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| Oct 16, 2009 |
Beacom School of Business at The U names Kevin Schieffer South Dakota Businessman of the Year |
| VERMILLION, S.D. -- Kevin V. Schieffer was presented a Distinguished Service Award: South Dakota Businessman for 2009 during The Beacom School of Business Board of Governors annual awards luncheon on Friday, Oct. 9 at The University of South Dakota. |
| Schieffer, former president and CEO of Dakota, Minnesota & Eastern (DM&E) Railroad, received his B.A. from USD and a juris doctor from Georgetown University. Prior to being named CEO of DM&E, he was United States Attorney for South Dakota after being appointed to the position by President George H.W. Bush. For several years, Schieffer served as legislative counsel to U.S. Sen. Larry Pressler, R-S.D., for the senate Commerce, Science and Transportation Committee. From 1987 to 1991, he served as chief-of-staff for Sen. Pressler. In addition, Schieffer practiced law for three years serving as legal counsel for DM&E Railroad in the mid-1990s. When the previous ownership group attempted to abandon the rail line, which would’ve resulted in South Dakota losing its only east-west rail line through the center of the state, Schieffer led negotiations that resulted in the restructuring and successful re-capitalization of the company in 1994. He also initiated development of the company’s Powder River Basin Project and he negotiated the acquisition of 1,400-mile IC&E system that extended DM&E’s reach into Chicago and provided new connections with every major railroad in North America. During his time, DM&E transitioned into the largest and most successful regional railroads in the United States with more than 1,000 employees operating in eight states. The company, which is headquartered in Sioux Falls, S.D., recently sold for $1.5 billion. About the Beacom School of Business The University of South Dakota School of Business, established in 1927, offers the only fully accredited business program in South Dakota. The U has been continuously accredited by the AACSB International–The Association to Advance Collegiate Schools of Business (AACSB) since 1949.AACSB International accreditation is the hallmark of excellence in management education. Only eight percent of business schools worldwide have earned this prestigious designation. Visit www.aacsb.edu to learn more about this prestigious designation. To learn more about the Beacom School of Business, visit www.usd.edu/business. |
| About The University of South Dakota |
| Founded in 1862, The University of South Dakota is designated as the only public liberal arts university in the state and is home to a comprehensive College of Arts and Sciences, School of Education, School of Health Sciences, the state's only School of Law, School of Medicine, the accredited Beacom School of Business and the College of Fine Arts. It has an enrollment of more than 9,600 students taught by 400 faculty members. More information is available at www.usd.edu/press/news.
This material is available in an alternate format upon request. Please contact University Relations at 605-677-5759. If you are a person with a disability and need a special accommodation to fully participate in any university activity or event, please contact Disability Services at 605-677-6389 as soon as possible, but no later than 48 hours before the event, so that appropriate arrangements may be made. |
MEDIA CONTACTS: |
| Phillip Carter |
| The University of South Dakota |
| 605-677-6258 |
| phillip.carter@usd.edu |
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