Posts Tagged faculty

New Faces

This article was originally published in the Spring 2012 edition of the Huntsman Alumni Magazine.

Four new faculty members will be joining the Department of Management; three will become part of the Department of Finance and Economics; two will be faculty in the School of Accountancy; and one will join the Management Information Systems Department.

Devon Gorry

A researcher from one of the top economics education programs in the country has joined the Jon M. Huntsman School of Business in the Economics and Finance Department.

Devon Gorry has been a teaching assistant and lecturer in the Economics Department at the University of Chicago.

Frank Caliendo, an as­sociate professor in the Economics and Finance Department, said Dr. Gorry will bring valuable experience and add to the Huntsman School’s reputation.

“Chicago has one of the best economics depart­ments in the world,” Dr. Caliendo said. “We are excited to have her join the team.”

Jason Smith

A researcher who co-authored a paper accepted into one of the nation’s top finance journals has been hired by the Jon M. Huntsman School of Business.

Jason Smith, who earned his doctorate in finance from Washington University in St. Louis in 2006, will join the Economics and Finance Department. He has been an assistant professor of finance at the University of Kentucky since 2006.

Dr. Smith collaborated with three other research­ers on a paper that looks at specific effects of cash flows for corporations and how they are adjusting le­veraging ratios. The paper has been accepted into the Journal of Financial Economics, one of the most selective finance journals in the country. The Journal of Financial Economics rejected nearly 90 percent of all submissions from Feb. 2011 to Jan. 2012, accord­ing to its website.

Ryan Whitby

A professor whose research on executive pay has been published in one of the top finance journals in the world will begin teaching in the Economics and Finance Department.

Ryan Whitby has published in the Review of Financial Studies, one of the top three finance journals in the world, said Ben Blau, an assistant professor in the Economics and Finance Department.

“Ryan wrote an article exploring the practice of adjusting the terms of the options after companies pay their executives,” Dr. Blau said. “Having that article published in the Review of Financial Studies is very impressive.”

Dr. Whitby now teaches at Texas Tech University. He received his doctorate and master’s degrees from the University of Utah, and a bachelor’s in business administration from Weber State University in 1998.

John Ferguson

A Vanderbilt University law school graduate, who earned a Juris doctorate degree in constitutional law and international hu­man rights, has agreed to join the Jon M. Huntsman School of Business fac­ulty as a law, ethics, and international management lecturer.

John Ferguson, whose employment begins fall 2012, now works as a lec­turer at Baylor University and has a considerable amount of professional experience. First amend­ment consultant, attorney, and editor of The Texas Journal of Free Enterprise and Public Policy are three of many professional titles Dr. Ferguson has held.

Chad Simon

A professor who won the 2011 “Best Paper Award” at a top auditing research symposium in Europe has agreed to join the Jon M. Huntsman School of Business faculty as an assistant professor. He will teach accounting with an audit emphasis.

Chad Simon has worked as an assistant professor at University of Nevada – Las Vegas since 2008 and has garnered a considerable amount of professional ex­perience in a short amount of time.

Merideth Ferguson

With a doctorate from the University of Georgia and a master’s of ac­countancy from Brigham Young University, Dr. Simon specializes in audits and has been published in Accounting Review and Accounting Academic. The “Best Paper Award” recognition came at the 6th European Auditing Research Network (EARNet) Symposium in 2011.

Merideth Ferguson, author and co-author of more than 26 publications, conference papers, and presentations, will be joining the Jon M. Huntsman School of Business as an assistant professor teaching human resources classes.

Dr. Ferguson received two “Best Paper” honors from the Academy of Management, in 2008 and 2010. Her research has been featured in major media outlets such as ABC News, Business Week, Wall Street Journal Radio, and USA Today.

Dr. Ferguson earned her doctorate and master’s degrees from Vanderbilt University. She now works as an assistant professor at Baylor University.

Sterling Bone

The developer of the strategic sales manage­ment course materials used by the Jon M. Huntsman School of Business has agreed to become a new faculty member at the school.

With a doctorate from Oklahoma State University and an MBA in Entrepreneurship from Utah State University, Sterling Bone will join the Huntsman School of Business as an assistant professor of marketing.

Dr. Bone has extensive experience teaching courses such as market­ing management, services marketing, promotional strategy, and principles of marketing. He has earned high student ratings from these courses.

In the past year alone, Dr. Bone has been recog­nized as an AMA Sheth Foundation Consortium Faculty Fellow and honored for the Best Practitioner Presentation at the Frontiers in Service Conference.

Timothy Gardner

A researcher known for his work in strategic human resource manage­ment has agreed to join the Jon M. Huntsman School of Business in the Management Department.

Timothy Gardner is now a professor of management at Vanderbilt University.

Dr. Gardner received his doctorate in 2002 from Cornell University and his master’s degree from The Ohio State University in 1996.

Dr. Gardner conducts research to find out if firms can gain a competitive edge in the marketplace by taking better care of their employees and business partners, according to Alan Warnick, associate department head for the management department.

“He comes with a great research record, along with a long list of journal articles and book chapters to his name,” Professor Warnick said.

Nicole Forsgren Velasquez

A former Huntsman valedictorian, who is now teaching at Pepperdine University, has agreed to join the Huntsman School of Business in its Management Information Systems Department. Nicole Forsgren Velasquez was Huntsman’s valedictorian in 2001, and she was also named the Robins Award Scholar of the Year, a Utah State University award given to one outstanding student each year.

Dr. Velasquez has since gone on to earn a master of accounting and a doctorate in management information systems from the University of Arizona, a university that has a top-five rated MIS program. She is now an assistant professor in the Business Division at Pepperdine University where she conducts research dealing with cost allocations, knowledge management, and IT impacts. She said she likes to collaborate with undergraduate students on research, something she intends to continue at USU.

She has been a featured speaker at industry and academic events. Dr. Velasquez has also drafted technical white papers, a patent, newsletter articles, and academic research papers.


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Students Expected to Raise Nearly $200,000 for Entreprenuers in Developing Countries

This article was originally posted November 2011 by The Huntsman Post.

Students Put Skills Into Practice by Raising Money for Worthy Causes

By Paul Lewis Siddoway

It may be hard to see, at first, how a shotgun-shooting contest could help an entrepreneur in Peru. And most probably wouldn’t think that dropping a professor into a cold dunk tank in front of the George S. Eccles Business Building might help someone in Africa start a new business.

Dave Herrmann is only dry for a split second after someone scores a hit on the dunk tank.

It is easier, however, for students at the Jon M. Huntsman School of Business to make that connection, especially those in marketing classes taught by David Herrmann and Ron Welker.

Students in management 3110 spend each semester executing service projects; many of them with a goal to raise money for the Small Enterprise Education and Development program, or SEED. Other teams chose to work on other projects for other non-profits or a worthy cause of their choice.

All of the teams are under the same obligation to demonstrate they have learned something in class. Mr. Hermann, executive-in-residence in the Huntsman School’s management department, said the assignment is designed to help develop leadership, and harness the power of teamwork as the students plan, organize, execute, and report on their projects. To give them a goal, he said the revenue from their projects could be used to help fund the SEED program, which started in 2007.

This semester, he said he expects the total amount of money raised by Huntsman students for the SEED program will be between $180,000 and $190,000.

The SEED program, Mr. Herrmann said, is designed to give students hands-on learning as students mentor and teach aspiring entrepreneurs in developing economies, adding that some graduate and undergraduate students spend a semester doing internships as “permanent players” in Ghana, Peru, or Uganda.

At least two student interns are on-location year-round, teaching local entrepreneurs about basic business principles, he said. Study abroad students then come for a week and help filter through business plans written up by those who have completed the course taught by the Huntsman student interns.

Dave Herrmann plunges into the cold waters of a dunk tank knowing it was for a good cause. The dunk tank was part of one of the many fund-raisers his students conducted to raise money for would-be entrepreneurs in developing countries.

The money raised by students at the Huntsman School, which Mr. Herrmann said is kept separate from university funds, will then be loaned to qualifying entrepreneurs as micro- or small-enterprise loans. Of the sixteen business plans submitted in Peru last summer, he said half were approved and given loans.

“We don’t want to set anyone up for failure,” he said. “If it’s not going to work, we don’t fund it.”

Once the loans are given out, Mr. Herrmann said student interns check up with the entrepreneurs on a weekly basis and continue to mentor them, teaching them such things as how to make monthly financial statements.

Chelsey Funk, a senior studying economics, said her time with SEED in Abomosu, Ghana, was the most rewarding experience of her college career. Along with the other Huntsman students, she said they were able to help 31 individuals start or expand small businesses.

As the businesses grow, the loans increase as well, Mr. Hermann said, adding that he is taking MBA students to Africa in November to analyze a potential medium enterprise loan for a cocoa processing plant.

The SEED program provides students with opportunities in all four of the Huntsman School’s areas of emphasis as student work in a foreign culture, analyze business plans, and mentor local entrepreneurs. Melody Jensen said her three months in Africa helped “drive home” the importance of having an entrepreneurial spirit.

“In the eastern region there aren’t a lot of options for employment,” she said, “so people have to make things happen on their own. I definitely gained a greater understanding of what it takes to start and sustain a business.”

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Huntsman Professor shares $600,000 grant, stresses out computer characters

This article was originally posted November 2011 by The Huntsman Post.

Three Utah State University Colleges Share $600,000 Grant

By Paul Lewis Siddoway

Dozens of computer characters are about to become very stressed out thanks to the research of a professor at the Jon M. Huntsman School of Business.

The characters will be reacting to emergency situations such as explosions and fires as researchers try to find out ways to better help disabled people during emergency situations and building evacuations.

Yong Seog Kim, an associate professor in the management information systems (MIS) department at the Huntsman School, is one of four principal lead researchers from three Utah State University colleges and three university research centers which have been awarded a $600,000 grant to conduct the study.

USU’s colleges of agriculture and engineering, as well as the Center for Persons with Disabilities, Center for Self-Organizing and Intelligent Systems, and the Utah Transportation Center are also involved in the project.

Dr. Kim is developing the software used to program the agents or individuals in the computer simulations. The agents will be able to respond to emergency situations based on information gathered from real simulations and human behavior, which he said are anything but straightforward.

“It’s not just simple evacuation of people without disability,” Dr. Kim said. “We would like to see how people without disabilities would react to the people with disabilities. So we are looking at the psychological impact.”

John D. Johnson, department head of MIS at the Huntsman School, said Dr. Kim is an integral part of the simulation portion of the research.

“He develops software that can mimic human characteristics and demonstrate what people would do in a real emergency,” Dr. Johnson said. “Computer agents in a simulation can react to an emergency just as real people would, giving researchers vital information they need in order to draw informed conclusions and make valid recommendations.”

Agent-based simulation has been Dr. Kim’s research specialty since his MIS Ph.D. program at the University of Iowa in 2001, and he said one challenge is predicting human behavior when programming the agents.

Another worry is the sheer amount of experiments, Dr. Kim said, due to all the architectural and human variables.

“Since we need to have very complete data, we are looking at many different experiments,” he said. “When you look at all the different combinations, we found out we need about 100 experiments.”

Dr. Kim said he is very excited for this opportunity and ties this project into the Huntsman School’s “analytical rigor” pillar of education. Graduate students will help extract information from the raw data, analyze it, and build the models, Dr. Kim said, adding that the first phase of the project, which is primarily data collection, is planned to conclude in 2013.

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2,000+ Students Participate in Business Week

This article was originally posted October 2011 by The Huntsman Post.

Business Week Raised Money and Gets Dean in Chef’s Hat
Students Raised $16,000 for Huntsman Cancer Institute

By Paul Lewis Siddoway

As Business Council members look back at Business Week, they say they are grateful for the many student volunteers who helped make the events successful.

Participants in the Last Dash Relay head off on their run. Business Week fundraisers generated $16,000 for the Huntsman Cancer Institute. Photo by: Paul Lewis Siddoway

Business Week, held every autumn, features events and service activities for students, alumni, and friends of the school aimed at giving them the opportunity to network and participate in fundraisers for a worthy cause. The events are sponsored by the Business Council, which is made up of 20 students selected by Utah State University’s business senator, who listen to their classmates and take leadership roles as they contribute to the School’s progress.

This year the Business Council, Sigma Chi Fraternity, and the Armenian Association raised money for the Huntsman Cancer Institute and presented a giant check for $16,000 to Jon M. Huntsman at the Annual Awards Banquet. Scot Marsden, the 2011-2012 Business Senator for the student government and Business Council president, said the money came from events such as the Huntsman Alumni Charity Golf Tournament and donations from sponsors such as ICON Health & Fitness and Cache Valley Electric.

“The tournament raised a significant amount of money for us,” he said, “and we raised a record-breaking amount of money through sponsorships this year.”

Reed Page, a sophomore in economics and international studies, as well as the senior vice president of the Business Council, said all the volunteers who helped out with any one of the 20 events surprised him most from Business Week.

“I was surprised by the volunteers, who weren’t a part of the Business Council or a part of Sigma Chi,” he said. “Just regular business students who came out of the woodwork to fill some needed spots.”

Kailey Larsen, a human resources senior and the service VP on the Business Council, said she was impressed by the number of passersby who took time on their way to class to help put together kits for patients at the Huntsman Cancer Institute and their families who come from out-of-town, each of which consisted of basic home-maintenance tools, first aid supplies and essential hygiene products.

“We had to end the service project early because there were so many people lined up to help, we ran out of things for them to do,” she said. “We had tons of students who wanted to help.”

Mr. Marsden said nearly 2,100 students planned, volunteered at or took part in the activities in Business Week 2011.

Dean Douglas Dean Anderson and Associate Dean Jeffrey Doyle serve hot dogs to Liz Arellano (left) and Sloan Bailey. Photo by: Steve Eaton

Along with the help provided by students, Mr. Reed said he was also pleasantly surprised by some of the events themselves, which he hopes will continue as Huntsman School and Business Week traditions. One such event was “Dog’s with the Deans.” Executive Dean Ken Snyder said the event, held for the first time this year, gave the deans an opportunity to interact with the students in a unique way.

“We always talk about our desire to serve our students,” he said, “but rarely do we get to do so in such a tangible way. We had great fun interacting as we cooked hot dogs and handed them out to hungry students.”

Mr. Reed said he was glad they hosted on-campus fundraising activities that got students and the community to participate, like the Last Dash Relay. Mr. Marsden said he hopes activities like the race and the golf tournament continue as a school tradition, with each year garnering more support from students, alumni, and friends of the Huntsman School.

The Business Council also invited all the Aggies who did not trek to Provo for the BYU game to gather at the Nelson Fieldhouse where they watched the contest on a big screen. Mr. Reed said he would like it to become a tradition which would bring students together for all away games.

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Professor Wins Fulbright Scholar Grant

This article was originally posted October 2011 by The Huntsman Post.

Fulbright Scholarship Funds Hungary Academic Experience

By Paul Lewis Siddoway

An associate professor in the management information systems department of the Jon M. Huntsman School of Business has been awarded a Fulbright Scholar grant to teach in Budapest.

Zsolt Ugray is one of only 1,100 faculty and professionals in government, science, the arts, business, philanthropy, education, and athletics from the United States who is traveling abroad through the Fulbright Program this school year. He is teaching classes in Corvinus University’s MIS program and is continuing his international research on the use and development of information systems and business intelligence tools while in his native Hungary.

Dr. Ugray received his doctorate from the University of Texas in 2011. He was selected based on academic and professional achievement, as well as demonstrated leadership, according to the J. William Fulbright Foreign Scholarship Board.

The Fulbright Program is an international educational exchange program sponsored by the U.S. government, operating in more than 155 countries around the world, designed to increase international understanding by studying, teaching, conducting research, exchanging ideas, and contributing to finding solutions to shared international concerns.

Corvinus University reported 17,879 students enrolled last school year, compared to Utah State’s 25,767. Dr. Ugray said the university, which is noted for its programs in economics and business management, was looking for a scholar with teaching and research experience in MIS in a global context, which goes hand in hand with his interests and the Huntsman School’s vision.

“This kind of program is in strong alignment with the Huntsman School’s efforts into global academic endeavors,” he said. “It complements the School’s existing efforts and supplements it with a focus on faculty’s research into international issues related to their field and gives more opportunities to develop relationships, contacts, future visiting possibilities for students and academics both to and from Hungary.”

Corvinus University is interested in building cooperative research projects in the MIS area, Dr. Ugray said, and specifically in his ability to teach several courses in their English language undergraduate and graduate MIS programs. He said the application process was not easy and took more than a year of planning.

“I started the process in the summer of 2010,” he said. “I wrote a research plan and described the types of courses I can offer to teach. I secured three endorsements, one from my department head, and two more that related to my scholarly and academic skills and achievements.”

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Online books spark millions of hits

This article was originally posted September 2011 by The Huntsman Post.

Huntsman professors post their free books online, generate millions of hits

By Paul Lewis Siddoway

Two professors at the Jon M. Huntsman School of Business are providing students around the world with free books for their accounting classes.

Larry Walther

Larry Walther, a professor and head of the School of Accountancy, published Principles of Accounting online and offered it to the world for free in 1998, saying that it seemed like “the obvious thing to do at the time.” The book now receives 10 million hits a month from more than 100 universities and colleges.

Dr. Walther’s Principles of Accounting and seven other free volumes he co-authored with Chris Skousen, an associate professor of accounting at the Huntsman School of Business, provide access to the lesson text, workbook problems, and video supplements for lower division accounting principles classes.

Dr. Skousen said since he began using e-books in 2009, they have had a global reach. Instructors from institutions all over the world have started using the Huntsman professors’ e-book materials, including Jared Burgess, who received his MBA from the Huntsman School in 2010 and is now teaching in Korea.

Chris Skousen

The books are also examples of other pillars of the Huntsman School.

“Innovation, entrepreneurship, and leadership are all part of the Huntsman School’s mission,” Dr. Skousen said. “That’s what we’re doing here; we’re at the front of the new thing. The way things are going, you’re going to see a lot more e-books.”

Dr. Walther said that part of his reasoning for offering his books for free was that he hoped to help students. He also said he wanted to keep the information and examples current, without having to reprint the whole work. Dr. Skousen added that the format seems to be the preferred method of students.

“In one class, only one of forty-six students said they preferred to have a real textbook,” Dr. Skousen said. “So now we made it possible to print the whole book, not just each PDF file.”

In July, a national survey by Kelton Research reported that 62 percent of students surveyed would study more often if they could access their textbooks digitally, and 54 percent would study more efficiently.

The books that Dr. Walther and Dr. Skousen have written are available at, a website that offers downloads of textbooks, business books, and travel guides for free. Dr. Walther’s work is available at

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Former Jazz marketing exec joins Huntsman School

This article was originally published in the Fall 2011 edition of the Huntsman Alumni Magazine.

A former Utah Jazz executive has joined the Jon M. Huntsman School of Business team as a lecturer and a co-director of strategic marketing and brand management.

For the last five years Eric Schulz has been the marketing head of the Larry H. Miller Sports & Entertainment Group, overseeing the Utah Jazz, Salt Lake Bees, KJZZ-14 TV, and other Miller properties. In his new position, he will draw from his experience in marketing and brand management with international companies such as Disney, Coca-Cola, and Procter & Gamble. He also has experience in sports marketing, having worked on the Olympics, in the XFL Football League and in minor league baseball.

Mr. Schulz is the author of The Marketing Game, How The World’s Best Companies Play to Win. Since 2002, he has taught product marketing and brand management to MBA students at the University of Utah and Brigham Young University. Mr. Schulz earned an MBA from the Marriott School of Management at BYU.

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