The Executive-in-Residence program is part of the College’s managerial economics program, which was established in 2001 to offer management and business education in a liberal arts context. Executives in residence spend a short period of time at Allegheny teaching economics, management and business courses. They also mentor students and meet with members of the local business community to share ideas about contemporary economic and business issues.
David Paterson, president and chief executive officer of AbitibiBowater, the world’s eighth largest publicly traded pulp and paper manufacturer, served as Executive in Residence at Allegheny Nov. 14–17, 2010.
During his visit, Paterson taught in a variety of classes including introductory and advanced managerial economics, organizations and contracts, financial accounting and strategic environmental management. He discussed wide-ranging issues in business and finance including: personal insights into his firm’s experience with bankruptcy during the recent economic crisis, the ripple effects that declines in print publishing have created in the paper, pulp and forestry industries, sustainable forestry practices, and strategies for achieving business success even in difficult circumstances. Prior to the merger of Abitibi-Consolidated Inc. and Bowater Inc. in 2007, Paterson was chairman, president and chief executive officer of Bowater Inc. He came to Bowater from Georgia-Pacific Corporation, where he was most recently executive vice president in charge of its building products division. Previously Paterson worked for Southwest Forest Industries and Continental Forest Industries. He holds a bachelor’s degree from the Cornell University School of Industrial and Labor Relations and a master’s in business administration from the University of Michigan.
Executive in Residence, 2009
On Oct. 15-16, Mark D. Hanson ’83, visited campus as our Managerial Economics executive-in-residence. Mr. Hanson serves as vice president, mortgage funding, investment and capital markets at mortgage giant Freddie Mac. He delivered a myriad of talks as a guest lecturer in a wide range of economics classes ranging from introductory level micro and macroeconomics to advanced managerial economics. He also met with students and faculty members during private luncheon meetings and one-on-one office hour sessions. Mr. Hanson addressed topics including: the internal workings of the mortgage industry; the state of today’s mortgage and financial markets; and how a student can secure employment in the financial sector.
The Managerial Economics program continued its tradition of reaching out to the Meadville business community, featuring Mr. Hanson as the guest of honor at a dinner with local professionals in the finance industry. Bankers and investment professionals from Crawford County engaged in a fascinating yet sober discussion of the 2009 financial meltdown and Mr. Hanson’s views on the current housing market.
Executive in Residence, 2008
Vice President, Sales Americas,
Nakina Systems, Inc.
Nakina Systems Headquarters
411 Legget Drive Suite 300.
Ottawa, ON K2K 3C9 Canada