University at Buffalo School of Management

Buffalo Business Address changes and other correspondence can be sent by email to mgt-editor@buffalo. edu or by completing the enclosed business reply card. Telephone inquiries can be made at 716-645-2833. Editorial offices are located at the University at Buffalo School of Management, 160 Jacobs Management Center, Buffalo, NY 14260. CONTENTS ................................................................ Paul Tesluk Dean, University at Buffalo School of Management Jacqueline Molik Ghosen, APR Editor Kevin Manne, APR Contributing Editor Matthew Biddle Contributing Editor Deb Engel/Ivan Ereiz Art Direction/Design e8 Creative ................................................................ School of Management Dean's Advisory Council CHAIR Sujata Yalamanchili, BS '88, MBA '89 Partner, Hodgson Russ LLP, Buffalo, N.Y. COUNCIL Marc A. Adler, MBA '82, CEL '08, President School of Management Alumni Association Kenneth M. Barna, BS '69, Counsel KP Law PC, Boston, Mass. Thomas M. Barney Jr., MBA '00 Vice President and Treasurer Delaware North, Buffalo, N.Y. Douglas C. Bean, MBA '87 Vice Chairman and Chief Brand Officer Eric Mower + Associates Inc., Buffalo, N.Y. Joseph H. Bell, EMBA '99 Retired Group Vice President and General Manager Moog Inc., Amherst, N.Y. Paul F. Ciminelli, BS '87, President and CEO Ciminelli Real Estate Corp., Williamsville, N.Y. Michael W. Cropp, EMBA '03, President and CEO Independent Health, Williamsville, N.Y. Donna L. DeCarolis, BS '81, MBA '83 Vice President for Business Development National Fuel Gas, Williamsville, N.Y. Louis A. DiBerardino Jr., BS '80 Retired Partner, Ernst & Young, West Roxbury, Mass. Edward Dong, MBA '91 Founding Chair, U.S.-China Committee The International Leadership Foundation Arcadia, Calif. Richard M. Ferranti, EMBA '97 President and COO, Rich Products Corp., Buffalo, N.Y. Gregg S. Fisher, BS '92, Founder & Head of Quantitative Research & Portfolio Strategy Gerstein Fisher, New York, N.Y. Glenn A. Fosdick, BS '74, Principal Glenn A. Fosdick Consulting LLC, Ann Arbor, Mich. Dorothy E. Gallagher-Cohen, EMBA '07 President and CEO Buffalo Niagara Partnership, Buffalo, N.Y. Barry B. Goldstein, MBA '80, Chairman & CEO Kingstone Companies Inc., Kingston, N.Y. Howard D. Koenig, MBA '76, CEO, Perspecta, and Managing Director, Empactful Capital, San Francisco, Calif. Charles Koller, Chair Center for Entrepreneurial Leadership Advisory Board James P. Lederer, BS '82, MBA '96 Retired Executive Vice President Qualcomm Inc., San Diego, Calif. Gerry Murak, CEL '91, EMBA '96, Principal Murak and Associates LLC, Buffalo, N.Y. Michael J. Murray, BS '75, MBA '85 Retired Managing Partner Ernst & Young LLP, Hamburg, N.Y. Sharon D. Randaccio, BS '76, MBA '81 President and CEO Performance Management Partners Inc. Williamsville, N.Y. Mark C. Rizzo, BS '96, MBA '03 Vice President and Group Manager Commercial Banking Division M&T Bank, Buffalo, N.Y. Steven H. Shepsman, BS '75 Executive Managing Director NewWorld Realty Advisors LLC, New York, N.Y. David F. Simon, BS '74, Chief Legal Affairs Officer Philadelphia College of Osteopathic Medicine Philadelphia, Pa. Robert M. Zak, BS '80, MBA '80, President and CEO Merchants Insurance Group, Buffalo, N.Y. Arithmetic, algorithms — and art Cindy Lawrence leads the only math museum in North America. The rise of bitcoin Money — for the people, by the people. Sun, startups and skill-building Experiential learning in Costa Rica. Off the Clock Faculty in their free time. DEPARTMENTS Startups . . . . . . . . . . . . . . . . . . . . . . 2 Community Impact . . . . . . . . . . . . . 6 NewsBites . . . . . . . . . . . . . . . . . . . . . 9 Insights . . . . . . . . . . . . . . . . . . . . . . 20 Alumni Impact . . . . . . . . . . . . . . . . 24 Class Notes . . . . . . . . . . . . . . . . . . 26 8 10 16 18 6 16 18 10 The magazine for alumni and friends of the University at Buffalo School of Management 2

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