Tuck School

Once again we find ourselves in the midst of an exciting and rewarding placement schedule with 180 companies, give or take a few, coming to Tuck School to interview second-year students. Inasmuch as there are only 95 interested second-year students, the high ratio of companies per student makes for a very good job-seeking environment for the Class of 1966 at Tuck.

Dean Hill has been particularly active in the past month attending a special meeting of deans for member schools of the American Association of Collegiate Schools of Business in St. Louis and attending also a meeting in Miami of the Council of Educational Advisors of the American Institute for Property and Liability Underwriters. In addition, Dean Hill has been recently appointed by the Secretary of Defense to assist in managing the Defense Logistics Management Training Program and, in conjunction with this assignment, recently visited the Army Management Engineering Training Agency at the Rock Island arsenal.

Professor Davis has acted as moderator on a panel for Creative Review Process at an Association of National Advertisers Workshop. Rounding out faculty activities, mention should be made of a book which is being published in February entitled "Hospital Policy Decisions" written by Professors Broehl, Guest, Hennessey and ArthurMoss. This book is being published by G. T. Putnam.

The past few weeks have seen numerous speakers come to the Tuck School including Roy Abbott and George Denniston of the Chase Manhattan Bank, both alumni of Tuck, who lectured to two sessions of the commercial bank management class on bank loan management. Also, Harrison Dunning '30, president of Scott Paper Company, addressed the entire School on the question of business and job selection. G. M. McKibben, president of the Green Mountain Power Corporation, addressed the long-term finance class on a topic entitled "Rate Making Problems of Electric Utilities."

And now to news of our Tuck alumni.

Professors Bower and Williamson are engaged in a study of Pension Funds, including methods of measuring performance, setting objectives and selecting portfolios. A review of "Pension Funds: Measuring Investment Performance" by Professor Williamson in this issue of the ALUMNI MAGAZINE refers to some of the results of their work. A. F. Smith '20 has announced that he will retire after some 43 years with the Hartford Courant, of which he has been general advertising manager. E. A. HammesfahrT'29 recently became an associate of the firm of Boyden Associates, Inc., consultants to management on executive selection in New York City.

The First National Bank of Boston has been in Tuck's news, with Richard HillT'42 being named an executive vice president and E. Morton Jennings Jr. T'29, father of Charles Jennings '66, elected a senior vice president. The Consolidated Cigar Association announced in January the election of Philip E. Penberthy T'47 as vice president. Phil joined the firm as an assistant marketing director. Paul Twomey T'49 has been named controller of Raytheon Company's Missile Systems Division, having served as controller for the company's Distributor Products Division and the Microwave and Power Tube Division prior to his present assignment.

Philip Christophe T'55 has been named manager, marketing power and control division of Louden Advertising, Inc. of Boston. Jack Billhardt T'57, recently elected director and vice president of Smith, Barney & Company, was named to represent that firm on the floor of the New York Stock Exchange. Jack has been manager of their institutional sales department. Going back to the First National Bank of Boston, we hear that Christopher Van Curan T'58 has been promoted to senior operations officer. George Martinson T'59 has been named communications superintendent of data by the New England Telephone and Telegraph Company.

From Pittsfield, Mass., comes word that Richard Noel T'62 has been named assistant trust officer of the First Agricultural National Bank within the field of trust, new business and customer service.

At General Foods, Pete Aydelott T'64 has been promoted to assistant product manager on fruit-in-the-box cereals. Pete started in 1964 as marketing assistant in the Memphis district and went to headquarters at White Plains last year as product promotion assistant. Jack Pingel T'65 of Post is now product assistant on cereals for General Foods. Jack started last July as a marketing assistant with Post and recently completed a sales training assignment in the Boston district. And finally, out on the West Coast, Paul Solomon T'65 is very happy with Boeing Aircraft. Paul switched from finance to the engineering product development department and both he and Marilyn are enjoying themselves in the balmy climate of the Pacific Northwest.