NYC Day

General Information
We will be meeting with executives from Hearst Corporation and Morgan Stanley, with a brief vivsit to the American Museum of Finance. The attire for the day is business formal for men and women. Please prepare accordingly.



Lunch: We will be having lunch in NYC on Wednesday, March 4th at 12:30pm (group 1) and 1:30pm (group 2). Click here for a list of highly recommended restaurants in the area.

CASE READINGS
1. Hearst Corporation (A case)
2. Hearst Corporation (B case)

HEARST CORPORATION
Hearst Corporation is one of the nation’s largest diversified media and information companies. Its major interests include ownership of 15 daily and 34 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle, San Antonio Express-News and Albany Times Union; hundreds of magazines around the world, including Good Housekeeping, Cosmopolitan, ELLE and O, The Oprah Magazine; 29 television stations, which reach a combined 18 percent of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, HISTORY and ESPN; significant holdings in automotive, electronic and medical/pharmaceutical business information companies; a 50 percent stake in global ratings agency Fitch Group; Internet and marketing services businesses; television production; newspaper features distribution; and real estate.


George J. Green
Consultant, Hearst Corporation and former CEO, Hearst Magazines Int’l

George J. Green became a consultant to Hearst Corporation following his retirement as chairman of Hearst Magazines International (HMI) on June 30, 2009.

Green joined Hearst Magazines on April 1, 1984, as executive vice president/group publishing director, responsible for seven titles. He was named president of HMI when Hearst Corporation formed the unit in September 1989. At the time, HMI published 23 licensed editions of Hearst titles around the world. During Green’s time at HMI, it expanded to 200+ licensed or joint-ventured editions of Hearst titles in 55 countries in 34 languages for distribution in 100+ countries, equity positions in radio, television and web properties, and non-Hearst brands published through joint ventures — including FHM in Hungary and Romania, Madison in Australia, Men’s Health in China and the United Kingdom and Robb Report in China and Russia.

Green served as executive vice president of Hearst Magazines and vice president of Hearst Corporation, Hearst Holdings, Inc., and Hearst Communications, Inc. In 1996, he was elected to the board of directors of The National Magazine Company, Hearst Corporation’s wholly-owned subsidiary in the United Kingdom.

Prior to Hearst, Green was president and chief operating officer of The New Yorker Magazine, Inc., which he joined in 1962 as the most junior advertising sales person. His 22-year career encompassed nearly every phase of the magazine’s operations. He was named vice president in 1973 and elected to the board of directors in 1974 before being named president and chief operating officer in June 1975.

Green served as chairman of FIPP, the Fédération Internationale de la Presse Périodique, from 1991 to 1993. He was a member of the board of directors of Magazine Publishers of America (MPA) from 1976 to 2009, serving as its chairman from October 1981 to October 1983. Green is also a former board member of The Advertising Council.

He was the 1997 recipient of The Henry Johnson Fisher Award, which is the publishing community’s highest accolade and honors a magazine leader for significant and long-standing contributions to the publishing industry. In 1999, he was the recipient of The ACE International Publishing Personality of the Year Award. In 2004, he received the Marco Polo Award from the People’s Republic of China for his contributions to consumer publishing in China. It marked the first time a publishing executive received the Marco Polo Award.

Currently, he is a member of the Board of Directors of Hart Energy, a property of Wiegers Capital Partners, and a member of the Board of Managers of TruthInAging.com.

Green earned his B.A. at Yale University. He is married to Wilma H. Jordan, founder and chief executive officer of The Jordan, Edmiston Group, Inc.


Jeannette Chang
SVP & International Publishing Director (US)

Jeannette Chang, Senior Vice President and International Publishing Director of Hearst Magazines International is responsible for overseeing international advertising and marketing for 285 editions of Hearts Magazines International including Cosmopolitan, Harper’s BAZAAR, Cosmogirl!, Popular Mechanics, Good Housekeeping and Esquire.

Chang was named to this position in March 2000, previously having served as vice president and publisher of Harper’s BAZAAR since August 1994, and associate publisher of that title since June 1984.

Change joined Hearst Magazines in 1973 as an advertising sales representative for Cosmopolitan. In 1977, she was promoted to fashion advertising manager, and two years later moved to Harper’s BAZAAR as a director of fashion marketing, until she was promoted to associate publisher.

Under Chang’s leadership, Harper’s BAZAAR US opened international advertising offices in Milan and Paris, with sales representatives in Munich and Tokyo. This foray into the international advertising arena paved the way to her current position with Hearst Magazines International, where she works primarily toward marketing, promoting and supervising new launches and re-launches of Harper’s BAZAAR, Esquire and Town & Country.

Chang is a frequent speaker before international trade and business groups involved in the fashion and publishing industries. In 1992, she was inducted into the YWCA Academy of Women Achievers. Chang is also a member of the Board of Directors of the Fashion Group International, the Fashion Institute of Technology (FIT), Pratt Institute and the Ovarian Cancer Research Fund (OCRF).

A graduate of Hunter College in New York City, Chang earned her Bachelor of Science while launching her publishing career at Scholastic. 


MUSEUM OF AMERICAN FINANCE

The Museum of American Finance is the nation’s only independent museum dedicated to preserving, exhibiting and teaching about American finance and financial history. Housed in an historic bank building on Wall Street, the Museum’s magnificent grand mezzanine banking hall provides an ideal setting for permanent exhibits on the financial markets, money, banking, entrepreneurship and Alexander Hamilton.

The Museum is an independent, non-profit 501(c)(3) Smithsonian affiliate creating non-ideological presentations and programs for purposes of education and general public awareness. Financial education is at the core of the Museum’s mission, seeking to promote lifelong learning and inquiry.

As a chronicler of American financial achievement and development, the Museum seeks to play a special role as a guardian of America’s collective financial memory, as well as a presenter and interpreter of current financial issues, thereby connecting the past with the present while serving as a guide for the future.


MORGAN STANLEY Investment Banking Division

Morgan Stanley has a reputation as a global leader in investment banking, offering advisory and capital-raising services that are recognized as among the best in the industry.

Rakesh Shankar
Vice President
Rakesh Shankar is Vice President of Global Power & Utilities Group at Morgan Stanley. He joined Morgan Stanley in August 2009.

Rakesh earned his BA in international studies and economics from Washington College, his MA in economics from Temple University and his MBA from Yale SOM.


Michael Kushma 
Managing Director
Michael is Chief Investment Officer of Global Fixed Income. He joined Morgan Stanley in 1987 and has 28 years of investment experience. Previously, he was a global fixed income strategist for the firm's Fixed Income Division. Prior to joining the firm, he was a senior lecturer of economics at Columbia University. Michael received an A.B. in economics from Princeton University, an M.Sc. in economics from the London School of Economics and an M.Phil. in economics from Columbia University.




Phil Davies
Managing Director
Phil Davies is currently Global Head of Operations for Morgan Stanley, based in New York City. In this role he is responsible for all Operations activities supporting the Institutional Securities, Wealth Management and Investment Management businesses. He is a member of the Firm’s Management Committee.

Phil is a member of the DTCC board of directors and is vice chair of the Operations & Technology Steering Committee of SIFMA in New York.

Until April 2013 Phil was Global Head of Institutional Securities Product Operations, based in New York City – managing the operations groups supporting the Sales & Trading businesses across all asset classes.

Phil joined Morgan Stanley in April 2009 from Goldman Sachs where he had worked since 1995. During his time at Goldman Sachs he had held various positions within Operations, across Fixed Income, Equity, Securities and Clearing. While at Goldman Sachs, Phil served on the board of EuroCCP and on the Advisory Group for the Target 2 for Securities project.

Phil graduated from the University of Birmingham in the UK with an M.Eng in Civil Engineering with Management.



No comments:

Post a Comment