University at Buffalo School of Management

Buffalo Business - Spring 2024

The magazine for alumni and friends of the UB School of Management

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14 Buffalo Business | BUSINESS ANALYTICS SOCIAL IMPACT OF MANAGEMENT BUSINESS OF CLIMATE CHANGE INNOVATION, ENTREPRENEURSHIP AND LEADERSHIP Visionary Thinking: During their campus visit, the nine winners of the Centennial Achievement and Impact Award sat down with faculty members Mary Ann Rogers and Dorothy Siaw-Asamoah to discuss the opportunities and challenges that lie ahead for businesses and organizations in the next 100 years, share their thoughts on leadership and more. To see the videos and learn from these high-level executives, visit the School of Management YouTube channel at youtube.com/ ubschoolofmgt. Margaret Hempling McGlynn, MBA '83 Former President, Merck, Human Health Division Current President and Founder, Hempling Foundation One of seven children, Margaret Hempling McGlynn was just 11 when homocystinuria — a rare metabolic genetic disease — took the lives of two of her sisters in the same year. Since then, McGlynn has dedicated her life to helping people live health- ier, longer lives. Her UB degrees led to a 26-year career at Merck, leading commer- cial functions and ultimately serving as president of Merck Vaccines where she ran an $8 billion global business that developed new vaccines to prevent HPV and cervical cancer, rotavirus disease and shingles. Then, as CEO of the International AIDS Vaccine Initiative, McGlynn helped to progress vaccines into human testing to prevent this devas- tating illness. In honor of her sisters, she also founded the Hempling Foundation for Homocystinuria Research, which funded the proof-of-concept study of a treatment that was then licensed by a biotech company and has shown up to a 67% reduction in homocysteine in the first phase of human testing. It recently entered the last phase of testing and, if successful, patients will soon have access to this ground- breaking new treatment. " I went to college at UB and studied in the joint phar- macy/MBA program. I learned the skills that enabled me to work in the pharmaceutical industry, where I thought I could have the greatest impact. I believe I did have an impact bringing new medicines and vaccines to the market to prevent or treat diseases like HPV, cervical cancer and AIDS. But there were no leads for homocys- tinuria to develop. So, aer 26 years I decided to retire early and set up a research fund to make sure no chil- dren in the future had to endure what my sisters did." Tunney S. Murchie, BS '75, MBA '76 Owner, Lackawanna Products Corp. Tunney Murchie is truly a self- made man. He exemplifies what hard work and commitment can lead to. The extraordinary success of the companies he has founded is proof. Lackawanna Products began with three employees, three desks and three telephones. Today, the company and its startup spinoff, LPC Logistics, employ 160 and serve the 48 contiguous United States and Canada. Murchie learned the fundamentals of commodities trading at The Pillsbury Company Feed and Grain Trading Division, where he worked alongside the country's top commodity traders. Just four years into the job, he estab- lished a new office in London. Tunney and his family are staunch supporters of UB Athletics. " It takes a lifetime to build a business from the ground level up. There are numerous highs and lows and even if you're fortunate to be successful, there is a great deal of personal sacrifice in the mix. Failure is not an option. Over the past 15 years my approach to business has changed. I tend to reflect on our accomplishments, some- thing I had never done in the past. It used to be always full speed ahead. The routine at home has changed as well. Before I hit the sack, I pass through the kitchen for a little snack that's usually not very healthy. Then I go to my bedroom to gather my thoughts and say a little prayer, to offer my thanks for a great life."

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