Purdue News

September 20, 2005

Steve Forbes to headline Krannert event, alumni to be honored

Steve Forbes

WEST LAFAYETTE, Ind. – Steve Forbes, editor-in-chief of Forbes magazine and former presidential candidate, will give the keynote address Thursday, Oct. 13, at Purdue University's Krannert School of Management Leadership Speakers Series.

Richard A. Cosier, Krannert School dean and Leeds Professor of Management, will give welcoming remarks, and Purdue President Martin C. Jischke will make after-dinner remarks. Dinner starts at 7 p.m., and Forbes will speak at 8 p.m.

After dinner, Venu Srinivasan, a 1977 Krannert MBA graduate who is now CEO of TVS Motor Co., will receive this year's Krannert Business Leadership Award. Other Krannert alumni awards also will be presented.

In addition, William E. Kassling, a 1967 Krannert alumnus, and his wife, Patricia J. Kassling, from Pittsburgh, will be recognized and thanked for their $1 million gift to the school. William is president, chairman and CEO of Wabtec Corp.

The event begins at 6:30 p.m. in the Purdue Memorial Union ballrooms. Tickets are $100, of which $75 can be considered a charitable contribution in support of student scholarships. Tables of 10 also are available for $1,000. Tickets may be reserved online. Specially priced tickets are available to Purdue students, faculty and staff.

Tickets also are available by contacting Tim Newton, Krannert School director of external relations and communications, at (765) 496-7271 or (800) 893-4108, tnewton@purdue.edu. The deadline to purchase tickets is Sept. 29.

Forbes is the son of Forbes magazine publisher Malcolm Forbes. After graduation from Princeton in 1970, he joined the family business and is now CEO of Forbes and editor-in-chief of Forbes magazine. Drawing upon his personal funds, the conservative ran for the Republican presidential nomination in 1996 and 2000.

Forbes is the author of "Flat Tax Revolution: Using a Postcard to Abolish the IRS," which argues for a 17 percent income tax as well as advocating supply-side economics and reducing overall taxes.

Forbes has been quoted as saying: "The Declaration of Independence, the words that launched our nation –1,300 words. The Bible, the word of God – 773,000 words. The tax code, the words of politicians – 7 million words – and growing!"

Sponsors of this year's Krannert Leadership Speakers Series are Guidant Foundation, Saint-Gobain Containers, LaSalle Bank, WellPoint Inc., Ford Motor Co., Ice Miller, Target, Lafayette Printing, Inside Indiana Business and the Purdue Alumni Association.

The first Krannert Leadership Speakers Series event in 2001 featured basketball legend Bill Russell speaking on motivation, analytical thinking and leadership. In 2002, Caspar Weinberger, the former Secretary of Defense and chairman of Forbes magazine, spoke on geopolitics, war and peace.

The 2003 event featured political commentator Tim Russert. Last year, the sold-out event was at the Purdue Memorial Union, and the speakers were the Washington Post's Bob Woodward and Ben Bradlee.

Writer: J.M. Lillich, (765) 494-2077, mlillich@purdue.edu

Source: Tim Newton, (765) 496-7271, tnewton@purdue.edu

Purdue News Service: (765) 494-2096; purduenews@purdue.edu


Note to Journalists: Journalists wishing to interview Forbes should contact Tim Newton, Krannert School director of external relations and communications, at (765) 496-7271, tnewton@purdue.edu. Please note that Forbes’ media availability has not yet been determined.


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