Henry B. Reiling, HBS professor emeritus, dies at 80

first_imgHenry (Hank) B. Reiling, Harvard Business School’s Eli Goldston Professor of Business Administration, Emeritus, and an authority in law, taxation, and finance whose extraordinary teaching abilities and course development had a profound impact on thousands of M.B.A. students and business leaders, died on Jan. 21 in Belmont, Mass. He was 80 years old.Reiling joined the Harvard Business School (HBS) faculty in 1976 and was appointed the first Goldston Professor in 1978. He retired in 2005 but remained active as a Baker Foundation Professor until 2012.Reiling taught finance in the School’s M.B.A. required curriculum and a number of elective M.B.A. courses, including the popular Tax Factors in Business Decisions. He co-designed and taught Leadership and Corporate Accountability (LCA), the School’s first required course to examine the ethical, legal, and economic responsibilities of corporate leaders. It embodied a management philosophy shared deeply by Reiling, who encouraged his students to achieve success “with good judgment and the right way.”Reiling believed “that great leaders are motivated by their concern for other people, or by causes greater than themselves, and that our nation’s social problems will not get solved unless innovative businessmen, who sense a changing world and feel challenged, react in a fashion likely to produce profit, as well as imaginative response to social need.”“Hank Reiling was a gifted colleague who left an indelible mark on the School over four decades,” said HBS Dean Nitin Nohria. “Working closely with him on the development of LCA, I saw firsthand how he leveraged his expertise and experience to help students understand not just the legal issues business executives face, but also the ethical responsibilities and qualities of business leadership required in a constantly changing world. Hank was a beloved professor who guided and mentored generations of students. He also was a true gentleman scholar, who touched all who had the privilege of knowing and learning from him.”In addition to teaching M.B.A. students, Reiling was actively involved in the School’s executive offerings. For years he taught and chaired Finance for Senior Executives, and co-chaired Strategic Finance for Smaller Businesses. He also taught in the School’s program for international senior managers, held in Boston and Vevey, Switzerland.Reiling brought a unique set of interests to the School that reflected his multidisciplinary training in law and business. He had a wide and deep knowledge of the legal process and how it evolves and changes, and a keen understanding of tax issues and matters of corporate finance.His research focused on the intersection of law, accounting, and finance. He most recently studied the complex issues confronted by family businesses as their leadership transfers between generations.He is the co-author of “Business Law: Text and Cases” (1982) and articles in Harvard Business Review, Michigan Law Review, the Journal of Accountancy, and other leading journals. A prolific case writer, he produced dozens of HBS case studies, notes, and other teaching materials.Henry B. Reiling was born Feb. 5, 1938 in Richmond, Ky. He spent his college years on Chicago’s North Shore at Northwestern University, where he received a degree in history. He went on to earn an M.B.A. from Harvard in 1962. He received a J.D. from Columbia in 1965.Prior to joining the HBS faculty, Reiling was a professor at Columbia Business School, where he won several distinguished teaching awards, and was a visiting professor at Stanford Graduate School of Business.A dapper man known for his immaculate dress and Southern charm, Reiling was widely admired and respected by students and faculty alike.With his aphoristic wit, he leavened even the most complex course material. “Hank communicated dense and at times dry subject matter clearly, simply, and with homespun charm,” recalls former student Sam Mencoff, M.B.A. ’81. “But what I remember most was not finance and tax theory, but Hank’s consistent emphasis on the importance of maintaining one’s ethical compass in business and in life,” adds Mencoff, who carried Reiling’s legacy of influence into his career. To honor Reiling, Mencoff and Greg Wendt, M.B.A. ’87, established the Professor Henry B. Reiling Fellowship Fund at the School in 2011. The fund held special meaning for Reiling, whose father died when he was 4 years old, and mother worked countless over time to pay for his and his sister’s higher education. “I’m sure there are many prospective HBS students today who will appreciate this fellowship as much as I did the financial support I received,” he said.Reiling’s lessons on life and leadership were published in the 2004 book “Remember Who Are: Life Stories that Inspire the Heart and Mind,” by Daisy Wademan, M.B.A. 2002, a collection of essays on personal leadership by 15 HBS faculty members.Reiling made many important contributions outside the classroom. He chaired a variety of University and professional committees, including Harvard’s Advisory Committee on Shareholder Responsibilities, and a Task Force of the American Bar Association, which effected a change in the federal taxation of stock purchase warrants.He co-founded a successful financial services company, and served as a director or advisory board member of more than a dozen for-profit (publicly traded and privately owned) companies and nonprofit organizations, including Northwestern University, where he was a trustee.After retiring from HBS, Reiling continued conducting research on family business succession while serving on several business, foundation, and educational institution boards, including the Board of Visitors of Northwestern University’s Weinberg College of Arts and Sciences. For years, he was Northwestern’s Boston-area Regent.A long-time resident of Lexington, Mass., Reiling is survived by his wife Carol and by children Christina R. Breiter, M.B.A. ’93, and her husband Hans C.R. Breiter; Maria H. Reiling, M.B.A. ’96, and her husband Reza Jamei; and Alexis Reiling Lessans and her husband Gregory P. Lessans; and nine grandchildren.Visiting hours will be Friday (Jan. 25) from 4 to 7 p.m. at Douglas Funeral Home, Lexington, Mass. The service will be held on Saturday at 1 p.m. Hancock Church in Lexington, with a reception to follow at the family house 28 Meriam St., Lexington. In lieu of flowers the family has requested donations be sent to the Professor Henry B. Reiling Fellowship Fund, by mailing to HBS Development Operations, Soldiers Field, Boston, MA 02163. Checks made payable to: Harvard Business School.For more information, visit the HBS website.last_img read more

College Democrats named top club

first_imgWhen the leaders of Notre Dame’s 334 student clubs were notified about the nomination process for the Club of the Year award, the officers of the College Democrats of Notre Dame knew they had a legitimate chance at receiving the honor.“We listed all our accomplishments throughout the year, and we knew we would be competitive for the award given the consistency of club events and the number of students getting involved,” junior Chris Rhodenbaugh, co-president of College Democrats for 2009-10, said. Rhodenbaugh attributed the club’s recognition to the consistency of club activity, including the weekly efforts of students working on health care reform, energy issues and various foreign policy matters.Senior Henry Vasquez, co-president of College Democrats, said the club’s success has been a result of its strong ties to students and other campus organizations.“The success of the club is inextricably tied to the vision of the College Democrats — to become a nexus for the progressive community at Notre Dame,” Vasquez said. “I imagine that we benefited from the nomination process because of our strong relationships with so many students and organizations who were able to express their support for our club.”The club, which regularly attracts 25 to 40 members at weekly meetings, has achieved several substantial goals throughout the year, including helping secure 2nd district Rep. Joe Donnelly’s and Sen. Evan Bayh’s, both Indiana democrats, votes for the national health care reform bill.“We made over 6,000 calls for health care reform this year,” Rhodenbaugh said. “We also wrote a letter to Congressman Donnelly and issued a press release explaining our commitment to working for candidates who vote for health care reform.”Rhodenbaugh also said the press release emphasized that the club holds its leaders accountable for their actions and has expectations for the leaders it worked hard to elect in 2008. In addition, Rhodenbaugh said winning the award outside of an election year and on a limited budget speaks to the dedication of the club’s members.“It’s a real honor to win this award because it shows the commitment of our members to changing American politics and accomplishing the goals of the president we worked so hard to elect,” Rhodenbaugh said. “Political activism is an essential part of being an American citizen, and I’m proud that so many students were involved in the political process.”The high level of commitment of members of College Democrats has allowed the club to operate over 20 phone banks in cooperation with Organizing for America, co-sponsor a city-wide health care rally, maintain consistent weekly club programming and work extensively on issues such as clean energy, GLBT rights, foreign policy and labor, Rhodenbaugh said.“We see ourselves as a club that works hard for candidates and issues that has made a legitimate impact in South Bend and our country,” Rhodenbaugh said. “We also serve the purpose of getting students involved and developing the future leaders of our country, regardless of whether or not students end up in politics.”Vasquez echoed Rhodenbaugh’s thoughts on the club’s role in the local and national political realms and the dedication of its members.“Our members are an enthusiastic and cohesive family and they don’t stop being College Democrats when the meeting is over,” Vasquez said. “We are especially proud of our relationship with the South Bend community and the entire state of Indiana.”Rhodenbaugh also cited a commitment to social justice as the motivation for the club’s goals of reforming the political system. He said he believes that the club’s high level of activism has helped change perceptions of Notre Dame students as predominantly Republican while adhering to the principles of Catholic Social Teaching.“Much of our activism has been rooted in a holistic interpretation of Catholic Social Teachings,” Rhodenbaugh said. “We have worked hard to open minds and challenge traditional views about religion and politics on this campus, and we have had a lot of success.”last_img read more

Switchback Results: More Money, More Problems

first_imgAre Races Too Expensive? YES: 77%Races have gotten increasingly more expensive, often pricing out newcomers or even those who enjoy racing but may not be on the podium. It also deters those that have to travel to races. The cost of traveling (fuel, food, lodging, etc.) is becoming so high that the extra cost of the entry fee might be enough to make me decide to just go out on the local group ride instead.—Paul Muething, Richmond, Va.I wish some runs would forgo chip timing and the short sleeve shirts that accumulate unused in my closet. If charity is the point, get imaginative and solicit donations on the entry form, sell higher-end gear, and advocate your cause.— Robert 2.0, Blacksburg, Va.Cost prevents me from participating in all the races I’d like to try.—Robert, Hermitage, Tenn.NO: 13%Most races donate some of the proceeds to charities, and it takes a lot of money to promote and plan an event like a race.They would be more expensive if they paid everyone who works to make them happen.—Virginia Faircloth, Charlotte, N.C.It is easy to sit on the sidelines and say a race is too expensive without knowing the full realities of what it takes to put on an event. I am not a race director nor do I work in the industry. However, I participate in and volunteer at enough events to know that race directors are not retiring at 40. In a lot of cases, RDs are volunteers themselves. Don’t judge a man/woman/race until you have run a few miles in their shoes.—Jeremy, Brunswick, MaineAn entry fee is a small portion of the expense to race, and the money usually goes to a charity—or to putting on the future races.—Rick Stein, Lynchburg, Va.Should College Athletes Be Paid?NO: 83%The commercialization of collegiate athletics is deplorable. Who would get paid? Most likely, only football or basketball players. Instead of paying players, the NCAA should do something for the schools considering how much money they make off them.— William O., Lynchburg, Va.College athletes are getting an education that cost tens of thousands of dollars per year. That is their payment for playing sports.—Jackie, Gallatin, Tenn.Do Division I schools pay or do all levels? Do you only pay those athletes playing the big sports or all sports? Is there a cap on paying or do colleges with the cash pay the most like pro teams? Too many questions that can never be answered fairly for all.—Bill, Raleigh, N.C.YES: 17%Universities and the NCAA make so much money off of the athletes that there is no good reason why they should not share the profits. Most of these young athletes do not have support from home to provide them wth a quasi-normal collegiate experience.—Ryan, Kernersville, N.C.Yes, colleges make billions and coaches make millions, but if athletes get injured, they lose their scholarships. If nothing else, put royalties from the video games that use their likenesses into a trust fund that they can get after college.—ADK, Los Angeles, Calif.last_img read more

5 Long Islanders Competing in 2018 Winter Olympics

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Five athletes from Long Island are among 242 members of Team USA going for the gold in the 2018 Winter Olympics, which runs Feb. 9 to 25 in PyeongChang, South Korea.Hometown heroes competing on the world’s stage include ice hockey defenseman Matt Gilroy, Skeleton athlete John Daly, Luge athletes Justin Krewson and Matt Mortensen and freestyle skier Devin Logan, who’s also competing in the ski halfpipe competition.“Qualifying for the Olympic team is pretty tricky and sometimes it even confuses me – throw in two disciplines and it is a complicated math equation,” said Logan. “I am still in a little bit of shock that something that I had worked so hard for the last eight years is now my reality!”Of the five, Daly is the most tenured with three Olympic appearances under his belt, Mortensen and Logan are making their sophomore effort while Gilroy and Krewson are first timers. Freeskier Logan is the only one to have medaled, bringing home silver in the 2014 Sochi Olympics slopestyle competition.The last winter Olympian from LI to take home gold was Great Neck-born figure skater Sarah Hughes in 2002.Vying to be LI’s first gold medalist since then is 33-year-old Gilroy, who was born in Mineola and grew up in North Bellmore. He previously played for the New York Rangers before moving to Russia, where he is currently signed to the Kontinental Hockey League.Huntington Station native Mortensen, 32, is aiming for a doubles luge medal with his partner, Jayson Terdiman. Mortensen finished 14th in the Sochi Olympics.Olympic rookie Justin Krewson, 21, of Eastport, will be making his debut luge run in Seoul. He placed 6th in 2017 Lake Placid World Cup to secure Olympic berth.Olympic veteran Daly, 33, originally from Smithtown, is hoping to continue to improve his showing in the Skeleton competition after placing 17th in the 2010 Vancouver Olympics and 15th in the 2014 Sochi Olympics.“I went for 1 more Olympics because I never wanted to look back and say ‘what if,’” he tweeted. “I thought it was impossible to qualify with a year of training & a full time job. But I’m a dreamer, and I’m proof that you’re never too old to dream a new dream.”A sixth Long Islander, Alex Gamelin, an ice dancer who grew up in North Merrick, will also be competing, but not for Team USA. He will be skating for South Korea with his partner, Yura Min, the Merrick Herald reported.last_img read more

Putin eases Russia’s stay-at-home orders as cases soar

first_imgThe Kremlin introduced the measures in late March, saying Russians not working in essential jobs would have to stay at home but still receive their salaries as part of sweeping efforts to contain the virus.The move brought uncertainty to the economy already grappling with low oil prices, with business owners struggling to pay full salaries to employees while shutting their doors to customers.”Starting from tomorrow, May 12, the national period of non-working days will be over for all sectors of the economy,” Putin said during a meeting with officials responsible for the country’s virus response.The president said that Russia’s regions, which were given leeway to introduce different anti-virus measures, would be able to keep in place any restrictions necessary to contain the pandemic. President Vladimir Putin on Monday said stay-at-home orders for most workers in Russia would be eased this week even as the country registered a record increase in new coronavirus infections.With more than 220,000 confirmed cases and a steady surge of more than 10,000 new coronavirus cases every day, Russia now ranks fourth in a global tally of total infections after the United States, Spain and Britain.Despite virus figures that suggest the pandemic in Russia shows no sign of slowing, Putin announced that the country’s “non-working” period to slow the pandemic would end on Tuesday. ‘Strict demands’ Health officials Monday said Russia has a total of 221,344 coronavirus infections, with around half of the total cases in the capital.Moscow Mayor Sergei Sobyanin last week extended a lockdown in the capital until the end of May and ordered residents to wear masks and gloves on public transport.Yet Sobyanin has also said that some industries and construction sites can begin work this week.Putin on Monday said that Russia had used the self-isolation period to prepare its healthcare system, increasing the amount of hospital beds and saving “many thousands of lives”.This “allows us to begin a gradual lifting of restrictions”, he said.Russia’s reported mortality rate is much lower compared to other European countries hit hard by the pandemic, with 94 new deaths and 2,009 dead from the coronavirus as of Monday. Yet critics have cast doubt on the numbers, accusing the authorities of under-reporting deaths.With the epicenter of the pandemic in and around Moscow, some regions beyond the capital have already begun to relax the restrictions, which have seriously affected the economy.”It is in the interest of all of us for the economy to return to normal quickly,” Putin said, adding that construction, agriculture and energy should be restarted first.”The epidemic and associated restrictions have had a strong impact on the economy and hurt millions of our citizens,” he told officials during the meeting.As people begin going back to work, mass events are still suspended and “strict sanitation demands” must be observed, Putin said.Sparsely-populated Yakutia, Magadan and Yamal lifted restrictions on being outside and allowed the reopening of some businesses, requiring people to self-distance.The pandemic poses a serious political threat to Putin with the president’s approval ratings at historic lows and mass events, including a national ballot and a landmark military parade, cancelled due to the virus.Russia’s neighbors Ukraine and Georgia began to relax restrictions Monday, while Kazakhstan lifted its state of emergency. Topics : The president’s announcement, broadcast on state-run television, comes after Russia registered a record number of daily cases with more than 11,000 people testing positive over the last 24 hours.Officials have said the rise of the daily rate is in part due to aggressive testing, even of those showing no symptoms. The government says it has carried out more than 5.6 million tests and Putin on Monday vowed to double capacity to 300,000 daily tests by mid-May.last_img read more

Kids’ voices ‘absent in CYF complaints’

first_imgStuff.co 13 Sept 2013Child, Youth and Family has been criticised for not listening to children, with a review calling for stronger scrutiny of the organisation.Former police commissioner Howard Broad says in his review that the independent Office of the Children’s Commissioner did not have enough money to do its job as watchdog for vulnerable children.While the office did “good work” on limited funds, it was operated like a “boutique unit” and got only a fraction of the funding of its cousin in Australia, he said.Last year it did not carry out any investigations, and was not expecting to do any this year either. “That is unacceptable,” Mr Broad said.His report calls for more rigorous oversight of CYF, preferably from a better-funded children’s commissioner.The latest figures show CYF receives about 550 complaints over a year. In the year to June 2012, 63 children were abused while under CYF care, including 23 abused by 22 CYF-appointed carers.Children’s Commissioner Russell Wills declined to comment while the report was being considered by the minister.http://www.stuff.co.nz/dominion-post/news/9160350/Kids-voices-absent-in-CYF-complaintslast_img read more

Adequate ‘WASH’ facilities needed before face-to-face classes resume

first_imgStudents at the Tipas Elementary School in Taguig City wash their hands. Sen. Sherwin Gatchalian, chairman of the Senate Committee on Basic Education, Arts and Culture, says adequate “WASH” facilities are long-term investments that would help schools observe proper hygiene and sanitation. FILE PHOTO/ABS-CBN Sen. Sherwin Gatchalian underscored that adequate WASH facilities are long-term investments that would help schools observe proper hygiene and sanitation even if coronavirus disease 2019 (COVID-19) is contained “Kasama sa pagbangon ng ating sistema ng edukasyon mula sa naging epekto ng COVID-19 ang pagkakaroon ng sapat at malinis na tubig sa bawat paaralan, pati na ng mga pasilidad at programang pang-kalusugan at pang-kalinisan,” he added./PN WinS aims to provide a comprehensive, sustainable, and scalable school-based water, hygiene, sanitation, health education and deworming program to achieve learning and health outcomes. “Hindi na kailangan ng pandemya para ipaalala sa mga eskwelahan ang importanteng mga bagay na ito. Pero dahil sa krisis na dulot ng COVID-19, kailangang magdobleng ingat tayo at laging maging handa para mapanatili ang kaligtasan at kalusugan ng mga mag-aaral, guro at kawani ng paaralan,” said Gatchalian.center_img The DepEd reported last year that only half of 35,005 schools that participated in its ‘WASH in Schools’ (WinS) program have access to group handwashing facilities with soap and water available. DepEd also revealed that 37.4 percent of schools practice daily supervised handwashing. MANILA – The Department of Education (DepEd) should fast-track the installation of water, sanitation and hygiene facilities (WASH) in public elementary and secondary schools before allowing face-to-face classes. “These facilities are important to keep learners, teachers, and school personnel safe from the threat of other preventable diseases,” Gatchalian said. “Soap, sanitizers, and alcohol should always be available in schools when physical classes resume.”last_img read more

Margaret J. Henson

first_imgMargaret J. Henson, 92, of Moores Hill passed away Wednesday, December 5, 2018 at her home. Margaret was born Wednesday, February 3, 1926 in Cincinnati, Ohio the daughter of Frank and Jane (Millward) Etzel.  She was a member of Christ Church in Cincinnati, a past member of the Milan Legion Auxiliary and worked for Dearborn County Hospital in central supplies department.  She enjoyed crocheting, baking cookies and candies for the military around Christmas, loved watching westerns and WWE on TV.Margaret is survived by son Raymond (Sharon) Rodmaker of Moores Hill, 7 grandchildren, many great grandchildren and 1 great great grandchild.  She was preceded in death by her parents, son Frank Rodmaker, daughter Sandy McFarland and brothers Frank and Tom Etzel.Funeral service will be held at the convenience of the family.  Memorials may be given in her honor to the American Breast Cancer Society.  Sibbett-Moore Funeral Home entrusted with arrangements, P.O. Box 156, Moores Hill, IN 47032, (812) 744-3280.  You may go to www.sibbettmoore.com to leave an online condolence message for the family.last_img read more

Corruption, money laundering charges: Trial of ex-IAAF boss starts

first_imgRelatedPosts Ex-IAAF boss bags two-year jail term Ex-IAAF boss, Diack faces four-year jail term Ex-IAAF boss Diack admits to delaying doping cases The trial of Lamine Diack, the former president of the IAAF (World Athletics), is to start in Paris, France on Monday (today). The Senegalese 86-year-old was the head of athletics’ world governing body for 16 years, from 1999 until 2015, when he was succeeded by Seb Coe. Diack has been under house arrest in Paris since November 2015 and his trial, in which he faces corruption and money-laundering charges, comes after four years of investigation by French authorities. Former IAAF anti-doping director Gabriel Dolle and Diack’s former advisor Habib Cisse are also set to stand trial. The trial also involves Diack’s son Papa Massata Diack, a former IAAF marketing consultant, plus former Russian athletics federation president and honorary treasurer of the IAAF Valentin Balakhnichev and former senior Russian coach for long-distance walkers and runners Alexei Melnikov, but they are not expected to attend the trial in person. All six men deny their charges. In 2016 Papa Massata Diack, Balakhnichev and Melnikov were given life bans from athletics and later filed appeals at the Court of Arbitration for Sport (CAS) against their sanctions, while Dolle received a five-year ban. The three life bans were upheld by the CAS in 2017. According to the Guardian, French investigators are due to claim in court in Paris that Lamine Diack “offered a deal to delay doping sanctions against 23 Russian athletes in exchange for $1.5m in funding to help a friend win the 2012 Senegalese presidential election”. The Guardian added that Papa Massata Diack had told the newspaper that the allegation is false.Tags: IAAFLamine DiackSeb Coelast_img read more