EACH YEAR, THE SPRING LUNCHEON OF THE COMMERCE ALUMNI ASSOCIATION PROVIDES A MUCH WELCOMED OPPORTUNITY FOR ALUMNI TO GATHER IN CHICAGO. IT IS A TIME TO MINGLE AND TO CATCH UP. MOST IMPORTANT OF ALL, IT IS A TIME TO RECOGNIZE THE ACHIEVEMENTS OF OUTSTANDING CBA ALUMNI, FACULTY, AND STUDENTS.
Keynote speaker for the event, which took place on April 17 at the Palmer House Hilton, was Peter Solvik, B.S. Business Administration 1980. He spoke about electronic commerce generally and the phenomenal growth in the use of the Internet.
Solvik has been vice president and chief information officer of Cisco Systems, Inc., since 1992, achieving distinction for himself and his firm with breakthrough innovations in customer service and electronic commerce techniques. Cisco Connection Online (CCO) surpassed the $3 billion revenue run rate, making it not only the largest Networked Commerce web site in the world, but an award-winning one as well. Solvik has also garnered several awards for himself and CISCO among them, he was named one of Twenty-five Unsung Heroes of the Internet by Inter@ctive Week.
Recipient of this year's Commerce Alumni Association Appreciation Award is Willard Bunn III. The award is presented to a friend of the college and alumni association in recognition of outstanding service. An alumnus of Princeton and UVA, Willard "Googan" Bunn III has been a devoted supporter of the College of Commerce and Business Administration for many years. Managing director of ABN AMRO, Incorporated, Bunn is a long-time member of CBA's Business Advisory Council, which he chaired in 1995_96. He frequently comes to campus to speak as an Executive-in-Residence, and he has also taught in Poland for the joint UIUC/University of Warsaw MBA program. During a long and distinguished career in investment banking, he has served as senior vice president and managing director for The Chicago Corporation (acquired by ABN AMRO in 1997) and as chairman and chief executive officer of Banc One Illinois Corporation. Previously he worked for Chemical Bank in New York City and the Marine Bank of Springfield. He is a director at CILCORP Inc., in Peoria, and a trustee of Lawrenceville School. A former member of the University of Illinois Foundation Board of Directors, he remains a foundation member and also belongs to the foundation's Presidents Council.
|Commerce Appreciation Award winner Willard Bunn and keynote speaker Peter Solvik.|
|The Commerce Alumni Association Distinguished Alumnus Award, given to a graduate of the college for outstanding career achievement, went this year to Stanley C. Golder, B.S. Economics 1951. In 1996, this highly respected venture capitalist endowed the Stanley C. and Joan J. Golder Distinguished Chair in Corporate Finance at the College of Commerce and Business Administration. He announced the $1.5 million gift with these words: "You owe something to society when you have good fortune, and I have been fortunate." Golder is currently a consultant to Golder, Thomas, Cressey, Rauner, Inc., a private equity investment business which he co-founded in 1980 as Golder, Thomas and Cressey. He retired as general partner in the firm in 1993, capping a career that included such positions as vice president and chief operating officer of First Capital Corporation of Chicago, and executive vice president and general|
|manager of First Chicago International Banking Corporation. In his position as president of First Capital Corporation of Chicago and First Chicago Investment Corporation, he grew the company's portfolio from $7 million to $86 million in nine years. Golder's continued ties to CBA include membership on the Dean's Visiting Committee and the Business Advisory Council. He and his wife, Joan Jacobi Golder, have been honored with the Human Rights Medallion, the American Jewish Committee's most prestigious award. He serves on the board of Golden Apple, a Chicago program that promotes and rewards educational excellence.|
The banquet was also the occasion for the association to present the college's most prestigious teaching honors, the coveted Excellence-in-Teaching-Awards. Honored for their work during the 1997-98 academic year, were Elizabeth Moore-Shay, assistant professor of business administration, Neil Pearson, associate professor of finance, and Ihsan Ajwad and Rahim Quazi, both doctoral students in economics.
Excellence-in Teaching Award recipients left to right,
Long a focal point for UIUC graduates working in real estate, the Commerce Office of Real Estate Research (ORER) has established a new alumni group, called simply the Forum.
Launched in August of 1997, this group has been established for Commerce grads and other alumni currently involved in the real estate industry. Semi-annual luncheons, held in Chicago, allow Forum members to meet and develop contacts, and to keep up with changes in the University of Illinois real estate programs. With plans calling for more events and speakers, the Forum last February elected seven directors. They are: Sheldon Good ('55, founder and chairman, Sheldon Good & Company), Virginia McEwan Harding ('69, attorney-at-law, Gould & Ratner), Barry Katz ('69, CPA, Weir Floway, Fresno, California), Richard Knitter ('80, principal, Great Realty Advisors, Chicago), Irene Rundblom ('80, vice president, Duff & Phelps), Robert Smietana (president/COO, Hiffman Shafer Associates), and Michael Zukerman ('90, president, Michael Zukerman Company). For information about the Forum, contact Shelley Campbell, CBA Office of Real Estate Research, 217-333-8611.
Visit our home page for information about Commerce Alumni Association activities.