Anderson Alum’s Company Helps Human Trafficking Victims
Anderson School of Management MBA alumnus Carissa Phelps is helping victims of human trafficking with the skills she honed as a UCLA Anderson student. Her company, Runaway Girl, works with victims to get them off the street and on a path to healing.
For Phelps, this topic is important and intensely personal and essential for her current work.
US Secretary of Treasury Visits Anderson
United States Secretary of the Treasury Jack Lew visited with the UCLA Anderson School of Management‘s Class of 2016. Lew’s visit consisted of a wide-ranging conversation that covered such issues as world economic growth, international sanctions against Russia, U.S. corporate tax inversions and stemming the flow of funds to ISIL (Islamic State of Iraq and the Levant).
Ian Katz, who covers the Treasury for Bloomberg, moderated the conversation.
Anderson Alum Donate $1.5 Million
Investment managers Donnalisa (’86) and William M. Barnum, Jr. have donated $1.5 million to UCLA Anderson School of Management to establish the Donnalisa ’86 and William M. Barnum, Jr. Endowed Term Chair in Management. The endowment will support the teaching and research efforts of distinguished UCLA Anderson faculty.
Donnalisa Barnum is a senior vice president and portfolio manager at Capital World Investors; a division of Capital Research & Management Company, a Los Angeles-based investment management firm with assets of approximately $1.1 trillion. Prior to joining The Capital Group, she worked on Wall Street at Morgan Stanley. She earned a bachelor’s degree in English at Stanford University with honors, a master’s degree in English and Australian literature at the University of Sydney, Australia and an MBA at UCLA Anderson School of Management.
Anderson Marks 10th Year of GEMBA Program
This summer marks the 10th anniversary of the UCLA-NUS Global Executive MBA for Asia Pacific program at UCLA Anderson School of Business. The program is a 15-month, dual-degree program in which graduates earn two MBAs, one from UCLA Anderson School of Management and another from the National University of Singapore Business School.
The program offers senior executives from around the world a global perspective on leadership and management. Students meet for six, two-week sessions across Shanghai, Bangalore, New Delhi, Singapore and Los Angeles, where they are immersed visits, meetings with executives and projects with international companies. The program culminates with a Management Practicum, a global strategic consulting project.
UCLA Alumnus Named CEO of Target Corp.
UCLA Anderson School of Management graduate Brian Cornell (BA ’81, Executive Program ’91), has been named Chairman of the Board and Chief Executive Officer of Target Corporation. Cornell has vast experience in the retail and consumer products world and was most recently the CEO of PepsiCo Americas Foods. This is the first time that Target Corporation has hired an outsider as CEO and Chairman.
Cornell joins Target with more than 30 years of experience at some of the nation’s leading retail and consumer product companies. As Target’s new CEO, Cornell’s top priorities will be accelerating the company’s performance and advancing Target’s omnichannel evolution.
Cornell most recently served as the chief executive officer of PepsiCo Americas Foods where he oversaw the company’s global food business, the largest of PepsiCo’s four divisions. He was responsible for a portfolio that included Frito-Lay North America, Quaker Foods and all of PepsiCo’s Latin America food and snack businesses.
Anderson Applications Increase By 32 Percent
UCLA’s Anderson School of Management revealed that applications to the school’s full-time MBA program rose by 32 percent for the 2013-2014 admissions cycle.
The unusual increase, in a year when application volume at many schools either flat or slightly down, means that MBA applications at Anderson have raised by more than 60 percent in the past four years. The latest increase follows a seven percent decline in the year-earlier after a 22 percent gain the prior year.
The school attributes the increase to a variety of factors. Some of which include a reduction of the number of essays and letters of recommendation required to apply as well as increased recruiting efforts that have led to deeper engagement by applicants. Continue reading…
