Faculty Profile: Yvonne Hinson

Dr. Yvonne Hinson, a PricewaterhouseCoopers Faculty Fellow and Associate Professor, is an expert on tax policy and fair value accounting. Hinson has a large collection of published works, including articles in the Journal of Small Business Management, Journal of Managerial Issues and Tax Notes. Hinson grew up in Charlotte, where her father was also an accounting professor.

She worked and recruited for Arthur Anderson before returning to school for her Ph.D. Hinson earned her bachelor’s degree in accounting and her MBA from the University of North Carolina at Charlotte. She earned her Ph.D. from the University of Tennessee before joining Wake Forest University in 1997.

“I am thrilled to be a part of such an outstanding educational institution and well-known accountancy and business programs,” she says. “I feel that I must constantly challenge myself to make sure I hold up to the high standards set by WFU. I was always impressed with my professors who had worked in public accounting or industry. I feel that my time in public accounting shaped my teaching style quite a bit. I am very much a big believer in experiential learning because I feel you learn best by doing.”

Hinson is proud of the way she has incorporated experiential learning into several of her courses over the years including tax and business valuation. “I also have been able to weave research into classes as well to give the graduate students a better understanding of the research side of our careers and the value of considering an academic career path at some point,” says Hinson, whose husband, Chuck Bamford, is a professor and Endowed Chair in Entrepreneurial Studies at Queens University of Charlotte. He also teaches for Notre Dame in their Executive MBA programs.

Hinson directs the undergraduate and graduate accountancy programs in the Schools of Business. Graduates in that program have consistently had the highest first-time passing rates in the nation on the Certified Public Accountant (CPA) exam. Since the school began offering a master’s degree in accounting in 1997, its graduates have achieved the top national pass rate ranking multiple times. “Our emphasis on small class sizes, personal instruction and professional internships prepares our graduates to excel in their careers, from the CPA exam to the real-world situations they will face beyond,” she says.

Faculty Profile: Charu Raheja

Charu Raheja, who joined the faculty at the Wake Forest University Schools of Business in 2007, teaches courses in corporate finance, financial management and corporate and asset evaluation. Her research has examined how the size and composition of corporate boards affects board monitoring and CEO succession planning. She has also conducted research into the changes in the board structure as a firm moves in its life cycle and when firms underperform. She also studies organizational structure, management promotions, and founder firms.

Raheja earned her doctorate for New York University and taught at Vanderbilt University before coming to Wake Forest. In September 2008, she teamed with Professor Bruce Resnick to answer a series of questions to help explain to the Wake Forest community why the credit crunch was driving the proposed $700 billion financial services bailout plan.

To the question: Is (the bailout) really necessary, they said: “Some economists do not believe anything needs to be done. They believe that the operation of markets got us into this mess and their natural operation will correct the problems. Perhaps they are correct. Personally, we favor some form of a bailout plan. A plan that allows the banks to clean up their balance sheets and restores the incentive to lend is necessary. However, one concern is that these bailed out banks will just find new ways to get themselves into trouble.”

Her work has also examined how the size and composition of corporate boards affects board monitoring and CEO succession planning, as well as changes in the board structure as a firm moves in its life cycle and when firms under-perform. She has also studied underperforming firms and the changes in corporate governance following underperformance. Her current work focuses on the CEO influence on directors, the role of founders in corporations, and CEO succession planning.

Her paper, "The Interaction of Insiders and Outsiders in Monitoring: A Theory of Corporate Boards," was the recipient of the 2005 William F. Sharpe Award for Scholarship in Financial Research, best paper award in the Journal of Financial and Quantitative Analysis. In the past year, she has presented her work at the Western Finance Association meeting, The University of Iowa, Claremont McKenna College, The Federal Bank of Boston, and Michigan State University, among others. She also discussed mutual fund corporate governance in a conference organized by the Investment Company Institute.

Education:

Ph D, New York University (Doctor of Philosophy) - 2002

BS, University of Florida (Finance) - 1994

Sources: Wake Forest University Schools of Business Faculty Profile and www.charuraheja.com.

Faculty Profile: Derrick Boone

Dr. Derrick Boone, Associate Professor of Marketing, is a member of the American Marketing Association, the Association for Consumer Research, the Society for Consumer Psychology, and the National Black MBA Association. Prior to his academic career, Dr. Boone worked in sales and marketing for Merck Pharmaceutical Company, and served in the United States Navy where he holds the rank of Captain (Ret.).

Boone's expertise includes multivariate statistical analysis, analytical modeling, consumer behavior, and behavioral decision theory. His teaching interests include Marketing Research, Quantitative Analysis, Marketing Management and New Product Development

Boone earned his PhD at Duke University (Marketing) in 1997 and his MBA at Fairleigh Dickinson University (Management) in 1989. He is also active in the community, including a recent experience working with students at Hill Magnet Arts Middle School.

Faculty Profile: Dean Steve Reinemund

We thought this week would be a great time to highlight some of the faculty at the Wake Forest University Schools of Business, starting our series with Dean Steve Reinemund. The university has several great profiles on its website, and we wanted to share some of those with our readers.

Steve Reinemund is the Dean of Business at Wake Forest University, where he also serves as a professor of leadership and strategy. He joined the university on July 1, 2008.

Dean Reinemund, a 23-year veteran of PepsiCo Inc., retired as that company’s CEO in October 2006 and as its chairman seven months later. While CEO, from 2001 to 2006, PepsiCo's revenues increased by more than $9 billion, net income rose 70%, earnings per share increased by 80%, the annual dividend doubled and market capitalization surpassed $100 billion. His legacy at PepsiCo went beyond financial measurements, with a legacy that includes a commitment to health and wellness, diversity and inclusion, and values-based leadership.

Dean Reinemund is a director at American Express Co., Exxon Mobil Corp., Marriott International Inc., and Wal-Mart Stores Inc., adding the last post earlier this year. he is also a trustee on the United States Naval Academy Foundation. From 2005 to 2007, he was chairman of the National Minority Supplier Development Council and he chaired the National Advisory Board of the Salvation Army from 1996 to 1999. His past service also included chairing the Corporate Board of Advisors for The National Council of La Raza from 1992 to 1996.

Education:
MBA, University of Virginia - 1978
BS, United States Naval Academy – 1970

Awards and Honors:
2007 - Honorary doctorate degree, Bryant University
1992 - Honorary doctorate degree, Johnson and Wales University

View an introduction letter from Dean Reinemund here.

Name: Derrick Boone
Title: Associate Professor of Marketing

Dr. Boone is a member of the American Marketing Association, the Association for Consumer Research, the Society for Consumer Psychology, and the National Black MBA Association. Prior to his academic career, Dr. Boone worked in sales and marketing for Merck Pharmaceutical Company, and served in the United States Navy where he holds the rank of Captain (Ret.). Boone's expertise includes multivariate statistical analysis, analytical modeling, consumer behavior, and behavioral decision theory. His teaching interests include Marketing Research, Quantitative Analysis, Marketing Management and New Product Development

Boone earned his PhD at Duke Univeristy in Marketing in 1997 and his MBA at Fairleigh Dickinson University in Management in 1989.

Dean Reinemund Featured on Bloomberg

Originally Posted on Tuesday, June 15, 2010 | Reposted from Bloomberg

Steve Reinemund, former chairman and CEO at PepsiCo Inc. and current dean of the Wake Forest University Schools of Business; John Hofmeister, former president of Royal Dutch Shell Plc’s US operations, and Mayo Shattuck, president and CEO of Constellation Energy Group, talk with Bloomberg's Janet Guyon about the BP Plc oil spill in the Gulf of Mexico. Hofmeister said fault for the oil spill, the worst in US history, is likely to have stemmed from “bad judgments,” and BP must ask if the issues are systemic. They speak at the Bloomberg Link Boards & Risk Briefing in Washington.

Click here to see the video footage.

Active Recruiting: Wake Reaches Out to Local Prospects

Kevin Bender has a busy summer planned.

Bender, an associate director of graduate admissions at the Wake Forest University Schools of Business, expects to be a highly visible representative in coming weeks, hosting a series of meet-and-greets for various MBA programs. Wake Forest has no less than six such events planned between now and mid-July and Bender is on the schedule for at least half.

Events are scheduled in several key markets for the university’s Evening MBA program, specifically Charlotte, Greensboro and Winston-Salem. Depending on an interested party’s schedule, they can take part in a morning coffee or opt for an after hours drink at a local establishment. Admissions information, curriculum and student life are all expected to be discussed.

Here is a list of the planned dates and locations for summer recruiting events (venue information linked below):

• “Student for an Evening” open house, Wednesday, June 16, 6-8 pm, Worrell Professional Center, Winston-Salem campus;
• “Lunch and Learn” for part-time MBA prospects, Tuesday, June 22, 11:30 am -1 pm, Foundation for the Carolinas, Grigg Board Room, Charlotte (lunch provided);
• Table at Tate’s, Meet and Greet at Tate’s Bar, Wednesday, June 23, 5:30-7 pm, 279 West 4th Street, Winston-Salem;
• Coffee at Cafe Carolina, June 30, 7-8:30 am, Friendly Center, Greensboro;
• Coffee at Krankies, July 8, 7-8:30 am, 211 East 3rd Street, Winston-Salem;
• Coffee at Cafe Carolina, July 14, 7-8:30 am, Friendly Center, Greensboro