BUFFALO, N.Y. -- A team of five MBA students from the University
at Buffalo School of Management will share a $2,000 prize as winner
of the school’s seventh annual Steven C. Verney MBA Case
Placing first in the event were Satya Chavali of Hyderabad,
India; Nicholas D’Ambrosio of Rochester; Meghan Lafferty of
East Aurora; Yoshiki Moroe of Tokyo, Japan; and Michael Simich of
All first-year MBAs in the school’s full-time program took
part in the competition. Eighteen teams made presentations to six
panels of judges over the course of four days in April, and the
award winners were announced on April 29.
Each team was assigned a separate case focusing on a distressed
company facing serious operational and financial issues.
Participants had to formulate a plan to turn around the troubled
company and improve its long-term prospects for survival.
The competition was created exclusively for first-year MBA
students at the UB School of Management through a donation from
Steven C. Verney, executive vice president and chief risk officer
at Allstate Insurance Co. in Chicago, who received his
bachelor’s degree from UB in 1980 and his MBA in 1981.
Several judges from UB also participated: Arjang Assad, dean,
School of Management; Beth del Genio, chief of staff for UB
President Satish K. Tripathi; Katherine Ferguson, associate dean of
academic programs, School of Management; Saira Hasnain, director,
enterprise infrastructure services; John Ho, SUNY Distinguished
Service Professor of Physics, vice provost for graduate education
and dean of the Graduate School; Laura Hubbard, vice president of
finance and administration; Nancy Kielar, assistant vice
president/chief of staff, CIO Administrative Operations Office; Amy
Monin, research administrator, Department of Electrical
Engineering; and Courtney Walsh, assistant dean of executive
education, School of Management.
The second-place team received a prize of $1,000.
The UB School of Management is recognized for its emphasis on
real-world learning, community and economic impact, and the global
perspective of its faculty, students and alumni. The school has
been ranked by Bloomberg Businessweek, the Financial Times, Forbes,
U.S. News & World Report and the Wall Street Journal for the
quality of its programs and the return on investment it provides
its graduates. For more information about the UB School of
Management, visit http://mgt.buffalo.edu.