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Prairie Family Business Association Hires New Director

Image Stephanie Larscheid Stephanie Larscheid

The Prairie Family Business Association, a University of South Dakota Beacom School of Business outreach program that helps family businesses in South Dakota, North Dakota, Nebraska and Minnesota, has hired Iowa native Stephanie Larscheid, MBA, as its new executive director.

"Stephanie Larscheid brings significant talent, experience, and energy to the PFBA," said Venky Venkatalachlam, dean of the USD Beacom School of Business. "She has excellent strategic perspective as well as execution experience, which will help shape the future directions the Prairie Family Business Association will pursue."

“Stephanie’s personal experience growing up around a family business combined with her professional experience with nonprofits, programming and fundraising provide her with a solid foundation for growing the Prairie Family Business Association as a regionally recognized resource in educating family businesses,” added Christie Ernst, Lloyd Companies vice president of property management and Prairie Family Business Association advisory board chair.

Larscheid, a native of Algona, Iowa, joins the association on Oct. 19. She has a background in nonprofit work, creating solid programming with a focus on building organizational strength. Larscheid’s portfolio includes active participation in the Council for Advancement and Support of Education and work with organizations such as the University of Iowa Foundation, Family Visitation Center and Principal Financial Group. She also has third-generation experience in a family business. Most recently, Larscheid served as director of major and planned giving at Augustana University in Sioux Falls, South Dakota.

The Prairie Family Business Association, founded in 1993, contributes to the Midwest economy through its mission of enhancing long-term survival and success of its family business members through quality education, programming and networking.


USD's Beacom School of Business was established in 1927 and has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1949. The leading business school in the region, Beacom’s programs are consistently ranked among the top business schools in the nation by Princeton Review, U.S. News & World Report and others for its high-quality learning experience, student success, affordability, and high-caliber of faculty and students. Whether a student chooses face-to-face or online courses, Beacom’s programs emphasize real-world experience through professional organizations, quality internships and capstone projects.


Founded in 1862 and the first university in the Dakotas, the University of South Dakota is the only public liberal arts university in the state, with 202 undergraduate and 78 graduate programs in the College of Arts & Sciences, School of Education, Knudson School of Law, Sanford School of Medicine, School of Health Sciences, Beacom School of Business and College of Fine Arts. With an enrollment of nearly 10,000 students and more than 400 faculty, USD has a 16:1 student/faculty ratio, and it ranks among the best in academics and affordability. USD’s 18 athletic programs compete at the NCAA Division I level.

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.


Hanna DeLange
USD News