Donors Corner | Mays Impacts

Berrys Donate $1MMDr. Leonard L. Berry and The Honorable Nancy Berry have established the Dr. Leonard L. Berry Chair in Services Marketing at Texas A&M University’s Mays Business School through a $1 million gift to the Texas A&M Foundation. This endowed faculty chair will enhance Mays’ Department of Marketing’s efforts to attract and retain a leading senior faculty member who can help the school move forward to reach its vision to advance the world’s prosperity by creating a better future though improved service.

Creating the endowed chair is a milestone in Dr. Berry’s nearly 40-year tenure at Texas A&M. “I have loved being a faculty member at Texas A&M. It’s an outstanding university and I’ve had a wonderful career here,” he said. “I was raised to always give back and this is a way that I wanted to give back to my university, to my department, to my colleagues and to tangibly say thank you for the opportunity that I’ve had to build a career here at Mays Business School.”

The Berrys said their decision to create the chair was made during a short conversation that spanned only a few minutes. “When you live in a place, you want it to be the best place possible. My philosophy is if I want it to be better, I need to work to make it better,” said Nancy Berry, who noted that service is an integral part of the couple’s lives. “Len’s research is focused on what services can do to help humanity and improve the quality of life. That’s what I’ve tried to do as well.”

The Berrys’ gift is the first Mays endowed chair established by a current Mays faculty member. “We have many Mays faculty and staff who support our school by gifting some of their treasured resources to us. The Berry gift is unique, though, in that it is the first endowed chair established by a faculty member and in this instance, his spouse,” said Mays Interim Dean R. Duane Ireland. “Faculty and staff committing their resources in any form, but perhaps especially in the form of an endowed position, demonstrates to all who are committed to Mays’ success that those of us working within Mays Business School are willing to join others to provide gifts that support our work in terms of research, teaching, and service.”

The creation of the endowed chair extends Dr. Berry’s marketing legacy. “This endowed position recognizes and honors the long-term contributions of Dr. Berry to the field of services marketing,” said Dr. Manjit Yadav, head of Mays’ Department of Marketing. “His groundbreaking work in the area of service quality has impacted scholarship and practice worldwide. As the service-based economy continues to expand in the 21st century, this endowed position will ensure that the Department of Marketing at Mays Business School continues to be an academic leader in the area of services marketing.”

A Services Marketing Pioneer

Dr. Berry was recruited from the University of Virginia in 1982 to serve as the founding director of Mays’ Center for Retailing Studies. When he joined Mays, services marketing and service quality improvement had yet to develop as areas of research. At that time, marketing faculty did not recognize the different challenges in marketing a tangible product, such as an automobile or a food product, versus an intangible service, such as transportation, healthcare, and telecommunications. The fields of services marketing and service quality did not exist. Berry’s work, along with two Mays marketing colleagues, A. Parasuraman and Valarie Zeithaml, in concert with a small group of other researchers around the world, began to change this perspective.

A development leave in 2001-2002 at the prestigious Mayo Clinic proved to be a watershed moment in Dr. Berry’s career. Afterwards, the respected professor decided to shift his focus to pioneer the study of service quality improvement in healthcare. His healthcare research has been published in numerous prestigious medical journals, including Mayo Clinic Proceedings, Annals of Internal Medicine, Journal of Clinical Oncology, and Journal of Oncology Practice He also serves as a Senior Fellow of the Institute for Healthcare Improvement, where he studies service improvement in cancer care for patients and their families.

Dr. Berry continues to have a very productive research career. He currently is the most cited Texas A&M University faculty member on Google Scholar, with 231,414 citations as of December 7, 2021. He also has co-authored 10 books, including the best-selling book, “Management Lessons from Mayo Clinic.”

Over the years, both Texas A&M and Mays have recognized Dr. Berry for his professional contributions. He holds the M.B. Zale Chair in Retailing and Marketing Leadership and has been named a University Distinguished Professor of Marketing, a Regents Professor, and a Presidential Professor for Teaching Excellence.

Dr. Berry also has received significant external accolades from the American Marketing Association (AMA) and other entities during his career, including being the second individual ever to receive each of the “Big 4 Marketing Awards”: The Sheth Foundation Medal in 2018, the AMA William L. Wilkie “Marketing for a Better World” Award in 2018, the AMA Paul D. Converse Award in 2008, and the AMA/McGraw-Hill/Irwin Distinguished Marketing Educator Award in 2007.

Dr. Berry’s work has not only influenced scholars, students, and the industry, but also his wife in her current work as a Brazos County Commissioner and member of numerous Brazos Valley non-profit boards, as well as in her previous role as Mayor of the City of College Station. “I’ve read most of Len’s work and it’s been significant and meaningful,” she said. “His contribution is irrefutable.”

The endowed chair will help Mays continue Dr. Berry’s groundbreaking work in the field of services marketing. “I want there always to be a senior scholar in the marketing department that specializes in services marketing,” Dr. Berry said. “In a sense, I am making the gift to help create a succession plan for myself because I won’t be here forever. I want our work and our reputation in services to continue.”

>>> Add your response to the announcement on LinkedIn!

Categories: Departments, Donors Corner, Faculty, Health Care, Marketing, Mays Business, News, Selfless service, Spotlights, Texas A&M

A $20 million gift from Adam C. Sinn ’00 will support students and programs in Mays Business School’s Department of Finance.

A $10 million gift—and a pledge for an additional $10 million—from Adam C. Sinn ’00, a commodities trader and owner of Aspire Commodities, will help Mays Business School’s Department of Finance enhance the quality of education it provides and offer financial support to undergraduate and graduate students.

“I applaud Mr. Sinn’s willingness to invest in our university,” said Dr. M. Katherine Banks, president of Texas A&M University. “Contributions such as these not only help elevate the department but provide a brighter future to our students for generations to come. We appreciate his support of our mission.”

In recognition of Sinn’s $10 million gift through the Texas A&M Foundation, the department has been renamed the Adam C. Sinn ’00 Department of Finance. This is the second named department at Mays, following the naming of the James Benjamin Department of Accounting in 2017.

“On behalf of Mays Business School, I want to extend a heartfelt ‘thank you’ to Mr. Sinn for his extremely generous support,” said Dr. Duane Ireland, interim dean. “Through Mr. Sinn’s gift, we will have opportunities to continuously increase the value of our students’ educational experiences. The type of support we are receiving from Mr. Sinn reflects the unique relationship between Mays Business School and Texas A&M University with former students.”

Sinn’s gift includes $7.5 million for undergraduate and graduate scholarships to assist finance students whose financial challenges might prevent them from attending college. The gift will support students from Sinn’s hometown in Hoopeston, Illinois, and nearby Cissna Park, Illinois, as well as those from Dorado, Puerto Rico, where he maintains a residence today.

If there is an insufficient number of eligible finance students from those regions, a portion of Sinn’s gift will benefit Aggies enrolled in Mays’ Trading, Risk and Investments Program (TRIP), which prepares participants in the fields of energy trading, investments and risk management by combining exceptional class instruction with hands-on, internship-based experience. Sinn’s gift will cover part of participants’ graduate fees as well as a portion of their undergraduate tuition.

“Considering that the cost of education is increasing for most graduate programs, this gift will allow us to provide a significant level of financial support to TRIP students across the program annually,” said Mays Reliant Trading Center Director Detlef Hallermann ’89, who serves as the TRIP director. “This is a monumental achievement.”

In addition to the current gift, Sinn pledged an additional $10 million gift to be funded over the next five years in support of student and faculty success initiatives in the department.

Continuing Success

Sinn’s gift offers the department’s latest indicator of success. “In our world of higher education, philanthropy is more than a fundraising tool; it is actually a metric of performance,” said Mays Executive Associate Dean Sorin Sorescu. “Named departments can be seen as a seal of approval from influential, successful individuals like Mr. Sinn, who has had tremendous career success and is encouraged by what he sees in our programs at Mays. We are so honored to have his support.”

The department’s undergraduate program ranked 34th nationally in 2021 by U.S. News and World Report. In 2021, Eduniversal Best Masters rated the department’s Master’s in Real Estate Management 3rd globally and the graduate portion of TRIP 15th globally. Also in 2021, the department’s Master of Science in Finance Program was ranked 10th among U.S. public programs by TFE Times.

Prospective student interest in the department’s programs is also increasing. More than 1,000 Aggies are enrolled in finance programs for the 2021-22 academic year, a 30% increase over the past five years.

The department prides itself on cross-campus interdisciplinary partnerships and high-impact programs that provide students with cutting-edge academic knowledge and industry best practices. Additionally, innovative opportunities such as Aggies on Wall Street and the Reveille Fund, a student-run investment fund, require students to apply their learning.

The remaining portion of Sinn’s gift will support the department’s efforts to recruit top faculty and create and expand these types of innovative programs. Funds may also support the Master of Science in Finance, career development offerings, educational travel opportunities, etiquette dinners, and training in personal skills. These offerings are designed to create well-rounded graduates who can make an immediate impact when they start their careers.

“When we can do more as a finance department, it’s not only our department and the students in Mays who win. Texas A&M also wins,” said Interim Department Head Christa Bouwman. “These interdisciplinary programs and partnerships are very valuable.”

Luck and Hard Work

 

Sinn grew up in Hoopeston, Illinois, which like many Midwestern small towns, particularly those not proximate to an interstate, had its share of successes and struggles in the 1980s and 1990s. The area’s economy primarily revolved around agriculture and particularly growing and canning corn and other products; Hoopeston is the Sweetcorn Capital of the World.

Minimum-wage jobs like one Sinn held at a hog farm during high school and good-paying blue-collar jobs in the local industries remained to a degree but became less available over time. However, Hoopeston maintained a strong Midwestern work ethic that influenced Sinn. That work ethic was bolstered greatly by his parents and grandparents, who he described as being part of “hard-working Middle America,” and his role models for hard work. Sinn’s father started a small business as an electrician and his mother performed office functions for the business. His parents saved ardently so they could provide some assistance to their sons if they chose to pursue college degrees.

Sinn was also fortunate that his local Rotary Club was a strong supporter of the Rotary Youth Exchange program. He studied abroad in Japan for a year through that program, which was instrumental in him learning to be open to new experiences and places.

After consideration, Sinn set his sights on Southern Methodist University, which offered degrees in international business and Japanese, and qualified for numerous scholarships, which paid for his entire education there.

However, he soon realized that he didn’t feel at home at SMU. Several of his college friends transferred, including one who enrolled in Texas A&M—and Sinn quickly followed. “Texas A&M was exactly what I was looking for. I liked the culture and the camaraderie,” he said. “It was an easy place to flourish, and I liked the college town environment.”

But he also discovered Texas A&M was harder academically, and he found himself in the mid-tier of students scholastically. He said, “I decided that if I couldn’t get the grades, I would beef up my resume. I had three internships, was involved in several organizations, and held jobs while I was a student.”

His penchant for hard work paid off. After initially being declined for an internship with Dell, Sinn offered to work for free. Impressed, the company representative invited him to reapply. He did when another opportunity arose—and was quickly offered a job when the interviewers realized that the Aggie knew more about the company than they did.

After graduating with his bachelor’s degree in finance in 2001, Sinn wanted to pursue a career in trading, following in the footsteps of his grandfather, who bought and sold livestock in the small livestock business founded by his great-grandfather and sons. However, it took him a while to find his niche. He briefly worked in accounting and finance jobs before he was in the right place at the right time—without a job when Lehman Brothers folded—to step into energy trading. “People sometimes end up in a spot due to sudden life circumstances,” said Sinn, who now operates one of the largest speculative trading firms in the commodity market. “It’s what you do with that situation that can determine the course of your future and whether you reach the next level.”

Sinn has embraced Texas A&M’s core values during his career. Now, his selfless service through creating this endowment will help middle-tier students avoid taking on student loan debt. “I want others to not have a financial burden so they can attend the best university on the planet,” he said, adding that these scholarships will also help position finance students to be successful in their lives after college. “I hope to lay the foundation so that at some point in time, these students can bet on themselves like I was able to do when they need to. The person who is financially burdened by rising educational costs may be unable to take that shot.”

Mays faculty, staff and students appreciate Sinn’s commitment to selfless service as he opens doors for the next generation of Aggies. “He wants to give people an opportunity,” Hallermann said. “He’s got an unbelievable talent for trading power and electricity, but when he looks around, his focus is always, ‘How do I help people get to where they need to be?’”

About Mays Business School

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

About the Texas A&M Foundation

The Texas A&M Foundation is a nonprofit organization that aspires to be among the most trusted philanthropies in higher education. It builds a brighter future for Texas A&M University, one relationship at a time. To learn more, visit txamfoundation.com.

Categories: Alumni, Departments, Donors Corner, Energy, Entrepreneurship, Featured Stories, Finance, Former Students, Mays Business, News, Selfless service, Spotlights, Texas A&M

Mays Business School at Texas A&M University celebrated the unveiling of the Accenture Business Honors Office Suite with a ribbon-cutting ceremony on Thursday, September 23, 2021. The event was attended by Mays Business Honors students, Mays leaders, faculty, and staff as well as Accenture team members.

The Accenture Business Honors Office Suite’s renovation creates an inviting and colorful space where faculty, staff, and students meet. The office suite features a wall display depicting the history of the nation’s higher education honors’ programs, which started in the early 1900s. “We love our office space,” said Kris Morley, director of Mays Business Honors Program. “I literally walk in every morning and smile. It’s bright and colorful, and we get to work with great people.

Strengthening Bonds

The renovated office suite, which was funded through a gift from Accenture in 2019, underscores the strong partnership between Mays and Accenture. “A corporate partner means that the organization—Accenture, in this case—is very supportive of our vision, mission, and values. There’s strong commonality between our six Aggie Core Values and those of Accenture,” said Mays Interim Dean R. Duane Ireland. “There’s also alignment between our vision to advance the world’s prosperity and what Accenture seeks to do through its work as an organization in the private sector. We’d like to thank Accenture for being a great, great corporate partner.”

These shared values strengthen the partnership. “Texas A&M’s Core Values are very similar (to Accenture’s),” said Blake Pounds ’89,  Accenture’s senior client account director. “I think that’s what really makes Accenture and Texas A&M such a good cultural fit.”

The creation of the Accenture Business Honors Office Suite is a natural extension of the company’s ongoing collaboration with Mays Business Honors Program, which began in 2015. “Accenture started funding our summer reading program and bought books for all of the students in our program,” Morley said. “But they didn’t just buy books; they came every fall and joined in the book discussions.”

This collaboration—which continues to involve the investment of Accenture’s time, talent, and treasure in Mays Business Honors students and offerings—is growing. The company also is involved in the Mays Leaders Forum, case competitions, and presentations such as a 2019 Design Thinking workshop.

Expanding Accenture’s Influence

The company continues to look for new ways to support Mays’ efforts, including funding scholarships and offering internships. Most recently, Accenture created an endowment that underwrites Mays Inclusive Student Leadership Program’s activities. As part of this effort, four Accenture team members were the featured presenters at the August kickoff workshop attended by over 50 Mays student leaders. “Our student leaders are provided with opportunities to learn how to lead in an inclusive manner,” Ireland said. “All of us are very dedicated to the importance of diversity, inclusion and engagement, but this generous gift gives us an opportunity to provide superior learning experiences for our student leaders and make certain that everything we do within organizations is, in fact, oriented to diversity, inclusion and engagement.”

These various efforts give Accenture leaders an opportunity to interact with and recruit top Mays’ students. “We love hiring Aggies who come out of the Business Honors program because they hit the ground running,” said Pounds, a member of one of Mays Business Honors’ initial cohorts and a recipient of Mays Business School’s 2020 Outstanding Alumnus Award. “They have leadership skills, poise, and confidence. They know how to analytically solve problems and challenges that our clients are facing. They thrive in our organization.”

The partnership also prepares Mays’ students for success following graduation. “I’m such a huge proponent of the things that Mays and Business Honors do for their students,” said Landry Strawbridge ’22, who works in the Business Honors office, interned with Accenture, and plans to join the company after graduation. “I appreciate the way the Honors Program Staff engages with us and wants to get to know us for who we are and help us find out who we want to be. Accenture has the same approach—and Mays equipped me to succeed in my internship and beyond.”

Categories: Business Honors, Donors Corner, Mays Business, News, Texas A&M

Established in 1983, the Center for Retailing Studies at Mays Business School has developed future retail leaders to advance the world’s prosperity.

 

Texas A&M’s Center for Retailing Studies (CRS) launched a fundraising campaign today titled, “Supporting the Future of Retail,” to engage strategic partners from across the retailing community in support of the Center’s critical mission of Inspiring the Future of Retail. From its founding in 1983 as the first university center of excellence in retail through today, the mission of the Center remains focused on developing retail leaders and business knowledge for tomorrow.

The COVID-19 pandemic has accelerated change in the retail industry, including the growth of eCommerce, the integration of digital and physical retail operating models, and opportunities to engage the industry in a dialog about the talent needs of retailers and consumer brands for a more integrated and omnichannel approach to the business moving forward. The campaign will feature a breadth of content developed to educate, engage, and energize the retail industry. The desired outcome of the campaign includes to bringing more organizations along with the mission of the Center by investing time, talent, and financial support critical to student success and developing future leaders of the retail industry.

Join CRS in your preferred channel to gain a well-rounded view of opportunities from now through the end of July 2021:

Highlights of partnership with CRS include:

  • Access to talent and future organization leaders from a recognized and valued business school
  • Access to research faculty and the ability to collaborate on relevant retail research that advances knowledge of a rapidly evolving business and consumer from a recognized and acclaimed Tier One research institution
  • Engagement in industry networking and thought leadership, providing access to the collective wisdom of leaders from across the retail ecosystem as well as the brand recognition
  • Influence on the future of retailing education, by playing a role in identifying the skills needed for future leaders of their organization, the industry at large, and investing in capabilities they view as critical to their future success.
  • Industry updates on recovery from the pandemic, and the impact of retail on serving the American consumer early into, during, and after the crisis

For information on becoming a corporate partner of the Center for Retailing Studies or to request a sponsorship proposal, please contact Lauren Osborne at 979.845.0325 or email losborne@mays.tamu.edu. We gratefully acknowledge and thank our current partner companies for investing in retailing education at Texas A&M University.

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About the Texas A&M Center for Retailing Studies (CRS)

Since opening in 1983, the Center for Retailing Studies has been respected throughout the world as a leading source of industry knowledge and a pipeline for developing future retail leaders.

In collaboration with the outstanding performance of the faculty at Mays Business School and excellence in student education programs, each year, more than 150 students complete coursework, internships, and leadership programs that prepare them for professional careers within the industry in store management, buying, merchandising, planning, business analytics, and supply chain.

Explore more on CRS: https://mays.tamu.edu/center-for-retailing-studies/

 

About Mays Business School

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

Say Howdy to Mays: https://mays.tamu.edu

Categories: Center for Retailing Studies, Centers, Donors Corner, Executive Speakers, Featured Stories, Marketing, Mays Business, News, Programs, Research, Staff, Students, Texas A&M

Company Makes Joint Investment to Texas McCombs and Texas A&M’s Mays Business School

The University of Texas/Texas A&M Investment Management Company (UTIMCO) has agreed to invest $7.5 million to the Texas McCombs Longhorn Fund, now called Texas McCombs Investment Advisers LLC, and $7.5 million to The Reveille Fund at Texas A&M Mays Business School. The funds are actively managed domestic equity funds benchmarked to the S&P 500. Operated by business students, the funds enable the business schools to provide unique experiential learning opportunities, continued investment education, financial research, and practice for their students.

Created in 1996, UTIMCO is the first external investment corporation formed by a public university system and manages investments for The University of Texas and Texas A&M Systems.

“UTIMCO is excited to support the student investment funds at the McCombs and Mays business schools and help give top students the opportunity to learn in a controlled and mentor-led setting and to receive exposure to real-world investment management processes,” says Britt Harris, UTIMCO president and CEO.

In addition to the financial investment, UTIMCO plans to strengthen its active involvement with both schools. Its leadership team will meet regularly with students to review portfolios, discuss performance, and comment on market conditions. UTIMCO will also facilitate meetings with the top external investment managers in the country.

“It is exciting that the discussions that President Jay Hartzell initiated more than one year ago have been fruitful,” says Clemens Siam, professor of finance and director of the AIM Investment Center at McCombs. “This collaboration with UTIMCO will ensure that this path-breaking program that was founded by Keith Brown and George Gau more than 25 years ago will continue to enhance the educational experience of our MBA students.”

“I am thrilled that UTIMCO offered this opportunity to Mays Business School last year, and I am really grateful to Sorin Sorescu, our Interim Executive Associate Dean, for working tirelessly (with input and help from many people) to make this a reality,” says Christa Bouwman, associate professor and acting head of the Department of Finance at Mays Business School. “We already offer a high-impact Aggies on Wall Street program focusing on investment banking. We can now give our students a top-notch Reveille Investment Management Program as well. The Reveille Fund is currently run by my colleagues Hagen Kim and Jene Tebeaux, and we’re delighted to have Brent (B.R.) Adams join as Program Director, bringing over 30 years of hedge fund experience to guide our students.”

Texas McCombs Investment Advisers LLC will initially manage $7.5 million in its Longhorn Portfolio and $7.0 million in its Endowment Portfolio. The Endowment Portfolio manages assets for the AIM Investment Center, the Business School Foundation, and several scholarships.

The Reveille Fund at Texas A&M University will complement The Tanner Fund, which started in 2000 with a $250,000 gift from Jamey and Richard Tanner, ’53. The fund has grown over the past two decades and currently has around $920,000 in portfolio. It has been a student-run portfolio under Jene Tebeaux’ leadership for the entire duration.

About the McCombs School of Business at The University of Texas at Austin

Texas McCombs is a premier business school at a world-class public research university. We are a community that fosters lifelong engagement with our students and alumni. We cultivate principled leaders and develop ideas that will advance our economy, improve lives, strengthen our communities, and create new knowledge for future generations. Through high-quality instruction, experiential learning, and the pursuit of relevant, groundbreaking research, we are shaping those who will shape tomorrow and solve our most challenging problems.

About Mays Business School at Texas A&M University

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

Categories: Departments, Donors Corner, Finance, Former Students, Mays Business, News, Students, Texas A&M

In gratitude for the dedication and leadership of Mr. Bruce D. Upshaw, retired Sr. Vice President, Treasurer and Chief Financial Officer and current member of the Merichem Board of Directors, Merichem Company endowed a scholarship in Accounting and Finance at Texas A&M’s Mays Business School. Mr. Upshaw has served Merichem since 1981 and graduated from Texas A&M University in 1970 with a bachelor’s degree in business administration – Finance.

“Leaders like Bruce are the reason why Merichem has delivered innovative solutions to customers for over three-quarters of a century. Our vision is scholarships like this one will enable more business leaders to rise up and I couldn’t think of a better place than Mays Business School for Bruce to select as the place to direct this investment,” shared Kendra Lee, Merichem Company Chairman & CEO.

Upshaw joined Merichem in 1981 after filling a variety of accounting and supervisory positions over eleven years with Shell Oil Company. He began his Merichem career as Accounting Manager, became Controller in 1985, and was elected Treasurer of Merichem Company in 1995.

In 1997 Upshaw was elected CFO of Merisol USA, the Texas Operating Company of Merisol, a Merichem-Sasol Joint Venture. In 1999 he rejoined Merichem and became CFO in 2002. Upshaw has served on Merichem’s board of directors since 2006.

“I was blessed to join an amazing organization and work with wonderful people in my career,” shared Bruce Upshaw. “I’m thrilled Merichem has this program in place and we, together, contribute to fostering the next generation of leaders.”

Bruce demonstrates his continuing passion for Texas A&M through support for The Texas A&M Foundation, The 12th Man Foundation, The Association of Former Students, the Aggie Band, Parson’s Mounted Cavalry and the Yell Leaders.

“The faculty and students at Mays Business School are grateful for the generosity of Merichem Company and Bruce Upshaw,” shared Eli Jones, Dean of Mays Business School. “Scholarships allow students an opportunity to experience all that Texas A&M has to offer and to fulfill our vision at Mays to advance the world’s prosperity. We are developing transformational leaders and support from individuals and organizations are how we raise up equipped and experienced talent.”

The Bruce D. Upshaw ’70 Endowed Scholarship in Accounting and Finance was established at Texas A&M University on August 21, 2020 for the benefit of Mays School of Business. Merichem Company of Houston, Texas provided the gift funds and the endowment honors Mr. Upshaw of Hays County, Texas.

About Merichem Company

Founded in 1945, Merichem Company serves the global oil and gas and petrochemical industries as a leader in full-service sulfur removal, caustic treating and spent caustic treatment technologies. Merichem also provides safe and reliable spent caustic handling services through beneficial reuse and recycling of spent caustics, turning would-be waste into valuable and viable commodities.

Categories: Accounting, Alumni, Dean Eli Jones, Donors Corner, Finance, Former Students, Mays Business, News, Texas A&M

Thanks to the generous support of the Texas Bankers Association, Dwight Garey ’67 has been named the Texas Bankers Foundation Executive Professorship in Commercial Banking at Texas A&M University’s Mays Business School. Garey has led the Commercial Banking Program since 2016 and this endowed award speaks to the difference Garey brings to the Department of Finance within Mays.

Garey’s career in banking and financial services spans more than 40 years, with 27 years of his banking career in correspondent banking at First City Bank-Houston, and Amegy Bank in Houston. He managed Amegy Bank’s Correspondent Banking department from 2006 to 2016, a regional line of business for a three-state region. He graduated from Texas A&M University with a bachelor’s degree in finance, then earned an MBA from the University of Houston Clear Lake.

He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University, where he was a director of the Alumni Board of Directors and was president of the Alumni Board 2012-2015.

“I am truly pleased with the appointment of Dwight to this important endowed professorship at Mays,” shared Eli Jones, dean of Mays Business School. “This appointment, which I supported along with others in Mays Business School and the highest level of administration at Texas A&M, reflects Dwight’s continuing contributions that are bringing distinction to the Department of Finance and Mays Business School. Endowed professorships are a priority at Mays, established as part of our grassroots strategic planning process which began in 2016. Through these professorships, we are able to recruit and retain individuals who will advance the world’s prosperity, our vision at Mays.”

“We’re fortunate to have Dwight represent the Texas Bankers Association in this endowed professorship and know that it will be a resource within the Commercial Banking Program for developing transformational leaders, part of our mission at Mays,” shared Sorin Sorescu, Interim Executive Associate Dean at Mays Business School. “Banking is a relationship-driven business, and our college is thankful for the generous support the TBA has established to help us educate the next generation of bankers. All of us at Mays know that Dwight will continue performing in this high honor in order to serve our students and equip them to enter the banking industry fully prepared to bring the necessary hard and soft skills, along with the Aggie Core Values, every day.”

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About Texas Bankers Association

Founded in 1885, the Texas Bankers Association is a member-centric state organization based in Austin whose members represent the voice of the banking industry within the state and national halls of Austin and Washington, D.C. In addition, its members participate in discussions around financial and economic roundtables where community leaders ponder safety and soundness issues confronting the state and national economics.

About the Commercial Banking Program

The Commercial Banking Program at Mays is designed to equip students with the banking and finance skills needed for a career in banking. The program prepares students to serve the personnel needs of banking organizations in Texas and the United States. The students in the program establish relationships with banking professionals, and other students, who serve them throughout their banking careers, and develop the financial skills critical to success when beginning careers with a commercial bank.

The Commercial Banking Program allows students to learn industry skills and terminologies within a focused curriculum and provides experiences that are not otherwise available to finance majors.

About Mays Business School

At Mays Business School, we strive to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,300 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools in the country for its programs and for faculty research.

For more information, visit mays.tamu.edu.

Categories: Dean Eli Jones, Departments, Donors Corner, Faculty, Finance, Mays Business, News, Programs, Texas A&M

Over the past few weeks, our world was upended by the Coronavirus (COVID-19) and communities of every size began to grapple with a “new normal”. Businesses, governments, and families are scrambling to find creative ways to interact with their customers, constituents, and peers. Along with the health crisis, we’ve seen our retirement accounts plummet, friends lose jobs, and experienced an unprecedented level of uncertainty. While many of us are asking questions about how we can help others in our communities, there have been beacons of hope in the form of a global philanthropic response. The spectrum has ranged from billionaires stepping up with massive financial commitments to people singing from their balconies. Across this entire spectrum, the heart of generosity and philanthropy is shining through.

Philanthropy, at its core, is about the love of mankind. It’s looking out for the person next to you in times of trouble. It’s caring for the vulnerable when others disregard their wellbeing. It’s moving towards those that are on the margins. It’s loving people. As we grapple with the reality of a global pandemic, I am confident we’ll continue to see boundless and sacrificial generosity. If you are sitting there thinking that philanthropy is bound to the ultra-wealthy, you are wrong. Philanthropy right now is as simple as walking next door to check on your neighbor (standing 6 feet apart of course!). So, here are some tips for you to be philanthropic and generous with your time, treasure, and talent amidst the uncertainty of -19.

  1. Be honest about your own needs. Asking for help is one of the hardest things to do because it requires a significant level of vulnerability. There is no shame in needing help or requiring assistance though. Before looking outward, take a moment to assess your, or your family’s, situation. Do not hesitate to reach out to friends, family, or your local nonprofit sector for assistance.
  2. Be honest about your capacity for financial generosity. Maybe you are someone that has been consistently generous with what you have. Maybe you are just now getting started in your journey towards generosity. Either way, now is the time to act. Consider making a financial gift to your local community foundation or relief fund. If you can’t find anything similar to that, then giving to your local food bank or health clinic will go a long way in helping alleviate some of the immediate burden our communities are facing.
  3. Be purposeful with the “small things”. Share stories of others that are uplifting people in their communities. Write encouraging notes to nursing home residents. Call friends that work in healthcare and are risking their lives every day. Check on your neighbors. There are numerous “small acts” that make a difference.
  4. Be hopeful. There is no doubt that this is going to hurt for a period of time, but we will get through this. I am hopeful that through trial and tragedy, our relationships, families, and communities will emerge stronger.

Generosity and compassion are critical to a thriving and healthy society. Our response will resonate through generations as people look back and see that in the middle of uncertainty, we were active in how we loved the people in our communities.

Categories: Donors Corner, Entrepreneurship, Featured Stories, Mays Business, Programs, Selfless service, Spotlights, Staff, Strategic Philanthropy, Texas A&M

Officials from North Dallas Bank & Trust Co. and the Mays Business School celebrate the bank’s $1 million gift to the school.

In support of the Mays Business School’s Commercial Banking Program, the funds will be used to establish an endowment and annual awards program.

Texas A&M University’s Mays Business School has received a $1 million gift from North Dallas Bank & Trust Co. (NDBT) in support of its Commercial Banking Program.

Categories: Alumni, Dean Eli Jones, Donors Corner, Featured Stories, Finance, Mays Business, News, Spotlights, Students, Texas A&M

Reynolds and Reynolds’ commitment to developing meaningful relationships with Mays Business School students and faculty and its significant philanthropic support resulted in the corporation’s selection as Mays Business School’s 2019 Partner of the Year. This dynamic partnership was highlighted during Reynolds and Reynolds Day at Mays Business School on April 5.

The day’s events included a Top-to-Top meeting between Reynolds and Reynolds executives and Mays’ leaders to discuss industry trends and Mays’ current and future initiatives. Following a recognition ceremony, company executives participated in a meeting with students and faculty from the Reynolds and Reynolds Sales Leadership Institute.

Investing significant time, funds in Mays

The company’s relationship with Mays began with Reynolds and Reynolds employees’ increasing involvement with Mays students and faculty. During the ensuing years, Reynolds and Reynolds financial support for Mays programs has grown. “They’ve made a big impact in a short period of time,” said Mays Dean Eli Jones. “The investments that Reynolds and Reynolds have made have been significant. But it’s more than the money. We have great relationships with these folks. They are partners and have given generously of their time, talent, and treasure.”

The company established a $2 million endowment to support Reynolds and Reynolds Entrepreneurship Bootcamp for Veterans and committed $1 million to create the ReyRey Café in the planned new Business Education Complex. More recently, the company dedicated a $4 million endowment for the Reynolds and Reynolds Sales Leadership Institute, an interdisciplinary program that will teach Texas A&M students university-wide about the importance of sales and leading edge sales strategies and technology.

Industry leader

Reynolds and Reynolds is a software and technology company serving automotive dealerships and car manufacturers. While the company might not be a well-recognized name in most U.S. households, consumers are impacted by the company’s products and services every time they visit a car dealership. Reynolds is a leader in helping dealerships streamline operations and improve customer satisfaction through its products and services. In business, the community, and in their own company, Reynolds and Reynolds is well known for their strong commitment to building relationships and supporting their employees through innovative professional development programs.

That commitment makes Reynolds and Reynolds’ partnership with Mays Business School a natural fit. “We talk about networking a lot. It’s a fine word but it can be superficial,” said Senior Vice President for Corporate Development Robert Burnett ’87. “What’s real is relationships. I believe that we’re here today as Partner of the Year because of the relationships we’ve built with Mays.”

A commitment to military veterans

One of the deepest relationships is with the Reynolds and Reynolds Entrepreneurial Bootcamp for Veterans. “We love the military. We’re led by ex-military and that’s our company culture,” Burnett said. “Dean Jones brought this program to our attention and it was a no-brainer for us to become a partner. It’s been a wonderful experience.”

This unique bootcamp, which is part of Mays’ McFerrin Center for New Ventures and Entrepreneurship, offers cutting-edge experiential training in entrepreneurship and small business management to post-9/11 veterans who have service-connected disabilities and a passion for entrepreneurship. Veterans are able to take part in the program at no charge.

Reynolds and Reynolds employees regularly volunteer as speakers, panel participants and mentors at the summer bootcamp. Additionally, the company’s philanthropic contributions are funding the program’s growth. “Reynolds and Reynolds’ support is allowing us to expand the number of veterans that we are able to work with in this program,” said LauraLee Hughes, the McFerrin Center’s assistant director of new ventures. “The other big constraint we’ve had is space. Thanks to this funding, we’re able to expand to other facilities and increase the types of activities that we’re able to do with veterans while they are on campus.”

Enhancing knowledge of sales

Reynolds and Reynolds, endowed the recently announced Reynolds and Reynolds Sales Leadership Institute. “One of the things students need to know is sales. You’re always going to be selling something,” said Senior Vice President for Hardware Operations David Shimek ’86. “That’s one of the things that the institute will be teaching – how to present yourself and how to sell yourself, whether you’re selling a product or yourself. That’s going to be important as students go forward.”

Ultimately, Reynolds and Reynolds’ partnership with Mays is devoted to building relationships that will help students succeed both in college and after they graduate. “Reynolds and Reynolds employees from College Station, Houston, and Dayton are on our campus every semester conducting more than 300 individual role plays with students,” said Janet Parish, the director of the Reynolds and Reynolds Sales Leadership Institute. “The time invested by the recruiting team and the sales force who really help to train our students by is a huge benefit that Reynolds and Reynolds brings.”

Categories: Alumni, Center for New Ventures and Entrepreneurship, Dean Eli Jones, Donors Corner, Entrepreneurship, Executive Speakers, Featured Stories, Former Students, Mays Business, McFerrin Center for Entrepreneurship, News, Texas A&M