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Page 1: Investors’ Report 2009 –10 - Rotman School of Management€¦ · Investors’ Report 2009 –10 T H A N K Y O U. ... Roger Martin ,andJoseph ... W. Geoffrey Beattie and $25,000

Investors’ Report 2009–10

THA

NK

YOU

Page 2: Investors’ Report 2009 –10 - Rotman School of Management€¦ · Investors’ Report 2009 –10 T H A N K Y O U. ... Roger Martin ,andJoseph ... W. Geoffrey Beattie and $25,000

This annual publicationprovides the RotmanSchool of Managementwith an opportunityto acknowledge —and thank — our donorsand friends. Theirgenerosity is helpingthe Rotman School openits doors even widerto innovation.

A Message from the Dean 1

The Year in ReviewA New Building 2Faculty and Research 5Students 7The Rotman Vision Fund 8

Donors 10

Rotman Boards 15

Campaign Fundraising Progress 16

Rotman at a Glance 17

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It is my great pleasure to thank all the people and organizations who havesupported the Rotman School. How gratifying — especially in these challengingeconomic times — that our donors choose to extend their valued vote of confidencein our work to advance business research and education.

We continue to set our sights high, translating the generosity of our alumni andwide circle of friends, as well as our faculty and staff, into significant initiatives thatare inspiring the best minds.

I am also pleased to report that things are moving full steam ahead with our$200-million campaign, which launched publicly in 2008. In this report, you willfind information about the status of our fundraising as of April 30, 2010, aswell as listings that acknowledge our donors — the lifeblood of this campaign.You will also find recent examples of how their support is making it possible for usto attract more of the best scholars and ramp up our teaching, research, andoutreach strategies.

The tremendous show of confidence the Rotman School is receiving in its ongoingjourney for innovation and excellence continues to be a great source of inspirationto our faculty and students. On behalf of all of them, thank you to everyone whohas generously supported us.

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Roger MartinDean, Premier‘s Research Chair in Productivity & Competitiveness,Director, Michael Lee-Chin Family Institute for Corporate Citizenship,Professor of Strategic Management, Rotman School of Management

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Groundbreaking event for thenew building with (front row,left to right) Marcel Desautels,Roger Martin, and Josephand Sandra Rotman. The eventincluded a panel discussionon the topic of “BuildingExcellence in Business Education,”moderated by Amanda Lang,Senior Business Correspondentfor CBC News.

A groundbreaking ceremony was heldin September 2009 to mark the start of constructionon a new building that will double the amount ofresearch, teaching, and study space available at theRotman School. Designed by award-wining KPMBarchitects, the new building will be fully integrated withour central facility at 105 St. George Street andwill be completed in time for the 2012 academic year.

BMO Financial Group continues its outstandingprecedent for giving to support access to highereducation. Education is a core focus of BMO‘s charitable-giving philosophy, which emphasizes that strong,healthy, and civil communities are the foundationof a prosperous and resilient society. BMO‘s gift of$1.75 million to the Rotman School, part of alarger gift of $2.5 million to the Universityof Toronto, will be recognized by naming the BMOFinancial Group Finance Research and Trading Lab.It will replace the existing Financial Research andTrading Lab, more than doubling its teaching capacityby providing more workstations loaded with the latestfinancial analysis tools and databases. This facilitywill allow students to access the global financialcommunity in a real-time setting and further extendtheir global reach and competitiveness.

Social responsibility has been an important part ofProcter & Gamble‘s heritage and commitment tosustainability. It is embedded in the company’s purpose,principles, and values. Driven by this philosophy,Procter & Gamble invests in community needs thatinclude education. A gift of $250,000 from Procter& Gamble will be recognized by naming theProcter & Gamble Student Study Lounge.The lounge will act as an essential focal point forstudents, providing them with much-needed room toshare ideas and build a community of learning.

THE YEAR IN REVIEW MAY 2009 – APRIL 2010Highlights of some of the Rotman School’s latest initiatives and the generous donors behind these success stories

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$750,000 of BMO’s gift willcreate a new undergraduatescholarship program for studentswho have successfully completeda University of Toronto bridgingprogram that prepares them forpost-secondary education andwho have gained admissionto undergraduate studies at theUniversity.

The new building will contain technologically advanced classrooms and student lounges.

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MORE ROOM FOR AGROWING COMMUNITYOF SCHOLARS

A WIDER CIRCLE OFLEARNING AND SUCCESS

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A NEWBUILDING

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Student study roomsin the new building,providing space forwork on groupprojects and servingas an essentialresource for team-skillsdevelopment, will benamed in recognitionof gifts of $50,000.Donors who havegenerously donatedat this level of givinginclude the Debbieand Donald MorrisonFamily Foundation(Donald Morrison,MBA ’83) and RotmanSchool Professor AlanWhite (PhD ’87).

To provide an array of advanced technologicalservices that reinforce learning during lectures andpresentations, the new building will contain theNesbitt Family Media and Teaching EffectivenessCentre. Named for a gift of $100,000 fromRichard Nesbitt (MBA ’85), this multimedia andvideo conferencing facility’s impact will extendglobally by making it possible to conductrecruitment and job interviews at a distanceso the Rotman School can grow its internationalstudent population and connect graduates withemployment opportunities around the world.

The new building will feature a multi-storey atrium and the new home for the Desautels Centre for Integrative Thinking (see page 5).

Doubling the value of their giving by encouragingothers to make a donation, Mary B. (MBA ’85)and Graham Hallward contributed $100,000 thatwas used to support the construction of the newbuilding as well as a matching gift challenge forthe annual Rotman Vision Fund. The challengeresulted in nearly 300 new gifts and helpedachieve an increase of 52 per cent in new donorscompared to the previous year.

A NEW BUILDING continued

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Dean Roger Martin was namedone of the world’s most influentialliving management thinkers inthe Thinkers 50 ranking publishedin The Times (London, UK) onOctober 14, 2009.

The DCIT was founded by earlierdonations by Marcel Desautels— one of Canada‘s leadingphilanthropists and supporters ofeducation — whose lifetime givingto the Rotman School amounts toan extraordinary $41 million.

Thanks in part to support through the Vision Fund,six new faculty members joined the Rotman Schoolof Management for the 2009–10 academic year.Each year, new faculty strengthen the Rotman School‘steaching and research. New faculty members include:Marlys Christianson as an assistant professor oforganizational behaviour and human resourcesmanagement (OBHRM); Katherine DeCelles, also asan assistant professor of OBHRM; Sarah Kaplan asan associate professor of strategic management;Michael Ryall as an associate professor of strategicmanagement; Kent Womack as a visiting professorof finance (while at Rotman he will hold the ManulifeChair in Financial Services); and Liyan Yang as anassistant professor of finance.

THE BEST MINDS AND IDEAS

A significant investment in pension education hascreated the ICPM Professorship in PensionManagement. The inaugural Professorship holder isAlexander Dyck. With the world now looking toCanada as a model for superior investment practices,the Professorship is supporting research and thedevelopment of case studies whose impact will bebetter design, management, delivery, and collaborationstrategies for pension management organizations.The Professorship is supported by a $300,000investment by donors that include Healthcare ofOntario Pension Plan, Ontario Teachers’ PensionPlan Board, OMERS, and the ICPM.

Mihnea Moldoveanu, the academic director of theDesautels Centre for Integrative Thinking(DCIT) at the Rotman School, has been named theMarcel Desautels Professor of Integrative Thinking.He, along with Dean Roger Martin, has beenkey to the development of Integrative ThinkingTM,which has become a fundamental part of howthe Rotman School teaches and conducts research.

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FACULTY AND

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With The Designof Business,“[Roger] Martineffectively arguesfor embracingdesign thinking asbusiness strategy.”— Mark Dziersk,Fast Company,April 26, 2010

In October 2009, Business Weeknamed the Rotman School oneof the world‘s 30 best schoolsfor educating the design thinkersand innovators of the future.

FRESH, PRODUCTIVE BUSINESS STRATEGIES,PRACTICES, AND TOOLS

A respected research centre at the Rotman Schoolthat focuses on the integration of corporate citizenshipinto business strategy and practices has been renamedthe Michael Lee-Chin Family Institute for CorporateCitizenship (Lee-Chin Institute). Formerly the AICInstitute for Corporate Citizenship, the new namehonours the continuing involvement of foundingdonor Michael Lee-Chin and his family.

Rotman School faculty published six new booksthat provide the business community with practicalinsights. For example, Wendy Dobson authoredGravity Shift, which considers the future globalrole of Asian economies. Joseph Martin publishedRelentless Change, which serves as a casebook forthe study of Canadian business history. Dilip Somanco-wrote Managing Customer Value with RotmanSchool graduate Sara N-Marandi (MBA ’08). DeanRoger Martin published The Design of Business,which focuses on merging business anddesign practices through Business DesignTM.

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RESEARCH

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Injecting an enormous show of support in theRotman School‘s quickly expanding PhD program,Dr. William Waters (MBA ’62) has committed up to$1,000,000 in matching contributions for studentfellowships. The first will be established in memoryof Myron J. Gordon, Professor Emeritus of Financeat the Rotman School, who enjoyed a long andhighly distinguished academic career in economicsand finance.

To provide financial aid to new Canadians fromSouth Asia or Southeast Asia, a $100,000endowment has created the Lal Khanna Award.Enhancing the diversity of business culture, thissupport was created through a gift of $50,000from Julie Khanna, Ranjan Raja Khanna, andKamal Sharma, along with friends and family ofManohar Lal Khanna (MBA ’71), and matchedby the Graduate Student Endowment Fund.

Continuing its support of talented female scholars,the Leacross Foundation has provided an additional$106,000, matched by the Graduate StudentEndowment Fund, to the Leacross Foundation/R. Bern Award for Women. This latest gift increasesthe endowment for this award to $300,000.

To support student scholarships, The John andDeborah Harris Family Foundation (John Harris,MBA ’77) has provided the Rotman School witha gift of $25,000.

The Rotman School and the Centre for MentalHealth and Addiction (CAMH) are workingtogether to help people with mental health andaddiction issues explore self-employment. Calledthe CAMH Social Venture Capital Fund (at theRotman School of Management), this pilot initiativeidentifies, supports, and finances entrepreneursin small-businesses ventures and was funded thisyear through an additional gift of $100,000 fromSandra and Joseph (MCom ’60) Rotman.

TOP LEARNERSTOMORROW’S

LEADING THINKERS

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STUDENTSCreating a chance of a lifetime to be inspiredby a legendary financier, a gift from JohnH. Watson (MBA ‘67) made it possiblefor a group of second-year MBA students totravel to Omaha, Nebraska, in the fall of2009 to meet with Warren Buffett. Thestudents were enrolled in the value investingclass led by Eric Kirzner, John H. WatsonChair in Value Investing. This is the sixth timeRotman School students were invited andthat Mr. Watson supported their visit.

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Networking opportunities for graduates, such as thisroundtable discussion held in June 2009 for alumni interestedin e-Commerce, are supported in part by the Vision Fund.

Vision Fund contributions enabledRotman School professors to publishgroundbreaking research on suchtopics as the benefits of earninga CFA and the opportunities andchallenges presented by lesseningour dependence on oil.

The Vision Fund helps support programs like our International Study Tours, where students learn about emerging markets.Tours offered during the 2009–10 academic year included travel to China, India, Latin America (shown), and the Middle East.

A BROAD-BASED VOTE OF SUPPORT

The Rotman Vision FundVision Fund gifts are an integral part of the$200-million campaign. The fund provides everyonewith an opportunity to participate by making annualunrestricted gifts — be they large or small —that collectively support the Rotman School‘s topeducational and research priorities as well assupport graduates.

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VISION FUND

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Gifts received this past year — from more than1,050 Rotman School alumni and friends —totalled $635,000 and include:

• Significant leadership-level gifts of $25,000 fromW. Geoffrey Beattie and $25,000 from WadeRobert Felesky (MBA ’01), in addition to $15,000from Bob Ewen (MBA ’77).

• 36 individual gifts of $5,000 or more, which willbe recognized with a donor’s name on a seatin the event space in our new building.

• $152,827 contributed by nearly 300 donorsthrough a matching gift challenge — see Mary B.(MBA ’85) and Graham Hallward’s gift onpage 4 — which helped achieve an increase of52 per cent in new donors compared to theprevious fiscal year.

• $120,000 collectively contributed by 62 per centof Rotman School faculty and staff members.

FLEXIBIL ITY TO RESPOND TO EMERGING NEEDS

With fully retractable seating, the multi-purpose event space will suit a varietyof events, including lectures, conferences, and formal dinner functions.

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Gifts of $5,000 or more to theVision Fund, payable over aperiod of up to five years, willbe recognized by placinga donor’s name on a seatlocated in the new building‘sevent space. For more informationabout this recognition opportunity,call 416.946.3975.

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DONORS

$15,000,000 or moreMarcel DesautelsSandra and Joseph (MCom ’60) Rotman

$3,000,000 – $4,999,999Lee and Margaret Lau

$1,000,000 – $2,999,999BMO Financial GroupMartin Ossip Family at the

Jewish Foundation of Greater TorontoRBC FoundationWilliam (MBA ’62) and Phyllis Waters

$500,000 – $999,999Shari Graham FellSonia and Arthur LabattTMX Group Inc.

$250,000 – $499,999Edward J. KernaghanProcter & Gamble Inc.

$100,000 – $249,999Joseph CanavanCertified Management Accountants

of Ontario (CMA Ontario)The John Dobson FoundationSamuel DubocCharles and Rita Field-MarshamMargaret and Jim FleckScott GriffinMary B. (MBA ’85) and Graham HallwardTim Hodgson and Linda NettenLeacross FoundationPatrick B. MeneleyThe Peter and Melanie Munk

Charitable FoundationRichard Nesbitt (MBA ’85)Jim PattisonEstate of Joyce Leah RobertsonLarry and Cookie Rossy Family FoundationReza SatchuFrancis N. ShenKevin M. SullivanJohn H. Watson (MBA ’67)The W. Garfield Weston FoundationRed and Brenda WilsonAnonymous (3)

$50,000 – $99,999James Archer SheeBirch Hill Equity PartnersGordon and Jean CampbellJames W. DavieMichael B. C. DaviesGeorge and Katherine DembroskiBryce W. and Nicki DouglasDavid and Lenore HawkeyHealthcare of Ontario Pension Plan

(HOOPP)Marjorie and Don LenzBruce MacDonaldMargaret and Wallace McCainDoug McGregorWilliam W. MoriartyDebbie and Donald (MBA ’83) Morrison

Family FoundationGordon and Janet NixonOMERSOntario Teachers Pension Plan BoardSandra and Jim PitbladoAndrew M. and Valerie PringleRotman International Centre for

Pension ManagementPeter and Judy RusselAndrew G. ScaceDavid L. TorreyAlan White (PhD ’87)William P. WilderChuck and Libby WinogradWomen in Capital MarketsAnonymous (1)

$25,000 – $49,999Aecon Group Inc.Jamie and Patsy AndersonW. Geoffrey BeattieBlake, Cassels & Graydon LLPBrendan CalderCanadian Securities Institute Research

FoundationDavid and Valerie ChristieCIBCAdrian J. CooteCullen FamilyTimothy D. DattelsMichael EdwardsBob Ewen (MBA ’77)Wade Robert Felesky (MBA ’01)FirstService CorporationNorman Fraser (MBA ’68)Irving and Gail GersteinThe John (MBA ’77) and Deborah Harris

Family FoundationClaudia HepburnJarislowsky FoundationDonald K. JohnsonJulie KhannaKWA Partners

George and Leanne LewisLoblaw Inc.Roger MartinMcCarthy Tétrault LLPMichael and Janet NorrisOsler, Hoskin & Harcourt LLPPeter PaulyRichard and Karen PilosofDugald and Liz RitchieGordon M. RitchieGerry Rocchi (MBA ’81)Estate of Mary Verna SimmondsSkoll FoundationRichard and Leanne TavosoNatalie (MBA ’89) and

Geoff (MBA ’87) TownsendMichael H. Wilson

$200-MILLION CAMPAIGN CUMULATIVE GIVINGThe following donors have generously supported the Rotman School with cumulative pledges of$25,000 or more between May 1, 2006 (the start of our $200-million campaign), and April 30, 2010.†

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† An additional $50 million was received from the Government of Ontarioand $10 million from other government funding.

MORETHINKERS

NEWTHINKING

FUTURETHINKERS

N

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$2,000,000 or moreMarcel DesautelsSandra and Joseph (MCom ’60) Rotman*

$1,000,000 – $1,999,999Lee and Margaret Lau

$500,000 – $999,999Corus Entertainment Inc.Michael Lee-Chin*

$250,000 – $499,999Sonia and Arthur Labatt

$100,000 – $249,999Samuel DubocCharles and Rita Field-MarshamScott GriffinMary B. (MBA ’85) and Graham Hallward*Tim Hodgson and Linda A. NettenLeacross FoundationPatrick B. MeneleyRBC Foundation*Reza SatchuScotiabank GroupTMX Group Inc.

$50,000 – $99,999Certified Management Accountants

of Ontario (CMA Ontario)*The John Dobson FoundationJim Fisher*Margaret and Jim FleckThe Peter and Melanie Munk Charitable

FoundationThe W. Garfield Weston Foundation

$25,000 – $49,999BMO Financial GroupThe John (MBA ’77) and Deborah Harris

Family FoundationClaudia HepburnJulie KhannaMargaret and Wallace McCainDebbie and Donald Morrison Family

FoundationGordon and Janet NixonMartin Ossip Family at the Jewish

Foundation of Greater TorontoJohn H. Watson (MBA ’67)*William P. Wilder

$10,000 – $24,999BMO Financial GroupCanadian Securities Institute Research

FoundationPurdy CrawfordCullen FamilyStephen K. Curry (MBA ’95)Michael B.C. DaviesKevin Dougherty (MBA ’98)Bryce W. and Nicki DouglasBob Ewen (MBA ’77)*FirstService Corporation*Healthcare of Ontario Pension Plan

(HOOPP)William E. Hewitt (MBA ’67)Raja KhannaMarjorie and Don LenzRoger Martin*Rael Merson (MBA ’85)OMERSOntario Teachers Pension Plan BoardMauro Pambianchi (MBA ’81)Estate of Joyce Leah RobertsonDavid SamuelSkoll FoundationGeorge StalkBelinda StronachAlan White (PhD ’87)*Mark D. Wiseman (MBA ’96)

and Marcia T. Moffat (MBA ’96)Women in Capital Markets*Anonymous (1)

$5,000 – $9,999Ajay Agrawal*Daniel Almenara (MBA ’92)*W. Geoffrey BeattieJohn (MBA ’81) and Mary CassadayThe CSL Group IncorporatedJoseph CundariW. Downe (MBA ’78)*Richard and Rana Florida*A. Mark Foote (MBA ’91)Chrystia FreelandIrving and Gail GersteinDoug GuzmanRichard F. HaskayneAnn M. Hatch*Daisy Chiu-Fung Ho (MBA ’90)George and Leanne LewisMichael and Janet NorrisErik Parnoja (MBA ’95)*Peter Pauly*David Powell*Gerry Rocchi (MBA ’81)*Kamal SharmaA. Michael SpenceDoug SteinerMargaret (MBA ’76) and

Andrew Stephens*Sun Life FinancialVoorheis & Co. LLPGlen Whyte (DBA ’80, MBA ’81)*Anonymous (1)

$2,500 – $4,999Fariba Anderson (MBA ’04)*Steve Arenburg*Kelly Battle (MBA ’97)*Joel A. Baum (MBA ’85, PhD ’89)*Jill Black (MBA ’80)*Fares Boulos (MBA ’79)*Burgundy Asset Management Ltd.Charles Chung (MBA ’78)*Timothy D. DattelsThe Endla & John Gilmour Foundation*Norman Fraser (MBA ’68)*Donald A. Guloien (BCom ’80)John Hull*Berkeley (MBA ’02) and

Maxine Hynes (MBA ’07)Eric Kirzner (MBA ’70)*Michelle C. Lalonde (MBA ’01)Tom McCurdy*Peter L. MitchelsonAnita and Chandran (DBA ’77, MBA ’79)

Ratnaswami*Bruce RothneyKevin Stolarick*Thomas Tutsch*Michael H. WilsonRuth G. Woods (MBA ’84)*Jia Lin Xie*Laval Yau (MBA ’86)Anonymous (1)

ANNUAL DONOR HONOUR ROLL 2009–10The following donors have generously supported the Rotman School with cash gifts or pledge payments of$250 or more between May 1, 2009, and April 30, 2010.

* 3-year consecutive donor to the Rotman School

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Bequests

George and M. Catherine HayhurstPeter MaikPaul Richards and Margorie GarsonDiane Lynn SilvermanLillian VeriAnonymous (6)

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ANNUAL DONOR HONOUR ROLL 2009–10 continued

John Hovland (MBA ’00)Brian Howe (MBA ’93)*Jonathan Hunter and Nita MajorIBM Canada LimitedWing Joe (MBA ’76)*F. Ross Johnson (MBA ’56)*Linda Jussaume (MBA ’06)*Peter KadasMichael KaitilaSarah KaplanRamesh KapoorSantosh and Darshan KhuranaJohn R. Knebel (MBA ’73)*Merle Kriss (MBA ’77)*J. Spencer LanthierGary LathamMichael E. LeBlanc (MBA ’91)*Sarah LegaultGerald Legrove (MBA ’85)*Elizabeth J. Lesslie (DBA ’69, MBA ’70)Sam Lim (MBA ’93)*Laura Lindsay (MBA ’83)Rob Lowry (MBA ’88)Huy Lu (MBA ’02)Anne E. MacDonald (MBA ’01)Kerrie MacPherson (MBA ’91)James P. Mahoney (MBA ’88)*Kevin Lem Mak (MFin ’10)Sam Marinucci (MBA ’77)Marsh & McLennan CompaniesBrad Marsland (MBA ’83)Joe Martin*Tom K. McCormick (MBA ’84)*Anita McGahanKen McGuffin*Barry (MBA ’87) and Rose McInerneyCraig McKenney (MBA ’07)Michael N. Melanson (MBA ’87)*Merrill Lynch & Co Inc.Bill Mohri (MBA ’93)Sam Mokbel (MBA ’02)*Tyler G. Moniz (MBA ’77)*Angela Moy (MBA ’96)*Esther Mui (MBA ’75)*Walid Muslih (MBA ’06)Jeff Muzzerall*Jay Nicholson (MBA ’02)*John D. Ogden (MBA ’62)*Joanne OxleyChris Pandoff (MBA ’05)Donald W. Parkinson (MBA ’62)*Paul (MBA ’51) and Patricia Phoenix*

Joyce Rankin (MBA ’05)*Gail Regan (MBA ’78)*Marc Reppin (MBA ’04)*Paul Richards (MBA ’62)*Jennifer Riel (MBA ’06)*Andrea Rudnick (MBA ’96)*Eshrat Sayani and Peter Dungan*Michael SchneiderMichael E. Schneider (MBA ’07)Thomas C. Sears (DBA ’85, MBA ’88)*Amir Shalaby (MBA ’78)*Jeffrey C. Shin (MBA ’82)*Lawrence Shum (MBA ’86)*Dilip Soman*Paul Joseph Sorbara (MBA ’05)Suzanne J. Spragge*Daniel F. Sullivan (MBA ’71)*Natalie (MBA ’89) and Geoff (MBA ’87)

Townsend*Robert Tyson (MBA ’65)Heather and Jeff Ullman*Anil Verma*Charles Vincent (DBA ’79, MBA ’83)Scott Roger Wambolt (MBA ’03)*Jeffrey A. Wayne (MBA ’90)Thomas A. Wilson*Gordon and Golnar WinstonMoon Hung Franco Wong*Mary-Ellen Yeomans*Amy Young (MBA ’08)*Anonymous (5)

$500 – $999Efrain Armijos (MBA ’02)Glenn Masao Asano (MBA ’94)*Neil Aubuchon (MBA ’98)*Dushan Batrovic (MBA ’03)Arzhang Beheshti (MBA ’04)*Saju Bhaskaran (MBA ’06)J. Richard Bird (MBA ’71, PhD ’75)*Francesca Victoria Birks (MBA ’03)Ralph Boardman (MBA ’85)Ron BorkovskyRon Bourdeau (MBA ’89)*Francesco BovaRobert J. Brema (MBA ’70)Angela M. Cadena (MBA ’92)Paul M. Casey*Garry Yiu Chu Chan (MBA ’03)*Matthew H. T. Chan (MBA ’02)*Tony Chi Wai Cheung (MBA ’06)Amelia L. Chik (MBA ’75)David J. Chin (DBA ’78)Karen Christensen*Ruth C. F. Chung (DBA ’71, MBA ’73)*Gary J. Conway (MBA ’93)Michelle Marie Coulombe (MBA ’01)Jeffrey David Cowan (MBA ’97)Daniel Cushing (MBA ’97)*Jillian E. Darroch Chown (MBA ’06)Beatrix Dart*John V. DavidJames W. Davidson (MBA ’95)Donald R. Dawson (MCom ’51)

$1,000 – $2,499AGF Management LimitedKhozema M. Alyamani (MBA ’96)Sidney E. Amster (MBA ’82)*Ann Armstrong (MBA ’82, PhD ’93)*Hilary Austen and Jack MayJames Richard Beattie (MBA ’98)David and Debby BeattyJames (MBA ’62) and Sandra BeingessnerWilliam J. Biggar (MBA ’75)*Richard Blickstead (MBA ’76)Laurence Booth*Harvey Botting (MBA ’85)*Leonard J. Brooks (MBA ’67)*Ester Bucci (MBA ’01)David A. Caldwell (MBA ’85)Melanie Carr*Tiziana CasciaroEric Y. W. (MBA ’77) and

Linda Y. H. ChanFlora Chen (MBA ’01) and

Sheldon Hing San Sze-To (MBA ’02)*Dennis (MBA ’95) and Janice Choa*David Andrew Chorney (MBA ’02)Marlys ChristiansonDoug Collier (MBA ’89)Petra K. M. Cooper (MBA ’95)Lisa Craig (MBA ’93)Lynn Damp (MBA ’82)Franklin L. Davis (MBA ’85)Enzo De Luca (DBA ’70, MBA ’71)*Craig Andrew C. DoidgeLee Anne Downey (MBA ’05)David L. Dunne (PhD ’96)*Ernst & Young Matching Gifts Program

for Higher EducationWade Robert Felesky (MBA ’01)Richard I. Findlay (MBA ’86)Ronald P. Fournier (MBA ’62)Cristian Gheorghe (MBA ’04)Jamie Gold (MBA ’05)*Brian Golden*Goodview Investments Co. Ltd.Eleanor Gow (MBA ’77)*Jeff Jianfeng Guo (MBA ’09)Peter Guo (MBA ’95) and Brenda TanLalita GupteMichael A. Hale (MBA ’82)Paul J. N. Halpern*Aran D. Hamilton (MBA ’99)*Frederick Heath (MBA ’76, PhD ’86)*Russell J. Hiscock (MBA ’77)

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* 3-year consecutive donor to the Rotman School

Realized Bequests

The Estate of Patricia C. EllisonThe Estate of Joyce L. RobertsonThe Estate of Mary Verna SimmondsThe Estate of Frances H. TwaitsThe Estate of William O. TwaitsAnonymous (2)

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Leelah E. Dawson (MBA ’91)*Yves Denomme (MBA ’08) and

Catherine Wood (MBA ’08)Shaun Desai (MBA ’06)Gaurav Dhiman (MBA ’09)David Diestel (MBA ’02)*Nicholas (MBA ’75) and Susan Dietrich*David Donnan (MBA ’82)Bohdan Dubniak (DBA ’71)Arthur C. Eng (MBA ’04)Ambrose Fan (MBA ’92)Barbara J. Fenn (MBA ’89)Michelle Fiebig (MBA ’99)Warren W. H. Finlay (MBA ’92)*David A. Fleming (MBA ’67)Ian Fraser (MCom ’57)Richard Garchitorena (MBA ’04)Ross A. Gascho (MBA ’88)Rachel Gillespie (MBA ’07) and

Sean Martin (MBA ’02)*Avi Goldfarb*Bill Goulios (MBA ’93)Alison E. GroundRoberta L. Hague (MBA ’99)Gabriel Hernandez (MBA ’06)Christopher Charles Hind (MBA ’94)Yale Marshall Holder (MBA ’06)*James A. Hughes (MBA ’77)*Gurpreet Hundal (MBA ’93)*Valentin William Illie (MBA ’06)Takuya Ishikawa (MBA ’91)David A. Jarvis (MBA ’03)*Mark G. Johnson (MBA ’88)*Charles Johnston (MBA ’70)Raymond Kan*Edward J. KernaghanRonald F. B. Knowles (MBA ’64)Anthony Koon Hung Ko (MBA ’91)*Harvey Kolodny*Manfred Koo (MBA ’02) and

Sarah DowneyAsher Lai (MBA ’05)*Steven M. Lane (MBA ’04)Susanne Laperle (MBA ’96)Robert J. Leblanc (MBA ’92)Victor Li (MFin ’09)Paul Yiming Li (MBA ’05)*Yue LiWei-Yi LiaoAndrew G. Lim (MBA ’04)*Hai Lu*Catherine Y. MacKinnon (MBA ’86)

Dan Mader (MBA ’04)Marwan Mazaraani (MBA ’07)Bill McEvilyJohn S. McFarlane (MBA ’75)Darren P. M. McLennan (MBA ’98)Michele P. MilanMaria Milanetti (MBA ’89)Joseph MilnerJim and Sheila MilwayMatthew Mitchell and April FrancoMihnea Moldoveanu*Sridhar Moorthy*Movin Moukbel (MBA ’98)Esteban Munoz Hakspiel (MBA ’07)David (MBA ’04) and

Mariana (MBA ’04) Nava*John D. Near (MBA ’76)*Kim Neutens*Robert Man-Chiu Ng (MBA ’93)*John T. Ostrander (MBA ’99)Patrick Joseph Tulang Pagtakhan (MBA ’07)Victor J. Paul (MBA ’85)Anton Pfisztner (MBA ’02)Artem Pirogov (MBA ’06)David A. Pleasance (MBA ’91)Garnet O. Powell (MBA ’06)Pratt & Whitney CanadaSabaa Quao (MBA ’03)Preety Ranchod (MBA ’06)Gina Rizhanovsky (MBA ’06)R. Douglas B. Robertson (MBA ’85)*Wendy D. Rotenberg (MBA ’83, PhD ’87)*Hilary Harmon Ryall and Michael RyallAnneMarie Ryan (MBA ’78)Gary Ryan (MBA ’01)*A. Edward Safarian*Leslie Joy Salmons (MBA ’03)*Deanne Saunders*Adam Paul Schatzker (MBA ’01)D. Malcolm Seath (MBA ’65)John V. Selby (MBA ’63)Janet Shih (MBA ’04)Harry (MBA ’56) and Joy Shore*David Allan Soberman (PhD ’96)Michael E. Sproule (MBA ’71)Ira M. Stambler (MBA ’91)*Christopher Patrick Stamper (MBA ’94)Brigitta Steden (MBA ’09)Brian Tanner*Giuseppe Tassone (MBA ’02)Margot E. ThomJack R. Thompson*

Thomas Tak-hung Ting (MBA ’07)Lisha Van Leeuwen (MBA ’90)Michael Vanderkaden (MBA ’01)*J. Clyde Wagner (MBA ’07)Keith and Vicki WakefieldNorris W. Walker (MCom ’58)*Larry and Marla WasserJason WeiBrian J. White (MBA ’85)Christopher W. Wiegand (MBA ’93)*May Chiang Yen Wong (MBA ’00)Nigel Hugh Michael Worrell (MBA ’92)Tim Pon-Tien Yin (MBA ’09)Aleksandar ZakonovicAnonymous (7)

$250 – $499Accenture Inc.*Karim Nawaz Alidina (MBA ’07)Joanne AndresDavid E. Andrews (MBA ’99)*Andrighetti Professional CorporationEdward Anthony (MBA ’08)David Ashworth (MCom ’60)Daisy Azer (MBA ’96)*Mary L. Baetz (MBA ’78) and

Robin Wilson (MBA ’79)Tony Bai (MBA ’06)James C. BaillieGreg Barber*Domenic Belmonte (MBA ’00)Oded Berman*Whitney Berta (PhD ’00)V. K. BhallaPeter Bistolarides (MBA ’91)Miguel Blanco (MBA ’08)Peter-Paul J. Bloemen (MBA ’91)Richard J. Bottomley (MBA ’88)Sheila Boyce (MBA ’96)Sima Bracken (MBA ’80)Heather Broughton (MBA ’92)John F. Bulloch (MBA ’64)Hank Bulmash (MBA ’74)Kevin M. E. Burkett (MBA ’68)Iain R. Burnett (MBA ’03)*Charlene Gwen Butler (MBA ’95)*Brendan Calder*John Carinci (MBA ’08)Jessica B. Carswell (MBA ’85)Lisa CernivivoDavid J. Chalmers (DBA ’72)Aloysius C. K. Chan (MBA ’82)

Matthew Robert Chapman (MBA ’00)*Connie Mingming Chen (MMPA ’05)Stella Hong Chen (MBA ’06)*David K. Cheung (MBA ’02)Jeffery Coles (MBA ’06)*Meg Connell (MBA ’91)Gonzalo Contreras (MBA ’04)Vito Giuseppe Cramarossa (MBA ’96)Alberto Cuevas (MBA ’06)Anita Yolande Davis (MBA ’00)Gus De Franco*Michael Don Demeter (MBA ’01)*Simren Desai (MBA ’05)*Richard Dice (MBA ’04)A. (MBA ’76) and J. DobranowskiJane Donaldson (MBA ’99)*Linfu Jeff Dong (MBA ’01)Mark S. Downing (MBA ’98)Judith and Peter DrakeSteven Christopher Duke (MBA ’04)Roger A. Dukhan (MBA ’82)Malcolm Eade (MBA ’96)John C. EatonMichael and Carol FerheimerPatrick Ferrier (MBA ’05)*Vitor Fonseca (MBA ’87)Trevor Forbes (MFin ’09)Bonnie A. Freedman (MBA ’02)Catherine J. Fry (DBA ’78)Angela Fung (MBA ’87)Rattandeep S. GandhiJohn A. Gartner (MBA ’90)David L. George (MBA ’85)Rummy Gill*Raymond J. Goldie (DBA ’79)Zak Goldman (MBA ’09)Rob Gosse (MBA ’98)*Thomas E. Gray (MBA ’75)*Tony Gray (MBA ’00)Jonathan Greer (MBA ’04)Mansoor A. Haidary (MBA ’80)Franklin L. Hall (MBA ’80)*Rosemary Hannam (MBA ’03)*Larry Harrison*Richard J. Harvey (MBA ’88)Shakila Hashmi (MBA ’08)Gurpreet Singh Hayer (MBA ’09)William R. Hellings (MBA ’70)*Tim Hendrickson (MBA ’98)Lise Hernandez Girouard and

Bradley Smith (MBA ’04)*John R. Hicks (MCom ’60)*Jennifer Hildebrandt*

13

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14

ANNUAL DONOR HONOUR ROLL 2009–10 continued

Rod Lohin*Joseph (MBA ’86) and Lina LoparcoRobert E. LordRonald A. Lovelock (MBA ’96)Gerry MabinKaren M. MacKay (MBA ’98)Michael and Catherine MaddenGilles Madore (MBA ’87)*Aditya Mardia (MBA ’09)John M. Maxted (MBA ’95)*McGraw-Hill Ryerson Ltd.Gilbert G. McIntee (MBA ’72)*Krista Beth McLeod (MBA ’01)Ross McMullen (MCom ’59)Peter R. McMullin (MBA ’67)John McSween Jr.David A. McWilliams (MBA ’91)Shalini Menon (MBA ’03)Jeremy Mersereau (MBA ’07)Dorothy Milburn-Smith (MBA ’78)*Alexander Harold Miller (MBA ’03)*Cheryl Millington*Kathryn B. MillsScott Mitchell (MBA ’09)Jennifer Molluso (MBA ’05)*Richard J. Moore (MBA ’68)Ali Mozaffari (MBA ’05)*Mary H. Mullens (MBA ’02)*Gerry Murphy (MBA ’90)Imran J. Naushahi (MBA ’96)Jennifer Mary Neill-SmithSamuel Suiming Ng (DBA ’83, MBA ’84)Lan Phuong Nguyen (MBA ’98)Van-Khanh Nguyen (MBA ’04)Gregory Nielsen (MBA ’05)Alexander Ochrym (MBA ’03)John Oesch*Janet Ogilvie (MBA ’09)William J. Palmer (MBA ’87)Frederick Pamenter (MCom ’59)Nicolas Papadolias (MBA ’68)Cheryl Paradowski (MBA ’02)*

Lynda Paterson*Carlos Paz-Soldan (MBA ’84)*Edward Pearl (MCom ’47)*Karen Charlene Peart (MBA ’04)Jing Peng (MMPA ’06)Michelle Perrotta*Melanie Perry Cooper (MBA ’07)Daniel Mark Phillips (MBA ’05)Tracey A. Phillips (MBA ’08)Nigela PurbooDavid Pyper (MBA ’89)Subramanian Ramanathan (MBA ’07)Tejen Ray (MBA ’05)William J. Raymond (MCom ’51)Stephen James Redden (MBA ’00)*Mark Reeve (MBA ’86)*Robert J. P. Reid (MBA ’78)John A. Rhind (MCom ’53)*Gordon D. Richardson*Michael Stanford Rose (MBA ’03)Sara and Jared (MBA ’05) Ross*Maria Rotundo*Maher Roz (MBA ’06)Sean Samieian (MBA ’07)Ramesh Sangameswar (MBA ’05)Nana B. Sangmuah (MBA ’04)Lisa Sansom (MBA ’01)Manfred Schneider*Jed S. Schneiderman (MBA ’97)Ian D. Scott (MBA ’86)R. Gary Seagrave (MCom ’59)*Jim Seidewand (MBA ’74)*Vincenza Sera (MBA ’82)*Kim Shannon (MBA ’93) and Ho SungDaniel Shimmerman (MBA ’96)*Norman (MBA ’92) and

Janet (MBA ’04) Shiner*Frank and Peggy (MBA ’87) SimonsWally J. Smieliauskas*Richard Jean Smith (MBA ’01)*Sean Sofin (MBA ’02)Peter V. Solala (MBA ’02)

Peter A. Sprukulis (MBA ’85)Sarah Stern (MBA ’08)David Stewart (MBA ’04)Pamela Strachan*H. George Strohyj (MBA ’73)Howard Gary Sutton (MBA ’93)Laurel Sutton (MBA ’06)*Andrew Szabo (MBA ’09)Joseph Y. Tam (MBA ’90)Doug Tanner (MBA ’09)Liana Thibodeau (MBA ’98)Justin Robert Thoman (DIFA ’06)Conrad Kenneth Tien (MBA ’08)Daniel Trefler*Thomas Tsiopoulos (MBA ’91)*Timothy E. Tutsch (MBA ’09)Amanda Man-Yee Ung (MBA ’09)Michael Kenneth Uster (MBA ’01)Michael ValihoraLouise A. Walker (MBA ’97)Yinan Wang (MBA ’00)Lal Wanniappa (MBA ’05)*Mark Weber*Walter Wells (MBA ’62)Peter Willborn (MBA ’98)Peter Williams (MCom ’59)Joshua WongNorris D. Woodruff (MBA ’82)Albert Wu (MBA ’84)*Patrick Wu (MBA ’07)Ursula B. Wydymus (MBA ’94)*Baohua Xin*Takashi Yamashita (MBA ’04)Eric Yan (MBA ’03)George Yi Yao (MBA ’09)Chai Him Yee (MBA ’74)*Wilson T. Young (MBA ’85)Michael K. Zerbs (MBA ’89)Annie Zhao (MBA ’09)Stanley Yi Zheng (MBA ’08)Anonymous (14)

$250 – $499 continuedAngela Holtham (MBA ’82)Ioannis Hortogiannos (MBA ’94)Peter W. Hsu (DBA ’71, MBA ’72)Andrew S. Hukowich (MBA ’87)*Tom Hyde (MBA ’05) and

Stacey (Sequeira) Hyde (MBA ’05)*Hydro OneHydro One Employees’ and

Pensioners’ Charity TrustIncze Professional CorporationGagandeep Singh Issar (MBA ’08)Ivanhoe CambridgeLynn Jolliffe (MBA ’79)William M. Jones (MBA ’68)Hanif Joshaghani (MBA ’08)Santosh Damodar Kamat (MBA ’99)*Amanda Karahanas (MBA ’07)Solly Karkoukly (MBA ’70)Farzaan Kassam (MBA ’07)Stephen H. KauffmanGene Kayal (MBA ’98)John H. Kearns (MBA ’76)*Alex Kenjeev (MBA ’08)Mozaffar Nayim Khan (PhD ’05)Jason Kim (MBA ’03)Kenneth R. Knights (MBA ’58)Vincent Y. Y. Ko (MBA ’83)Valentin Kobylianskii (MBA ’06)Michael Kogan (MMPA ’05)Lisa Kramer*Karin Kwan (MBA ’93)*Dennis Kwong (MBA ’98)Denny Kwong (MFin ’09)Bruce A. La Rochelle (MBA ’81)Kerry L. Lawson (MBA ’91)Virginia L. F. Lee (MBA ’80)Bret Leech (MBA ’03)Geoffrey Leonardelli*Charles Lesaux (MBA ’05)Karen Lev (MBA ’00)*Alexander Eduard Limion (MBA ’01)

* 3-year consecutive donor to the Rotman School

Thanks to the generous support of Mary B. (MBA ’85) and Graham Hallward that wasused to create a matching gift challenge, nearly 300 new and returning donors havebeen recognized at their matched level of giving.

This list has been checked for accuracy, but errors may have occurred. If you have notbeen appropriately recognized, please let us know and we will correct the oversight infuture publications.

For a complete list of donors, visitrotman.utoronto.ca/supportrotman/donors.asp

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Dean’s AdvisoryBoardMembers of the Dean‘sAdvisory Board possess diversebackgrounds and stellarexperience. The board providesadvice and an external perspectiveto Dean Roger Martin ashe guides the Rotman School.

Hilary Austen

W. Geoffrey BeattieDeputy Chairman,Thomson Reuters

David R. BeattyConway Director,Clarkson Centre for BusinessEthics & Board Effectiveness,Rotman School of Management

Fares Boulos (MBA ’79)Affiliated Professor ofPractice in Strategy,INSEAD

Petra Cooper (MBA ’95)Founder and President,Fifth Town Artisan CheeseCompany

Tim DattelsPartner,TPG Capital, LP

Chrystia FreelandGlobal Editor at Large,Thomson Reuters

Lalita GupteChairperson,ICICI Venture FundsManagement Company Limited

Daisy Ho (MBA ’90)Deputy Managing Directorand CFO,Shun Tak Holdings Limited

Peter KadasPrincipal,Bakala Crossroads Partners

Gerry MabinFounder,The Mabin School

David SamuelPartner,Birch Hill Equity Partners

A. Michael SpenceProfessor Emeritus,Stanford University

George StalkSenior Vice-Presidentand Director,The Boston Consulting Group

Doug SteinerConsultant,Versus Associates

Belinda StronachExecutive Vice-Chairman,Magna International Inc.

The CampaignCabinetThe Rotman School hasamassed a veritable who‘s whoof senior Canadian businesspeople to help spearheadour $200-million campaign.

Brendan CalderEffective Executive in Residenceand Adjunct Professor ofStrategic Management,Rotman School of Management

Kevin Dougherty (MBA ’98)President,Sun Life Financial Canada andSun Life Global Investments

William Downe (MBA ’78)President and CEO,BMO Financial Group

Lindsay Duffield (MBA ’85)Partner in the CanadianDealer Acquisition Fund,BMW Canada Inc.

James FleckChair, Business for the Arts,Fleck Management Services

Mitchell GoldharPresident and CEO,SmartCentres

Donald Guloien (BCom ’80)President andChief Executive Officer,Manulife Financial Corporation

Mary Hallward (MBA ’85)President andChief Investment Officer,Troon North Capital

Melinda Rogers (MBA ’97)Senior Vice-President,Strategy & Development,Rogers Communication Inc.

Daniel Sullivan (MBA ’71)Consul General of Canada,Consulate General of Canada,New York

Gordon WinstonHead of Structured Finance Fund,DRI Capital

Mark Wiseman (JD/MBA ’96)Executive Vice-President,Investments,Canada Pension PlanInvestment Board

The Rotman VisionFund BoardThe Vision Fund Board is agroup of alumni who solicitpeer-to-peer gifts on behalfof the Rotman School andeducate others about theimportance of annual giving.

Sidney Amster (MBA ’82)President,Phase II International

Fariba Anderson (MBA ’04)

Harvey Botting (MBA ’85)

Garry Chan (MBA ’03)Managing Partner,Procase Consulting Inc.

Wade Felesky (MBA ’01)Managing Director,Investment Banking,GMP Securities LP

Jane Gertner (MBA‘76)Principal,Jane Gertner Associates Inc.

Merle Kriss (MBA ’77)President,Kriss & Associates Limited

Gerald Legrove (MBA ’85)President and CEO,DGA Careers

Joyce Rankin (MBA ’05)Manager, Mental Healthand Identification Programs,Street Health

Gerry Rocchi (MBA ’81)Principal,Green Power Action

Amir Shalaby (MBA ’78)Vice-President,Power System Planning,Ontario Power Authority

Ruth Woods (MBA ’84)Chief Operating Officer,Osler, Hoskin & Harcourt LLP

15

ROTMANBOARDS

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RESEARCHFACULTY

STUDENTSUPPORT

BUILDING

16

$126.8MILLIONRAISED

2009–10 BREAKDOWN

Expendable* $5,317,515

Endowed* $1,157,100

Bequests $18,000

Government Matching Money $150,000

Total raised $6,642,615

* Includes pledges and cash gifts

GETTING TO $200 MILLION

The money raised will be allocated as follows:

2010

CAMPAIGNFUNDRAISINGPROGRESS

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17

International Faculty

Rotman 70%

Columbia 63%

Stanford 36%

Wharton 36%

Harvard 35%

Financial Times 2010 MBA Rankings

ROTMANAT A GLANCE

International Students

Rotman 35%

UCLA 33%

NYU Stern 32%

Kellogg 31%

Darden 25%

Financial Times 2010 MBA Rankings

Employed at 3 MonthsAfter Graduation

Rotman 83%

LBS 81%

Stern 80%

Columbia 77%

Wharton 75%

Note: Rotman beat the average for the top 10American Schools, which was 81%

Class of 2009Annual Salaries

Average starting salary $85,454

Median starting salary $76,000

Salary range $45,000 – $200,000

These are base salaries as reported bystudents and do not include bonuses.

Top 10 Employers

BMO Kraft Canada

CIBC McKinsey & Company

Deloitte Scotiabank

IBM Sun Life

RBC TD Financial Group

Design: Douglas Counter Unlimited Illustration: Anje Jager/agencyrush.com Printing: Flash Reproductions Printed in CanadaPaper: Cascades Enviro100 Print, 100% post-consumer-waste recycled fibre, Forest Stewardship Council-certified,processed chlorine free, manufactured using biogas energy

Cert no. SW-COC-001721

Page 20: Investors’ Report 2009 –10 - Rotman School of Management€¦ · Investors’ Report 2009 –10 T H A N K Y O U. ... Roger Martin ,andJoseph ... W. Geoffrey Beattie and $25,000

Play a part in our plansto redesign businesseducation and practices,create a new generationof thought leaders, andbuild more sustainablemodels for prosperity.

For information, contact:

Ann HatchExecutive Director, [email protected]

Brian TannerAssociate Director, Annual [email protected]

Rotman School of ManagementUniversity of Toronto105 St. George StreetToronto, Ontario, Canada M5S 3E6

Charitable Registration Number 10816 2330 RR0001

The University of Toronto respects your privacy. We do not rent, trade, or sell our mailing lists. If you do not wish to receivefuture correspondence, please contact us at 416.978.2139 or 1.800.463.6048 or [email protected].

rotman.utoronto.ca