2014 Leeds School of Business Distinguished Alumni and Service Award Recipients

Laurence Jones is the Executive Chairman of Coalfire Systems, Inc. that provides IT audit, security, and compliance solutions based in Louisville, CO.  He also serves as a director of Diligent Board Services (NZX:DIL) in New York City that provides a SaaS portal for boards of directors and corporate executives, Essential Power, a private power generation company and NACD Colorado Chapter. Larry has over twenty-five years of experience in running global public and private companies in the BPO, marketing services, enterprise software, smart-grid, information and IT services industries.  Jones has a proven track record as the CEO of six companies executing buy-and-build strategies, new business initiatives and leading high-growth and turnaround situations. Most recently, Jones was CEO of Denver, Colorado based StarTek, Inc. (Publicly Traded NYSE: SRT). Over the past 15 years he has served as Director of thirteen private equity, public and VC-backed companies and Executive Chairman of two others. Jones graduated from Worcester Polytechnic Institute in 1975, and earned his MBA from Boston University in 1980.

Larry has been involved in the Leeds Deming Center for 16 years. He became an advisor in 1998 and joined the Executive Committee in 2001. He became Deming Board President in 2008 and Finance Chair in 2011. As part of the Deming board, Larry and others were instrumental in the repositioning of Deming as a leading Sustainability MBA program in 2008 and the transition the Center to Deming 2.0 in 2013. Larry also served on the Leeds Board from 2009-2014.

Colorado School of Business graduate Bill Marolt forged a career as one of the most accomplished collegiate and Olympic athletic figures in America, building successful athletic programs at every level and growing sports organizations as businesses to support athletics.

Marolt was a 1964 Olympian and a standout Univ. of Colorado student athlete, graduating with a bachelor of science degree in marketing in 1967. He went on to become head ski coach, piloting the Buffs to seven straight NCAA championships with 30 athletes winning All America honors. He left CU in 1978 to work with the U.S. Ski Team, leading the alpine team to one of its most successful periods in history, including a record five medals at the 1984 Olympics in Sarajevo.

In 1984 he returned to CU as athletic director, leading the Buffs to their greatest overall era of success including a national football title. In the 1993-94 season, a record eleven CU teams were ranked in the nation’s top 25. During that time he helped grow the athletic department and the presence of CU nationally, including the spearheading of a fundraising campaign to build the Dal Ward Athletic Center.

He returned to the U.S. Ski and Snowboard Association in 1996, where he established a Best in the World vision and grew the Olympic sports organization to become one of the most highly respected in the world. In his two tenures with the organization, he was its leader for 70 of the 95 Olympic medals USSA athletes have won in history.

As president and CEO, Marolt grew the USSA’s annual revenue from $12 to $40 million despite economic downturns. He spearheaded a $60 million endowment campaign that led to construction of the USSA’s Center of Excellence, a national training and education center that has been a game changer for U.S. Olympic skiers and snowboarders.

Since his retirement earlier this year, Marolt has continued to serve as a board member of the U.S. Olympic Committee and remains close to the USSA as a fundraiser and one of its biggest fans.

He and his wife Connie now split time between their homes in Boulder and Paradise Valley, AZ.

Sharon F. Matusik is a Professor of Strategy and Entrepreneurship at the Leeds School of Business, University of Colorado. She earned her Ph.D. in Strategic Management from the University of Washington, and her undergraduate degrees (Economics and English) from Colby College.  Prior to joining academia, she worked in the management consulting field. 

Her current research focuses on entrepreneurial and venture capital firms and on innovation and knowledge sharing in established firms. For example, she had looked at topics such as how markets value innovation activities of firms, what accounts for variation in profitability levels of entrepreneurial firms, and how the diversification of a venture capital firm (i.e., the different industries it invests in) affects the performance of the venture capital firm.  She is also interested in how innovation and entrepreneurship affect economic development, with research studies examining topics such as what drives the development of entrepreneurial ecosystems in developing economies, and what influences whether the value from innovations that originate in developing economies stay in the home country or is appropriated outside of that country.  Her work has been published in the top academic journals in the field of management, such as Strategic Management Journal, Academy of Management Journal, and Academy of Management Review and is widely cited. 

Professor Matusik's teaching interests are in the area of Strategic Management and Entrepreneurship and she has taught extensively at the MBA, Ph.D., and executive level.  She has also taught in a range of custom executive education programs for firms such as Royal Dutch Shell, POSCO (the world’s third largest steel manufacturer) and Marathon Oil.  In addition, she spent a semester as a Visiting Professor at Universidad del Desarrollo (UDD) in Santiago, Chile; UDD is ranked number one in Entrepreneurship in Latin America.

Her service contributions have been many--both to the University of Colorado and Boulder community as well as to the academic field of management.  Within the Boulder community, she has served in two major leadership roles.  She served as the Academic Director of our Deming Center for Entrepreneurship for three years.  During this time, undergraduate enrollments in entrepreneurship classes increased to 834 students in our classes, up from just over 500 and entrepreneurship continues to be a primary interest for our incoming MBAs, with 47% of incoming students stating this as one of their primary interest areas.   The teaching quality at all levels has also been consistently excellent.  The research accomplishments of the entrepreneurship faculty and doctoral students have also been incredibly impressive.  They garnered 8 internationally recognized best paper awards or nominations in the past year as well as one major national teaching award nominations during this time period.  In addition, she co-organized two academic research conferences over her three years, both of which were extremely well received and attracted scholars from around the globe, including a Nobel Laureate.  These accomplishments furthered the reputation of the Leeds School as an international thought leader in the field of entrepreneurship. 

Her other major administrative role was a three-year term as Director of our doctoral program in Strategic, Organizational, and Entrepreneurial Studies.  During this time period, PhD student applications grew in terms of both quality and quality and student achievements from those co-horts increased. 

In addition to these positions, she has served on countless committees in the areas of recruiting committees, promotion, research, and teaching.   She is also a resource for the business community locally and internationally, speaking to audiences on topics related to innovation, venture capital, entrepreneurship, and women’s leadership. 

Professor Matusik also has played an important role in serving her profession.  She served as the Knowledge and Innovation group Chairperson for the Strategic Management Society, served on the editorial board of three of the most prestigious editorial boards in her field, and has been a resource to many in her field through her participation as a mentor and speaker in numerous professional development activities, and a reviewer for many journals, award designations, and conferences. 

She has also served on the Board of Directors of two organizations and spends her free time trying to keep up with her 9 and 12-year-old daughters and husband on the ski slopes.

Built on more than 130 years of experience, Phillips 66 is a growing energy manufacturing and logistics company with high-performing Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Partnering with the Leeds School of Business at the University of Colorado Boulder starting in 2009, Phillips66 has gained the spot as the most comprehensive growth partner Leeds has ever seen. As Colorado is a tier one energy state, it only makes sense that the Flagship Business School, is partnered with Phillips 66 as a Fortune 10 company. Our robust partnership spans almost all areas of the Leeds School’s mission to educate principled innovative leaders that drive value. Leeds’ students, faculty, staff, and administration have more than taken notice of the extent that the Phillips 66 team is woven into our University of Colorado Boulder community – from knowledge creation to knowledge dissemination. The people of Phillips 66 are what make a difference in our robust partnership. Alumni, friends, and executives have gone over and beyond to ensure a mutually beneficial partnership over the years. Philanthropic investments, not only annually, but a significant gift in 2014 to help Leeds redefine our “Whole Student Experience,” have been leveraged to change the face of business education at the Leeds School.  Strategic partnerships of this nature are what will change the world for the better. The Phillips 66 values' of honor, safety and commitment are proudly supported by the Leeds School and broader University of Colorado community. It is the Leeds School’s great pleasure to recognize the people of Phillips 66. We are Phillips 66! We are Buffs!

Boulder native Bill Reynolds has the good fortune and health to ride his bike the long way every day to the W.W. Reynolds Companies offices in downtown Boulder.

He attended Boulder schools including Boulder High where he played David in Thornton Wilder’s “Our Town”.  He was elected “Head Boy” in his senior year.

Bill graduated without distinction from the University of Colorado in 1960 with a B.S. in business.  After college he served his country as a naval officer for two years active duty aboard the USS Bennington (CVS20).  He really enjoyed his shore leave in Hong Kong and Yokosuka.

He formed Reynolds and Company in 1966 after selling houses in Denver for Moore Realty.  His company sold residential real estate in Aspen… between powder days and hanging out at the Red Onion.

Bill still owns his first development project, a 6,000 square foot plumbing warehouse, built in 1970.  Over the ensuing years the Reynolds Companies have been involved in developing and owning over 3 million square feet of commercial properties.

Currently the Reynolds properties in Downtown Boulder total 600,000 square feet and their management portfolio contains 3,000,000 square feet and 440 tenants.

Bill has served his community as a member of the Board of Directors for the Boulder Chamber, the Boulder YMCA, and the Board of Trustees for the Boulder Community Hospital Foundation. He was a founding member of the CU Real Estate Center and served as President of the Center as well as the first president of the University of Colorado Real Estate Foundation.  Bill particularly enjoyed serving as vice-chair of Patty Limerick’s Center of the American West and remains on the Board of Directors. Currently he is a member of the Boards of Directors of the Neenan Companies and the Newton Running Company. Bill has been an active ULI member since 1970. Bill and The W.W. Reynolds Companies have been honored twice as NAIOP's Colorado Chapter Developer of the Year and most recently, Bill was honored with NAIOP’s Lifetime Achievement President’s Award. 

Bill is proud of the changes he’s made to Ft. Collins and his home city of Boulder.  He smiles and feels good to see his developments being used profitably and enjoyably by others.

Bill and his wife of 46 years, Jane, and dog Belle reside in Boulder along with their three children and five grandchildren.

Mary Rhinehart is President and Chief Executive officer of Johns Manville (JM).  Prior to holding this role she was JM’s CFO with responsibilities encompassing all financial elements of the organization as well as global supply chain.

Since joining JM in 1979, Mary has held roles in international and domestic banking, compensation, benefits management, community relations and organizational planning.  Her background includes management and bottom-line responsibility for a business unit, global treasury, human resources and strategic business development, including directing a variety of acquisition activities.  She has held finance leadership roles in most of JM’s businesses.

Mary takes great pride in giving back and encouraging members of her team at JM to do the same.  She has been pivotal in the growth of JM’s corporate philanthropy program and currently serves on the CoBiz Financial Board of Directors, the University of Colorado Health Systems Board, the University of Denver’s Daniels College of Business Executive Advisory Board, the Ply Gem Holdings, Inc. board, and the Executive Committee for the Policy Advisory Board for the Harvard Joint Center for Housing Studies.  In 2011 she was named Woman of the Year by Women’s Vision Foundation; in 2008, she was named CFO of the Year by the Denver Business Journal and was celebrated by the Girl Scouts Foundation as one of their Women of Distinction.  Additionally, she is a member of the Colorado International Women’s Forum (serving as President in 2013), The Leadership Investment (formerly the Women’s Vision Foundation), and the Colorado Forum.  Mary was formerly Chairman of the Board of Craig Hospital and a former board member of both the Denver Chamber of Commerce and Kempe Children’s Foundation.

Tandean Rustandy is the founder and Chief Executive Officer of PT Arwana Citramulia Tbk., one of the best-performing ceramic-tiles-manufacturing company in the world. Arwana Citramulia Tbk. has been awarded the “Best of the Best” companies in Indonesia in the years 2011, 2013, and 2014, Forbes' best 200 companies under 1 billion USD in Asia pacific region in 2006 and 2014, as well as “Best Listed Company” from the Capital Markets Awards in 2014 by the Indonesian Stock Exchange. Rustandy obtained his Bachelor of Science from University of Colorado, Boulder, Leeds School of Business, and Master of Business Administration from the University of Chicago, Booth School of Business, where he currently sits on the Global Advisory Board and Council. Rustandy was made an “Honorary Citizen of Boulder, Colorado” in 1987 and was awarded “Indonesia’s Young Entrepreneur Award” from Ernst & Young in 2002, the “Distinguished Entrepreneurial Alumni Award” from Chicago Booth School of Business in 2011. Most recently, he was awarded “Best CEO” by Finance Asia in 2014.