BUFFALO, N.Y. -- A team of six MBA students from the University
at Buffalo School of Management will share a $2,000 prize as winner
of the school’s eighth annual Steven C. Verney MBA Case
Placing first in the event were Ying-Hui Chen of Taipei, Taiwan;
Justin Cicatello of Amherst; Aaron D’Angelo of Rochester;
Frank Koelbel of Cicero; Ishita Mehta of Buffalo and Prashant
Ranjan of Mumbai, India.
The second place team of Mathew Beck of Depew; Curtis Boyle of
Hamburg; Swati Priya of Pune, India; Kelsang Tsomo of Jawalakmel,
Nepal; and Michael Watson of Glenmont will share a $1,000
Members of the third place team were Michael Holt of Fredonia;
Kevin Lelonek of Lancaster; Vivian Ka Yan Poon of Sha Tin, N.T.,
Hong Kong; Ashith Shetty of Mangalore, India; and Nailah Sinclair
of Buffalo. Each received $100 prizes.
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 late April and
early May, and the award winners were announced on May 6.
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.
Judges for the competition included Gregg Fisher, operations,
LEKI USA; Tom Maxian, general manager, American Medical Response;
Adam Pratt, president, Sherex Fastening Solutions; George Narby,
interim chief medical officer, Kaleida Health; Rich Stauffer, vice
president, Sherex Fastening Solutions; Tom McManus, chief executive
officer, KegWorks; and Nora Eberl, CFO and co-owner, Eberl Iron
A number of high-level administrators from the university and
second-year MBA students also served as judges.
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 also
has been ranked by Bloomberg Businessweek, the Financial Times,
Forbes and U.S. News and World Report 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.