Wharton Alumni Magazine
Spring 2005
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Alumni Association Update

Leadership Spotlight

And So it Goes...

David N. Feldman, Esq., W'82, L'85

DEAR FELLOW ALUMNI:

In this, my final message to you as Chairman of the Wharton Alumni Association Board, I'd like to look back on some of the exciting developments I've seen in our alumni network in my seven years of service with the Board. I'd also like to share some thoughts on whither we go from here.

We're more visible. When I joined the Board, it was a hard-working and active but little known and little recognized body. Now, with our presence in this Magazine, numerous events held jointly with the Board of Overseers and other Boards, much greater presence on campus and significant support from our amazing Dean and his administration, our Board and the alumni network it represents are very much on the radar screen. This means more and more support from the school, as well as more opportunities for alums to benefit from participation in the network.

We're evolving. Thanks to technological developments, our club network has grown from a geographic based set of affiliations to include so-called "affinity" clubs such as the Wharton Private Equity Network and Wharton Health Care Network. We expect several more groups in the next year or so. Affinity clubs allow alums to network with others in their industry, not just those who happen to live in the same city.

We're making our voice heard. Your alumni club leaders from around the world attend an Alumni Leadership Conference each May in Philly. The Board and school are committed to continuing this annual event, which ensures that your local needs and interests are heard and addressed by the alumni leadership and the administration. This interaction has had positive results, including, for example, the school's funding of mailings by individual clubs.

We're more student-focused. We have underscored the need for current and prospective students to learn about, understand and access the alumni network—which is key to the future success of both the network and the school itself. In addition to "priming" the pipeline for future active alums, we are letting students and prospective students see firsthand that being a Wharton student or grad means having access to a tremendous and welcoming group of dedicated alums.

We're more development-focused. We believe that the Board has a responsibility to help the school build greater financial support from its alumni. Altruistic? Perhaps—but this is also a self-serving endeavor for all alumni. As we help raise endowment, program and scholarship dollars, we contribute to the long-term value of our own degrees. Unfortunately, we rank very low against our peer institutions in terms of percentage participation by alums in the Wharton Annual Fund. Our Board has made it one of our missions to determine the reasons for this reduced level of participation and to suggest ways to improve it. We hope more and more alums will realize the importance of giving back to the school and the community that gave them so much.

As for the future... I am honored to have been part of the growth of the last seven years, and I am confident that my successors will build well upon the foundation we have laid. As they carry on this important work, I ask four things of them on behalf of our alumni: 1) maintain as a priority the strengthening of the alumni network, 2) be willing to think big thoughts and consider big changes, 3) tell every active alum how much the school needs their time and talent, and ask for his or her ongoing commitment and 4) support our Dean and administration, while also challenging him to always advance the interests of the alumni network.

To you, my fellow alumni, I wish for you an endless number of connections among fellow Whartonites, an attitude to "take the call" when a student or Wharton alum calls you, and a strong feeling of connection back to your alma mater.

As always, if you are currently an active member of Wharton's alumni network, thank you for your dedication. If you are interested in getting involved, start by going to wave.wharton.upenn.edu to find a Wharton alumni club in your region or your area of interest.

Please feel free to call or e-mail me directly with any questions. Thank you for your support of the Wharton Alumni Association and thanks for letting me communicate with you here in the Magazine for the past several years.

Please feel free to call or e-mail me directly with any questions. Thank you for your support of the Wharton Alumni Association.

Sincerely,

David N. Feldman, Esq.,
W'82, L'85
Chairman, Wharton
Alumni Association dfeldman@feldmanweinstein.com

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