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Thursday, September 20, 2012

Diversity as Key Factor – Schumpeter Leadership Scholarship awarded for the first time

The Kellogg-WHU Executive MBA Foundation is pleased to announce the first recipient of its Schumpeter Leadership Scholarship. Jeffrey S. Rains, who will begin as a student in the Kellogg-WHU Executive MBA Program on September 16th, will be officially awarded the scholarship during graduation ceremonies of the Kellogg-WHU EMBA Class of 2012 on October 27th. Upon being informed of his award, Rains stated: “I am so thrilled and honored to receive this prestigious scholarship. I assure you, that as a Kellogg-WHU student and future alumnus, I look forward to actively supporting the Schumpeter Fund so that deserving students can increase and strengthen awareness within non-profit sectors or entrepreneurship.”

As a distinguished graduate of West Point, this year’s recipient is currently serving for the Assistant Secretary of Defense, United States Army in Wiesbaden, Germany. His extensive leadership role in a governmental organization will serve to add yet another diverse perspective within his cohort. “I anticipate that I will retire from the Army in 2015 in which point I will have completed 20 years of service to my country, “ says Rains. “ I believe that the Kellogg-WHU EMBA Program will help me to transition from government service to service in the private sector.”

Miriam Mertens former Chairmen of the foundation and still Member of the Board, expressed her gratitude upon being informed of the final decision:  „When the students of the Kellogg-WHU EMBA Program, established the Schumpeter Scholarship two years ago, they were uncertain when we would reach our goal and be in a position to award the first scholarship.  Thanks to the personal support of alumni, companies, Professor Larry Franklin (Adjunct Professor of Finance at HKUST) and the WHU Foundation, we are in the fortunate position to award the first scholarship well ahead of schedule.” Benjamin Didszuweit, present Chairman of the Schumpeter foundation adds: “This scholarship plays a role as part of the student's „funding mix“ necessary to pursue an MBA in the Program, and can indeed serve as the key factor in choosing the Kellogg-WHU Program over another. We are very pleased to welcome Jeffrey Rains to the Kellogg-WHU Program.”

WHU Schumpeter Leadership Scholarship