September 12, 2002
Economist, Former Member of Federal Reserve Board Kicks Off Whitworth's New School of Global Commerce and ManagementAs a member of the board of governors at the Federal Reserve and chief economist for one of the largest investment banking and brokerage firms in the world, Wayne Angell has made decisions with billion dollar consequences. In a keynote address titled "Capitalism, Christianity and Corporate Accountability," for a luncheon to kick off Whitworth's new School of Global Commerce and Management, Angell will point to ethical principles that should guide business decisions regardless of how many dollar signs and zeroes are at stake.
The luncheon will take place from noon to 1:30 p.m. Friday, Sept. 20, at Whitworth's Hixson Union Building. Representatives of the media are welcome.
"Today's newspaper headlines seem to suggest that most business leaders are motivated by padding the bottom line or their own wallets," says Whitworth President Bill Robinson. "That simply isn't true, and Wayne Angell is one of America's shining examples that doing good is good business. He is the right person at the right time to launch Whitworth's School of Global Commerce and Management in its mission to bring integrity and effectiveness to the business world."
The School of Global Commerce and Management was formed in 2001 to emphasize the longstanding international focus of Whitworth's undergraduate and graduate business programs. This focus is reflected in the college's multicultural literacy requirement for all graduates, in recent curricular revisions and new courses and in the recruitment of faculty with expertise in global commerce and management. The college also has more than a dozen sister-school relationships with overseas institutions that bring about 150 international students to campus each year.
The School of Global Commerce and Management consolidates and brings new synergy to three Whitworth programs: The Master of International Management program, the undergraduate Department of Business and Economics and the Organizational Management evening program. Kyle Usrey, an attorney with extensive experience in international business management and law in both higher education and industry, is the school's first dean. Usrey has focused the school's efforts on helping students develop what he calls "the four C's:" cross-cultural skills, character, a collaborative mindset and the ability to manage change.
"Whitworth's School of Global Commerce and Management is uniquely positioned among liberal arts colleges in the region to provide a business education focused on the issues and challenges unique to globalization as well as the need for strong and ethical leadership," Usrey said. "We take seriously our mission to help students develop a core set of values as well as the skills and competencies they need to succeed in their careers but also to provide leadership for a planet in desperate need of good leaders."
Usrey said that Wayne Angell has dedicated his business career and his life to leading with integrity and will bring an important message concerning the intersection of faith, corporate accountability and capitalism to the formal kick-off of the School of Global Commerce and Management.
Angell is the former chief economist and senior managing director of Bear Stearns & Co., Inc., one of the largest global investment banking, securities trading, and brokerage firms in the world, with more than $185.6 billion in assets. Before joining Bear Stearns, Angell was a member of the board of governors at the Federal Reserve from 1986 to 1994, chairing the board's Committee on Federal Reserve Bank Activities.
Angell served three terms as a member of the Kansas House of Representatives and has consulted with governments and businesses around the world. In addition, he has spent more than three decades in partnership with his brother, farming 3,300 acres in Kansas. He also had a lengthy academic career, serving as professor, department chair, and dean at the University of Ottawa in Ottawa, Kansas, from 1956 to 1972. Angell received a B.A. from Ottawa University in 1952, and an M.A. (1953) and Ph.D (1956) from the University of Kansas. He is currently a consultant in the areas of economics, finance and international business.
Located in Spokane, Wash., Whitworth is a private, liberal arts college affiliated with the Presbyterian Church (U.S.A.). The college enrolls 2,100 students in more than 50 undergraduate and graduate programs.
Kyle Usrey, Dean of School of Global Commerce & Management, (509) 777-4585.
Greg Orwig, director of communications, (509) 777-4580 or email@example.com.