Dean's Update January 2013

Sweat equity

How two alumni, tenacity and a few bowls of chili launched a company

At the height of the dot-com wave in the late-1990s, Christopher Dalton and Paul Weinewuth were right at the crest. Partners in Modern Business Technology Inc., a Midwest-based technology consulting firm, they assisted with the firm’s merger with USWeb/CKS. It would become one of the world’s leading web consulting firms with more 10,000 consultants in 14 countries worldwide and $1 billion in revenue.

“We knew that there was this transformation taking place,” says Dalton, a 1990 Marquette Business graduate.

Within a few years, though, Dalton and Weinewuth, a 1986 graduate of Marquette’s College of Engineering, knew the internet was reaching a tipping point.

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Marquette Business expands its part-time MBA offerings

Marquette Business’ Graduate School of Management has announced it will begin offering its nationally ranked part-time MBA program in Kohler, Wis., beginning with the fall 2013 semester. The lock-step cohort program will be held in conjunction with the Kohler Company (a kitchen and bath industry leader) but will be open to non-Kohler employees from Wisconsin’s Fox Valley region. The 33-month program will blend in-class meetings and online coursework.





Andrew Hanson, associate professor of economics, in multiple interviews discussed the mortgage tax deduction as it relates to the fiscal cliff.
Interviews appeared on WBBM Chicago's "Noon Business Hour" (begins at the 26:00 mark) and in USA Today and

Noreen Lephardt, adjunct associate professor of economics, commented on a landmark decision in California that turned a public elementary school into a charter school, marking the first time the so-called "parent trigger" education reform was successfully invoked to force change in a failing school.

Terence Ow, associate professor of management, commented on the proliferation of online banking and how it has become the norm.

Abdur Chowdhury, chair and professor of economics, said the U.S. economy needs at least 110,000 new jobs each month to absorb population growth and new entrants to the job market, but that's not enough to meaningfully shrink the pool of millions of unemployed left over from the 2008-09 recession.



Alumnus Dan Fuss honored with Lifetime Achievement Award

Marquette Business alumnus Dan Fuss, vice chairman of Loomis, Sayles & Co., has been honored by the CFA Society of Milwaukee with its inaugural Lifetime Achievement Award. He earned his bachelor’s degree from the College of Business Administration in 1955 and his MBA in 1965. Fuss has 54 years of experience in the investment management industry and has been with Loomis, Sayles & Co. since 1976. He is vice chairman of the firm and manages the firm's flagship Loomis Sayles Bond Fund—which won the 2009 Morningstar Fund Manager of the Year award in the fixed income category—in addition to a variety of other funds.










Accounting alumnus named CFO of the Year

Jonathan Sohn, a 1995 accounting alumnus and senior vice president and chief financial officer for Wheaton Franciscan Healthcare, was named CFO of the Year by the Business Journal of Milwaukee. In its fifth year recognizing southeast Wisconsin’s accomplished CFOs, the Business Journal honored Sohn in the Large Private Companies ($250 million+) category.

EMBA alumna named executive director of nation’s largest youth orchestra

Linda Edelstein, a 2011 executive MBA alumna, has been named executive director of the Milwaukee Youth Symphony Orchestra, the largest youth orchestra in the United States. She leaves her role as the chief operating officer for the United Performing Arts Fund.