ISU College of Business Presents 2015 Homecoming Awards

The College of Business will present five awards at the Honors and Awards Ceremony to be held Friday, October 30 at 1:30 p.m. in the Scheman Building on the Iowa State University Campus. The event is free and open to the public.


Raisbeck Endowed Dean David Spalding said the annual awards have special meaning. “This is our opportunity to publicly thank some of our strongest supporters each year. Without their time, dedication and talents, our students wouldn’t have the opportunities they have today. We are grateful for their support.”


Citation of Achievement                                                                                                                           

Established in 1985 to honor distinguished alumni who have demonstrated outstanding achievement in life beyond the campus

DostartPaul Dostart
(’73, Industrial Administration), La Jolla, CA — A 1970 graduate of Mason City High School, Dostart was a National Merit Scholar who earned his bachelor’s degree in Industrial Administration. All six of Paul’s siblings have pursued graduate studies and five hold ISU degrees. Dostart embraced the entrepreneurial spirit early on.  In addition to leading a successful San Diego law firm, he has co-founded two biotechnology companies, serving as Executive Vice President and Vice-Chair of both. Dostart’s ISU accounting courses and CPA credential prepared him for service on the board and audit committee of a mutual fund. In the 1990’s, eight of his law clients achieved Inc 500 status. Today, Dostart primarily represents charities and philanthropists, an area he enjoys tremendously. In recent months, he worked with one client to improve environmental policies in China. He also drafted the endowment trust for the Stephen Hawking Chair at the University of Cambridge. And last May while on vacation with his wife, Joyce, Dostart arranged financing so an important excavation could begin in Israel.  “When Paul sees the need, he takes action,” Spalding said. Paul and Joyce Dostart have been recognized as members of the President’s Club of the University of San Diego, Pepperdine University and the University of Houston, and of the Order of the Knoll of Iowa State University. They have two sons, ages 33 and 29. 



Balan Nair (’89 Electrical Engineering; ’94 MBA), Denver, CO — Balan Nair is Executive Vice President and Chief Technology Officer for Liberty Global. He’s responsible for the global network, IT, and technology operations, over two continents and 53 million homes. Prior to joining Liberty Global in 2007, Nair was with AOL, and Qwest Communications International. He earned his bachelor’s degree and his MBA at Iowa State. During his undergraduate days, he was active in the residence hall association, serving as a Residence Assistance and Hall Advisor. He was also active in the Association of Malaysian Students. Nair and his peers did something remarkable when they organized a fundraiser to support Iowa farmers during the 1980s farm crisis. It was an amazing effort of compassion that prompted headlines in the Des Moines Register and praise from the Governor. “To see international college students help Iowa farmers in their time of need was truly a selfless act. Balan is an excellent representative of Iowa State University,” Spalding said. Nair and his wife, Joe Joe Chacko-Nair, (’92 Bachelor of Science – Industrial Engineering), have three children. They live in Denver, Colorado.


John D. DeVries Service Award
Established in 1985 to recognize individuals who have demonstrated outstanding service to the College of Business


Kalm2015William D. Kalm (’73, Industrial Administration, MS ’77, Interdisciplinary Industrial Administration Sciences), Phoenix, AZ — In 2004, the Iowa State University MBA Case Competition was launched thanks to the generous support of William (Bill) Kalm, a retired senior partner with Accenture, who remains actively involved with the case competition. In a case competition, students work in small teams to develop the best solution for a realistic business problem. It’s the perfect exercise for students to work with business leaders and gain real-world experience in college. Kalm was inspired to support the case competition idea in gratitude of Emeritus Professor Charles B. Handy, who served as the first dean of the College of Business from 1984 – 1989. As an accounting professor and leader of the business program, Handy encouraged students such as Kalm to become their best – both personally and professionally, in the classroom and beyond. The William D. Kalm Founder’s Award is also given to the top overall first-year MBA student. Kalm is the founder and sponsor of Iowa State’s MBA Case Competition. “Bill has made a positive difference in our MBA program and has helped us reach our rank in the top 13% in the country,” Spalding said. Kalm is a frequent guest lecturer to MBA classes, was a founder and first Chair of the MBA Executive Advisory and continues to serve on the MBA Executive Advisory Committee. He and his wife, Raedene Keeton, live in Phoenix, AZ.


Russ and Ann Gerdin Award
Established in 2009 to honor contributions from valuable corporate partners or individuals who are not College of Business graduates. The award honors Russ and Ann Gerdin, who made the lead gift for the Gerdin Business Building. Neither attended Iowa State.

McBreen2015Michael McBreen
(’88 Chemical Engineering), Lawrence, KS — Mike McBreen has had a distinguished, diverse career since graduating from Iowa State, and has been a strong community leader in many important endeavors. McBreen, Senior Vice President Global Sourcing and Product Development with Payless ShoeSource, has 20 years of experience in product development, sourcing and global supply chain operations. Today, he leads all product development and sourcing functions for Payless ShoeSource, including planning, product development, costing, manufacturing, quality social compliance and product safety. He joined Payless ShoeSource in 2011 and was previously with Wolverine World Wide, Inc. McBreen has been a guest speaker in a number of MBA and undergraduate supply chain management courses. He’s known for being a superb guest speaker and mentor for students. McBreen continuously contributes to the professional development of ISU alumni.  He is known for treating everyone with respect and genuine concern. “Mike McBreen is an outstanding professional who epitomizes what we hope all Iowa State graduates will be: excellent in their field, leaders in their communities, and individuals who give back to our students and programs,” Spalding said. McBreen is also a member of the Dean’s Advisory Council. He and his wife, Mickey, have a daughter and two sons. They live in Lawrence, Kansas.


WellsFargo2015Wells Fargo

For nearly 40 years, Iowa State has been a grateful partner with Wells Fargo, a company that has been especially important to the College of Business. Since 2002, Wells Fargo has been among the top employers for our graduates. Don Pearson Lead Regional President for Wells Fargo will accept the award on behalf of the company. Pearson previously served as the Wells Fargo Regional President of Oregon & Southwest Washington. He is also a member of the Deans’ Advisory Council. Pearson and Wells Fargo recognize the value of helping to shape tomorrow’s leaders by focusing on student scholarships and professional development for educators. Wells Fargo is extremely generous with a strong sense of community responsibility. Wells Fargo is a nationally-recognized business leader that inspires our students and values our graduates, while strengthening Iowa’s economy. “When looking to our community for support, it’s difficult to think of a more appropriate partner than Wells Fargo,” Spalding said.


The Iowa State University College of Business ranks 51st among public business programs in the country. The College offers a wide variety of programs to maximize student potential, connects students with professionals through case competitions, interactive learning, study abroad, internships and ultimately successful employment. Learn more at


For Immediate Release
October 26, 2015
Contact: Michele Appelgate, Business (515) 294-5800,



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