Gators Always WARRINGTON COLLEGE OF BUSINESS HEAVENER SCHOOL OF BUSINESS FISHER SCHOOL OF ACCOUNTING HOUGH GRADUATE SCHOOL OF BUSINESS

2014–15

MARK FLANNERY SHARES EXPERIENCES FROM YEAR ONE AS SEC CHIEF ECONOMIST

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HEAVENER SCHOOL TO HOST FIRST-EVER INTERNATIONAL CASE COMPETITION

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ALUMNA SUSAN CAMERON DIRECTS LARGEST CORPORATE DEAL BY A FEMALE EXECUTIVE

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JOHN KRAFT CELEBRATES 25 YEARS AS WARRINGTON’S DEAN

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WARRINGTON COLLEGE OF BUSINESS HEAVENER SCHOOL OF BUSINESS FISHER SCHOOL OF ACCOUNTING HOUGH GRADUATE SCHOOL OF BUSINESS DEAN

John Kraft S E N I O R A S S O C I AT E D E A N A N D D I R E C T O R

S. Selcuk Erenguc, Hough Graduate School of Business A S S O C I AT E D E A N S A N D D I R E C T O R S

Gary McGill, Fisher School of Accounting Brian Ray, Heavener School of Business

H E AV E N E R H A L L , 2 0 1 5

COLLEG E I NFOR MATION

2 0 1 4 -20 1 5 DEGREES CON FERRED

FOUNDED.............................................. 1926

UNDERGRADUATE................................. 1,106

FACULTY/STAFF................................ 108/150

MBA . . ...................................................... 468

RESEARCH CENTERS . . ................................. 11

PH.D...........................................................6

ENDOWMENT VALUE............... $ 178.0 MILLION

SPECIALIZED MASTER’S........................... 582

UNDERGRADUATE MAJORS........................... 7

→  Information Systems............................ 184

MINORS . . .....................................................6

→ Management. . ....................................... 117

MASTER’S PROGRAMS. . ................................8

→  International Business...........................107

PH.D. PROGRAMS . . ....................................... 5

→ Accounting............................................ 90

PROFESSIONAL DOCTORATE.. ........................ 1

→ Finance................................................. 31

STUDENT POPULATION...........................7,413

→  Real Estate............................................ 27

→  Undergraduate................................. 4,620

→ Entrepreneurship................................... 26

→  Master’s............................................ 1,581

MINORS . . ................................................. 817

Gators Always since 1853

→  Ph.D.. . ................................................... 90 →  Minors.............................................. 1,122 Ben Hill Griffin Stadium "The Swamp", 1955

DEAN'S MESSAGE

ANER SELA

W

hen it comes to how many different ways you use the things you buy, more may not necessarily be better. According to a new study coauthored by Dr. Aner Sela, the John I. Williams, Jr., Professor, the more the consumer uses a product in different situations, the more likely the consumer will report the product to be unsatisfactory. “The common intuition is that diversity is good, so a variety of experiences with a product should make people evaluate the product more favorably,” Dr. Sela said. “However, we show this is not necessarily true. At least in some situations, perceiving usage experiences as less – not morevaried improves post-purchase product evaluation.” In the study, “How Experience Variety Shapes Post-Purchase Product Evaluation,” which will appear in the Journal of Marketing Research, Dr. Sela and Duke University business professor

Jordan Etkin examined how experience variety influences product evaluation, customer satisfaction and the likelihood the product would be recommended by the customer. The researchers found that consumers often use the same product in the same way in multiple situations, and these situations or experiences may differ in variety. For example, with a pair of sneakers, less-varied usage experiences might include walking the dog or walking to the grocery store. However, morevaried usage experiences might include walking the dog, flying on airplanes or conducting home improvement projects. Their research found that lowervariety situations, like walking the dog and walking to the store, led the consumer to feel they were getting a lot of value from the product. Higher-variety situations, like flying on a plane, gave people a sense of less value because the product feels like it was used less often.

AMIR EREZ

T

OUR ROAD TO BECOMING ONE OF THE NATION’S PREMIER BUSINESS SCHOOLS HAS NOT BEEN WITHOUT OBSTACLES. BUT WHAT REWARDING JOURNEY IS ABSENT OF EFFORT?

O

ur intimate nook on the

scholars, providing experiential learning

northeast corner of campus

opportunities that redefine what a

has developed into one

business education should demand,

of the University of Florida’s most

and fostering a sense of collaboration

picturesque settings with state-of-the-

and community that distinguishes

art learning facilities and true homes

Warrington among the nation’s best

for our undergraduate, graduate and

public university business schools.

accounting students. We’ve enhanced our

We’ve come a long way thanks to

educational offerings—and how we offer

the dedication of every member of the

them—seamlessly blending traditional

Warrington community, including its

and distance learning. We’ve flipped our

alumni, faculty, students, staff, donors

classrooms, and our way of thinking,

and friends. There is still more work to be

to engage this idealistic generation of

done, and I am privileged to continue to

business students.

play a part in the College’s success.

Yet, despite all the changes, we still

4

hold true to the fundamental principles

Thank you,

that have guided Warrington for almost

JOHN KRAFT

a century. We remain committed to

Dean, Warrington College of Business

acquiring and retaining the world’s top

University of Florida

WA R R I N G T O N . U F L . E D U

he road to business success for a company’s most vocal employees may lead through that company’s quietest workers. The interesting dynamic between introverted and extroverted employees was explored by Huber Hurst Professor Dr. Amir Erez in the Academy of Management Journal. The paper, “Inherently Relational: Interactions Between Peers' and Individuals' Personalities Impact Reward Giving and Appraisal of Individual Performance,” found that introverted employees are more likely to give low evaluations of job performance to extroverted co-workers, giving them a powerful role in workplaces that rely on peer-to-peer evaluation tools for awarding raises, bonuses or promotions. Erez and his coauthors, which included Warrington doctoral student Andrew Woolum, found that introverted peers “consistently evaluated

extraverted and disagreeable individuals’ performance as lower.” They concluded that introverted employees may be “more sensitive to interpersonal personality traits than their extraverted peers,” and are incorporating their negative feelings about those traits into evaluations and performance reviews. The researchers advise that extroverted individuals should be made aware that their behavior could have a negative influence on introverted coworkers, managers should limit encounters where an extrovert’s personality “may overwhelm introverts,” and that companies should consider physical alterations to the work environment to keep introverts more relaxed. The article was highlighted by numerous news publications, including Forbes, New York Magazine and The Huffington Post.

MARCUS KIRK, DAVID REPPENHAGEN, JENNY TUCKER

I

n the digital age—where most information is just a click away—are some financial forecasts incomplete? That’s what Dr. Marcus Kirk and Dr. David Reppenhagan—both Luciano Prida, Sr., Term Assistant Professors—and Dr. Jenny Tucker, J. Michael Cook Deloitte Term Associate Professor, concluded in their research published in The Accounting Review. The trio challenges the long-held belief that the consensus forecast—the expectations of analysts as a group that are summarized by the mean or median estimate—is the most important benchmark companies should use to rate performance. That’s because their research shows that individual analyst forecasts, which take into account public and private information, are not properly applied to consensus forecasts, which

include only public information. Not including this private information has an effect on how the market responds to a firm’s earnings report. Drs. Kirk, Reppenhagan and Tucker advise that firms should also use these individual forecasts in addition to consensus forecasts as benchmarks. “Despite the simplicity and efficiency of using a consensus measure in the forecast issuance setting,” the researchers write, “private information lost in the consensus aggregation process may have a first-order effect for performance evaluation in the earnings announcement setting when investors compare a firm’s earnings performance with multiple benchmarks.” The study, “Meeting Individual Analyst Expectations,” was published in November 2014.

F A C U LT Y R E S E A R C H

PRODUCTIVITY 2014-15, ACCEPTED

JUDITH AINSWORTH

JANE DOUGLAS

The Why and How of Task-Based Language Learning for an Advanced Business French Course, Global Business Languages

Availability Bias Can Improve Women's Propensity to Negotiate, International Journal of Business Administration

JOSEPH ALBA

M AT T H E W E G E

Lanzillotti-McKethan Eminent Scholar Chair

Audit Committee Financial Expertise and Earnings Management: The Role of Status, Journal of Accounting & Economics

Manipulation: More than 50 Shades, Journal of Marketing Behavior

STEPHEN ASARE KPMG Professor Challenges Facing Auditors in Detecting Financial Statement Fraud: Insights from Fraud Examinations, Journal of Forensic and Investigative Accounting Striking a Balance Between The Administration Of Justice And Free Speech During The Live Broadcast of a Presidential Election Petition, African Journal of International and Comparative Law

H A L D U N AY T U G Karl F. and Nancy J. Flammer Professor Feature Selection for Support Vector Machines using Generalized Benders Decomposition, European Journal of Operational Research

S U B H A J Y O T I B A N D Y O P A D H YAY Susan Cameron Professor The Economics of Net Neutrality and How Verizon's AOL Deal Subverts an Open Internet, The Conversation

LY L E B R E N N E R Jack Faricy Professor Forceful Phantom Firsts: Framing Experiences as Firsts Amplifies Their Influence on Judgment, Journal of Marketing Research

JANICE CARRILLO PricewaterhouseCoopers ISOM Professor Contemporary Research in NPD, Innovation and Technology Management: Review and Future Directions, Decision Sciences Environmental Implications for Online Retailing, European Journal of Operational Research Multi-Generation Pricing and Timing Decisions in New Product Development, International Journal of Production Research

HSING "KENNY" CHENG John B. Higdon Eminent Scholar Chair Estimating Social Influences from Social Networking Sites—Articulated Friendships versus Communication Interactions, Decision Sciences

Internal Control Quality: the Role of AuditorProvided Tax Services, The Accounting Review

ROBERT EMERSON Huber Hurst Professor Editor's Corner: Law as Illumination, Not Literalism, American Business Law Journal Editor's Corner: Research that Shakes Things Up, American Business Law Journal Franchise Constructive Terminations: Quirk, Quagmire, or a French Solution?, University of Pennsylvania Journal of Business Law Franchise Savoir-Faire, Tulane Law Review Franchise Terminations: "Good Cause" Decoded, Florida Journal Of Law and Public Policy Franchises as Moral Rights, Wake Forest Journal of Business & Intellectual Property Law Judges as Guardian Angels: The German Practice of Hints and Feedback, Vanderbilt Journal of Transnational Law McDonald's Wage Hike Stems from Evolving Views on Morality, Politics and Economics, The Conversation The Neutral Factfinder as a Pathway to Legal Reform: Examples from Franchising, Virginia Law & Business Review

AMIR EREZ Huber Hurst Professor Inherently Relational: Interactions Between Peers' and Individuals' Personalities Impact Reward Giving and Appraisal of Individual Performance, Academy of Management Journal Not What You Expected to Hear: Accented Messages and Their Effects on Choice, Journal of Management Separating Data from Intuition: Bringing Evidence into the Management Classroom, Academy of Management Learning & Education Workplace Incivility: A Review of the Literature and Agenda for Future Research, Journal of Organizational Behavior

Execution and Leadership: Fulfilling Conflicting Responsibilities in Utility Regulation, Electricity Journal Lessons from the Evolution of Merger Guidelines in the United States, Journal of Contemporary Management Motivating Regulated Suppliers to Assess Alternative Technologies, Protocols, and Capital Structures, International Journal of Industrial Organization Reset for Regulation and Utilities: Leadership in a Time of Constant Change, Utility Horizons

CHRIS JANISZEWSKI Russell Berrie Foundation Eminent Scholar Chair Hedonic Eating Goals and Emotion: When Sadness Decreases the Desire to Indulge, Journal of Consumer Research The Value of Time, Journal of Consumer Research

One (Rating) from Many (Observations): Factors Affecting the Individual Assessment of Voice Behavior in Groups, Journal of Applied Psychology

A Double-edged Sword: The Moderating Role of Conscientiousness in the Relationships Between Work Stressors, Psychological Strain, and Job Performance, Journal of Organizational Behavior

Brokerage Commissions and Mutual Fund Performance, The Journal of Financial Research

PAU L M A D S E N Has the quality of accounting education declined?, The Accounting Review

M I C H A E L M AY B E R R Y

LIANGFEI QIU Effects of Social Networks on Prediction Markets: Examination in a Controlled Experiment, Journal of Management Information Systems

Product Market Power and Tax Avoidance: Market Leaders, Mimicking Strategies, and Stock Returns, The Accounting Review

The Impact of Social Network Structures on Prediction Market Accuracy in the Presence of Insider Information, Journal of Management Information Systems

G A RY M CG I L L

S U G A T A R AY

J. Roy Duggan Professor

Under One Roof: A Study of Simultaneously Managed Hedge Funds and Funds of Hedge Funds, Management Science

Risky Business: The Prosopography of Tax Planning Structures, National Tax Journal

MICHAEL MORRIS

D AV I D R E P P E N H A G E N

James W. Walter Eminent Scholar Chair

Luciano Prida, Sr. Term Assistant Professor

Corporate Entrepreneurship as a Mediator of Environmental Effects on Public Sector Performance: The Case of Strategic Renewal, Small Business Economics

Meeting Individual Analyst Expectations, The Accounting Review

Understanding the Dynamics of Entrepreneurship through Framework Approaches, Small Business Economics

A N DY N A R A N J O

J AY R I T T E R Joe B. Cordell Eminent Scholar Chair Private Equity Firms'' Reputational Concern and the Costs of Debt Financing, Journal of Financial and Quantitative Analysis

Age Differences in Feedback Reactions: The Roles of Employee Feedback Orientation on Social Awareness and Utility, Journal of Applied Psychology Context, Socialization, and Newcomer Learning, Organizational Psychology Review Customer Mistreatment, Employee Health and Job Performance: Examining Cognitive Rumination and Social Sharing as Mediating Mechanisms, Journal of Management The Dark Side of Socialization: A Longitudinal Investigation of Newcomer Alcohol Use, Academy of Management Journal Deciding Whether to Work After Retirement: The Role of the Psychological Experience of Aging, Journal of Vocational Behavior Do Job Demands of Chinese Manufacturing Employees Predict Positive or Negative Outcomes? A Test of Competing Hypotheses, Stress and Health Effectiveness of Job Search Interventions: A Meta-analytic Review, Psychological Bulletin Health Information Wanted and Obtained from Doctors/Nurses: A Comparison of Chinese Cancer Patients and Family Caregivers, Journal of Supportive Care in Cancer

Leverage and Returns: A Cross-Country Analysis of Public Real Estate Markets, Journal of Real Estate Finance and Economics

Teaching Social Entrepreneurship, Annals of Entrepreneurship Education

Impaired Judgment: The Effects of Asset Impairment Reversibility and Cognitive Dissonance on Future Investment, The Accounting Review

Overqualification and Counterproductive Work Behaviors: Examining a Moderated Mediation Model, Journal of Organizational Behavior

HYUNJOO OH

Numerical Formats within Risk Disclosures and the Moderating Effect of Investors' Disclosure Management Concerns, The Accounting Review

Recharging or Retiring Older Workers? Uncovering the Age-based Strategies of European Employers, The Gerontologist

ANER SELA

Retirees' Motivational Orientations and Bridge Employment: Testing the Moderating Role of Gender, Journal of Applied Psychology

KYUNG SUNG JUNG Approximations to Optimal Sequences in SingleGripper and Dual-Gripper Robotic Cells with Circular Layouts, IIE Transactions

User Attributes in Processing 3D VR-Enabled Showroom: Gender, Visual Cognitive Styles, and the Sense of Presence, International Journal of Human-Computer Interaction

P R AV E E N P A T H A K

STEVEN KIRN

Robert B. Carter Professor

Varejo Do Futuro, Gondola Monthly publication of AMIS Asso. (Brazil)

Estimating Social Influences from Social Networking Sites – Articulated Friendships versus Communication Interactions, Decision Sciences

ROBERT KNECHEL Frederick Fisher Eminent Scholar Chair Audit Firm Tenure, Non-audit Services, and Internal Assessments of Audit Quality, Journal of Accounting Research

ANUJ KUMAR An Information Stock Model of Customer Behavior in Multichannel Customer Support Services, Manufacturing and Service Operations Management Demand Effects of Joint Product Advertising in Online Product Videos, Management Science

KLODIANA LANAJ Integrating the Bright and Dark Sides of OCB: A Daily Investigation of the Benefits and Costs of Helping Others, Academy of Management Journal Leadership Over-emergence in Self-managing Teams: The Role of Gender and Countervailing Biases, Academy of Management Journal

L A R RY D I M AT T E O

Chester C. Holloway Professor

G W E N D O LY N L E E

An American Perspective on the Works of Hugh Beale, European Review of Private Law

CHRISTOPHER JAMES

Resource Allocation, Journal of Management

William H. Dial/SunTrust Eminent Scholar Chair

Behavioral Approach to the Common Law Penalty Rule, European Review of Private Law

Bank Loans and Troubled Debt Restructurings, Journal of Financial Economics

Resource Redeployment Through Exit and Entry, Advances in Strategic Management

Contractual Excuse Under the CISG: Impediment, Hardship and the Excuse Doctrines, Pace International Law Review

The Determinants of Long-Term Corporate Debt Issuances, Journal of Finance

Questioning the Ubiquitousness but Not the Value of Arbitration Carve-Outs, Florida Law Review

Adding Dimension to Merger Analysis, Journal of Competition Law and Economics Boomers: Outdated or Wise? Millenials: Innovative or Naïve?, Utility Horizons

A Long-Term Perspective on the Determinants of Treasury Bond Stripping Levels, Financial Markets, Institutions & Instruments

Investing in Changemakers: Using Kiva as an experiential learning tool, Journal of Strategic Management Education

The Financial Implications of Supply Chain Changes, Management Science

MARK JAMISON

M O WA N G

K ATA R Z Y N A R U PA R

John B. Hall Chair

JOEL HOUSTON

P H I L I P P O D SA KO F F Brian R. Gamache Professor

William A. Emerson/Merrill Lynch Professor

KRISTIN JOOS

Optimal Software Free Trial Strategy: Limited Version, Time-locked, or Hybrid?, Production and Operations Management Huber Hurst Professor

6

Does Internal Audit Function Quality Deter Management Misconduct?, The Accounting Review

& PUBLISHED

MILES LIVINGSTON Bank of America Professor

D AV I D L I N G Ken and Linda McGurn Professor Explaining Housing Dynamics: Isolating the Role of Non-Fundamentals, Journal of Money, Credit and Banking Leverage, Volatility, Returns: A cross country analysis of public real estate markets, Journal of Real Estate Finance and Economics

WA R R I N G T O N . U F L . E D U

A N A N D PAU L E.R. Beall Professor Inventory Planning for a Modular Product Family, Production and Operations Management

S E LW Y N P I R A M U T H U Frank L. Weyenberg Term Professor A Social Network Matrix for Implicit and Explicit Social Network Plates, Decision Support Systems Benchmarking of RFID Devices for Apparel Applications, International Journal of RF Technologies: Research and Applications Do Decision-Making Structure and Sequence Exist in Health Online Social Networks, Decision Support Systems Do Online Social Networks Support DecisionMaking?, Decision Support Systems Effect of Ticket-Switching on Inventory and Shelf-Space Allocation, Decision Support Systems Effects of Ticket-Switching on Inventory Management: Actual vs. Information Systembased Data, Decision Support Systems Experimental Evaluation of Sequential Bias in Online Customer Reviews, Information & Management Information Relevance Model of Customized Privacy for IoT, Journal of Business Ethics Secure Ownership Transfer for Multi-Tag Multi-Owner Passive RFID Environment with Individual-Owner-Privacy, Computer Communications Secure Tag Search in RFID Systems Using Mobile Readers, IEEE Transactions on Secure and Dependable Computing

John I. Williams, Jr. Professor How Experience Variety Shapes Post-Purchase Product Evaluation, Journal of Marketing Research

WOOCHOEL SHIN

Self-regulation During Job-search: The Opposing Effects of Employment Self-efficacy and Job Search Behavior Self-efficacy, Journal of Applied Psychology

Keyword Search Advertising and First-Page Bid Estimates: A Strategic Analysis, Management Science

The Survey Effect: Does Administering Surveys Alter Trainees' Behavior?, Learning and Individual Differences

Keyword Search Advertising and Limited Budgets, Marketing Science

Toward a New Feedback-seeking Typology: Implications for Employee Performance Outcomes, Journal of Management

Multi-Tier Store Brands and Channel Profits, Journal of Marketing Research

ROBERTO STEIN Adjusted Betas Under Reference-day Risk, The Engineering Economist Not Fooled by Randomness: Using Random Portfolios to Analyze Investment Funds, Investment Analysts Journal

JENNIFER TUCKER J. Michael Cook/Deloitte Term Associate Professor Analyst Information Production and the Timing of Annual Earnings Forecasts, Review of Accounting Studies Meeting Individual Analyst Expectations, The Accounting Review The Relation Between Disclosure Quality and Reporting Quality: A Discussion of Cassell, Myers, and Seidel (2015), Accounting, Organisations and Society

Training Opportunities for Older Workers in the Netherlands: A Vignette Study, Research in Stratification and Mobility Updating Generalizability Theory in Management Research: Bayesian Estimation of Variance Components, Journal of Management The Validity of the Multi-informant Approach to Assessing Child and Adolescent Mental Health, Psychological Bulletin Work-family Conflict, Emotional Exhaustion, and Aggression Toward Others: The Moderating Roles of Workplace Interpersonal Conflict and Perceived Managerial Family Support, Journal of Applied Psychology

VA L W A T S O N Corporate Social Responsibility Research in Accounting, Journal of Accounting Literature Corporate Social Responsibility, Tax Avoidance, and Earnings Performance, Journal of the American Taxation Association

A S O O VA K H A R I A

JINHONG XIE

McClatchy Professor

JCPenney Eminent Scholar Chair

Environmental Implications of Online Retailing, European Journal of Operational Research

The Effect of Probabilistic Selling on the Optimal Product Mix, Journal of Retailing

Green, Greener, or Brown: Choosing the Right Color of the Product, Annals of Operations Research Inventory Planning for a Modular Product Family, Production and Operations Management Market Coverage and Capacity: Can Brown and Green Products Co-Exist, European Journal of Operational Research

FACULTY ACCOLADES

MICHAEL MORRIS

KRISTIN JOOS

PAU L M A D S E N

Received a national Dedication to Entrepreneurship award from the Academy of Management. The award recognizes scholars who have “exhibited a long-term pattern of exceptional activities that have significantly advanced the development and/ or visibility of the field of entrepreneurship.”

Her Introduction to Social Entrepreneurship course received a 2015 Online Education Excellence Award (OEEA) from the University of Florida’s Office of Faculty Development and Teaching Excellence.

Received the 2014 Judy Fisher Teaching with Technology Award, which is given annually to the Warrington professor whose teaching best exemplified the use of technology over the past year.

Was one of seven recipients of Florida State University’s College of Education Distinguished Alumnus Award.

ROBERT KNECHEL Awarded a UF Research Foundation Professorship for 2015-18. UFRF professorships are awarded to tenured faculty members who have a distinguished current record of research that places them among the leaders in their discipline, and an active current research program that is likely to lead to continuing distinction in their field. Named the American Accounting Association’s (AAA) 2015 Outstanding Auditing Educator. The Outstanding Auditing Educator Award is one of the AAA’s most prestigious honors, recognizing “contributions to accounting education from scholarly endeavors in research and teaching over a sustained period of time through educational innovation, excellence in teaching, publications, research guidance to graduate students, and significant involvement in professional and academic societies and activities.”

RICHARD LUTZ & BARTON WEITZ Were inducted into the American Marketing Association’s inaugural class of AMA Fellows, which recognize “members of the American Marketing Association in good standing who have made significant contributions to the research, theory and practice of marketing, and to the service and activities of the AMA.”

B R I A N R AY

G A RY M CG I L L

Received the inaugural Distinguished Alumni Faculty Award from Texas Tech University’s Rawls College of Business. The Rawls College of Business has honored its distinguished alumni and friends since 1986, but this was the first year the College introduced a faculty category.

DEB MITRA Selected as a 2015-16 Fellow by the University of Virginia’s Batten Institute of Entrepreneurship and Innovation. The Batten Fellows Program brings prominent and highpotential thought leaders to the Darden School of Business for short and long-term visits. Since 1999, the institute has supported more than 80 experts and promising pioneers in the areas of entrepreneurship and innovation. Awarded Emerald Group Publishing’s Citation of Excellence Award for his 2012 work, “What is quality? An integrative framework of processes and states” which appeared in the Journal of Marketing.

Was a co-recipient of the 2013 William F. Sharpe Award for Scholarship in Financial Research. The Sharpe Award recognizes the best article published each year in the Journal of Financial Quantitative Analysis. Dr. Ritter and his fellow researchers were recognized for their work, “Where Have All the IPOs Gone?” which appeared in the December 2013 issue of JFQA.

ANER SELA Was one of 10 professors awarded the University of Florida Excellence Award for Assistant Professors. The award recognizes UF assistant professors for their research performance. Was one of 23 scholars chosen for Marketing Science Institute’s 7th Biennial Young Scholar Program. The Young Scholar Program, which began in 2001, brings together the most promising scholars in marketing and closely related fields. These are individuals who received their doctorate in the past 3 to 7 years, and whose work suggests they are potential leaders of the “next generation” of marketing academics.

A S O O VA K H A R I A Appointed as a Department Editor of Production & Operations Management. He previously served as a Senior Editor for the journal.

PROGRAM TEACHING AWARDS WARRINGTON COLLEGE OF BUSINESS

Justin Leiby, J. Michael Cook

Paul Madsen, Graduate Teaching

Excellence in Teaching Award

Michelle Darnell, Undergraduate Teaching

HEAVENER SCHOOL OF BUSINESS

Dave Sullivan, Undergraduate Advising

Accounting: Jill Goslinga

FULL-TIME MBA

Communication: Sean Limon

TEACHING EXCELLENCE IN THE CORE

Economics: Mark Rush

Two-Year: Joel Houston One-Year A: Richard Romano

Finance: Craig Tapley

One-Year B: Philip Podsakoff

Information Systems & Operations

Elective: Aner Sela

Management: Lindy Archambeau Marketing: Richard Lutz

Last fall, Warrington professor and Bank of America Eminent Scholar Dr. Mark Flannery was introduced to a new crop of finance specialists. That meeting didn’t occur in a classroom in Gainesville. It happened at the Securities and Exchange Commission in Washington, D.C. For the past year, Dr. Flannery has served as the SEC’s Chief Economist, and Director of its Division of Economic and Risk Analysis (DERA). It’s been an exciting and grueling time for Dr. Flannery, who oversees more than 100 economists and leads one of the SEC’s newest divisions.

How would you describe the past year as the SEC’s Chief Economist? It’s been a whirlwind. I wanted to do this to get out of my comfort zone, which I have accomplished extremely well. My background has been in bank regulation, and this is a whole different part of the market—securities regulation— that I have had to learn about. I walked into a place where I have 140 employees, but I had never managed a lemonade stand. There are a lot of management issues. Fortunately, I have two wonderful deputies who have sheltered me from that for the most part. What were the major issues you and your staff addressed? A lot of my Division’s (the Division of Economic and Risk Analysis, or DERA) work has to do with rules—how to implement them and in what order. One rule we’ve worked on is a way for small firms to raise equity capital by streamlining the application process to solicit funds. It’s called Regulation A-Plus, part of the Jumpstart Our Business Startups (JOBS) Act. It’s an effort to balance investor protection against the cost to small firms of raising money for investment. Another proposal is the clawback rule, by which top executives would have to pay back earnings if it turns out the firm’s accounting results need to be restated. That’s part of the Dodd-Frank (Wall Street Reform and Consumer Protection) Act. We’ve also done work on securities-based

swaps—who reports trading? How does that reporting happen? We’re trying to shed light on a pretty dark market. Another thing underway is a white paper about ETFs (Exchange Traded Funds)—how they’re different from mutual funds, the systemic risks, the volatility implications, how ETFs are organized and responses to some concerns expressed in international regulatory venues. We hope to address those questions. Has it been difficult being away from the College, your colleagues and students? I miss very much riding my bike to work in shorts instead of taking the subway in a suit. I miss being around the openness of a university, and the absence of red tape. A university has red tape to be sure, but there’s much more in the federal government. Did former SEC Chief Economist Craig Lewis offer any advice before you took the post? He convinced me to take the job. Some court cases criticized the SEC—just before Craig took over—about whether the Commission had satisfied components of the Administrative Procedures Act. His work transformed the role of economics at the Commission. The Commission is doing a better job of analyzing costs and writing analyses of rules. What aspects of the job have you found surprising?

NEW FACULTY NITISH KUMAR Department: Finance, Insurance & Real Estate Previous Appointment: Ph.D. Candidate, University of Chicago Research Interests: Corporate Finance, Political Economy of Firms, Financial Intermediation.

Department: Management Previous Appointment: Sanford C. Bernstein & Co., Associate Professor of Leadership and Ethics, Columbia University Research Interests: Gender in Management, Formal Foundations of Strategy, People and Performance, Financial Institutions.

Can you touch on DERA’s rise in importance since the financial crisis? DERA has grown very rapidly because the other divisions have learned that our tools of analysis can complement theirs. We get involved with new rules from the very beginning, and we remain involved in their evolution until the Commission votes on them. We help allocate scarce examiner resources by using statistical analysis to identify the riskiest-looking brokers and investment advisers. DERA also has a large litigation support group that works with the Enforcement Division to identify and to document violations of securities laws. Finally, we are quite involved in several important international regulatory groups (specifically, the Financial Stability Board (FSB) and the International Organization of Securities Commissioners (IOSCO)), developing shared approaches to regulatory problems. What issues/initiatives will the SEC be highlighting the next 12 months? Going forward our chair wants to revise the regulation of mutual funds, and introduce new standards in judging the adequacy of their liquidity. There will also be new rules governing trading in equities and credit default swaps.

F A C U LT Y P R O F I L E Total  =   108 • Tenure = 47 •  Tenure Track = 20

•  Males = 75 (69%) •  Females = 33 (31%) •  International Faculty = 22 (20%)

BY D E PA R T M E N T

MBA FOR PROFESSIONALS Executive: Joel Houston Online: Fiona Barnes, Robert Emerson, Richard Gentry

YA N P I N G T U Department: Marketing Previous Appointment: Ph.D. Candidate, University of Chicago Research Interests: Judgment and Decision Making, Consumption in Interpersonal Contexts, Experience and Desire, Goal Pursuit.

Professional: John Banko, Debbie Garvin, Pekin Ogan South Florida: James Parrino

WA R R I N G T O N . U F L . E D U

•  Finance, Insurance & Real Estate = 31 •  Information Systems & Operations Management = 19 • Accounting = 18 • Marketing = 18

YA N G YA N G Department: Marketing Previous Appointment: Ph.D. Candidate, Carnegie Mellon University Research Interests: Consumer Experience, Consumer Judgment and Decision Making, Hedonic Adaptation, Misforecasting, Motivation.

8

The job is relentless, in the sense that there is always something important that needs to be done. And someone is usually waiting for that something. Oh, yes, and then there are the meetings. Some days I hardly sit in my desk chair. The only frustration worth mentioning is not being able to sit quietly and think about things. That’s the biggest contrast with a professorial job. I’ve done less new research than I thought I would, even though I hadn’t expected to do very much. That has surprised me a bit. I hope to make up for it when I take home some of the ideas I’ve developed up here.

•  Non Tenure Track = 41

D AV I D G A D D I S R O S S

Electronic Platform: Bill Rossi and Robert Emerson

Management: Aditi Mukherjee

MARK FLANNERY DISCUSSES YEAR ONE AS SEC CHIEF ECONOMIST

J AY R I T T E R

Received the 2014 Federation of Schools Accountancy (FSA)/Joseph A. Silvoso Faculty Merit Award. The award honors a faculty member for distinguished contributions to the FSA, the profession of accounting, and to accounting education.

FISHER SCHOOL OF ACCOUNTING

TRADING ONE SEC FOR THE OTHER

• Management = 15 •  Center for Management Communication = 5 • Administration = 2

THE DEMANDS OF TODAY'S BUSINESS PROFESSIONALS ARE INCREASING AND EVOLVING.

THE WAIT IS

FINALLY

OVER

eavener Hall was made possible thanks to generosity of the College’s donors, including James W. “Bill” Heavener (BSBA ’70), whose lead gift spearheads a $35 million initiative to invest in undergraduate business education.

Heavener Hall includes nine contemporary classrooms, an open Commons for impromptu collaboration, 16 intimate study rooms, a large, multi-purpose area for events and organization meetings, academic advising space, a technology assistance center, office/meeting space for Heavener School of Business staff and a small café. Unifying these instructional spaces, student services and social areas in a single location will enhance the learning experiences of the School’s 4,000-plus students, and provide them a sense of community. Heavener Hall is the second state-of-the-art building to be constructed on the business campus in the past four years. Hough Hall, a $23 million facility that houses the College’s graduate studies, was completed in 2010. Gerson Hall, which houses the Fisher School of Accounting, was dedicated in 2004.

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UF MBA FULL-TIME PROGRAMS

MASTER OF SCIENCE IN INFORMATION SYSTEMS &

REASON FOR CHANGE: Broad and generic graduate business educations are becoming less viable in today’s marketplace. Employers are seeking business professionals with expertise in specialized fields.

OPERATIONS MANAGEMENT (ISOM)

CHANGES MADE: The full-time program was streamlined to five concentrations—Finance, Marketing, Real Estate, Strategy/ Management and Supply Chain Management—where the program possesses its greatest depth in coursework. Certain courses in critical areas such as Finance, Marketing and Operations were frontloaded so students could experience them sooner. The earlier exposure helps students decide on a concentration sooner and provides experience and confidence in these areas when applying for internships and full-time positions.

THE COLLEGE’S VISION OF HAVING ITS THREE SCHOOLS SUPPORTED WITH MAJOR PROGRAM ENDOWMENTS AND STATE-OF-THE-ART LEARNING ENVIRONMENTS CAME TO FRUITION IN NOVEMBER 2014 WITH THE DEDICATION OF HEAVENER HALL, THE COLLEGE’S NEW UNDERGRADUATE BUILDING.

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IN RESPONSE TO THESE CHANGES, THE COLLEGE'S PROGRAMS HAVE ENHANCED THEIR COURSES TO BETTER PREPARE OUR STUDENTS FOR A CHALLENGING BUSINESS CLIMATE. IN FACT, FOUR OF OUR PROGRAMS HAVE RESTRUCTURED THEIR OFFERINGS IN THE PAST TWO YEARS TO BETTER REFLECT THE NEEDS OF OUR STUDENTS.

WA R R I N G T O N . U F L . E D U

“We’re simply increasing our efforts and focus in what we do best. These changes accentuate our strengths, and increase our students’ likelihood to secure exceptional full-time and internship opportunities.” DR. ALEX SEVILLA Assistant Dean & Director of UF MBA Programs

UF MBA FOR PROFESSIONALS REASON FOR CHANGE: Demand from the marketplace initiated a shift in focus, as well as UF MBA’s leadership’s commitment to provide its Online and Professional students the same opportunity to customize their experiences as our full-time students. CHANGES MADE: UF MBA’s Online Programs will offer four focus areas, allowing our students to take a deeper dive into the areas that interests them. Electives specializing in these focus areas— Entrepreneurship, Finance, International and Marketing—will be offered at designated times during the course of the program. Focus areas will be offered in the Online Two-Year program beginning in Fall 2015, and in the Online One-Year in Fall 2016. UF MBA’s Professional Two-Year Program will also offer focus areas in Fall 2015. “We’ve been working closely with our Online and Professional students to continually enhance their learning experience. These focus areas will give them the flexibility to immerse themselves in a particular area of study that can benefit their current or future career track.” DR. ALEX SEVILLA Assistant Dean & Director of UF MBA Programs

REASON FOR CHANGE: With the emergence of “Big Data” and the market’s need for talented and resourceful analysts, the ISOM program added a third track—Business Intelligence & Analytics—to its offerings. The ISOM program also offers tracks in Information Technology and Supply Chain Management. CHANGES MADE: The courses Business Intelligence and Data Mining for Business Intelligence were added providing our students an even more in-depth look at digital data and its potential on customers, products and the global economy. "These changes will provide the tools for our graduates to compete and succeed in the businesses of tomorrow where data analytics is increasingly important." D R . H A L D U N AY T U G Karl. F. and Nancy J. Flammer Professor Chair, Department of Information Systems & Operations Management

FISHER SCHOOL REASON FOR CHANGE: The Fisher School’s Curriculum Committee routinely reviews the strength of the Master of Accounting (MAcc) program, and recommended several enhancements to keep pace with the evolving accounting industry. CHANGES MADE: The School has increased faculty over the past few years allowing the introduction of more courses and adding depth to the curriculum. The School also reintroduced three tracks—tax, audit, generalist—to provide Fisher students a more focused course of study while still maintaining the flexibility they previously enjoyed. Also, the School continues to emphasize the importance of communications skills for accountants by creating Advanced Business Communications for Accountants, a two-credit modular writing and speaking course designed specifically for those in the accounting profession. “The new program provides a curriculum that prepares our graduates for accounting in the 21st Century. In addition to the 'tracks', the curriculum expands exposure to data analytics, global accounting and auditing, forensic accounting, and financial statement analysis.” DR. GARY MCGILL J. Roy Duggan Professor Associate Dean and Director of the Fisher School

INTERNATIONAL CASE COMPETITION COMING TO HEAVENER

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he Heavener School of Business will host the inaugural Heavener International Case Competition (HICC) on Feb. 16-20, 2016.

Tucker said the School’s leadership has wanted to host an international case competition for some time, but felt the School didn’t have the right facility to host such an event. That is no longer an issue with the completion of Heavener Hall, a 57,000-square-foot, state-of-the-art building devoted to undergraduate education. With nine spacious classrooms, including an 80-seat lecture hall, and team learning areas like the Bill Alcorn Undergraduate Student Center and the Gary Rappeport Academic Success Center, Heavener Hall has all the necessary features to stage such an important competition.

“ M A N Y U N I V E R S I T I E S O V E R T H E Y E A R S H AV E P R O V I D E D US WITH AN OPPORTUNITY TO COMPETE,” SAID HORACE T U C K E R , A S S O C I A T E D I R E C T O R O F T H E H E AV E N E R S C H O O L O F B U S I N E S S . “ W E S E E T H I S A S O U R W AY O F G I V I N G B A C K .”

THE HEAVENER SCHOOL WON THREE INTERNATIONAL CASE COMPETITIONS IN THE 2014-15 ACADEMIC YEAR, AND FINISHED SECOND IN ANOTHER. THE TEAMS’ PERFORMANCES THIS PAST YEAR CONTINUES THE HEAVENER SCHOOL’S IMPRESSIVE RESULTS IN THESE RIGOROUS EVENTS, AND UNDERSCORES THE SCHOOL’S COMMITMENT TO GLOBALIZATION AND EXPERIENTIAL LEARNING.

The Heavener School has been competing in international case competitions the past eight years, providing students extraordinary experiential learning opportunities. While the School has actively traveled overseas for competitions, international case competitions held in the U.S. have trailed off in recent years. The hope is that HICC will become a premier and required destination for the world’s top business students.

HICC, sponsored by FedEx and Disney among others, is scheduled to be a 20-team competition with participants from North America, Europe, Asia and the Oceania region (Australia/ New Zealand). Tucker said 15 teams have already confirmed participating.

1ST PLACE

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Thammasat Undergraduate Business Challenge Aug. 5-9, 2014 Thammasat University Bangkok, Thailand

E: GO

OG LE

EARTH

Teams had 30 hours to devise a strategy on how to deal with a growing e-commerce industry in Southeast Asia for DKSH, a Swiss Market Expansion Services Group. The teams had to account for how to overcome consumer preference to shop in malls, overcome consumer fear of identity theft associated with online shopping and how to best service their existing client base in the changing market.

1st Runner-Up = University of Melbourne (Australia) 2nd Runner-Up = Maastricht University (Netherlands)

D I STA N C E A R O U N D E A R T H

24,902 Miles

2 ND PLACE International Case Competition at Maastricht University April 19-25, 2015 Maastricht University Maastricht, Netherlands The competition consisted of two short cases (three hours of preparation) in Rounds 1 and 2 and a long case (24 hours of preparation). The short cases accounted for a combined 40 percent of the teams’ preliminary round scores, and the long case accounted for 60%. The teams with the highest scores in each of the four divisions advanced to the final round.

1st Place = National University of Singapore 3rd Place = Hong Kong University of Science and Technology

D I S TA N C E H E AV E N E R S T U D E N T S T R AV E L E D F O R C A S E C O M P E T I T I O N S

1

ST

93,206 Miles

PLACE

Australian Undergraduate Business Case Competition Nov. 30-Dec. 5, 2014 Queensland University of Technology Brisbane, Australia Teams had to navigate through three rounds of preliminary competition before reaching the final round. The final case involved developing a 15-year plan for Australia Post, Australia’s national postal service. Teams had to devise a way to continue the entity’s profitability while its revenues declined due to fewer Australians sending letters.

2nd Place = National University of Singapore 3rd Place = University of Belgrade (Serbia) 4th Place = University of New South Wales (Australia)

1ST PLACE Champions Trophy Case Competition Jan. 25-31, 2015 University of Auckland Auckland, New Zealand This competition pushed teams to help solve the challenges faced by businesses and not-for-profit organizations. The competition’s three cases involved providing recommendations for a technology company involved in fitness, New Zealand’s largest distributor of electricity and gas, and a charitable organization dedicated to providing more accessible media to New Zealand’s vision- and hearing-impaired community.

2nd Place = Queensland University of Technology (Australia) 3rd Place = National University of Singapore 4th Place = University of Pennsylvania

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ACHIEVEMENTS ACCOUNTING STUDENT RECOGNIZED FOR LEADERSHIP

ACCOUNTING STUDENT OBTAINS EXCLUSIVE INTERNSHIP

Jerome Fulton received the Heavener School’s Distinction in Student Leadership and Service Award.

Cassidy Kallner (BSAc ’15, MAcc ’15) was one of only six students in the nation to be selected for a yearlong postgraduate technical assistant program with the Financial Accounting Standards Board (FASB), the premier institution that establishes financial accounting standards for business in the United States.

The award is presented to a student who has demonstrated outstanding leadership and service to the college through participation in student organizations and other extracurricular activities. Fulton, who has a 3.76 GPA and made the Dean’s list six times, served as a Mentor for the Heavener School of Business’ Florida Leadership Academy, and the Business Undergraduate Mentorship Program. He’s served as Community Service Director and Vice President of Finance for the Minority Business Society, and has participated in numerous university activities, including organizations dedicated to helping abused children and cancer patients.

FASB’s Postgraduate Technical Assistant Program gives recent graduate accounting students the chance to be involved with the organization’s accounting standard-setting process.

MBA STUDENTS RECOGNIZED AMONG BEST IN NATION Carly Escue and Jonathan Tenenbaum were recognized as two of the nation’s top MBA students by Poets & Quants. Escue, who graduated from the full-time program, was named to the P&Q’s “Class of 2015: MBAs to Watch.”She is now a Human Resources Advisor at ExxonMobil. Tenenbaum graduated from the Executive Program, and was named to P&Q’s “Class of 2015: The Best Executive MBAs.” Tenenbaum is the General Manager for NameJet, a domain name aftermarket auction company.

DUO INDUCTED INTO HEAVENER HALL OF FAME Kelsey Loftin (right) and Alex Mazur were the 2014-15 inductees into the Heavener Hall of Fame. The Heavener Hall of Fame is reserved for graduating business or accounting students who have exhibited superior leadership and achievement through their activities and scholarship while members of the Heavener community. Loftin served in prominent roles in numerous student organizations including Warrington Diplomats, Business Undergraduate Mentorship Program and Leadership Ambassadors. She earned a 3.58 GPA and was selected as a Warrington Finance Scholar, which recognizes the top 2 percent of the School’s finance students. Mazur served in important roles in the Career & Academic Mentor Program and Florida Leadership Academy. Mazur, a 3.66 GPA student, also created The Leadership Council, an honorary council for the leaders of the School’s top seven student organizations to communicate and exchange best practices.

WARRINGTON WELLREPRESENTED AT PRESIDENTIAL SERVICE AWARDS CEREMONY Seven students from the College were honored with UF’s Presidential Service Award on March 31 during a ceremony at the President’s House.

The Presidential Service Awards recognize students who have dedicated their time and efforts while at UF to promoting social justice, community awareness, and civic engagement on campus and in the community. The Loftin is a member of GE’s Financial Management Program in Cincinnati Presidential Service Awards while Mazur begins the IBM Watson BlueSpark Development in New York. are a chance to acknowledge those students who have made outstanding efforts towards community service and too often go unrecognized and unrewarded for their selfless labor. Franchesca Beatty (BSBA ’17): Beatty completed 114.5 hours of service, and primarily worked with underprivileged area youth.

ENACTUS MEMBERS RECEIVE IMPACT AWARDS Kelsey Noris and Harrison Porter received UF’s Impact Awards, sponsored by the university’s Center for Leadership and Service. The Impact Awards are given annually to recognize and celebrate UF students, faculty and community organization leaders who have devoted themselves to leadership and service over the past year. Noris, a third-year Business Administration student, won the Exemplary Service Partnership Award, which recognizes collaboration between a student group and a community group to provide service or create positive social change. Noris partnered with Walgreens through Enactus’ Food for Thought program, which helps educate the community on nutrition, wellness and green landscapes. Porter, a fourth-year Accounting student, won the Distinguished Mentor Award, which recognizes a student who has shown dedication and innovation as a mentor. Porter served as the Director of Emerging Leader Development for Enactus this year where we mentored 27 new members.

PH.D. CANDIDATE RECEIVES DELOITTE DOCTORAL FELLOWSHIP Devin Williams, a fourth-year Ph.D. candidate at the Fisher School, was one of 10 Ph.D. students in the U.S. to receive a $25,000 grant through the Deloitte Foundation Doctoral Fellowship program. The grant is awarded to students who plan to pursue academic careers upon graduation, and will support the recipients during their final year of coursework and the subsequent year to complete their doctoral dissertation.

Kaitlyn Czencz (BSBA ’17): Czencz completed 110.5 hours of service, and volunteered at the Humane Society and HarborChase Assisted Living, tutored children at a local Boys & Girls Club and prepared meals at the Salvation Army. Elizabeth Kleinfeld (BSAc ’15): Kleinfeld completed 320 hours of service. She cofounded and serves as Vice President of Dream Team, a student-run volunteer organization that donates time to children in cardiac care at UF Health Shands Hospital. Kelsey McKeag (BABA ’15): McKeag completed 139 hours of service, primarily with the Student Museum Advisory Council at the Harn Museum of Art and MentorUF, an organization within the Center for Leadership and Service. Abdul-Kader Okab (BSBA ’17): Okab completed 101.5 hours of service, primarily working with area youth and preparing meals for those in need. Griffin Plattner (BSBA ’15): Plattner completed 131.5 hours of service. Plattner, a member of Circle K International, participated in a variety of projects throughout the Gainesville community, including Salvation Army Dinners, a canned food drive and a back-to-school drive benefitting homeless students at a local elementary school. Karanbir Singh Sekhon (ISOM ’15): Singh Sekhon completed 165 hours of service, primarily through UF Student Government.

INTERNATIONAL STUDENTS RECEIVE UF HONORS Warrington College of Business students Manu Chandrasekaran, Shuangyu Li, Regine Moeller, Jomar Pecson and Angie Wang were recipients of the 2014 Outstanding Student Award from the University of Florida’s International Center. The Outstanding International Student Awards recognize the accomplishments of UF international students who not only meet exemplary academic achievement, but also a wide of range of accomplishments and contributions. Manu Chandrasekaran: Chandrasekaran (BSAc ’15) is involved in numerous community and campus leadership programs, including Florida Leadership Academy, Keys Governing Body and Indian Students for Honest Politics. Shuangyu Li: Li (MIB ’14) served as the main organizer for the Hong Kong Leadership Award Project, an annual event aimed at bridging the communication gap between Hong Kong and mainland China. Regine Moeller: Moeller (BSBA ’15), a United World College Scholar, has served as both Chapter Development Director and Vice President of Professional Development for UF’s chapter of the American Marketing Association. Jomar Pescon: Pescon (BSBA ’16) serves as Treasurer for Aero Gators, on the Communications Committee Staff of Florida Leadership Academy, and as Technology Director for UF’s International Business Society.

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Xi (Angie) Wang: Wang is pursuing a Ph.D. in Accounting. Wang’s research interests include financial voluntary disclosure, corporate governance and international accounting.

ENTREPRENEURSHIP

CHANGE AGENTS Warrington’s dedication to innovation is infused throughout the College’s programs, research centers and experiential learning opportunities. The 201415 academic year saw numerous new initiatives implemented that provide our students exciting and enhanced learning experiences.

100 REASONS TO CELEBRATE

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he entrepreneurial spirit is alive and well at the University of Florida, and the College was pleased to recognize UF’s most innovative and emerging companies during the inaugural Gator100 Awards on Feb. 6.

Doctor of Business Administration (DBA): The College’s DBA Program welcomed its inaugural cohort this past year. Fifteen seasoned executives from companies including Accenture, GE Capital Corp., Lexicon Global and Toyota, are pursuing a professional doctorate that will develop proficiency in applied research and provide candidates a broad-spectrum understanding of business topics in numerous fields.

The Gator100 recognizes the fastest-growing businesses owned or led by UF alumni. The Gator100 is presented by UF, Warrington and the College’s Center of Entrepreneurship & Innovation (CEI), and sponsored by the UF Alumni Association and Ernst & Young (EY). Fifteen of UF’s 16 colleges were represented in the Gator100, led by Warrington with 41 companies appearing on the list—including seven in the top 10. The top-ranked company was SoloHealth, an Atlantabased, health and wellness company, which had a compounded annual growth rate of 274.40 percent. SoloHealth, founded by business alumnus Bart Foster (BSBA ’97), provides self-service kiosks in more than 4,000 locations nationwide, including Walmart, Safeway and Sam’s Club among others.

2014-15 ENTREPRENEURIAL INITIATIVES Online MSE: In an effort to provide a larger audience of budding entrepreneurs with the necessary tools and knowledge to succeed, the College launched its Master of Science in Entrepreneurship (the Thomas S. Johnson Program) online. The Online MSE welcomed its first cohort in May.

Entrepreneurship in Haiti: CEI added a second international location to its Entrepreneurship & Empowerment program visiting Haiti in Spring 2015. Students work with Haitian entrepreneurs for seven weeks (six weeks online, one week in Haiti) to make their ventures sustainable. CEI visits South Africa during the summer.

Gator Hatchery: CEI debuted its student incubator this past year offering student entrepreneurs workspace, office support, mentoring and other resources necessary to launch startups faster.

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Heavener Career Week: In an effort to help better connect students and employers, the Heavener School of Business held its inaugural Heavener Career Week in February 2015. The three-day event, sponsored by Norfolk Southern, hosted more than 20 information sessions from companies including Deloitte, Disney, Fisher Investments, Google, Johnson & Johnson, Procter & Gamble, SunTrust Robinson Humphrey, Target and Wells Fargo. Topics discussed during the information sessions ranged from career paths, diversity in the workforce, interviewing and company culture. Employers were also given the opportunity to review internships and full-time job opportunities with students. Heavener Career Week was such a success that the event will be held twice in 2015-16. The Fall event takes place Sept. 28-Oct. 2, with the Spring date yet to be determined.

International Program. Dublin now joins London, Madrid, Paris and Rome as the most popular destinations for Heavener undergraduates. Heavener’s Sponsored International Programs are immersive study abroad experiences where students take UF business courses via electronic platform and at partner institutions. Students also can pursue internships in some of these locales. Dublin was added to the Heavener School’s offerings thanks to Ireland’s burgeoning economy. According to Forbes, Dublin is the European headquarters for Google, LinkedIn, Twitter and Facebook. Forbes ranked Ireland No. 4 in its annual Best Countries for Business list in 2014. Center for Career & Leadership Development: Year One of the Heavener School’s Center for Career and Leadership Development (CCLD) was a huge success. The CCLD was created last year to integrate the resources of the School’s Academic Advising/Career Coaching office and the Career and Leadership Programs office to provide a more comprehensive and cohesive service to undergraduate business students. In the 2014-15 academic year, Heavener’s Academic Advising and Career Coaching team had more than 13,500 appointments (phone, in-person, walk-in), impacting more than 80 percent of the undergraduate population. The Career and Leadership Programs office was equally successful in engaging undergraduate students with professional development and experiential learning opportunities that enhance the Heavener experience. Almost 2,000 engagement opportunities were generated through the Career and Leadership Programs office with 87 percent of participants reporting they were satisfied or extremely satisfied with their experience. Double Gators: To maximize the College’s incredibly talented crop of undergraduate students, UF MBA instituted the “Double Gators” Program—which allows undergraduate students to be considered for deferred admission to the program. Qualified applicants will have their admission deferred for approximately two years, allowing them to gain professional work experience. Upon completion of those two years, students will have a spot reserved for them in the program. Students are eligible for both UF MBA’s Full-Time and Professional Programs.

Dublin joins College’s study abroad programs: The Heavener School of Business added Dublin, Ireland as its fifth Sponsored

UF MBA COMMITS TO DIVERSITY UF MBA AND THE WARRINGTON COLLEGE OF BUSINESS ARE THE OFFICIAL ACADEMIC SPONSOR OF THE 37 TH ANNUAL NATIONAL BLACK MBA ASSOCIATION (NBMBAA) CONFERENCE AND EXPOSITION.

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he conference, one of the nation’s largest professional development and job recruitment events, takes place Sept. 22-26 at the Orange County Convention Center in Orlando. “The first step to increase diversity in U.S. corporate boardrooms is to increase diversity in the nation’s premier graduate business programs,” said Dr. S. Selcuk Erenguc, Senior Associate Dean of the Warrington College of Business and Director of the Hough Graduate School of Business. “NBMBAA’s commitment to advancing this cause is exceptional, and we’re proud to support its efforts by sponsoring this important event.”

WA R R I N G T O N . U F L . E D U

The conference attracts more than 9,000 attendees annually, and features speakers from Fortune 500 companies, workshops dedicated to leadership, networking and other business-minded activities, and information sessions with the nation’s premier MBA programs. “The inclusion of institutions of higher education during the National Black MBA Association annual conference plays an important role in demonstrating academic value for attendees seeking graduate business schools,” said Jesse Tyson, NBMBAA President and Chief Executive Officer. “As an academic partner, the University of Florida is a bridge from our organization to the

academic community where attendees gain insight into pursuing or enhancing graduate degrees.” UF MBA has supplemented the travel expenses of more than 80 UF MBA students in each of the past two years to NBMBAA’s national conference, helping them find enriching careers at some of the nation’s leading companies.

ALUMNI SPOTLIGHT

A STEADY

SUSAN CAMERON (BSBA ’80) Reynolds American

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usan Cameron’s legacy as one of the nation’s most successful female business executives was already secure. It’s the reward that accompanies years of leading a Fortune 500 company to unprecedented heights. So what would motivate Cameron, enjoying a blissful retirement after a brilliant 30-year career, to return to the corporate grind?

Tobacco (BAT), which owns 42 percent of Reynolds American, to supply nearly $5 billion in financing to complete the deal. “We knew it would be challenging,” Cameron said. “Lorillard had to be willing to sell, we had to be able to buy and we needed to find an international player for the divestiture package. It took a long 10 ½ months working with the FTC, but we’re delighted with the outcome.”

Call it loyalty and unfinished business. You can also call it historic. Cameron, the President and Chief Executive Officer of Reynolds American Inc., the No. 2 tobacco company in the U.S., led the successful acquisition of Lorillard—the nation’s No. 3 cigarette producer—for about $29.3 billion. The acquisition, which officially closed on June 12, is being hailed as the largest corporate deal ever executed by a female executive. For Cameron, it was simply fulfilling her duties as a chief executive. “I’m proud of the transaction, and not because I’m a woman,” Cameron said. “We enhanced shareholder value and strengthened our company. That’s what i was brought in to do.” The possibility of acquiring Lorillard had been on Reynolds’ radar screen for years, but the company never moved forward with a defined strategy during Cameron’s first tenure as CEO — which ended with her retirement in 2011. A year later, Reynolds’ leadership began discussions with Lorillard about a potential deal. Those talks stalled, and a deal between the tobacco giants seemed unlikely. That all changed when Cameron, a regular on Forbes’ and Fortune’s “Most Powerful Women” lists, returned as Reynolds’ CEO on May 1, 2014. Two-and-a-half months later, Reynolds declared its intention to purchase Lorillard. “There were several reasons for me to get reengaged,” said Cameron, 56. “The number one reason was I felt a loyalty to the company and to its people. The second reason was that I was very enthusiastic about wanting to complete this transaction.” This wasn’t Cameron’s first time leading a merger of tobacco titans—she guided Reynolds and Brown & Williamson through a $3 billion business combination in 2004. But the complexity of the Lorillard deal would give even the most seasoned executive sleepless nights. To satisfy antitrust regulations and receive approval from the Federal Trade Commission (FTC), a major facet of the deal was establishing Britain’s Imperial Tobacco Group as a legitimate competitor in the U.S. To that end, Reynolds sold three of its brands—Kool, Salem and Winston—to Imperial. Additionally, Cameron convinced British American

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So how did Cameron secure a lucrative and complex deal in a manner of months while her predecessor struggled to get any traction with Lorillard? The formula was rather simple: Articulate a clear vision, provide Lorillard the incentive to sell and exude assurance that the deal would be executed properly. And, not to mention, keep the major stakeholders engaged and confident throughout the long process. “With so many parties involved, managing relationships is critical,” Cameron said. “We put forward an attractive financial package that incented Lorillard shareholders to want to sell the business. We secured financing from BAT and we had a plan for a seamless integration of the businesses. Managing that process constructively brought confidence to our partners that we knew how to do this, and we had the experience to get it done.” Cameron’s impeccable leadership skills were formed during her years at the University of Florida. She said she loved marketing, and endured two semesters of calculus to pursue the major. Once she was exposed to the subject’s nuances, she was captivated. “Those were such formative years—the social dynamics, the leadership lessons you learn in business school,” said Cameron (BSBA ’80). “You had to become independent, and teach yourself to be self-sufficient.” That self-determination—and an innocent phone call in 1981—sparked what would become one of the most impressive ascents by a female business executive. Cameron, then living in Louisville, was unable to find her favorite brand of cigarettes, Barclays Menthols. She called Brown & Williamson, the brand’s manufacturer and then a subsidiary of BAT, and was informed the company didn’t have a local sales representative. That phone call turned into a job offer as Brown & Williamson hired Cameron for the sales role. She was promoted to District Sales Manager two years later, and then was appointed Brand Director of BAT in London in 1990. Cameron would remain overseas for almost a decade—serving as BAT’s Director of Marketing in Hong Kong and Head of International Brands back in London—before returning to the U.S. in 1999 as Brown & Williamson’s Senior Vice President of Marketing.

Two years later, Cameron was named President and CEO of Brown & Williamson, becoming the first woman to ever lead a major tobacco company. Cameron’s decade-long tenure leading Brown & Williamson, and later Reynolds American after the 2004 merger, was a period of incredible profitability and crucial innovation. Since Cameron’s appointment as President and CEO of Reynolds American in 2004, the company’s total shareholder return is approximately 700 percent. By comparison, the S&P 500’s total return was about 140 percent during the same timeframe. Cameron has also laid the foundation for Reynolds American to move into the e-cigarette arena, which has already become a $2.5 billion industry. Reynolds’ offering, VUSE, is the No. 1-selling electronic cigarette in the convenience store channel, and is available in approximately 100,000 retail outlets nationwide. “We’ve made a commitment to reduce the harm caused by smoking,” said Cameron, a former smoker who has been especially candid about the hazards of smoking. “We’re investing in alternative products that give our consumers choices. It’s the right thing to do.” Cameron has clearly broken through the glass ceiling in her exemplary career. Many businesswomen have not, and the balance between executive leadership and the workforce is disproportionately lopsided. According to Catalyst, a nonprofit organization dedicated to expanding opportunities for women in business, about 5 percent of S&P companies have female CEOs while women make up 45 percent of the labor force. Cameron, however, sees progress in the near future. “The generation of men that did not grow up with women as equal counterparts is now retiring,” Cameron said. “As a result, I believe there will be more and more opportunities for women. You need diversity in the workforce to conduct business, and women are an essential part of that. I’m a big believer that when men and women are together in leadership, it produces a better outcome.” Cameron’s dedication to creating better outcomes for her alma mater is evident with her service and generosity. She’s served on UF’s Board of Trustees since 2011, and established the Susan Cameron Professorship in 2007 to support the College’s faculty, among other efforts. “UF is where i received my formative education, and i have benefitted greatly from that over time,” Cameron said. “I’m committed to students, and committed to helping UF become a top 10 research university. Real success is the ability to give back and change the lives of others. I like to do that through education.”

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JOHN KRAFT HAS GUIDED WARRINGTON FOR 25 YEARS, AND HIS LEADERSHIP HAS PROPELLED THE COLLEGE TO UNPARALLELED HEIGHTS

HAND

John Kraft became the fifth dean in Warrington’s history. He arrived from Arizona State University’s College of Business where he served in the same role. UF MBA appears on BusinessWeek’s list of the nation’s top 40 programs for the first time.

A

bout a quarter of a century has passed since John

Kraft uttered those words,

1993

1996

UF MBA offers its first working professional program.

Al Warrington's (BSBA ’58) major gift established an endowment for faculty support. The College was renamed in his honor.

I THINK PEOPLE BECOME DEANS FOR A LOT OF REASONS. BUT I’M HERE AT FLORIDA TO HAVE THIS COLLEGE CONTINUE TO MOVE FORWARD AS ONE OF THE REALLY OUTSTANDING PROGRAMS IN THE COUNTRY.

The College launches its Online MBA program, then known as FlexMBA.

College institutes three specialized master’s programs leading to revitalization of graduate offerings.

JOHN KRAFT BUSINESS GAINESVILLE MAGAZINE AUGUST 1991

but his commitment to the College’s advancement is just as strong as it was

providing them the resources to excel in their

when he became Warrington’s fifth dean in 1990.

scholarly endeavors. He helped introduce the

GRADUATE GROWTH

College to the benefits of entrepreneurship and Kraft guided the College’s fundamental shift

international education, which now permeate

from an undergraduate-dominant program to one

throughout the College.

When Kraft arrived in 1990, the College had four graduate offerings—the Master of Accounting, the full-time MBA, and Ph.D. programs in Economics and Business.

that emphasizes graduate education to better compete with the nation’s best public business

Kraft achieved all those feats despite two

schools. He led an innovative expansion of

crippling recessions and maintaining a busy

program offerings providing one of the most

Now, Warrington boasts 22 graduate programs at the master’s and doctoral levels.

teaching schedule.

comprehensive business educations in the U.S. He continues to be a champion for the

His efforts have helped the College evolve into one

College’s faculty—not only assembling one of the

of the nation’s top public business schools. Here’s

nation’s best collections of thought leaders—but

a look at 25 years of Warrington’s development.

WARRINGTON DEANS WALTER J. MATHERLY (1926-1954): Matherly was selected to lead the newly formed School of Business Administration in 1926. By 1933, the School was accredited by the Association to Advance Collegiate Schools of Business (AACSB) and was renamed the College of Business Administration.

WORLD’S LONGEST-TENURED AACSB DEANS

31  27  25  25  19 

A S S A D T AV A K O L I

YEARS

DONALD HART (1956-1968): Hart’s tenure was known for stressing fundamental concepts, and valuing education over training. Under Hart’s direction, the College reduced its major field from 18 to 9 to offer a more focused business education.

A N D R E A S A LT M A N N

YEARS

ROBERT LANZILLOTTI (1969-1986): The College’s current identity began to take shape during Lanzillotti’s leadership. His focus on hiring quality faculty and building the College’s financial stability was paramount to its success.

JOHN KRAFT

YEARS

Fayetteville State University (N.C.)

ALAN MERTEN (1986-1989): Merten spent only three years leading the College. He went on to serve as dean of Cornell University’s Johnson Graduate School of Management and as president of George Mason University. JOHN KRAFT (1990-PRESENT): Kraft made two previous stops at the College before becoming dean. He was an assistant professor of economics from 1970 to 1979. After a brief spell in Washington D.C., he returned in 1980 and served as director of the Bureau of Economic and Business Research. He was named associate dean in 1981.

MCI Management Center (Austria)

Warrington College of Business

OLIVIER OGER

YEARS

EDHEC Business School (France)

YEARS BERNARD RAMANANTSO A

HEC School of Management (France)

S O U R C E : A A C S B I N T E R N AT I O N A L

“Obviously, things have changed dramatically here,” Kraft said. “If you look back then, everything was focused on the MBA. It wasn’t until the late 1990s and early 2000s that these other graduate opportunities evolved. It allowed us to grow our graduate programs, but also to get a better mix for the type of faculty we wanted to have.” Kraft attributes the meteoric growth of Warrington’s specialized master’s programs to two major occurrences. First, MBA programs began requiring more work experience, which meant recent graduates didn’t have the career knowledge to meet these requirements. Also, specialized master’s programs were becoming increasingly popular in Europe, which caught Kraft’s and the College’s attention.

So the College acted quickly. By 2000, Warrington implemented specialized master’s programs in Information Sciences and Operations Management, International Business and Management. The Master of Science in Finance (The William R. Hough Program), the Master of Science in Entrepreneurship (The Thomas S. Johnson Program), and the Master of Science in Real Estate (The Nathan S. Collier Program) were all created within five years. UF MBA experienced a surge as well during this time. Its Professional programs began in 1993, and UF MBA’s now world-renowned Online Program kicked off in 1999. A third full-time option—a 12-month program open to students from any undergraduate major—was implemented in 2003, and the Professional MBA in South Florida, which caters to business professionals in and around Miami, began in 2004. The College's graduate initiative was further enhanced by the transformative $30 million gift of William R. “Bill” Hough (MBA ’48), which established the Hough Graduate School of Business.

GRADUATE PROGRAMS AT WARRINGTON SPECIALIZED MASTER’S (6)

OTHER MASTER’S PROGRAM

PH.D. (5)

→ MS Entrepreneurship (Johnson)

→ Master of Accounting

→ Accounting

→ MS Finance (Hough) → MS Information Systems & Operations Management → Master of International Business → MS Management → MS Real Estate (Collier)

MBA (9) → Full-Time (3) → Executive → Online (2) → Professional (2) → South Florida

→ Finance → Information Systems & Operations Management → Management → Marketing

DOCTORATE (1) → Doctor of Business Administration

20

WA R R I N G T O N . U F L . E D U

2014-15 = $ 178.0 million

2010-11 = $ 155.3 million

Addition of Master of Science in Real Estate (The Nathan S. Collier Program) becomes College’s sixth specialized master’s program.

William R. “Bill” Hough (MBA ’48) gives $30 million to the College, the largest private gift ever received by UF at that time. The College’s graduate school is renamed in his honor.

College establishes the Post-Doc Bridge Program.

Hough Hall, the College’s graduate school building, is officially dedicated. UF MBA’s Online program named one of the two best in the world by The Economist.

STAYI NG ON E STEP AH EAD OF TH E COMPETITION ISN ’T A LUXURY AT WARRINGTON… IT’S A NECESSITY

“That’s what the exciting part is,” Kraft said. “We’d like to have more resources because it allows us to do more. But I think the key is maximizing what you have, and also finding the areas we can exploit given our competitive advantage, which I think is considerable. We’ve been able to offer huge differentiation while also operating in a fairly low cost environment. “It’s like looking across the field and coming up with a new game plan. In our business, you’re trying to figure out strategies that don’t exist.”

THUS FAR, THE COLLEGE’S INNOVATION HAS LED TO MEANINGFUL INITIATIVES… Distance Learning: Warrington’s investment in technology and commitment to providing a quality business education to the global community has established the College as a leader in distance learning. “Technology has a big influence on what we do,” Kraft said. “It allows us to reach a wide range of students, but also fits the way people are learning. Whether it’s simulations or cases, managing the curriculum, or students working on projects—and working together in different locations—it creates more flexibility.” The College was an early adopter of distance learning, and launched its Online MBA—then known as the FlexMBA—in 1999. Since then, the College has been routinely recognized as one of the world’s best. The Financial Times ranked UF MBA’s Online Program No. 3 in the world and No. 1 in the U.S. in its “Online MBA 2015 Rankings.” Unique Offerings: When AACSB International estimated that the U.S. would have a doctoral faculty shortage of approximately 2,500 Ph.D.s by 2012, the College was one of the few schools in the world to act. In response, Warrington instituted the Post-Doctoral Bridge (PDB) Program, which prepares scholars from non-business disciplines for teaching and research careers in business schools. Since the program’s debut in 2008, 128 participants have successfully

22

Al and Judy Warrington give $75 million—the largest gift in UF history—to the College. Warrington’s combined gifts to UF reach $100 million.

John Kraft celebrates 25th year as Warrington’s Dean.

2005-06 = $ 97.6 million

Completion of Heavener Hall brings the College’s vision of each of its schools supported with major program endowments and stateof-the-art facilities to fruition.

THE POWER OF INNOVATION The business education landscape is evolving, and with modest financial support from the state, the College has had to continually craft innovative strategies to keep pace with the nation’s top business schools. Although it’s an unenviable position, Kraft revels in the challenge.

Alumnus Bill Heavener pledges lead gift in $35 million investment in undergraduate business education.

BUILDING FINANCIAL

STRENGTH

The College’s innovation in doctoral education continued in 2014 with the introduction of the Doctor of Business Administration (DBA) program—a professional doctorate that emphasizes the application of theory to actual business issues, allowing professionals to pursue careers in higher education, consulting, or a return to their field.

For years, Kraft has envisioned having state-of-the-art buildings for its undergraduate, accounting and graduate students. That vision came to fruition this past November with the dedication of Heavener Hall, the College’s new undergraduate building.

Warrington is only one of two business schools in the world to offer both the Post-Doctoral Bridge Program and the Doctor of Business Administration. Grenoble Ecole de Management (France) is the other.

While the structures are impressive, it’s what goes on inside those new walls that are of importance to Kraft.

completed the program, and gained AQ (Academically Qualified) status to instruct in business.

Advanced Resources: The College prides itself on offering students inventive academic and professional resources not provided at most business schools.

Some of those resources are…

→  A Capital Markets Lab with Bloomberg Terminals, Thompson

“NEW BUILDINGS ARE NICE; T H E Y ’ R E A N E C E S S A RY PA R T, ” KRAFT SAID. “BUT IT’S NOT JUST THE BUILDINGS. IT’S THE ENVIRONMENTS THEY C R E A T E F O R T H E F A C U LT Y A N D T H E S T U D E N T S .”

Datastream, Reuters and a wide spectrum of real business applications provides our finance students a professional environment mirroring what they will encounter working for investment firms on Wall Street.

→  The College’s Active Learning Studio combines students’

increasing use of technology with collaborative learning—two elements that are significant to the education of today’s college students. Theater-style seating and traditional lectures have been substituted with in-depth discussions and team activities.

→  Heavener Hall’s Discovery Cube offers online behavioral tests

that aid students in discovering their personal and professional strengths, and the career fields most conducive for success.

Career & Leadership Programs: A major emphasis for the College is to instill dynamic leadership skills in our undergraduate students. This has been achieved through the establishment of innovative programs and activities involving peer-to-peer mentoring, community service and career assistance. Currently, the Heavener School of Business has 10 Career & Leadership Programs that support the personal and professional development of our students through knowledge and experiential learning opportunities.

GERSON HALL HOME OF THE FISHER SCHOOL OF ACCOUNTING

1995-96 = $ 29.1 million 1990-91 = $ 14.4 million

Kraft’s dedication to providing the best learning environment for faculty and students has led to impressive growth and financial stability. The College’s endowment has increased by more than $160 million during Kraft’s tenure, and 48 faculty members have been bestowed named chairs, professorships or fellowships.

ENDOWMENT GROWTH

HOUGH HALL H O M E O F T H E G R A D U AT E SCHOOL OF BUSINESS COMPLETED

COMPLETED

2010

2004

COST

COST

$23 million

$9.3 million

SIZE

SIZE

7 0 , 0 0 0 SQUARE FT

3 6 , 0 0 0 SQUARE FT WA R R I N G T O N . U F L . E D U

2000-01 = $ 91.1 million

HEAVENER HALL HOME OF THE SCHOOL OF BUSINESS COMPLETED

2014 COST

$23 million SIZE

5 7 , 0 0 0 SQUARE FT

GLOBALIZATION AND ENTREPRENEURSHIP ARE IMPORTANT THEMES THAT PERMEATE THROUGHOUT THE COLLEGE, AND ARE ENTHUSIASTICALLY CHAMPIONED BY KRAFT. THESE INITIATIVES PROVIDE A REAL-WORLD DEPTH AND PERSPECTIVE TO THE COLLEGE’S CURRICULUM

W

e can’t get away from our core disciplines like marketing, finance and management,” Kraft said. “But there are synergies between globalization

and entrepreneurship, and the discipline areas. They are very

important to us.”

Although globalization is stressed in the College’s academic offerings—notably the Master of International Business program—its true value is seen in Warrington’s study abroad opportunities. Warrington’s study tours and exchange programs provide international experiences of varying depths to give our students a firsthand glimpse of global business practices.

“The world is changing, and the best way to acquaint students is to put them overseas, whether it’s for two weeks, a semester or a year,” Kraft said. “Many of them are going to wind up working for companies that aren’t headquartered in the U.S. They’re probably going to be doing business, sourcing or seeking finance overseas. We’re aware of that, so we need to provide them an influential experience.”

The College’s entrepreneurial initiatives have increased exponentially led by the Center for Entrepreneurship & Innovation (CEI). Courses in high-tech entrepreneurship, social entrepreneurship, venture finance, and innovation and sustainability, are now mainstays. The Center also engages in entrepreneurial activities that assist U.S. veterans starting their own businesses, teach entrepreneurship principles to faculty around the world, or provide funding for promising start-ups through a business plan competition.

GLOBALIZATION BY THE NUMBERS

7% Undergraduates that studied abroad in 2004

BUSINESS A DVI S ORY COUNCIL WILLIAM (BILL) J. ALCORN Retired CHARLES E. BALL Managing Director, Andlinger & Company, Inc. JORGE L. BENITEZ Retired KELLEY A. BERGSTROM Chairman, Bergstrom Investment Management, LLC

48%

BRENT BERTHY Founder, Invivo Corp.

Undergraduates that studied abroad in 2014

LAURIE B. BURNS Senior Vice President, Chief Development Officer, Darden Restaurants, Inc.

SINCE 2004

2,987 Undergrads who completed a study abroad experience

1,226 Undergrads who participated in College-sponsored program (London, Madrid, Paris or Rome)

433 Undergrads who participated in exchange program

ENTREPRENEURSHIP BY THE NUMBERS

4 Academic programs with entrepreneurship focus

13 Student engagement opportunities offered by CEI

25 Entrepreneurship courses offered in 2014-15

JANICE F. CELLIER Divisional Sales Director, Wirehouse Division Invesco NATHAN S. COLLIER Principal and Chairman The Collier Companies COLEMAN W. CORDELL Managing Director Bank of America Merrill Lynch JOHN H. DASBURG Chairman and Chief Executive Officer ASTAR USA, LLC DANIEL M. DUPREE Chief Investment Officer & Vice Chairman of the Board Preferred Apartment Communities CHARLES B. ELDRIDGE Senior Client Partner Korn/Ferry International S. SELCUK ERENGUC, PH.D. Senior Associate Dean and Director, Hough Graduate School of Business Warrington College of Business DEBORAH L. FERRÉE Vice Chairman and Chief Merchandising Officer DSW, Inc. FREDERICK E. FISHER Retired G. THOMAS FRANKLAND Retired GLENN S. FREED, PH.D. Chief Executive Officer and Chief Investment Officer Vericimetry Advisors, LLC BRIAN GAMACHE Retired JEFFREY GOLD Chief Executive Officer myoscience, inc

24

WA R R I N G T O N . U F L . E D U

JAMES F. HAMMEL President and Chief Executive Officer Blue Water Holdings-Doral, Inc. O. MASON HAWKINS Chairman and Chief Executive Officer Southeastern Asset Management, Inc JAMES W. “BILL” HEAVENER Chief Executive Officer The Heavener Company WILLIAM “BILL” R. HOUGH Financial Consultant—Senior Portfolio Manager RBC Wealth Management GEORGE W. HOWARD Senior Partner (Owner) Managing Director Europe/Asia Gibson Consulting, LLC THOMAS S. JOHNSON President La Hacienda Del Cielo, LLC KEITH T. KOENIG President City Furniture JOHN KRAFT, PH.D. Dean Warrington College of Business CHIP LANE President Sealane Marketing ROBERT F. LANZILLOTTI, PH.D. Dean Emeritus Warrington College of Business BRUCE LAVAL Retired ROBERT N. LOWE, JR. Managing Director Alvarez & Marsal, LLC ERIC W. MANDELBLATT Founder, Managing Partner and Chief Investment Officer Soroban Capital Partners, LLC GARY MCGILL, PH.D. Associate Dean and Director, Fisher School of Accounting Warrington College of Business KENNETH R. MCGURN, PH.D. President McGurn Investment Co. LINDA MCGURN Corporate Attorney/Accountant McGurn Investment Co. MICHAEL A. MCNEAL Entrepreneur JOELEN K. MERKEL Retired

DAVID F. MILLER JR. Entrepreneur ALAN S. PAREIRA Chief Executive Officer Florida Atlantic Securities Corp. BEN A. PLOTKIN Executive Vice President, Stifel Nicolaus Vice Chairman, Stifel Financial Corporation CHARLIE POE, JR. Chief Investment Officer Grand Central Investment Group GARY M. RAPPEPORT Principal & Chief Executive Officer Far Horizons Capital BRIAN RAY, PH.D. Associate Dean and Director, Heavener School of Business Warrington College of Business THOMAS D. ROGERS President CBMS M. G. SANCHEZ Chairman, Executive Committee Florida Capital Group FREDERIC A. SCAROLA Managing Partner Covenant Capital Group LLC ALEX C. SMITH Chief Executive Officer & Principal Meritage Capital L.P. LAURENCE R. SMITH Chief Investment Officer Forefront Capital Management ANDREA A. SPOTTSWOOD Partner Moore & Spottswood, CPA CHARLES B. STUZIN President SF Partners, Inc. TOMMY N. THOMPSON President Thompson Homes, Inc. M. ALLAN VIGIL Owner and Chief Financial Officer Allan Vigil Ford ALFRED C. WARRINGTON, IV Entrepreneur MICHAEL WATFORD Chairman, Chief Executive Officer and President Ultra Petroleum Corp. GEORGE WILSON Retired

RANKINGS

PROGRAM PROFILES

MBA US NEWS

Full-Time

16

th   Among Publics

US NEWS

Internet MBA

4

th   In the nation

Part-Time

17 th   Among Publics FI NANCIAL TI MES

Online MBA

1 st   Among Publics 3 rd   Among all global online MBA programs

THE ECONOMIST

Executive MBA

35 th   Among Global Programs 22 nd   Among U.S. Programs 8 th   Among U.S. Publics

FISHER SCHOOL OF ACCOUNTING US NEWS

Undergraduate

7 th

(Among Publics)

PUBLIC ACCOUNTI NG REPORT

Undergraduate

8 th

Graduate

8 th

Graduate

8 th Doctoral

16 th

HEAVENER SCHOOL OF BUSINESS

Master of Science in Information Systems and Operations Management

Master of Science in Entrepreneurship

Master of Science in Finance

Master of Accounting

347

59

56

162

Students Enrolled

Students Enrolled

Students Enrolled

Students Enrolled

620

615

671

619

Average GMAT

Average GMAT

Average GMAT

Average GMAT

62 %   71 %

64 %   19 %

84 %   7%

16 %  

58 %     42 %   10.5 %

 

38 %  

 

36 %  

 

International Students

International Students

International Students

International Students

Master of Science in Management

Master of International Business

Master of Science in Real Estate

MBA Full-Time

193

201

38

72

Students Enrolled

Students Enrolled

Students Enrolled

Students Enrolled

604

607

613

670

Average GMAT

Average GMAT

Average GMAT

Average GMAT

44 %   23 %

44 %   22 %

82 %   16 %

64 %   13 %

 

56 %  

International Students

 

56 %  

International Students

 

18 %  

International Students

 

36 %  

International Students

MBA for Professionals Ph.D.

UNDERGRAD

453

67

4,620

Students Enrolled

Students Enrolled

Students Enrolled

593

716

By Major:

Average GMAT

Average GMAT

71 %   6%

66 %   60 %

 

29 %  

International Students

 

Finance.............................. 1,448 General Studies.................. 1,090 Accounting......................... 587 Marketing . . ......................... 624 Management...................... 374 Economics.......................... 344 Information Systems.......... 153

34 %  

International Students

(Among Publics)

55 %   13 %

 

45 %  

International Students US NEWS

18 th Overall

SPECIALTY C ATEGORIES

4 th   Real Estate 7 th   Quantitative Analysis 9 th   Marketing 11 th   Finance

FISCAL YEAR 2014–15 SOURCES OF FUNDS State Resources Entrepreneurial Activities Operating Revenues

USES OF FUNDS $

62,394,236

Salaries & Benefits

$

36,561,919

23,959,327

Other Personnel Services

$

10,462,491

1,028,865

Operating Expenses

$

16,158,983

$

Contracts & Grants

$

Endowment Earnings & Gift Transfers

$

9,742,886

Scholarships & Financial Aid

Miscellaneous Revenue

$

1,314,869

Waivers & Fellowships

98,440,183

University Subvention

( $ 18,762,811)

Overhead Taxes on Other Resources

( $ 14,622,489)

TOTAL SOURCES

$

TOTAL USES NET

26

WA R R I N G T O N . U F L . E D U

$

978,434

$

$

917,775

98,464,902 ( $ 24,719)

GLOBALIZATION THE COLLEGE’S COMMITMENT TO PROVIDING OUR

MBA CAREER PLACEMENT SUCCESS

STUDENTS A GLOBAL BUSINESS EDUCATION WAS AGAIN DEMONSTRATED IN 2014-15 AS A COMBINED 723 STUDENTS PARTICIPATED IN A STUDY ABROAD EXPERIENCE.

IN 2014–15, UF MBA CELEBRATED ONE OF ITS MOST SUCCESSFUL YEARS PLACING STUDENTS AT SOME OF THE WORLD’S ELITE COMPANIES.

COUNTRIES VISITED

28

ARGENTINA

GERMANY

POLAND

AUSTRALIA

GREECE

SOUTH AFRICA

AUSTRIA

INDIA

SOUTH KOREA

BELGIUM

IRELAND

SPAIN

BRAZIL

ITALY

SWEDEN

CHILE

JAPAN

SWITZERLAND

CHINA

LUXEMBOURG

TAIWAN

COSTA RICA

MEXICO

THAILAND

CZECH REPUBLIC

MOROCCO

TURKEY

DOMINICAN REPUBLIC

NETHERLANDS

UNITED ARAB EMIRATES

EGYPT

NEW ZEALAND

UNITED KINGDOM

FRANCE

NORWAY

35

305

418

COUNTRIES VISITED

GRADUATE STUDENTS WHO

UNDERGRADUATE STUDENTS

PARTICIPATED IN A STUDY

WHO PARTICIPATED IN A STUDY

ABROAD EXPERIENCE

ABROAD EXPERIENCE

WA R R I N G T O N . U F L . E D U

HERE IS A BREAKDOWN OF THE PROGRAM’S SUCCESS, AND WHERE OUR TALENTED GRADUATES WILL BE CONTINUING THEIR CAREERS…

Sample of companies where UF MBA students (Classes of 2014 and 2015) secured full-time positions: Anheuser-Busch InBev AT&T Bank of America Berkadia Bloomin’ Brands Bosch Cognizant CSX Darden Restaurants Dell Dish Network Eaton Ernst & Young ExxonMobil FMI Consulting

Ford Motor Company Google IBM Indeed.com Jardin Consumer Products Johnson & Johnson Liberty Mutual Mars McKinsey & Co. Microsoft Naylor NextEra Energy Orion Consulting Philips Procter & Gamble

Prometheon Pharma Ram Real Estate Reckitt Benckiser ROI Revolution Ryder SharpSpring The Home Depot The Walt Disney Company Toyota Universal Health Services UPS USAA Wells Fargo Wyndham

CLASS OF 2015 PROFILE*

4 th

96 %

UF MBA’s employment at graduation ranking (80%) among all US public MBA programs

Percentage of graduates who secured positions within three months of graduation

$

100 k

Median starting salary

$

* Data as of Aug. 1, 2015

13.5 k

Median signing bonus

40 %

60 %

Percent increase in combined base salary and salary bonus since 2012

Percentage of UF MBA graduates who secured positions outside state of Florida

DONOR HONOR ROLL FY1 5 $ 100,000+ Advance Business Associates LLP Anonymous (3) Bloomberg L.P. Deborah L. Ferree Karl F. & Nancy J. Flammer Brian R. & Tamara R. Gamache Bruce W. & Laura E. Gross James W. & Christie C. Heavener Gary M. & Angela Rappeport Raymond James Charitable Endowment Fund Walgreens Family of Companies Fregly Foundation, Inc. Watford Family Foundation

$ 5 0,000   -  $ 99, 999 Anonymous (3) Susan M. & Russell Cameron City Furniture M. Timothy & Toni M. Clark Troy M. & Julianne S. Davis Deloitte Foundation Florida Power & Light Co. Anjan K. & Mrs. Anupurba Lahiri OSI Restaurant Partners LLC Rick & Lynn M. Scarola Michael D. Watford The Winston-Salem Foundation

$ 25,000   -  $ 4 9, 999 John T. & Kimberly T. Abate Alex & Kim Smith Family Foundation AJAX Building Corp. Anonymous (2) Charles F. & Janice F. Cellier Chico’s Retail Services, Inc. J. Michael & Mary Anne Cook Michelle S. & Robert B. Diener Duke Energy Gulf Power Co. The Heavener Foundation, Inc. Hypermarcas SA JC Penney, Inc. Jeffrey C. & Karen C. Jones KPMG Foundation PricewaterhouseCoopers LLP (2) Primundo Viagens e Eventos Robert & Michelle Diener Foundation Alex C. & Mrs. Kim Smith M. Allan & Bonnie Vigil Alfred C. & Judy A. Warrington James H. & Mary B. Winston Scott & Lauren B. Zimmerman

$ 10,000 -  $ 24, 999 Akerman LLP Anonymous (6) Bank of America Brian C. & Kimberly L. Beach Beall’s, Inc. Branch Banking & Trust Co. BrandsMart U.S.A. Bridgestone/Firestone Trust Fund Joseph F. & Theresa A. Cannella Donald & Carole Chaiken Foundation Donald Chaiken Robert E. & Sharon Z. Chevalier Chicone Family Foundation Jerry J. Chicone, Jr. ChinaSense CliftonLarsonAllen LLP The Coleman Foundation, Inc. Collier Enterprises Susan J. & James R. Comerford, Jr. Jason R. & Susan G. Connery Disabled American Veterans Ronald L. & Kathryn A. Edwards Charles B. & Mrs. Jan B. Eldridge Epoch Properties, Inc. Ernst & Young Foundation Robert A. & Judith A. Faber The Fabrize Foundation, Inc. Robert O. Fabrize FedEx Services Florida Public Service Commission Matthew & Doris B. Geller Jeffrey G. & Diane de Seve Gold John H. Gray William D. & Elizabeth H. Hussey Intl. Council of Shopping Centers, Inc. Thomas S. & Jane Johnson Jack D. & Betty J. Lampros Jones Lang LaSalle Americas Robert N. & Tammi L. Lowe West L. Ludwig David P. Lyons (d) Macy’s/Bloomingdale’s Robert W. & Janis C. McMullen Becky B. Moore & W. David Ellrich, Jr. Henry H. & Peggy B. Miyares Lori G. & Kevin S. Nissen Vincent A. & Jane M. Perla Vin A. & Pamela M. Perella Skye R. & Shana T. Perry Prida-Guida & Co., P.A. Luciano L. & Linda A. Prida Xavier E. & Mrs. Ember J. Prida Steven K. Rainey Salus Capital Partners LLC Martin L. & Mary A. Schaffel Mark B. & Katherine B. Schnitzius Loreen M. & Marc A. Spencer Stewart Education Foundation Steven N. & Vicki J. Stolberg Robert H. & Carmen L. Thibault Steve & Holly L. Thibault T.O.P. Jewish Foundation, Inc. Harris A. & Julie R. Trifon

Charles W. & Sylvia E. Uhrig Craig T. Ustler Steven H. & Cynthia H. Weiss Wells Fargo Bank, N.A. Winn-Dixie Stores, Inc. Mark E. & Karen E. Wolfson James R. & Janice E. Zilisch

$ 5,000 -  $ 9,999 Scott L. & Sara M. Adams Anonymous (2) Apartment Realty Advisors of Florida LLC Gerard A. & Nancy L. Arsenault E. Hunter Beebe David P. & Dana A. Berg Allison L. Bergstrom Bergstrom Investment Management LLC The Bond Foundation, Inc. Russell W. & Jean Z. Carpenter CBRE Cherry Bekaert LLP Chicago Title Insurance Co. CNL Commercial Real Estate Monisa K. Cline Jeff Conn Christopher M. James & Hillary Y. Craven Robert P. & Jennifer J. Crouch Deloitte Services LP Duke Realty Services LP Enactus Mitchell A. & Dawn M. Epstein Ernst & Young LLP ExxonMobil Corp. Kelley A. & Patricia N. Ezell Florida Municipal Electric Assn., Inc. FrontStream Gainesville Regional Utilities Gardner, Brewer, Martinez-Monfort, P.A. Gary L. French Brian S. & Robin F. Gale Glenn N. & Bonnie S. Geffner Saul D. Goodman & Nathalie Rubens Grant Thornton Foundation (2) Walter S. Hagenbuckle James R. & Catherine M. Hanlon James C. Harper, Jr. C. Harold Hippler, Jr. (d) Thomas A. & Zandra P. Horkan Infinite Energy, Inc. Johnson, Pope, Bokor, Ruppel , et.al George J. & Christine M. Kehl Thomas A. & Ann G. Kimbler Michael L. & Kimberly L. Kohner George C. Lawrence Liberty Mutual Group, Inc. Lockheed Martin Corp. Bert T. & Carmen S. Mills Brian P. & Lynn T. Mitchell NAI/Hallmark Partners LLC Martin D. & Starr P. Nass NextEra Energy Foundation, Inc. Norfolk Southern Foundation Northrop Grumman Corp. William R. Pollert PricewaterhouseCoopers LLP Ratner Cos. Raymond James & Associates, Inc. Regions Bank Sean M. Richards Jerrold S. Rosenbaum Ruodan Shao Ryder System Charitable Foundation, Inc. Laurence R. & Margaret Saba-Smith James A. & Mrs. Nouchine O. Stidham SYSCO Corp. Robert Tache Target Corp. Walker & Dunlop LLC Donald B. & Julie D. Weidenfeld Wells Fargo Foundation J. Hulon & Joan J. Williams

$ 2,5 00 -  $ 4,999 Steven G. & Jane A. Adams AGL Resources Altman Development Corp. Altria Group, Inc. Beth Amy & Marc C. Angelo Thomas R. & Dayna W. Arnold Dirk S. & Marnie F. Aulabaugh William F. & Katherine C. Bahl Bank of America Foundation BBX Capital Corp. Daniel L. & Lindsay R. Beiley Bergen County United Way Berger Singerman LLP Berkowitz Pollack Brant Bilzin Sumberg Baena Price & Axelrod LLP Marc W. Bjorkman Blue Water Bay Alexandra M. & Brad Bond Richard L. & Hilda H. Brown Carlson Family Foundation Sean D. & Amy H. Casterline CCIM Florida Theodore F. Chive Thomas A. & Wendi R. Christensen Reverend Paul H. & Linda A. Cleveland CNL Bank ContraVest Management Co. Cushman & Wakefield, Inc. Jonathan J. & Sheila H. Davies Deloitte Delta Capital Management LLC Disabled Veterans National Foundation Lauren Z. & Charles W. Dowling, Jr. EastGroup Property Services of FL LLC Echelon LLC Eli Lilly & Co. Foundation ExxonMobil Foundation

Arthur A. & Amelia Finkle Florida Grocery Manufacturers’ Reps. Inc. Florida West Coast Grocery Manufactures Florida Hospital Medical Center Florida Public Utilities Front Street Commercial Real Estate James E. & Nancy L. Fulford General Dynamics Robert E. Given GrayRobinson, P.A. Harris Corp. John C. Hemenway Highwoods Realty L.P. Todd L. Hilde Holland & Knight LLP Holliday, Fenoglio, Fowler, L.P. Insight Worldwide, Inc. James Izzo II & Kristina Raattama Johnson & Johnson JPMorgan Chase (2) Avery Ryan & Joan S. Klann George W. Kruse, Jr. Ben & Mary E. Latham Darryl A. LeClair Jason M. Manstof Joe N. & Elizabeth L. Marconi Martin Chernoff, C.P.A. McGladrey LLP Steven E. McCraney Krishna K. Memani Joelen K. & Robert G. Merkel MetLife MEW Commercial LLC Mezzanine Partners LLC Mill Creek Residential Trust LLC Jay L. & Alexandra E. Sullivan-Miller David P. & Josephine Nichols Norton, Hammersley, Lopez & Skokos, P.A. Jesse B. & Florence E. Ostrum Laurence M. & Stacey Pfeffer Pinch-A-Penny, Inc. The PNC Financial Services Group Prudential Financial Michael P. & Shari M. Quackenbush RA CO Real Estate Advisors LLC Ram Realty Services Alison M. Rand Steven M. & Natalie E. Raney Regency Centers LP Sean M. & Samantha L. Riley RFLP Group LLLP Satellite Industries Michael A. & Debra P. Seelig Paul S. Singerman Howard & Nancy S. Smith Lindsay C. Spalding Stiles Construction TECO Peoples Gas System, Inc. Terracap Management Corp. Elliott P. & Kelly M. Throne James B. & Sandra M. Wadsworth Scott Weicholz David W. Weinberg Bettina W. & Gregory S. Weiss Winderweedle, Haines, Ward, et al. Orin S. & Ann R. Yarbrough

$ 1,000 -  $ 2,4 99 Alice Adams-Bonaime & Matt Bonaime AGPM LLC A.H. Burnett Foundation AIT Life Safety Joseph W. & Patricia G. Alba Brian G. & Faith S. Alexander AllianceBernstein Allstate Foundation Barry S. & Cheryl D. Altshuler Daniel J. & Candice E. Amat Andrew Amend American Realty Consultants, Inc. Andersen Tax LLC Anonymous (7) Randy & Sheryl E. Appleyard Sari K. & Michael T. Arnall Angel R. Arroyo, Jr. & Irma I. Morales Assouline & Berlowe, P.A. R. Troy & Anne Atlas Aztec Group, Inc. Saravoot P. Bagwell Victor M. Ballestas Michael A. & Lori G. Balter Jillian I. Bandes Bank of China, New York Branch Brian K. Barkley & Nancy Phillimore Thomas W. Barkley Diane M. Barrett Barron Collier Partnership LLLP Paul W. & Judith D. Bassaline BBX Capital Foundation, Inc. The Benoit Group LLC Kent N. & Karen K. Berry Yanling Bi John W. & Diane C. Blackmon BlackRock, Inc. Derek J. & Ann G. Blakeslee Jeremy B. Blank Blue Sky Holdings, Inc. Bluewater Capital Partners, Inc. Henry R. & Mary N. Boekhoff Gregory J. & Paula A. Bosler Brad Drake Campaign Broom, Moody, Johnson & Grainger Brennan A. Bubp Harry T. Bucalo Laurie B. Burns & Jill Ramsier Richard J. & Linda S. Busch Walter O. & Shari O. Byrd John S. & Marlene R. Canzio Ben J. Cass Causseaux, Hewett, & Walpole, Inc. CenterState Bank

Hsuan-Chi Chen & Hsiu Chuan Yeh Suzanne Christensen Larry A. Church Rolando C. Cicarelli City National Bank William A. Clarkson Clay County Port, Inc. Steven A. Cohen Michael I. & Betty R. Cohn Colliers International Community Foundation for Palm Beach & Martin Counties Community Foundation of Tampa Bay, Inc. Compass Land & Title LLC Consolidated-Tomoka Land Co. Douglas L. & Melanie S. Cooper Richard W. & Jill F. Cope Coleman W. & Ingrid Cordell Courtelis Construction Co. Rick & Deborah Covert Crossman & Co. John M. & Angela B. Crossman CSX Foundation Darden Restaurants, Inc. Foundation David C. Metalonis, P.A. Andrew W. & Yvonne M. Davis Charles C. & Suzanne Mathews Davis Ian P. Dawley Deangelis Diamond Construction, Inc. J. Roy & Debra L. Dee Deloitte Foundation Michael DeLong Joe B. & Mehgan R. DeProspero Steven B. & Kimberly B. DeRose Roy R. & Gayle S. Dickson Diversified Realty Development Co. Joseph G. & Amy S. Dowds Michelle L. & John C. Drawdy Steve D. & Karen A. Drum David A. & Maryanne M. Duke Eda Engineers, Surveyors, Planners, Inc. Edens Limited Partnership John R. & Andrea M. Eder Harold L. & Lisa M. Eisenacher Jude M. Elengical S. Brent Elliott Robert C. & Marilyn D. Ellyson Eric H. & Wendy M. Everett Fabian Realty, Inc. Christopher L. & Michelle L. Fetes Adrienne J. & Randy C. Figur Finfrock DMC, Inc. Todd E. Finkel Frederick E. Fisher Florida Realtors Follett Higher Education Group Francisco J. Fornell Janet S. Foshee Jeffrey H. & Tamera M. Foster Frank, Weinberg & Black, P.L. Franklin Street Financial Partners Glenn S. & Chrislynn R. Freed Mary J. & Ludwig M. Frick FTI Consulting, Inc. Geoffrey S. & Susan A. Gaberino Gainesville-Alachua County Regional Airport Authority Jon A. Garfinkel & Jennifer L. Brown Gator Club® of Miami R. Doug Gawrych Eric P. & Mrs. KC Gies Jerry P. & Cassie L. Gisclair Brandon A. Granai Grant Thornton LLP David & Tara Gray Guanara LLC Michele L. Gurto Peter L. & Catherine T. Gylfe Barry S. Hall David M. & Laura Hall Derek J. Hamilton Whitfield Hamilton Alexander H. Hamrick Edward M. & Mrs. Yaeko S. Hanna Qing Hao Harris Foundation Harris, Harris, Bauerle, Ziegler & Lopez Christian C. & Katherine M. Harrison Colleen T. & Jeffrey C. Harrison Hawkins Construction, Inc. David R. Hazels HC Beck, Ltd. The Hon. James F. & Mrs. Marty L. Heekin Marc J. Heimowitz & Miriam Lefkowitz Hell’s Bay Boatworks Kevin Herzberg John G. & Claudia C. Higbe Neal A. & Cheryl D. Hochberg Wendy Hu William N. & Frances L. Hudson Hamilton E. & Jodi L. Hunt Ozgur S. Ince & Elise I. Chandon David D. Jensen Edwin R. Jeter III Jewish Comm Fdtn of Greater MetroWest Johnson & Johnson Vision Care, Inc. Todd C. & Cynthia C. Johnson Joint Partners in Purchasing LLC Jones, Foster, Johnston & Stubbs, P.A. Todd D. Jones Edgar C. & Susan T. Jones Andy T. & Linda K. Kamm Matthew R. Kane Kenneth M. Karr Timothy A. Kasper Steven M. & Denise M. Kiker Herbert E. King Thomas L. & Cynthia J. Kirk Benjamin L. Klein Debra F. & Charles R. Koehler Jean A. & Daniel W. Koivu A. Bruce Kujawa Lake Nona Management Co., LLC Bruce D. & Elizabeth C. Landrum Mary M. & Joseph W. Lawrence Jeannette M. Leighton Nikolai S. De Leo & Nicole T. Azzi Howard A. & Mrs. Melany G. Levenson James E. & Lisa Maxwell-Lewis Natalie E. Liberstein & Ernest Libershteyn H. Wade & Sue Little Xiaoding Liu George D. & Sue S. Livingston Jill H. & Keith B. Loftus Alexandra D. Londono Longrun Advisers LLC Lutgert Construction LLC

M.M. Parrish & Associates Realtors LLC Robert B. & Mrs. Geronic M. Macaulay MacFarlane, Ferguson & McMullen, P.A. Matthew & Sandra MacVane Scott A. Mager Kenneth G. & Donna Mamula Xiang Mao David F. & Deborah L. Marcus Brian T. Maser Andy J. & Debbie P. Mason McCraney Property Chimu M. McGrain Daniel D. McRae Steven J. & Anna M. Mench Meridian Appraisal Group, Inc. Steven A. & Teri B. Messing Alison G. & Christopher A. Meyer David E. & Kerri L. Meyer Miller Construction Co. Steve Miskew Moen, Inc. Alexandra E. Murnaghan Brian C. & Carol T. Murphy National Christian Foundation Tampa Bay Mrs. Shan L. Nemeth Network For Good Jeffrey T. & Virginia B. Nickell Craig H. & Linda M. Nowicke Ntrepid Corp. Thomas J. O’Brien OppenheimerFunds, Inc. Tony R. & Tiffany R. Otero Oxbow Carbon & Minerals Holdings, Inc. Peter V. & Lauren Pardo Cynthia L. Pekrul & Adebayo Adedoyin Penn Mutual Life Insurance Co. Michael C. & Kerri Percent Richard H. & Marguerite Pettway Pfizer, Inc. Phoenix Realty Group, Inc. Plum Creek Administrative Corp., Inc. Daniel A. & Carla Powers Jerry B. & Mrs. Rossi Puzey Railey, Harding & Allen, P.A. Brian David & Shannon Quirk-Ray Nick J. & Melanie G. Reader Realty Masters Advisors LLC Redstone Construction, Inc. Reed Elsevier, Inc. Renaissance Charitable Foundation, Inc. Michael J. & Susan O. Reuschel Reynolds, Smith & Hills, Inc. Michael D. Ring RMC Property Group Jeffrey M. Rubin Saunders Real Estate LLC Kevin P. Scanlon William C. Scargle David L. Scharnweber Mark & Nancy J. Schroeder The Sembler Co. Michael S. Shapiro Sharpe Project Developments, Inc. The Shopping Center Group LLC Shutts & Bowen LLP Reid H. Sigmon Paul H. & Jennifer M. Silverglate Robert W. & Maureen M. Sim Farrell A. & Elise B. Simon Adam P. & Sarah M. Sinoff John J. & Mrs. Tracy M. Slaboch Jim & Eileen Smith Bonnie S. Sockel-Stone & Elliot N. Stone Randall S. Sogoloff Sorin M. & Alina Sorescu Stephen R. Soule & Rachel Stott Robert I. & Bonnie L. Southwick Kendall L. & Sylvia M. Spencer Stock Development LLC Donna W. & Arnold M. Straus, Jr. Stuart Building Products LLC Study Edge LLC Jamie J. Summers Thomas B. & Marita L. Sunnarborg Howard Taft Clifton L. & Peyton Taylor Eric T. & Sacha M. Brown-Taylor; Butch & Patricia L. Tew James R. & Patricia S. Thames Lara Thrush-Long & Brian T. Long Titan Management II LLC Carol K. & Roger B. Tompkins Julia H. Tortorice Tramell Webb Partners, Inc. Triton Atlantic Partners LLC Edmund G. Tubel UBS USAmeriBank Kevin Vaez David C. Vance Verizon Foundation Vertical Integration, Inc. Janet H. & Michael B. Victorson Michael B. & Ana M. Vidal Ben Wacksman & Mrs. Emy L. Pope-Wacksman Wakefield Capital Management, Inc. Richard S. & Karen R. Warr Emily T. Warthen Susan B. Washer & Maurice S. Swanson Chad D. & Sarah N. Weaver James Weeks Wein + Associates, Inc. Mark H. & Julie T. Weinberg Wells Fargo Community Support Campaign Cole Whitaker Michael P. & Deborah Floravante-White James O. & Imojean L. Whitehead Tiffany B. Williams Morris C. & Ivonne G. Wycoff James W. Wynns Charles P. Yadon Donghang Zhang & Yi Hua Deborah & Randy Zomermaand

$ 500   -  $ 999 Lambert B. Agin Loy L. Amack-Perez & Juan M. Perez American International Group, Inc. American Land Ventures LLC Michael J. & Lauren B. Andreas Anonymous (2) Mario & Lourdes E. de Armas Justin B. & Lindsey Avery C. Thomas & Dana M. Ball Stuart W. & Jacqueline Bander Michael R. & Wendy Y. Banull James W. Basey Ray L. & Karen E. Bassett Anthony D. & Carla Beckman Brian M. Berblinger Barry N. & Arlene J. Berlin Matthew T. & Constance C. Billett Cecilia E. Billingsley

Brian M. & Deborah J. Blacher Michele F. & Laurence I. Blair Alexander J. Borsoi Joseph F. & Paula L. Boudreau Jesse V. & Mariana B. Boyles Stephen J. & Susan M. Brown Bruce H. & Barbara C. Brunson Buchholz High School Charles E. Butler Rebecca K. & James B. Caldwell Calkain Cos. Alan R. & Bethany L. Carlson Luis A. Carranza & Lidia C. Lopez Joseramon Carrasco Caterpillar Foundation CH2M Hill Foundation, Inc. Elizabeth M. Chapman Melissa Chi Steven G. & Susan D. Christovich Coca-Cola Co. Antonio & Stephanie S. Correa William R. & Margaret P. Croucher, C.P.A. Crum & Forster CSX Transportation, Inc. Gabino Cuevas D.A. Davidson Cos. Farzin & Dianne C. Darabi-Aliabad Robert D. Davis Carl J. & Patsy Y. Davis Aindrea K. Davis-Mesa & Michael J. Mesa Davis-Monk Financial Group, Inc. Kyle J. Deasy Joyce Delgado DeWitt Law Firm, P.A. John C. Elder James C. & Nancy C. Elliott Ari Elul Kelly M. & John W. England Kevin P. & Debra A. English Christopher D. & Michelle L. Exum Asim & Yasmeen S. Fareeduddin Daniel J. & Vanessa F. Felgner James A. Ferger Patrick D. & Barbara B. Finn Robert J. Fitzgerald Miguel A. & Kristin R. Fonseca Jose L. Fornell & Irene Restrepo Allison M. Gabbert & Timothy Murphy GE Foundation GenCorp Foundation, Inc. Allison D. & John P. Gleber The Glenmede Corp. Elizabeth J. & Tripp Green Gregg L. & Sandra R. Grimsley Vincent L. & Laurie Grippo David B. & Diana L. Hall John F. & Nancy P. Halula Darrell T. & Stephanie A. Hanna Melissa L. Hansen Todd A. Hewlett Trevor C. Hillier Karen S. & Cecil M. Holley Sandra G. & H. Blake Hostetter Kay C. & Roger A. Ingley J&J International J.P. Morgan Chase Foundation David G. & Janette C. Jahosky Jewish Federation of Greater Atlanta Linda K. & Charles L. Johnson Lisa R. & C. F. Johnson III Mirza Kafedzic Kaitlin C. & Edward K. Kallal Robert B. Klein John D. & Mindy Y. Kubs Sidney G. & Pamela L. LaCroix Christopher J. & Debra L. Lafond Teresa L. Leste Lisa Lettenmaier Jeffrey M. & Dalia P. Levine Keith N. & Mary P. Lewis Gene V. & Sharon M. Magrini R. Phil & Charlotte K. Malone Christian I. Martinez Jeffrey S. Masse Rochelle S. Matza, C.P.A. Ernesto & Jozanne Mayor James H. & Reverend Gladys R. McCurtain Mindy S. McIlroy Tyler A. Medley Dick P. & Annette A. Melohn Anthony T. Meyer Dean A. Millard Lillian F. & James P. Mills Michael A. Mizne Louis F. Morr Stephen C. & Christina E. Morse Jacqueline J. & William D. Muir, Jr. Brian C. & Robin Murray Douglas M. & Stacey G. Nelson Stanislava M. Nikolova Norelis M. Ball, P.E. Matthew A. Novack & Abbey L. Fager Vincent P. Oatis III Ralph Ortega Craig E. Orthmann Charles M. & Shirley A. Paulk Michael H. & Sarah M. Peerson Harold R. (d) & Betty L. Phillips Todd A. Piacentine Michael Plasker George R. & Lisa H. Ponczek Gordon L. & Susan Postle Project V5 Lincoln & Lindsay R. Puffer Arian Rezaei Bradley B. & Susan K. Ridinger, D.V.M. Adrienne Rodriguez Jose R. Rodriguez, Jr. Gary S. Rosen Mark J. Ruskin Jenny E. & Reed L. Russell Michelle S. Russell John M. & Eileen A. Sarris David C. & Ronna G. Sasser Christopher M. & Rhonda K. Schaeffer Chip Schilb W. Chris Schmidt Jack Sinuk Leslie E. Skipper Aaron T. & Mrs. Sascha K. Slavens Smith & Associates Real Estate Catherine R. & R. Bob Smith III Ognjen & Jenny L. Klein-Sosa State Farm Cos. Foundation Jeffrey A. & Debra N. Steinberg Brenton W. & Julie M. Maxwell-Steiner Mia C. & Phillip L. Stutzman SunTrust Foundation Michael D. & Laura L. Sutterer Sean M. Swanson David & Diane D. Swartz Terranova Corp. Kevin L. Thomas Scott H. & Kathleen R. Thomas

Perry R. & Linda D. Thompson Stacey L. & Glen M. Thompson Time Warner, Inc. Mark D. & Tina M. Veil Joseph A. Vella Xiaohong Wang Anne M. & Joseph C. Waryold, Jr. David I. Weiss & Lynn Epstein Eric B. Wells Donald G. & Carol S. White David Whitney Sean Timothy & Charlotte L. Warren-Williams Scott E. & Sheila Windels Scott M. & Teresa M. Windsor Maxwell M. Zhu

$ 25 0   -   $ 4 99 Kelly K. & Patrick V. Acevedo Jill K. Agro AHIMSA LLC Menderes & Linda J. Akdag Chioma L. Aladi Dmitry R. Almanza Nazaar Alobaidat Altrusa International Jason C. Alvis Jonathan D. Anderson Allyson A. & Derrick E. Andres Jill F. & Jonathan L. Andron Anonymous (2) David A. & Debra Auerbach Autodesk, Inc. Automatic Data Processing, Inc. Barry A. & Kathryn B. Baines Geoffrey T. & Mrs. Mirjam Ball Felix A. Bartolomei & Madeleine C. Elias Kimberly C. & Jack Bastable Jane F. Beeby & Michael D. Fernandez Barbara J. & Terry S. Bendrick The Benevity Community Impact Fund Jeffrey S. & Shelley D. Berryhill Harish Bharadwaj Kelly M. & Kevin B. Bleach Blue Cross Blue Shield of Minnesota Scott A. Bogan Russell S. & Elaine S. Bogue Gene S. & Janet J. Bonham Donald B. & Mary E. Boone Peter & Marie Borstelmann Catherine P. & David G. Bowman David A. & Ilona C. Bragg Bruce A. & Kelly P. Brandes Leslie & Ira Brassloff Bristol-Myers Squibb Foundation, Inc. Douglas W. & Ann P. Brown Francis T. & Elizabeth K. Burke Lynn W. & John B. Cantisano III Allan L. Casey Molly M. & Kyle A. Catlett Perry F. & Arlene M. Chapman Gerald W. Clauss Ari M. Cohen Michael N. & Pam P. Cohn R. Canon & Lisa K. Coleman Suzanne R. & hael C. Comstock, M.D. Alan C. & Effie M. Cooper Lance A. Cottle Derrick E. & Stacey D. Cox Andrew D. & Diane M. Crooks Leonardo J. Delgado Mary Delgado-Waby Kevin E. & Barbara L. Dembinski Kimberly I. Deme-Fulcher & Kevin J. Fulcher Paul A. & Denise Demick Deutsche Bank Americas Foundation Joseph M. Devine William E. & Chantal D. Diem William C. & Elaine R. Diercksen Robert E. Dinh Lora L. & C. Edward Douglas Crystal A. & Richard A. Doxtator Robert D. & Pamela Dubester Frederick B. DuPre Shepard Duryea Daniel D. & Virginia A. Eckert Michael B. & Susan B. Ennis Saul R. Epstein Lydia B. Eskenazi & Frank S. Miller Patrick C. & Patricia H. Everett Joshua A. & Maryjo Lauterio-Fein Keith R. Ferguson Dean R. & Carina M. Feria Joseph M. Ferraro Ethan H. & Mrs. Ashley M. Fieldman Financial Freedom Management LLC Brent A. & Elizabeth Fischthal Robert R. Fishman Robert A. & Mrs. Jan H. Fleming Deborah L. Ford Karen B. & David L. Fortune Mark B. Fox Franklin Templeton Investments Mark P. & Suzanne W. Gagnon Gainesville Area Innovation Network, Inc. Nicole K. Garcia Joseph Genta Sunil George & Barbara J. Rakley Dean M. & Michelle Gettis Michael A. & Jennifer L. Gibbs W. Douglas & Maria J. Giles Gloria J. Gilliam Jeffry I. & Jo Gillman Phillip A. & Beth A. Gist Brian S. & Abby S. Gleicher David A. & Jennifer L. Glinter John T. & Pauline J. Goodgame Cheryl L. & Scott E. Gordon Sheri W. & William D. Goreschak Sean M. & Julie T. Gorman Ashley N. Gowdy Patricia L. Green Christopher C. & Cynthia C. Greene Robert V. Grieb Norman J. & Rosalee F. Hacker Liana Hadjigeorgiou & George Drymiotes Stacey M. Hallberg R. Dawson Henry, Jr. Hewlett-Packard Co. Hill, Ward & Henderson, P.A. James T. & Ulrike B. Houston HSBC - North America Katherine A. Huynh Col. James E. & M. Roberta Hyers David E. Jankowitz Thomas E. & Marietta D. Jennings Courtney S. & Reuben P. Johnson Robert O. & Lorene R. Johnson Mary Beth K. & James F. Johnston Eugene J. Joyce Cheryl A. & Steven C. Kammerud Joel S. & Lynn Brenner-Katz Gerard J. Keeley Douglas S. Keith

Arif S. & Christina Kidwai Michael D. & Loree A. Kiner Jamie J. Kraft & Amanda M. Burks Zhong X. Kuang Peter & Karen P. Kugelmann Matthew K. & Christina L. Kuhl Allison N. Laird David A. & Mrs. Anoly Landsberg Jennifer W. & Christopher E. Larsen Jeffrey S. & Amy S. Lee Michael L. & Sally S. Lehman David B. & Robyn R. Linker Janis C. & Charles L. Liotta William L. & Barbara B. Little Albert S. & Melinda G. Livingston Lockheed Martin Corp. Patricia C. Loughery David N. & Astrid Loving Rhonda K. & Larry L. Mack Macy’s Foundation Sherri L. & Lawrence E. Mansell, Jr. Gil Marnin Jeremy R. & Laura L. Martin Erik B. Mathavan Ani M. Mathers William W. & Anette McAbee Thomas F. & Frances C. McAllister Jeffrey D. & Jeanne M. McCammon Kevin M. & Linda G. McElligott Mary C. & John F. McIntyre Larry P. & Laurie D. Medvinsky Stacey L. Menendez Thomas C. & Ruth B. Mennitt Christopher D. Mercer Meridian Partners Michael K. & Tina M. Meyer Dyer T. & Pamela W. Michell Kyle K. & Eileen T. Mickas Phoebe C. & Richard G. Miles Gordon S. Miller Terrie W. & Joseph P. Mitchell Marc Mobley Rose G. & Leon W. Mock Morgan Stanley Charitable Spending Acct Brent C. & Christi M. Morgan Cara N. Morris Steven E. Morrison Motorola Solutions Foundation Clifford R. Mott John D. Murphy Ira R. & Karen V. Nassi National Christian Foundation Bruce H. Nearon Katherine S. & Sean M. Nesselt Mahendrarajah & Mrs. Suranjanie Nimalendran Paul J. & Rebecca L. Noris Office Depot, Inc. Robin K. & Mark C. Ogier Eamonn J. & Marie E. Oley Charles R. & Vicki M. Olsen Robert E. & Gail E. Ortiz James F. Page III Roger W. & Joan F. Painter Sharon G. & Joseph A. Patchett Santhanam & Mrs. Uma Pattabiraman Stephanie B. & Patrick E. Paul David H. & Linda D. Pearce Meredith A. Penney Eric M. Perez Laury L. Pflaum & Jeffrey M. Oligschlaeger Debora D. Phillips Jeremy D. Pino Robert A. & June Pita John W. Pittman Benjamin L. & Cleta R. Platt Mark P. Porraro Ana I. Portocarrero & Javen S. Figueroa Brian S. Potsic Neil B. & Kristina M. Powell James R. & Laurie A. Pringle Cameron P. Quinn Eric B. Rabinowitz Michael P. & Martha B. Rama Brian K. & Susi G. Rianhard Robert L. & Deborah H. Richardson Bryson M. & Katherine B. Ridgway Sarah A. & Rene R. Rivas Elizabeth A. Rodriguez Shavon L. Roman Rick W. & Kris K. Rosell Renee D. Rosenheck Alex L. Rubenstein Melinda L. & Richard Sanders Robert B. & Cynthia Sattizahn June I. & Robert C. Schmid Mrs. Schelon K. & Paul M. Seefeld Desiree M. Segobiano Siemens Corp. James K. Slager Dennis M. & Angela R. Smith Jared T. Smith Sidney L. & Leslie A. Smith Victor C. Smith Brendon K. Snyder Nicholas J. Sommerio Donald G. & Mary Z. Sonom James O. Sproul Thomas S. & Elizabeth R. Stark Brian J. & Emily K. Steffes John K. & Anne E. Stephens Nicholas A. Sutherland Sally S. & Philip R. Swaringen Joseph J. Swingle Cherise J. Teasley Christopher A. Tenney Shawn E. & Lorene P. Thomas Mrs. Hawiane F. & Anthony Tidwell Traffic2Revenue, Inc. Glenn & Susan E. Travers William L. Trawick, Jr. Eric W. & Michelle A. Turman Parker Turner TutoringZone II LLC James R. & Julia B. Vanderbleek Dale M. Wagner II Brian R. Walkup John R. Wallace & Miriam E. Pechar Nancy H. & Kevin L. Walsh Walt Disney Co. Foundation Richard J. Walter Kira M. Warnock Carolyn A. Webster Jay S. & Melissa M. Weinberger Kenneth R. Whalen Hugh E. & Ann Williams James R. Wilson Christopher L. & Mrs. Yeniley L. Winfrey James G. & Lisa A. Wohlford Abigail S. & Eric F. Woodworth Nicholas A. & Melissa A. Wychocki Sing-Yan S. Yeung Christine N. & John T. Zettel Xiao L. Zhao Jeffrey D. Zudeck

$ 1  -   $ 24 9 Leslie A. & Alvin R. Abbott Steven J. & Suzette L. Abrass Accenture LLP Howard W. & Carolyn B. Adams Laura L. & Matthew W. Adams Matt J. Adams Brandon E. Adler Kurt W. & Jennifer W. Adler Aetna Foundation, Inc. Allison L. Akel Laura M. & Scott B. Albee Debra M. & Andres F. Alberdi Kathy L. & Andrew Albright Justin S. Alex David E. Alexander Amber R. Alfano Ruben Alfaras Alec J. Alfonso Justin P. Allbright, Esq. Jason C. Allen & Stephanie A. Lai Kori L. & Drew E. Allen Richard R. & Catherine T. Allen Theresa Marie & William H. Allen III Arnaldo L. Alvarez Paul S. Alvarez Ricardo & Kathryn B. Alvarez Ameriprise Financial, Inc. Joseph L. & Dee Dee D. Amos Julin An Charles Anchors Scott R. & Gloria S. Andersen Marcia A. & Bryan J. Anderson Matthew L. Anderson Nicholas T. & Colleen F. Anderson Noelle R. Anderson Reverend Robert N. & Frances W. Anderson Brian L. Angstadt Peter J. & Mary H. Anninos Mark A. Annis Nikola S. Arabadjiev Alex T. & Susan E. Arcady Lisa Q. Archibald Mateo V. Arias Lynn A. & Keith R. Armbrecht Umtina M. Armijo-Barkeloo & Blake A. Barkeloo Daniel P. & Angela M. Armstrong Jennifer L. & S. Scott Armstrong Peter C. & Cecilia V. Armstrong Ben D. & Lisa J. Arnold Jorge & Valerie Arrieta Howard E. & Jeanne Van Arsdall The Arthur J. Gallagher Foundation Jason Arvelo Janice E. & Michael C. Ashmore AT&T Foundation John B. Atkinson Jasmin Attia Julie M. Augustyn Clifton E. & Trudy L. Aust Dennis K. & Karen Aust Collin W. & Mrs. Shannon L. Austin David A. Austin Marion W. & Elynore A. Averett Omar A. Aviles-Arbelo AXA Foundation Axis U.S. Services Leon R. Azis Karen Z. Baach Marc Backer Billy D. & Heather H. Bacon Allan O. & Mary Alice J. Baer Jeremy M. & Kimberly A. Bailey John F. & Suzanne Ollivier-Bailey Tee A. Bailey Jeffrey D. & Sandy Baiocco Daniel & Martha H. Baker Fay D. Baker Mrs. Myly C. & Stephen M. Baker Paul & Crystal Baker Scott A. & Tammy M. Baker Kimberly L. & Jackson M. Balch Craig S. Balco Ambrya D. & Aaron W. Baldwin Joshua E. & Elizabeth B. Ball Debra A. Balmaceda Bank of America United Way Campaign Benjamin Howard & Nancy S. Bank John C. Banko & Mrs. Khanh-Lien R. Banko Nicholas M. Banks Robert E. Barba, Jr. Louis E. & Wendy D. Barber Elena C. & Blaze D. Barbre Daniel J. Barcia Richard F. & Carolyn T. Barksdale George D. & Amy S. Barlow James H. & Patricia S. Barlow Raphael A. & Martha C. Barreto Miguel A. & Mrs. Marjon J. Barreto Ann E. & Kenneth W. Barrett Guillermo L. Barthelmes Doyle C. & Leslie W. Bartlett Sandy R. & Stuart T. Bartow Claude C. Bass Lindsey A. Batchelder Kyle R. Bateh Paul G. Baterna Bennitt E. & Lynn M. Hobeck-Bates S. Elise Batsel Kathryn E. & Lt. Turner W. Battle III Gregory C. & Karen S. Bauer Benjamin A. & Charna G. Baum Sandi A. Bausman Colonel Patricia M. H. & Thomas H. Bayless II Jeffrey A. & Susan C. Beane John W. Beard, Jr. Robert C. & Sylvia N. Beaty Jennifer L. & Jeffrey D. Beback Michael J. Beck J. Stephen & Judith K. Becker Myrtha Becker Mitchell A. & Anne K. Becton Wendy M. & Grant D. Belden Robert R. & Gloria A. Bell Ira S. Bellinkoff Richard G. Benduhn Jean I. & Helen I. Benjamin Scott M. Benke G. Gary & Donna B. Bennett Jeffrey M. Bennett Joseph W. & Audra E. Benoit Richard S. & Marianne Bergen Eric P. Berger Richard K. & Diane M. Berkowitz Deborah N. Berman Patrick Berman Janette L. & Steven P. Berne Andrew C. Bernstein Robert L. Beshara Kayla M. Betts Laura P. & Timothy M. Bever Yezdi K. & Mrs. Perviz Y. Bhada Sushil Bhattachan

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Lawerence M. & Mrs. Yesenia Chambers Gavin Chan Max H. Charleus Jodi L. & Scott A. Chase James Y. Chau & Meiqi Ding Teresa B. & Khe V. Chau Hammad S. Chaudhry Martin D. Chavez Ming Chen Asindia W. Cheng Christopher S. & Elizabeth A. Cherry Terry & Mary Ellen Chesser Chevron Corp. Karen L. Childress Cam Childs Joseph C. Childs Reverend Richard A. & Beth M. Childs Nicholas J. Chillemi, Jr. Vincent M. Chillura Ting Chow Bradley B. & Susan Christian Brent A. Christopher Frances J. & Max R. Chudy III Anthony Ciavarelli & Linda Ciaverelli Cisco Systems, Inc. Francisco R. Civalero Michael D. & Cheryl L. Clancy James M. & Meredith Clark Robert C. & Kymberly Clark Aygemang N. Clay Kenneth R. & Lisa R. Clements Robert H. & Janice P. Cleveland Adam J. Clinkenbeard Preston E. Cloke Karen S. Cochrane Thomas E. Cochrane, Jr. Norberto & Maria B. Cofino Renee L. Cohen Robert J. & Valerie M. Cohrs Elizabeth E. Colby Charles A. & Kathleen H. Cold James D. & Marcia M. Collett Theresa M. Collier, D.O. Lt. Col. James G. & Irene M. Collins Joseph P. & Nicky S. Collins Matthew A. Collis Chad S. & Jenna T. Colman Maria E. Colon & Eduardo Rey Jason T. Commander Lisa A. & J. Boyd Commander C. John & Annette N. Coniglio Kevin & Marcy J. Connington Robert M. & June D. Connors ConocoPhillips, Inc. Michael S. & Karen M. Conti Bryan M. Cooke Eric M. Coombs Jason T. Coons Andrew J. Cooper Christie Cooper Christie M. & Michael W. Cooper, Jr. Gonzalo Cordova Kenneth H. Corn Adrian F. Cornaro Benjamin H. Cosio Douglas L. & Cindy Covington Langford H. & Jessica Covington Jennifer H. & William C. Cowart Cindy Y. Cox Alan L. & Claudia C. Cox Janet C. Craft & Ewell F. Craff Maj. Constant P. & Dawn E. Craig Francis J. & Patricia H. Craven Roderick P. & Dawn L. Crawford Clifford A. & Karen N. Cree Robert B. & Kristin Crockett David F. & Charlette A. Crofoot Carrie E. Cross Gregorio Abreu Cuello Cesar J. Cuevas Michelle C. Curran David M. Currie William B. & Iris M. Curry Ryan C. & Stacey D. Curtis Duane A. Cyrus Jessie D. Cytryn Heather M. Czekaj Raphael Dagan, C.P.A. Gary C. & Elizaabeth A. Dahle David M. & Louisa M. Dalton Stacy T. & Robert P. Dalton Matthew P. & Kali C. Dambeck Douglas A. & Sondra Dame Robert H. & Beverly C. Damm Travis N. Damon John D. & Kathleen Costlow-D'Amore Francesco A. & Brenna D'Angelo James D. & Sandra M. Daugherty Jeffrey A. & Lynda Quintero-Davids Gayle E. & Shawn P. Davidson Ashli E. Davis Beryl H. Davis & Edward M. Bielski Carmen J. Davis Craig M. & Kelly M. Davis Janet Kay & Thomas A. Davis Lisa Blair Davis Louis I. Davis Reid B. Davis William E. & Leah S. Davis J. Rolfe & Patricia D. Davis Charlene M. & Stephen M. Dawes James S. Day Kathleen R. & Paul J. Dean Kevin T. Dean Peter M. deBaptiste Brad E. Debold Justin R. Decker Kelly R. & Meredith B. Dee Christopher A. DeForce, Jr. Jared M. Delage J. Louis Delany Frank Delgado III Brian Delikat Steven M. & Emily D. Demar Joseph A. DeMarco (d) Lauren M. DeMarco Holly A. & Louis F. DeMars Denny B. & Jane P. Dennison T. Lowell & Mary R. Dent William M. & Kerry L. Deptula Charles M. Derian Mark S. & Lee A. Derr Paul J. DeSario Donald G. DeSimone Kaitlin J. Desselle Kenneth D. Dettman Elaine T. Devlin William F. Devlin, Jr. Christos Diamantopulos Donald B. & Angelia S. Dickey Lewis M. & Ann M. Dickey Jason E. & Lara L. Dickinson Jose A. Dieppa Josh Diggs

Michael C. & Alina T. DiGiorgio Nicholas P. Digirolamo Joanne P. Dillard Jules S. Dillon Joseph M. & Sarah F. DiNicolantonio Christopher H. Dinklage Lisa M. Dirienzo David A. Divirgilio Jason Do & Christina M. Ngo Billy Dobbins Donna V. & Thomas E. Dodson, Jr. Robert J. & Jayne C. Dodson Shawn M. Doering Fred L. & Jill G. Doerr Marci D. Dolan Efticheia S. Dolos Stephanie M. Dominy David J. & Cheryl V. Donnellan Robert F. & Sharon F. Donoghue Abrahao Dopazo Katherine R. Dorfuss Mrs. PoYee P. & Hugh J. Dorrian II James H. & Gail Dowling William R. & Laraine Downey Bettie-Love & Gene P. Downs Daniel D. & Lynne C. Doyle Clayborn H. & Cassandra S. Driggers Mary W. & Eric G. Drummond Mrs. Mondania M. & Chad D. Drummond Kassie L. Drury Jacob C. Dubin Gregory E. Dubois Melissa L. Dubrow Colin J. Duffy Eric P. Duffy Natasa Dugandzic Douglas R. & Melanie C. Duncan Mrs. Jaimie S. & Brandon T. Dunnick Nathalia A. Duran & Benjamin M. Crane Donna J. McDonald Durden & Donald R. Durden Ben L. & Linda M. Dyals Negar S. Dyke Robert K. & Mollie L. Eardley Nathan J. Easley eBay Foundation Miguel & Beatriz Echarte Felipe J. & Jacqueline N. Echarte Carlos F. Echave Michele A. Eddie Philis H. & David S. Edelman Matthew E. & Susan D. Edelman Joshua L. & Lauren D. Edelstein Lt. Col. Ronnie E. & Mrs. Manee Edge Donald E. & Nancy V. Edington David M. & Zaida R. Edmundson Amanda E. Edwards Beth A. & Mark V. Edwards Charles L. Edwards Saul A. Ehrenpreis Richard C. Einbecker Errol A. & Alexis Eisinger Randall C. & Joan M. Elder Lucas T. Elgie Todd & Michelle Elkins Colonel Lance E. Elliott & Doreen C. Elliot Eve L. Ellis & Andrew D. A. Burden Keith W. Ellis Kevin M. & Ellen G. Ellis Solon J. Ellmaker James D. Elmer Lowell E. & Mary E. Elmore Grady L. Elwell Renee Embry-Grandy & Emmett W. Grandy IV Waldo P. & Sharon I. Emerson Joseph C. & Sandra J. English William J. Enriquez James R. & Donna M. Eriksen The Hon. Ralph E. & Linda C. Eriksson Manuel J. & Carolina D. Escobio Marc D. Escoe Joscelyn V. Essegbey Mrs. Oghogho I. & Itoro E. Etuks Alan K. Evans Blake C. Evans Brian R. & Tara L. Evans John M. & Mrs. Jamie S. Evans Mark T. & Karla J. Evans Pamela K. & Morgan S. Evans Roy A. & Wendy Evans William T. & Silvia L. Chestnut-Evans Monica E. Ewing Christina F. & Kurt A. Ewoldt Express Scripts, Inc. Richard E. Eychner Cindy B. & Randall A. Ezell Jorge A. Fabre Frank M. & Sally J. Facciobene Craig L. Fagin & Abigail K. Auer Col. Gordon H. Fair, USAF (Ret.) & Betty A. Fair Jose M. & Margarita Falagan Ruth B. & David Falkenstein Larry W. Falkie David A. Fanelli Lindsey Farah John L. Farley Larry J. & Mrs. Kim M. Farrell Constance K. & Jason C. Faulkner James E. Favero III Lisa H. & Kevin Fazzari Ronald W. Featherstone Kurt V. & Mrs. Terry P. Feazel Larry C. Fedro Lori J. & Kenneth J. Feeken Michelle L. & Andrew F. Feinberg Jean Feingold Astrid B. & Mark A. Fenaughty Nancy P. & Edward R. Fennell II Richard S. & Judy H. Fenster Damita J. Ferguson Federico A. Fernandez Jorge A. Fernandez Nikki W. & James W. Ferrell Bryan M. Ferris Kenneth R. & Patti Ferron Christopher W. Feuerbach Andrew S. Feuerstein Corina Ficano Jon R. Filippi Judy A. & Jeffrey E. Finkelstein Shaun M. Finn Jason B. & Veronica C. Fischer Michelle R. Fischer Howard D. & Amanda L. Fish Jennifer F. & Ron Fisher Andy H. & Mrs. Joi G. Fiske Elliot P. & Elizabeth L. Fitzgerald Daniel H. & Brenda Fleming Lt. Col. William F. & Nancy N. Fletcher Sara K. Flint John R. & Patricia L. Flisher Bruce S. Foerster Mitchell C. & Debra S. Fogel Michael T. & Carol F. Foley Edwin A. & Sylvia J. Foreman

Elizabeth A. & Richard P. Forero Theresa A. Fortnash Laurie W. & Lewis M. Foshee Anne C. Foss Jeffrey D. & Emily J. Fox Kathleen J. & Joseph D. Fox Rachel M. Frail Alexander E. & Mrs. Eyra E. Frances Earl S. Francis Stephen G. & Kathryn Bilkis-Frank The Hon. Patricia C. & Richard Frank Matthew T. Franklin Sharon J. Franklin Lawrence C. Franks H. McCord Fraser Michael L. Frasor Daniel K. Frederick Joshua L. Freesman Gene & Jo Anne French Sarah A. French Jason R. & Maritza D. Frerich Douglas J. & Linda A. Frevert Cory G. Frier Josie & Scott A. Frieser Pamela H. & Ronald Frimmer Lydia A. Friscia Keith W. & Kelley W. Frohlich Zachary A. Frost Robin K. Froug Robert B. Frutchey & Lisa Brower-Frutchery Lynn G. Fry Frank T. & Martha S. Frye Warren B. Fryefield William H. & Mrs. Rosemond H. Fuerst Robert D. Fuller Cristi A. J. & Lt. Col. Eric M. Furman Bill H. & Mrs. Tonja L. Fussell Jason N. Gad Jeffrey M. Gad Phanindra B. Gadiparthi G. Wayne & Wendy Gaff Shane T. & Teresa D. Gager Dara N. & Jonathan E. Gale Jane N. & David P. Galik Dennis P. & Lalla S. Gallagher Cynthia B. & Michael L. Gallentine Marshall C. & Kathleen F. Gallop Elizabeth R. Galvin John F. Galvin Keira S. Ganaishlal Lisa S. Gangadeen Joseph F. & Christina M. Ganley Kevin P. & Tara A. Gannon Helen K. & Alex Garcia Justo R. & Jenny L. Garcia Francisco O. Garcia, Jr. Christie & Anthony J. Garrido Lauren W. Gartenberg Thomas A. & Kelli S. Gaster Norman F. & Helen L. Gaudette Paul H. Gedwed Alexandra B. & Pier T. Geiger Anna L. & Robert S. Gelber Helene W. & Robert M. Geller Matthew A. Gentile Laura B. & Gordon C. Getter Sami B. Ghneim Paul E. Ghougasian Pamela & Howard S. Gibbs Geoffrey J. & Michelle A. Gilchrist Stephanie J. & E. Earl Gillain Vince J. & Kim Gillen Andrew A. Gillette Mark R. Gilluly Rebekah G. & Carlos X. Gimenez Jessica N. Girard Ruben J. Giro Ben E. & Laura B. Girtman Karen E. Giunta Stephen C. & Faith A. Gladding Jason N. Glaser Michael P. Glazener Jennifer L. Glenn Betsy A. Glickman & Douglas E. Teten Kenneth R. Gloger Cecilia M. & Matthew Glover James C. & Judy A. Goar Aileen M. Gobes Jared R. & Linda T. Godin Murtaza & Mrs. Alefiya Goga Debbie E. & David S. Gold Hunter N. & Mrs. Fara R. Gold Michelle Gold Susan K. Gold Amy B. & Todd M. Goldberg Stewart A. Goldberg William J. Goldberg Jill R. & Michael J. Goldman Lisa E. Goldstein Victor A. Goldstein Richard V. Golinski Mona Sue Golz Armando J. Gomez Byron S. Gomez Gerardo E. & Christina M. Gomez Anthony S. & Barbara J. Gonzalez Oscar I. Gonzalez Julie S. & Robert Goodfriend Joshua P. Goodman Captain Robert A. Goodman (Ret.) Rebecca R. & Adam E. Goodpasture Google, Inc. Kellie Goolsby Mark H. Gordon Steven C. & Sylvia M. Gordon Clint A. & Linda L. Farrington-Gould David J. & Irene M. Gould Kerry M. & Peter L. Gould Katherine M. & John G. Gowan Bill G. & Shelley D. Graham Helen L. Graham Nancy E. Graham Charles K. & Katharine S. Grant Susan L. & Donald E. Grant Thomas J. Graser William J. & Elizabeth Grasty Douglas M. Gray Jaclyn E. Green David S. & Cheryl A. Greenberg Felicia G. & Isaac A. Greenberg Joshua P. Greenberg Matthew I. Greenberg Amy L. Greenblatt Dennis M. & Gail Greene Jeffrey D. & Joan F. Greene Beth A. Greenfield Jamie K. Greenspan Brian N. Greenspoon Jenny B. & Michael C. Gribbin William P. & Kathryn C. Grieser Michael H. Groban Richard & Patty Grobman David S. Grossman Bonnie B. & Robert J. Grote

Laura J. & Martin E. Grove Lindsey J. Grulke Michelle L. Guadagna Anthony C. Guadagnino Justin X. Guerra Mildred E. Guida Rafael E. Guijarro Sean R. & Mallory M. Guldi Jackie D. & Michael A. Gulley Kelly Haan Meghan T. Hacas Cynthia C. & Thomas E. Hack Jeff D. Hacker Charles E. Hadaway Medani Haffar Nurit N. & Steven P. Haft Bruce M. & Viola Haguewood Laura B. & Oded Haims Randy L. & Janet Haines Stephanie A. Haines Kimberly A. Hain-Johnson & Eric S. Johnson Jason J. Hakerem Jeffrey W. & Mrs. Tashia C. Hale Todd J. Hales Julie R. & Steven D. Hall Mark A. Hall William S. Hall Joel & Amira Halley James A. & Ruth K. Hallmark Edward Halsey Jerrol R. & Patricia M. Halverson Karl W. & Sandee J. Hamilton Lawrence A. Hamilton Timothy T. Hamilton Yon P. & Carissa L. Hammel Frank R. Hammond, Jr. David R. & Katherine B. Hammontree Michael F. Hancock Cynthia L. & Bradley B. Hansen H. Lawrence & Sharon W. Hardy Roger T. & Barbara H. Harmon Rex E. & Beverly Bateman-Harper Rose Marie Harper Dani L. & Dustin H. Harpshorn Robert C. & Sandi Harrell Michael B. Harrington Alfred D. & Barbara S. Harrington Harris Foundation David F. & Elizabeth B. Harris Charles G. Hart William P. Hartigan David B. & Sharon B. Harvey Thomas L. Hatfield II Paul T. Hausman Marvin R. & Sara E. Haven John C. Haverty W. Thomas Hawkins, Jr. Gregory A. & Nancy J. Hayes Kim M. Haynes-Rau & Mark S. Rau Peri P. & Randy B. Hays Albert A. & Barbara A. Hazen HCP Associates Inc. Connor D. Healey Richard J. Healey, Jr. Mark C. & Laura A. Healy Micah D. Heavener Blake L. Hebbel Robert E. Hedgecock Thomas G. & Karen Heekin Robert A. & Mary L. Heekin Joanna M. Heintze Zachary & Vicki L. Hellstrom George A. & Jennifer D. Helm Michelle Lovell Helmer & Cody G. Helmer Jinetta L. Hemraj Michael A. & Sharon B. Hench Allen E. Henderson Haynes T. Hendry Neal T. Herman Cristina & Clayton Hernandez Maria E. Hernandez Kevin D. Herndon Jason L. Herrera Nicholas W. Herring Andrew L. Herskowitz Harlan F. Heshelow Livingston S. Hessam Cameron J. Hickerson Jasen A. Hicks & Rhiannon N. Suarez Kenneth Lee & Norma Higginbotham Matthew B. High Rosemary M. & John L. Hilley Matthew D. Hilliard Sharon E. & Matthew C. Hillis Hannah H. Hillman James R. & Lynn S. Hills Eugene S. & Suzanne T. Hine James C. & Maria A. Hinely John P. Hirschfelder Joshua L. Hochberg Seth W. & Marla Hochman Sally K. & Craig L. Hodges Jacqueline A. & Donald W. Hoevenaar Brian W. Hoffman Forrest M. Hoffman Laure Anne & Philip R. Hoffman Wade S. & Amie F. Hoffman Dale R. & Eileen M. Hoffner Benjamin G. Holdorf Katherine A. & Timothy T. Hollaway Emmett E. & Mary Ann Holloway Dennis S. & Stacey P. Holman Mark J. Holmes Home Depot, Inc. The Hon. William G. James Carlos M. Hondal, Jr. Rebecca A. & Bryan E. Hooper James G. & Jeannine S. Hoopes Rebecca L. & Howard W. Hoover Captain James H. & Lisa B. Hoover Terrence J. Hornsby, Sr. Michael H. Houchard Thomas J. & Kathryn W. Houser Clinton J. Howell Alen H. Hsu Yiqi Huang Robert W. Hubert Carolyn D. & Robert P. Huerkamp Alexander J. Hug Tessa M. Hughes Marc L. Huizinga Earnesa J. Humber Clayton Hunter IV Kevin M. & Angelia G. Hunter Walter P. Hunter IV Alexander H. Hurd Jennifer M. Hurley Jordan K. Hurley James H. & Belinda D. Hurst Walter S. Hurt Kyle P. Huston Emmett Jay & Janie H. Hutto IBM Corp. Amy E. & Matthew S. Immerfall

Jonathon B. Irving Rashit M. Ismail & Mona El Alaoui Julie N. & Robert J. Jackson Marc H. & Wendy S. Jacobowitz Arthur R. & Kathryn L. Jacobs Joseph R. Jacobs Marcia N. & Richard J. Jacobson Mitchell J. & Janna Jacobson Gregory S. James Jennifer J. & David A. James Wes & Michelle James T. Michael & Melissa L. Janney Elizabeth E. Janson Jeff H. Jarkow Janet C. Jarnagin JC Penney Camille L. Jean-Gilles David A. Jeffers Jennifer A. Jenchura, C.P.A. Farrah P. & Thomas H. Jenkins Jewish Community Fdtn. of N.E. Florida Kevin M. & Susan E. Jinks Susan L. St. John Randall C. Johns Amaris L. Johnson Andrew K. Johnson Charles R. & Denise E. Johnson David L. & Georgiana K. Johnson Horace S. Johnson III John W. Johnson & Camie L. Sullivan Joshua D. & Katharine Johnson Kirsten E. Johnson & Bryan E. Stewart Marvin L. Johnson Mary A. & Richard E. Johnson Ryan C. Johnson Sandra L. & Thomas P. Johnson Sheryl L. & Mills L. Johnson Thomas E. & Mrs. Insoon S. Johnson William K. & Sue A. Johnson Hazel J. Johnson, Ph.D. Mary C. Johnston Lt. Col. James W. Joiner & Penny B. Ewing Kenneth L. & Mary Joines Kevin T. & Erica Jonas Alexis K. Jones Carly M. Jones Douglas D. & Elizabeth J. Jones Glenn I. & Doris R. Jones Kenneth L. & Cassandra W. Jones Lee M. & Mary Kathryn Jones Mark L. Jones Michael W. & Donna V. Jones Rachel A. Jones Rebecca A. Jones Rebecca S. & Kenneth W. Jones Sarah K. Jones F. Chandler & Kathy W. Jones J. Malcolm & Mary V. Jones Richard E. & Shirley E. Jones Brendon A. & Mary Jane Jordan John P. Jordan Laura Josephs Matthew S. Josey Nicole M. Joury Erica D. & Jesse E. Jowers, Jr. Stephen M. & Mrs. Ashley R. Joy Kevin A. Joyce Andrew C. Joyner Meredith M. Joyner David Kaczorowski Burton E. Kandel David M. & Rosemarie S. Kanter Alan S. Kantrowitz Yannis N. Karayannis Navine A. & Samantha Karim Randall L. & Deborah Karst Donald A. Kas Peter H. & Gina L. Katz Samuel A. & Mrs. Meryll W. Katz Scott S. & Robin B. Katz Tyler J. Katz Susan M. & Matthew J. Kauffmann Steven L. Kay & Alexis Botticelli Alex J. & Frances W. Kay Peter M. Kaye Leslie A. Kaylor James W. & Diane L. Kearley William G. & Stephanie L. Kearney Daniel L. Kecskes Kameron G. Keesling Barbara L. Keiger Beth E. & Scott P. Keith Frederick D. & Ann Marie Kelleher Andrew D. Keller Erin D. Kelly Janet P. & Shaun N. Kelly Pamela P. & Edward A. Kelly Travis D. & Jennifer M. Kelly Jamaal A. Kemp David A. Kemper Andrew W. Kennedy Steven C. Kennedy George S. Kerestes, Jr. Victoria E. Kern Phyllis K. Kessler & Rick O. Helbing David R. Ketchens Donald T. & Kara Keyes Paul J. & Beverly J. Keyser Stephen B. Keyser, Jr. Tamour N. Khan Neil Khant Lisa A. & Clyde C. Killer Sang Hoon Kim Harry H. Kimball III Robert & Elva Kimura Christian G. King Denise E. & Jeffrey C. King Jarom T. King Lawrence E. & Daria J. King Richard L. & Katherine C. King Robert I. & Jeanie King Bonnie L. Kirby & Craig Goldberg Larry W. & Lynn W. Kirkconnell Steven P. & Katrine G. Kirn Rhona L. & Marvin A. Kirsner Carol W. & Franklin P. Kistler, Jr. Lonnie A. & Kristen E. Kitchen Donald J. & Fran Klareich Craig L. Klein Matthew H. & Kristine L. Klein Jason P. & Mrs. Noele U. Kliewer Lesley M. Kline Peter R. & Audrey M. Klingeman Richard D. & Susan S. Klingler Jung Yen T. Ko Srikanth Koduru Ben B. & Mary B. Korbly Brooke S. Kornberg David S. & Sharon F. Kornblum Robert J. Kovanis Kraft Foods Richard S. & Marlene M. Kraich Gregory M. & Kathleen M. Krak Kris & Jillian A. Kral

Tracy A. Kramer Brian D. Kraus Saul M. & Michelle S. Kredi Colleen M. & Lawrence J. Kremer Paula J. & Scott A. Kukelhan Christopher E. Kummer Nikhil M. Kundra Kelli R. Kunihiro Eric D. & Amy Kuper Mark H. & Mindy J. Kurkin Jason F. & Brenda F. Kurrack William B. & Nina L. Kurtz Cathrine M. Kurzanski Amanda L. Kush Adam M. Kustin Kenneth J. Kutzner & Inge Brienesse Matthew C. Kyme Mark F. & Shelly H. Labay Sonia & Andres I. Lacambra Leon J. & Dorothy D. LaChance Barry A. & Karen J. Ladis Si Zhuang Lai Rebecca W. & Richard R. Lakkis G. Russ Lambing Charles L. & Regina A. Lamn Paul H. Landahl & Anaya Mitra Melissa L. & Earl L. Landrum, Jr. Lauren D. & Richard B. Landy Kyle M. Lang Bridget B. & John W. Langford Willard F. & Pauline Langford Teresa M. Lanier Tillman J. Lankford Susan W. & Kenneth W. Lanning Angela M. Lanzer Scott M. LaPre Elyse S. Larkin, C.P.A. Therese E. Lau & Bill McParland Amy E. Lauber Seth C. & Chelsea LaVeigne Alison L. & David S. Law James M. & Mrs. Yael H. Lawrence Patrick J. & Marcia L. Lawrence Louis L. LeBlanc Cheryl F. & Patrick J. Leddy Debra M. Lee & Frank J. Kutch Jason T. Lee Mitchell Lee Pee-Lea Lee & Kuang-Chiu Yang Samuel M. Lee Amy M. & Ryan J. Lefkowitz Sean R. Leibowitz Craig F. Leith Curtis R. LeMaster Jennifer E. LeMieux Matthew J. Len Dennis W. & Carol H. Lenhart David A. & Sharon Lenoch Austin C. Leonard Kristee L. Leonard Whitaker Leonhardt William J. & Amy E. Lessig Nina B. Lester Hirofumi P. Leung Jane Levin Michael J. Levin Erik M. Levine Vincent U. Levito Morris D. & Rhoda Levitt Nicole L. Levy Zachary J. & Nicole S. Levy Erika R. Lewin-Harris & Terrence W. Harris Daryl H. Lewis Joel E. Lewis Steven C. Lewis & Patricia C. Hoag Brittany E. L'heureux Chialing Li Jennifer R. Lieberman Jinxuan Lin Daniel P. Linden Thomas P. & Amy Lindgren Joshua A. Lindhurst Russell C. & Erin G. Lindsay Kent M. Lindsey Antonio R. Linero Ronald A. Linsky Garwood Lippincott Olin G. & Elise Lippincott Charles A. & Sandra G. Lipthrott Erika M. Lisch, C.P.A. Zachary A. Liszt Eric H. Litow Natalie D. & Kevin S. Little Jack D. Livingston Rebecca J. Livingston Michael J. & Martina Locht Brandon Lockhart Elliot H. Loden Nicholas M. Loeper Robert R. & Martha S. Logan Jared M. Lohden Clark C. Lohmiller Tyler J. & Theresa Lohmiller Rebecca S. Lojo Michael A. Lombardi Susan B. Long Joe Lopez Laura R. & Jose I. Lopez Ronald F. Lorenzana Frank M. Lorenzo, Jr. Brian M. Lott Kimberly S. Lounsberry Michael A. & Candace L. Lovchuk Sean P. Love Beverly A. Lowman Aliza R. Lubowicz Gerald S. & Christine A. Lucas Dina G. Lui Kristin M. Luke Richard P. Lupkes Laura L. Lusa Di T. Ly Ron R. & Stephanie Lyman Laurie L. Lynch Leah E. & Robert W. Lytle II Kieu & Sandy Ngo Ma Adam A. Maali Kris A. MacDonald Sandra M. & John F. Macias Donald A. & Esther G. MacInnes Gordon & Edna L. MacKenzie Michael J. & Kathy Mackey Ryan O. & Jennifer Mackie Charles E. & Gail B. Magee Eleanor C. & James A. Maguire David R. & Cynthia A. Mahoney Sanford Mahr Ronald M. & Connie R. Maier Kari C. & Thomas J. Mainelli Ashis K. Maity & Sreerupa Das Maj. John M. Medlin, Sr., USAF (Ret.) Raymond L. Major, Ph.D. Stanley & Elka Malever Joy M. & Andrew L. Malivuk

Angela M. Malkin David E. & Carla E. Mallen Joshua L. Mandell Dennis E. & Leslie T. Manelli Jeffrey D. & Carmen E. Manley Chad J. Mann Alice & Mark T. Mannette Susan W. & Jeffrey L. Mapen David A. & Mila G. March Guy M. & Karen Klein-Marcus Gary J. Margolis, C.P.A. Michael J. & Deborah J. Marhee Katrin T. & Jay R. Marienthal Lindsay M. Marin Sherrill R. Marks Kimberly A. Marlow Ronald J. & Leslie C. Marlowe John E. Marmish, Jr. Joyce M. & James M. Marr Steven A. & Jana T. Marsh Craig S. Marshall Mary G. & Frank D. Martello Chantele A. Martin David A. & Jane M. Martin Erika G. & Kenneth A. Martin, III Jennifer S. & Frederick L. Martin Pedro N. Antonio Martin Marvin R. & Mary F. Martin Luis R. Martinez Katie Mason Stephen D. & Janice Y. Mason Norman D. & Cynthia L. Mason Eric J. & Jaime O. Masotti MassMutual MasterCard Paula M. & James J. Mathews Susannah V. & Russell P. Mathews John S. Matteson Diane P. & Don Mauldin Margaret M. Maxfield John D. & Lauren T. Maxwell Mrs. Tracy A. & Ronald P. Maxwell Amanda M. May Debra C. & Martin J. May Joseph P. & Karen P. May Joseph T. May Patrice L. May Mark J. Mayleben Martin L. & Elaine R. Mayo Katherine C. McAuliffe Colonel Laurence W. & Ann E. McCabe S. Mark McCall II Allison E. & Patrick J. McCarthy John J. & Deborah L. McCarthy Gevelyn R. McCaskill Thomas P. McClave Sara L. McClelland Steven & Jennifer McComas Shannon A. McCully Kathy M. McDonald Matthew A. McDonald Thomas H. & Ethel N. McDonald Frank A. & Jane W. McDonald Ryan C. McDonnell Sally J. McDonough Maris L. McEdward William J. & Marianna M. McElroy Skoti M. McElveen Thomas C. McGeachy George W. McGourty Michael S. McGowan Cameron L. McGrath John P. & Heather F. McGrath James E. & Ethel K. McIntyre Laurian M. & Dennis J. McKenzie Lynn L. & Scott D. McKenzie E. Scott McKinlay Kimberly A. & Kenneth J. McKinney Kelly V. McLain Christine D. & Randy E. McLean Charles R. & Mrs. Pejal McLeod Jeremy S. & Meghan T. McMullin James H. & Cheria P. McNabb Clifford A. McNulty Greg McNutt Jean McPhail-Flom & Douglas A. Flom Jillian C. McSpadden Bill A. McVey David M. Mechanik Robert & Suzana Medina John M. & Elaine Medlin Ishir A. Mehta Jonathan W. & Mrs. Jezmyn L. Meide Samuel D. & Julie A. Meisler Francis D. Mejia Salvatore J. & Mary J. Melilli David R. Mellinger Mason A. Mello Jessica A. Menendez Roberto H. & Michelle A. Mercado Matthew C. Mercer Merck C. Carl & Shirley B. Mertins Douglas B. Mesler Roger J. & Stephanie A. Messersmith William T. Messick Matthew F. Messina Jacob B. Metcalf Peter F. & Jessica R. Methot MetLife Foundation Michael K. & Donna C. Metzler Anthony L. & Judith N. Meydrech Benjamin T. Meyer Collin A. & Mrs. Resha B. Meyer David J. Meyer Erin M. Meyer Theresa D. & Giles H. Meyer III Alan E. Mibab John H. & Maria T. Michaels Microsoft Corp. Harlow C. & Michelle Middleton James E. & Jane P. Miggins Alan T. Mihaley & Joanna M. Gabryszewski Dennis J. & Lisa M. Milam Jeffrey S. & Courtney W. Milford Carol A. Miller Christopher A. Miller Damian J. Miller Gavin O. Miller J. Gary & Stacey L. Miller Kyle Miller Martin K. & Karen H. Miller Rodney M. & Carla R. Miller Shari W. & Jess E. Miller Tatia J. & Daniel N. Miller William D. & Ruth C. Miller Robert A. & Fay Mills Judith G. Millsaps Danny & Violet Milton John & Alma W. Milton Lloyd O. Minear Dena M. & Robert C. Minning Eugene D. & Sandra V. Mirabello Janice C. Mitchell

Veleka J. Mitchell Mark S. Mize Larry M. & Emelina J. Mizrach Michelle K. & Kent C. Mock Joseph J. Moffa, Jr. Edward K. Mohler III Mondelez International R. A. & Caroline Mones J. Norman & Sara A. Monfort Steve E. & Cindy M. Mong William L. Moor III Harold C. & Luanna F. Moore Kyle & Lesley R. Moore Peyton J. & Ann C. Moore Randy W. & Suzanne Moore Ron W. Moore Maria E. Mora Helen A. & Francois J. Moreau Janet S. & Jeffrey L. Moredock Ann L. & Grant S. Morehead Frank X. Moreno Richard Moreno Katherine A. Morgan Mitchell H. & Pamela M. Morgan Patricia W. & Richard A. Morgan Paul K. & Adele M. Morgan Douglas J. Morgan, Jr. Rachel A. Morin Stephanie L. Morin Robert M. Morrell Charles A. & Danielle A. Morris David P. & Christina W. Morrison Natalie L. Morrison John P. & Deborah J. Morrissey Darren J. Morse Donna R. & Steven R. Mountain Jonathan Movtady Gloria Moy-Garrison & Todd C. Garrison Donna J. & Larry R. Muchmore, Jr. Leslie M. & Randall P. Mueller Matthew T. Mueller Zachary S. Muha Captain James W. & Doris G. Mullally Henry W. Mullen, Jr. Gregory D. & Mrs. Gotilind B. Mullersman Thomas W. & Traci C. Mulligan Mark M. & Pamela Mullin Heather M. & Adam Mulroney Adam B. & Sarah K. Munson Timothy P. Murphy Josephine A. & Francis Murray Ramya Murthy Michelle L. Mushrush Linda L. & Mark A. Mustico Deborah A. & Sanford G. Myers Jordan Myers Richard L. & Laura J. Myers Rick W. Myers Brendan D. & Jessica Mejias-Nair Robert P. & Mona L. Nalepa Stephanie M. Nappi Noah F. Narut Rashid M. & Mrs. Lubna A. Nasir Christopher C. & Vicki M. Nast National Christian Foundation Salman A. Naviwala Douglas A. Neal Neenah Paper, Inc. Dennis G. & Gail V. Nelson Annmarie M. & Matthew S. Nemeth Vijay C. Neppalli Elaine M. & John H. Nesbitt Samuel W. Nesius Richard J. Neubauer Donald O. & Sandra D. Neubaum New York Life Foundation New York Life Insurance Co. Sara L. Newell Jeanne L. Newlon & Douglass Johnson Neil L. & Christine J. Newman Kathleen & Andrew P. Ngo Peter H. Nguyen Thanh X. Nguyen The Hon. Arthur W. & Mrs. Teddy Nichols Adine R. & Willard B. Nicholson III Joshua R. Nicholson Ina Niculita Rafael J. & Lisa S. Nobo Zach R. Nolan Thomas E. & Mrs. Arca R. Nordmann AliceSun L. Norman Elizabeth Ella Norman Michael L. & Katherine A. Norman Daniel M. & Maria R. Norris Erin K. Norton Hunter J. Nottingham J. Stephen & Jeanne C. Nouss Christopher C. & Amanda Y. Novak Michael J. Nozzarella Glenn L. & Madge L. Nye Kurt E. & Judith F. Nystrom Donald M. & Pamela S. Oates Karen M. O'Brien Michael E. O'Brien Cindy T. & Daniel J. O'Connell Caroline E. & Michael J. O'Donnell Genevieve O'Hara Melynda D. & Shaun P. O'Hara Wendy G. & Lyle E. Olivier Carree R. Olshansky Michael J. O'Malley Erica W. & Michael O'Neill Gabrielle H. & Ryan D. O'Quinn Linda W. & Phillip J. Orfield Kathryn M. Orovecz Carl S. & Joan E. Osley Lee B. Ossin Ellen S. Ostrowski Becky L. O'Sullivan Lauren R. & Carl A. Otradovec Jennifer D. Otte Richard A. & Conchetta E. Ousey James B. & Linda M. Pace David A. Pacetti Andy H. & Daphne D. Packard Andres G. Padilla Robert L. & Patricia F. Page Ralph E. & Rita Fiorella-Paige Kalpana P. Palaniappa James R. Paleveda Reynaldo A. Palmero Mrs. Tracy C. & Jason W. Pamperl Rachel A. & John Panchookian Ruchir B. Pandya Christopher Papp Saurin S. Parikh Karen W. & James L. Park, Jr. Andrew S. & Claudia Parker Lisa J. & Jeffrey D. Parker Matthew J. Parker Robin L. & Daryll B. Parker Charles T. & Barbara H. Parks John G. & Georgia W. Parks William C. Parmelee

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Molly D. Vannier Barbara R. & Robert D. VanScoy Christopher A. Varca Jack H. & Carole P. Varney Jennifer L. Vasser Robert J. Vatalaro (d) Dennis G. & Johanna G. Van Veen Juan L. & Katherine L. Coffey-Vega Cristina M. Vega-Cantens Paul Vera Kathy R. Verducci Sydney S. & Sonya K. Vestey Holly H. & Gregory B. Vickrey Stacy G. & Phillip M. Vidal VMware Foundation Debbie R. & Stephen H. Vogel Edward W. & Susan L. Vogel Paul E. & Teresa F. Vogt Captain David L. & Mrs. Sonjie S. Vosloh Stephanie L. & Jason Waddingham William & Ruthi S. Waechter Rochelle F. & Chad M. Wagenheim James R. & Esther K. Wagner Maj. Crystal & Richard K. Wagner Paula H. & Brent Wahl Robert F. Waldbillig Walker & Dunlop LLC Quintina R. Walker RJ Walker Lori S. Wallace Brent K. & Mrs. Song A. Walrath Thomas J. Walsh Annabelle G. Walters Christopher L. Wand Christopher H. Ward Daniel A. & Amanda N. Ward Tommy Ware Charles F. Wareing, Sr. Carl A. Warmack Nina P. & Keith Warshofsky Stanley & Martha Neal-Warth Alexander C. Waters IV Christopher J. & Mrs. Tracy A. Watson Daniel C. Watson Sara B. & Seth D. Watson Michael J. & Debra M. Watton Lewis C. & Kimberly D. Webb Linda E. Webb Madeleine C. & Justin Webb Lynn M. Weber Jeffrey S. & Janet N. Weck Susan G. & Wayne T. Wegener John V. Weidkunas Marc J. Weinstein Ryan A. Weinstein Robert A. & Mrs. Jamie R. Weisler Andrew G. Weisman Jordan P. & Carol S. Weiss Gregory T. & Nancy F. Weitzel J. Michael & Judith P. Welborn Robert J. Wellen, Jr. Derek G. & Penny M. Wells Michael W. & Julie Ann Wells The Hon. Perry E. & Hester L. Wells Carolynn B. & Todd R. Wendt Mrs. Shera E. & Darren V. Weninger Robert A. & Patricia B. Wentworth Christopher W. West Justin West John C. & Patricia M. West Kevin M. & Shelley Lynn Westberry Lee A. & Laura A. Westerfield Fulbia A. Westfall Theodore A. & Cindy Wettstein John W. & Kay M. Whatley Joseph M. & Kathy Wheeler Stephen K. & Mrs. Tracy C. Wheeler Harold C. White James R. & Cynthia L. White James R. & Brendice G. White Kathleen Elizabeth White Judson & Nicole Whitehorn Danielle M. & Wesley L. Whitworth Georgina S. Wiborg Linda F. & Steven R. Wiece Leo & Virginia H. Wiener Joshua J. & Marissa A. Wilcox Eric J. & Julie W. Wild William A. Wilds Carolyn A. Wilkinson Carolyn V. & Gregory P. Wilkinson Irene W. & Andrew B. Willard Stacey R. & David R. Willenborg Alison Williams Bruce C. & Linda T. Williams Darryl M. & Patricia C. Williams Gregory Williams Harold C. Williams Jeffrey G. Williams Karen L. & Michael A. Williams Robert L. & Mrs. Jerrie F. Williams Rufus J. Williams, IV Joseph P. & Sally Williamson Kendrick W. & Tonya Williamson Amy F. & Maj. Billy G. Wilson II Brett B. Wilson Kayla M. Wilson Robert L. & Martha J. Wilson Laurel J. Wiltbank & Peter V. Smith Lt. Col. Russ & Pamela S. Winge Kenneth L. Wingert, C.P.A. Lt. Col. Ross W. & Marcia H. Winne Deidre C. Winnick Glenn H. & Anne M. Winograd Kathleen M. & David Winwood Seth M. & Lori E. Wise Ryan M. Witkowski Alisa R. Woideck Deann L. & Frank H. Wojcicki Carl L. & Mary A. Wolaver Adam A. Wolbarst Myron D. & Barbara B. Wolf Elisa J. Wolfe Nicolas J. Wolfson June W. Wong & Don Nguyen Mary Wonicker-Cook & Joel D. Cook Josiebelle P. & John W. Wood III Lillian J. & Clayton E. Woodard Adam S. Woodruff Michael R. Woodruff Richard E. Woods, Jr. Mark J. Woodward Scott M. Work Deborah L. Worth Richard Nickles Wrenn III Jennifer L. Wright Mary A. & Richard C. Wright Mary C. & Douglas G. Wright Robert G. Wright Robert L. Wright Jun Wu Weilin W. Wu Michael J. & Brenda M. Wyers Sojan Yadav

Samir C. & Mrs. Pooja Yajnik David A. Yakobovitch John N. Yang Min E. Yang Su-Ting Yang David D. & D'Anne Yarbrough Lori M. & Mark T. Yarbrough Nova K. Yates Fei Ye Dan R. Yeckes Ronald J. & Carolyn A. Yelland Juan E. Yepes David A. & Barbara H. Yergey Brian E. York Mrs. Clare K. Yorkison Mrs. Ashley L. & Robert A. Young Danielle L. & Lawrence Young Robert J. & Penelope F. Young Rodney Z. Young Richard M. Yunker John E. Zainer Patrick J. & Polly Zajac Heidi M. Zansler Cindy P. Zapata Gisel C. Zapata Aaron K. Zarate Thomas E. & Colleen M. Zei Michael R. & Elizabeth Zern Amanda L. & Michael Zides Sara P. Zimmardi Seeman H. & Nancy Zimmerman John J. Zoller

A NEW DIRECTION The College partnered with 160over90, a national branding agency, this past year to enhance the Warrington brand. This exciting collaboration has generated vibrant visual designs, focused our messaging and has energized the entire College. Our strengthened identity will be invaluable in our continued pursuit of excellence in business education. We invite you to engage with Warrington, and join us on this exciting journey!