Executive in Residence
- Purpose of the Executive-in-Residence (EIR) Program
To strengthen the relationship between the Graves School of Business and Management (GSBM) Honors Program and the surrounding business community.
- Description of the Program
Executives-in-Residence are highly accomplished senior executives who devote a significant amount of time to the GSBM Honors Program during a given academic year. The executives add their perspectives on contemporary business issues and challenges to the knowledge being disseminated and generated in the academic environment. EIR’s enhance the students’ educational experience by augmenting the academic structure with current business practices. Executives interact with students, faculty and staff throughout the Morgan community; in addition, they serve as ambassadors to the business community in the greater Baltimore area, region and around the country.
The activities of the executive are customized to meet both the expectations of the executive and the Program. Activities may include teaching seminars or courses, guest lectures, providing guidance regarding curriculum, engaging in research and/or helping to enhance relationships with the surrounding community. Executives often benefit from reconnecting with the academic environment by engaging with young future leaders and having an opportunity to reflect on their own professional lives.
- 2012-2013: Mr Allen Boston
Ernst & Young LLP
New York, New York
- 2010-2012: Mr J. Phillip Holloman
President and Chief Operating Officer
- 2008-2010: Mr. Kenneth R. Banks
Founder, President and CEO
Banks Contracting Company, Inc.
- Allen is a retired Partner and formerly the Americas director of campus and diversity recruiting for Ernst & Young LLP. Overall career highlights include a 36 year-career in public accounting, including over 28 years as an executive of the firm in its Baltimore, New York and Americas practices. Allen served clients in a wide variety of industries, including companies that operated on a global basis. He was one of the trailblazers for the accounting profession in initiating and developing diversity and inclusiveness efforts that help transform the profession. He served in leadership roles to promote and advance the accounting profession on national and local levels and worked with many universities’ professional organizations to address important issues impacting the profession.
Allen is currently a board member of the Nellie Mae Education Foundation, a New England-based organization that supports educational initiatives, and on advisory boards at the National Association of Black Accountants, Morgan State and Rider universities. Allen has also served on advisory boards at Michigan State, Indiana University, the University of Arkansas and North Carolina A&T State University. He has served in governance roles with the AICPA, and the Maryland and New Jersey state societies of CPAs. Boston has been quoted in national media and twice interviewed live on CNN to discuss diversity in Corporate America. Allen earned a bachelor’s degree in business administration from Morgan State University.
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- J. Phillip Holloman, was appointed President and Chief Operating Officer at Cintas Corporation in January 2008. Cintas, a Nasdaq-100 company based in Cincinnati, OH provides highly specialized services to businesses of all types throughout North America, reported sales of $3.7 billion in FY 2007 and employs 34,000 partner-employees in more than 400 locations.
Mr. Holloman began his career with Cintas in 1996 as Vice President of Engineering/ Construction. During his 4 years in this position, he and his team built 37 new Cintas Rental Division processing facilities and standardized the use of automated processing equipment systems. He also implemented a process that reduced the time it took for new facilities to achieve target-operating efficiency by 75 percent.
In 2000, Mr. Holloman became Vice President of the Distribution/Production Planning Division at Cintas. Over a 3-year period in this position, Mr. Holloman’s team used Six Sigma methodologies to transform the division from operating $7 million in the red to operating $2 million in the black, while at the same time improving service levels, internal customer satisfaction and reducing inventory levels.
On the heels of Distribution/Planning Division success, Mr. Holloman became the Executive Champion of Six Sigma Initiatives in 2003. To date, the Six Sigma initiative has driven more than $175 million to the company’s bottom line in savings. Mr. Holloman has lectured nationally on the benefits of using Six Sigma methodology.
In 2005, Mr. Holloman was promoted to Senior Vice President of Global Supply Chain Management, with 2,500 employee-partners and an operating budget of $600 million. Holloman’s responsibilities included managing 14 garment manufacturing facilities and 7 distribution centers, and overseeing product sourcing from more than 400 vendors in 28 countries around the world.
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- Kenneth R. Banks founded Banks Contracting in 1980 and has served as the company President since its inception. For the past 28 years, he has grown Banks Contracting from a small three-man operation in 1980 to an award winning multi-million dollar company that employs 40 professionals. Today, Banks Contracting provides construction services on some of the largest projects in the region, including The New Clinical Building at Johns Hopkins Hospital, which is currently the largest hospital project in America.
In 2001, Kenneth Banks expanded on his commercial construction experience into the world of real estate development. He began acquiring commercial properties in the region and now is an equity owner in numerous projects, including biotech buildings, commercial properties, condos and housing rentals. In 2008, Banks Development was recognized as the Minority Developer of the Year by the City of Baltimore.
Mr. Banks serves as a member of the board on the Chesapeake Crescent Commission (a regional think tank chaired by Governor Martin O’Malley of Maryland, Governor Tim Kaine of Virginia and Mayor Adrian Fenty of the District of Columbia), the Maryland Affordable Housing Trust, and the United Way of Central Maryland.
Mr. Banks graduated from Adelphi University in 1974 with a degree in Education and completed a program for executive management development at Dartmouth College. He is a past member of the board of Trustees at Adelphi University and has served as the Executive-in-Residence at Morgan State University’s Earl G. Graves School of Business and Management Honors Program.
Mr. Banks is a published writer, a full contact international karate champion, a certified scuba diver, skydiver and skier. He has been a contributing writer for Channel Magazine and a featured speaker at The Wharton School’s annual Whitney Young Conference. Mr. Banks was one of the honorees of the 2007 Father of the Year award by the American Diabetes Association and the Father’s Day Council of Maryland. Mr. Banks chaired the American Heart Association’s 2009 Heart Ball in Baltimore.
2008-2010 Selected Activities: Mr. Kenneth R. Banks
- Welcome Reception with Graves School Faculty
- Attendee - Up Front Dialogue Executive Speaker Series with Lockheed Martin and SUPERVALU
- Visit to Advanced Entrepreneurship Class with Dr. Robert Singh
- Book Discussion: Blue Ocean Strategy with Graves School Honors Students
- Panelist, Whitney Young Conference, Wharton School, University of Pennsylvania
- Keynote Speaker - Graves School Honors Program Graduation Dinner Keynote Speaker, 2009
- Attendee - Graves School Honors Program Graduation Dinner, 2010
- Attendee - Advisory Board Meetings
- Host – Up Front Dialogue “Signature Series” with Attorney Sheela Murthy