Month: November 2022 (page 1 of 3)

A Legacy You Can Touch: The Bates Family Giving Story

Woman sits in front of fountain

Janet Bates sits in front of the Bates Family Fountain in the AT&T Conference Center courtyard, which was erected to memorialize her late husband, Garth.

It all started with a little wooden box. Janet (BS Education ’71) and Garth Bates (BBA ’71) fell in love with The University of Texas at Austin, and each other, as students from 1967-71 during the height of the Vietnam War. Despite on-campus protests and political division, the high school sweethearts excelled in their studies, she as an elementary education major and he as a business major at the McCombs School of Business. Years later, as they raised their young family, the couple made their first contribution of $250 and became among the first members of the Chancellor’s Council.

“As a thank you for our contributions, McCombs sent a little wooden box with numbers for each year of giving,” Janet said. “[Garth] just loved that thing. It was something he could touch.”

That was the beginning of the couple’s philanthropic efforts to support McCombs Business School and The University. So, when the family lost Garth suddenly in a plane crash, one of Janet’s first decisions was to honor his memory with a scholarship to Texas McCombs.

“It was shortly after we lost Garth when the idea of making a gift to McCombs was suggested to me,” she said. “That’s how the scholarship began.”

The Garth C. Bates Memorial Presidential Scholarship in Business was born. Its ongoing legacy has provided a pathway for McCombs students to pursue their degree. For the Bates’ children, Ross, Trip and Elisabeth, it is the most fitting way to remember their father, someone they describe as always giving to others.

“The scholarship is very important to us as a family,” said Ross Bates, youngest son of Janet and Garth. “I’m so glad my mom is doing it. She makes sure we are included in all of these decisions, so she makes sure we remember why it is so important.”

Eldest son, Trip, agrees, noting how touching it is to read letters from scholarship recipients.

“Mom will forward them to us to read,” he said. “It’s great to know it’s doing something special in people’s lives.”

Plaque

A plaque marks The Bates Family Fountain as a memorial to Garth.

Another significant contribution to campus has been the Bates Memorial Fountain in the courtyard at the AT&T Center next to Rowling Hall. Before breaking ground on the facility, The University invited groups on hardhat tours, pointing out planned facility highlights. On the hunt for a way to contribute, Janet proposed a fountain for the center of the outdoor space to serve as a memorial to her late husband.

“I was looking for a place that every time the family came to Austin we had a place to meet,” she said. “I wanted something I could touch.”

Today, the fountain is the site of photo shoots, the centerpiece for outdoor events, and, yes, a gathering place for families, including the Bateses.

“Yes, it’s in memory of Dad, but it isn’t sad. It’s peaceful,” Ross said. “The fountain can cause people to pause and reflect. That’s the great thing about it. It’s not ours. It’s everyone’s. That’s the whole point.”

Trip’s daughter, Kaitlyn, now a University of Texas student studying at McCombs, has even brought friends by to see the fountain erected in her grandfather’s memory.

“She was about 5 years old when the fountain was built, so it’s great to see her now able to share it with people,” Trip said.

As multiple generations now enjoy a University of Texas legacy, philanthropy has never been more important to the Bates family. Whether supporting scholarships, contributing to new building efforts, or providing other funding investments, all agree there’s never been a more important time to give in any way possible.

“We have always been a philanthropic family,” said Trip. “And we will continue to give to places that were special to Dad. UT has always been near and dear to our hearts, even more so now that we have new generations enjoying all it has to give.”

Ross, who volunteers to speak to University student groups, agreed with that sentiment, adding that the gift of time is also important to McCombs and The University.

“One of the things I did, and want to continue to do, is give time,” he said. “I’ve been able to talk to these student groups, and it reminds you of what it was like to be back there. It’s mutually beneficial and rewarding.”

For Janet, seeing her family become more involved in giving efforts to McCombs and The University, stokes her desire to continue doing more for the place that inspired her love of teaching, travel, and history. Of her many memories on campus – accompanying Garth to the mainframe in the basement of the Business Economics Building, cooking for friends in her on-campus apartment, discovering a love of travel through her geography class, the Daryl K. Royal winning streak years – what she cherishes most is the place itself.

“This university has given me way more than I have given it,” she said.

When given the chance, Janet encourages others to think of how they can honor their loved ones with memorial donations, scholarships, or other meaningful contributions.

“I tell people who are thinking of making a donation to McCombs or The University, see if there is something they have a passion about,” she said. “I encourage them to talk with the development team, and I’ll bet they can find something that will be meaningful. You just have to ask.”

Janet still has the wooden box that meant so much to Garth. It stands as a testament to what a simple gesture of thanks can inspire – generational giving that touches many lives.

“We have never stopped giving to the Chancellor’s Council,” Janet, who now serves on the Council, said. “The number one reason we are continuing to give is [Garth] had something he could touch. All of our giving started with that little box.”

McCombs Celebrates the John Goff Real Estate Investment Fund and Labs

A man and woman stand in front of an orange backdrop

John Goff and Dean Lillian Mills show their best hook ’em during the naming ceremony for the John Goff Real Estate Investment Fund and Labs.

On Tuesday, November 15, 2022, McCombs School of Business dedicated the John Goff Real Estate Investment Fund and Labs in recognition of the continuing and impactful support of John Goff, BBA ’77, Chairman of Goff Capital Management, LP, and member of the Fund Advisory Board.

Texas McCombs is the only program in the country where students evaluate both public and private investment opportunities, with MBAs as associates and undergrads as analysts. Goff helped to cast the vision and carry it out to fruition.

The celebration took place in the Rowling Hall atrium on The University of Texas campus with a champagne toast reception after the annual Real Estate Investment dinner. Attendees included Cami and John Goff, members of their family, President Jay Hartzell, Dean Lillian Mills and Real Estate advisory board members, McCombs faculty, staff and students.

During his toast, President Hartzell described Goff as “the most shrewd real estate investor” he knew.

Three people stand in front of a sign

(From l to r) John Goff, President Jay Hartzell and Dean Lillian Mills stand in front of the John Goff Real Estate. Investment Fund and Labs sign at Rowling Hall during the naming ceremony.

“I love this program and what it does for our students,” Hartzell said.

As he took the podium to thank the crowd of students, staff, faculty and family in attendance, Goff said he was touched by the recognition.

“I can’t tell you how much it means to me to talk to the students and hear what a difference this program is making for you,” he said. “It’s a phenomenal program, really unique, and I couldn’t be more excited to be part of it.”

The John Goff Real Estate Investment Fund and Labs is located on the first floor of Rowling Hall.

Class Note: Irwin H. Steinhorn, BBA ’63 & LLB ’64

Irwin H. Steinhorn, BBA ’63 and LLB ’64, was named by 405 Magazine as one of the top lawyers in Oklahoma City, and was named in the latest Best Lawyers in America for his work in corporate law and securities/capital market law. Steinhorn has been named in Best Lawyers in America since 2006. Steinhorn is an attorney with Conner & Winters, LLP, and practices in its Oklahoma City office. Congratulations to Steinhorn!

Class Note: Jessica Solis Salcido, MPA ’97,

Jessica Solis Salcido, MPA ’97, is starting her second year as president of the board for Hope’s Door New Beginnings, a center offering intervention and prevention services to individuals and families affected by intimate partner and family violence, serving Plano and Garland, TX.  Jessica is also Vice President of Workplace Strategy for Trelix.

Read more about Hope’s Door at their website.

Class Note: William Klug, BBA ’62

William Klug, BBA ’62, former vice president of Roadway Services, Inc., has been reelected to the Board of Supervisors of Fiddler’s Creek community Development District II in Naples, FL for a third consecutive 4-year term. Congratulations to William!

Class Note: Dr. Jang Beom-sik, PhD Finance ’93

Dr. Jang Beom-sik, PhD Finance ’93  was  recently inaugurated as the 15th president of Soongsil University in late 2021. Prior to accepting his new position, Jang served as the university’s executive vice president of for academic affairs, as well as the dean of the graduate school of business. Congratulations to Dr. Jang!

Read more here.

Class Note: Changneng Xuan, PhD Finance 1997

Changneng Xuan, PhD Finance ’97, has recently been named Deputy Governor of the People’s Bank of China. Before accepting his new role, Changneng worked as the Deputy Director of the State Administration of Foreign Exchange. Congratulations to Changneng!

Read more here via:

 

Texas McCombs Honors 2022 Hall of Fame Inductees

A group of individuals stands in front of an orange background

President Jay Hartzell and Dean Lillian Mills stand with the 2022 Rising Star inductees (from L to R) Kelly Steckelberg (BBA ’91, MPA ’91); John D. Harkey, Jr.(BBA ’83, JD ’86); W. Benjamin Moreland (BBA ’84); Andrew Phong Vo (BBA ’95); and Advisory Council Chair John C. Goff.

 

On November 10, 2022, notable alumni, friends, and Texas McCombs staff convened at the AT&T Conference Center for the annual McCombs School of Business Hall of Fame celebration to induct exemplary alumni into its ranks. This year’s Hall of Fame inductees included John D. Harkey, Jr., W. Benjamin Moreland, Kelly S. Steckelberg, and Andrew Phong Vo. McCombs Dean Lillian Mills also recognized 2022 Rising Stars Adam Blum, Nick Del’Osso, Philip Krim, and April Underwood.

McCombs School of Business established the Hall of Fame in 1983 as part of The University of Texas at Austin’s centennial celebration. This year, as McCombs celebrates its own centennial year, it’s fitting that we acknowledge the stellar achievements of those alumni who continue to change the world. The Hall of Fame honors individuals who have made outstanding professional contributions to the business community and who, by their exemplary civic, philanthropic, and educational activities have advanced humanity. The Hall of Fame award is the highest honor given by the McCombs School of Business. Recipients are chosen by a selection committee.

In addition, McCombs also recognizes young alumni with the Rising Star Award, established in 2004. This award is presented to young alumni who have experienced professional success and have shown exemplary service to the McCombs Alumni Network. These are graduates who have presented themselves as consummate professionals and dedicated businesspeople. Rising Star Award recipients are chosen by the McCombs BBA and MBA Advisory Boards and Dean Mills.

Hall of Fame inductees were showcased in video vignettes before taking to the podium to share words of appreciation. Learn more about each of their personal and professional stories by viewing the videos below.

2022 Hall of Fame Inductees

John D. Harkey, Jr.
BBA ’83, JD ‘86
Founder
JDH Investment Management, LLC

John D. Harkey Jr. has over 25 years’ experience as a private investor, chief executive, and director in both public and private companies. He has merged, acquired, operated, and/or served on the boards of directors of nine public companies in biotech, energy, technology, aerospace, telecom, and restaurants, and private companies in health care, real estate, farm and ranch products, and software development.

He is the founder of JDH Investment Management LLC, which is focused on leading innovative technologies and emerging company opportunities in biotech, gene therapy, non-opiate pain and pharma/therapeutic spaces. He is the co-founder and formerly executive chairman of the board of AveXis, Inc. (NASDAQ:AVXS), which was acquired in 2018 by Novartis. He also serves on the boards of CerSci Pharmaceuticals, Cessation Therapeutics, Dialectic Therapeutics Inc., Veterinary Service Inc., and Baylor Health Care System Foundation.

Philanthropically, Harkey serves on the board of directors of The University of Texas System Chancellor’s Council Executive Committee, the University of Texas Development Board, and is past chairman of the McCombs School of Business Advisory Council. He serves on the MD Anderson Cancer Center Board of Visitors Research, and the Innovation and Commercialization Committee. He and Peni are longtime residents of Highland Park, Texas, and have two daughters. Meredith graduated from UT in Liberal Arts Honors and earned a J.D. at the UT School of Law, and Morgan graduated from the UT Plan II Honors and completed her first year at Texas Law.

W. Benjamin Moreland
BBA ’94
Principal
Moreland Interests

Benjamin (Ben) Moreland is principal of Moreland Interests and retired CEO of Crown Castle, where he remains a member of the board. Crown Castle, a leading provider of wireless infrastructure in the U.S., owns and operates over 40,000 towers and 115,000 Small Cell facilities, supported by over 80,000 route miles of fiber in key U.S. markets. An S&P 500 Company headquartered in Houston, Crown Castle has over 4,000 employees in the U.S. and an equity market capitalization in excess of $60 billion.

Prior to his retirement, Moreland served as executive vice chairman and was president and chief executive officer from July 2008 through May 2016. He joined Crown Castle in 1999 after 15 years with Chase Manhattan Bank and predecessor banks, primarily in corporate finance and real estate investment banking. Moreland is currently chairman of the board of Clear Channel Outdoor Holdings Inc. and has served on a number of public and private boards.

He also serves on the board of Houston Methodist Hospital, where he chairs the subsidiary, Methodist Health Centers Board. In addition to serving on the Advisory Council of the McCombs School, he is a member of the Chancellor’s Council Executive Committee. He holds a BBA from The University of Texas at Austin and an MBA from the University of Houston, where he is a member of the Bauer School Board.

Man gestures at podium

 

Kelly S. Steckelberg
BBA ’91, MPA ’91
Chief Financial Officer
Zoom Video Communications

 

Kelly Steckelberg has been the CFO of Zoom Video Communications since 2017. She led the company through its successful IPO in 2019 and explosive growth in recent years. The Zoom platform brings teams together, reimagines workspaces, engages new audiences and delights customers. Previously, she held various roles at technology companies including CEO of Zoosk, and various roles in finance at Cisco, Webex, Epiphany, PeopleSoft, and KPMG. Steckelberg is a board member and Audit Committee Chair for Qualtrics. She has an MPA and BBA in Accounting from The University of Texas at Austin. She loves spending time with her family and friends and exploring new destinations in the world.

 

Andrew Phong Vo
BBA ’95
Chief Human Resources Officer
Accenture, Growth Markets

Andrew Phong Vo is chief human resources officer of Accenture Growth Markets, responsible for developing talent and leadership across Asia-Pacific, Latin America, Middle East, and South Africa. A member of Accenture’s Global Leadership Council, Vo has built a 27-year career partnering with Fortune 500 clients to drive transformational change. He previously led Accenture’s global commodities trading operations practice, North America corporate finance offering, and a portfolio of energy accounts.

Passionate about advancing academic excellence and enrichment, Vo and his wife endowed a McCombs presidential scholarship in 2014 and launched UT’s Admissions Welcome Center with the establishment of the Vo Family Auditorium in 2020. A past Outstanding Young Texas Ex award recipient, Vo serves on the McCombs School of Business Advisory Council, UT Systems Chancellor’s Council Executive Committee, UT Development Board, and Forty Acres Society.

He is the founder/senior advisor of the Texas Iron Spikes service organization, benefiting Special Olympics Texas and Texas Baseball for nearly three decades. Born in Saigon, Vietnam, Vo immigrated to the U.S. in 1975 and was raised in Sugar Land, Texas. In 1995, he earned his finance BBA from McCombs and joined Accenture’s Houston office. Vo, his wife, and their seven-year-old twins reside in Singapore.

 

Rising Star Recipients

Adam Blum
BBA ’06, MPA ’06
Managing Partner
Old Hickory Partners

 

Nick Dell’Osso
MBA ’03
President & CEO
Chesapeake Energy Corp.

 

April Underwood
BBA ’01
Co-Founder
#Angels

 

Philip Krim
BBA ’06
Founder & Managing Partner
Montauk Ventures

(Not Pictured)

 

See more pictures from the event here.

 

Class Note: Harold Herman, MBA ’87

Harold Herman accepted a position at Marriott Vacations WorldWide Corporation as Senior Vice President and Associate General Counsel. Most recently, he served as Associate General Counsel and Assistant Secretary for SeaWorld Entertainment, Inc.

Congratulations to Harold!

Class Note: Leyster Jumawan, BBA ’99

The Murphy Oil Board of Directors elected Leyster L. Jumawan to serve as Vice President, Corporate Planning and Treasurer. Beginning his Murphy career in 2013 as Senior Manager, Corporate Planning, Mr. Jumawan has held several roles in the Finance Department, including Assistant Treasurer and most recently Vice President, Corporate Planning and Finance. Congratulations to Leyster!

Read more here.

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