2008-2009 Elon School of Business Annual Report

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The Doherty Center For Entrepreneurial Leadership The vision of the Doherty Center for Entrepreneurial Leadership, under the direction of Executive Director Gary Palin, is to cultivate entrepreneurial thinking and leadership among Elon students, positioning alumni for success in the pursuit of exceptional economic and social progress on a global scale. The center is housed within Elon’s Martha and Spencer Love School of Business. The Doherty Center was established by a generous endowment gift from Ed and Joan Doherty, entrepreneurs from Saddle River, N.J. Their company, Doherty Enterprises, Inc., is one of the nation’s leading franchise operators of quality family restaurants, including Applebee’s Neighborhood Grill & Bar, Panera Bread and Chevy’s Fresh Mex. They are parents of Kerry Doherty ’07 and have served on the university’s Parents Council. Ed is an Elon University Trustee.

Executive Presence: Love School of Business hosted notable CEOs >>In April, the Love School of Business and Elon University honored W. Eric Hinshaw, CEO of Mebane, N.C.-based Kingsdown, Inc., with the Frank S. Holt, Jr. Business Leadership Award. The Holt Award is given annually to a business leader who exemplifies leadership through his or her contributions to the community. Kingsdown is one of the leading mattress manufacturers worldwide, with headquarters in Mebane and nine international facilities. Hinshaw is responsible for the company’s Sleep to Live brand, which promotes the relationship between sleep science and better health. Hinshaw, an Alamance County native, is a past advisory board member for the Fuqua School of Business at Duke, and is a member of the National Board for Duke Children’s Hospital. In 2004 he led Kingsdown in a fundraising effort for Children’s Miracle Network, raising more than $1 million for the network. The Holt Award honors the memory of Frank S. Holt, Jr., a business leader remembered for his visionary leadership and his civic contributions to Alamance County. Mr. Eric Hinshaw and President Leo M. Lambert Holt directed the Alamance County United Way campaign, and served on the boards of the Cherokee Council of Boy Scouts, the Hospice in Alamance County, and the Salvation Army Boys and Girls Club. Mr. Holt was also a charter member of the Love School of Business Board of Advisors. >> John A. Allison, chair and CEO of BB&T, was featured as this year’s Business Ethics Speaker in November. Addressing a packed audience of students, faculty, and community members in the LaRose Digital Theatre, Allison shared the principles of the

John A. Allison

4 AN ANNUAL REPORT PREPARED FOR ALUMNI AND FRIENDS

“BB&T Philosophy” and his advice for achieving success in work and in life. “Even if you don’t see yourself as a leader, you have to lead yourself,” Allison told the audience. Copies of the BB&T Philosophy were made available to audience members. Allison, a North Carolina native, began his career with BB&T and retired as chair in December 2008. Under his leadership BB&T expanded to 1,400 branches in 12 states.

>>In September, John Zeglis, former chair and CEO of AT&T

Wireless and principal owner of the Fort Wayne Mad Ants, an NBA development league team, was featured as this year’s Legends of Business speaker. In his speech, titled “Lessons in Leadership from 30 Years in the Eye of the Telecom Hurricane,” Zeglis told students about his greatest challenges while transforming AT&T Wireless and offered his tips for successful leadership. Dur ing his presentation Zeglis said, “It’s daunting to speak about leadership. Leadership is hard John Zeglis to teach, and for students, even harder to learn. The best thing you can do is to listen to others’ experiences and wisdom.” The Legends of Business series brings retired CEOs to Elon. Former Legends of Business speakers include Robert A. Ingram, vice chairman of GlaxoSmithKline, Jerry D. Neal, cofounder of RF Microdevices, and Thomas S. Monaghan, founder of Domino’s Pizza. The series gives students the chance to interact with prominent business leaders, and is funded through a gift from longtime Elon friend and supporter Cruse Lewis.


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