College

 C O L L E G E   N E W S

 

 N o t e w o r t h y

Appointments

The Board of Trustees approved the appointment of Huseyin Leblebici as head of the Department of Business Administration. Leblebici, who served as interim head of the department during the 1999-2000 academic year, is a professor of business administration and has been a member of the Commerce faculty since 1982. His research and teaching interests focus on organizational behavior. He also serves as director of the Office of Business Innovation and Entrepreneurship at CBA.

J. Fred Giertz has been named executive director of the National Tax Association. Giertz, who is professor of economics and at the Institute for Government and Public Affairs, has been on the University of Illinois faculty since 1980. His research and teaching specialties include public finance, public sector economics, public choice, and regional economic development. He produces the university's "Flash Economic Index," which uses such indicators as corporate earnings, consumer spending, and personal income to measure the strength of the Illinois economy, and he serves on the board of trustees for the State Universities Retirement System. Based in Washington, D.C., the National Tax Association is a nonpartisan educational group designed to foster discussion of tax theory, tax policy, and other aspects of public finance. The association publishes the National Tax Journal.

Grants

Two members of the economics faculty have received grants from the National Science Foundation. Roger Koenker has been awarded $184,917 over three years to pursue work on "Quantile Regression." Larry Neal was granted $88,446 over two years to work with Ann Carlos of the University of Colorado researching "Risk Management in the First Emerging Markets: Individual Behavior Before, During, and After the South Sea Bubble."

Members of the accountancy faculty have been instrumental in obtaining several recent grants. KPMG-Peat Marwick has renewed funding, in the amount of $1 million for the KPMG-UIUC Business Measurement Case Development and Research Program, which is directed by Ira Solomon. The program itself recently announced funding for eight proposals, for a total of almost $297,000. Dave Ziebart and Anita Feller have received a grant from the Illinois CPA Society to assist faculty at Illinois colleges and universities in integrating applied professional research skills in their undergraduate accounting programs. With J. J. Wu, a doctoral student in business administration, Ziebart has also received two grants to support research on pension information, actuarial assumptions and methods, and financial reporting. Sponsors are Judy Diamond Associates and the Actuarial Education and Research Fund.

Retirement

In December 1999, Daniel Orr retired from the College of Commerce. A professor of economics, Orr joined the University of
Illinois in 1989 as head of the Department of Economics, serving in that position until 1994. He had previously held academic and administrative posts at Virginia Polytechnic Institute and State University, University of California-San Diego, the University of Chicago, and Amherst College. While at CBA, Orr taught courses on law and economics and microeconomics for business. His research has focused on incentive and constraint effects of property and tort law, and he has served as a consultant to banks, law firms, and manufacturers, as well as the U.S. Treasury Department and the RAND Corporation. He holds a Ph.D. from Princeton ('60) and an A.B. from Oberlin College ('54). He was elected a trustee of the latter institution in 1993.

I n   M e m o r i a m

Seymour Sudman, the Walter H. Stellner Distinguished Professor of Marketing and deputy director and research professor at the Survey Research Laboratory, died on May 2, at Northwestern Memorial Hospital in Chicago, of complications following a stroke. He was 71.

 

Internationally celebrated as a leader in the field of survey research, Sudman was hailed as a pioneer in the areas of survey sampling and the design of survey questionnaires. Widely published, he was the author or editor of twenty books, including such classics in the field as Applied Sampling (1976), Asking Questions (1982), and Polls and Surveys (1988), as well as over 200 articles dealing with survey methodology or market research. Most recently, combining the work of survey researchers and cognitive psychologists, he studied why people answer survey questions the way they do. This resulted in "Thinking About Answers: Applications of Cognitive Processes to Survey Methodology" (in progress), with Norman Bradburn and Norbert Schwarz. A fellow of the American Statistical Association, Sudman won the highest honor given by the American Association for Public Opinion Research in 1987.

A dynamic and well-loved teacher of undergraduates as well as graduate students, Sudman had postponed his retirement at the U of I until this summer so he could continue teaching his undergraduate course in marketing research. "He loved teaching, that's why he didn't retire," said Diane O'Rourke, assistant director for survey operations at the Survey Research Lab. "He liked to be around students and he particularly liked class projects where the students did market research. He had a knack for persuading alumni at many companies, both large and small, to underwrite student projects."

Sudman, a native of Chicago, received his bachelor's degree in mathematics from Roosevelt University in 1949. After working as a statistician and analyst at several institutions, including the Army Ordnance Ammunition Command, he received a doctorate from the University of Chicago in 1962. From 1962-68, he was the director of sampling and senior study director at the National Opinion Research Center. Then in 1968 he joined the faculty at the University of Illinois, holding joint appointments in business administration, sociology, and at the Survey Research Lab. He was named to the Stellner professorship in 1985. A ceremony honoring all faculty who occupy chairs or professorships in three of the departments in the college was scheduled for May 4, two days after Sudman died. His daughter Carol accepted the medal.

Former student Thomas Tirone, who described Sudman as a "second father," noted that Sudman had such a big impact on fields that use survey research because he was able to develop new and better ways to design research. "Seymour led this whole body of thought, which is now massive, through fifty years. The offshoots of (survey research), like political polling, can very rapidly trace their roots back to the brain of Seymour Sudman."

"Whenever there's a questionnaire, there's a work of Seymour Sudman's behind it," said O'Rourke. Whether talking to his students, colleagues, or family, the picture that emerges is of a highly accomplished, intelligent man, dedicated to his work, his students, and his family, who was always approachable, open, friendly, caring, and down to earth. He approached all activities with great energy and enthusiasm.

Seymour Sudman is survived by his wife, Blanche Berland Sudman, whom he married in 1951; a son, Harold, of Chicago; daughters Emily Hindin of Columbus, Ohio, and Carol Sudman, of Springfield, Illinois; two grandchildren; and one sister.

A fund honoring Seymour Sudman has been established in the college. Please make contributions payable to the University of Illinois Foundation/Seymour Sudman Fund and send to UIF, Harker Hall, 1305 W. Green Street, Urbana, IL 61801.

J.W. "Bill" Paquette died on May 11 in Naples, Florida, from cancer. He was 73.

Born in Shullsburg, Wisconsin, Bill Paquette earned a bachelor's degree at the University of Wisconsin, Platteville, in 1949 and later a master's at the University of Wisconsin, Madison. From 1950-53 he taught in the Speech and Hearing Clinic at Purdue University. From 1961-79 he was director of career planning and placement at Drake University. Then, in 1979, he accepted a similar position at the College of Commerce at Illinois. During his ten years at Illinois, Paquette was known for his commitment to students. He will also be remembered as the originator of the Homecoming Tent Party, where he was resplendent in his orange jump-suit.

After retiring from the U of I, he turned his efforts to the Midwest College Placement Association, where he had served for over thirty years, including terms as president and executive treasurer. In recognition of his outstanding service to the organization and field, the Placement Association named their leadership award in his honor. It is now called the J.W. Paquette Award.

A dedicated family man, Bill Paquette and his wife Joyce were married over fifty years. An accomplished trumpet player, music was an important part of his life. A highly engaging and gregarious man, his children remember their father as a teacher — patient, loving, and kind. He is survived by his wife Joyce; four daughters, Mary Paquette-Abt, of Huntington Woods, Michigan, Pat Davis, of Circle Pines, Minnesota, Elizabeth Davis, of Plymouth, Minnesota, and Peggy Paquette-Willis, of Urbandale, Iowa; three sons, William Paquette, of Boston, John Paquette, of Los Gatos, California, and Peter Paquette, of West Des Moines, Iowa; a brother, Robert, of Woodbury, Minnesota; and fourteen grandchildren.

James Hill and Paul O'Connor

A lively perspective on international investment banking was offered by Paul O'Connor (BS Finance '81), who came to campus in April for a two-day stint as a Visiting Executive. During his visit, O'Connor, who is first vice president for the banking department of Howe Barnes Investments — which he described as a "boutique" investment banking firm — addressed an MBA finance class. Using the example of Hong Kong Singapore National Bank — the fifth largest banking institution in the world, though unfamiliar to most Americans — he offered an analysis of the issues and challenges that accompany international mergers and expansions. "Managing such a process is not an easy equation," he noted, observing that vast cultural differences inevitably affect management and must be taken into account in a successful international expansion of a banking firm — or any business, for that matter. Key to the process are locations in big cities, and a media campaign to achieve name recognition. He wrapped up his talk by telling the students: "When you get out into the world and use your knowledge, remember you got it here at Commerce. Remember all those tough things the university puts you through and in doing so, teaches you leadership, teaches you strategy, teaches you how to make the system work for you."

O'Connor has spent the last seventeen years working with financial institutions as a regulator, commercial lender, and investment banker. He began his career with the Federal Reserve Bank of Chicago, and has also held positions with Continental Bank and Continental Partners, and Bank of America's Asian Financial Institutions Group. He holds an MBA from DePaul University. 

 

 

In one of those fascinating convergences that shows what a small world it can be when you're a Commerce alum, McDonald's Corporation announced in March that it had purchased a stake in Food.com, a company known for Internet food takeout and delivery service with a vision to become the preferred web destination for "anything related to food." Both companies are headed by CBA graduates.

"Our investment in Food.com is an investment in the future," said James R. Cantalupo (BS Accountancy '66), president and vice chairman of McDonald's Corporation. "McDonald's is interested in Internet commerce, so we're excited by our new relationship with the innovative team at Food.com. Innovation will continue to be an essential part of our global strategy as we pursue our vision to be the world's best quick service restaurant experience."

Rich Frank (BS Marketing '64), who is chairman and CEO of Food.com, welcomed McDonald's investment, noting: "We are thrilled by the opportunities the world's leading food service retailer brings to our online business." Frank, a former Disney executive, has headed the new Internet company for the past two years.