Here are some recent updates on College of Business Administration (CBA) alumni and faculty members.

Alumni

Harry Cendrowski '77, president and managing director of Cendrowski Corporate Advisors, recently co-authored Private Equity: History, Governance and Operations. The book is published by John Wiley & Sons.

Randy Elder '79, is professor of Accounting and senior associate dean of the Whitman School of Management at Syracuse University, where he serves as the "right hand man for the dean." Elder has strong connections to the University. His parents and three brothers also graduated from the University, and his father taught at the downtown Dowling Hall Evening College of Business for decades.

William Hermann '72, recently stepped down as managing partner of Plante & Moran. Every year during Hermann's tenure as managing partner, the firm was named as one of the top 100 places to work by Fortune magazine.

James O'Sullivan '76, '86, president and CEO of Mazda North America, was honored as the Automotive Executive of the Year for 2009 at the Detroit Athletic Club in May.

Ryuzo Sato '59, recently retired as Starr Professor of Economics and director, The Center for Japan-U.S. Business and Economic Studies at The Stern School of Business at New York University. Sato is one of the preeminent economists in the world, has authored many books, and had a conference dedicated to his work.

Note: Please submit any alumni news items to Ken Kuna, CBA associate dean for external relations, at kunakj@udmercy.edu.

Faculty

Two new faculty members in accounting and finance recently joined the CBA faculty:

Hutchinson

Robert Hutchinson is assistant professor of Accounting, teaching courses in cost and managerial accounting. He received his bachelor's degree from Duquesne University, his MBA from Notre Dame University and his Ph.D. from University of Toledo. His dissertation topic was the impact of time-based accounting on manufacturing performance. He previously taught at Oakland University and Ohio Northern University from 2006-2009. His industry experience includes positions at Owens Corning, PPG Industries, Bayer, A.G., and Westinghouse from 1996-2002.

Sabbaghi

Omid Sabbaghi is assistant professor of Finance, teaching Corporate Finance Investments and Advanced Investments undergraduate courses and the Corporate Finance graduate course. He received his bachelor's degrees in Economics, Statistics and Applied Mathematics from the University of California, Berkeley. He earned his MBA and Ph.D. in Business from the University of Chicago, Booth School of Business; his dissertation topic was market microstructure and asset pricing. His research interests, on which he has published a number of articles, include market microstructure and asset pricing, investments, financial econometrics and sustainable finance. Prior to joining UDM, Sabbaghi taught at the University of Chicago, Booth School of Business from 2005-2009.

For more on Hutchinson and Sabbaghi, visit the Meet Our Faculty site.

Professor of Business Administration Mike Bernacchi was a panelist during the WWJ Newsradio 950 Dream Cruise Business Breakfast, entitled "Motown movie muscle: our cars are stars."  The discussion focused on how marketing cars in movies has helped auto sales and how flashy cars have been used in movies.  Bernacchi has studied the economic impacts of the Woodward Dream Cruise.

Interim Dean of the College of Business Administration Gerald Cavanagh, S.J., chaired the session, "Ethics and management: contracts and justice," at meetings of the International Academy of Management, in August in Chicago. He also published American Business Values: A Global Perspective, 6th ed. (Prentice Hall, 2010).