McCombs Alumnus Jim Lee, BBA ’88, MBA ’92, with his wife, Amy, and their two sons.

The University of Texas McCombs School of Business alumnus James H Lee, BBA ’88, MBA ’92, recently announced a $600,000 pledge to the school’s Wall Street for McCombs program. Lee, who was one of the first McCombs students to participate in the Wall Street for McCombs internship program, sees this as a full-circle moment.

In 1991, Lee was selected by then-Dean Robert Witt to join the school’s inaugural group of Ambassadors to Wall Street, which eventually evolved into the Wall Street for McCombs program. He later began his career working in mergers and acquisitions at Lehman Brothers and First Boston.

“I’m incredibly grateful to the McCombs School of Business and Dean Robert Witt, who helped launch my career when he selected me and four other MBA students to travel to New York to meet with the nation’s top investment banks,” Lee said. “That trip changed everything—all five of us received important offers from some of Wall Street’s leading firms. My time at McCombs shaped who I am today, and I’m proud to support the next generation of students as they embark on their own careers in our U.S. capital markets.”

The gift provided by Lee and his wife, Amy, will be used to create a permanent endowment to benefit undergraduate or graduate students who comprise the winning team in the spring Investment Banking Practicum course, which is required as part of the Wall Street for McCombs leadership program.

Xavier Sztejnberg, director of Wall Street for McCombs and assistant professor of instruction in finance, said the gift will help the program continue to provide important opportunities for future graduates.

“The Wall Street for McCombs Leadership Program is deeply grateful to Jim for his generous support and commitment to excellence, which will make this award possible for the winning team in the WSFM Investment Banking Practicum course,” Sztejnberg said. “His contribution will continue to position WSFM as the pre-eminent program of its kind in the country.”

Wall Street for McCombs was founded in 2013 to build a pipeline of talent for investment banking.  It was later expanded to include other industries through the New York for McCombs program. Lee hopes these programs will encourage more students to pursue careers in our capital markets – whether on Wall Street or closer to home.

“Texas is home to some of the brightest minds in business and finance, with one in ten public companies and a growing share of the Fortune 500 based in the state,” said Lee.  “As the Texas Stock Exchange becomes operational next year, I’m confident even more opportunities will open up for McCombs graduates to thrive.”

Lee has 30 years of experience in U.S. equity markets, alternative investments and governance of large public retirement systems and endowments. He founded the Texas Stock Exchange in 2023 and serves as the chairman and CEO of TXSE Group Inc. Previously, Lee co-founded trading technology companies that developed early smart order routing technologies to connect investors and U.S. equity venues as well as an electronic trading firm that regularly transacted large percentages of U.S. equity volume.

He serves as the president of the Houston Symphony Endowment. He was also chairman of the Board of Trustees of the Teacher Retirement System of Texas and commissioner on the Texas Parks & Wildlife Commission, Texas Sunset Commission, Texas Higher Education Coordinating Board, Texas Finance Commission, and Texas Growth Fund.

Friends and distinguished alumni of the McCombs School of Business at The University of Texas at Austin inducted four alumni into the school’s Hall of Fame on Nov. 7 at the AT&T Hotel and Conference Center. This year’s honorees are Christopher Bake, BBA ’88; Ray Brimble, B.A. ’74; Bennett Glazer, BBA ’68; and Brien Smith, BBA ’79, MPA ’81. McCombs Dean Lillian Mills also recognized 2024 Rising Stars Simeon Bochev, MSF ’13; Michael Ginnings, BBA ’09; and Gerardo Guardado, MBA ’10.

The Hall of Fame was established in 1983 in recognition of the University’s centennial celebration, and induction into the Hall of Fame is the highest honor bestowed by the McCombs School of Business. Honorees are people who have made outstanding professional contributions to the business community and who have advanced humanity through their exemplary civic, philanthropic, and educational activities. A selection committee considers each year’s Hall of Fame nominees for induction.

The Rising Star Award recognizes young alumni who are making their mark in their respective fields. 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. Recipients are graduates who exemplify professionalism and dedication in the business world. Each year, the McCombs BBA and MBA Advisory Boards, along with Dean Mills, select the Rising Star awardees.

2024 Hall of Fame Inductees

Christopher Bake, BBA ’88
Executive Committee Member and Head of Origination, Vitol

Christopher Bake as of July 2024 retired from his executive duties on the board of Vitol, a global energy and commodity trading company founded in 1966 that had revenues of $400 billion in 2023.

Since joining Vitol in 1995, Bake has held various management positions in London, Dubai, Bahrain, Buenos Aires, and Houston. He was appointed to the Executive Committee in 2009. Formerly, Bake worked for BP and Phibro.

Bake is chairman of VTTI, an independent provider of global energy storage infrastructure for liquids and gas, and he also chairs Vivo Energy. The GroundTruth Project, which Bake also supports, is dedicated to supporting the next generation of journalists in the U.S. and around the world. It focuses on serving communities that have received little attention and advancing sustainability, innovation, and equity in journalism. Bake is also the founder of the Global Sustainability Leadership Institute at UT. He is a passionate sailor and has been involved in the RC44 one-design sailing class since its inception in 2007. He holds a BBA in international business and marketing from UT. He and his wife, Cynthia, have been married for 30 years and have four children.

Ray Brimble, B.A. ’74
Founder and Chairman, Lynxs Holdings LLC
Founder and Chairman, Scymaris Ltd.Founder, 

Seed/Pod Holdings LLC

Ray Brimble is the founder and chairman of Lynxs

Holdings LLC,

founder and chairman of Scymaris Ltd., and founder of Seed/Pod Holdings LLC. His business portfolio combines entrepreneurial, managerial, and academic accomplishments spanning a 49-year career, which began when he founded his first company at the age of 22.

His leadership talent has earned him a place as an international leader in Texas business circles with global impact. He is the founder of The One Skye Foundation – Brimble Family Foundation, a founding board member of the Austin Together fund, a current member of the McCombs School of Business Advisory Council, and a current member of the International Board of Advisors for the Office of the President at UT. He is on the board of advisers for the Institute for International Economic Policy at the Elliot School of International Affairs at George Washington University, and he is involved with many additional boards. In 1994, he was appointed by the U.S. secretary of commerce as chair of the Camino Real District Export Council (South-Central Texas).

Brimble holds a B.A. in international studies, ampla cum laude from UT, and an M.A. in international affairs from George Washington University.

Bennett Glazer, BBA ’68
President and 

CEO, Glazer’s Inc.

Bennett Glazer is the president and CEO of Glazer’s Inc. He began his career as a salesman in 1968, and in 1996 he took over the family business when he was elected president and CEO of Glazer’s.

Glazer’s Inc. is the parent company that owns 100% of Glazer’s Beer & Beverage and is a substantial partner in Southern Glazer’s Wine & Spirits. Glazer’s Inc. also owns various real estate companies.

Glazer received a BBA from UT in 1968.

Brien P. Smith, BBA ’79, MPA ’81
Managing Director and Senior Adviser, Neuberger Berman Private Capital

Brien Smith is a managing director of Neuberger Berman and senior adviser of Neuberger Berman Private Capital. He is a member of the Private Portfolios, Co-Investment, and Private Debt Investment

Committees. Smith is also a member of Neuberger Berman’s Private Asset Valuation Committees and the Global Risk Committees. He was senior portfolio manager from 2001 to 2017 and chief operating officer of Neuberger Berman Private Capital from 2017 through 2022. Before joining Neuberger Berman in 2001, he worked in the middle market private equity firm Mason Best Company LP and its affiliates. He began his career at Arthur Andersen & Co.

Smith is a life member of the McCombs School of Business Advisory Council. He also serves on the Ex-Students Association of The University of Texas Board (“Texas Exes”), chairing its Investment Committee from 2017 to 2024 and serving as the organization’s president for the 2024–2025 school year.

He received BBA and MPA degrees from UT. Smith and his wife, Anne, have been married for almost 45 years since meeting in a finance class in the “BEB” (Business-Economics Building — or — more playfully “Big Enormous Building,” now CBA or College of Business Administration). They have two sons and five grandchildren.

2024 Rising Stars

Simeon Bochev, MSF ’13
Co-Founder and CEO, The Compute Exchange

Simeon Bochev is the co-founder and CEO of The Compute Exchange, a seed-stage fully funded artificial intelligence infrastructure startup based in the San Francisco Bay Area. His mission is to build the world’s most trusted, transparent, and efficient exchange for “compute” — a general term for the various components of technology infrastructure, which include central processing units, graphical processing units, and data centers. He is excited to accelerate the development of the AI ecosystem by removing infrastructure friction and facilitating democratized compute availability and financial risk management — critical to distributing the benefits of AI worldwide. Bochev is also currently advising dozens of CEOs and businesses, including many in the Fortune 100, and sits on several private boards, including the Pride (LGBTQ) Chamber of Commerce in Japan. Bochev also regularly consults governments on tech, AI, and business policy, including U.S. presidential campaigns and administrations, EU member states, and the Japanese government.

Bochev is a seasoned global tech leader, board member, entrepreneur, and investor with extensive operations, strategy, and engineering expertise in Big Tech, in rapidly growing pre-seed to pre-IPO startups, and in large corporates. Bochev has significant leadership experience in multinational environments, having lived and held executive positions across North America, Europe, the Middle East, Africa, and the Asia-Pacific region.

Bochev has a B.S. in electrical and computer engineering and an M.S. in finance from UT, and an MBA from Harvard Business School.

Michael Ginnings, BBA ’09
Managing Director, Credit Solutions, TPG Angelo Gordon

Michael Ginnings is a managing director at TPG Angelo Gordon. He leads the Credit Solutions Group’s investments in technology and communications. Prior to joining TPG Angelo Gordon, Ginnings was a managing director at Contrarian Capital Management. He was previously a senior investment analyst at Panning Capital Management and Golub Capital. Ginnings began his career at Evercore. He received a BBA in finance from UT. He is the incoming chair of New York for McCombs, a council that is designed to strengthen the McCombs School of Business’ network, increase opportunities for students, and foster alumni engagement.

Gerardo Guardado, MBA ’10
CFO, VP Finance and Development Committee, The Home Depot Mexico

Gerardo Guardado serves as CFO for The Home Depot Mexico. The largest home improvement retailer in the world, The Home Depot operates in the U.S., Canada, and Mexico.

After more than 25 years as a financial executive, Guardado has a strategic mindset and a collaborative leadership style. He has well-rounded experience in mergers and acquisitions, business process efficiency, strategic business development, and sales and operations in several industries, including petrochemical,

oil and gas, consumer packaged goods, and retail.

He has had international assignments working as an expat in the U.S., handling acquisition and post-merger integration in South America, and gaining go-to-market experience in Mexico, the U.S., and Europe.

Guardado graduated with a B.S. in

industrial engineering from Tec de Monterrey and an MBA from UT’s McCombs School of Business, where he served as president of the Hispanic Graduate Business Association and as a member of the Graduate Marketing Network and Entrepreneur Society.

Guardado and his wife, Alejandra, reside in Monterrey, Mexico, with their two children.

Dean Lillian Mills chats with Jon and Becky Brumley at this year’s Homecoming Tailgate barbecue.

McCombs welcomed more than 600 alumni to its 2024 Homecoming Weekend September 27 through 28, with a Saturday tailgate kicking off UT’s first Southeastern Conference game against Mississippi.

The weekend consisted of a business conference led by Dean Lillian Mills and featuring notables like Sandy Leeds, professor of instruction with the Department of Finance at McCombs; Jon Brumley, Founder, President and CEO of Bounty Minerals, LP; Rex Du, professor with the Department of Marketing at McCombs; and a keynote interview with Dean Mills and Blake Poutra, managing partner at Big Enrichment.

A reception followed the conference, highlighting class reunions for 1979, 1984, 1989, 1994, 1999, 2004, 2009, 2014, and 2019 cohorts.

The following day, a large crowd gathered at the Tejas Room and Patio in the AT&T Hotel and Conference Room for barbecue, drinks, and family friendly activities during the annual football tailgate. This year’s excitement was palpable ahead of the first SEC conference game, which the Longhorns handily won against Mississippi.

“This event is always a fantastic time, but this year, you can just feel an electricity in the air,” said Christine Burdell, Director of Alumni Relations. “We love to see our alumni come together to reconnect and cheer on their alma mater.”

After the tailgate, those who were able to secure a seat in the Homecoming football block attended the game as a group and saw the win first-hand.

“It’s a great time to be a Longhorn,” said one alumnus.

Plans for next year’s homecoming events are already underway, and a date will be announced soon. In the meantime, we invite you to view the photos of this year’s exciting event here.

This summer McCombs Alumni Chapters across the country held Summer Celebrations, special gatherings where they welcomed fellow alumni as well as student interns in the area. In the Bay Area, McCombs partnered with the Cockrell School of Engineering to bring a panel that discussed the impact of AI on future careers, while in Los Angeles McCombs joined forces with Moody College of Communication to offer a networking event for alumni. In New York City, alumni and students enjoyed a brunch while the Dallas Alumni Chapter welcomed Dean Mills to mingle with their group.

All events were well-attended, and alumni said they enjoyed getting a chance to meet the next crop of Longhorns. While our Summer Celebrations have wrapped for this year, we still have plenty to keep you busy during the fall months. In the meantime, we hope you’ll enjoy perusing the photos of this year’s celebrations.

Chicago Summer Celebration

Houston Summer Celebration 

Austin Summer Celebration

L.A and Orange County Summer Celebrations

Arkansas Summer Celebration

When the 2024 Paris Olympics kicked off on Friday, July 26, Texas Longhorns were in full force waving from the passing vessels on the Seine. From coaches to athletes, The University of Texas at Austin was well represented.

Among the impressive athletes who will be going for gold are a number of McCombs alumni, all who made significant showings while obtaining their degrees at UT.

Ryan Crouser, BSF ’16: Track and Field, Shot put

Originally from Oregon, Ryan was a huge asset to The University of Texas at Austin track and field team while an undergrad at McCombs. As a member of that team, he was a four-time NCAA shot put champion and nine-time NCAA All-American. He has won two gold medals at both the Rio de Janeiro Olympics in 2016 and again in the Tokyo Olympics in 2020. He also holds the World Championship Shot Put title.

Scottie Scheffler, BBA ’18: Golf

Scottie hails from New Jersey originally but enjoys being a Longhorn. He most recently won the 2023 Masters Championship, and reached the number one golf ranking in May 2022, a title he has held for 90 days. He is the first player to win The Players Championship in back-to-back years. And, while Scottie has had 12 total PGA Tour wins, this will be his first Olympics.

Yvonne Anderson, BBA ’12: Women’s Basketball

A standout player for UT, Yvonne chose to be a Longhorn over Illinois, Missouri, and Vanderbilt. In 2010, ESPN Magazine listed her as an Academic All-District Six Second Team selection. She was also a 2011 Capital One Academic All-District Six First Team nominee. While attending UT, she was also on the Honor Roll, maintaining a 4.0 GPA in 2008 and 2009. She obtained Serbian citizenship and represents Serbia internationally.

Kaitlin Knifton, BBA ’22: Women’s Rowing

Twenty-four-year-old Kaitlin Knifton will be attending her first Olympics this year, but that doesn’t mean she is untested. She was an integral part of the championship University of Texas at Austin Women’s Rowing Team. She is a three-time world champion, and a member of the National Honor Society and student council. We will be cheering for Kaitlin and the USA Women’s Rowing Team as they work to bring home yet another medal!

Daisy Mazzio-Manson, MSM, ’21: Women’s Rowing

Transferring to McCombs from Yale  University to pursue her Master of Science in Marketing, Daisy Mazzio-Manson made a splash as part of the championship team at UT. While at Yale, Daisy was named a 2019 Collegiate Rowing Association First-team All-American and earned 2018 CRCA Second-Team All-American honors. She was a two-time All-Ivy First Team selection and received the Chris Ernst Award for Excellent Performance as a first-year at Yale. She recently won a silver World Championship medal and has been participating in Women’s Rowing for eight years. This will be her first Olympics.

We hope you’ll join us in cheering on our McCombs Longhorns as they show off all the hard work and dedication that has gotten them this far. Medal or not, we are proud of each of these athletes and raise our horns in their honor. For more information or to follow along with their Olympic journey, you can catch the Olympics in primetime on NBC now through August 11, 2024. You can also visit the Team USA website for more detailed information, recaps, and medal counts.