Daniel Schweiker and James Myers
ALUMNI TO PRESENT EXECUTIVE IN RESIDENCE LECTURE
- Wednesday, March 11, 8 p.m., First Christian Church, Lincoln, Neb.
- Thursday, March 12, 8 p.m., First United Methodist Church, Fort Collins, Colo.
- Friday, March 13, 8 p.m., Augustana Lutheran Church, Denver
Patty Kumbera, Larry Mayhew and Michael Case-Haub.
- Patty Kumbera, PH’88, is co-founder and chief operating officer of Outcomes Pharmaceutical Health Care in Des Moines. She previously was director of managed care services at the Iowa Pharmacy Association. Kumbera is a member of the Drake College of Pharmacy’s National Advisory Council.
- Larry Mayhew, PH’67, who owned six pharmacies in the Phoenix, Ariz., area until his retirement in 2005. A resident of Fountain Hills, Ariz., Mayhew serves as president of the Arizona Pharmacists Association and the American College of Apothecaries.
- Michael Case-Haub, PH’02, is pharmacy manager of the Hy-Vee Pharmacy in West Des Moines. He has served as a leader in implementing and receiving reimbursement for clinical pharmacy services in the community pharmacy setting. He is a member of the Iowa Pharmacy Association, among others.
Nancy Sebring, Judith Cunningham and Scott Raecker.
- Nancy Sebring, superintendent of the Des Moines Public Schools. A resident of Des Moines, Sebring received her master’s, specialist and doctorate degrees in education from Drake.
- Judith Cunningham, who retired in 2008 as executive director of K-12 Regional Programs for Des Moines Public Schools. She had worked for the school district for 40 years. A resident of Estes Park, Colo., Cunningham received her master’s degree in education from Drake.
- Scott Raecker, state legislator and executive director of the Institute for Character Development at Drake University. Raecker is a resident of Urbandale, Iowa.
President David Maxwell
DRAKE LOOKS INWARD TO SECURE SOLID POSITION WITHIN SHAKY ECONOMY
In addition to all of the ways Drake is helping its alumni,
students, faculty, staff and area residents weather the economic crisis, the
University also is positioning itself to withstand the storm.
Drake leaders recently held a town hall meeting to inform
faculty and staff about the University’s own position in the economy.
University leaders announced a set of precautionary measures that involve
delaying or reducing certain types of expenditures until there are revenues to
“At Drake, we have been monitoring the situation with
great attentiveness and care,” said President David Maxwell.
“Fortunately, to date we have not found it necessary to undertake any
dramatic, short-term measures…the key issues are retention of current students
and meeting our enrollment goals for entering first-year students and
Drake’s retention rate in recent years has been extremely
higher than average, and the University significantly exceeded first-year
enrollment goals for the past two years.
“The good news in all this is twofold: one of our
strategic goals was to create a University that had the strength, flexibility, resiliency
and agility to manage change, and to respond to the unexpected,” Maxwell
added. “Our ability to ride out the storm thus far suggests that we
achieved that goal.”
“The critical question as we plan for next year (and
the years following) is the impact that the economic downturn will have on our
students’ (current and prospective) ability to afford Drake, even with our low
cost (relative to our peers) and considerable ($44 million) commitment to
financial aid,” Maxwell said.
If Drake’s enrollments and revenues miss the mark, the
University will respond based on four carefully planned budget scenarios (best
case, likely case, worse case and worst case).
Although Drake’s position is strong
— thanks to solid support in the past — the ability to continue operating in
a similar position hinges on the support of Annual Fund programs. These
programs provide the University its most flexible tool for meeting the needs of
its students, faculty and staff, especially in these challenging times.
“It would be foolish to expect,
of course, that the economic crisis will not affect Drake in some ways. It is
already having an impact on endowment income and gifts to annual fund,”
“But if we continue to meet our
enrollment goals, and if our alumni and friends renew their philanthropic
commitment to the University, the ‘best of times’ will continue at Drake,
thanks to the energy, wisdom, commitment and generosity of everyone who has
helped us get to this point.”