The Ledger

From TexasSports.com

AUSTIN, Texas — University of Texas senior Emily Anderson has been named to the 2009 ESPN The Magazine Academic All-America Women’s Soccer First Team, as selected by the College Sports Information Directors of America (CoSIDA). Anderson is the first Longhorn in program history to earn Academic All-America honors twice in a career and the second to be tabbed as a First Team honoree. The defender earned a Second Team Academic All-America nod in 2008.

The defender out of Austin, Texas, boasts a 4.00 GPA in the prestigious Accounting/MPA program in the McCombs School of Business and is no stranger to academic awards. Since starting on the Forty Acres in 2006, Anderson has picked up three First Team Academic All-Big 12 Honors, two ESPN The Magazine/CoSIDA First Team selections and an ESPN The Magazine/CoSIDA Second Team All-America honor.

On the pitch in 2009, Anderson was one of four Longhorns to start every one of UT’s 21 matches over the course of the season, and contributed one goal and one assist while helping the Longhorns hold six opponents scoreless. Over her four-year career she posted 11 goals and four assists for 26 points.

To be eligible, a student-athlete must be a varsity starter or key reserve, maintain a cumulative grade point average of 3.30 on a scale of 4.00, have reached sophomore athletic and academic standings at his/her current institution and be nominated by his/her sports information director. Since the program’s inception in 1952, CoSIDA has bestowed Academic All-America honors on more than 14,000 student-athletes in Divisions I, II, III and NAIA, covering all NCAA championship sports.

Volunteer effort assists underprivileged, allows workers to build skills

As a volunteer with Community Tax Centers earlier this year, finance junior Stratton Borchers guided one of his first customers to her seat at a tax center.

The woman was elderly and legally blind, and came to the center every year to get her taxes done.

As Borchers finished helping his client fill out her tax forms, the woman began to cry and thanked him “at least five times” for his services and told him that she would not be able to afford to pay someone to help her.

“I can’t say that I have ever felt more proud than in that moment,” Borchers said. Read more in The Daily Texan

Gary Kelly, BBA ‘77, has been elected to Lincoln National Corporation’s board of directors, effective November 4, 2009, for a term expiring in 2011.

Kelly currently serves as chairman, president and CEO of the nation’s fifth largest airline, Southwest Airlines. A 22-year Southwest veteran, Kelly began his career as controller, moving up to chief financial officer and vice president finance, then executive vice president and CFO, before being promoted to vice chairman and CEO in 2004. Kelly assumed the role of chairman and president in 2008. Kelly is a member of the Financial Executives Institute and the Texas Society of CPAs, and he serves on the McCombs School Accounting Advisory Board and the Advisory Council at the University of Texas at Austin. Read more in CNN Money

From McCombs TODAY

Harvin C. Moore III gave a speech on ethics Nov. 4 to Prof. Urton Anderson and Prof. Janet Dukerich’s undergraduate studies class, Organizational Corruption and Organizational Control.

At first glance, Moore looks like the picture of success. He earned a law degree from UT Austin and went to work for a law firm in Houston, where he had a “Midas touch” for putting together lucrative business deals. His real estate developments were valued at $250 million and he co-owned a savings and loan business with more than $400 million in assets.

It wasn’t until Moore took off his jacket and put on the prison badge he wore during his 2-year sentence in federal prison that students realized that this wasn’t going to be like any ethics speech they had heard before.

Moore was in business during the collapse of both the oil and gas industry and the real estate market in the four oil and gas states - Texas, Colorado, Oklahoma and Louisiana. That collapse caused all of his personal business to fail and left him with only the savings and loan institution, which he believed to be in excellent health.

However, the savings and loan institution was hit by defaults on the loans it had made to people in Houston and under the rules the partners could not declare a dividend for themselves under those circumstances. That meant that they could not pay back their debts and lenders were threatening to foreclose on their stock in the institution, thereby forcing both parties into bankruptcy.

It was the pressure and fear of being without a job that caused Moore to make three loans to his friends. Those friends would then use part of the money they were lent to “buy” miscellaneous assets from Moore’s personal holdings so that he could use the money to pay his debts. Read More…

From McCombs Alumni Network News

ArrowStream, a leading provider of supply chain solutions for the foodservice industry, announced that John Harvey will join the company November 10 as Chief Financial Officer (CFO).  He will be responsible for all financial aspects of the company.

 Harvey will replace Mary Healy, ArrowStream’s current CFO, who announced her retirement earlier this year.

Harvey brings a wealth of experience from rapidly growing companies to ArrowStream, serving most recently as CFO of Redbox Automated Retail, LLC and then as CFO of Redbox’s publicly traded parent, Coinstar, Inc.  Prior to Redbox, Harvey was with JetBlue Airways Corporation where he supported the company’s growth from an entrepreneurial start-up to a mature, $3 billion operation serving initially as Vice President & Treasurer and then as Executive Vice President & CFO. 

Harvey’s proven ability to build financial teams, discipline and processes that deliver operational insight for rapidly growing companies is crucial as ArrowStream continues its growth trajectory.  As the premier provider of supply chain solutions for the foodservice industry, ArrowStream serves blue-chip customers such as Wendy’s, Church’s Chicken, Steak n Shake, and ARCOP, Arby’s purchasing cooperative group.

Key to the company’s rapid success is The ArrowStream Network, which is the largest most extensive system of restaurants chains, distributors and manufacturers in the foodservice industry with more than 2,300 partners and more than $15 billion of transactions on an annual basis.

“When Mary announced her retirement we were concerned about finding someone with equal skills.  We are thrilled about the addition of John Harvey to our executive team.  His leadership, experience and core values are particularly relevant to the next phase of our evolution and will enhance our already strong financial position as we continue to expand The Network and fulfill ArrowStream’s commitment to delivering supply chain innovation and mutually beneficial solutions to our customers,” said Steven LaVoie, CEO and Chairman of ArrowStream.