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Alumni in the News

Innovation Will Deliver U.S. From Recession
The way out of the current economic crisis lies in America's gift for ingenuity and innovation and more transparency in the financial sector agreed Alumni Weekend Roundtable panelists, including Dean Garth Saloner and Penny Pritzker, MBA '84, who serves on President Obama's Economic Recovery Advisory Board. (Video available) Details

GSB Alumnus Oliver Williamson Wins 2009 Nobel Prize
in Economics with Elinor Ostrom
The Royal Swedish Academy of Sciences awarded the 2009 Nobel Prize in Economic Sciences to Oliver Williamson, MBA '60, and the Edgar F. Kaiser Professor Emeritus at UC Berkeley's Haas School of Business. He shares the $1.4 million prize with Elinor Ostrom at Indiana University. NobelPrize.org Details

Victor Arias, Jr., MBA '82, Receives Distinguished Alumni Award
The University of Texas at El Paso and the UTEP Alumni Association awarded Victor Arias, Jr., MBA '82, the Distinguished Alumni Award, the University's highest honor. UTEP's Distinguished Alumni Award recognizes some of the University's most accomplished graduates whose exceptional contributions to their professions and their communities are a great source of pride for not only the University, but the nation and the world as well.

Social Change With a Networked Mindset
What's happening in the new media arena of social networking? In this talk at the Nonprofit Management Institute, Heather McLeod-Grant, MBA '99, discusses how individuals and organizations are using networked approaches to promote social change efforts. Podcast

Why The World's Poor Refuse Insurance
 Microinsurance is now being offered in the developing world, "but there aren't many takers. We haven't really figured out a good model," says Monica Brand, MBA '97, of the microlending firm Accion. Time.com, September 21, 2009 Details

Time Magazine Cites Work of Three Stanford GSB Alums
Three of Time magazine's Responsibility Pioneers are organizations founded by GSB alumni, two of them former students of Entrepreneurial Design for Extreme Affordability taught by GSB Professor Jim Patell. Time.com, 2009

Don Ardell, SEP, '73 Wins Division, World Sprint Triathlon Championship
On September 13th on the Gold Coast of Australia, Don won his division in the World Sprint Triathlon Championship competing as a member of the US Team. Details

Lighting Up Lives
In the last two years, D.Light has sold more than 200,000 units in the Indian market. "We need to sell millions of units to achieve economies of scale and make profits," says Nedjip Tozun, MBA '07. Outlook Business, September 5, 2009 Details

The Boss: The World's Banker
A New York Times column profiles Acumen Fund CEO Jacqueline Novogratz, MBA '91 PMP, who is also author of The Blue Sweater. Details

MBAs Help Louisiana Start-up
Ashley Payton and Sara Thomas, both MBA '09, returned to New Orleans in July after a transformative experience during the Service Learning Trip over spring break. Having spent three weeks with Kyle Berner, CEO and creator of eco-friendly Feelgoodz flip-flops, Payton and Thomas received a true crash course in working for a start-up. Ideal Village, March 18, 2009 Details

Will Joe Clark's Tree Project Sink Ghana's Fishermen?
Joe Clark and his business partner, a former logger and business consultant Wayne Dunn, MBA '97, predict that their company could create 1,400 direct and indirect jobs in Ghana. The Lake Volta project will reduce the level of global deforestation by bringing millions of cubic meters of old growth timber to market without killing a single living tree or harming the fish. Globe and Mail, August 18, 2009 Details

Venture Firm's 'Green' Funds Top $1 Billion
Khosla Ventures, founded in 2004 by venture capitalist Vinod Khosla, MBA '80, announced in September that it had raised $1.1 billion in two funds and will start investing the smaller $275 million fund in very-early-stage green startups. New York Times, August 31, 2009 Details

Amway's Matthews Named Top Executive by Black Enterprise
Candace Matthews, MBA '85, chief marketing officer of Amway, has been named "corporate executive of the year" by Black Enterprise. Details

Swine Flu Gets the Midas Touch
Dr. Bruce Lee, MBA '98, an assistant professor of medicine at the University of Pittsburgh, has joined forces with his colleagues on a National Institutes of Health project called the Models of Infections Disease Agent Study, more commonly known as Midas. Business Week, May 7, 2009 Details

Tanks That Shaped History Offer Lessons for Soldiers and Scholars
The late Jacques Littlefield, MBA '73, loved tanks and the engineering that went into them. Details

Consulting to Bridge U.S. and China
After a decade in the United States, Beijing-born technology-business consultant Rong Zhang, MBA '08, enjoys reestablishing old ties and building new business links to China for U.S. companies. Stanford Business Magazine, May 2009 Details

What Do We Value?
Who defines what you value? Chip Conley, MBA '84, founder and CEO of Joie de Vivre Hospitality, explores our definitions of what is important in this essay from the Huffington Post. Stanford Business Magazine Details

GSB Alumna Recognized by President Obama
President Obama announced his nomination of Maria Eitel, CRT '01, as CEO of the Corporation for National and Community Service. AmeriCorps, April 23, 2009 Details

Michael Shanahan, MBA '65, Honored with 2009 Arbuckle Award
Capital Research and Management Co. Chairman Emeritus R. Michael Shanahan, who helped his firm blossom into one of the three largest U.S. mutual fund companies, received the 2009 Arbuckle Award recognizing leadership. (Video Available). Details

"Ordinary" People Who Accomplish the Extraordinary
In her autobiography, The Blue Sweater, Acumen Fund founder and CEO Jacqueline Novogratz, MBA '91, describes her quest to use the power of markets to achieve social transformation, primarily through providing economic opportunity to the poor and marginalized. Stanford Social Innovation Review, Winter 2009 Details

Turning on the Light For Customers on Tiny Incomes
Sam Goldman, MBA '07, CEO of D.light Design, finds himself running an international company whose customers are some of the poorest people in China, India, or Tanzania. The firm grew out of the GSB course Design for Extreme Affordability. Details

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