Month: October 2023

New York For McCombs and Wall Street For McCombs Celebrate 10 Years

 

More than 100 alumni and students celebrated the New York for McCombs Council’s Tenth Anniversary on Monday, October 16. New York for McCombs (NYFM) is an alumni advisory council, launched in 2013 in response to the need to enhance connections for McCombs talent, both current and future.

Founding members like George Ackert, BBA ’91, who is senior managing director of strategic advisory at Evercore Partners, enjoyed marking the milestone while still making plans for even more in the future.

“Every day we pass a new milestone with more and more UT students being able to get one, two, five and ten offers from Wall Street firms,” he said. “I can’t think of a school with better placement for a business student aspiring to be an investment banker.”

Council members are accomplished leaders in their communities and industries who help shape the overall student and alumni experience in New York. The Council’s mission is to help raise the McCombs School of Business’ profile in New York and to support the Wall Street for McCombs (WSFM) investment banking training program. Alexandra Burban, BBA ’00, head of corporate development at Standard Industries, and current chair, is excited to see how much the Council has been able to grow and benefit McCombs graduates entering the workforce.

“The fact that we’ve been able to create a pipeline that’s ever-growing of students who are incredibly deserving and accomplished, and, in particular, deserve these opportunities has been an amazing achievement in and of itself,” she said.

The NYFM Council’s fall meeting was preceded by an alumni and student reception at the Penn Club of New York, co-hosted with the Texas Real Estate Center. Wall Street for McCombs and Texas Real Estate students were in Manhattan for their annual company treks and enjoyed visiting with Texas alumni about their experiences living and working in New York.

Listen to this month’s bonus episode of the McCombs Made podcast to hear from Paul Aaron, BBA ’95, and former McCombs dean Tom Gilligan, founding members of New York for McCombs, on what the last 10 years have taught them and what they hope to see in the future.

 

 

Continuing a Legacy: Matthew Parson, MBA ’20

A Black man smiles for the camera

Matthew Parson, MBA ’20

When Matthew Parson, MBA ’20, began pursuing his master’s degree, it was more than just a way to improve his career prospects. It was an opportunity to carry on a family legacy.

“Both my father and uncle earned their MBAs from McCombs,” he said. “So, it holds a special place in our family tradition.”

Matthew moved to Austin from Dallas Texas, for work with government relations within the Texas A&M University System, but quickly applied  – and was accepted – to the McCombs Texas Evening MBA program, which he says was an ideal fit for his career ambitions. Being part of the TEMBA program also provided ample opportunities for Matthew to hone his leadership and entrepreneurial skills as president of the Consulting Club and as part of Jon Brumley Texas Venture Labs.

“The Venture Labs shaped many of my future plans,” he said. “It gave me exposure to the possibilities of entrepreneurship.”

The Evening MBA program is one of five pathways for working professionals to advance their education and their careers. Additional programs include Weekend MBA at Houston and MBA at Dallas/Ft. Worth, Full-time MBA, and Executive MBA. The programs combine classroom education with real-world business practice scenarios.

After spending the first half of his career in the public sector, Matthew found his time at McCombs shored up his passion for higher education. Today, he is the Assistant Commissioner for Workforce Innovation at the Texas Higher Education Coordinating Board.

“I’m continuing to channel my expertise and dedication into shaping the future of higher education in our great state,” he said. “My journey has been marked by a commitment to public service, and a deep passion for advancing educational opportunities for all Texans.”

Recently, Matthew joined the McCombs MBA Advisory Board, where he is passionately giving back to the school he says “has given me so much.” When asked why it’s important for him to invest his time as part of the McCombs volunteer leadership, he says it’s just how he’s built.

“Community is at the center of purpose for me,” he said. “It’s important to provide a place where individuals can find respite, support, and the occasional glass of wine, a way to connect with others in a casual environment.”

Preshit Gawade, PhD, MBA ’19, Nominated for Platts Global Energy Award Rising Star Award

The Global Energy Awards indicate the direction in which the industry is headed. It is foretelling, not of what blogs, media and speculators say, but rather where the industry is putting their resources, their hope, their wagers and ultimately, their money. READ MORE

Class Note: Burt Y. Chao, BBA ’05 & BA ’06

Burt Y. Chao, BBA ’05 & BA ’06, has been appointed as the new Chief Financial Officer at Pushpay, a leading provider of payments and engagement solutions for mission-driven organizations. With his extensive financial and operational leadership experience, Burt is set to play a pivotal role in strengthening Pushpay’s balance sheet and accelerating business growth.

Read more here.

Class Note: Jeena Lee, BBA ’08

Jeena Lee, BBA ’08, has been recently recognized as one of the “Tri-Valley 20 Under 40ish” honorees by the Innovation Tri-Valley Leadership Group and the San Francisco Business Times. This recognition celebrates emerging leaders like Jeena who are contributing to the Tri-Valley region’s vision of becoming an innovation hub. Jeena, a Product Manager at Chevron, joins a diverse group of honorees from various industries. Congratulations to Jeena on this well-deserved recognition.

Read more here.

Ed and Connie Easley: Investing In the Place they Love

A blonde woman smiles at the camera.

Connie and Ed Easley continue to love and give back to UT.

It would be an understatement to say that the Easley family are Longhorn fans. Despite being the lone Red Raider in their family of four, Connie admits they all “bleed burnt orange.” Their love for the University is what pulled Ed and Connie back to Austin after Ed’s retirement as President of Lennar Multifamily Development and Construction Operations. Their commitment to all things burnt orange is only matched by their desire to give back and make an impact on campus.

The couple have continued to support UT for 20A man smiles at the camera. years, most recently establishing the John “Ed” and Connie J. Easley Forty Acres Founders Endowed Excellence Fund. The Fund will provide support for students participating in the Founders Program within the Herb Kelleher Entrepreneurship Center, where Ed was invited to speak to students during this year’s summer session.

“Making this kind of gift was not something I thought about as a student,” said Ed. “But we are very fortunate to be able to give back, and it makes me proud to be able to leave that kind of legacy.”

Ed’s heart has always been in Austin, he admits, even after nearly five decades of traveling coast-to-coast for his job in real estate development. He said that during his nationwide travels, he never felt at home like he does here in Austin. That’s why, shortly before retiring, he and Connie decided to move permanently back to Austin, home of “the most amazing college in Texas,” as Connie said.

“I never really wanted to leave in the first place,” he admits. “But back in 1973, you had to go where the work was. There were not the vast number of job opportunities in Austin that there are now.”

After graduation Ed moved to Lake Tahoe to begin his career, which would include stints at several companies as well as owning his own real estate development business and a couple of restaurants. He survived five recessions and one early retirement before returning to the real estate industry to close out his career at Lennar.

“Lennar was a great way for me to end my career,” he said. “I was able to manage 12 fully integrated divisions from coast-to-coast.”

Looking back, he said he can credit UT and McCombs for helping him prepare for all of the transitions and many of the challenges that were part of his impressive journey.

“The entire experience [of attending UT] was challenging in a good way,” he said. “I felt right at home in the business school and being there taught me a lot. I loved it.”

Connie, a Texas Tech University grad, pursued a career as a teacher in inner-city schools, something she felt was akin to a calling. The daughter of a Baptist minister, Connie says she always felt the need to take care of children.

“My mom always had a spirit of taking care of kids in need,” she said. “So, I always felt drawn to the students who didn’t necessarily have ideal upbringings.”

That spirit of caring for others permeates the couple’s philanthropy philosophy, always seeking out areas with need and doing their best to fill it. Aside from their UT contributions, the Easleys have supported two girls’ orphanages in Peru, and Connie makes quilts for foster care children.

“We‘re lucky people,” said Connie. “We know that, and we want to give back where we can.”

Ed adds, “It’s important to look back and appreciate where you’ve been. It’s truly an honor to give back.”

Reflecting on his own UT experience, Ed thinks carefully about what he would tell the students embarking on their own Longhorn journeys. It comes down to this: “Embrace the UT experience. You don’t realize it now, but this is a defining moment in your life, so make the most of it.”

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