Their Mark Valuations, strategies, and analyses is a financial analyst at S. N. Phelps found out about APMP after seeing a APPLIED PORTFOLIO MANAGEMENT PROGR AM the insurance industry, including APMP graduates who are now working must each take this adaptive & Company. “I was amazed and participating student on CNBC’s Wall numerous management positions with in the “real world” reflect positively on approach to stay viable. APMP surprised after competing at RISE that Street show, Squawk on the Street. He Equitable of Iowa, later ING. “As I their experience. highlights this process on a daily Michigan Tech gets to manage over was so impressed that he has provided have worked with the APMP, I have basis by applying it to a real-world a million dollars. Many of the other internships and employment for a Ryan Layton ’04 (APMP 2003–04) become more and more impressed with opportunity. It’s a great experience that schools were only managing a couple number of APMP grads. “We have is now an investment manager for the importance of the word ‘applied,’” pays dividends.” hundred thousand, where we have the been very happy with the students. Wells Fargo. The most valuable thing he says. “Managing real assets, rather opportunity to invest much more. The Their background has been excellent, he learned from APMP? “It’s easy Jessica (Omtvedt) Chlopek ’06 than applying textbook solutions to program and experience I gained were and their willingness to learn the enough to formulate an opinion. The (APMP 2005–06) is an institutional paper trades, forces the students to irreplaceable. Apart from the academic business part of Wall Street, in most valuable thing I learned was equity sales associate for William Blair deal with the realities of the market— and career benefits, APMP is also a addition to the academics, is excellent.” how to defend it. There are many and Co. “I thought it was an awesome uncertainty, noise, imprecision—and, great way to build relationships with perhaps more important, their Bright Future ancillary skills beyond investment and necessary experience if you are analysis that you develop in APMP: your peers who share the same passion emotions as they make the decisions Most Wall Street investors would serious about pursuing a financial for finance.”6 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 7
  5. 5. RESEARCHMoving Up the Glass Funnel Advancement Challenges for Female FacultyS ince the 1980s, American women highest paying fields, and in the highest rank, Each participant experienced a multitude using a modified version of the Social percentage is falling and stalling rather than have made great strides in academia, full professor.” of incidents and attitudes that combined to Watch Gender Equity Index (GEI), which rising. It has been estimated that, at this particularly in the number of degrees restrict career advancement. “Many factors rates countries based on the empowerment, rate of change, it will take another seventy The academic glass funnel has been well- years to achieve equity at the top of awarded. Females now make up add up to form this type of discrimination,” education, and economic activity of women. documented and has affected thousands of US companies.more than one half of the undergraduate says Goltz. “Women might be excluded from women over many years. However, progress The goal of this ground-breaking research, sayspopulation and earn the bulk of master’s informal social-networking gatherings, for “That is a long time to achieve equity, and toward eliminating it has been painfully slow, Goltz, is to bring to light the pervasivenessdegrees. In the 2008–09 academic year, for example, or find that their ideas and research if I can help shorten that time even a little perhaps because the causes are not obvious and serious effects of second-generationthe first time in history, more women than are discounted by male faculty members.” bit with this research, it will have been or well understood. Based on her knowledge discrimination to inspire the legal system andmen earned doctorates, according to the worth the effort,” says Goltz. of the statistics, as well as her own personal When examined individually, such events universities to make the structural changes thatCouncil of Graduate Schools. observations as an academic, Goltz became and attitudes may seem innocuous, but are necessary to achieve equality.Beyond the doctoral level, however, women interested in researching this vital topic. when they build up over a period of years— Goltz believes that it is important toare underrepresented. “It’s an effect called and, in many cases, are adopted into the Supported by Michigan Tech, Goltz understand and correct discrimination atthe ‘academic glass funnel,’” says School of university system and culture—they create researches second-generation discrimination, universities since research indicates thatBusiness and Economics Professor Sonia a barrier for women in academics. What’s a major cause of the discrepancy between students learn as much through the behaviorsGoltz. “As you move up through the ranks more, says Goltz, a woman who tries to call the number of female faculty hired modeled for them as they do throughof academia, the percentage of female attention to unjust practices is often labeled by a university and the number who traditional methods. These are the studentsfaculty, especially those with tenure, declines a troublemaker, which can cause further receive tenure. Unlike first-generation who eventually become corporate America.dramatically.” prejudice and negatively impact her career. In discrimination, where women are openly addition, these cases are difficult to prosecute Certainly, the glass funnel is evident inWomen are overrepresented in part- denied opportunities because of their gender, in the legal system. corporate America as well. For instance, in thetime, nontenured, and primarily teaching second-generation cases involve a complex corporate world, in recent years, women madepositions, and sexual harassment and and nuanced set of events and prejudices. These and other conclusions based on her up about 40 percent of the managerial andlower salaries continue to plague women, research are described in four academic Goltz’s research involved traveling across administrative workforce, but these jobs haveexplains Goltz. “These differences are greater articles examining different themes the country to interview women who were been mostly in lower and middle more financially affluent universities, surrounding the issue, as well as a book involved in second-generation discrimination The percentage of women in the corporateprivate universities, and at more prestigious manuscript that takes a holistic view. cases at their respective universities. This was power base is even smaller, taking into accountinstitutions,” she says. “For example, AACSB, a very unusual study because plaintiffs often The study also has inspired additional research that many of the few women executives thatthe accrediting body for business schools, do not discuss their cases for various reasons. that will explore a method with potential do exist are in less powerful support roles,reported that in 2008, gender differences to highlight and address the issue. Goltz such as VP for human resources.were still evident, with women found in However, as Goltz found, these women have is collecting in-depth data about femalesmaller proportions in schools with graduate unique insights into important processes at Not only is the percentage small, but empowerment in two Midwestern universities,programs, in private institutions, in the their universities and in the court system. there is recent evidence that the Sonia Goltz is a professor of organizational behavior in the Presently, Goltz is involved with establishing a Michigan Tech School of Business and Economics. She received an MS and university-wide faculty mentoring program as a result of a PhD in Industrial/Organizational Psychology from Purdue National Science Foundation ADVANCE grant. This grant University. Goltz began her career at the University of Notre supports the initiative to strategically evaluate the recruitment Dame and joined Michigan Tech in 1996. Her research interests and retention of a diverse faculty, specifically to increase the include individual perceptions of group fairness, organizational number of female faculty members at Michigan Tech. discrimination and justice processes, and social power.8 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 9
  6. 6. A L U M N I I M PA C T Dynamic Career “If you maintain a high level of integrity and work harder than the competition, you will always do well.” in Corporate Taxes —Dave Bernard ’74 Alumnus with Global Impact A fter graduating from Michigan Tech were expanded to include the management of in 1974, a fortunate incident altered all Kimberly-Clark office facilities, the trajectory of Dave Bernard’s real-estate transactions, and tax-credit real- career before it started. “I was set to estate investments. interview with the accounting department at Bernard applied the same work ethic to his Kimberly-Clark,” he says, “and just three days longtime participation in the Tax Executives before, they called to say the position was filled, Institute (TEI), a worldwide organization that but they could offer me a spot as a tax analyst. I aims to improve the standards of practice for took the job and never looked back.” tax professionals. Starting from a local chapter In the Kimberly-Clark tax department, membership, Bernard moved up through the Bernard found a surprisingly active professional ranks to eventually become a member of the environment. “Contrary to popular belief, board of directors and the TEI international taxes are an incredibly dynamic, fluid area,” president in 2006–07. he says. “New laws are enacted every year, Now retired from TEI and Kimberly-Clark, and interpretations vary depending on the Bernard is not satisfied to simply rely on past administration in power, so you always have successes. He continues to make an impact, to be on your toes. My job required me to stay both in the tax world and at Michigan Tech. current with policy changes in Washington, DC, and across the world.” He provides corporate tax consulting for a variety of large enterprises and holds a Bernard’s thirty-six-year career illustrates an government-appointed position on the impressive level of commitment, dedication, IRS Advisory Council, which advises the and focus that impacted not only Kimberly- IRS commissioner about efficient tax Clark but the larger world of corporate taxes. administration. Bernard rose from the lowest position in the tax department of Kimberly-Clark to the Bernard is also an active member of the School highest, serving in roles including chief tax of Business and Economics Dean’s Advisory officer and vice president for taxes. He was Council and welcomes the chance to give responsible for tax management, tax strategies, back. “As a Houghton native, Michigan Tech risk management, and talent development, has a special place in my heart,” he says. “The and was involved in the resolution of countless problem-solving skills I developed there have complex negotiations with the IRS Office of served me well throughout my career, and I Appeals and the Department of Justice. In am honored to help the University continue to 2005, Bernard was named the vice president provide quality education.” for taxes and real estate, and his responsibilities10 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 11
  7. 7. A EAD NIHL U ME R I M PA C T Corporate Account Manager Innovation and Balance are Keys to Success M arie Cleveland ’82 loves her her contributions with numerous accolades In addition, Cleveland finds the time to job. As a worldwide corporate over the years, including Rookie of the Year, connect with Michigan Tech. As a member account manager for Federal Senior Account Representative of the Year, of the Presidential Council of Alumnae, she Express, she handles six major Corporate Account Executive of the Year, works with the Society of Women Engineers, accounts and is responsible for bringing in Ambassador’s Club Award, and the Largest serves as the vice president of the Chicago $50 million in sales each year. Corporate Account Close Award. In 2010, Alumni Chapter, is an Alumni Association she received the highest honor at FedEx, the Gold Carpet and Life Member, and works “We believe in helping clients in any way we President’s Club Award. to recruit students and help fellow alumni can,” she says, “which often involves finding find and keep jobs by setting up networking innovative solutions to improve their bottom The key to professional satisfaction, events and job fairs. lines.” This freedom to think and act outside according to Cleveland, is finding balance. the box is one of Cleveland’s favorite aspects “I love my job, but it is not my life,” she says. “I have always loved Michigan Tech,” she of the position. “One of the great things about FedEx is that says. “When I was a student, I didn’t realize they promote priorities; for me, it’s faith, how much of my tuition was subsidized. Though initially skeptical about working in family, and FedEx.” Volunteering with the University is my way sales, Cleveland found a talent and a passion of returning the favor, of giving back.” for the high level of client interaction. She Along with her family—her husband, became a regional recruiter for Roadway Michael, is a 1982 chemical engineering Package Systems (RPS) in 1988 and went graduate, and daughter, Kerstin, is a on to hold various positions with the chemical engineering first-year student company. When FedEx purchased RPS in at Michigan Tech—Cleveland is heavily 2000, Cleveland was named a corporate involved in her community. She is the account executive. president of her neighborhood association, the president of the Illinois Cook County There is no doubt that Cleveland has had chapter of Thrivent Financial for Lutherans, a big impact at FedEx and is a highly a member of various church committees, and valued employee. FedEx has recognized “You spend one third of your life at work. a volunteer for Habitat for Humanity. Why wouldn’t you find a job you love?” —Marie Cleveland ’8212 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 13
  8. 8. A EAD NIHL U ME R I M PA C T Health Care VP Improves Patient and Caregiver Satisfaction “Making big impacts in health care is all about quality patient care. It is entirely possible to save money while keeping caregivers happy and giving them the tools they need to perform well.” —Dave Chaudier ’93 D ave Chaudier ’93 has a four-part approach to accepting a position as the operations improvement work: “Don’t fear failure, don’t let anything coordinator for Aurora. He moved into a position as surprise you, learn from your mistakes, and a financial analyst, joined the company’s Leadership don’t put up with anyone’s negativity.” Academy, and eventually moved into operations as the regional business manager for cardiac services. As the vice president of operations at St. Luke’s Medical Center, the largest hospital in Wisconsin’s Aurora There, Chaudier demonstrated an exceptional ability to Healthcare system, Chaudier applies this pragmatic step into and assist floundering departments, cut costs, philosophy to leading the cardiac, surgical, and radiology implement lean processes, and turn operations around. services lines, and hospital support departments When an unexpected shift in management left him with including central services. He is responsible for more no one in the positions above or below him, he took the than one thousand caregivers, over $200 million in reins of the cardiac interventional unit in what he calls expenses, and total charges of more than $1 billion. the greatest professional challenge of his career. One of the youngest vice presidents at Aurora, Chaudier “For eighteen months, I performed the duties of the employs business strategies that impact patient care. manager, director, vice president, and business manager in one of the largest labs in the country,” he says. “It “My primary goal is to take care of the caregivers so they was one of the most difficult things I’ve ever had to do.” can provide the best care and experience to every patient Chaudier’s success in managing the high-stress cath and we serve,” he says. To that end, Chaudier set a goal for EP labs led to his promotion to the regional director of 2010 to increase caregiver engagement and patient loyalty cardiac services in 2006, a position he held until he was scores while cutting $13 million in costs, improving named vice president in 2010. scheduling, and streamlining internal processes. As he settles into his position, Chaudier is anything A career in health care management was not always in but complacent. He looks forward to adding additional the cards for Chaudier, who initially entered Michigan responsibilities and cites his well-rounded Michigan Tech Tech as a mechanical engineering student but switched to education as an important career influence. “Engineering become a business major. teaches you a hands-on approach to problem solving, After graduating from Tech, Chaudier worked in while business focuses on the people and numbers,” he manufacturing and management consulting before says. “Together, they make a powerful combination.”14 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 15
  9. 9. TRADITIONS Tie One On—For Sam The School of Business and Economics is announcing the start of the Tidwell’s Ties Campaign. Alumnus Ed Robinson has agreed to chair the campaign for the ties and for more financial support of the Tidwell Center endowment, as he has done in the past. The Tidwell’s Ties Campaign will use modern technology to create a virtual display of past and future ties online. This will allow more people to have accessTo Sir, With . . .Ties H to the collection, which is already too ollywood has created many officer. “He recognized my good grades large to be physically displayed in the movies about dedicated current space. There is also discussion of and encouraged me to continue within and inspiring teachers. organizing a “Red Tie Reunion” for alums. the accounting major. He also invited me From To Sir, With Love to stop by his office anytime and discuss to Mr. Holland’s Opus, we have seen “I am thrilled that Dean Radson has asked where the accounting field could take me to head the Tidwell’s Ties Campaign,” me. His closing line always reminds me how teachers have changed the lives of Robinson said. “Through these literal ties, students in countless ways. how he supported and encouraged hisResurrecting the Sam Tidwell Tradition we, as alums, will continue to strengthen our figurative ties to our School and to each other. students: ‘I believe that you have all the Michigan Tech’s School of Business It promises to be not only a fitting tribute to material necessary to make a significant and Economics has its own teaching Sam Tidwell but a means to ensure that his contribution to the business world, legend. Although his story will likely legacy lives on in the pursuit of educational through accounting.’” never appear on the silver screen, excellence at the School of Business and memories of Accounting Professor Not only did Tidwell make an Economics at Michigan Tech.” Sam Tidwell continue to echo impression on his many students, he through the School’s halls. Tidwell Alums should look forward to more news from made an impact on the accounting died in 2002, but his legacy lives Ed Robinson about the Tidwell’s Ties Campaign teaching profession. “He was a leader in on in each student who came into in the near future. the field of public school accounting,” his classroom. says Robinson. “He put on seminars at Michigan Tech every summer for A native of Mississippi, Tidwell school administrators and caused a was often referred to as “Gentleman massive improvement nationally in public Sam” for his southern drawl, dry sense school fund accounting.” Tidwell authored four “I found Sam Tidwell’s enthusiasm for of humor, and sophisticated presentation. He editions of the first textbook in the field. was interested not only in making the world of accounting contagious, and it inspired me to accounting more exciting and accessible, but also in teaching his students, many of whom were “rough around Soon after coming to Michigan Tech in 1956, Tidwell started his red tie tradition. He requested that each student send him a red pursue a career in accounting.” the edges,” about manners and professionalism. tie after he or she had passed the CPA exam. He then wore the tie, the more garish the better, to class and told his current students about the Former student Ed Robinson ’66 recalls Tidwell with great former student’s success. affection. “I switched out of engineering and moved to business and —Paula (Kauppi) Seiter ’70, accounting because of Sam. . . . He was a student’s professor. His Tidwell retired from Michigan Tech in 1984. In 1999, the School of the first female alum to pass the CPA exam whole interest revolved around the students. I remember spaghetti Business and Economics established the Tidwell Center for Business dinners at his home, his hospitality. He maintained contact with Excellence. The Tidwell Center consists of endowment funds to all his students, and that didn’t stop after graduation. He extended support accounting scholarships and direct student services, such as himself tremendously. If anyone could be held up as a model counseling, tutoring, and mentoring. In addition, the student lounge teacher, it would be Sam Tidwell.” and study center was remodeled and now carries his name. Paula (Kauppi) Seiter ’70 was the first woman to pass the CPA In memory of Sam Tidwell and his dedication to students, the School after graduating from Michigan Tech. “I found Sam Tidwell’s of Business and Economics is resurrecting the red tie tradition (see enthusiasm for accounting contagious, and it inspired me to pursue above). Once again, each accounting graduate who passes the CPA a career in accounting,” she says. “I have fond memories of Sam: exam will be asked to send in a red tie. the enthusiastic professor, southern gentleman, and all-around “A teacher like Sam Tidwell is rare,” says Dean Darrell Radson. “We great person.” want to continue to honor Sam and to keep connected with our “I still have hanging on my office wall a letter, a full page, before alumni. We are resurrecting and reinvigorating the tradition to help word processors, that he sent me at the completion of my freshman inspire a new generation of accountants.” year,” says Dan Greenlee ’74, Michigan Tech’s chief financial16 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 17
  10. 10. SCHOOL SUPPORT Mickus Family Store, South Range, Michigan Mickus Family “Their leadership gift is a wonderful example of how people can provide for their family and Michigan Tech at the same time.” Generosity —Eric Halonen, Director of Major Gifts and Gift Planning The Michigan Tech Fund for him became the woman of his dreams–Rosella. Michael Mickus. “He took care of his family. After their needs were met, he took care of his alma mater. He Albert Mickus went on to earn a bachelor’s degree in always appreciated Michigan Tech.” electrical engineering in 1949 and a bachelor’s degree in Local Support for Our School business (called business engineering administration at Michael Mickus earned a bachelor’s degree in electrical the time) in 1950. He also earned a master’s degree in engineering in 1974 and a bachelor’s degree in business business administration at the University of Michigan. engineering administration in 1975. He resides in Hubbell. Albert spent his career at the Kohler Company of The gift resulted from a charitable gift annuity that the A Sheboygan, Wisconsin, and retired in 1990 as executive Mickus family established with the Michigan Tech Fund lbert and Rosella (Lenci) Mickus, a couple Albert Mickus was born in South Range, Michigan, director of distribution for the US and Canada. in 2003. As a result of this estate gift, Albert and Rosella with local roots, have given the School of and died in 2008. Rosella Mickus was born in Hubbell, Mickus are members of the University’s McNair Society Rosella Mickus graduated from the St. Joseph School Business and Economics $450,000 through Michigan, and died in 2009. and Hotchkiss Society. of Nursing in Hancock, Michigan, in 1945. She served an estate gift. As a student at Jeffers High School, Albert Mickus in the US Cadet Nurse Corps during World War II and “Their leadership gift is a wonderful example of how “The Mickus family’s generosity will help us support worked in his father’s grocery stores in South Range worked in Ypsilanti, Michigan, hospitals while Albert people can provide for their family and Michigan Tech at and educate tomorrow’s business leaders for an and Pequaming. He enrolled at Michigan Tech in 1942, was attending graduate school. After their son Michael the same time,” said Eric Halonen, director of major gifts entrepreneurial business environment that is continually volunteered for the war, served in the marines in World was born, she became a homemaker. and gift planning. changing,” says Dean Darrell Radson. “It will be used War II, and returned to Tech on the GI Bill. Michael, who also is an alumnus, says his parents “We are grateful for Al and Rosella’s support.” to achieve our programmatic innovations, enhance our Halfway through his schooling, Albert was in a attributed much of their success to his father’s education technology infrastructure, and expand our ability to debilitating motorcycle accident. It took him two years to at Michigan Tech. educate the business leaders of tomorrow.” walk again, but, during his recovery, a nurse who cared “He aspired to be a pleasant and helpful person,” says18 School of Business and Economics  Michigan Technological University School of Business and Economics  Impact Spring 2011 19