Annual Alumni Event in San Francisco Focuses on Green Building, March 19

William McDonough

The topic of green building as a new, major business trend will take center stage at the Sixth Annual Haas Alumni Celebration in San Francisco on Wednesday, March 19, from 6:00 p.m. to 8:30 p.m. at Gap Inc. headquarters.

Dan Geiger, MBA 98, executive director of the US Green Building Council's northern California chapter, will facilitate a panel discussion on sustainable design principles, green building, and emerging trends in "green finance."

The discussion, titled "The Business of Green Communities: Sustainable Design for Our Times," will include William McDonough, a world-renowned architect and winner of three US presidential awards; Lisa Michelle Galley, an authority on green real estate investment strategies; and Noah Horowitz, an efficiency expert and senior scientist with the Natural Resource Defense Council.

The evening will begin with a 90-minute networking reception and guided tours of the modern and contemporary art collection in the gallery at Gap Inc. headquarters, made available by event host, Don Fisher, BS 50, founder and chairman of Gap Inc. Dean Tom Campbell will deliver opening remarks prior to the panel discussion.

Only 350 guests may attend this event, which is expected to sell out. To register, visit

Airbus Japan CEO to Discuss the US Election and Japan, March 21

Glen S. Fukushima, president and CEO of Airbus Japan, will give a talk titled "The US Presidential Election and Japan" on Friday, March 21, from 12:30 to 2 p.m. in the Wells Fargo Room.

Fukushima, a longtime observer of and participant in relations between the United States and Japan, will talk about the preference among Japanese leaders for Republican presidential administrations and the implications of that relationship on US-Japanese relations.

This Dean's Speakers Series event is being co-sponsored by the Clausen Center for International Business & Policy and the Center of Japanese Studies. Lunch will be served, and seats will be available on a first-come, first-served basis.

Since 2005, Fukushima has been leading the Japanese operations of Airbus, the European aircraft manufacturer. In the 1990s, he served as vice president and president of the American Chamber of Commerce in Japan.

Fukushima began his career in a prominent Los Angeles law firm and then went on to serve in the Office of the US Trade Representative (USTR) as director for Japanese affairs and deputy assistant USTR for Japan and China. After government service, he worked in the management of Japanese operations of several major US companies, including AT&T, Arthur D. Little, Cadence Design Systems, and NCR.

Fukushima has served on numerous nonprofit and corporate boards and government advisory councils and wrote the award-winning book The Politics of US-Japan Economic Friction.

Fukushima, a native of California, studied as an undergraduate at Stanford University and completed graduate work at Harvard University, where he studied in the Graduate School of Arts and Sciences, Harvard Business School, and Harvard Law School.

For more information, go to

WellPoint Founder to Speak on Fixing Health Care at Public Leadership Dinner, April 7

Leonard D. Schaeffer, founding chairman and former CEO of health insurance company WellPoint, will speak on "Fixing Health Care: The Role of Public and Private Sector Leadership" at the Tenth Annual Public Leadership Dinner on April 7 from 6 p.m. to 9:30 p.m. at the International House.

As CEO of WellPoint's predecessor company, Blue Cross of California, Schaeffer managed the company's late 1980s turnaround from near-bankruptcy and founded WellPoint. He served as CEO of WellPoint from 1993 to 2004 and continued as chairman through 2005. During his tenure, WellPoint soared in value from $11 million to more than $49 billion to become the nation's largest health insurance company.

Schaeffer began his health care career in the public sector. He worked in several management positions for the state of Illinois before joining the federal government in 1978, where his duties included administering the Health Care Financing Administration, now the Centers for Medicare and Medicaid Services.

He is currently chairman of Surgical Care Affiliates, a senior advisor of private equity firm TPG Capital, and the Judge Widney Professor at the University of Southern California. Schaeffer, who has previously served as a Regent's Lecturer at UC Berkeley, is a graduate of Princeton University.

The annual dinner is hosted by the Center for Nonprofit and Public Leadership. Space is limited, so please register early at For more information, contact Debbie Ng at

MOT Lecture Series Showcases iPod Inventor, Venture Capitalists

Venture capitalists and the creator of the iPod are among the speakers coming to campus as part of the spring 2008 Management of Technology (MOT) Lecture Series.

In addition to iPod creator Tony Fadell's April 30 talk on "Innovation at Apple," a number of venture capitalists from such firms as Kleiner Perkins Caufield & Byers and Sequoia Capital will visit campus for the lecture series. The series also will feature executives from Chevron and Flextronics.

"We're really pleased to share the perspective of these inventors, investors, and leaders of innovation," says MOT Executive Director Andrew Isaacs. "Each one brings insight on identifying opportunities that lead to game-changing results."

The lecture series is free to the University of California community.

Here is the complete schedule for the lectures, which begin at 4:00 p.m. on Wednesdays in April and May in the Wells Fargo Room:

Randy Komisar
Kleiner Perkins Caufield & Byers

Silicon Valley's New Investment Environment
April 2

Don Paul

Building a Clean Energy Future
April 16

Michael Marks

Global Investing
April 23

Tony Fadell

Innovation at Apple
April 30

Mark Kvamme
Sequoia Capital

New Opportunities in Technology
May 7

The Management of Technology Program at UC Berkeley is a graduate research, teaching, and certificate program managed jointly by the Haas School of Business, the College of Engineering, and the School of Information. For more information on the lecture series or MOT program, contact or 510-643-1398 or visit

Seventy-Three Percent of Haas Faculty Earn "Club 6" Honors

Jay Stowsky, senior assistant dean for instruction, has announced that 73% of the Haas School faculty made the Fall 2007 "Club 6" list, a measure of teaching excellence as rated by Haas students.

To become a member, instructors must score a median student evaluation rating of at least 6 on a scale of 1 to 7. Faculty must also have a response rate of at least 50 percent for returned student evaluations to be eligible. Thirty of the "Club 6" members -- or about 25% of fall 2007 instructors -- had medians of 7 in one or more courses.

"We're especially proud that fully 25% of our instructors received the highest possible teaching ratings from students across all of our degree programs," says Stowsky. "This is concrete evidence of the importance we place on teaching quality at Haas and of the dedication of our faculty to maintaining a high standard in the classroom."

Of the 88 instructors earning club membership, five appear in "Club 6" at least three times, deserving special mention for top marks in multiple courses and degree programs:

  • Vic Stanton earned membership in "Club 6" in three Undergraduate courses.
  • Peter Wilton landed in "Club 6" in three Evening & Weekend MBA courses.
  • Catherine Wolfram earned "Club 6" membership in three courses in the Evening & Weekend MBA and Ph.D.┬áprograms.
  • Christopher Hennessy gained entry into "Club 6" in two courses in the Full-time MBA, Evening & Weekend MBA, and Ph.D. programs.
  • Nancy Wallace secured membership in "Club 6" in two courses in the Full-time MBA, Evening & Weekend MBA, and Ph.D. programs.

Asset Pricing Theory Pioneer to Give MFE Commencement Address, March 14

Stephen A. Ross, an MIT professor whose asset pricing models are widely used in securities trading firms, will give the commencement address to the 2008 Master's in Financial Engineering class on Friday, March 14, at 10 a.m. in the Arthur Andersen Auditorium.

Ross is the Franco Modigliani Professor of Financial Economics at the Massachusetts Institute of Technology and chairman of Compensation Valuation Inc., a firm that specializes in employee stock option valuation. He invented the arbitrage pricing theory and theory of agency and co-discovered risk-neutral pricing and the binomial model for pricing derivatives.

Ross has been a consultant to investment banks, corporations, the US Treasury, the Commerce Department, and other government departments. He co-founded the Roll and Ross Asset Management Corporation, an equity money management firm.

Ross has authored more than 100 articles and co-authored the textbook Corporate Finance. He has received numerous awards for his writing and research. He received a BS in physics with honors from the California Institute of Technology and a Ph.D. in economics from Harvard University. He previously held professorships at Yale University and the Wharton School of the University of Pennsylvania.

Commencement is an invitation-only event. For more information, contact or visit

California Management Review Highlights Social Responsibility, Reprints Classics

The new winter 2008 issue of California Management Review features two articles addressing business ethics and corporate responsibility, as well as an article exploring intellectual property licensing strategies. The issue also reprints three of the most influential articles in CMR from the last 20 years.

CMR, the Haas School's peer-reviewed, practitioner-oriented journal, is edited by David Vogel, the Solomon P. Lee Distinguished Professor of Business Ethics.

The first article in CMR discusses the ways that firms use licensing to capture value from intellectual property. The second piece analyzes corporate cultures that encourage ethical conduct -- instead of relying on surveillance. The third piece examines three innovative ways for the world's poorest citizens to buy and sell goods and services.

Complimentary copies of CMR are available for Haas School students in the program offices and lounges. Student and alumni subscriptions are available for $40, or $60 for international mailing. To subscribe, e-mail Alumni may request a complimentary copy of a previous issue.

BusinessWeek Announces Undergraduate Rankings

The Haas School's undergraduate program ranked #11 in a survey of business undergraduate programs published by BusinessWeek on Thursday, February 28. Haas previously ranked #3 in 2007, and #12 in 2006.

The Haas program earned an A for teaching quality, an A+ for facilities and service, and an A+ for job placement. It ranked #6, compared to #4 last year, as an MBA feeder school, which measures how many graduates go on to enroll in BusinessWeek's top 35 MBA programs. BusinessWeek commented about Haas that "high-quality faculty, students, and recruiting give Haas the edge, but rugged grading curve irks some."

The results and special reports are available at:

The ranking is based on student responses (30%) and recruiter responses (20%). Also, 10% is based on which schools make the best MBA feeder schools and another 10% on starting salaries. The final 30% is based on academic quality data provided by the schools.

Google Director of International Engineering Operations to Speak March 3

Kannan Pashupathy, Google's director of international engineering operations, will talk on "Building a Global Enterprise to Organize the World's Information" today, March 3, at 6:00 p.m. in the Arthur Andersen Auditorium.

The event is sponsored by the Clausen Center for International Business & Policy.

Pashupathy is responsible for the operation of Google's international engineering centers and for helping the giant search engine company expand its engineering presence internationally. Pashupathy, a 20-year high-tech veteran, previously worked at Hewlett-Packard and Agilent Technologies in a variety of technical and management positions leading organizations in the US, Asia, and Europe.

This event is for the Haas community only. For more information, visit

Staff News

Victoria Fowler Joins Lester Center as Administrative Assistant

The Lester Center for Entrepreneurship & Innovation welcomed Victoria Fowler February 12 as its new administrative assistant. Fowler will provide front desk reception in addition to program and administrative support at the center.

Fowler graduated from UC Berkeley with a degree in psychology and most recently worked at the University Students' Cooperative Association as an executive assistant. Fowler's outside interests include karaoke, cooking, and painting.

Phone: (510) 642-4255
Office: F450

Haas Computing Services Hires Usha Manandhar as Systems Administrator

The Haas Computing Services Systems Group welcomed Usha Manandhar February 20 as a systems administrator. Manandhar has over ten years of information systems, desktop support, and systems administration experience. She holds a master's of science from Tribuhvan University, Kathmandu, Nepal, and has completed numerous specialized information systems training courses.

Manandhar previously worked on campus at UC Printing Services and most recently at Information Services and Technology. Outside of work, she enjoys camping, sightseeing, and hiking.

Phone: (510) 642-5285
Office: S300M

Haas in the News - As of 3/3/08

Marketing Professor Priya Raghubir was quoted in a February 29 Reuters article titled "Retailers hungry for a piece of rebate pie." Full article:

James Wilcox, a professor in the Haas Finance Group and Haas Economic Analysis and Policy Group, was interviewed about the economy and stagflation on ABC 7 News February 27. Listen:

Raghubir was interviewed about Starbucks for a February 26 segment on ABC 7 News.

Severin Borenstein, a professor in the Haas Economic Analysis and Policy Group, was quoted or mentioned in several articles about his working paper "The Market Value and Cost of Solar Photovoltaic Electricity Product." The articles include:
+ San Francisco Chronicle, February 28,
+ Alternative Energy Retailer, February 22, "Professor Dubs PV Technology a 'Loser,'"
+ Daily Cal, February 22,

Hayne Leland, a professor in the Haas Finance Group, commented February 26 on National Public Radio on why the markets rallied after Standard and Poor's affirmed triple-A ratings two bond insurers. Listen:

Teck Hua-Ho, a marketing professor and director of the Berkeley Asia Business Center, and Dean Tom Campbell were featured in several media outlets that covered the launch of the new Berkeley Asia Business Center, including:
+ Daily Cal, February 26,
+ Financial Times, February 25,
+ MSN Money, February 20,
+ CityU NewsCentre, February 20,
+ China Post, February 19,
+ China Post, February 18,
+ World Journal, Sing Tao Daily, Ming Pao Daily, International Daily News, Business Times, China News, CNA, Economic Daily News, Hong Kong Economic Times, Lihpao, Sing Tao, Takungpao,, Wen Wei Pao,, Zaobao

Raghubir was quoted about engaging consumers with companies in a February 25 New York Times article titled, "On the Internet, Everyone Can Hear You Complain." Full article:

Cynthia Kroll, a senior regional economist at the Fisher Center for Real Estate and Urban Economics, was quoted about Vallejo and other Bay Area cities' near-bankruptcies in a February 24 San Francisco Chronicle article titled "Vallejo, Others Face Cash Crunch. Full article:

Scott Galloway, MBA 92, founder and CEO of Prophet Brand Strategy and founder and chairman of RedEnvelope, was profiled in the Washington Post on February 22. Full article:

Homa Bahrami, senior lecturer in the Organizational Behavior and Industrial Relations Group, was quoted about the growing intangibility of work and its relation to individual productivity in a February 19 Wall Street Journal article titled, "A Modern Conundrum: When Work's Invisible, So Are Its Satisfactions." Full article:

The Haas School-based Education Leadership Case Competition, in which teams from 12 business schools nationwide proposed ways to rebuild New Orleans public schools, was featured in a February 19 segment on ABC 7 News and in an article titled "Students Help Rebuild New Orleans Schools." Full article:

Henry Chesbrough, executive director of the Center for Open Innovation, was quoted about companies unnecessarily rounding up their prices in a February 17 Los Angeles Times article titled, "Firms Round Up; We Pay the Price." Full article:,0,4278616.column

Happening at Haas

Clausen Center Speaker
Kannan Pashupathy, Director, International Engineering Operations, Google

Building a Global Enterprise to Organize the World's Information
Monday, March 3
6:00 p.m. to 7:30 p.m.
Arthur Anderson Auditorium

Fiscal Wake-Up Tour
The Economy and the Federal Budget
With moderator Dean Tom Campbell and panelists David Walker, US comptroller general; Alison Acosta Fraser, director of the Heritage Foundation's Thomas A. Roe Institute for Economic Policy Studies; Alice Rivlin, a senior fellow at the Brookings Institution and former director of the Congressional Budget Office; and Robert Bixby, executive director of the financially conservative Concord Coalition
Wednesday, March 5
7:00 p.m.
Arthur Andersen Auditorium
For information, visit

Dean's Speaker
Henry Paulson, US Secretary of the Treasury
Thursday, March 6
3:30 p.m.
Arthur Andersen Auditorium
Event sold out. For those who registered, doors will open at 3:00 p.m. and close at 3:20 p.m. sharp.

2008 UC Berkeley Energy Symposium
Leadership at the Nexus of Science, Policy & Business

Berkeley Energy and Resources Collaborative
Friday, March 7
8:00 a.m. to 6:00 p.m.
Martin Luther King Jr. Student Union

Asia Business Conference
Global Ambition, Regional Transformation
Saturday, March 15
8:00 a.m. to 6:00 p.m.
Arthur Andersen Auditorium

Dean's Speaker
Clausen Center Speaker Series
Glen S. Fukushima, President, Airbus Japan

Monday, March 21
Noon to 1:00 p.m.
Arthur Anderson Auditorium


For more information, contact Deborah Houy at

Cecilia Ridgeway, Stanford University
Wednesday, March 5
4:00 p.m. to 5.30 p.m.
C320 Cheit Hall

Aiwa Shirako, Gavin Kilduff, Haas Ph.D. Student Presentations
Wednesday, March 12
4:00 p.m. to 5.30 p.m.
C320 Cheit Hall

Melanie Wallendorf, University of Arizona
Thursday, March 6
4:00 p.m. to 5:30 p.m.
C250 Cheit Hall

Jeff Inman, University of Pittsburg
Thursday. March 13
4:00 p.m. to 5:30 p.m.
C250 Cheit Hall

For more information, visit

The Oliver E. Williamson Seminar on Institutional Analysis
Ben Hermalin, Thomas & Alison Schneider Distinguished Professorship in Finance Haas Economic Analysis and Policy Group
Firm Value and Corporate Governance: Does the Former Determine the Latter?
Thursday, March 6
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall

Glenn Ellison, MIT Economics
Position Auctions with Consumer Search
Thursday, March 13
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall

Entrepreneurial Best Practices Series
Financial Modeling and Management
Monday, March 3
6:30 p.m. to 8:30 p.m.
C230 Cheit Hall
For more information:


Media Group Supper Club for Alumni in Digital Marketing, Entertainment & Technology
Tuesday, March 4
6:30 p.m. to 9:30 p.m.
Morrell Wine Bar and Café, 1 Rockefeller Plaza at 49th Street, New York City
Cost: $45 per person (limited to 16 participants)
Registration:, choose "Intro to Wines"
Contact: Daniel Fitzhugh, BCMBA 07, 347-231-6835,

The Hybrid Executive: Career Development Event
Wednesday March 5
6:00 p.m. to 8:30 p.m.
Orinda Community Center, Garden Room, 26 Orinda Way, Orinda, CA
Cost: $30

Spring Fever Mixer
Thursday, March 6
6:00 p.m. to 8:00 p.m.
WildFox Restaurant, 226 Alameda Del Prado, Novato, CA
Cost: $25

Second Annual Haas Chili Cook-off
Friday, March 7
5:00 p.m. to 8:00 p.m.
Haas courtyard
Cost: Free. Donations to Haas for Students will happily be accepted.)
Registration: Meg Roundy,

Seven Parameters to Manage Your Career
Friday, March 7
5:30 p.m. to 8:30 p.m.
Location: TBA
Cost: £20
Registration: Cat McGibney at or 020 7000 7264

Career Planning and Job Hunting Workshop
Saturday, March 8
8:30 a.m. to 5:00 p.m.
Location: TBA
Cost: £145
Registration: Cat McGibney at or call 020 7000 7264

Annual Wine Tasting Dinner
Monday, March 10
6:30 p.m. to 9:00 p.m.
Prego (formerly Café Bizou Garden), 2450 Colorado Avenue, Santa Monica CA
Cost: $70 per person through March 8, $75 thereafter or at the door, space permitting

Discover Cal Speaker Series
Mortgages: How did the Subprime Problem become Everybody's Problem?
John Quigley, Haas School's Donald Terner Distinguished Professor of Economics
Cynthia Kroll, Senior Regional Economist, Fisher Center for Real Estate and Urban Economics
Tuesday, March 11
5:30 p.m. to 8:00 p.m.
Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, CA
Cost: $20.00

Innovative Learning & Leading: A Conversation with Paul Merage
Tuesday, March 11
5:30 p.m. to 8:30 p.m.
University Club, UC Irvine, 801 East Peltason Drive, Irvine, CA
Cost: $25 per person

"The Business of Green Communities" Panel Discussion at Gap Inc.
Wednesday, March 19
6:00 p.m. to 8:30 p.m.
Gap Inc. Corporate Headquarters, Two Folsom Street, San Francisco

Haas Alumni Reunion Conference
"Clean Tech Innovation"
Saturday, April 26
9:00 a.m. to 3:00 p.m.
Haas School of Business
For more information:

15th Annual Business Forecast Luncheon
Wednesday, May 13
11:30 a.m. to 1:30 p.m.
Registration details to come soon. For questions, contact or (510) 642-7790.

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