financialissues37

(December 9, 2010) The Top 10 CoB Stories of 2010 By Duane Cobb Each year at about this time I provide USMNEWS.net my top ten news items involving USM’s business school for the year. This is Part 2 in that countdown for the top CoB stories of 2010.

6. Retirement Incentive Program to Hit CoB – In its effort to bridge the expected $15 million gap in the FY12 USM budget, the Martha Saunders administration secured the IHL’s approval of a plan to pay eligible USM retirees one-half of their current salaries if they retire on 30-June-2010. USM chief financial officer Russ Willis reported that USM holds about $3 million in unallocated reserves to make these expected payouts.

(December 10, 2010) The Top 10 CoB Stories of 2010 By Duane Cobb Each year at about this time I provide USMNEWS.net my top ten news items involving USM’s business school for the year. This is Part 3 in that countdown for the top CoB stories of 2010.

3. Nail Friend, James Tisdale, Joins CoB – The news that CoB dean Lance Nail hired friend, James Tisdale, to be the CoB’s new director of external relations, of all things, was disheartening to many USM followers. The institution was, and still is, struggling with an economic crisis that has its fiscal situation in disarray.

(December 10, 2010) The Top 10 CoB Stories of 2010 By Duane Cobb Each year at about this time I provide USMNEWS.net my top ten news items involving USM’s business school for the year. This is Part 3 in that countdown for the top CoB stories of 2010.

1. Good Night, and Good Bye to ECO – Even though the CoB’s economics program was eliminated, and its faculty terminated, back in the fall of 2009, the story surrounding this move continued to make big news into 2010. The Martha Saunders administration eventually reversed itself somewhat by accepting the economics faculty’s plan to save the four mostly junior professors (Akbar Marvasti, Sami Dakhlia, Daniel Monchuk, and Deniz Gevrek) and the program, after moving it to the liberal arts college, if the five mostly senior faculty (William Gunther, George Carter, Trellis Green, Mark Klinedinst, and Edward Nissan) would go quietly (and, essentially, forcibly) into retirement.