The Executive-in-Residence Program Celebrates Another Great Year

Thursday, May 22, 2014

On Thursday, May 15, 2014, the Peter J. Tobin College of Business celebrated its Seventeenth Annual Executive-in-Residence Program Convocation at Leonard’s Palazzo 555 in Great Neck, New York with approximately 200 students, executives, faculty, administrators and guests. 

“I was fortunate enough to participate in EIRP during both my undergraduate and graduate time at St. John’s University, and I can say with certainty that the EIRP program has truly been one of my best experiences. The opportunity to interact with executives and work on real-world business projects, as well as the motivation from Dr. Boone to always produce high quality presentations, has been invaluable in preparing me to enter the workforce. I believe that participating in the program gives me a great advantage because I have made connections, learned how to solve real management problems and learned to work very effectively in a team.  I will be forever grateful to St. John’s for allowing me this opportunity and hope to use the skills I’ve learned to represent the University well in all of my future career efforts,” said graduate student and this year’s National Grid Award recipient Nicole Horan.

Other award recipients included undergraduate student Joseph Avellino, the Eugene J. Sullivan Award; John Lessard of Developmental Disabilities Institute, the Henry O. Ruhnke Executive Award; Michael Losito, the Ridgewood Savings Bank Award; and John Kenny and Nathan Holmes,  EIRP Alumnus Awards.

Demonstrating a true example of support of education, three generations of the Losito family traveled to New York to celebrate with Michael as he received an award for outstanding achievement. “St. John's has been a fixture in our family for over half a century,” said Losito.  “My grandfather earned his undergraduate degree, while my father completed both his undergraduate and graduate studies at the university.  I had long heard stories from relatives about how their time here contributed to their success so I decided to continue the family tradition and attend St. John’s for my masters. While here, the EIRP course showed me why St. John's has had such a positive impact on my family and how the university sets its students up for success in their career. I can truly say that both the university and the EIRP program have been instrumental in my success so far and will continue to be a driving force in the future.”

Throughout the evening, graduate and undergraduate students shared highlights of their experience and expressed their gratitude to the executives who offered invaluable advice and critique throughout the academic year. 

Dr. Larry Boone, associate professor of management, emphasizes the importance of this program for students who want to pursue a successful career in business. “It has been my privilege to serve as Director of the Executive-in-Residence Program since 2006.  Every semester I see the EIRP students immersed in challenging strategy projects with top executives from New York’s finest business and not-for-profit organizations.  Small teams of students engage their executive facilitators in face-to-face discussions at their corporate conference tables and on campus.  The personal feedback and guidance the students receive from the executives cannot be duplicated in the classroom. This is truly experiential learning at its finest.  When presentation day arrives, you can feel their excitement as each  team of students stands in a corporate board room and delivers their analyses, recommended strategies, and forecasted results to executives from the sponsoring firm.  What I personally appreciate is seeing the students fielding questions from the executive audience and engaging as professional colleagues discussing possible future scenarios for the organization along with accompanying benefits and risks.  I am always proud to see our TCB students grow in strategic thinking capability as well as in personal confidence and professionalism through their EIRP projects.”    

Past corporate partners of the Executive-in-Residence Program include but are not limited to Broadridge, Developmental Disabilities Institute (DDI), GlassWing Solutions, Goldman Sachs, Grant Thornton, Leerink Partners LLP, Literacy Nassau, National Grid, Pfizer, Ridgewood Savings Bank, Standard & Poor’s, STV, TBWA and WeiserMazars LLP. 

About the Executive-in-Residence Program 
The Executive-in-Residence Program (EIRP) is a unique feature of the Peter J. Tobin College of Business that allows students to serve as real-world business consultants to corporations and non-profit firms. A variety of organizations utilize EIRP for fresh perspectives on business problems, new ideas for product development or solutions to other business challenges.