McCombs School of Business
Texas Magazine : Summer/Spring 2006

Class Notes

BBAs

Robert L. Thigpin, Jr., BBA ’62, worked for Humble Oil and Refining Co. from 1962 to 1968 and since then has been an independent petroleum landman in Midland, Texas. He married his wife, Shirley, in 1971 and has one stepson, John M. Kirton II.

Jack W. Savage, Jr., BBA ’74, is now a partner in charge of the tax department of CF & Co. LLP, a CPA firm in Dallas.

Stan R. Mendoza, BBA ’74, was recently promoted to senior international account manager for the International Group of Pipeline Products of Baker Petrolite. Mendoza will be responsible for sales to Latin America, Africa and the Mediterranean.

Laura Hill, BBA ’74, formed Careers in Motion LLC, a career coaching firm where she works with people from all levels in career assessment, resume development, job search guidance, interviewing skills and more. Laura lives with her husband, Lyle Clark, MBA ’76, in New York City.

Otto C. Schwethelm, BBA ’76, was appointed vice president of finance and treasurer of Tesoro Corp., an independent refiner and marketer of petroleum products based in San Antonio. Schwethelm will be responsible for overseeing Tesoro’s public stakeholders, including banks, shareholders, lenders, analysts, insurance underwriters and credit counterparties.

David G. Hanson, BBA ’81, founder and principal of Houston-based First Harbor Group, LLC, has been listed as one of America’s Best Financial Planners by the Consumer’s Research Council. Hanson was chosen based on his experience, training, professional associations and financial certifications.

Dinesh Vaswani, BBA ’83, has been hired as managing director of Temasek Holdings Advisors India, Temasek’s private equity arm in India. Vaswani moved to Bessemer as an entrepreneur-in-residence in September 2004 from Walden International where he was managing director.

Challenger Capital Group, an investment bank in Dallas, has promoted Charles M. Davis, BBA ’84, to executive director and vice chairman of the board. Prior to joining Challenger, Davis served as managing director of investment banking at UBS in Dallas, as well as managing director at Merrill Lynch & Co. in Houston and Dallas.


Ray Cole, BBA ’86, vice president and partner in charge of business development at the Rand Group, will oversee operations at the group’s new Austin office. TRG is a Microsoft Gold Partner and leading provider of Microsoft Business Solutions. Cole has more than 20 years’ experience in enterprise resource planning, including time with Anderson Consulting and PricewaterhouseCoopers.

Timothy D. Belton, BBA ’88, has been named the new chief operating officer of TRC, a company that creates and implements solutions to the challenges facing America’s environmental, infrastructure, power and transportation markets. Prior to taking on his new position, he served as a director with Glass & Associates since 2004. Glass & Associates is a leading international turnaround and restructuring firm. Previously, Belton was with Anderson Consulting (now Accenture).

Yvonne Cullen, BBA ’89, has opened her second Jersey Mike’s Subs branch in Austin at Plaza Volente, located at RM 620 and Anderson Mill Road. She and her husband, Steve, opened their first Austin location near the Arboretum more than two years ago.

Vince Calicchia, BBA ’90, and his family have welcomed his second child, Maddox Vincent, to the world. Calicchia recently accepted the position as 2006 president for the Commercial Real Estate Association of Montgomery County, as well as 2006 vice president for the Houston Association of Government Guaranteed Lenders. He also continues to originate loans for Woodforest National Bank, the leading SBA community bank lender in the Houston market.

David Kane, BBA ’90, worked for nearly 10 years in foreign exchange trading and interest rate derivatives in New York City. In 2001, Kane moved to London to trade in the European market, a longtime dream of his. Last year, he moved from trading to sales, and he now works in a risk advisory group structuring foreign exchange and interest rate hedges.

Adam Auten, BBA ’91, is proud to announce the formation of Trinity Fiduciary Partners, an independent financial advisory firm in Mansfield, Texas. He is the co-owner and chief investment officer. The goal of the firm is to provide low cost investment solutions with unbiased financial planning to both individual and institutional clients. More can be found at www.trinityfiduciary.com.

Kyle Hranicky, BBA ’91, has been named head of the Wells Fargo Energy Group. An industry veteran with more than a decade of experience at Wells Fargo, Hranicky will lead a team of more than 60 professionals with offices in Houston, Dallas and Denver.

Chad Ruback, BBA ’94, was recently elected president of the Dallas Association of Young Lawyers. The group currently has about 2,400 members.

Sylvia Camps, BBA ’96, serves as executive vice president of Dylan’s Candy Bar, a brand founded by Dylan Ariel Lauren, the daughter of fashion guru Ralph Lauren. The brand has been featured in Warner Bros. movies, such as “Harry Potter and the Goblet of Fire” and “Charlie and the Chocolate Factory.” Camps, whose official role is marketing the brand, met Lauren at Duke University.

Jenny Koger Hamilton, BBA ’97, left private practice as an attorney for Lane & Waterman LLP in Davenport, Iowa and began working with Deere & Co. in Moline, Ill., as a senior attorney in the Products Litigation Group. She got married in May 2005.

Scott C. Farnsworth, BBA ’97, has joined Imperial Capital, a boutique investment bank, as vice president. Prior to joining the company, he was a director at Giuliani Capital Advisors, LLC where he provided restructuring advisory services to financially distressed corporate clients and their creditors.

Stephanie Kann Tobor, BBA ’97, founded Donation Doubler, a nonprofit organization that raises awareness for matching gift programs around the country. Tobor began the organization after Hurricanes Katrina and Rita, and it exists not only for those efforts but for every other conceivable charity. To find out how every penny you donate can be matched, visit www.donationdoubler.org.

Ali Abbasi, BBA ’98, is running UBCO Holdings, one of the largest manufacturing and power transmission companies in Pakistan. The company was selected as the top firm in its category in Pakistan and was an exhibitor at the Hannover Messe 2006 in Germany.

Craig Jennings, BBA ’98, and Meghan Gilfoil, BBA ’98, were married on Nov. 25, 2005, in Washington, D.C. Craig is a graduate student in the Public Policy School at American University, while Meghan is a professional development coordinator at American University.

Vikas Kalra, BBA ’02, was married to Monica Ghosh in July 2005. He will be attending Harvard Business School in the fall of 2006 to work on his MBA. , was married to Monica Ghosh in July 2005. He will be attending Harvard Business School in the fall of 2006 to work on his MBA.

MBAs & MPAs

James C. Crain, BBA ’70, MPA ’72, joined the board of directors of Crosstex Energy, a midstream natural gas company headquartered in Dallas. He has served as president of Marsh Operating Company, an investments management company focusing on energy investing, and as general partner of Valmora Partners, L.P., a private investment partnership.

Christopher Beach, MPA ’73, is now the managing director and office director for LECG, a global expert services firm. He founded Beach and Co. International, which was recently acquired by LECG. Beach has worked with public and private companies with a focus on forensic analysis and damage quantification for parties in disputes and litigation.

Hibernia Bank has announced that Paul Teten, BBA ’74, MBA ’76, will be the new chief fixed income strategist and senior portfolio manager for Hibernia Asset Management, a division of the bank’s Private Client Group. Teten will lead investment management operations in Houston. He has 29 years of experience in portfolio management and currently serves on several boards, including the Houston Museum of National Science, the McDonald Observatory- University of Texas Department of Astronomy, the Chinquapin School and the Texas Chapter of the Explorers Club.

Kevin Hegarty, BBA ’77, MPA ’79, was appointed to the board of directors for Staktek Holdings, Inc., a provider of intellectual property and services for next-generation, chip-stacking and module technologies. As chief financial officer of The University of Texas at Austin, Hegarty is responsible for managing the University’s accounting, finance, payroll, business contracts, real estate, and procurement operations and an annual budget of $1.7 billion. Hegarty also serves on several other boards of directors, including the Greater Austin Chamber of Commerce, Texas Exes Alumni Association, Town Lake Films L.P. and Burnt Orange Productions LLC.

Watts Wacker, MBA ’80, has been selected by the National Sigma Chi fraternity as a “Significant Sig,” an award for lifelong professional and service work. Wacker is a noted futurist and author, and resides in Westport, Conn. with his wife of 26 years and their two children.

Randall J. Frapart, MBA ’82, has been appointed executive vice president and chief financial officer of Datrek Miller International Inc., a supplier of products and value-added services to the golf industry. Frapart will oversee all financial functions of DMI including accounting, treasury, risk management and investor relations. Prior to joining DMI, Frapart was CFO at HyperFeed Technologies, Inc., a market-leading technology company based in Chicago.

Norman Stout, MBA ’82, has been named the next chief executive officer and the newest member of the board of directors of Inter-Tel, Inc. Stout, who has been with the company since June 1998, served as full-time executive vice president, chief administrative officer and president of Inter-Tel Software and Service, Inc. before he was named CEO. The company is based in Tempe, Ariz.

Hicks, Muse, Tate & Furst has changed its name to HM Capital Partners LLC after adding Jason H. Downie, BBA ’92, MBA ’99, and Edward Herring as partners. The Dallas-based private investment firm also has Jack D. Furst, MBA ’84, on its senior investment team. HM Capital is currently investing and managing a $1.6 billion fund.

Michael J. Fowler, MBA ’87, has been named executive vice president and treasurer of the South Financial Group, Inc. He will oversee asset liability management, derivatives, funding, funds transfer pricing and TSFG’s investment securities portfolio. Prior to joining TSFG, Fowler spent three years with Capital One Financial Corp., where he was instrumental in developing guidelines for acquisitions, funds transfer pricing, liquidity and market risk.

Robert A. Snell, MBA ’88, will be running Citigroup’s Corporate Banking Group in Tokyo, Japan. He has moved there with his wife, Barbara.

Michelle McKinney Frymire, MBA ’91, recently relocated to Orlando, Fla. with her husband Rich Frymire, MBA ’92, where she is the chief financial officer of Starwood Vacation Ownership, a division of Starwood Hotels and Resorts. Rich works as a financial consultant for an Orlando-based company. Michelle and Rich have four children: Richie, 13; Michael, 9; Alexandra, 6; and Katherine, 2.

Satish Mansukhani, MBA ’91, was elected as managing director at Credit Suisse in New York. He continues his role as head of mortgage strategy in the fixed-income division of the investment bank.

Reza Shirazi, MBA ’93, was promoted to manager of records and information management in the information technology department at LCRA. Shirazi became a United States citizen last September.

Kurt Holderied, MBA ’93, and his wife, Kate, recently brought their fourth daughter, Tatum Lee, into the world. Tatum was born on Nov. 17, 2005.

David T. Kubin, MBA ’95, has recently relocated from Delray Beach, Fla. to Scottsdale, Ariz., where he is a director and partner with Wood Partners, one of the largest and most active apartment and condominium development companies in the nation. In his new role as director of the Scottsdale office, David oversees a team of development and construction professionals creating new residential communities in Arizona, Nevada and Utah. He has been with Wood Partners for four years.

Angela Vaiser Klein, MBA ’96, and her husband are proud to announce the birth of their second child, Deborah Judith, born on Sept. 21, 2005. Her big brother Adam is four years old.

Paul K. Ito, MPA ’96, was recently promoted to controller for Alexander & Baldwin, Inc. Ito will be responsible for accounting, internal controls and financial reporting for the company. Ito joined A&B in April 2005 as director of internal audit. Ito is also a certified public accountant.

David Mehok, MBA ’96, and Kristin Mehok are proud to announce the births of Avery Margaret and Ashlyn Jill on Oct. 28, 2005. This brings the household tally to three little Lady Longhorns. (Their big sister, Kaeley, is 3 years old.)

Terry Kerr Neyland, MBA ’96, and her husband, Jeff, recently adopted a baby girl, Eleanor Isabel Neyland, on March 24, 2006. Isabel was born August 1. Neyland is currently a stay-at-home mom with Isabel and their foster daughter, Alexus. She will start law school at the SMU Dedman School of Law this August, where she has received the Dean’s Scholarship.

Greg J. Peterson, MBA ’96, met Mary Harada at a Manhattan Whole Foods Store, proposed to her at sunset on the southern rim of the Grand Canyon, and the two were married on Jan. 1, 2005 on the slopes of Sun Valley, Idaho. They welcomed their first son, Ryan, on Dec. 20, 2005. Peterson is based in New York City as the national private equity leader for the transactions services practice of PricewaterhouseCoopers.

Lupe Camargo, MBA ’97, has been promoted to financial consultant for Perspective Financial Services, LLC in Phoenix. She joined the company last year as director of client operations with 15 years of business analysis and marketing experience. She has held management positions with U.S. West, Honeywell and 3M. She currently sits on the advisory board for Holy Spirit Church in Tempe, Ariz. and the Scholarship Review Committee for the Arizona College Scholarship Foundation.

In January, Robert Palm, BBA/MPA ’98, was appointed to a board of directors position at SafePlace, an Austin-based nonprofit group that fights to end rape, sexual abuse and domestic violence. Palm is a residential mortgage lender at Advantage Mortgage Network of Austin.

Namrata Nayyar-Kamdar, MBA ’02, was recently promoted to senior manager for Lakmé, India’s largest and oldest beauty brand. She is currently handling innovation marketing. The brand is worth $50 million.

Glenn Muller, MBA ’03, was married to Alexandra Blei on Jan. 15, 2005.

Willis Dobbs, MBA ’03, was married to Leigh Rudder on Oct. 22, 2005.

Melissa Evers-Hood, MBA ’03, is currently residing in Portland where she is working on strategy projects supporting the Digital Office Initiative.

Winston Lam, BBA ’97, MBA ’03, was married in April 2005 and rang in the New Year in Argentina.

Flavio Gaudenzi, MBA ’03, is working as a consultant for an oil company in Macaé, a state of Rio de Janeiro.

Victoria Windham Wind, MBA ’03, was married to Martin Wind on Aug. 6, 2005. She also has a new job with EDS Corp. as a project manager in sales operations.




Rocky King, MBA ’03,
arrived back home from Iraq. He is now living in the Northwest.

Alfonso Calderon, MBA ’03, will be working on a project in Singapore between June 2006 and March 2007.

Ned Lavelle, MBA ’03, will be starting up a Jimmy John’s in North Central Austin, which he hopes will be open this summer.

Brant Bedford, MBA ’03, moved to Dallas where his company is hiring full-time marketing consultants in the Dallas and Houston areas.

Jennifer Mills, MBA ’03, was promoted to lieutenant commander and is a planning officer in the Seattle area.

Sterling Smith, BBA/MPA ’96, MBA ’03, has joined Stephens, Inc., based in Little Rock, Ark. Stephens, Inc., is an investment bank that provides a number of financial services. Smith is in the corporate finance group and continues to focus on public and private capital raising activities.

Manish Dharnidharka, MBA ’03, is working in New York at Thomson Financial and was also married last January.


PH.D.s

Sadik Al-bassam, Ph.D. ’80, is director of Gold Reef, which was recently acquired by OMG Mineral Exploration Inc. Al-bassam serves as a Kuwaiti CPA. He joined the faculty of Kuwait University in the accounting department in 1980. He served on the boards of directors of many investments and financing companies traded in the Kuwait Stock Market. He has published a few books in accounting in Arabic.

James B. Thomas, Ph.D. ’88, will be the next dean of the Smeal College of Business at Penn State after serving as dean of the College of Information Sciences and Technology since 1999. He will assume his new position on July 1, 2006. He is the co-author of more than 100 articles, book chapters, reviews and numerous presentations.

Lou Kost, Jr., Ph.D. ’80, is secretary-treasurer and director of Gold Reef. He is a former Texas state representative who served on the Banking Committee. Kost is currently secretary and director of Anviram, Inc., where his duties include interacting with the governmental agencies in Latin America on behalf of Phoenix Biotechnology, Inc.

The Kelley School’s Accounting Department is pleased to have Leslie D. Hodder, Ph.D. ’01, join its faculty as assistant professor this fall. Leslie earned her bachelor of business administration, as well as her MBA and master’s of accounting, at the University of New Mexico. She comes to the Kelley School from the Stanford Graduate School of Business, where she has been teaching since 2001. Before entering a career in academia, Leslie worked as a CPA at KPMG Peat Marwick, at Ernst & Young, and in consulting. She was also controller at Jack Clifford & Co., chief financial officer at Levy Bancorp, and director and finance chair at Carpinteria Sanitary District in California.

Want to share a note with your classmates? E-mail it to cory.leahy@mccombs.utexas.edu.