Three New Members Join Council Trio's expertise will Add assets to new SOM centers By Brynn Bagot Allday Corporate misconduct scandals and absence of leadership in high-profile companies continue to make headlines. To reinforce corporate ethical standards and to provide practical solutions to governance issues, UTD's School of Management (SOM), with support from its strategic partners and corporate sponsors, recently founded The Leadership Center at UTD and The Institute for Excellence in Corporate Governance (IECG). The SOM's Advisory Council has added three new members with solid corporate expertise to help implement and further develop these new initiatives -- Russell A. Labrasca Jr., Frederick A. Points and Sue Spradley. Mr. Points and Ms. Spradley represent SOM strategic partners Bank One Corporation and Nortel Networks, respectively. Russ Labrasca is executive vice president and regional managing director-Southern Region for Wells Fargo Private Client Services. In addition to overseeing more than $9 billion in assets under management, Mr. Labrasca is responsible for 416 team members across Texas and New Mexico. A three-year veteran of the company, he assumed his current role in 2001. Previously, he was senior regional sales director of the Western Division. He began his career in the securities industry in 1976 as a financial consultant, rising to senior vice president, national sales manager and national accounts director at State Street Research and Management in Boston, where he was responsible for overseeing mutual fund sales, sales management and national accounts. Mr. Labrasca has held various management and senior management positions, including director of national sales and marketing at Principal Financial Securities, Sutro & Co. and Prudential Securities. Mr. Labrasca is the senior co-chairman of the Securities Industry Association Sales and Marketing Committee and Executive Board, and he served nine years as a trustee of the Securities Industry Institute at the Wharton School at the University of Pennsylvania. Mr. Labrasca replaces Robert Chereck, also of Wells Fargo, on the advisory council. "Education is a top priority for Wells Fargo. In the last three years, we have donated more than $60 million to education and educational services," Mr. Labrasca said. "I am delighted in this role to be able, in part, to contribute to the success of future executives and leaders. It is important as a firm and as an individual to give back to our educational system." Frederick A. Points joined Bank One Corporation in 1995 and serves as first vice president of Dallas Banking, working with Dallas-based corporate and commercial customers. He began his banking career in 1981 with United Oklahoma Bank in Oklahoma City. In 1985, Mr. Points moved to Dallas to work for Republic/Nations Bank. Throughout his career, he has focused on relationship management for corporate and multinational companies. "Bank One is really stepping up its involvement with The School of Management, particularly as a strategic partner for the Institute for Excellence in Corporate Governance. I am honored to be representing Bank One on the advisory council and will offer marketplace knowledge and up-to-date expertise from the banking and finance industry as it relates to corporate governance," Mr. Points said. Mr. Points' dedication to the community is evidenced by his past and present service as a board member and in other roles at the Dallas Museum of Art; Girl Scouts of Tejas Council; Leadership Dallas Ð Class of 2000; Outward Bound Leadership Courses; Dallas Business Committee for the Arts; Dallas OSU Alumni Association, and Dallas Zoological Society. Sue Spradley, president of Wireline Networks, is in charge of cost-effective packet solutions for Nortel Networks' voice, data and multimedia service offerings. She also works to maintain Nortel Networks leadership position in circuit technology. Previously, Ms. Spradley was president of Voice Over Internet Protocol (VoIP) for Metro and Enterprise Networks, where she oversaw delivery of Nortel Networks' VoIP to the global market. She has held increasingly responsible management positions at Nortel Networks in sales, sales engineering, marketing, product line management and customer service. Ms. Spradley also established and led Siemens Corporation's product and marketing's entry into the PCS telephone business in the United States. Ms. Spradley is a member of the National Security Telecommunications Advisory Committee (NSTAC), which reports to the president of the United States. The committee provides industry-based analyses of and recommendations on policy and technical issues related to telecommunications, information systems, information assurance, infrastructure protection, and other national security and emergency preparedness concerns. She also sits on several boards, including the Science Place; Inroads, Inc.; Boys and Girls Club of Richardson; Nortel Networks Women's Executive Board, and is chairman of Nortel Networks' Leadership Edge Council. "Representing Nortel Networks on The School of Management Advisory Council is both an honor and an opportunity. The honor is being associated with one of the leading educational institutions in the North Texas region. The opportunity is twofold -- to use the business and technology expertise of Nortel Networks in helping the UTD School of Management build a world-class reputation within and beyond the Southwest and to continue to build an outstanding talent pool for businesses in the Dallas-Forth Worth Metroplex," Ms. Spradley said. "I've seen that the success of Nortel Networks is a reflection of the great talent we have in the organization, and I know other businesses will agree that the success of any company is dependent upon the talent of its people and the new ideas they bring."