Texas A&M | Mays Impacts - Part 74

In business there are few better indicators of success than continuous growth. For the third year in a row, the Center for New Ventures and Entrepreneurship (CNVE) at Mays Business School at Texas A&M University, hosted the Aggie 100, an award ceremony recognizing the fastest growing 100 Aggie-owned and operated businesses. This year the top honor went to Hubert Glover ’92, CEO and president of REDE, Inc.

“This is my Oscar. I will cherish this the rest of my life,” said Glover holding his crystal plaque in an acceptance speech at the Aggie 100 luncheon on Friday, October 22, at the Zone Club in Kyle Stadium. More than 600 people were present to celebrate the success of the entrepreneurs being honored.

REDE, Inc., based in Metairie, Louisiana, provides IT and administrative services to clients such as NASA and the United States Department of Energy. In the 2004-2006 period, they experienced an incredible compounded annual growth rate of 371.32 percent.

Glover’s win of the number one spot in the Aggie 100 is significant: he is the first Mays Business School grad to achieve that honor. Glover earned his PhD in accounting from Texas A&M University in 1992. He founded REDE, Inc. in 1998 and since that time has served corporate entities ranging from federal small business contractors to Fortune 500 commercial enterprises. Glover has also served as a senior member of the business faculty at Clemson and Georgia State Universities.

The Aggie 100 class of 2007 can boast $3.3 billion in total revenues, and has alumni from as far back as 1959 and as recent as 2001. The minimum annual growth rate experienced by one of these companies is 30 percent. To view the entire list of winners, visit the site www.aggie100.com.

At the award ceremony, the Aggie 100 classes of 2005 and 2006 announced a gift of $55,000, which will establish the Aggie 100 Entrepreneurial Scholars Fund to support the Aggies of tomorrow. The class of 2007 was challenged to make a similar investment in the future of their alma mater.

Richard Scruggs, director of the CNVE concluded the ceremony with the announcement of plans to host the first annual conference for entrepreneurs. Called “Envision08”, this summit will be held at the Marriot River Center in San Antonio, April 23-25, and will feature successful entrepreneurs and well-known authors. For more information, visit the website http://www.envision08.com/.

The Texas A&M Center for New Ventures and Entrepreneurship provides encouragement, education, networking and assistance to entrepreneurially-minded students, faculty and Texas businesses. Founded in 1999, the Center is part of Mays Business School’s Department of Management. The Center enhances student education through campus speakers, competitions, work experiences and financial support.

For more information, please contact Lenae Huebner, assistant director of the CNVE, at lhuebner@mays.tamu.edu.

Categories: Centers, Former Students, Texas A&M

Texas A&M University is the top-ranked institution in The Washington Monthly‘s new “College Guide,” which its editors say focuses on “tangible contributions to the public interest.”

The publication, based in Washington, D. C., has consistently ranked Texas A&M among the top five institutions in its annual rankings, but this year’s guide is the first to rank it No. 1.

In the magazine’s announcement of its new rankings, the editors say they rate individual schools on such factors as the degree to which they encourage students to serve in ROTC programs, the Peace Corps and other service programs, along with their emphasis on research that drives economic growth.

“While other guides ask, “What can colleges do for you?’ The Washington Monthly asks, “What are colleges doing for the country?’,” its editors say.

The Washington Monthly ranking is the latest in which Texas A&M fares well, especially on the basis of “value” or “best buy.” Earlier this month, Texas A&M was ranked third nationally among public universities in the “Great Schools, Great Prices” category in the 2008 edition of U.S. News & World Report‘s “America’s Best Colleges.” The Princeton Review, also out this month with its annual college guide, included Texas A&M in its “best values” listings. Kiplinger’s and Barron’s also have listed Texas A&M in similar ratings in their most recent guides.

For more information, contact Lane Stephenson at (979) 845-4662 or e-mail l-stephenson@tamu.edu.

Read all about it: The Washington Monthly‘s Third Annual College Rankings 

Categories: Texas A&M

Four business graduates and Student Body President Nic Taunton, a finance major, are among the 15 members of the new search committee formed in January to find former Texas A&M President Rober M. Gates’ replacement.

The former students are Jerry Cox ’72, namesake of Cox Hall; Bill Flores ’76, president of The Association of Former Students’ board of directors; Lupe Fraga ’57, a Texas A&M System Regent and owner of Tejas Office Supply; and Royce Hickman ’64, CEO of the B/CS Chamber of Commerce.

Gates left Texas A&M in December to become the nation’s secretary of defense. Former Texas A&M Foundation President Ed Davis is serving as interim president as the search for a permanent university president commences.

The search will take roughly six to nine months. The search committee is tasked with screening and interviewing candidates before making a final recommendation to Texas A&M University System Chancellor Michael McKinney.

Categories: Former Students, Texas A&M

Texas A&M’s new recruiting and marketing video, “Welcome to Aggieland,” made its debut on campus this fall and is being broadcast at Kyle Field and on TV during football games. Mays’ Reliant Trading Center is part of the final video that shows off Aggieland. Check it out at http://www.tamu.edu/home/video/.

Want to know the story behind the new promotional video? Find it athttp://www.tamu.edu/home/spotlight/marketing.html.

Speaking of Texas A&M… to stay up on the latest initiatives that are driving progress at the university, President Robert M. Gates’ 2006 “state of the university” address might be of interest. You can find the text of his Sept. 8 speech at http://www.tamu.edu/convocation/convaddress/gates06.html.

Categories: Centers, Texas A&M

Thomas J. Saylak ’82, president of Merrill Lynch Global Commercial Real Estate in New York City, was appointed this July to the Texas A&M Foundation Board of Trustees.

Saylak, who grew up in Bryan, Texas, has been a special advisor to the foundation’s investment advisory board since 2002. At Merrill Lynch, he oversees real estate investment banking, commercial mortgage lending and principal investment activities worldwide.

Categories: Former Students, Texas A&M

Business and medicine may go hand in hand, but it’s not often that they’re dealt to the same person. For Delip Patel, though, pairing up an M.D. with an MBA is the draw of choice.

After completing his first two years of med school at the Texas A&M University System Health Science Center’s College of Medicine, Patel entered Mays Business School this summer to conquer a new endeavor—an MBA.  While the rest of his classmates are starting their third-year clinical clerkships at Scott & White in Temple, Texas, Texas A&M’s first M.D./MBA dual degree student has taken a leave of absence from med school to spend the next year in the halls of Wehner.

Although the approach to business and science classes are not completely aligned, Patel developed good study habits in med school. “It’s a totally different mindset,” he said. “My whole foundation was in science, so the transition into med school was easier…[but] med school taught me how to manage large volumes of information at once, so I’m better suited to study business.”

Since doctors must make decisions regarding their medical practice, and not just help patients, Patel wants a business degree to aid in knowledgeable choices. “When I make a decision,” he said, “I don’t just want to make a decision—I want to know why I’m making that decision.” Patel, who has no business background, says Mays will be his source for understanding business processes in the medical field.

While Patel’s next few years of academia are laid out for him, his medical field of specialty is not yet set, and thanks to the plethora of possibilities made available through the dual degree program, that’s the beauty of it. “The opportunities are endless,” he said, “that’s the excitement of the future that I look forward to.”

Categories: Faculty, Texas A&M

— Robert H. Allen ’50 was elected this spring as chair of the Baylor College of Medicine Board of Trustees. Allen, a Mays benefactor who recently pledged a $1.5 million estate gift to support an endowed scholarship program for business students, has served on the Baylor College of Medicine board since 1980.

Allen is also a former Texas A&M University System Regent. A private investor who has been instrumental in the startup of several natural resource companies, including Getty Resources Ltd., Allen retired as chair and CEO from Gulf Resources and Chemical Corporation in 1982. He is now the managing partner of Challenge Investment Partners, a diversified natural resources-based partnership.

— Joel Robert Lang, a 2004 MBA graduate, is the third in a recent string of Mays MBA students to be featured in BusinessWeek Online. He is profiled at:http://www.businessweek.com/bschools/content/jul2006/bs2006076_5470_bs049_0.htm. A simple registration is required to view Lang’s profile.

— Glenn B. Voss, a 1994 marketing PhD graduate and currently a visiting professor at UNC-Chapel Hill, and Suzanne “Zannie” Voss, a 1992 MBA graduate currently on faculty at Duke University, are winners in the Marketing Science Institute Research Competition on Nonprofit Marketing.

The duo, along with co-author Wooseong Kang, won $7,000 for their research proposal “Managing Dynamic Customer-Donor Portfolios: A Lifetime Value Approach.” The competition, co-sponsored by the Jagdish and Madhuri Sheth Foundation and the American Marketing Association Foundation, focused on the under-researched area of nonprofit marketing to encourage further study of the nonprofit sector’s marketing competencies.

— 2005 MBA graduate Thomas McMillan, a senior marketing specialist at Lowe’s corporate offices in North Carolina, was recognized this spring with the Lowe’s Unsung Hero Award. McMillan manages all of the commercial appreciation events and has developed a new standard of excellence in offer assortment, premiums, staging, advertising, vendor participating and event execution.

Categories: Departments, Former Students, Texas A&M

Texas A&M University System Regent Lupe Fraga, a 1957 Aggie business graduate, and his family have endowed $40,000 in scholarships to support under-represented business students at Mays.

The gift creates the Lupe “Champ” Fraga ’57 Foundation Excellence Award, which targets students including minorities and those from economically or educationally disadvantaged backgrounds.

“We have made significant progress in recruiting a diverse student body at Mays Business School,” said Dean Jerry Strawser. “Gifts like this from Lupe perpetuate the “Aggie Miracle,’ where an individual of modest means has the opportunity to receive a world-class education because of the generosity of a former student.”

The son of Mexican immigrants, Fraga attended Texas A&M on a baseball scholarship. He joined the Army, spending three years in France as a lieutenant before returning to Houston in the 1960s to purchase a small office supply company. Tejas Office Products, Inc., is now one of Houston’s largest minority-owned businesses, recording $13.75 million in annual revenues.

“I’m really excited about what Dean Strawser and his staff have been doing with Mays,” Fraga says. “I really believe in what the school is doing, and this is my family’s way of saying that someone is looking out for under-represented students and helping them out, like I once was helped.”

Fraga and his wife Irene have been married for 40 years and have three children and two grandchildren. Fraga’s son Stephen, a 1997 Texas A&M finance graduate and Tejas Office Product’s president, is the gift’s co-donor along with his wife Michelle. Lupe Fraga’s daughters are Michele Fraga and Alisa Kautzmann, who has two children along with her husband Frank.

Fraga, recently named Hispanic Business Man of the Year for the U.S. Hispanic Chamber of Commerce’s Region III, serves as board chairman of the Federal Reserve Bank of Dallas’ Houston Branch and was aMays Outstanding Alumnus in 2003. He was sworn in as a Texas A&M University System Regent in May 2005.

Categories: Departments, Faculty, Texas A&M

Caitlin Callaham, a management graduate from El Paso, was awarded the Brown Foundation-Earl Rudder Memorial Outstanding Student Award during Texas A&M’s commencement ceremonies in May. That makes her the second Mays student in a row to win the university’s highest honor.

Callaham graduated summa cum laude and was a member of Mays’ Fellows Program. She was the recipient of the four-year Terry Foundation Scholarship and was a member of the Golden Key National Honor Society and the National Society of Collegiate Scholars

“Caitlin Callaham is a study in approachability, integrity, courage and leadership,” said David Parrot, Texas A&M’s associate vice president for student affairs and dean of student life. Parrot served with Callaham on the Student Rules and Regulations Committee. “She is an effective, capable leader because of her simple honesty and sterling character.”

The Brown-Rudder Award is presented to two graduating seniors each May. Matt Josefy ’04, BBA in accounting and master’s in finance, received the award in May 2005. To be eligible, a student must demonstrate outstanding academic achievement and leadership, be a member of an honor or professional society and have participated in extracurricular activities, including community service, and do so humbly and with dedication to Texas A&M and its principles.

After interning at Harry and David Operations Corp. in Medford, Oregon, last summer, Callaham returned in January as their stores recruiter. She has already been promoted to supervisor of recruitment and college relations.

Categories: Departments, Programs, Students, Texas A&M

From May 22-25 in College Station, join world-class experts from academia, government and business in a seminar on how to prepare businesses and organizations to sustain a terrorist attack while minimizing operational disruption.

The seminar, “Planning for the Worst: Business Continuity Strategies in the Face of Terrorism,” is hosted by Texas A&M’s Integrative Center for Homeland Security.

Experts will look at how terrorism threatens business continuity, how executives can protect their businesses from cyber-terrorism, the legal and financial impacts of terrorism on business, and how leadership can restructure their business to ensure continuity. Key leaders and mid-level managers from government organizations, public and private corporations, and non-profit organizations are invited to register for this event and join the small but growing number of managers and executives who are knowledgeable in the new field of BCP & HLS (Business Continuity Planning & Homeland Security).

To find more information and register, visit http://homelandsecurity.tamu.edu/courses/HSPS/.

Categories: Texas A&M