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October 19, 2007
In
1980, a ragtag group of Austin entrepreneurs began a new type of
grocery store in the shell of a former night club. They called
it Whole Foods Market. Nearly 30 years later, Glenda
Chamberlain, BBA ’73, Whole Foods executive vice
president and chief financial officer, is a polished leader of
the nation’s largest natural and organic foods retailer. And she
is teaching others why “conscious capitalism” is the best
business paradigm. “Why can’t business people be said to have
aspirations related to the public good?” Chamberlain asked. “The
truth is that there are many large corporations today that do
have great purposes.” Chamberlain spoke Oct. 10 as part of the
Lyceum Speakers Series. 
As
the demand for jobs in the accounting industry grows, so has enrollment in the McCombs School's accounting classes.
Steve Limberg, accounting professor and
director of the MPA program, credits this increase to heightened public awareness after
well-publicized scandals, such as Enron and WorldCom. “The
importance of accounting in high-level decisions was not as
appreciated,” Limberg said. “Accounting is at the heart of
understanding business and being a valued participant in
decision making.” According to Limberg, an accounting degree is
a valuable asset that provides students with numerous job
possibilities, including positions with accounting firms and
investment banking services.
Stacy
Smith, BBA’85, MBA ’88, was recently was named chief financial officer
and vice president of finance and enterprise services for
Intel Corp. His promotion came after assisting the company’s former
CFO for the past 18 months. Prior to serving as assistant CFO,
Smith was the chief information officer and general manager of
Intel’s European, Middle East and Africa (EMEA) region. In
his new role, Smith is responsible for leading the worldwide
finance organization and overseeing operation finance,
accounting and reporting, tax treasure, internal audit and
investor relations. Smith
has worked at Intel since he graduated from the MBA program.