Business executive talks about post-Enron issues

11:12:40 AM CDT - Thursday, February 27, 2003

A business executive who began his career with Arthur Andersen and has been on the boards of a number of public companies will talk about post-Enron ethics and accountability during Business Week, which is being organized by the W. Frank Barton School of Business for the first week of March. The March 5 keynote lecture, which starts at 7:15 p.m. in 208 Hubbard Hall, is free and open to the public.

T. Michael Young, president and CEO of Metal Supermarkets International, will talk about the circumstances and factors that caused the downfall of a major corporation like Enron and the collapse of Arthur Andersen, one of corporate America's most respected institutions. He'll also talk about the aftermath and long-term impact on corporate governance and accountability.

Young, who graduated with a business degree from WSU in 1967, started his business career as a partner with Arthur Andersen & Co. in its Houston Office. The privately owned company he now leads distributes small quantities of metal through 80 company-owned and franchised locations in Canada, the United States and Europe.

Young previously served as chairman, president and CEO of two publicly held distribution companies that were listed on the New York Stock Exchange. He's also served on the boards of directors and has been chairman of the audit committees of other publicly held companies. He has also been a chief financial officer of a worldwide oil field services company.

This is the third year the Barton School has organized Business Week. More than 20 sessions on such topics as professional presence, financial habits, and job-hunting skills are being held March 3-7 for WSU students. For more information on Business Week go to www.wichita.edu/business.

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