July 25, 1998 For Immediate Release

The Board of Governors of the University of Northern British Columbia today approved the hiring of two new, tenure-track Business Administration professors, plus one new full-time visiting professor. They will be part of an expanded number of faculty in the program:

Manfred Mauté ¾ After positions at Brandon University, Lahore University in Pakistan, and McGill University, Dr Mauté will be teaching Marketing at UNBC. His teaching has included courses in marketing principles, marketing strategy, and market research and students at Brandon have given his classes top marks for teaching effectiveness.

Peter Ostrowski ¾ He has a masters degree in Business Administration from the University of Toronto, but he also has a background in engineering and has been pursuing a doctoral degree at UBC in energy technology commercialization. He taught courses for UNBC last semester and also has managerial experience.

Charles Schell ¾ He is completing a PhD at Manchester Business School in England where he was a highly rated lecturer in finance and financial management. His recent projects include an analysis of infrastructure finance in Asia and bank¾client relationships.

"These appointments reflect our commitment to building this program," says UNBC President Charles Jago. "For example, we're going beyond simply replacing professors who have left UNBC and we're strengthening the program by adding two additional faculty positions." In total, seven Business faculty positions are currently being recruited and will be filled during the academic year.

Since August, 1997 five Business professors have resigned from the University to pursue other employment opportunities.

Dick Barth, Chair of the Business Administration program, says, "There will be a sufficient number of courses to meet the degree requirements for all five majors in the Fall." Those five majors are Accounting, Finance, General Business, International Business, and Marketing.

A proposal for a masters degree in Management has been approved by the Ministry, and the University is increasing its faculty complement in anticipation of that new program. No official start date for the masters program will be announced until after ratification by the Board at a future meeting.