Tag Archives: JPMorgan Chase

Organizational leadership

Bruce Avolio, executive director of the Center for Leadership and Strategic Thinking, led a discussion on organizational leadership on April 24, 2013 at the UW Foster School of Business. Panelists were Lt. Gen. Robert Brown, Phyllis Campbell and Brad Tilden.

LTG Robert Brown was commissioned into the Infantry in May of 1981 after graduating from the United States Military Academy at West Point. In 1986, LTG Brown completed the Armor Officer Advanced Course at Fort Knox, Kentucky and then attended graduate school at the University of Virginia, where he earned a master’s degree in education. Throughout his career he has held a variety of leadership positions, including Commander, 1st Brigade (Stryker Brigade Combat Team), 25th Infantry Division; Chief of Staff, US Army Europe and Seventh Army; and Commanding General, U.S. Army Maneuver Center of Excellence. LTG Brown transitioned to Joint Base Lewis-McChord on July 3, 2012, where he serves as Commanding General, I Corps.

Phyllis Campbell is the chairman, Pacific Northwest for JPMorgan Chase & Co. She is the firm’s senior executive in Washington, Oregon, and Idaho, representing JPMorgan Chase at the most senior level to clients. In her role, she manged JP Morgan Chase’s operations during a tumultuous time. She joined Chase shortly after it acquired Washington Mutual during the banking crisis. Previously, Campbell was the president and CEO of The Seattle Foundation, the largest community foundation in Washington. She has also served as President & CEO of U.S. Bank of Washington. She holds an MBA from the Foster School’s Executive MBA Program.

Brad Tilden is president and CEO of Alaska Air Group, the parent company of Alaska Airlines and Horizon Air. As CEO he leads the nation’s seventh-largest airline, with 9,600 employees, 60 destinations and 117 aircraft. Additionally, he oversees regional carrier Horizon Air and its 3,200 employees and 48 aircraft serving 39 cities. Previously, Tilden served as Alaska Airlines’ president. Before joining Alaska, he spent eight years with the accounting firm Price Waterhouse in its offices in Seattle and Melbourne, Australia. He holds an MBA from the Foster School’s Executive MBA Program.

The panel discussion was incredibly interesting and insightful. They covered a wide range of topics, including leadership obstacles, women in leadership positions, managing risk and more. Watch video highlights from the lecture.

Lt. Gen. Robert Brown, Phyllis Campbell and Brad Tilden were Foster School of Business Dean Jim Jiambalvo’s guest speakers at the Leaders to Legends Breakfast Lecture Series, which include notable leaders in an array of industries from greater Seattle and around the country.

UW Minority Business Awards honor top ventures, announce expanded partnership

The 2012 University of Washington Minority Business Awards honored ten top performing minority-owned ventures in the state of Washington.

The December 6 event, co-hosted by the Business and Economic Development Center (BEDC) at the UW Foster School of Business and the Puget Sound Business Journal, also unveiled an expanded partnership between BEDC and JPMorgan Chase, and welcomed back an old friend,

Ali TarhouniThat would be Ali Tarhouni, the popular senior lecturer who famously left his post at Foster in early 2011 to serve as finance minister for the Libyan revolutionary government. Tarhouni, who has initially declined a run for the newly democratic nation’s prime minister, expressed his pride in the growth of this unique Center that he helped found in the early 1990s.

“The Foster School of Business has heart,” he said. “We teach our students how to create wealth, and that’s our primary responsibility. But I’m also proud to be associated with a school that subscribes to do the right thing—even though it doesn’t usually have an immediate reward… Doing what is right and creating wealth aren’t mutually exclusive.”

The long-term impact of BEDC in promoting a robust economic diversity across the state was evident in the range of 2012 awardees.

The William D. Bradford Minority Business of the Year is Redapt, the Redmond-based provider of innovative data center infrastructure solutions.

Regional winners include:
King County Award – Jabez Construction/ST Fabrication and Radarworks
Northeast Washington Award – Spoko Fuel West Plains
Southeast Washington Award – RJS Construction
Northeast Washington Award – Gliding Eagle Marketplace
Southwest Washington Award – Sunmodo Corporation
Rising Star Award – C2S Technologies

Zones, the Auburn-based enterprise IT firm, received special commendation for reaching $1 billion in annual revenues. Accepting the award was Firoz Lalji, CEO and chairman of Zones, who noted that his company has become successful by serving businesses nationwide with expertise in all areas of IT, including systems and storage, networking and security, software, virtualization, procurement, logistics, any and everything tech.

Minority Business of the Year Awards 2012Michael Verchot, founding director of BEDC, announced a transformational $600,000 gift from the JPMorgan Chase Foundation, the largest in the center’s 17-year history. Verchot said that the gift will allow the center to engage more students in consulting to small businesses in Seattle’s low- and moderate-income communities and to grow its faculty-led small business classes throughout the state. And, perhaps most significantly, the investment also will enable the center to build a regional and national network of business schools that follow the BEDC model to spark economic development in their own communities.

This newest investment brings Chase’s total support of BEDC over the years to more than $900,000. “At JPMorgan Chase, we believe in strengthening small business and creating jobs. And we believe that is critical to the progress of our country,” said Curt Fraser, Chase’s CEO of middle market banking for the Pacific Northwest. “We’re thrilled to partner with the UW Business and Economic Development Center in working to do just that.”

Transformational gift from JPMorgan Chase

Guest post from Michael Verchot, Director of the Business and Economic Development Center at the University of Washington Foster School of Business

On December 6 we’ll formally announce a $600,000 gift from JPMorgan Chase Foundation that will mark a turning point in the life of the Business and Economic Development Center (BEDC). This gift will enable us to fully meet our goals of making a substantial impact on growing jobs where they are needed most by engaging students in learning that matters to them and to businesses. Fundamentally, this gift will enable us to do three things:

  • Increase the number of students engaged in hands-on work with small businesses in low-and moderate-income communities in the Seattle area.
  • Grow our faculty-led small business classes offered in Seattle, Everett, Yakima, Tri-Cities, and Spokane to reach up to 200 small businesses each year.
  • Build a NW regional and national network of business schools that enhance their student learning by helping small businesses in low-and moderate-income communities to create jobs.

BEDC Celebrates JP Morgan Chase GiftWe already know that more than 94% of students who participate in BEDC programs say the experience improves their job performance after graduation and 80% of small business participants report positive financial and performance gains following their work with us. We now have the opportunity to serve more students and business owners.

This is the largest gift the BEDC has received in its 17-year history and brings Chase’s total giving to the BEDC to more than $900,000. As we’ve worked with Chase over the last year in shaping our vision for the use of these funds, they’ve also challenged us to think beyond their gift to what’s next. Chase’s gift will be spent over the next three years which will bring us to our 20th anniversary. It’s time to set our sights on the future. Our overarching goals these next three years will be to:

  • Leverage Chase’s support to secure between $1 million and $10 million in endowment support to sustain the growth in programs made possible by Chase’s gift.
  • Double the number of students who are working with small businesses.
  • Create a self-sustaining series of classes for entrepreneurs and business owners at all levels of business growth.

All of us at the BEDC, students, faculty, staff, and business volunteers, are deeply grateful to Chase for this investment and we look forward to an exciting couple of years ahead of us.