Bank of America Announces Additional Support for Consumer and Small Business Clients Experiencing Hardship From the Impact of the Coronavirus

Bank of America today announced additional support for its 66 million Consumer and Small Business clients in response to the unprecedented challenges of the coronavirus. The company is offering assistance to clients through its Client Assistance Program and continuing to provide access to the important financial services on which these clients rely.

“Our clients rely on us every day and for every aspect of their financial lives,” said Dean Athanasia, president of Consumer and Small Business at Bank of America. “We’re going to continue to provide convenient access to the important services they count on, and the additional assistance and support they need during this difficult period. Our priorities are taking care of our team and each other, and continuing to fulfill our fundamental role serving our clients.”

Working on a case-by-case basis, as we’ve done in many other situations including the government shutdown and natural disasters, Bank of America’s additional assistance for clients impacted by the coronavirus includes:

  • Consumer and Small Business deposit accounts: clients can request refunds including overdraft fees, non-sufficient funds fees, and monthly maintenance fees.
  • Consumer and Small Business credit cards: clients can request to defer payments, refunds on late fees.
  • Small business loans: clients can request to defer payments, refunds on late fees.
  • Auto loans: clients can request to defer payments, with payments added to the end of the loan.
  • Mortgages and home equity: clients can request to defer payments, with payments added to the end of the loan.
  • In all of these instances, there will be no negative credit bureau reporting for up-to-date clients.
  • We have also paused foreclosure sales, evictions and repossessions.

All Bank of America teammates who work with clients are trained to identify and assist impacted clients and provide the right support to address their unique needs. Clients facing financial hardships related to the coronavirus are encouraged to visit the company’s Client Resources website and contact the client services team for assistance.

Bank of America understands the critical role financial services plays in the daily lives of individuals and small businesses, and is dedicated to maintaining reliable access to all of our capabilities, whether clients choose to manage their finances digitally, over the phone or in person.

  • Bank of America’s full range of banking solutions is also available through Online Banking and the company’s mobile app. These channels offer convenient and secure ways to check account status, pay bills, transfer/send money and deposit checks at any time and from almost anywhere. Within the mobile app, Erica, the company’s virtual financial assistant, is there to help.
  • All of Bank of America’s 4,300 financial centers across the country have an external ATM with 24-hour access; approximately 3,000 (70 percent) have drive-up ATMs; and approximately 400 have drive-up client service representatives available to serve clients. Clients can use Bank of America’s interactive Financial Center and ATM Locator to sort and filter nearby financial centers to match their needs – whether that’s the closest drive-up ATM or financial centers open on Saturdays. Clients can also schedule an appointment to connect in person with one of our specialists.
  • For clients who prefer or need to visit a financial center, the company is taking proactive steps to protect clients and teammates, including enhanced cleaning procedures throughout each day and other measures to limit the risk of exposure, based on recommendations from the Centers for Disease Control (CDC).

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,800 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and 2,000 business centers; approximately 16,800 ATMs; and award-winning digital banking with approximately 38 million active users, including approximately 29 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Bank of America Announces Additional Support for Consumer and Small Business Clients Experiencing Hardship From the Impact of the Coronavirus

Bank of America today announced additional support for its 66 million Consumer and Small Business clients in response to the unprecedented challenges of the coronavirus. The company is offering assistance to clients through its Client Assistance Program and continuing to provide access to the important financial services on which these clients rely.

“Our clients rely on us every day and for every aspect of their financial lives,” said Dean Athanasia, president of Consumer and Small Business at Bank of America. “We’re going to continue to provide convenient access to the important services they count on, and the additional assistance and support they need during this difficult period. Our priorities are taking care of our team and each other, and continuing to fulfill our fundamental role serving our clients.”

Working on a case-by-case basis, as we’ve done in many other situations including the government shutdown and natural disasters, Bank of America’s additional assistance for clients impacted by the coronavirus includes:

  • Consumer and Small Business deposit accounts: clients can request refunds including overdraft fees, non-sufficient funds fees, and monthly maintenance fees.
  • Consumer and Small Business credit cards: clients can request to defer payments, refunds on late fees.
  • Small business loans: clients can request to defer payments, refunds on late fees.
  • Auto loans: clients can request to defer payments, with payments added to the end of the loan.
  • Mortgages and home equity: clients can request to defer payments, with payments added to the end of the loan.
  • In all of these instances, there will be no negative credit bureau reporting for up-to-date clients.
  • We have also paused foreclosure sales, evictions and repossessions.

All Bank of America teammates who work with clients are trained to identify and assist impacted clients and provide the right support to address their unique needs. Clients facing financial hardships related to the coronavirus are encouraged to visit the company’s Client Resources website and contact the client services team for assistance.

Bank of America understands the critical role financial services plays in the daily lives of individuals and small businesses, and is dedicated to maintaining reliable access to all of our capabilities, whether clients choose to manage their finances digitally, over the phone or in person.

  • Bank of America’s full range of banking solutions is also available through Online Banking and the company’s mobile app. These channels offer convenient and secure ways to check account status, pay bills, transfer/send money and deposit checks at any time and from almost anywhere. Within the mobile app, Erica, the company’s virtual financial assistant, is there to help.
  • All of Bank of America’s 4,300 financial centers across the country have an external ATM with 24-hour access; approximately 3,000 (70 percent) have drive-up ATMs; and approximately 400 have drive-up client service representatives available to serve clients. Clients can use Bank of America’s interactive Financial Center and ATM Locator to sort and filter nearby financial centers to match their needs – whether that’s the closest drive-up ATM or financial centers open on Saturdays. Clients can also schedule an appointment to connect in person with one of our specialists.
  • For clients who prefer or need to visit a financial center, the company is taking proactive steps to protect clients and teammates, including enhanced cleaning procedures throughout each day and other measures to limit the risk of exposure, based on recommendations from the Centers for Disease Control (CDC).

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,800 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and 2,000 business centers; approximately 16,800 ATMs; and award-winning digital banking with approximately 38 million active users, including approximately 29 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Buck Institute Update On COVID-19

Buck Institute update on COVID-19

In full support of Bay Area efforts to mitigate the spread of COVID-19, the Buck Institute is closed through April 7, 2020.  Essential scientific activity is being maintained, including work interrogating the potential mechanism of action of the coronavirus. The Buck’s leadership has been in communication with county, state and federal officials and has offered the Institute’s resources and scientific and technological expertise to aid in efforts against the spread of the pandemic.

Our researchers are particularly attuned to the threat the virus poses to our aging population. Unfortunately, our immune systems become less robust with age, which puts older adults at particularly high risk for COVID-19.

Here is some practical science-based advice for older adults as we deal with this public health crisis:

Minimize physical contact with other people, including (unfortunately!) family – especially young family members. Children and young adults are more likely to be asymptomatic or minimally-affected carriers of the virus. This is not the time to volunteer to help with childcare.

Leave the house only if you have no alternative to get the things you need. Don’t have friends or family over. If you need to go shopping, go early in the morning; many places are starting to have “senior hour” as soon as they open. Leave stores if there is a crowd.

Many older adults rely on caregivers who have their own families which may include young children. At a minimum, make sure all caregivers know not to come to “work” (the older adult’s home) if they are sick or if they have had contact with someone who has tested positive for COVID-19.

Wash your hands often, especially after re-entering the house/car or handling anything that was just handled by others. That includes gas pumps, door handles, packages, ATM machines, and the like. Soap and water work great, better than hand sanitizer. There are many videos online that offer advice on how to properly wash your hands.

Cancel any non-essential doctor’s appointments or procedures. If you’re not sure what is essential, talk to your doctor by phone or video chat. Certainly any routine “every 3 months”, “every year”, or “every 10 years” exam should absolutely be postponed. If at all possible do doctor’s visits by phone or video chat. Many practices are rapidly ramping this up, and the federal government is making it easier to do so.

Learn how to have medicine delivered so you don’t have to pick them up. Learn how to use a grocery delivery service, and food delivery services. Ask you family to teach you (via video chat!). Don’t hesitate to ask family or friends to help with essential errands. Everyone wants to pitch in, and everyone has extra time now.

Try to keep a month’s extra supply of essential medications and medical supplies on hand.

Stay social! The new trend on twitter is #PhysicalDistanceNotSocialDistance. Call your friends, call your family. Learn how to video chat. Talk to people through the door or over the backyard fence. Just because you need to minimize physical exposure to people doesn’t mean you have to be isolated!

Stay active! This is so, so, so important. Develop an exercise regimen you can do at home. If you live in a less crowded area, keep going for walks, just keep a 6+ foot distance from others.

Eat well! Use food delivery services and friends/neighbors to keep getting fresh food. Don’t eat too much salty/unhealthy food. Seniors are often at risk of malnutrition. Try to keep on eating fresh and healthy.

Stay productive! Many vital tasks can be done at home. Ask your local hospital or non-profit if they need help with calling people, organizing, etc. Organize your group of friends and neighbors to help each other while minimizing physical contact.

If you haven’t already, compete an advanced directive and health care proxy. This is not fatalistic – it’s necessary anyway, and not something you want to do while you’re sick.

If you do feel sick or get a fever (even mild), call the doctor. Call first, don’t go in person. If you having trouble breathing, do not hesitate to call 911. In other words, get advice early, stay away from the hospital unless necessary, but if necessary,  go there quickly.

https://www.buckinstitute.org/covid-19-information/

Bank of America Commits $100 Million in Support of Communities Around the World Impacted by Coronavirus Pandemic

Bank of America today announced it is committing $100 million to support local communities in need as the world faces unprecedented challenges from the coronavirus. The funds will help increase medical response capacity, address food insecurity, increase access to learning as a result of school closures, and provide support to the world’s most vulnerable populations.

“We must all work together as one global community – public and private sectors, as well as individuals – to address this healthcare and humanitarian crisis,” said Brian Moynihan, chairman and CEO of Bank of America. “As the needs in our local communities continue to rapidly escalate, we must take swift action to provide resources where there are gaps, and help local communities protect their most vulnerable populations.”

The majority of Bank of America’s funds will be distributed on the ground in local markets, focused on both immediate needs facing local communities and providing ongoing support in the months ahead. The company will also increase funding to several national and global organizations that are on the front lines, tackling the most pressing issues in local communities.

“Building on the efforts of local, state and international governments, we are focusing our resources on the number one priority – looking after people,” added Moynihan.

Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).

Bank of America has delivered more than $2 billion in philanthropic investments since 2009, with approximately $250 million in 2019 alone. In April 2019, the company announced a $5 billion Bank of America Community Homeownership Commitment™ to benefit low- and moderate-income homebuyers and communities across the U.S. over the next five years. Also in 2019, Bank of America Community Development Banking provided a record $4.88 billion in loans, tax credit equity investments and other real estate development solutions. Between 2005 and 2019, Bank of America financed 202,800 affordable housing units. To meet the unique needs of its 12 million small business owners, the company provides advice, solutions and dedicated support. Bank of America maintained its position as the nation’s top small business lender at the end of 2019, with $38.9 billion in total outstanding small business loan balances (defined as business loans in original amounts of $1 million and under), up 7% year over year.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

www.bankofamerica.com

Redwood Credit Union Ranks 4th in Nation

Redwood Credit Union (RCU) has recently been ranked the 4th healthiest credit union in the United States (out of approximately 5,400 credit unions), according to Glatt Consulting’s Credit Union Industry HealthScore, which measures credit union strength and growth.

Glatt Consulting, an independent firm that studies the financial health of credit unions, uses 17 performance metrics to calculate its Credit Union Industry HealthScore, including financial and operational strength and growth, asset quality, asset and liability management, and productivity. With $5 billion in assets and more than 355,000 members, RCU is the only credit union to have been ranked in the top five in each of the last six years.

“Financial strength and stability are key factors for any financial institution. As a credit union, our continued strength and growth allow us to support members and the community in both good and challenging times,” says Brett Martinez, President & CEO.

In addition to receiving the Glatt ranking, RCU has, for the sixth year running, been awarded the highest, 5-star rating for financial strength from Bauer Financial, an independent organization that ranks the financial strength of both banks and credit unions.

About Redwood Credit Union

Founded in 1950, Redwood Credit Union is a full-service financial institution providing personal and business banking to consumers and businesses in the North Bay and San Francisco. RCU offers complete financial services including checking and savings accounts, auto and home loans, credit cards, online and mobile banking, business services, commercial and SBA lending, and more. Wealth management and investment services are available through CUSO Financial Services L.P., and through RCU Services Group (RCU’s wholly owned subsidiary), insurance and auto-purchasing services are also available. RCU has $5 billion in assets and serves more than 355,000 members with full-service branches from San Francisco to Ukiah. For more information, call 1 (800) 479-7928, visit redwoodcu.org, or follow RCU on Facebook, Instagram, and Twitter for news and updates.

 

Comcast Announces Comprehensive COVID-19 Response to Help Keep Americans Connected to the Internet

On the heels of offering new, low-income Internet Essentials customers two months of free internet and raising the speed of that program’s service to 25/3 Mbps, Comcast today announced additional steps to help ensure people stay connected to the internet as more schools suspend classes and companies encourage employees to work from home due to the Coronavirus.

“During this extraordinary time, it is vital that as many Americans as possible stay connected to the internet – for education, work, and personal health reasons,” said Dave Watson, Comcast Cable Chief Executive Officer. “Our employees also live and work in virtually every community we serve, and we all share the same belief that it’s our Company’s responsibility to step up and help out.”

Comcast is taking steps to implement the following new policies for the next 60 days, and other important initiatives:

  • Xfinity WiFi Free For Everyone: Xfinity WiFi hotspots across the country will be available to anyone who needs them for free – including non-Xfinity Internet subscribers. For a map of Xfinity WiFi hotspots, visit www.xfinity.com/wifi. Once at a hotspot, consumers should select the “xfinitywifi” network name in the list of available hotspots, and then launch a browser.
  • Pausing Our Data Plan: With so many people working and educating from home, we want our customers to access the internet without thinking about data plans.  While the vast majority of our customers do not come close to using 1TB of data in a month, we are pausing our data plans for 60 days giving all customers Unlimited data for no additional charge.
  • No Disconnects or Late Fees: We will not disconnect a customer’s internet service or assess late fees if they contact us and let us know that they can’t pay their bills during this period. Our care teams will be available to offer flexible payment options and can help find other solutions.
  • Internet Essentials Free to New Customers: As announced yesterday, it’s even easier for low-income families who live in a Comcast service area to sign-up for Internet Essentials, the nation’s largest and most comprehensive broadband adoption program. New customers will receive 60 days of complimentary Internet Essentials service, which is normally available to all qualified low-income households for $9.95/month. Additionally, for all new and existing Internet Essentials customers, the speed of the program’s Internet service was increased to 25 Mbps downstream and 3 Mbps upstream. That increase will go into effect for no additional fee and it will become the new base speed for the program going forward.
  • News, Information and Educational Content on X1 and Flex: For those with school-age students at home, we’ve created new educational collections for all grade levels in partnership with Common Sense Media.  Just say “education” into your X1 or Flex voice remote. To help keep customers informed, we also have created a collection of the most current news and information on Coronavirus.  Just say “Coronavirus” into your X1 or Flex voice remote.
  • 24×7 Network Monitoring: Underpinning all of these efforts, Comcast’s technology and engineering teams will continue to work tirelessly to support our network operations. We engineer our network capacity to handle spikes and shifts in usage patterns, and continuously test, monitor and enhance our systems and network to ensure they are ready to support customer usage. Our engineers and technicians staff our network operations centers 24/7 to ensure network performance and reliability. We are monitoring network usage and watching the load on the network both nationally and locally, and to date it is performing well.

For more information and updates from Comcast related to Coronavirus, visit:

http://www.comcastcorporation.com/COVID-19/

About Comcast

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe’s leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

Sonoma State University Names New Vice President for University Advancement

President Judy K. Sakaki announced today that Dr. Mario A. Perez, associate vice president of advancement at California State University, Los Angeles, will become the new vice president for advancement at Sonoma State University, effective Feb. 10, 2020.

Perez comes to Sonoma State with more than 25 years of experience in the higher education and corporate sectors including six years serving on Cal State L.A.’s development leadership team. Since assuming the role of associate vice president of advancement in 2014, Perez has played an integral role in the planning and launching of the university’s first comprehensive campaign, which has raised more than $61 million to date.

“Dr. Perez brings to us extensive development experience and expertise from both inside and outside the CSU system,” said Sakaki. “We are excited to have him join our team and community.”

Under Perez’s leadership, Cal State LA has received the two largest gifts in school history, which involved the naming of the Xu College of Health and Human Services and the Chin School of Nursing. Prior to arriving at Cal State LA, he served as senior director of development at University of La Verne and, before that, director of development, corporate relations. His service in the public sector included holding the position of assistant director of public relations for the Oakland Raiders during the 1990s.

Perez holds a bachelor’s degree in communications with an emphasis in public relations and a doctor of education in organizational leadership and management from the University of La Verne. He has held a variety of board positions including with the Muscular Dystrophy Association and the NFL Alumni Association. He currently serves on the President’s Leadership Team at Cal State LA.

“I’m very excited about joining the Sonoma State team and helping the university achieve its goals on behalf of the students they serve,” said Perez. “The thoughtful and visionary leadership of President Sakaki coupled with a strong cabinet has positioned Sonoma State to hold true to the mission while broadening fundraising opportunities. During my visit, I was impressed with the passion I observed among the staff, faculty, students and alumni, and I look forward to sharing that Seawolf Spirit and helping the university grow in new ways.”

https://news.sonoma.edu/article/ssu-names-new-vice-president-university-advancement

Catholic Charities and Burbank Housing Project Approved by Santa Rosa City Council

The Santa Rosa City Council unanimously voted to approve Caritas Village.

It was an exciting night. Thanks to a room full of enthusiastic supporters and the powerful testimonies shared, they came through. They simply couldn’t have done it without the support received!

And now, they will hit the ground running to build Caritas Village.

You’ll be hearing more about the next steps very soon. They’re working harder than ever to grow support across Sonoma County. There’s a lot of hard work ahead.

Sonoma Raceway Hosts Make the Future Live California for Shell Eco-marathon Americas

Shell Oil Company (“Shell”), in conjunction with Sonoma Raceway and Speedway Motorsports, announced Make the Future Live California featuring Shell Eco-marathon Americas will return to Sonoma Raceway, April 1-4, 2020.

Shell Eco-marathon is a global academic program – with regional events in the Americas, Asia, and Europe – that challenges high school and college students from around the world to compete to design, build and test ultra-energy-efficient vehicles. The program is dedicated to addressing the growing need for more and cleaner energy solutions in the real world, and empowering talented and passionate science, technology, engineering and math (STEM) students with a platform to put their own energy consumption theories and ideas into action.

This year marks Shell Eco-marathon’s 35th anniversary as a formal program. It is the first year where teams have an opportunity to become Regional Champions in the Americas and go on to compete in the very first World Championship Final held later in the year (location TBD). This is the third consecutive year the event will be hosted at Sonoma Raceway.

“Shell Eco-marathon Americas is a tangible example of what’s possible when young people have a platform to come together, test their ideas, and make them happen,” said Norman Koch, Make the Future General Manager. “It’s a celebration of the global program’s rich 35-year history, and our partnership with Sonoma Raceway, which has proven an excellent venue for Shell Eco-marathon Americas.”

“Every year we watch these brilliant young minds from all across the Americas rise to the challenge of innovating for a lower carbon future,” said Pamela Rosen, Shell Eco-marathon Americas spokesperson. “These students are the future leaders of the world who will continue to push the boundaries of the energy transition and ultimately bridge the gap between imagination and what’s possible. We look forward to witnessing another year of how these young innovators are helping to make the future.”

The 2019 Shell Eco-marathon Americas winners across the three energy categories were:

  • Internal combustion: Northern Illinois University of DeKalb, Illinois, with 1524.9 miles per gallon with its gasoline-powered Prototype vehicle and Wawasee High School (Gold Team) of Syracuse, Indiana, with 680.7 miles per gallon with its diesel-powered Urban Concept vehicle.
  • Hydrogen fuel cell: University of Alberta of Edmonton, Alberta, Canada with 159.8 miles/m3 in their Prototype vehicle.
  • Battery electric: University of Illinois at Urbana-Champaign of Champaign, Illinois with 152.0 miles/kWh in their Prototype vehicle and Mater Dei High School (Supermileage Team 2) of Evansville, Indiana with 68.2 miles/kWh in their Urban Concept vehicle.

“At Sonoma Raceway, providing a showcase for the latest in green automotive technology is important to us, and helping to celebrate the 35th anniversary of Shell Eco-marathon reflects that pride,” said Sonoma Raceway President and General Manager Steve Page. “Most importantly, this event provides a platform for the next generation of automotive designers, engineers and innovators to reveal and test their latest efforts.”

Wawasee High School’s Gold Team (Indiana) was joined by Mater Dei High School’s Supermileage 2 Team (Indiana) and Alden-Conger High School (Minnesota) as the top three teams in the 2019 Regional Championship.

To learn more about Shell Eco-marathon Americas, please visit: www.shell.com/ecomarathon.

##

About Make the Future Live California
Make the Future is Shell’s global platform for conversation, collaboration and innovation around the world’s energy challenges. With events hosted in countries around the globe, they aim to provide an opportunity for multiple stakeholders: including students, entrepreneurs, businesses, governments and the public, to experience, test and contribute bright energy ideas.

Make the Future Live California will host two Shell Eco-marathon competitions:

  • Shell Eco-marathon Mileage Challenge – where students compete to see whose vehicle design can go the farthest on the least amount of energy.
  • Regional Championship – marrying energy efficiency with speed in a race that will crown a regional champion. That winning team will move on to compete in the World Championship, location TBD.

About Shell Eco-marathon
Shell Eco-marathon is a global program built to offer students hands-on opportunities to develop ideas and technology, knowledge and skills, within an arena of competition. Student teams compete in two vehicle classes. The Prototype class invites students to enter futuristic, streamlined vehicles, and the Urban Concept class focuses on “roadworthy,” energy-efficient vehicles aimed at meeting the real-life needs of drivers. Entries are further divided into three energy categories: Internal combustion (gasoline, diesel, and ethanol), Hydrogen fuel cell, and Battery electric.

Currently held in in Asia, Americas and Europe and made up of two key competitions: Shell Eco-marathon Mileage Challenge and Shell Eco-marathon World Championship, where students from countries across their respective regions use innovative problem-solving skills to design and build their own cars. Looking at every aspect of design and technology, students compete to prove that their bright ideas will produce the most energy-efficient vehicle when tested on the track.

Shell Eco-marathon began in 1939 at a Shell research laboratory in the United States as a friendly wager between scientists to see who could get the most miles per gallon from their vehicle. In 1985 in France, Shell Eco-marathon as we know it today was born. In April 2007, the Shell Eco-marathon Americas event was launched in the United States, and in 2010, the inaugural Shell Eco-marathon Asia was held in Malaysia, up until 2013.

About Shell Oil Company
Shell Oil Company is an affiliate of the Royal Dutch Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. In the U.S., Shell operates in 50 states and employs more than 20,000 people working to help tackle the challenges of the new energy future. Shell Oil Company is a leading oil and gas producer in the deepwater Gulf of Mexico, a recognized pioneer in oil and gas exploration and production technology and one of America’s leading oil and natural gas producers, gasoline and natural gas marketers and petrochemical manufacturers.

About Sonoma Raceway
Sonoma Raceway, located in the Sonoma Valley, is Northern California’s premier motor-sports destination, featuring a world-class 12-turn, 2.52-mile road course, drag strip and karting center.  Its annual race schedule is headlined by the NASCAR Cup Series and the NHRA Mello Yello Drag Racing Series. In addition, Sonoma Raceway owns and operates the Sears Point Racing Experience offering high-performance driving courses, racing programs, safe driver training, corporate outings, manufacturer showcases, go-karting and more. Sonoma Raceway also boasts a motor-sports industrial, which serves as home to more than 70 businesses. Sonoma Raceway is a wholly-owned subsidiary of Speedway Motorsports, a leading marketer, promoter and sponsor of motorsports entertainment in the United States.

Dominican University of California’s New Dean

Yung-Jae Lee is the kind of educator who responds to a colleague’s challenge (“This problem might be too tough for your students”) with the exclamation, “That really pushed my buttons!”

What usually then follows is a course of action to prove the person mistaken. Thriving on a professional challenge is part of what Lee is all about.

That was the reason he moved on, after 21 years at St. Mary’s College of California in Moraga, to take the position of dean at the Barowsky School of Business at Dominican University of California in San Rafael.

“I had launched successful programs and did what I wanted to do,” Lee explains. “You like to go where you think you are needed, and Dominican needed my background and my talent.”

Lee, who assumed the post in August, has just finished launching a new degree program at the business school — a Master of Science in Business Analytics. Students will get the tools to organize data so it can be accessed, analyzed and then communicated about effectively to solve real world business problems, the university states. This MSBA course is the first of its kind in Marin and Sonoma counties.

During Lee’s years at St. Mary’s as associate dean of graduate business and global programs, and interim dean of the School of Economics and Business Administration, he was responsible for five graduate programs that led to accreditation and re-accreditation by the Association of Advance Collegiate Schools of Business. He intends to do similar things at Dominican, estimating that the Barowsky school will have its accreditation by the end of 2020.

After the business analytics program is up and running, Lee plans to initiate a master of science program in accounting. It will be a one-year degree with a boot camp at the beginning so that people who do not have an accounting background can have a pathway.

“I will disrupt the market by offering the degree at a competitive price, with the result at the end of the program that everyone has a job. As a small private school with connections, we have no problem placing our graduates,” Lee says.

You might say Lee, 58, is a disrupter in the best sense, but it has not always been so.

His undergraduate degree was in English from Korea University, a private research university in Seoul. He was good at math, but preferred the humanities and social science track and took political science courses of interest.

“What I was trying to do is find the best job in Korea, maybe sell Samsung products around the world,” he said. “But I didn’t have the high level GPA or the quantitative skills these kinds of companies wanted. I settled for something less than the ideal job, but then I wasn’t satisfied. I like to move around and meet people and make things happen.”

So in 1988, Lee decided to study for his MBA in the United States. He sold his small apartment and came to the University of California at Irvine in Southern California with his wife, Soon-ok Lee. The plan was to return to Korea upon completion of his master’s degree in operations management.

That is it was the plan until the afternoon his professor, Bruce Lamar, called the soon-to-graduate Lee into his office.

“He told me I was his best student and did I want to do a Ph.D. under him?” Lee said. “I was shocked and said, ‘No’ because I needed to get out of school and make money. But when I got home and told my wife, she said, ‘This is a once in a lifetime opportunity. Go back and tell him yes!’”

Lamar’s response to those protests of unworthiness have stayed with Lee as a baseline of his own education philosophy.

“My professor insisted that I was the top performer in my class and that I could learn the bit of math I needed to continue. He gave me books to study on my own and trusted my ability to do a doctorate in applied mathematics. This was a man who somehow believed in me more than I was believing in myself,” Lee said with a hearty laugh. “That was the turning point.”

An educator needs to believe in students no matter what their background. Lee is even proposing that admission to the new business graduate programs be based on an interview alone. He has seen that gathering letters of recommendation is often a barrier to students; it takes so much time that they drop out of the process.

“I can figure out how much an applicant knows in an hour of conversation,” he said.

In that same hour, Lee can also encourage, motivate and interest the student in what a program has to offer by sharing stories that illustrate how exciting such a course of study can be.

“If you are a professional educator, you should be able to bring a student from one level to a higher level within a certain time. If you cannot do this, maybe this is not the job for you.”

Lee is also sensitive to the marketplace. He knows how students these days want to learn: they need a short time frame, the ability to keep their internships and jobs, and a clear return on investment. He also knows what business leaders want: To advance their knowledge in order to solve practical issues. This is why Dominican’s MSBA is a yearlong “hybrid” program.

It will be a very intense year with evening classes and virtual seminars as well as every-other-Saturday sessions at the campus. Lee estimates the program will attract participants from a 50-70 mile radius, as well as international students potentially looking for jobs in the Bay Area’s tech industry.

At a recent meeting of business school leaders, Lee was struck by comments by a dean from the prestigious Hult International Business School who said traditional schools focus on what the students will learn, whereas at Hult they base their courses on what the students are able to do.

Lee continues the thought, “If you say, ‘I know this theory,’ that’s boring. If you say, ‘I can do these things, and in order to do those things, I learned this theory,’ then it’s connected. If you combine this along the way with other transferable skills, like communications and literature, then your students will be successful.”

Always listening to students

Yung-Jae Lee started his career as a regular faculty member, teaching classes and writing papers, but over time, because he was outgoing and tended to get involved with myriad activities, people gave him more and more to do.

“So naturally.” Lee said, “I became an administrator.”

It may not be such a “natural” thing, however, to be both dean and professor, as well as a curriculum developer and the chief marketer and spokesperson for the business school programs, as Lee is currently at Dominican.

His colleague, Denise Lucy, is professor of business and organizational studies, and executive director of the Institute for Leadership Studies. She has been at the university for 27 years. From her perspective, it is “admirable and courageous” for Lee to be a teaching dean, considering the extent of his responsibilities.

“In a short time, Dr. Lee has built a great learning community. He knows the students and the students know him. At one of our campus events, he was interviewed in front of an audience by a group of undergrads and he had them laughing and thoroughly engaged. He also treated them like real journalists, giving of himself generously and showing them respect.”

Lucy says Lee has been welcomed thoroughly at the Barowsky School because of the “ vast experience and wisdom he carries after his time at the beloved and revered institution of St. Mary’s.” She says that he is an example of how to run an academic business.

“Dr. Lee is a leader who has inspired our faculty team and engendered trust, so that even when we disagree, we can come to a resolution because real trust is there. He is an authentic, acute and very competent man, but he is also charming and funny.”

The assistant dean of the business school, Daniel Cassidy, has had many occasions to observe and interact with Lee. According to Cassidy, his dean is a consummate networker, maintaining connections nationally and as well as internationally, and staying in touch with his former colleagues who “miss him quite a bit.” Cassidy says Lee has made a huge impact on students who take advantage of his open door policy and report how much they like him.

“Yung-Jae is all about sharing information, collaborating, seeking other people’s input,” Cassidy says. “His attitude has invigorated and empowered the faculty and staff to be part of the trajectory of the school. He is challenging the faculty to think of new ways of doing things, and I believe he has won over some of the doubters.”

Cassidy notes that Lee has strong confidence in himself, yet he is humble, “which is very disarming.” If there is a critique of the dean, it is that he puts in an inordinate amount of time at his job. According to Cassidy, this is probably the opinion of Dr. Lee’s daughter, Sarah Lee, who has been an assistant professor of management at the Barowsky school since January 2019.

Karla Hernandez Navarro is a first-generation college student and the first woman to graduate from high school in her home town in Mexico. As a senior majoring in business, she attends Lee’s course in spreadsheet modeling, which she describes as a way to use Excel to simplify data analysis. Even though the class is from 6 to 8 p.m. following a long school day, attendance is 100%. Lee makes himself available on weekends too. He recently met with Hernandez Navarro and her team on a Saturday night — via Zoom video conferencing — because they had a homework question.

“He is always seeking feedback from the students, which I feel is unique for a professor,” she said. “In class, every time he finishes, he turns around and asks ‘was that explanation helpful?’ If he senses that someone in class is being left behind, he slows down. He tells us, ‘It is my goal to help you reach the goal you came in here with.’”

Hernandez Navarro’s ambition is to start a nonprofit for educating women in rural communities; she has often discussed this with the dean.

“Dr. Lee can be working on his computer, and if you walk in, he stops what he’s doing, pulls up a chair, faces you being fully present, and listens,” she said. “He is an exceptional human being who is going to make an amazing impact on this school.”

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