Haas NewsWire

Haas NewsWire, February 2, 2004

Google's CEO Eric Schmidt to Speak at the 2004 Haas School Commencement
Paul Pressler to Give First Dean's Lecture of the Semester, March 1
Marketing Prof. Glazer to Serve as Interim Director of Executive Development
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Google's CEO Eric Schmidt to Speak at the 2004 Haas School Commencement

Dean Tom Campbell announced today that Eric Schmidt, CEO and chairman of the Board of Google, one of the most successful Silicon Valley startups of all time, will give the commencement address at the Haas School Commencement on May 23.

"I am delighted that Eric Schmidt will address the graduating classes of 2004 and their families," says Dean Tom Campbell. "This is a great opportunity to hear from a leading CEO, who is poised to take the firm into its next phase."

In the past two years, Schmidt, who has focused on moving Google to a profit-making model, has lead the way as the company quadrupled in size, now employing over 1,000 people, or "googlers" as the firm calls them. He headed up the introduction of Google's AdWords advertising program in 2002, which now has 150,000 advertisers.

In January of this year, Business Week named Schmidt among its "Managers to Watch" in its annual "Best Managers" list. Time magazine's year-end piece, "People Who Mattered," mentioned Schmidt and Google founders, Larry Page and Sergey Brin, due to the company's success to date.

The Google founders recruited Eric Schmidt from Novell, where he led that company's strategic planning, management, and technology development as chairman and CEO. Schmidt now shares responsibility with Page and Brin for Google's day-to-day operations.

Prior to his appointment at Novell, Schmidt was chief technology officer and corporate executive officer at Sun Microsystems, Inc., where he led the development of Java, Sun's platform-independent programming technology, and defined Sun's Internet software strategy. Before joining Sun in 1983, Schmidt was a member of the research staff at the Computer Science Lab at Xerox Palo Alto Research Center (PARC), and held positions at Bell Laboratories and Zilog.

Schmidt has a bachelor's of science degree in electrical engineering from Princeton University, and a master's and Ph.D. in computer science from the University of California, Berkeley.

Recent Haas School commencement speakers have included California State Treasurer Phil Angelides; Thomas M. Siebel, chairman and CEO of Siebel Systems; David Pottruck, CEO and president of Charles Schwab; Rodrigo Rato, deputy prime minister of Spain; Robert Haas, chairman of Levi Strauss; and Mort Zuckerman, publisher and real estate developer.

The 2004 Haas School Commencement will take place at the Greek Theatre on Sunday, May 23, at 7:00 p.m.

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Paul Pressler to Give First Dean's Lecture of the Semester, March 1

Paul Pressler, CEO and president of Gap Inc., shares his vision of leadership at the first Dean's Lecture of the year on Monday, March 1, at 5:00 p.m. in the Wells Fargo Room.

Seats will be available on a first-come, first-served basis. For more information contact Susie Hanna at hanna@haas.berkeley.edu.

Pressler was brought in to head Gap Inc. in September. According to media reports, in the past 18 months Pressler has refocused the company on customer research, strategic planning, and keeping the stock in the stores relevant to customer demands. A profile of Pressler in Fortune magazine mentioned that he has also made a point of getting first-hand experience -- he spent 11 hours working the sales floor, stockroom, and men's fitting room of a Southern California Gap store the day after Thanksgiving in 2002.

Gap Inc. is a leading international retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, and Old Navy brand names. Gap brand includes Gap, GapKids, babyGap, GapBody, and Gap Outlet.

A 15 year veteran of The Walt Disney Company and chairman of its global theme park and resorts division, Pressler was responsible for Disney's theme parks and resorts, including Walt Disney World Resort, Disneyland Resort, Tokyo Disney Resort, and Disneyland Paris. He also was in charge of building the company's first Disney park in Hong Kong, scheduled to open in 2006.

Previous to this position, Pressler served as president of Disneyland, where he was instrumental in the development of "Disney's California Adventure," which opened adjacent to Disneyland in February of 2001. He came to Disneyland in 1994 from Disney Consumer Products, where he served as senior vice president and later as president of The Disney Stores. During his tenure, The Disney Stores grew from 160 locations to 335 in eight countries, including France, Germany, Spain, Japan and Hong Kong.

Pressler holds a Bachelor of Science degree in Business Economics from the State University of New York at Oneonta.

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Marketing Prof. Glazer to Serve as Interim Director of Executive Development

Marketing Professor Rashi Glazer will serve as interim Director of the Center for Executive Development at the Haas School, as Paul Stames, who currently heads the unit, steps aside to take on a new role at the school focusing on strategic initiatives. A search for a permanent director for CED is underway.

In his new role, Stames will work on the potential development of a new residential facility for students in the school's executive education programs. He will also focus on the continued expansion of Haas executive education in Asia.

CED offers non-degree customized programs and open enrollment courses that are taught by Haas School faculty on campus and at client sites around the world throughout the year.

Glazer has been teaching executive development courses in marketing and business strategy since 1989, when he joined the Berkeley faculty. He also serves as the director of the Berkeley Portfolio of Marketing Management Executive Education Programs. He has won several awards for teaching excellence both at the MBA and executive education levels.

"I am grateful to Rashi Glazer for his willingness to help us achieve a successful transition in this critically important part of the school," said Dean Tom Campbell. "And I am grateful to Paul Stames for his many years of service at CED and for all he will continue to bring our executive learning program."

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Kenneth Rosen, the California State Professor of Real Estate and Urban Economics, was quoted in the San Francisco Chronicle on January 30 in an article titled "Newsom Vows to Ramp Up Efforts to Fill Office Space S.F., Oakland Mayors Rally Realty Leaders." Rosen commented on the creation of jobs in the Bay Area. For full text, http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2004/01/30/BUG5M4L1OP1.DTL

Dean Tom Campbell and Sunil Dutta, the Joan and Egon von Kaschnitz Distinguished Associate Professor of Accounting and International Business, were quoted in Red Herring on January 29 in an article titled "Options at the OK Corral." Dutta and Campbell commented on the issue of expensing stock options.

"Trading is Hazardous to Your Wealth," a study by Terrance Odean, associate professor in the Finance Group, and Brad Barber, was mentioned in The Record on January 28 in an article titled "Less Can Be More if you Choose to Invest."

The Haas School of Business was mentioned in the Canadian National Post on January 28 in an article titled "Tech Recruiters Back on Campus: Smaller Firms, Start-ups Looking for MBA Types."

Abby Scott, director of MBA Career Services, was quoted in the Asian Wall Street Journal on January 28 in an article titled "Some Types of Finance Jobs Are Picking Up." Scott commented on the 20% increase in on campus recruiting this spring.

Terrance Odean was quoted in a CFO.com article on January 28 titled, "Insights from Behavioral Finance Could Change the Way Companies Approach Mergers and Acquisitions." Odean commented on how behavioral biases can affect decision-making patterns at large companies.

The Haas School of Business was mentioned in The Wall Street Journal on January 27 in an article titled "Financial-Services Industry Slowly Comes Back to Life." The article mentioned the 20% increase in on-campus recruiting at Haas this year.

Thomas Davidoff, assistant professor in the Real Estate group, was quoted in the Salem, Oregon, Statesman Journal on January 26 in an article titled "Salem Company a Leader in Retirement Housing." Davidoff commented on positive trends in senior housing developments due to the aging population and increasing life spans. For full text, http://news.statesmanjournal.com/article_print.cfm?i=74067

Terrance Hendershott, assistant professor in the Operations and Information Technology Management Group, was quoted in the San Francisco Chronicle on January 25 in an article titled "Online Pacific Exchange is Thriving Volume on Electric Trading System Steadily Rising." Hendershott commented on Pacific Exchange's use of the electronic trading system, Archipelago. For full text, http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2004/01/25/BUG6G4GPQQ1.DTL&type=printable

Severin Borenstein, E.T. Grether Professor in Public Policy and Business Administration, was quoted in the Star-Tribune on January 24 in an article titled "Heat Costs Chill Profits; What Do Energy Costs Have to Do With the Price of Tomatoes?" Borenstein commented on the increasing prices of consumer goods due to increasing energy costs.

The Center for Executive Development at the Haas School was mention in the Alameda Times-Star on January 23 in an article titled "Haas Business Classes to be Taught in China." The article was on CED's partnership with the University of Nankai and the city of Shenzen to bring graduate-level finance courses to China.

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