Tag: Spring 2012

  • On Board

    On Board

    Brent Turner at Pier 66 on Seattle’s Puget Sound
    Brent Turner at Pier 66 on Seattle’s Puget Sound

    For a guy from Middle Tennessee, Brent Turner, MBA’99, sure uses a lot of nautical terms. That may be the impact of having lived near the Puget Sound in Seattle for the past 12 years, but his choice of words is fitting nonetheless. Turner is helping steer the future of Owen as chair of the school’s Alumni Board, and his enthusiasm, drive and leadership are just the types of invaluable assets you’d want in someone at the helm.

    When Jim Bradford, Dean of the Owen School, asked him to lead the board last year, Turner was both honored and surprised. Even Turner’s assistant good-naturedly asked him if he was absolutely sure Bradford was serious. (Those are the kinds of self-effacing stories Turner likes to tell about himself.)

    “I didn’t immediately tell [Bradford] yes, but I didn’t have to think about it long,” says Turner, Executive Vice President of Call Products for Marchex, a Seattle-based digital call advertising company.

    That’s because of his deep-running zeal for all things Vanderbilt. Turner is one of the youngest members of Owen’s Board of Visitors, composed of corporate leaders from some of the world’s most prominent companies, who advise the dean on curriculum, the needs of the business community and the overall strategic direction of the school. He also serves as a class representative on the school’s Alumni Council, which encourages alumni participation and promotes philanthropic support. He even keynoted last year’s Discover Weekend for prospective students and has helped hire Owen graduates. And as if that isn’t enough, this marks his third year on the Alumni Board and second as its chair.

    “He’s a passionate guy,” says Dave DiFranco, MBA’99, a Principal at private equity firm Blue Point Capital Partners. “Whatever he decides to spend his time on, it’s 100 percent. That’s true about SEC football, the Titans, the Owen School. That’s how he is, and he inspires others, like me, to get involved, too.”

    Having a well-respected classmate lead the Alumni Board gives DiFranco a sense of confidence. “He’s not afraid to deal with tough stuff,” he says of Turner. “You might not always like what Brent has to say, and he doesn’t shy away from the tough issues. But that’s what a leader does.”

    Turner’s decision to immerse himself in board activity at the school was fueled in part by Bradford’s all-hands-on-deck approach to bringing Owen closer to its goals. “He understands,” Turner says, “just how important it is to have as many people in the boat as possible if you’re trying to turn it.”

    Part of the Returns

    Turner was inspired to accept a leadership role because he saw that Bradford valued alumni input and sought answers to difficult questions. “I was impressed,” Turner says, “that he was willing to tackle what had been the central issue at Owen, which was: ‘What is the school’s strategy going to be? What’s going to be the role of rankings in determining our success?’ That’s a very hairy conversation to have, but I noticed him having it at both the Alumni Board level and Board of Visitors level as well as with faculty and staff.”

    “The period in my life when my perspectives on the business world, and the world in general, opened the most was the two years I spent at Owen.”

    —Brent Turner

    “Brent is a doer, a no-nonsense guy who is passionate about Owen and committed to its success,” Bradford says. “These qualities are the reason I picked him for this job.”

    Turner bears in mind that many of his fellow board members travel thousands of miles for meetings because of a strong desire to “move things forward,” as he says. He has redesigned the Alumni Board into a working board, with teams to help support the school in targeted areas, such as alumni connectivity, student recruitment, career placement and fundraising.

    Members have assignments and goals and report their progress regularly. “The idea is to make it meaty enough that it’s appealing but not so bad that it smacks of volunteer labor,” Turner says.

    Fellow Alumni Board member Russ Fleischer, MBA’91, who is CEO of HighJump Software, a supply chain management software company, offers his own take on Turner’s style. “He’s not shy about reaching out and getting people involved,” Fleischer says. “Like so many of us, he has a strong passion for the school. That’s the attribute we both share—a deep passion for the school and a deep willingness to do whatever will help the school succeed and thrive in the future.”

    Turner’s personal focus as a board member—improving alumni engagement—is approached with his usual fervor. His challenge for his fellow alumni: “I’m going to invest now with my time, talent and treasure because I want to be part of the returns.”

    Turner’s board experience has helped him see the value of every contribution. With classmate Alli Zaro Fitzgerald, MBA’99, he hosted a well-attended webinar in 2011, in which he presented his thoughts about the school’s strategy. He followed with a live presentation to Seattle alumni.

    “I think that everyone who attended left the call with a renewed enthusiasm for Owen,” says Fitzgerald, Director of Finance and Marketing at SecuriCheck LLC, a background research company. The positive vibe was created in part, she says, by Turner’s characteristically frank discourse, particularly about the elephant in the room—the perception by some alumni that the Owen School is undervalued in rankings. His message was clear: Any advancement will come about in large part from increased alumni involvement on many levels.

    Turner is quick to say that no one considers rankings the only end goal, knowing that a school’s position can ebb and flow for no apparent reason. However, he says most people acknowledge that some of the rankings contain legitimate, objective measures of success and have to be heavily considered when planning and building strategy. In particular, they matter to prospective students and recruiters, who often perceive rankings as a litmus test of a school’s performance.

    “The philosophy for a long time has been to build a world-class business school and the rankings will follow,” he says. “There’s a lot of that that’s true, and a big part that’s not true. There are some tough choices that have to be forced by the market. The dean’s big contribution is the message that we ought to take these more seriously, but we shouldn’t sell out.”

    Alumni support is “the real chicken or the egg issue,” Turner likes to say. He believes that, if Owen is to make significant strides forward, alumni need to engage and support the school now instead of waiting to see if the new strategy works. It won’t be successful, he says, without their participation.

    After receiving some lackluster class alumni giving numbers via email in January, Fitzgerald recalled that it took about 30 seconds for another email to hit her inbox. This one, from Turner, simply said, “Let’s talk.” Within minutes, a five-point plan was in place to stimulate class participation.

    “He’s not afraid of difficult truths and approaches them head-on,” Fitzgerald says. “Yet he’s very approachable. He doesn’t lead by intimidation or try to impress everyone.”

    Getting Somewhere Together

    When analyzing problems, Turner relies on his training as an engineer to help him remain dispassionate. “That’s a gigantic asset in the business world,” he says. In the same breath, though, he admits to being not as strong in other areas. “On the other end, I struggle a lot with ideation and creativity,” he says. “I’m completely lost in a marketing meeting or going over advertising copy.”

    Turner majored in electrical engineering at the University of Memphis and went to work for Porter-Cable, a power tool company in Jackson, Tenn., after graduation. He was with Porter-Cable for nearly four years as parent company Pentair positioned the brand for sales in big-box stores.

    “As an engineer, I had a chance to be in a lot of the management meetings,” he says. “But I also walked the shop floor a lot and got to understand the differences between what the management team was trying to accomplish and what was actually happening on the front lines. It was very valuable. I learned how important it is to care about the people you are working with and who work for you. I learned the importance of clarifying their roles and making them feel safe if you wanted their best performance.”

    That perspective led him to think seriously about entering management. “I can do this,” he thought.

    Turner got to know an MBA intern from Kellogg Graduate School of Management at Northwestern who was sent by Pentair to evaluate Porter-Cable’s progress. The intern encouraged his interest in business, and Turner enrolled in some accounting classes locally. Surviving those, he then decided to take the GMAT, apply to “the big MBA schools,” as he says, and see what happened.

    “The best fit, easily, was Owen,” Turner says. His interview was affirming and straightforward. Everyone he met “was being real with each other,” he says, “and I did not forget that.”

    His Vanderbilt degree gives him a great deal of pride these days. “I will say that easily the period in my life when my perspectives on the business world, and the world in general, opened the most was the two years I spent at Owen,” he says.

    His classmates were “phenomenal,” he says, and his training matched that of his peers in the industry, adding, “I can’t imagine it being much better.”

    While there was pressure on Turner and his classmates to do good work, “what emerged was a collaborative, participatory environment,” he says. “It was a culture where everybody kind of understood we were all trying to get somewhere together. That’s not necessarily true in a lot of schools.”

    Ray Friedman, the Brownlee O. Currey Professor of Management and Associate Dean of Faculty and Research, remembers Turner as a stellar student, respected by his classmates. “He was focused on managing people and had a sense of the importance of relationships,” Friedman says.

    “Brent’s got a level head about him and a way of building relationships. He’s focused on what we have to do and the need to get beyond planning and brainstorming to saying, ‘Let’s make things happen.’”

    —Ray Friedman

    He’s been equally impressed by Turner’s work as an active alumnus. “He’s got a level head about him and a way of building relationships,” he says. “He’s focused on what we have to do and the need to get beyond planning and brainstorming to saying, ‘Let’s make things happen.’”

    After graduating from Owen, Turner did a short stint with a private equity group in Dallas before moving to Seattle and a company called Avenue A, a startup focused on Internet advertising. Over the next nine years, Avenue A became aQuantive, which in turn became the biggest acquisition in Microsoft’s history at a reported $6 billion in 2007.

    Turner, who had been Vice President of Operations for aQuantive, moved into the role of General Manager for Search and Media Network Businesses for Microsoft. He was part of the 2008 global rollout of Microsoft Media Network, Microsoft’s online display media business. Then, in 2009, he helped lead the global launch of Bing, a Microsoft Web search engine that now also powers Yahoo! Search.

    From Microsoft, Turner headed to Marchex, a publicly traded company that is experiencing rebirth through a focus on digital call advertising. Marchex helps companies reach the right prospective customers using mobile media.

    Instead of advertisers calling customers, smartphones provide the opportunities for consumers to place calls through the digital ads that they encounter while searching and browsing the Internet. “Most advertisers are intimidated by the complexity of figuring out how to place all those ads effectively,” Turner says. “That creates a role for an intermediary. We develop relationships with publishers of mobile advertising and make placing ads with them easy. Our job is to drive phone calls for our advertiser partners in a way that works for them economically and is not overly complex.”

    Turner enjoys being on the front end of this new frontier in advertising. “There are a lot more opportunities than most people realize in these early stages,” he says.

    Understanding the Conversation

    Not surprising, Turner directs his energy into volunteer work in Seattle as well, chairing the board of REST, or Real Escape from the Sex Trade, a faith-based organization that seeks to divert at-risk minors from being trafficked into prostitution. There are a surprisingly large number of minors working as prostitutes in the Seattle area: REST puts current estimates at 450.

    “In the garden variety case, a girl has a broken relationship with her parents and becomes a runaway,” Turner says. He explains that she might take a job in a strip club or a bikini barista stand where she is then befriended by a pimp who makes her feel special, at least initially.

    Turner channels his business acumen into understanding, as he says, “the demand side of the equation so we can come up with strategies for reducing the number of ‘johns’ hiring the girls.” REST also works to proactively identify girls who are at risk and give them alternatives.

    “We want to find choke points where we can prevent them from entering the life. We want to help them find work and understand their identity—that they are children of God,” he says.

    The work is difficult and emotionally demanding—“This ain’t for everybody,” he explains—but it’s ultimately rewarding when girls come out of life on the streets.

    Although Turner loves Seattle and is connected to the city in many ways, he relishes each opportunity to return to Nashville. When not in meetings at Vanderbilt, he often hops in his car for a visit to Columbia, Tenn., where his mother lives.

    “I probably see her more often than most parents with local children,” he says with a laugh.

    That filial devotion is not unlike the commitment he feels toward Owen. Turner believes that the school and its focus on an intimate community should not be taken any more for granted than a parent. It’s a message he hammered home in a speech to last year’s graduating class. “Make sure you appreciate just how special our culture is at Owen. Don’t forget just how awesome your classmates, faculty and fellow alumni are because you have had the opportunity to get to know them so well,” he said in the speech.

    Turner is frequently reminded of the high caliber of people associated with the school, particularly in his work with the Board of Visitors. “This is an impressive stakeholder group,” he says. “These people are used to board seats and understand the conversation. They’re very good at getting their fingers right on some of the key issues or root drivers of problems and then stating their views on how to solve them. It’s pretty amazing in that crowd how quickly you go from stating an issue to some fairly clear and prescriptive input at a tangible level.”

    As deserving as Turner is to be among those Board of Visitors members, he can’t help but inject some self-effacing humor into the discussion of his own place on the board. “They’re lowering their standards to have me on this thing,” he says. And then, he pauses to reflect on the scope of his alumni work at Vanderbilt.

    “In my life, I’ve had the opportunity to do lots of things that are pretty amazing,” he says. “This is one of them.”

  • Telling Our Story

    “All we have to do is tell our story!”

    This wasn’t the first time I’d heard that sentiment. In this case, Smoke Wallin, MBA’93, spoke up at a meeting of the Alumni Board in late 2010 as part of a discussion on how the school could move up in the rankings and attract the best applicants. But telling our story meant more than just having our faculty’s work cited in The Wall Street Journal or on Marketplace. To really break through the clutter and claims of other schools, we needed a bolder brand identity that would make the world sit up and take notice, proclaiming loud and clear that we are second to none.

    For years, Vanderbilt’s business school has been talked about as a “hidden gem,” a “best-kept secret,” a place that “you’ve got to experience to understand.” Those aren’t entirely bad qualities, and for a long time those attributes helped distinguish us from other top-ranked schools.

    However, with an aggressive new strategic plan in place, which includes pushing into the top-20 B-schools amid ever-greater competition for talent, we could no longer afford to be a hidden gem or best-kept secret. Telling our story had become—and remains—a competitive imperative. Below are just a few of the key steps in our yearlong journey.

    Step 1

    Find a creative partner

    In the same way consumer brands tap into renowned advertising agencies to sharpen their edges (and boost sales), we too set out in early 2011 to find a firm to help raise the school’s profile. With the support of an internal advisory board, we screened more than a dozen agencies from across the country, including ones that had worked with other top B-schools. We plowed through a mountain of amazing—and some not so amazing—work, finally narrowing the field to three firms. Each of these finalists presented their capabilities, including a broad array of creative approaches they’d used to help other clients achieve their goals. But in the end we selected an agency in Columbus, Ohio, called Ologie. A highly creative branding agency with about 50 employees, it has a client base that ranges from nonprofits and academic institutions, such as the Cleveland Clinic and Purdue University, to private companies like NetJets and the Food Network. Their creative team blended bold designs with smart, mission-driven content. It was a perfect match for our intimate, collaborative, and yet academically rigorous personality.

    Step 2

    Prioritize our audiences and objectives

    Everyone agreed that we needed to tell our story, and tell it boldly. But who needed to hear it? Obviously prospective students are a core audience. As is the wider Owen community, including faculty, current students and alumni. We also wanted to reach peer schools, which hold sway in the rankings and whose institutions serve as feeders for top student and research talent. But the one constituency that, with Ologie’s help, we learned could really spark a virtuous cycle was corporate recruiters—those who hire our students as interns and graduates. By broadening and deepening our relationships with employers, we’d see a short-term payoff in higher starting salaries and greater job placements. In addition, we hoped to leverage a growing alumni base within select companies to help boost our national profile for the long term and further strengthen the school’s network.

    Step 3

    Discover ourselves

    Now that we knew who should hear our story, the next question was just as important: What story do we want to tell? Each of us can rattle off five or six great things about Vanderbilt’s business school, but honing that message in a way that’s unique, credible and resonant with the people we’re trying to reach is a daunting task. So Ologie started by talking with dozens of stakeholders—faculty, staff, students of all programs and ages, as well as employers. Everyone agreed that “culture” was our single biggest strength. But here’s the rub: No two people described the culture in the same way. What’s more, employers don’t immediately see how our culture benefits their organizations. Ologie worked through this problem and identified a vocabulary for talking about our culture in a way that all audiences would find compelling and beneficial.

    Step 4

    Create … then listen, listen, listen

    Rather than go straight to designing a new series of ads, Ologie first drafted a manifesto—a galvanizing public declaration that explained in clear, energetic terms why this school is special. (Incidentally Apple’s “Think Different” campaign started with a manifesto.)

    The agency then brought these ideas to life with a series of mock-ups of advertisements, sample pages from an MBA viewbook, online ads and layouts of all the other materials we use on a day-to-day basis to promote the school. Our job was to take those items back to our audiences and understand what worked, what didn’t and why.

    As expected, there were elements that resonated with everyone, such as, “We’re the B-school built for the persistent. The genuine.” There were some that split opinions: Students rallied around “Rewrite the Rules,” for example, but alumni disliked it. And there were other things that were simply best left on the cutting room floor.

    Step 5

    A breakthrough!

    Using this feedback we spent much of the summer refining (and refining some more) the points that proved most salient among all the people we surveyed. Finally we began to see the outlines emerge of what we believe is a profound and truly unique brand narrative for the school.

    Step 6

    Tell the world

    The time had come to begin incorporating these new design and content elements into our marketing materials. The first step involved developing a positioning brochure that homed in on our manifesto in a creative manner. We also worked with Ologie to create an 83-page booklet using stats, facts, quotes, people and places to tell all that’s worth knowing about Vanderbilt’s MBA program. Over a six-week period, we sent these two items to more than 6,000 prospective students as well as 1,000 B-school deans, MBA and Executive MBA program directors. The results? It’s too early to tell, but, if it’s any indication, Jim Bradford got a call from another dean telling him that he liked the book so much that he was going to copy it.

    Starting in 2012, we began dialing back our involvement with Ologie. We’re now turning to an extended Nashville-based team of copywriters and designers to help translate Ologie’s new ideas and fresh look into our websites and future marketing materials. Next up is an ad for both print and larger displays, such as at airports.

    As you watch these materials take shape, I think you’ll find that they are truly different than anything we’ve done before. And yet, they capture our spirit perfectly—just as we had hoped.

  • Media Mentions

    The Associated Press

    March 7: Michael Burcham, Lecturer of Entrepreneurship, has been chosen as a “champion of change” as part of President Barack Obama’s “Winning the Future” initiative. Burcham was honored at a White House ceremony for his leadership in mentoring the next generation of entrepreneurs.

    Bloomberg Businessweek

    Nov. 2: MF Global Holdings Ltd.’s bankruptcy, the eighth-largest in U.S. history, is exposing a lack of internal controls that may have prevented a last-minute rescue of Jon Corzine’s futures broker. Hans Stoll, the Anne Marie and Thomas B. Walker Jr. Professor of Finance and Director of the Financial Markets Research Center, is quoted.

    Jan. 11: B-school electives have taken a turn for the creative, tackling everything from New York City’s problems to health care to humanitarian relief. In the Fundamentals of Quality Improvement in Health Care elective, students from the Owen School join nursing and medical students to focus on process improvements at Vanderbilt University Medical Center.

    CNNMoney

    Feb. 3: Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. David Parsley, the E. Bronson Ingram Professor of Economics and Finance, is quoted.

    Feb. 4: For some, Super Bowl Sunday is all about the game. For others, the ads take center stage. Jennifer Escalas, Associate Professor of Marketing, offers three keys to a killer Super Bowl ad: a meaningful narrative, strong linkage to the brand, and “equity,” which occurs when brands that appear perennially build up a positive association in consumers’ minds.

    The Dallas Morning News

    Feb. 14: Life-threatening problems persist at Parkland Memorial Hospital and are more widespread than previously known, enabled by a “business as usual” culture that has kept it from fixing serious breakdowns, according to a new report. Ranga Ramanujam, Associate Professor of Management, is quoted.

    The Economist

    Jan. 3: As Brazil’s economy booms, U.S. business schools are catering to increased interest in the country by seeking new partnerships and programs with local institutions. Vanderbilt’s Americas MBA for Executives program is mentioned.

    Financial Times

    Jan. 30: The Owen School ranks No. 4 nationally and No. 7 internationally in the human resources category of the Financial Times Global MBA Ranking 2012.

    Jan. 30: Interest in joint J.D. and MBA programs is being driven by changes in the demand for legal services, says Dean Jim Bradford.

    Forbes

    Dec. 2: Insurance is not a wealth redistribution tool in which good risks cover the bad ones to ensure that everyone pays the same rate, writes Larry Van Horn, Associate Professor of Management and Executive Director of Health Affairs.

    Jan. 26: Bruce Barry, the Brownlee O. Currey Jr. Professor of Management, is quoted about clichés and jargon used all too frequently in the business world.

    Fortune

    Nov. 23: MBA applicants from India and China face significantly higher rates of rejection by many top U.S. business schools than either domestic candidates or those from Europe or Latin America, according to a new study by Poets & Quants. John Roeder, Director of Admissions, is quoted.

    Dec. 9: The Owen School rose three places to 25th this year in a new ranking by Poets & Quants. The list is a composite of the five major MBA rankings published by Bloomberg Businessweek, The Economist, Financial Times, Forbes and U.S. News & World Report.

    The Globe and Mail

    March 13: Diverse in scope, new executive MBA programs often share similar features: an international learning component, a blend of in-class and online study, and curriculum delivered by multiple partners. The Americas MBA for Executives program is mentioned.

    Investor’s Business Daily

    Feb. 14: Companies can teach people to boost their what-if mindsets and can learn how to generate new approaches by working with employees in a number of brain-building drills. For example, David Owens, Professor of the Practice of Management and Innovation, suggests allowing workers to get out from behind their desks and try thinking in a new place. Read more about David Owens.

    Politico

    Nov. 29: Opponents of Dodd-Frank financial regulations have been emboldened by a circuit court ruling that faulted the Securities and Exchange Commission for failing to determine the full costs of implementing the law. The SEC responded to the ruling by bulking up its Division of Risk, Strategy and Financial Innovation, a sort of in-house think tank created in 2009 to examine the economic impact of the rules. The appointment of Craig Lewis, the Madison S. Wigginton Chair of Management, to lead the division is mentioned.

    SmartMoney

    Dec. 11: There is one way to steady a stock portfolio without unloading shares: an options strategy known as “covered calls.” The idea is to collect extra income now in exchange for giving up potential gains later. Bob Whaley, the Valere Blair Potter Professor of Finance, is quoted.

    U.S. News & World Report

    Feb. 23: Business students seem to be increasingly seeking jobs in the policy, technology and management of education, say education professionals. The Owen School is among the top-ranked business schools that have student-run education clubs.

    Feb. 29: Three-year programs are increasingly being explored by colleges and college-bound students and parents as a more affordable route to a degree. Others, like Vanderbilt alumnus Ted Griffith, BS’08, MSF’09, earned both a bachelor’s degree and a master’s in four years.

    March 13: The Owen School improved to No. 25, three spots better than last year, in U.S. News & World Report’s latest rankings of business schools. Read more about the rankings.

    March 21: Read McNamara, MA’76, Executive Director of the Career Management Center, discusses sectors that are hiring and offers advice to B-school graduates.

    April 3: Admissions officers at the Owen School discuss what they look for in applicants and what sets the school apart.

    The Wall Street Journal

    March 28: Alumnus Doug Parker, MBA’86, Chairman and CEO of US Airways, is interviewed about consolidation in the airline industry.

    April 5: The Owen School has increased support for job-seeking foreign students by hiring a dedicated career-services staffer for the international contingent; scheduling “how I did it” presentations by international students who successfully secured jobs in the U.S.; organizing job-hunting trips to Asia; and offering webinars to address cultural gaps and identify companies that are more open to sponsorship. Tami Fassinger, BA’85, Chief Recruiting Officer, and alumnus Juan Jose Thorne, MBA’10, are quoted.


    For more media mentions, visit the newsroom page at owen.vanderbilt.edu.

  • True Brew

    Linus Hall is the Owner of Yazoo Brewing Co., which produces several different beers, including the Pale Ale pictured here on the bottling line.
    Linus Hall is the Owner of Yazoo Brewing Co., which produces several different beers, including the Pale Ale pictured here on the bottling line.

    Running a craft brewery requires a personal touch, but few pour themselves into the job like Linus Hall. His Nashville-based Yazoo Brewing Co., which has expanded its reach across the Southeast since opening in 2003, is as much a testament to his handcrafted approach to beer making as it is to the larger aesthetic and philosophy that guide his decisions as a business owner.

    “You go down the beer aisle of any grocery store, and it’s mostly run-of-the-mill brands in boring metallic blue cans,” he says. “We try to go in the opposite direction with our brewery by being offbeat and memorable.”

    Named for the river that winds its way past Hall’s hometown of Vicksburg, Miss., Yazoo produces nine different types of beer, including a rotating seasonal variety. Several of them have labels featuring paintings by his wife, Lila. “Even though we ended up in Nashville, we wanted to reflect our Mississippi roots in our name and image,” he says. “It’s about capturing that Delta folk-art feel.”

    Yazoo-Name-Tag-200Distinctive as it is, the branding explains only part of Yazoo’s growing popularity. From the outset Hall knew that success hinged not only on the quality of his beer, for which he turned to the American Brewer’s Guild for a craft-brewing course, but also on the quality of his business plan. For the latter he enrolled in the Vanderbilt Executive MBA program, which he says gave him a strong foundation in strategy and operations, as well as a better understanding of what it takes to be an entrepreneur.

    Nearly 10 years into it, Hall still gets a heady feeling from being in charge of the business he’s built from the ground up. It’s not unlike the warm sense of satisfaction that his patrons feel after sampling one of Yazoo’s fresh drafts.

    “If you don’t get a thrill from what you’re doing, you’re not going to make it,” he says. “For me that thrill is walking into the taproom on a busy night and seeing customers enjoying our beer and having great conversations.

    “Beer brings people together, but good beer makes them happier.”

  • The Sweet Spot

    Sheru Chowdhry
    Sheru Chowdhry

    Sheru Chowdhry, MBA’00, laughs about his earliest experience living in New York City. His first apartment was in Times Square, and there was little respite from the noise and lights. “It’s a wonder that I didn’t end up half-deaf and half-blind from all of that,” he says. “It was sensory overload.”

    Chowdhry eventually settled on the other side of the Hudson River, where today he and his wife are raising their two children. The move has afforded him a better perspective on the city. “You can’t beat the view of the skyline,” he says. “Of course, I still work in Manhattan, but it’s nice to be able to step outside of it and take it all in.”

    In some sense, Chowdhry had to go through a similar shift in his career, and he now appreciates what he does for a living all the more. As Managing Director and Partner at Paulson & Co., a New York-based hedge fund company, he is fully immersed in the investment, or “buy,” side of Wall Street. Among his responsibilities is overseeing Paulson’s investments in distressed securities, such as companies that are entering bankruptcy.

    “I love what I do,” he says. “Bankruptcy investing is a good amalgamation of legal, financial and strategic thinking—about how we position ourselves in the capital structure and create value for the investors.”

    Prior to Paulson, Chowdhry worked in mergers and acquisitions on the banking side of finance. It was not a good fit, he admits. “I was an M&A banker for three years, but it wasn’t right for me,” he says. “The buy side was calling me.”

    Fortunately his Owen experience helped prepare him for the adjustment. “Vanderbilt was one of the best things that happened to me,” he says. “It has such an excellent finance program, and I learned so much from my fellowship working at the Financial Markets Research Center.”

    It was this debt of gratitude that prompted Chowdhry to host Owen students during this past October’s Wall Street Week, a tour of several different financial firms organized by the school’s Career Management Center. Chowdhry gave the students an overview of how Paulson’s hedge funds operate, but the opportunity also let him share some advice about working on Wall Street—advice that comes only from having a broad perspective.

    “Markets can be taxing, so it’s important that you find that sweet spot and love what you do,” he says. “In the long run, the people who do best are those who enjoy their careers.”

  • Rocky Mountain Reunion

    Thomas Felch, MBA’08, writes, “A group of Vanderbilt alumni shook out the cobwebs with a weekend trip to Vail, Colo.” From left, are Lanny Teets, MBA’08; Ellen McGinnis, MSN’09; Justin Terry, MBA’08; Melissa Hunter Duncan, BS’04, MEd’05; Jon Duncan, MBA’08; Bobby MacDonald, MBA’08; Sam Milton, MBA’08; Rebecca Goodyear, BA’03, MBA’08; Chrissy Felch and Thomas Felch.
    Thomas Felch, MBA’08, writes, “A group of Vanderbilt alumni shook out the cobwebs with a weekend trip to Vail, Colo.” From left, are Lanny Teets, MBA’08; Ellen McGinnis, MSN’09; Justin Terry, MBA’08; Melissa Hunter Duncan, BS’04, MEd’05; Jon Duncan, MBA’08; Bobby MacDonald, MBA’08; Sam Milton, MBA’08; Rebecca Goodyear, BA’03, MBA’08; Chrissy Felch and Thomas Felch.
  • Thank You to Our Alumni Ambassadors

    The Admissions office would like to thank the following alumni for their help in recruiting prospective students. If you would like to be involved in future Admissions events, please email admissions@owen.vanderbilt.edu.

    Atlanta
    Bella Abel, MBA’09
    Matt Abel, MBA’09
    Javier Canas, MBA’05
    Jared Degnan, MBA’09
    Travis Dunn, MBA’11
    Astrid Huebner, MBA’09
    Erin White, MBA’09Austin
    Paige Brown, MBA’10
    Michael Chao, MBA’11
    Chapin Hertel, MBA’10Beijing
    Chuan-Cheng “Tim” Wu, MBA’04Boston
    Jack Hartley, BA’04, MBA’11

    Charlotte
    Katie Branner, MBA’06
    Kate Haffey, MBA’11
    Hendrix Munowenyu, MBA’07
    Wes Wilson, MBA’07

    Chicago
    Macee Bumpus, MBA’09
    Amanda Fend, MBA’09
    John Ford, MBA’05
    Gaurav Goel, MBA’11
    Carrie Rennemann, MBA’07

    Dallas
    Fred Curcio, BS’03, MBA’10
    Allison Earnhart, MBA’10
    Michael Metcalf, MBA’09
    Gavin Richey, MBA’10

    Delhi
    Gunish Jain, MBA’98

    Denver
    Marie D’Englere, MBA’10

    Houston
    Brooks Despot, MBA’09
    Bill Lambert, BE’03, MBA’08
    John Robella, MBA’10
    Jay Vandenberg, MBA’05

    London
    Mike McCooey, MBA’02

    Los Angeles
    Michael Clinton, MBA’07
    Josh Gorham, MBA’07
    Joe Parise, MBA’10
    Jessica Sikca, MBA’09
    Serdar Sikca, MBA’09
    Courtney Simons, MBA’07

    Mexico City
    Ramon Montano, MBA’06

    Miami
    Nathan Hite, BA’02, MBA’10

    New York
    Dwyla Beard, MBA’11
    Andrew Bogle, MBA’04
    Justin Ferguson, MBA’11
    Henrique Hauptmann, MBA’04
    Cam Johnson, MBA’11
    Carolina MacRobert, MBA’11
    Jonathan McEvoy, MBA’09
    David McGroarty, MBA’11
    Priya Saha, MBA’06
    Simon Schoon, MBA’11
    Hunter Young, MBA’11

    Philadelphia
    Adam Lambert, MBA’10Raleigh
    Mike Shapaker, MBA’97

    Salt Lake City
    Doug Archibald, MBA’10

    San Diego
    Gwen Murray, MBA’06

    San Francisco
    José Arellano, MBA’11
    Chris Caughman, MBA’08
    Emily Dunn, MBA’05
    Karen Kremeier, MBA’05
    Tapish Kumar, MBA’08
    Kelly Leo, BS’03, MBA’11
    Keith Whitman, BS’03, MBA’11

    Sao Paulo
    Luis Berlfein, MBA’97
    Fred Muzzi, MBA’09
    Eduardo Oliveira, MBA’99
    Francisco Pinheiro, MBA’95

    Seattle
    Erin Anderson, MBA’10
    Claudia Escobedo, MBA’11
    Lauren Reus, MBA’11
    Megan Teepe, MBA’11
    Brent Turner, MBA’99

    Seoul
    Younghak Hong, MBA’08
    Seung Hee “Jerry” Jang, MBA’04

    Shanghai
    Cong “Lincoln” Lin, MBA’09
    Liangliang “Leo” Xu, MBA’10

    Taipei
    Wan-Jung “Sophie” Lee, MSF’11
    Chien-Chih “Carl” Liu, MBA’10
    Yi Pei “Amy” Lu, MBA’09
    Hsiao-Chuan “Sharon” Shih, MBA’04
    Pai-I Sun, MBA’11

    Tokyo
    Shige Aono, MBA’05
    Hirooki Atagi, MBA’07
    Yasu Kitazume, MBA’08
    Masa Morimoto, MBA’07
    Keisuke Yamashita, MBA’09

    Washington, D.C.
    Peter LaMotte, MBA’06
    Susan Strayer, MBA’07