COVERING GREATER VANCOUVER & THE FRASER VALLEY SINCE 1989
15YEARS January 4–10, 2005 • Issue 793
40 under 40
PM40051199
R8876
71114 78312 6 01 7
Business in Vancouver Issue 793
Meet the future of business in British Columbia: from a CFL football player moonlighting as a restaurateur, to the 34-year-old genius behind some of the world’s best-selling video games, 40 top achievers under the age of 40 share the stories behind their success
2004’s
40 under 40 is sponsored by:
For temporary, permanent and contract staffing call today 604-694-2500 miles.ca
$2.00 • 604-688-2398 • WWW.BIV.COM
Business in Vancouver
2
January 4–10, 2005
Sooner or later we realize...
wealth is more than just money. The T. Stenner Group™ understands that the best thing about wealth isn’t just the money. It’s the freedom to take advantage of opportunities and turn them into successes. As a leading consulting group to ultra affluent entrepreneurs, we dedicate ourselves to understanding what wealth means to you. The result: a unique wealth management strategy customized to your needs.
Exclusive and preferred, the T. Stenner Group of CIBC Wood Gundy follows a "Family Office" model. Whether you have a net worth of $10 million or $100 million plus, we have appropriate solutions to meet your specific needs. We dedicate ourselves to designing and implementing an elite wealth management strategy that will maximize your opportunities and life experiences.
For a private consultation with our specialists please call us: Tel: (604) 331-5188 Toll free: 1 (888) 783-6637 To learn more about us, our unique value proposition and proven track record please visit:
T. Stenner Group™ www.thestennergroup.ca
CIBC Wood Gundy is a division of CIBC World Markets Inc., a subsidiary of Canadian Imperial Bank of Commerce and Member CIPF.
2004 40
WINNERS
under
40 Emerging talent unearths wealth of business opportunities The typical path to entrepreneurial success is to build a better mousetrap. In recent years that has meant technological innovation: invent a new software program or a new telecommunications platform, and the world will beat a path to your door. To be sure, this year’s list of B.C.’s 40 most successful entrepreneurs under the age of 40 has no shortage of technical innovators. But far more prevalent are those who have found the fast track to success by uncovering opportunities in unexpected niches. For example, there’s Theo Kefalas, the 25-yearold who got a taste of the construction business working for his dad as a teenager. He saw the need for a personnel agency catering to that sector, and today he owns three businesses that together generate more than $6 million in revenue. And who’d have thought that cleaning industrial wire would be a growth industry? Thirty-sixyear-old Norman Chow invented an environmentally friendly way of stripping away residue from the manufacturing process, and today supplies 43 wire-makers, including clients as far afield as South Korea and Bahrain. Richard Gibbs found yet another niche in the industrial sector. He looks after the nuts and bolts
of automating industrial processes, such as filling giant vats for winemaker Andres Wines. An electrician by training, Gibbs applies his know-how to the factory floor. It took rare foresight to imagine that supplying massage equipment and plush slippers to health stores and mall kiosks could become a $6-million business. Ron Kline and Ari Schwartz are the visionaries behind Relaxus Products, which has capitalized on the demand for feel-good products. The good news on the technology front is that Vancouver is drawing the best and brightest from south of the border. After founding an IT help line in Phoenix, Arizona, Venus McNabb-Matalon decided the grass was greener north of the 49th parallel. She moved to Vancouver, and continues to oversee 1800-GeeksOnTime, which serves all 50 states through a network of 700 on-call contractors. Gaming whiz kid John Schappert was only 24 when the Florida company he founded was bringing in US$10 million in revenue. After he sold that company to Electronic Arts, Schappert moved to Vancouver, where he heads gaming development for EA’s Canadian operations. The strong showing of software developers among this year’s 40 Under 40 winners bodes well
for Vancouver’s continued strength in that area. Winners include the president of Maximizer Software, the president and CEO of Pivotal Corp., and the senior vice-president and general manager for the Americas for Business Objects. All are under 40 and at the top of their game. Lifestyles seem to have taken a turn for the environmentally responsible among this year’s crop of junior achievers. There are notably fewer SUVs among winners’ personal rides. Three report no car at all, opting for biking, walking and taking transit. One drives an electric hybrid, and another plans to trade in his Saab for a Mercedes Smart Car. The model of choice? Three drive a 500 S series. For those who prefer to rely on the internal combustion engine, the brand of choice among this year’s smart set is Mercedes. Nine 40 Under 40 winners drive a one (including the one planning to buy a Smart Car). The fitness challenge of the year? Climbing Mt. Kilimanjaro. One 40 Under 40 winner has met the challenge, and three plan to. And if you’re doing any gift buying for that successful young entrepreneur on your list, a CD by Thievery Corporation is a good bet. David Jordan Features Editor
TobyBarazzuol RyanBeedie NoahCantor JohnCaputo RobinChakrabarti MarkChaplin NormanChow JamesCrickmoreThompson BillDobie RichardGibbs DarenHancott SteveHegyes MarkHolland BrendaIrwin LeoJohnson RichardKatrusiak ChuckKeeling TheoKefalas RonKline RobKouwenhoven RobKragelj VenusMcNabbMatalon MichaelMcPhie TroyMoreira ClaireNewell MarkO'Dea TinaOsen JanettePantry SimonPimstone MikeRodger ElanaRosenfeld JohnSchappert AriSchwartz DiveshSisodraker EdwardSmith GeraldTritt GregWolfe BarryYates CherylZiola BrankoZurkovic
5 6 12 7 11 13 21 26 11 9 26 10 8 5 23 26 6 24 14 25 13 11 24 10 10 25 25 8 18 13 23 18 14 9 27 12 27 14 23 7
Business in Vancouver
4
January 4–10, 2005
Never Follow audicanada.ca/A6
Lead
Follow
It’s greater to lead than follow. With a dynamic 255 hp V6 that utilizes race-proven FSI® technology, or a muscular 335 hp V8, the all-new Audi A6 exceeds traditional expectations. Together with the exceptional control of quattro® all-wheel drive, the A6 proves the consummate union of power and performance. The all-new A6. Greater power, design and technology.
“Audi,” “quattro,” “A6,” “FSI” and the four rings emblem are registered trademarks of AUDI AG. “Never Follow” is a registered trademark of Audi of America, Inc. ©2004 Audi Canada
Visit www.vancouveraudidealers.com Audi of Richmond Richmond Auto Mall 5680 Parkwood Way Richmond, BC 604-279-9663
Capilano Audi 1151 Marine Drive North Vancouver, BC 604-985-0694
Clarkdale Motors 4575 Main Street Vancouver, BC 604-872-5431
Business in Vancouver
January 4–10, 2005
TobyBarazzuol President, Eclipse Awards International Age: 34 Toby Barazzuol’s knack for courting marquee clients has helped him build Eclipse Awards International into a seven-employee company nearing $1 million in annual revenue. The 34-year-old’s acumen selling awards and recognition products has drawn clients such as Microsoft Corp., Oracle Corp., General Electric, Proctor and Gamble, Royal Bank of Canada, Business Objects, Deloitte and Touche, Telus Corp. and Ballard Power. Barazzuol’s sales to those clients have resulted in his awards sitting in trophy cabinets of recipients such as former U.S. president Bill Clinton, former astronaut John Glenn and actor Martin Sheen. But his proudest business catch was winning the North American Space Agency contract to provide awards to all the companies involved in building the vehicles that crawled on Mars earlier this year after the successful NASA space mission. “They have a mandate that they have to buy American first. But they looked at our website and had heard about the quality of service that we provide and ultimately we won what was a pretty big contract,” he said. As Barazzuol grew Eclipse he kept his eye on social responsibility. He recently joined BC Hydro’s Green Power certificate program and committed to buying 100 per cent of his company’s electricity through Green Power certificates.
Barazzuol moved his company to Vancouver’s Downtown Eastside as much to revitalize the neighbourhood as to flee high rents in Yaletown, where he founded Eclipse in 1998. He is an active board member for the Strathcona Business Improvement Association and is vice-chair of the Strathcona Revitalization Committee. He also chairs the BIA’s visual improvement committee, which hires people to plant flowers, paint murals and otherwise beautify the Downtown Eastside. The graduate of YMCA’s New Ventures Network program also helps entrepreneurs in that program draft effective business plans. ■ Profession you would like to try: Flamenco guitarist or architect Where do you feel most comfortable? Sharing a meal with family or friends Favourite movie: Baraka Currently reading: From Naked Ape to Superspecies by David Suzuki Toughest decision: Leaving a secure job to start out on my own Car: Currently none – waiting for the right Hybrid car Would most like to meet: Jon Stewart of The Daily Show Born: Vancouver, B.C. Last CD bought: Outernational Sound by Thievery Corporation Education: B.Comm, UBC What’s left to do: Expand our business operations into the U.S., transform the Strathcona area into a balanced community and start a family with lots of kids
40 UNDER 40
40 under 40
BrendaIrwin Director of venture capital, Business Development Bank of Canada Age: 39 Brenda Irwin has sat on 10 different corporate boards and has been part of a team negotiating 10 direct investments in B.C. companies worth a total of $33 million. Her biggest investment last year resulted from bringing together a syndicate that invested $8 million in Inimex Pharmaceuticals Inc. As director of the Business Development Bank of Canada’s venture capital division, Irwin chairs Neurostream Technologies Inc. and is currently on a mix of compensation, audit and corporate governance committees for six different corporate boards, including the public company Xillix Technologies Corp. Irwin helped found the Vancouver Biotech Angel Forum and was instrumental getting BDC to sponsor the event. She is also a frequent speaker at biotech industry events. BDC recruited Irwin while she was completing her MBA from the University of British Columbia. Before moving to B.C., she was a middle school science teacher in Ontario. Through it all, she has kept her desire to inspire young minds. Irwin has mentored between three and seven students each year for the past four years as part of her involvement in the Forum for
Business in Vancouver is published by BIV Publications Ltd. at 500–1155 West Pender St., Vancouver, B.C., V6E 2P4. Telephone 604-688-2398; fax: 604-688-1963; e-mail addresses:
[email protected],
[email protected],
[email protected]. New subscriptions are $79.95 for one year, $135.00 for two years, $189.00 for three years. Payment required with order. All prices are subject to 7% Goods and Services Tax. GST #131471674. Copyright 2001. Articles may not be reprinted without permission from the publisher. Reprint info Veera Irani 604-608-5115. PUBLICATIONS MAIL AGREEMENT NO: 40051199. REGISTRATION NO: 8876. Return undeliverable Canadian addresses to Circulation Department: 500–1155 West Pender Street, Vancouver, B.C. V6E 2P4. E-mail: ”We acknowledge the financial
[email protected] US POSTMASTER: Business in Vancouver (USPS 009409) is published weekly by BIV Publications Ltd. Our port of the Government of Canada U.S. subscription rate is $95 Canadian per year. Payment required with order. through the Publications Assistance C/o US Agent–Transborder Mail Unit #103, 34310 Ninth Ave. S., Federal Way, WA 98003-6741. Periodicals postage paid at Auburn, WA. Program towards our mailing costs.” US POSTMASTER: Send address changes (cover only) to Business In Vancouver, c/o Transborder Mail, Box 6016, Federal Way, WA 98063-6016. Retail distribution by Globe Distribution Services.
Women Entrepreneurs, the Vancouver Board of Trade and UBC’s Sauder School of Business. She has also started volunteering at John Oliver Secondary School, teaching basic entrepreneurship and small business skills in the classroom as part of a program targeting youth at risk. She is also a director in the school’s Take a Hike program. Her busy schedule allows her time to be a member of BC Biotech’s finance committee and a committee member for Mary McDonald’s IT and Biotech Financing Forum. Outside work, she likes cycling, keeping in shape and what would appear to most people to be insurmountable challenges. She climbed Mount Kilimanjaro in December 2002 and has her sights on completing an Ironman competition. ■ Profession you would like to try: Adventure travel coordinator Where do you feel most comfortable? Kicking back in Kelowna with good friends Favourite movie: Sound of Music Currently reading: The Agony and the Ecstasy: A Biographical Novel of Michelangelo by Irving Stone Toughest decision: Changing careers and leaving education Car: I use bike and TransLink services Would most like to meet: Condoleeza Rice Birthplace: Woodstock, Ontario Last CD bought: Only You, by Harry Connick Jr. Education: MBA from UBC What’s left to do: Commit to training for, and enter my first Ironman competition
5
6
Business in Vancouver January 4–10, 2005
40 UNDER 40
RyanBeedie President, The Beedie Group Age: 36 Ryan Beedie remembers driving around with his father as a young boy, learning his first lessons about industrial real estate development before he ever set foot in school. “I’d be going around to development sites with Dad, sitting at dinner talking about the business,” he recalled. “It’s in your blood and it becomes intense.” Born and raised in Burnaby, Beedie said he never considered having a career outside of the family business. He joined the company in 1993 and has been responsible for all new development projects and land acquisitions since 1994. Under his command, the company has become the largest landlord of industrial space in B.C., with 4.6 million square feet. After finishing his undergraduate degree at Simon Fraser University, Beedie worked as a chartered accountant at Ernst & Young. After that eight-month stint, he completed an MBA in real estate and finance. The Beedie Group buys land,
designs and builds industrial buildings and then either sells or leases the buildings. In about half of cases it will hold the building and become the landlord, but Beedie said there’s a growing trend of companies buying the building they occupy. “Smaller companies want to own the building,” he said, noting that larger multinationals, on the other hand, will lease their premises. Beedie plans to expand into Calgary while at the same time diversifying into residential and commercial real estate developments. Beedie’s attempted foray into the hockey business is a sore point. He and Tom Gaglardi, CEO of the Sandman Hotel Inn and Suites, attempted to buy the Vancouver Canucks and GM Place but the deal went sour. Beedie spends much of his free time with his wife Cindy and their three kids, ages 10, eight and five. ■
Profession you would like to try: Lead guitarist in a rock band Where do you feel most comfortable? On the beach in Hawaii Favourite movie: After Hours Currently reading: Politicians, Partisans and Parasites Toughest decision: Whether to have a third child Car: Silver BMW 645 convertible Would most like to meet: Bono Born: Burnaby Last CD bought: How to Dismantle an Atomic Bomb, by U2 Education: SFU, UBC What’s left to do: Travel the world
40 under 40
ChuckKeeling General manager, Orangeville Raceway Ltd. Age: 32
• Auditing • Bookkeeping • Small Business Consulting • Taxes: Corporate/Personal/Estate George Wilson-Tagoe BSc., CGA
CERTIFIED GENERAL ACCOUNTANT Suite 1000–355 Burrard St.
[email protected] Vancouver Everyone Welcome
Ph: 604-608-6156 Cell: 604-818-0127
Leadership systems that create powerful companies
Chuck Keeling is managing Surrey’s Fraser Downs through a $25 million redevelopment that will include a state-of-the-art casino. The 32-year-old opened a temporary 200-slot-machine casino at the Cloverdale horse racing track in April and says revenues from that facility are exceeding expectations, though he won’t be specific. Keeling became the general manager of both of Orangeville Raceway Ltd.’s B.C. tracks – Fraser Downs and Vancouver Island’s Sandown Park – when he was 24 years old. His father Jim Keeling had died in a drowning accident and Orangeville’s directors saw promise in the next Keeling generation. Since then, Keeling has grown the Fraser Downs payroll from 200 to 250 employees, and he expects to have about 300 staff within eight months. That’s when construction is slated to be complete on a renovated racetrack that will be home to 400 slot machines. Including contractors such as jockeys and trainers, more than 1,000 people make their living at Fraser Downs. A further 125 people earn their livelihood at Sandown Park, where Keeling expects to start to make site improvements soon. Outside work, Keeling is a director of Teletheatre BC, which operates all off-track betting in BC. He is also a director at Standardbred Canada, which registers Canadian horses and industry participants and at the Winners
Foundation, a charity providing counselling to industry workers who have substance abuse or gambling problems. His other directorships include the Greener Pastures Society, which provides homes for former racehorses and at the BC Harness Racing Hall of Fame where he is a founding director. The total amount bet on horse races at Fraser Downs “has been stagnant the past eight years, which is the whole rationale for us to kick-start the industry through other kinds of gaming,” he said. “We’re about to see some explosive growth.” ■ Profession you would like to try: Pro soccer player Where do you feel most comfortable? Sitting on a boat in a lake Favourite movie: One Flew over the Cuckoo’s Nest Currently reading: Road to Hell: How the Biker Gangs are Conquering Canada by Julian Sher and William Marsden Toughest decision: Terminating an employee Car: Ford Explorer Would most like to meet: Bill Veeck, the former baseball team owner who sent a midget out to hit because he would have a small strike zone Birthplace: London, Ontario Last CD bought: A CD by the band the Tea Party Education: BA from SFU What’s left to do: Build two helicopter pads in the infields of our two racetracks and buy a helicopter so I can easily commute
Business in Vancouver
January 4–10, 2005
40 UNDER 40
JohnCaputo President, Maximizer Software Age: 35 John Caputo has a track record of growing technology companies and bringing them to profitability. When he was Maximizer Software Inc.’s CFO, his plan to cut staff, reduce trade show participation and scrutinize all expenditures helped turn the contact management software developer’s $18-million 2001 loss into a $1.9million profit in 2003. Now a co-president with Tom Bennett, Caputo has also helped expand Maximizer’s share of the contact-management market. Before he joined Maximizer, Caputo was CFO at Velocity Computer Systems, where he stickhandled three acquisitions and guided Velocity through an IPO. Caputo relies on his training as a chartered accountant and knowledge gained during his business administration degree from SFU, where he won the dean’s medal as
the top business graduate in 1992. Caputo’s work has helped Maximizer add more than 600 new corporate customers, pushing the company past 6,000 total customers since its 1995 inception. But his proudest accomplishment is creating a vibrant workplace for his 87 local employees and 77 others scattered around the world. “I wanted to make a culture where this is a great place to work and people are jacked up and motivated to come to work every day,” he explained. Caputo established an “employer of choice program,” whereby about 97 per cent of his employees answered an anonymous survey suggesting ways to better the company. At his staff’s urging, Caputo boosted communication and started hosting quarterly staff meetings and biweekly management meetings. He has also actively encouraged
employee involvement with United Way. Caputo’s started an internal competition with staff divided into Survivor-style tribes. The result was 100-per-cent employee participation, raising a total of $18,000 for the United Way including a corporate donation. “As soon as one department reached 100-per-cent participation, the other departments realized that they had to do that in order to win a prize,” he said. Caputo’s industry involvement includes chairing committees for awards galas at the British Columbia Technology Industries Association. ■ Profession you would like to try: Venture capitalist / investment banker Where do you feel most comfortable? Playing Yu-Gi-Oh! with my two sons Favourite movie: Goodfellas Currently reading: Every Second Counts by Lance Armstrong Toughest decision: To restructure Maximizer Software Car: BMW 740 Would most like to meet: Darryl Sittler (childhood hero) Birthplace: Kamloops Last CD bought: AC/DC Live Education: BBA, CA What’s left to do: Grow personal real estate and mortgage investment portfolio to multi-million level
BrankoZurkovic CEO, Upside Wireless Age: 38 Branko Zurkovic’s computer engineering degree marks him as a techie, but his MBA has helped him convert complex high tech visions into viable businesses. He cut his business teeth by founding, growing and selling the java-language software developer Modena Technologies in the 1990s. Then he had a Eureka moment. He had a cell phone and he realized he couldn’t send text messages across the world. Fido customers were the first British Columbians to be able to text message, he explained. Telus Corp. and Rogers Wireless soon started offering the service, but initially they only gave subscribers the ability to message fellow subscribers, he added. Zurkovic realized that enabling text messages to reach all cell phones worldwide could be big business. He founded Upside Wireless with the intention of developing just such a capability. Telecommunication companies have since developed their own technologies expanding their subscribers’ abilities to text message. Telus subscribers, for example, can send messages via an inter-carrier service to 25 coun-
7
tries. That doesn’t phase Zurkovic. “We offer a text messaging platform that can send and receive messages with any cell phone on the planet – from Uganda to Iran to Brazil,” he said. Having landed marquee clients such as Microsoft Corp. and Apple Computer, Inc., Zurkovic has 150,000 global users of his text messaging platform, and 97 per cent of those are outside Canada. Zurkovic has guided Upside Wireless to a profitable $1 million in 2004 revenues. He expects revenue to grow exponentially very soon. Zurkovic explained that text messaging is more popular globally than e-mail, and predicts that North America will join the rest of the world in the text messaging revolution. Text messaging will catch on quickly, he predicts, because senders pay for the correspondence. With email, it is the recipients who pay, which opens the door to spam. Now in 1,000 square feet of office space on Thurlow Street, Zurkovic is active with the Wireless Innovation Network of British Columbia, the British Columbia Technology Industries Association and the Vancouver Enterprise Forum. He also spends time with his wife Tania and their three children. ■
40 under 40
Profession you would like to try: Photographer Where do you feel most comfortable? My backyard Favourite movie: Usual Suspects with Kevin Spacey Toughest decision: To come to Vancouver and not to the U.S. Car: Mercedes SUV Would most like to meet: Intel founder Andy Grove Birthplace: Subotica, Serbia Last CD bought: Eric Clapton box set Education: Computer engineering degree from University of Novi Sad in Yugoslavia; MBA from SFU What’s left to do: Climb Mount Kilimanjaro
“Building the Bridge Between Business and Technology”
www.whitetigertechnologies.com
tel. 604.609.6606
8
Business in Vancouver January 4–10, 2005
40 UNDER 40
JanettePantry Partner, Borden Ladner Gervais Age: 35 One of Borden Ladner Gervais’s youngest Vancouver partners is also one of its rare partners without a law degree. Janette Pantry, 33, joined BLG in 2002 and boosted the firm’s ability to work with Crown corporations. She spent 2001 working at the B.C. government’s Crown Agencies Secretariat assisting with a core review of B.C.’s Crown corporations. She had racked up six years’ experience in accounting at Sheinin and Co., articled at Deloitte LLP and achieved one of the top 10 marks in B.C. on the final exam to become a chartered accountant in 1994. Pantry beat a well-worn path to BLG. Her career mentors, Bruce Sinclair and Robert Kopstein, both left Sheinin and Co. for BLG two months before she joined the firm.
“While working towards my chartered accountant designation at Deloitte, I quickly realized that a career auditing financial statements would not be for me,” Pantry explained. Her passion was always tax work. BLG has used Pantry’s nose for tax and experience with Crown corporations to benefit clients. She advised B.C. Ferries Corp. on income tax matters when the government body restructured in 2003. She also worked as part of BLG’s team advising British Columbia Railway Co. and the provincial government on aspects of its arrangement to sell B.C. Rail shares to CN Rail. Outside her casework, Pantry has built a profile in provincial and federal tax communities. “I have authored and presented courses on corporate tax matters for the Institute of Chartered Accountants of British Columbia,” she said. “In addition, I have presented papers at both the
MarkHolland Principal, Holland Barrs Planning Group Inc. Age: 38 Mark Holland spearheaded early sustainable urban planning initiatives in Vancouver that resulted in the development of Southeast False Creek and prompted the City of Vancouver to adopt its green strategy. His work also encouraged real estate developers to build LEED-
certified buildings and helped the City of Vancouver win a national honour award from the Canadian Institute of Planners for the False Creek neighbourhood. Holland was a city planner on staff at the City of Vancouver from 1997 to 1999. He left to found the private consulting firm Holland Barrs Planning Group Inc. and hone its specialty in urban planning. He has since added a business partner and three staff.
%#/./-)# /54,//+ 4HE "# ECONOMY IS GROWING STRONGLY WITH PERFORMANCE BETTER THAN IN MANY YEARS 4HE GROWTH IN DEMAND FROM THE 53 AND !SIAN ECONOMIES COUPLED WITH STRONG RESIDENTIAL AND OTHER CONSTRUCTION IN "# PLUS THE RESULTS OF PROGRESSIVE PROVINCIAL GOVERNMENT POLICIES HAVE COMBINED TO PLACE THE PROVINCIAL ECONOMY ON A VERY STRONG FOOTING 7ILL THIS CONTINUE THROUGH 7HAT GLOBAL DEVELOPMENTS ARE LIKELY TO AFFECT THE SITUATION 7ILL THE STRONG #ANADIAN DOLLAR AND INTEREST RATES MODERATE GROWTH #OME HEAR EXPERT OPINIONS ON THESE KEY PERSPECTIVES AS WE MOVE INTO THE CHALLENGES OF
*OCK ! &INLAYSON %XECUTIVE 6ICE 0RESIDENT 0OLICY "USINESS #OUNCIL OF "RITISH #OLUMBIA (ELMUT 0ASTRICK #HIEF %CONOMIST #REDIT 5NION #ENTRAL OF "RITISH #OLUMBIA +EITH 3ASHAW 0RESIDENT 6ANCOUVER 2EGIONAL #ONSTRUCTION !SSOCIATION $R 2ALPH 7 (UENEMANN 0ROFESSOR OF )NTERNATIONAL "USINESS &ACULTY