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12 Center for Global Leadership 14 The Daniel M. DiLella Center for Real Estate 16 Center for Marketing and Public Policy Research 18 Center for Innovation, Creativity, and Entrepreneurship 20 Center for the Study of Church Management 22 Center for Business Analytics 24 VILLANOVA UNIVERSITY AND VILLANOVA SCHOOL OF BUSINESS CONTACTS




Dear Villanovans and Friends, Welcome to the 2012 Villanova University Business Leaders Forum. I appreciate you taking the time from your busy schedules to participate in what has become a signature Villanova event. It is my hope that the Forum provides you with an opportunity to connect with one another, engage in important dialogue, and learn more about Villanova and its strategy for the future. This year’s Business Leaders Forum affords a setting to publically introduce you to Patrick G. Maggitti, PhD, The Helen and William O’Toole Dean of the Villanova School of Business. His energy, creativity, integrity, inclusiveness, and collaborative style have made him exceptionally successful and, I believe, an ideal leader to move VSB forward. I encourage you to get to know Patrick and work closely with him to ensure that Villanova and VSB achieve excellence. Once again, a highlight of the Forum will be the presentation of the Rev. Joseph C. Bartley, OSA Alumni Medallion to a distinguished Villanova School of Business alumnus/a. This year’s recipient is Sheila F. Klehm ’83 VSB, a member of the Villanova University Board of Trustees and Executive Director, Morgan Stanley Private Wealth Management. Sheila’s distinguished career, commitment to her community, and extraordinary service to the University and the Villanova School of Business combine to make her a worthy recipient of this honor. It gives me great pride to acknowledge Sheila’s tireless efforts on behalf of Villanova and her community. Progress continues on many projects throughout the University, and I invite you to stroll around to see the changes in person. The second year of the three-year Transformation of the Campus Landscape Initiative is nearly complete and includes the construction of a new Grotto in between Austin and St. Rita Halls and the creation of the Kennedy Ellipse in the area in between Kennedy, Dougherty, and Corr Halls. Renovations to the Italian Kitchen in Dougherty Hall have resulted in the creation of Café Nova, although for many this space will always be The Pie Shop. We continue to move forward with the planning and approval process for residence halls and related projects proposed for the current main parking lots along Lancaster Avenue. Change is never easy or quick, but I am confident that these notable improvements to the campus, combined with our excellent academic programs and student services, will allow Villanova to better serve its students. Thank you for your participation in this year’s Business Leaders Forum. I am sincerely grateful to each of you for everything that you do for Villanova as we continue to work together to ensure that we deliver an outstanding education rooted in the Augustinian tradition. Sincerely,

Rev. Peter M. Donohue, OSA, PhD, ’75 A&S President Villanova University




The Helen and William O’Toole Dean of the Villanova School of Business Patrick G. Maggitti, PhD, is The Helen and William O’Toole Dean at the Villanova School of Business (VSB). Dr. Maggitti is also associate professor of Strategic Management and Entrepreneurship and the former Carmen and Sharon Danella Director of the Center for Innovation, Creativity, and Entrepreneurship (ICE Center) at VSB. Prior to joining VSB’s faculty in 2008, Dr. Maggitti was a faculty member at both Temple and Saint Joseph’s Universities. Dr. Maggitti is a widely-recognized scholar in the areas of entrepreneurship and strategic management. He has authored numerous publications in top management journals including the Academy of Management Journal, Journal of Management Studies, Research Policy, and Academy of Management Executive. His paper, “Information and availability cascades among the media and investors in the US IPO market,” was recognized among the best papers for thought leadership in the field of entrepreneurship in 2008. His research interests focus on dynamic processes, including strategy, innovation, entrepreneurship, decision-making, search behavior, and market and nonmarket based competition.

In 2011, he received the “Villanova University Outstanding Teaching Award” for faculty with fewer than seven years of service and in 2004 was the recipient of the “Allen J. Krowe Award for Excellence in Teaching” from the Robert H. Smith School of Business at the University of Maryland. Prior to academia, Dr. Maggitti spent nearly 15 years in the steel and mining industries, where he founded two successful companies and held a variety of roles, including chief executive officer, director of national sales, and board member. He has also consulted with a variety of international organizations—including several Fortune 500 companies—on many facets of strategy and entrepreneurial thinking. Dr. Maggitti received a BS in chemistry from Saint Joseph’s University, an MBA with high honors from the Johns Hopkins University, and a PhD in strategic management from the University of Maryland, College Park. He lives in Saint Davids, Pennsylvania, with his wife, Sara, and their two sons.




Dear Villanova Alumni, Parents, and Friends, It is my distinct pleasure to welcome you to the third annual Villanova University Business Leaders Forum. As we approach the US general election, this year’s Business Leaders Forum focuses on “Economic and Political Transitions.” Our keynote speaker, Michael A. Smerconish—a nationally-syndicated radio host, newspaper columnist, author, and MSNBC contributor—is eminently qualified to provide us with insight into the election and its potential ramifications. Mr. Smerconish will be followed by a distinguished panel of industry executives including Catherine M. Keating ’84 A&S, Head of Investment Management Americas, JP Morgan; Michael J. Thomson ’80 VSB, President and COO, SunCoke Energy; and Robert A. McMahon ’79 VSB, Leader, US Policy and Government Relations, Merck & Co., Inc. Our notable speakers are certain to provide a lively discussion and Q&A as we anticipate the upcoming Presidential race. I would like to take this opportunity to once again congratulate Sheila F. Klehm ’83 VSB, 2012 recipient of the Rev. Joseph C. Bartley, OSA Alumni Medallion. Sheila is a former chair of the VSB Dean’s Advisory Council, and she is currently a member of the Villanova University Board of Trustees. Sheila’s service to Villanova and her community have been exemplary, and VSB is honored to recognize her accomplishments at this year’s Forum. I’ve had the opportunity to work with many of you on initiatives including the Villanova Center for Innovation, Creativity, and Entrepreneurship (ICE Center). I look forward to our continued efforts, along with those of you I am just meeting, to advance and extend the great success of the Villanova School of Business. We are very fortunate to enjoy your tremendous gifts of time and resources—without which our ability to impact the lives of our students and the world would be greatly limited. We have much to accomplish, and I am confident that through our collective efforts we will achieve excellence as we continue to prepare future business leaders who will act responsibly and ethically, and make Villanova proud. I welcome your active participation as we strive to reach greater heights. Best regards,

Patrick G. Maggitti, PhD The Helen and William O’Toole Dean Villanova School of Business




2012 Recipient related to women through research, teaching, and outreach, globally. She has also served on the Board of Trustees at the Morristown Beard School, as an Endowment Committee member at The Peck School, and in 1993, co-founded the Student Partner Alliance, a Newark based nonprofit providing financial assistance and mentoring to economically disadvantaged high school students, where she is a Director Emeritus. SHELIA F. KLEHM ’83 VSB Executive Director Morgan Stanley, Private Wealth Management Division

Shelia Klehm is currently an Executive Director in the Private Wealth Management Division of Morgan Stanley, where she provides comprehensive wealth management solutions to ultra high net worth individuals, family offices, trusts, foundations, and endowments. A leader in the field of wealth management, Klehm has been named to Barron’s List of Top 100 Women Financial Advisors. In 2011, Klehm was selected as one of the “Best 50 Women in Business” by NJBiz. Prior to joining Morgan Stanley, Klehm was a Managing Director at the JP Morgan Private Bank, where she ran the Private Bank’s business in New Jersey and upstate New York. During her 22 years with JP Morgan, Klehm focused almost exclusively in Private Wealth Management. For more than seven years she held positions in the International Private Bank, serving some of the most prominent European and South American families.

Klehm’s philanthropic activities extend into numerous charities throughout New Jersey. She served as President of the Women’s Association of the New Jersey Performing Arts Center, an ex-officio member of the Board of Trustees and the Executive Committee, and a member of the Nominating and the Governance Committee. She has done extensive fundraising for numerous foundations. As a trustee of the Hank Klehm Foundation, Klehm, along with her son Hank, provides financial support to improve the lives of teens undergoing cancer treatment. Klehm and her son also speak on behalf of the New York Blood Center and other health care organizations to raise awareness regarding the importance of donating blood. Klehm is co-founder and Board Member of Gifts that, an online retailer whose mission is to support charity by giving 20% of the value of purchases to the charity of the customer’s choice. Sheila Klehm and her husband, Henry Klehm III, reside in New Jersey with their two sons, Hank and Bryce.

Photo: Gideon Lewin

A graduate of Villanova University, Klehm is an extremely active alumnus. She is a member of the Board of Trustees, where she serves on the Investment Committee and The Student Life Committee. Klehm also served as Chair of the Dean’s Advisory Council of The Villanova School of Business and has been a member of the Advisory Board since 2002. Passionate about education, Klehm was appointed to the Women’s Leadership Board of Harvard University’s John F. Kennedy School of Government in 2011, which is committed to the advancement of women and issues




Wednesday, October 3, 2012

Thursday, October 4, 2012



Villanova University Main Campus Connelly Center, Villanova Room

Villanova University Main Campus Connelly Center, Lower Level Foyer

The Rev. Joseph C. Bartley, OSA Alumni Medallion Presentation 2012 Recipient Sheila F. Klehm ’83 VSB Executive Director Morgan Stanley Private Wealth Management Member, Villanova University Board of Trustees Remarks Patrick G. Maggitti, PhD The Helen and William O'Toole Dean Villanova School of Business Preview of 2012 Presidential Debate James Politi US Economics and Trade Correspondent Financial Times 2012 PRESIDENTIAL DEBATE 9:00 – 10:30 pm Connelly Center Live coverage of the nationally-televised debate

KEYNOTE SPEAKER 8:30 – 10:00 am Connelly Center, Villanova Room “Economic and Political Transitions” Michael A. Smerconish Nationally-syndicated radio host, newspaper columnist, author, and MSNBC contributor INDUSTRY PANEL AND OPEN DIALOGUE 10:15 – 11:45 am “Economics, Political Realities, and the Next President: The Challenges Facing Business Leaders in 2013” Moderator: James Politi US Economics and Trade Correspondent Financial Times Panelists: Catherine M. Keating ’84 A&S Head of Investment Management Americas JP Morgan Robert A. McMahon ’79 VSB Leader, US Policy and Government Relations Merck & Co., Inc. Michael J. Thomson ’80 VSB President and COO SunCoke Energy, Inc. LUNCH Noon – 1:00 pm Remarks Rev. Peter M. Donohue, OSA, PhD, ’75 A&S President Villanova University VSB ADVISORY COUNCIL MEETINGS 1:30 – 4:30 pm Open to advisory council members only




Keynote Speaker are discussed, including TODAY, The Colbert Report, O’Reilly Factor, Larry King Live, The View, and Real Time With Bill Maher. In 2006, Smerconish also participated in the Pentagon-sponsored Joint Civilian Orientation Conference, during which he visited four Middle Eastern countries and was briefed by Defense Secretary Donald Rumsfeld at the Pentagon.

MICHAEL A. SMERCONISH Nationally-syndicated radio host, newspaper columnist, author and MSNBC contributor

Michael A. Smerconish is a nationally-syndicated radio host whose daily program reaches more than fifty markets across America. He is also a best-selling author, a contributor to MSNBC and TheDailyBeast, and a columnist for the Philadelphia Inquirer who has been re-printed in various newspapers across the country. Confident, enthusiastic, and expressive (traits essential to his radio career), Smerconish shares fun talk radio stories about topics that bring people together while discussing the political issues that divide us. He addresses the polarization in Washington and attributes it to a number of factors including rewarding bad political behavior with fundraising opportunities, the emergence of passion and conviction as the new “seniority,” gerrymandering, and—most importantly of all—the media and the stories it chooses to publicize. Smerconish was the first radio host to interview President Barack Obama, and he has interviewed him more often than any other radio personality. Smerconish has also interviewed Presidents Jimmy Carter, George H.W. Bush, Bill Clinton, and George W. Bush, as well as Vice Presidents Al Gore, Dick Cheney, and Joe Biden, and Senator John McCain.

Smerconish became a radio and television commentator after being inspired by his early political experiences, including working as an advanceman for (then) Vice President George H.W. Bush and in a subcabinet level position in the Department of Housing and Urban Development. Smerconish is the author of five books, two of them New York Times best-sellers. His published books include: Flying Blind: How Political Correctness Continues to Compromise Airline Safety Post 9/11; Muzzled: From T-Ball to Terrorism, True Stories that Should Be Fiction (one of his best-sellers); Murdered By Mumia: A Life Sentence of Loss, Pain and Injustice (another best-seller); Morning Drive: Things I Wish I Knew Before I Started Talking; and Instinct: The Man Who Stopped the 20th Hijacker. Smerconish has often been recognized for his radio work. Talkers Magazine has consistently named him one of America’s most important talk show hosts, and Radio and Records named him the nation’s 2009 “Local Personality of the Year.” In 2011, the National Association of Broadcasters selected him as a Marconi Award finalist. He has also been the recipient of several Achievement in Radio Awards. Philadelphia magazine named him the city’s best talk show host, as well as one of the city’s most powerful citizens.

Additionally, Smerconish is an on-air contributor with MSNBC. In 2008, he covered both the Democratic and Republican National Conventions for the network. He appears regularly on Hardball with Chris Matthews (a program he has guest hosted) and has been a guest on virtually every television program where politics







Head of Investment Management Americas JP Morgan

Leader, US Policy and Government Relations Merck & Co., Inc.

Catherine M. Keating is the Head of Investment Management Americas at JP Morgan, responsible for overseeing one of the largest providers of investment management services with more than $700 billion in client assets. She is also a member of the JP Morgan Chase & Company Executive Committee, the senior leadership group of the corporation, and a member of the Asset Management Division Operating Committee. In addition, she serves as a director of the JP Morgan Chase Foundation.

Robert A. McMahon currently leads Merck’s US Policy and Government Relations function. Mr. McMahon and his team represent Merck in Washington, DC, and are responsible for US policy development and legislative advocacy on Merck’s key federal issues. The US Policy and Government Relations team also oversees the administration of the Merck PAC and the company’s grassroots program.

Ms. Keating was previously the CEO of United States Private Banking at JP Morgan. Prior to joining JP Morgan in 1996, Ms. Keating was a Partner in the international law firm of Morgan, Lewis & Bockius LLP. Ms. Keating is a frequent author and speaker on investment and wealth planning topics. She has been featured in interviews appearing in Bloomberg Businessweek, The Wall Street Journal, Barron’s, The Financial Times, and Institutional Investor, among others, and has appeared on CNBC and BusinessWeek TV. She has been named one of the Most Powerful Women in Banking by US Banker. Ms. Keating serves as the Vice Chair of the Board of Trustees of Villanova University, as well as on the Boards of Trustees of the Girl Scout Council of Greater New York, the Inner-City Scholarship Fund, and the New York Women’s Forum. Ms. Keating received her BA from Villanova University and her JD from the University of Virginia School of Law.

Throughout his 30-year career, Mr. McMahon has developed a reputation as a passionate, results-oriented leader with a keen ability to motivate a diverse employee population. He is also known as a steadfast advocate of Merck’s mission of putting patients first. A CPA by training, Mr. McMahon began his Merck career in finance. Over the course of his long career, he has held a variety of commercial roles with both domestic and international responsibilities. Starting in 2000, he served as Vice President and General Manager of Merck/Schering-Plough Pharmaceuticals where he guided the formation of a standalone joint venture between the two companies. In 2004, he was appointed Vice President, Marketing and Franchise Business Group Leader of the Arthritis and Analgesia Franchise. In 2005, Mr. McMahon was appointed General Manager, Hospital and Specialty Products, and then became General Manager of the Cardiovascular/Metabolic Business Unit. In October 2007, he was promoted to President, US Pharmaceuticals and in August 2008, he assumed leadership of Merck’s US Commercial Operations and moved to Washington in April of 2011. Mr. McMahon is a 1979 graduate of Villanova University where he earned a Bachelor of Science degree in accounting. He began his career with Arthur Andersen & Co. in their New York Office. He also worked at the Squibb Corporation prior to joining Merck.







President and Chief Operating Officer SunCoke Energy, Inc.

US Economics Trade Correspondent

Michael J. Thomson serves as President and Chief Operating Officer of SunCoke Energy, Inc., the largest independent producer of metallurgical coke in the Americas. SunCoke Energy is a technological and environmental leader in advanced heat recovery coke production- producing high-quality coke for use in iron and steel making, while capturing process generated waste heat for co-generation into useful steam and electricity.

James Politi is the US Economics and Trade Correspondent for the Financial Times based in Washington, DC. In this role, he covers US economic policy, economic data, and US trade policy.

From 2011 through 2012, Mr. Thomson and SunCoke Chairman and Chief Executive Officer Fritz Henderson worked with Sunoco Inc.’s management team on a strategic two-step divestiture and planned separation of SunCoke from Sunoco. Mr. Thomson joined Sunoco, Inc.’s leadership team in 2007 as Vice President, Sunoco, and Executive Vice President, SunCoke Energy. Before joining SunCoke Energy, Mr. Thomson served 17 years in the power industry, most recently as President of PSEG Fossil LLC. Prior to PSEG, Mr. Thomson worked with Corning, Inc. from 1982 through 1990. Outside of SunCoke Energy, he has served on the Dean’s Advisory Committee/Center for Innovation, Creativity & Entrepreneurship at the Villanova School of Business (VSB) and most recently joined the VSB Dean’s Advisory Council. Mr. Thomson is a member of the Institute of Management Accountants and is a Certified Management Accountant (CMA). He earned his Bachelor of Science Degree in Operations Management from Villanova University and then went on to achieve a Master of Business Administration degree in Finance and a Master of Science Degree in Accounting both from Syracuse University.

Financial Times

Politi was previously based in New York as the FT’s US deals reporter, covering mergers and acquisitions and private equity, after joining the FT in London in 2002 on the international capital markets desk. He took up his current position in Washington in March 2008. In 2006, Politi was awarded an Honorable Mention at the Overseas Press Club’s Malcolm Forbes Award for ‘Best Business Reporting from Abroad,’ for the FT’s coverage of Cnooc’s attempted takeover of Unocal. In 2007, he won first prize for his coverage of Kohlberg Kravis Roberts, the private equity firm, at the M&A International Awards. In 2004 and 2007, Politi was named one of NewsBios/TJFR’s ‘30 under 30’ Rising Stars. In 2000, Politi won the Nico Colchester Prize for Young European Journalists. As a Colchester fellow, he was chief researcher and commissioning editor for ‘Europe Reinvented,’ a four-part special supplement published with the FT in January/February 2001. Politi has appeared on CNBC, MSNBC and BBC-TV and ABC and NPR radio. Politi received his Master’s degree from the London School of Economics, a Bachelor’s degree from Georgetown University, a University degree from the University of Florence, and a certificate from the international program, Institute of Political Studies, Paris. Politi speaks French, Italian, and Spanish. You can follow him on Twitter at @JamesPoliti. BUSINESS LEADERS FORUM



Advisory Council Members The Dean’s Advisory Council (DAC) provides advice and guidance to the dean of Villanova School of Business on important strategic initiatives under consideration at the school. William K. Bacic ’78 VSB, ’10 PA New England Managing Partner Deloitte & Touche, LLP

Joseph J. Fico ’13 PA President and Chief Executive Officer TD Bank

Daniel H. Bathon, Jr. ’76 VSB General Partner and Chairman Windspeed Ventures, LLC

Mark P. Ford ’11, ’15 PA Executive Vice President President, Sports Group Time Inc.

James R. Boyle PA ’14 President John Hancock Financial Services

Thomas F. Gilman ’73 VSB, '09 PA President and Chief Executive Officer TD Auto Financial

George W. Coleman ’78 VSB Vice Chairman, Global Equities Department Credit Suisse

Vahan H. Gureghian ’76 VSB Chief Executive Officer Charter School Management, Inc.

John J. Coneys ’73 VSB Retired Vice Chairman PricewaterhouseCoopers, LLP Kevin M. Curley ’80 VSB, ’09 PA President and Chief Executive Officer Curley Financial Group, LLC Kathie J. De Chirico ’08 EMBA Chief Operating Officer Vedere Andrew P. DiLoreto ’80 VSB, ’14 PA Chairman and Chief Executive Officer ICS Group



Christine James ’91 VSB Managing Director, Institutional Client Services Wells Capital Management Thomas Klein ’84 VSB President Sabre Holdings Jeffrey P. Lagarce ’12 PA Executive Vice President Fidelity Investments Joseph M. Lamastra ’83 VSB, ’12 ’15 PA President T Capital Management, LLC

Ronald N. Langston Principal Langston Global Enterprises, LLC

Donald J. Musso ’81 VSB, ‘14 PA President FinPro

Gerard S. LaRocca ’14 PA Chief Administrative Officer Managing Director Barclays Capital

Thomas M. Quindlen ’84 VSB, ’13 PA President and Chief Executive Officer GE Capital, Corporate Finance

Jeffrey C. LeSage ’82 VSB National Managing Partner, US Tax Practice KPMG, LLP Elizabeth T. Mazzeo ’81 VSB, ’13, ’16 PA Business Head Bloomberg Financial Markets Bill McDermott Co-Chief Executive Officer, Executive Board Member SAP AG Donough McDonough ’81 VSB Managing Director Boomerang Capital, LLC Robert A. McMahon ’79 VSB Leader, US Policy & Government Relations Merck & Co., Inc. Robert F. Moran ’72 VSB President and Chief Executive Officer PetSmart, Inc.

David E. Rutter ’84 VSB Former Chief Executive Officer ICAP Electronic Broking LLC Milissa M. Tadeo ’04 EMBA Senior Vice President, Corporate Affairs Federal Reserve Bank of Philadelphia Michael J. Thomson ’80 VSB President & Chief Operating Officer SunCoke Energy, Inc. William P. Tucker ’81 VSB, ’15 PA Chief Executive Officer Media Vest USA Arthur F. Tully ’10, ’13 PA Partner Ernst & Young, LLP Thomas M. Venables ’78 VSB, ’15 PA President and Chief Executive Officer Taramax USA, Inc.


Advisory Council Members The Accounting Advisory Council provides advice to the Villanova School of Business Accountancy & Information Systems Department with regard to its strategic plan, course development, and strategic issues facing the accounting profession. Timothy H. Boehmer ’95 VSB Partner Crowe Horwath LLP

Frank J. Frabizzio ’91 VSB Partner PricewaterhouseCoopers LLP

Timothy C. Boyle Vice President—Tax SunGard Data Systems

Leonard J. Gatti ’83 VSB Vice President, Financial Reporting Comcast Corporation

Joseph E. Croasdale ’85 VSB Controller Liquidnet Albert G. Deana ’84 VSB Principal ParenteBeard LLC Saverio M. Fato ’88 VSB Assurance Partner PricewaterhouseCoopers LLP

Chris T. Gheysens ’93 VSB President Wawa, Inc. Robert A. Hagemann ’09 PA Senior Vice President & Chief Financial Officer Quest Diagnostics, Inc.

Laura L. Iacona ’96 VSB Partner, Audit Practice Leader Grant Thornton LLP Wayne J. Kaplan Managing Partner Grant Thornton LLP Robert McNeill ’88 VSB Partner, Assurance & Advisory Services Deloitte & Touche LLP Robert F. Mulhall ’80 VSB Partner, Assurance Ernst & Young LLC

Robert Olszewski Director Kreischer Miller Kristina M. Parker ’94 VSB Audit Partner KPMG LLP Mark A. Spelker ’82 VSB Partner J.H. Cohn LLP Valerie A. Wieman ’92 VSB New York Metro Assurance Partner PricewaterhouseCoopers LLP

Michael Murphy Vice President Audit and Controls ARAMARK

Accounting Advisory Council Leadership Michael F. Peters, PhD

Chair, Accountancy & Information Systems Department (610) 519-4048




CENTER FOR GLOBAL LEADERSHIP The Center for Global Leadership (CGL) contributes to the development of VSB’s global strategy, emphasizing integrated international business (IB) studies and responsible global leadership; serves as a source of new ideas, resources, and innovations for VSB’s international curricular initiatives and service and outreach activities; and acts as a catalyst for faculty research and innovation in IB practice, ethical leadership, and global corporate responsibility across VSB and the University. In addition to encouraging broad participation in global programs, CGL increasingly emphasizes emerging markets, especially the BRIC nations—Brazil, Russia, India, and China—as well as smaller developing countries, because these economies are expected to lead global growth and prosperity in the future. CGL works closely with the student-led International Business Society (IBS), which provides a global perspective for students interested in international careers, and Business Without Borders, a group dedicated to demonstrating how business skills can benefit local and global communities through various service-oriented projects and initiatives. In 2012, 50 percent of VSB’s graduating class participated in study abroad and/or international internships, and 25 percent had an IB co-major or minor. EMBA and fast-track MBA students all participated in their required international experience, traveling and undertaking projects in Argentina, Chile, China, Hungary, South Africa, South Korea, and Turkey.

Center Highlights and Accomplishments • CGL launched the Global Leadership Fellows program for the Class of 2015, creating an opportunity for a select group of VSB students to integrate global leadership and international experiences throughout their undergraduate experience. Students will complete the requirements for the IB co-major, participate in two study abroad experiences, and complete customized coursework in IB and globalization. • CGL supported visits by General Anthony C. Zinni ’65 VSB, a retired four-star general in the US Marine Corps and former Commander-in-Chief of US Central Command, who shared insights on ethical leadership, crisis management, and strategy; David Shinn, a former ambassador and Foreign Service officer, who spoke on the new dynamic of China’s significant and increasing investments on the African continent; and Robert McMahon ’79 VSB, who leads Merck’s public policy office and federal government affairs activities based in Washington, DC, who discussed critical developments and future trends in the pharmaceutical business. • CGL co-sponsored the Villanova Leadership Summit, the Political Economy of International Organizations (PEIO) conference, and a panel of Advisory Council members that explored how global leadership skills can be developed by students and professionals throughout their careers. • CGL will serve on a committee leading Villanova’s participation in the 2014 Internationalization Laboratory of the American Council on Education (ACE), a learning community that assists participating institutions in developing a strategy for comprehensive internationalization and assessing progress and outcomes. • CGL is led by new Director, Kim Cahill, who brings extensive experience as an international educator at the University of Pennsylvania and Temple University, and Faculty Director, Jonathan Doh, who was recently recognized as 12th most prolific leading international business scholar in the world.




Advisory Council Members Deborah T. Affonsa Senior Director, Utility Strategy and Performance Improvement Pacific Gas & Electric Company Aurelio A. Barria ’73 VSB Executive Vice President Motta-Internacional S.A. James Burke ’87 VSB President Sterling Information Systems, US Anthony A. Chiarello ’77 A&S President and Chief Executive Officer Tote, Inc. Paul M. Colonna ’90 VSB President and Chief Investment Officer, Fixed Income GE Asset Management Charles E. Crew ’73 VSB Retired President and Chief Executive Officer SABIC Innovative Plastics

Ronald S. Cruse ’77 A&S President & CEO Logenix International, Inc. James P. DeBlasio ’77 VSB Chief Executive Officer NOVA Corporate Strategies Anthony E. Dellomo ’65 VSB Retired Senior Executive Citibank, N.A. Stephen DeRose ’76 VSB Vice President, Global CD Excellence Unilever United States, Inc. Richard G. Heintzelman ’81 VSB Executive Vice President & Head of Commercial Wallenius Wilhelmsen Logistics Americas Thomas E. Henry ’81 VSB, ’92 VLS Partner, Credit and Incentives Network PricewaterhouseCoopers LLP

Jeffrey C. Leventry, Esq. ’84 VLS Senior Vice President, Learning & Development Willis Re Inc.

Richard R. Smith PhD Candidate Lee Kong Chian School of Business, Singapore Management University

Michael B. Malloy ’89 VSB Audit Partner Deloitte & Touche LLP

Ronald R. Steger ’76 VSB Partner-in-Charge, Global Semiconductor Industry Practice KPMG LLP

Rohit Mehrotra Vice President, Private Wealth Management JP Morgan Securities, Inc. Manuel A. Nunez ’03 MBA (Chair) Director of External and Government Affairs Inter-American Foundation Walter J. Owens ’82 VSB Managing Partner Davis Hill Capital, LLC Michael P. Petrane ’93 VSB Partner, Assurance Services Ernst & Young LLP William M. Shockley ’83 VSB Partner Tinicum Capital Partners II, LP

Frank J. Sweeney ’73 VSB President and Chief Executive Officer TDK U.S.A. Corporation Stephen J. Szapor ’82 VSB Vice Chairman and Co-Founder Innovation Capital Ricaurte Vasquez ’73 VSB Vice President Government Affairs & Public Policy GE Latin America Wayne M. Withrow ’77 VSB, ’83 VLS Executive Vice President SEI Investments Company

Center for Global Leadership Jonathan P. Doh, PhD Faculty Director Herbert G. Rammrath Endowed Chair in International Business Professor, Management & Operations (610) 519-7798

Kimberly A. Cahill Director (610) 519-3906

Kenneth B. Taylor, PhD Associate Director Assistant Professor, Economics & Statistics (610) 519-6430

Associate Council Members Meredith A. Altenhofen ’11 VSB Global Business Development & Strategic Partnerships VISA, Inc.

Kaitlyn M. Mincer ’07 VSB Senior Auditor The Vanguard Group, Inc.

Carlos M. Pradera ’10 VSB Associate, Finance Leadership Development Program Rolls-Royce North America, Inc. BUSINESS LEADERS FORUM



THE DANIEL M. DILELLA CENTER FOR REAL ESTATE The Daniel M. DiLella Center for Real Estate was established to provide outstanding academic and professional development opportunities in the field of real estate to Villanova students. Our real estate programs strive to deepen students’ understanding of the technical components of the real estate industry, of their social responsibilities as sheppards of land and environment, and of the importance of creating opportunities for service and giving whenever possible. The center supports faculty research and teaching, ensuring relevance in the curriculum through the incorporation of site visits, experiential learning projects, industry-standard tools, and the perspectives of industry experts. As of spring 2012, the center offers an undergraduate co-major and minor in real estate—with real estate focused courses including investments, law, development, modeling, accounting, capital markets, and economics— and a real estate specialization within the Villanova MBA program. The center connects and mobilizes the Villanova real estate community—through educational programs, thought leadership initiatives, and networking events—to expand the horizons of a new generation of real estate leaders and to generate vibrant conversations among real estate professionals on issues facing the real estate industry.

Center Highlights and Accomplishments • The undergraduate real estate co-major was approved and implemented this year. New courses offered to co-majors allow students the opportunity to become ARGUS certified and to be exposed to their choice of real estate capital markets, accounting, or economics. • The DiLella Center for Real Estate membership program was established in fall 2011 to provide opportunities for Villanova real estate community members to connect and engage. The program offers members access to industry events and conversations, faculty research briefings, and special publications, including student résumé books and a membership directory. During the 2011–12 year programs were held in Philadelphia, New York, and Washington, DC.



• The Villanova Real Estate Challenge is a national real estate development case competition for students from top undergraduate real estate programs in the United States. Hosted by VSB, the challenge provides national recognition for Villanova’s real estate program among both industry and academic audiences. This year, twelve universities competed for $12,000 in prizes. • The annual Commercial Real Estate Career Conference brings top employers to campus to connect students with career and mentorship opportunities. A panel of recent graduates shared their experiences during their first few months of employment. Jerry Sweeney, CEO of Brandywine Realty Trust, provided the keynote presentation in which he shared a sampling of life lessons and advice with current students and young professionals. Over 60 real estate professionals were on hand to discuss valuable professional experience opportunities available through the Villanova Real Estate Internship Program and beyond graduation.

Looking Ahead The 2012–13 academic year will mark the five-year anniversary of the Daniel M. DiLella Center for Real Estate. To date, over 175 students have graduated from Villanova with a real estate minor, co-major, or MBA specialization. Our real estate academic and professional programs provide a competitive edge to the University and to our students. Looking ahead, The Daniel M. DiLella Center for Real Estate will strive to be a nationally-recognized leader among academic and professional audiences. The center will attract top students seeking a real estate degree who are greatly sought after by corporate recruiters. To get involved, email


Advisory Council Members Glenn E. Alba ’94 VSB Managing Director, Real Estate Group The Blackstone Group Richard T. Aljian ’88 A&S Partner Merion Realty Partners Joseph F. Azrack ’69 VSB Managing Partner Apollo Global Real Estate James C. Braithwaite ’62 VSB President & Chief Executive Officer KAN-AM F. Davis Camalier ’77 VSB Principal Washington Real Estate Partners Edward L. Carey ’15 PA Managing Director Clarion Partners Francis A. Coco ’81 VSB Executive Director Cushman & Wakefield, Inc. Joseph T. Corcoran ’83 VSB President Strategic Realty Investments, LLC James A. Cowan ’89 VSB Managing Director Morgan Stanley

Edward J. DaCosta ’81 VSB Executive Vice President CBRE Daniel M. DiLella ’73 VSB (Chair) President & Chief Executive Officer BPG Properties, Ltd. Peter P. DiLullo ’72 VSB President & Chief Executive Officer LCOR Domenic M. DiPiero President & Founder Newport Capital Group Stephen J. Furnary ’72 VSB Chairman & Chief Executive Officer Clarion Partners David G. Gensemer ’74 COE Founding Partner CG Partners John A. Giunco ’74 VSB Chairman, Real Estate Land Use & Development Practice Area Giordano, Halleran & Ciesla, P.C. Christopher P. Haley ’90 VSB Principal Palladian Realty Capital

Michael J. Jones ’85 VSB Managing Director, Head of Securitized Product Sales Nomura Securities International, Inc. Edward A. Liva ’09, ’12 PA Partner KPMG LLP Richard S. Lyon ’78 VSB Executive Vice President, Commercial Real Estate Capital One Bank Steven E. McCraney ’85 VSB President McCraney Property Company Lizann McGowan-Killmeyer ’91 A&S Senior Vice President CBRE James P. Meehan ’71 VSB President RealMarq Corporation Louis P. Mirando ’81 VSB Managing Partner CH-Rhodes Realty Capital, Inc. Samuel J. Morreale ’81 VSB Managing Partner Vision Equities, LLC

Thomas M. Mulroy ’85 VSB Chairman & Chief Executive Officer T-REX Capital Group, LLC Daniel F. O’Dea ’75 VSB President Delphi Affordable Housing Group, Inc. Paul A. Pearson ’77 VSB Principal Pearson Partners, Inc. Puja Peruto Senior Manager, Transaction Real Estate Ernst & Young L.L.P. William J. Sales ’67 VSB President Tishman Realty Corporation Jessica M. Scully ’96 A&S Vice President, Operations Scully Company Gary J. Silvi President Vesper Property Group, LTD Edward J. Welsh ’66 VSB President ADCO Electrical Corp.

The Daniel M. DiLella Center for Real Estate Leadership Shawn D. Howton, PhD Faculty Director Associate Professor, Finance (610) 519-5638

Jessica L. Taylor Director (610) 519-4334

Charles J. Davidson Center Fellow

Anthony V. Ziccardi Center Fellow




CENTER FOR MARKETING AND PUBLIC POLICY RESEARCH The Center for Marketing and Public Policy Research tests the intended and unintended consequences of government regulation on business, consumers, and society. The center leverages Villanova’s strong international reputation, faculty, and executive network in the business and policy arena to provide research that guides business and regulatory processes, while giving students unique networking and consulting experiences that accelerate their career development cycle. The center also encourages development of unique curricular initiatives with its advisory board. In 2010, the center expanded into a series of Strategic Business Units (SBUs) led by Villanova faculty. Students have opportunities for professional development through the center’s Conair International Ambassadors Program and Washington, DC, Internship Program. The domestic program seeks to give students a unique experience in Washington, DC, through continuous engagement with Capitol Hill, while the international program (led by Professor Michael Capella) sends students to Rome for a series of high-level business and political meetings, client interaction, and internships in organizations such as the Italian Parliament. At the MBA level, students have the opportunity to consult for senior government officials. For example, the Fast Track MBA Cohort wrote a book with Director Kozup titled Positioning Mauritius in the International Marketplace: A Pro-Growth Blueprint. This book was presented to the Vice Prime Minister of Mauritius, Xavier Luc-Duval, during his Distinguished Lecture at Villanova on April 23, 2012.

Center Highlights and SBU Accomplishments • The Financial Services SBU, led by Professor Michael Pagano, held a series of high-level conferences in New York City and at Villanova that examined the ongoing changes in the financial services industry. A special thank you to key sponsors including Knight Capital.



• The Healthcare SBU, led by Professors Jeremy Kees and Michael Capella, is working on a large-scale collaborative research project with the Grocery Manufacturers Association, Food Marketing Institute, and Food and Drug Administration. • The Domestic Policy SBU, led by Professor Ron Hill, supports the Journal of Public Policy and Marketing, the Brenda Derby Doctoral Student Research Award and the American Marketing Association Marketing and Public Policy Conference. • The Marketing and Advertising Practice SBU, led by Professor Charles R. Taylor, supports the International Journal of Advertising. Dr. Taylor is the editor, and Dr. Kozup serves as the associate editor. • The Political Science SBU, led by Professor Satya Pattnayak, supports distinguished speakers from federal, state, and local governments, and provides unique curricular and internship opportunities for VSB and A&S students. • The center added a new innovative course, The Political Ecosystem, taught in conjunction with advisory council members. This course introduces students to the political ecosystem from four vantage points: the media, campaigns & advocacy, Congress, and the Executive Branch. • The center introduced the Board Member Commentary and Publication Series, an initiative that will allow many of the leading business, governmental, legal, and academic advisory board members to write a short analysis or review of issues in their area of expertise. • Several center faculty members received top research awards including Charles R. Taylor, PhD, American Academy of Advertising Lifetime Achievement Award, Ronald P. Hill, PhD, 2012 Villanova University Outstanding Faculty Research Award, and Jeremy Kees, PhD, and John C. Kozup, PhD, American Marketing Association Thomas C. Kinnear Research Award.


Advisory Council Members Stephen M. Albrecht ’95 A&S Managing Director for Regulatory Affairs GE Capital Corporation Leonard J. Amoruso General Counsel Knight Capital Americas, L.P. Gerard M. Banmiller ’69 A&S Chief Executive Officer & President First Colonial National Bank Donald W. Bohn ’76 A&S Vice President of US Goverment Affairs Johnson & Johnson Marc R. Cadin ’96 VSB Senior Vice President of Legislative Affairs Association for Advanced Life Underwriting Paolo Catalfamo Founder & Chairman Investar Stephen A. Colanero ’88 VSB Executive Vice President & Chief Marketing Officer AMC Entertainment Raul A. Damas ’96 A&S Senior Director/Team Leader, US Policy Pfizer Inc. Joseph V. Del Raso, Esq. ’74 VSB, ’83 VLS (Chair) Partner Pepper Hamilton LLP

Denise L. Devine ’77 VSB Chief Executive Officer & President Nutripharm, Inc. and Devine Foods, Inc. Sean P. Fahey ’91 A&S, ’94 VLS Partner Pepper Hamilton LLP Vern Farnsworth Senior Consultant National Foundation for Debt Management Arthur J. Furia ’74 VSB, ’80 VLS Partner Shutts & Bowen LLP James Gerlach Congressman US House of Representatives Jeanne M. Hogarth, PhD Senior Analyst, Consumer Education & Research Board of Governors, Federal Reserve System Murray S. Kessler ’81 VSB Chairman, President & Chief Executive Officer Lorillard, Inc. Alan S. Levy Center for Food Safety & Applied Nutrition US Food and Drug Administration

L. Douglas Lioon ’78 VSB Founder Douglas Laboratories

Janis K. Pappalardo, PhD Bureau of Economics Federal Trade Commission

Brett S. Loper ’95 A&S Senior Policy Advisor US House of Representatives

Francis I. Perier, Jr. ’81 VSB Senior Vice President, Finance & Chief Financial Officer Forest Laboratories

Massimiliano Magrini Chief Executive Officer Annapurna Ventures James P. McAndrew Chief Executive Officer & Chairman Pan American Outdoor Advertising Matthew McAndrew ’04 VSB Vice President Morgan Stanley Smith Barney, LLC Stephen J. McConnell, Esq. Partner Dechert LLP William L. McCusker Chief Marketing Officer Pepper Hamilton LLP Patrick J. Meehan ’89 A&S Congressman US House of Representatives Angelina E. Mondavi ’04 A&S Acting Head Winemaker Charles Krug Robert B. Murphy ’83 VLS Of Counsel Dykema

Suzanne M. Petrella Private Consultant Debra J. Ringold Dean Williamette University Salvatore M. Salibello Managing Partner BDO Seidman, LLP Joseph S. Tesoriero ’75 VSB Vice President & Chief Financial Officer Dole Food Company, Inc. Paolo Torchetti Chairman Flumen Communications Companies Mark Valente III ’78 VSB (Vice Chair) President Valente & Associates Michael J. Zarrelli Corporate Counsel, Manager Federal Government Affairs Amway

Center for Marketing and Public Policy Research Leadership John C. Kozup, PhD Faculty Director Associate Professor, Marketing & Business Law Associate Editor, International Journal of Advertising (484) 682-7622

Mary (Katie) Bechtel Assistant Director (570) 850-2028 Jeremy Kees, PhD Healthcare Strategic Business Unit Leader

Ronald P. Hill, PhD Domestic Policy Strategic Business Unit Leader Editor, Journal of Public Policy & Marketing Michael S. Pagano, PhD Financial Services Strategic Business Unit Leader

Satya Pattnayak, PhD Political Science Strategic Business Unit Leader Charles R. Taylor, PhD Senior Research Fellow Marketing & Advertising Strategic Business Unit Leader Editor, International Journal of Advertising BUSINESS LEADERS FORUM



CENTER FOR INNOVATION, CREATIVITY, AND ENTREPRENEURSHIP The Center for Innovation, Creativity, and Entrepreneurship (ICE Center) is at the forefront of Villanova University’s strategy to foster cross-college and interdisciplinary opportunities for the collaborative pursuit of knowledge. The ICE Center advances the Augustinian vision by embedding creative problem solving more deeply in the Villanova culture through the development and promotion of initiatives in the related areas of creativity, innovation, and entrepreneurship.

mid-May, students met and networked with Villanovans from companies like Google, Apple, and Facebook and met with entrepreneurs and founders of several Silicon Valley startups. Alumnus Michael Gardner ’67 A&S served as a program coordinator and helped to connect students from the Villanova School of Business, Villanova School of Law, the College of Engineering, and the College of Liberal Arts & Sciences to Villanovans with a wide range of professional backgrounds.

While located within VSB and founded upon one of its four strategic pillars—innovation—the ICE Center’s mandate is unique in its cross-college and primary focus on the creative and innovative skills needed to identify and act upon new knowledge and ideas. Fundamental to new ventures, these entrepreneurial skills are increasingly recognized as being central to success and highly sought after by existing organizations of all types—large/ small/profit/not-for-profit. In recent surveys of executives, the ability to think entrepreneurially was considered the most important leadership characteristic, and more than 60 percent of Fortune 500 CEOs indicate that the ability to think creatively is even more important than intelligence. While traditional entrepreneurship in the form of startup organizations remains a central driver of economic growth, more than 70 percent of existing organizations cite innovation and “intrapreneurship” as key to their future growth and success.

Villanova Entrepreneurs Network Alumnus Rick Anthony, Sr. ’59 A&S joined the ICE Center as an Entrepreneur-in-Residence and brought his signature program, The Entrepreneurs Network, to the University. Now known as the Villanova Entrepreneurs Network, this networking venue connects startup entrepreneurs, serial entrepreneurs, service providers, and alumni who are working on innovative new ventures in the Philadelphia area and beyond. More than 350 individuals have attended the first five Villanova Entrepreneurs Events, including alumni from the College of Liberal Arts & Sciences, the Villanova School of Business, the College of Engineering, and the Villanova School of Law. The next Villanova Entrepreneurs Network meeting will be on Wednesday, November 14, 2012, during Global Entrepreneurship Week.

The ICE Center strives to support traditional entrepreneurship and startups, but its broader mission is to symbolize Villanova’s commitment to nurture creative and innovative thinkers. Villanovans are already known to be among the best, most well-rounded students, and the ICE Center seeks to provide opportunities to develop and highlight their entrepreneurial spirit as well.

Center Highlights and Accomplishments Villanova in the Valley The ICE Center’s inaugural Villanova in the Valley program was designed to expose students from across the Villanova campus to the innovative, creative, and entrepreneurial ecosystem of Silicon Valley. Over a five-day trip in



Pitch Day The ICE Center teamed up with the Villanova Student Entrepreneurship Competition (VSEC) and the Beyond Ideas Committee to present Pitch Day 2012 on April 24, 2012. More than 80 alumni, faculty, and community members came to Bartley Hall to judge student entries in the VSEC, business plans in the Entrepreneurship Minor programs (both from VSB and COE), the Electrical and Computer Engineering Senior Design projects, and the prototypes designed in the Mobile Applications development course. Overall more than 250 students participated in Pitch Day, which concluded with a new signature event for the ICE Center—a reception celebrating innovation, creativity, and entrepreneurship across the Villanova campus. For more information on these and other ICE Center initiatives, please visit


Advisory Council Members Christopher R. Antonowich ’01 VSB Principal Embryo Creative LLC Dax Basdeo, PhD Acting Chief Officer (Financial Services) Ministry of Finance, Tourism, and Development Cayman Islands Government Jeffrey P. Bodle, Esq. ’95 A&S Partner Morgan Lewis & Bockius LLP Curt J. Byerley ’78 VSB Founder & President Global Direct Marketing Stephen J. DeAngelis ’88 VSB Managing Director Goldman Sachs & Co. James J. Dicso ’90 COE President & Chief Revenue Officer SundaySky

James J. Dolan ’76 A&S Chairman & Chief Executive Officer Ascent Data

Stephen W. Kreter ’71 VSB Executive Vice President & Founder Kreg Information Systems

James A. Drobile Jr. ’83 VSB Mobility Applications & Solutions for Industry AT&T Mobility

Daniel S. Lammot ’98 A&S Chief Executive Officer roundCorner, Inc.

Patrick F. Meyer ’74 VSB Partner & Board Member Thinaire, Knocking Live, Sourcebits Inc.

John C. Larre ’91 VSB Chief Financial Officer Karsch Capital Management

Edmund B. Moore ’90 VSB Chief Executive Officer Clutch

Steven M. Lewis ’90 VSB Executive Vice President Willis Group

Charles J. Poznek ’81 VSB Co-Founder & Chief Executive Officer Rocky & Bella, LLC

Michael S. Gardner ’67 A&S Retired Chief Executive Officer Blue Vector Systems John S. Hallahan Vice President of Global Innovations Mojiva, Inc. Daniel J. Hogarty, Jr. ’61 VSB Retired Chairman, President & Chief Executive Officer Troy Financial Corporation Peter T. Knobloch ’75 VSB Chief Executive Officer RJ Palmer LLC

Alexander L. Maggitti President Orlando Diefenderfer Electric Victor J. Maggitti ’56 VSB Owner & President Vimco, Inc.

Michael P. McCarthy ’78 VSB Managing Partner Pipeline Biomedical Holdings

Roy Rosin Chief Innovation Officer University of Pennsylvania Health System Christopher G. Ryan ’83 COE Business Leader IDF W.L. Gore & Associates, Inc.

The Center for Innovation, Creativity, and Entrepreneurship Leadership James W. Klinger, PhD Faculty Director Assistant Professor, Management & Operations (610) 519-6443

II Luscri Director (610) 519-3873




THE CENTER FOR THE STUDY OF CHURCH MANAGEMENT Statement of Philosophy: The Church is not a business, but it does have a stewardship responsibility to use its resources effectively. Frequently that requires the use of sound leadership and management techniques that are not typically taught to clergy and lay leaders in the Church. Statement of Mission: The Center for the Study of Church Management offers educational programs and conducts research intended to develop the Church’s business plan of the 21st century. Its constituents include all individuals in church leadership and administrative roles who are seeking to become better stewards of church resources by improving their leadership and management skills.

Accomplishments/Achievements Educational Accomplishments/Achievements • Sponsored two one-day workshops, one on Civil Law for Parishes (15 registrants) and the other on Parish Technology (250 registrants) • Co-sponsored a three-day conference (along with the Pope John Paul II Cultural Center) on the topic of “Best Practices in Catholic Church Ministry Performance Management.” Presentations were made by business school professors, seminary professors, and practitioners (53 registrants). • Offered Summer Church Management Institute, a one-week, highly-intensive executive education experience designed for leaders in diocesan and religious order management positions annually since 2006 (97 total participants). • Offered on-site church management programs in four dioceses, presenting on topics chosen by the dioceses (total of 400 priests) • Manage the Master of Science in Church Management program, which is an innovative, online two-year graduate business program that provides students with a high-level skill set in church management. The program is for clergy and laypeople who are interested in strengthening their ability to contribute to the Church’s mission and require the convenience of an online program (a total of 39 graduates from first three cohorts).



• Distribute a quarterly newsletter electronically to over 11,000 parishes and individuals. • Offer webinars on 12 church management topics leading to a certificate in church management in partnership with Our Sunday Visitor. • Delivered 24 keynote speeches at diocesan events in last five years. Research Accomplishments • Books intended for practitioners, including • Best Practices in Catholic Church Ministry Performance Management, Lanham, MD: Lexington Books, 2010. • Best Practices of Catholic Pastoral and Finance Councils, Huntington, IN: Our Sunday Visitor Press, 2010. • Best Practices in Parish Stewardship. Huntington, IN: Our Sunday Visitor Press, 2008. • Listening to the People of God: Closing, Rebuilding, and Revitalizing Parishes. Mahwah, NJ: Paulist Press, 2008. • Why Catholics Don’t Give…And What Can Be Done About It. Huntington, IN: Our Sunday Visitor Press, Updated, 2006. • Journal Articles • “The Effective Design of Church Websites: Extending the Consumer Evaluation of Websites to the Non-Profit Sector” Information Systems Management, forthcoming. • “Determinants of the Allocation of Volunteer Time: Church-related Versus Other Non-market Activities”, Atlantic Economic Journal, Vol. 36 (2008), pp. 455–67 • “Internal Financial Controls in the U.S. Catholic Church”, Journal of Forensic Accounting, Vol. 9 No.1 (June 2008), pp. 129-55. • “The Agency Relationship In Churches: An Empirical Analysis”, American Journal of Economics and Sociology, Vol. 66, No. 4(October 2007), pp. 727–46. • “The Professional Development Needs of Pastors and Parish Business Managers”, Church, Vol. 23 No. 2 (Summer 2007), pp. 1–6. • Lead research agent in national Emerging Models of Parish Leadership initiative.


Advisory Council Members Richard J. Burke President Catholic School Management Rev. William J. Byron, SJ Professor St. Joseph’s University Lisa Capodici ’83 VSB Managing Director Fixed Income Investor Relations General Electric Company

Michael J. Castellano Retired Chief Financial Officer & Managing Director Lazard Asset Management Thomas J. Colligan Retired Managing Partner PricewaterhouseCoopers LLP Carol L. Fowler, EdD Director of Personnel Services Archdiocese of Chicago

Bryan T. Froehle, PhD Professor School of Theology and Ministry St. Thomas University The Very Rev. Anthony Genovese, OSA Prior Provincial Province of St. Thomas of Villanova Sheila A. Kelly Church Consultant Charles H. Kerrigan (Chair) Director of Marketing Legacy Advisors, LLC

Kathleen L. McChesney, PhD Chief Executive Officer Kinsale Management Consulting Sr. Patricia Mitchell, SFCC Executive Director Silicon Valley FACES Matthew J. O'Rourke '60 VSB Former Managing Partner, National Office PricewaterhouseCoopers LLP Most Reverend Richard E. Pates Bishop Diocese of Des Moines Tony Salgado, CPA Chief Financial Officer Archdiocese of Santa Fe

Center for the Study of Church Management Leadership Charles E. Zech, PhD Faculty Director Professor, Economics & Statistics (610) 519-4371




CENTER FOR BUSINESS ANALYTICS The Center for Business Analytics (CBA) leads the development of analytical capabilities of all VSB students so that graduates become known for this critical business skill in the marketplace. The CBA is organized around the three pillars of Curriculum, Research, and Practice, which provide focus on the development, execution, and tracking of the CBA’s strategic objectives. The strategic objectives of the CBA pillars are: Curriculum Pillar • Produce students competent in current analytics practice and application • Lead the development of specializations in analytics in the VSB undergraduate and graduate curricula that will help students address business problems from a crossfunctional perspective • Lead the development and delivery of analytics courses across all undergraduate majors and MBA programs within VSB Research Pillar • Develop new business applications of analytics • Understand and address the managerial issues related to the successful application of analytics in different business contexts Practice Pillar • Collect and disseminate best practices in analytics among business professionals • Assist businesses in improving their capability in analytics • Provide students with opportunities to perform analytical work via internships and consulting projects • Place VSB graduates in analytics positions • Facilitate collaboration between faculty and industry via knowledge management methods



Center Highlights and Accomplishments • Starting in the Fall of 2012, all VSB sophomores are required to take “Business Analytics,” a new course designed to give students exposure to the collection, cleansing, analysis, and mining of data. • An undergraduate business analytics minor was approved in the Fall of 2011. To date, over 45 juniors and seniors have declared for this three-course program. • The CBA hosted Chris Gheysens ’93 VSB, the President of Wawa, Inc., and Bill McDermott, the co-CEO of SAP AG, as speakers in the “Analytics Thought Leader Lecture” series. These visits included lectures to students, faculty, and business guests preceded by lunch and discussions with the CBA Advisory Council and faculty associates. • Two applied research projects were launched based on input from the CBA Advisory Council. In the first project, CBA faculty associates and IBM are analyzing the factors that drive investment in business analytics. The second project examines the use of analytics software on mobile devices vs. PCs. • The CBA initiated a partnership with the Lehigh University Enterprise Systems Center to develop a consulting practice that utilizes analytics to drive business improvement. The projects are staffed by analytics students who are mentored and managed by experienced professionals.


Advisory Council Members Mark Alden Vice President, Customer Operations PECO Energy Company L. Gene Alessandrini ’86 COE Senior Vice President, Marketing PPL EnergyPlus, LLC

Sharon T. Desmond ’85 VSB Senior Vice President, Revenue & Business Operations Comcast Corporation George F. Diehl ’70 COE Retired Global Director Process Management Air Products & Chemicals, Inc.

Ronald Baumann ’05 EMBA Senior Vice President & General Manager Harrah’s Chester Casino & Racetrack

Howard Fields Programs Executive, North America Business Analytics & Optimization IBM Corporation

Scott A. Byers Chief Executive Officer & President Diversified Information Technologies, Inc.

Mark Hosbein Senior Vice President, Advertiser Solutions The Nielsen Company

Ryan T. Caplan President & Chief Executive Officer Coldlight Solutions, LLC

Cynthia Hubert Executive Director American Productivity & Quality Center

Thomas P. Keegan Partner KPMG LLP Peter P. Longo ’71 VSB President, Logistics & Operations Macy’s Michael W. Lowenstein ’63 VSB Executive Vice President Market Probe, Inc.

Craig F. Sanders ’90 VSB President Enfathom A Division of North Highland Karl F. Schmidt ’78 COE Retired Vice President, Supply Chain Strategy & Innovation Johnson & Johnson Karen Stine Director, Business Intelligence Vertex, Inc.

Roland Mosimann Chief Executive Officer AlignAlytics

Luis A. Urrutia ’75 COE President LFG Resources, Inc.

Anthony Reynolds Chief Operating Officer, Solutions Go-To-Market SAP America, Inc.

Michael L. Zubey ’01 MBA Vice President HighPoint Solutions, LLC

Michael P. Russomano ’79 VSB Chief Marketing and New Business Officer Pfizer Inc.

Ronald Cline Senior Vice President, Marketing Bank of America

The Center for Business Analytics Leadership Matthew J. Liberatore, PhD Faculty Director John F. Connelly Endowed Chair in Management Professor, Management & Operations mathew.liberatore@ (610) 519-4390

Thomas J. Coghlan Business Fellow Associate Director (484) 686-6926




Villanova University Undergraduate Admissions (610) 519-4000 Austin Hall Alumni Affairs (610) 519-4539 1-800-Villanova alumni Garey Hall Campus Ministry (610) 519-4080 campusministry St. Rita’s Hall Development 1-800-486-5244 develop Picotte Hall, Garey Hall Conference Services (610) 519-7580 Ron Diment, Director Galberry Hall Registrar (610) 519-4032 register Tolentine, Rooms 202–204 University Shop (610) 519-4161 ushop Kennedy Hall Villanova Athletics Ticket Office (610) 519-4100 Jake Nevin Fieldhouse

Villanova School of Business DEAN’S SUITE Bartley Hall 1045 Patrick G. Maggitti, PhD The Helen and William O’Toole Dean (610) 519-4331 Dennis Kuhn, JD Senior Associate Dean (610) 519-4459 Madonna Sutter ’81 MA Associate Dean, External Relations (610) 519-3109 Timothy Hoffman ’04 VSB, ’06 MBA Director of Finance and Operations (610) 519-3270 Jennifer Whinney Manager, Strategic Initiatives (610) 519-3013 Victoria Forrest Executive Assistant to the Dean (610) 519-4331 THE CLAY CENTER: UNDERGRADUATE PROGRAMS Bartley Hall 1054 Melinda German Associate Dean, Undergraduate Business Programs (610) 519-4333 melinda.german@

Ellenbeth Pepe Associate Director (610) 519-4567 ellenbeth.pepe@

Kristy Irwin Director, Graduate Program Strategy and Development (610) 519-6288

Brenda Stover Director, Professional Development and Business Institutes (610) 519-5898


Patricia Burdo Assistant Director, Business Minors (610) 519-5951 Christine DellaPenna Internship/CoOp Coordinator, Employer Outreach christine.dellapenna@ (610) 519-6707 GRADUATE AND EXECUTIVE PROGRAMS Bartley Hall 1074 Michael L. Capella, PhD Associate Dean, Graduate & Executive Programs (610) 519-6624 michael.l.capella@ William Andahazy Associate Director, Graduate Career Management (610) 519-4795 william.andahazy@ Zelon Crawford Director of Graduate Programs (610) 519-6238 Eileen Cassidy Director, EMBA & Executive Business Programs (610)523-1739 Vincent DiFelice Director, Graduate Partnerships (610) 523-1737



Kevin Noller ’04 A&S, ’09 MBA Director of Major Giving (610) 519-6569 Kathleen McCloud VSB Major Gift Officer (610) 519-7659 kathleen.mccloud@ Lauren Kleckner VSB Major Gift Officer (610) 519-7449 lauren.kleckner@ VSB ACADEMIC DEPARTMENTS Greg Bonner, PhD Chair, Marketing and Business Law (610) 519-4352 Wen Mao, PhD Chair, Economics (610) 519-6429 Michael Peters, PhD Chair, Accountancy & Information Systems (610) 519-4048 David Shaffer, PhD Chair, Finance (610) 519-5637 Daniel Wright, PhD Chair, Management & Operations (610) 519-6428

Atypically A table surrounded by winners can be a wonderful thing. In structuring a deal, it means collaboration without capitulation. It also means having a law firm that sees and solves problems that exist without generating solutions to problems that don’t. All of which makes us more than a business partner; it makes us an ally. It’s not typical. But neither are we.

We are proud to support the Villanova School of Business. Joseph V. Del Raso, VSB 1974; VLS 1983 Sean P. Fahey, VSB 1991; VLS 1994 Berwyn | Boston | Detroit | Harrisburg | Los Angeles | New York | Orange County | Philadelphia | Pittsburgh | Princeton | Washington | Wilmington




PPL EnergyPlus速 provides energy supply solutions to Villanova and many other institutions and businesses. Villanova University Alumni, family and friends can also save on their electric bill with a special offer from PPL EnergyPlus. To learn more or enroll visit Visit to learn more about electricity and natural gas supply, renewable energy, petroleum products and other services to meet the diverse energy needs of your business.

PPL EnergyPlus, LLC is an unregulated subsidiary of PPL Corporation. PPL EnergyPlus is not the same company as PPL Electric Utilities. The prices of PPL EnergyPlus are not regulated by the Pennsylvania Public Utility Commission. You do not have to buy PPL EnergyPlus electricity or other products in order to receive the same quality regulated services from PPL Electric Utilities.

Official energy supplier of

Commercial Banking Group

PROUD WITH A CAPITAL P Capital One BankÂŽ is proud to support Villanova School of Business 2012 Business Leaders Forum and congratulates Sheila F. Klehm, recipient of 2012 Rev. Joseph C. Bartley, OSA Alumni Medallion.

Š 2012 Capital One. All rights reserved.

Visionary leaders Shaping the past and defining the future Dynamic leaders are essential for driving our community successfully toward the future. Deloitte is proud to support the third annual Villanova Business Leaders Forum, a catalyst for change through collaboration and networking.

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. Copyright © 2012 Deloitte Development LLC. All rights reserved. Member of Deloitte Touche Tohmatsu Limited

R Susan ’80 A&S and Andrew DiLoreto ’80 VSB are proud to support the Villanova University Business Leaders Forum


UNIVERSITY ADVANCEMENT would like to recognize and thank our

V I L L A N OVA UNIVERSIT Y alumni, parents and friends for their generous support and participation in the 2012 Business Leaders’ Forum.

Leadership! Axis Global Logistics understands that leadership is a critical component of business success. That’s why we’re honored to be a sponsor of Villanova University’s 2012 Business Leaders Forum and to participate in this important gathering of executives.

All of us at Axis congratulate Morgan Stanley’s

Sheila F. Klehm for her leadership and for being awarded the Rev. Joseph C. Bartley, OSA Medallion at this year’s Forum.

Delivering Global Supply Chain Solutions to Your Business Worldwide Corporate Headquarters 1100 Randolph Road, Somerset NJ 08873 T: 800 568-4901 • E: •

The power of teamwork ©2012 Ernst & Young LLP. All Rights Reserved.

Ernst & Young is proud to support the third annual Villanova Business Leaders Forum. A brighter future starts with all of us. We are happy to encourage the business leaders of tomorrow.

Reason says: bigger is better.

Instinct says: nimble is better for driving growth. At Grant Thornton we understand the many challenges that dynamic organizations like yours are up against. We bring a real, competitive advantage of senior staff time, short decision-making chains and sound processes that our clients truly value. To help unlock your potential for growth, visit

Grant Thornton refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd.

Grow your own way Every career path is different. That’s why we help you design your own. We’ll provide the training, coaching and experiences that allow you to build relationships and take advantage of career opportunities. You decide what happens next—at PwC or beyond. It’s the opportunity of a lifetime.

© 2012 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. We are proud to be an Affirmative Action and Equal Opportunity Employer.

Achievement is something worth talking about.

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The Villanova School of Business

Business Leadership Forum Edward DaCosta, VSB’81 Executive Vice President Office, Industrial and Retail Tenant Representation Services Globally 732.509.8925 Licensed Real Estate Broker Two Tower Center Boulevard, 20th Floor East Brunswick, NJ 08816

•• JOHN A. GIUNCO ’74 VSB is a


We proudly support the Villanova School of Business. — Mark A. Spelker, CPA, Partner, and the Partners of J.H. Cohn

W e t u r n e x p e r t i s e i n t o r e s u l t s. 877.704.3500 NY . NJ . CT . MA . CA Joe Torre

Robert A. Hagemann ’09 PA is a

proud supporter of the

VillanovaUniversity Business Leaders Forum and the

Villanova School of Business


,. Christine James ’91 vsb proudly supports the 2012

Villanova University Business Leaders Forum



VISION leadership

collaboration Knight is proud to support the third annual Villanova Business Leaders Forum Knight Capital Group is a global financial services firm that provides trade execution, research, asset management and capital market services across multiple asset classes. The firm is consistently ranked as a leading source of liquidity in U.S. equities. Knight has a global presence with offices located throughout North America, Europe and in the Asia-Pacific region. For additional information about Knight Capital Group, Inc. (NYSE Euronext: KCG) please visit

© September 2012 Knight Capital Group, Inc. All rights reserved.


KPMG is a proud sponsor of the Villanova School of Business, 2012 Business Leaders Forum

is a


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Gerard S. LaRocca ’14 PA is a

proud supporter of The Villanova University Business Leaders Forum

Elizabeth T. Mazzeo ’81 VSB

& Lawrence S. Mazzeo ’83 VSB

Proudly Support the 2012 Villanova University Business Leaders Forum



Is A Proud Sponsor of the

Villanova University Business Leaders Forum

THANKS TO ALL OF OUR SPONSORS! Villanova University acknowledges the generosity of the following sponsors in support of the 2012 Villanova University Business Leaders Forum.

TITLE SPONSOR GE Capital, Corporate Finance

PLATINUM SPONSORS Pepper Hamilton LLP Pfizer Inc. PPL EnergyPlus

GOLD SPONSORS Capital One Bank Deloitte & Touche LLP Andrew & Susan DiLoreto ’80 Villanova University, Office of University Advancement SAP America

SILVER SPONSORS Axis Global Logistics Ernst & Young LLP Grant Thornton LLP PricewaterhouseCoopers LLC

BRONZE SPONSORS CBRE J.H. Cohn LLP John A. Giunco ’74 VSB Robert A. Hagemann ’09 PA Christine James ’91 VSB Lizann McGowan-Killmeyer ’91 A&S and Rick Killmeyer Knight Capital Group, Inc. KPMG LLP Thomas K. Land ’82 VSB Gerard S. LaRocca ’14 PA Liquidnet Holdings, Inc. Elizabeth T. ’81 VSB and Lawrence S. ’83 VSB Mazzeo The Nielsen Company

Villanova University Business Leaders Forum  

2012 Villanova University Business Leaders Forum Program.

Villanova University Business Leaders Forum  

2012 Villanova University Business Leaders Forum Program.