Class Notes

1957

NOVEMBER 1989 Adam Block
Class Notes
1957
NOVEMBER 1989 Adam Block

One savings and loan that's bucking the trend by doing well is Home Federal in San Diego, Calif. BobAdelizzi has been president and chief operating officer since 1981. Under his leadership, the number of Home Fed branches has increased significandy, assets have nearly tripled, and net earnings have nearly quintupled.

How did this all happen? Well 30 years ago, Bob found himself in San Diego commanding a Marine Corps platoon and playing center and middle linebacker for a semipro team. Following active duty, Bob started law school and joined his present employer as a part-time real estate appraiser. He had planned to move on after earning his law degree, but HomeFed's legal department made the offer that kept him on board. Over the years Bob served as general counsel, senior and executive vice president before becoming top gun.

One of HomeFed's community activities is sponsorship of an annual 13-mile halfmarathon. Last year, Bob decided he'd both fire the starting gun and join the runners. This August he shaved eight minutes off his 1988 time and has come to regard running as an indispensable source of energy for a demanding job.

After years in academe as dean of the law schools at the universities of Kansas and lowa and then partner in a Cedar Rapids firm, Larty Blades is now practicing law in his own office. About five years ago, he and another lawyer bought a building, remodeled it, and hung out their own shingle. Larry likes the current setup very well. He is particularly pleased that son Chuck '80 will join the office in November after four years of practicing law in Chicago. Larry's other big news is that the living room window of daughter Lynn's apartment in Chicago has a great view of the Cubs' home games.

Larry and wife Beverly are already planning to be at our 35th reunion. They missed the last one only because the day before they were to come East, a tennis partner in a tournament crashed into Beverly while poaching an overhead shot clearly hers.

In April, Garvey Clarke was named president of the Lead Program in Business. It was started in 1980 by A Better Chance, the Wharton School, and Johnson & Johnson to give minority high school students an introduction to business as a possible career. Now ten prominent business schools participate, and financial support is provided by more than 50 major corporations.

Garvey's previous organization (A Better Chance) identifies and recruits high school juniors who have demonstrated strong academic skills and leadership capacity. During the summer before senior year, they spend 30 days at one of the business schools studying economics and business subjects. They learn to analyze cases and take field trips to companies, securities exchanges, and government offices. As a group, past participants have done well in college, and it appears that over 50 percent of them will wind up in business careers.

In addition to supervising administration of the total program, Garvey is working to expand its scope and funding so it can be made available to a larger number of students.

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