McCombs Weekly
      News from the McCombs School of Business 
04/24/08       


In This Edition

  • Heinz CEO Johnson Talks on Brand Power
  • Green Means Go Race on Sunday
  • McCombs Hall of Fame Members Hicks and Moncrief Named Distinguished Alumni
  • Media: McCombs Ranks First Nationwide in CPA Passing
  • McCombs School Job Postings

Johnson Talks Heinz Brand Power

Heinz CEO William Johnson

William R. Johnson, MBA ’74, CEO of Heinz and McCombs Hall of Fame member, spoke April 17 at the McCombs VIP Distinguished Speaker Series. Heinz is a brand that has deep roots not just in the United States but worldwide, Johnson said. Here, Heinz is the ketchup brand but elsewhere it is much broader. In China, Heinz is known for baby food while in United Kingdom it is baked beans, which is a dietary staple. “We sell 1.5 million cans of baked beans everyday. The Brits like to eat them on buttered toast for breakfast or snacks,” he said. “It’s an eye opener when you see the way your product is being used.”
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Green Means Go Race on Sunday

Green Means Go logoThe first ever “Green Means Go” 5K run/walk is this Sunday, April 27. Race day registration is available. The race is an effort led by undergraduates to raise funds to make the McCombs School more environmentally friendly. The students hope to raise enough to offset an entire year of greenhouse gas emissions produced by heating and cooling the overall square footage of the business school buildings. The race begins at 8 a.m. on the UT campus, so come show your support!


 

Texas Exes Name Hicks and Moncrief Distinguished Alumni

Two members of the McCombs School of Business Hall of Fame Tom Hicks, BBA ’68, and W.A. “Tex” Moncrief Jr., BS ’42, were named University of Texas Distinguished Alumnus Award recipients by the Texas Exes. This year will mark the 50th Anniversary of the Distinguished Alumnus Awards. The six alumni who will be given the award are being recognized for distinguishing themselves professionally and through service to the university. Hicks is CEO of Hicks Holdings LLC and owns the Dallas Stars, the Texas Rangers and the Liverpool Football Club. He is a philanthropist and former UT regent. Moncrief is an oil and gas producer and rancher. He is president of the Wm. A. and Elizabeth B. Moncrief Foundation, and he, as well as the foundation, contributes to many educational, health, civic, and cultural organizations. He also is a former UT regent.
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Media: McCombs Ranks First Nationwide in CPA Passing
The Daily Texan, April 22, 2008

Ross JenningsFor accounting majors, the Uniform Certified Public Accountant Examination can be cause for sleepless nights and countless hours of dedicated study. But for students enrolled in the McCombs School of Business, the high-stress test just got a little less intimidating. Of the nearly 200 UT students who took a portion of the exam in 2007, 76.8 percent passed on the first try, according to statistics compiled by the American Institute of Public Accounting. UT’s passing rate is the highest in the country. “There really is no magic to it,” said Ross Jennings, accounting professor. “We just have students who come here ready to work and faculty that is more than willing to teach them. It has been a high-quality program for some time and will continue to be one.”
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McCombs School Job Postings

© 2008 McCombs School of Business at The University of Texas at Austin.