July 02, 2003

LOS ANGELES — The Anderson School at UCLA has appointed Alfred E. Osborne, Jr., associate professor of global economics and management, to the position of senior associate dean. In his new role, Osborne will be responsible for overseeing a variety of key areas and initiatives within the School, including development, alumni relations, career and corporate initiatives, career management and executive education. This newly created position will take effect July 1, 2003.

Osborne’s key objective will be to enhance relationships with a number of constituencies within the business community. His aim is to develop more recruitment opportunities for students and support for the companies that hire them; to create and maintain a favorable climate for giving to the School in order to support its faculty, students and research centers; and to facilitate initiatives designed to enhance the relationship between The Anderson School and its alumni.

Previously, Osborne served as director of The Anderson School’s highly ranked Harold Price Center for Entrepreneurial Studies. Under his leadership, the Price Center has won significant private sector financial support, established a strong network of alumni active in entrepreneurial companies and venture capital, produced several noteworthy executive training programs, and helped hundreds of students with job opportunities.

“No one is more capable of successfully combining these key efforts than Al Osborne,” said Bruce G. Willison, dean of The Anderson School. “I am encouraged by the opportunities this new alignment and Al's leadership offer our School to deepen alumni relations, enhance recruiter relationships, promote executive education and broaden corporate points of contact.”

Earlier in his career at The Anderson School, Osborne held other administrative positions, including that of associate dean and director of the MBA Program. Osborne will be transitioning from his faculty director position at The Price Center, although providing important continuity as part of the Center’s Board of Advisors. In a related move, Elaine Hagan (MBA ’91), who is currently associate director of The Price Center, is being promoted to executive director.

Through his academic endeavors, Osborne has organized faculty research, student activities and curricula related to the study of entrepreneurship and new business development at The Anderson School. He serves as faculty director of the Head Start/Johnson & Johnson Management Fellows Program conducted at UCLA and has led the development of several management-training programs designed to train leaders in the field of early childhood education, as well as the highly successful Management Development Program for Entrepreneurs.

With Osborne’s support, the Price Center established a Director Training Institute led by Dr. Duke Bristow, which is designed in part to help officers of private firms prepare for the higher level of scrutiny that comes when they take their companies public. This institute also conducts research on governance and seeks to educate directors and officers of public companies regarding SEC regulations, Nasdaq rules, FASB considerations, and the current best practices in corporate governance.

A corporate governance expert himself, Osborne supports more knowledgeable and independent boards of directors with heightened understanding of their fiduciary duties. He believes that there should be greater corporate accountability, more transparency, and more stringent laws against white-collar crime and that executive compensation should be better aligned with the long-term interests of shareholders.

Dr. Osborne plays an active role on a number of public corporate boards, currently serving as a director on the boards of Nordstrom, Inc., Equity Marketing, Inc., and K2, Inc., and having served previously on the boards of the Times Mirror Company, US Filter Corporation, ReadiCare, Inc., Greyhound Lines, Inc. and First Interstate Bank of California.

Osborne’s current research interests include venture capital, restricted securities and market liquidity, and the role of the board of directors in private and public corporations. He remains active in the entrepreneurial and venture development community, has served on the editorial boards of several journals, and consults with growing companies on business and economic matters. He was the first recipient of the Richard J. Riordan Spirit of Entrepreneurship Award and was a recipient of the 3rd annual BridgeGate 20 Awards, which recognizes contributions to the high technology community in Southern California.

Osborne, who was born in the Republic of Panama and speaks fluent Spanish, is a graduate of Stanford University, from which he earned four degrees: a Ph.D. in business and economics, an MBA in finance, an MA in economics and a BS in electrical engineering.

Osborne resides in Sherman Oaks, California with his wife Nancy Rahnasto, a former Disney consumer products executive, and their 16 year old son, Alex.

Media Relations