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Press Release for Wednesday, May 21, 2014

Coggin College Recognizes Distinguished Community Leaders

Contact: Jessica Scott, Public Relations Specialist
Department of Media Relations and Events
(904) 620-2192

The Coggin College of Business at the University of North Florida will recognize four individuals at the 17th Annual Prime F. Osborn III Distinguished Business Leaders Award Luncheon for their continuing career achievements. The awards luncheon will take place at 11:30 a.m. today, Wednesday, May 21, at The River Club. Corporate sponsors of this event include The Florida Times-Union, SunTrust and CenterState Bank.


            The 2014 award recipients include Howard I. Korman, Martin “Hap” Stein, Jr., Ron Adams, Ph.D., and Mitchell C. Fane, CFA, ASA. Korman and Stein will be awarded the Distinguished Business Leader award, while Adams, a UNF professor emeritus of logistics and marketing, will receive the Distinguished Professor award. Fane will receive the Distinguished Alumnus award.


“The Prime F. Osborn III Distinguished Business Leaders Awards recognize community role models who have made outstanding contributions to business leadership and business education,” said Dr. Ajay Samant, dean of UNF’s Coggin College of Business.


Since moving to Jacksonville in 1974, Korman, an attorney and chief executive officer of Jacksonville Greyhound Racing, has made the city a better community. Much of his civic leadership has been dedicated to promoting the importance of education in the life of a child and ensuring adequate public and private resources to support child development. He has led numerous organizations, including the Jacksonville Children’s Commission, was instrumental in establishing the state’s first KIPP charter school in northwest Jacksonville and was one of the founding leaders of the Jewish Community Alliance. For his continued dedication to philanthropy and promoting dignity and respect of all people, he has received many citations, including the prestigious Gold Medallion for Lifetime Achievement from OneJax. He is a charter member of the Jacksonville Civic Council, where he is engaged in advancing issues of importance to Jacksonville’s future.


Stein is chairman and chief executive officer of Regency Centers, the nation’s leading grocery-anchored shopping center operator and developer. He is a recognized national authority in the commercial real estate industry and has held leadership positions in many professional association and corporate boards, including serving as chairman of the National Association of Real Estate Investment Trusts. With a commitment to enriching the community through volunteerism, Stein has served in leadership roles on the American Cancer Society, Teach for America, the Jacksonville Zoological Society, Jacksonville Civic Council, The United Way, and his alma mater, Washington and Lee University. Through his leadership, he has nurtured a culture of giving that inspires and enables Regency Centers’ 375 employees to volunteer and financially support local and national causes around the country where Regency offices are located.


A Jacksonville native, Adams has earned the respect of faculty and students throughout UNF during his many years as a member of the marketing faculty. He is sought out by junior and senior faculty for his wise, collegial advice and counsel in teaching, research and leadership. Adam’s scholarly research is complimented by his community service as a former hearing officer for the Fourth Judicial Circuit Court and his work as a charter member of the New Vehicle Arbitration Board. In 2013, he became interim chair of the Department of Marketing and Logistics and continues as a mentor and role model for students and colleagues.


A UNF alumnus with a bachelor’s degree in finance and a master’s in business administration, Fane is a principal in Ernst & Young’s Transaction Advisory Services office in Houston, Texas, and specializes in valuation and business modeling. He is an acknowledged expert in the power and utility valuation practice and sought out for his expertise in these areas. Fane is an accredited senior appraiser by the American Society of Appraisers and a chartered financial analyst as accredited through the CFA Institute, an active member of and stewardship chair for Shepherd of the Hearth United Methodist Church and a member of the Young Leaders of United Way Houston.


The Prime F. Osborn III Distinguished Business Leaders Award was established in 1998 by UNF’s Coggin College of Business as an annual award to recognize the long-term career achievements of individuals who provide leadership in business and the local community. Qualifications for these honorees include success in business, significant contributions to community quality of life and a commitment to ethical practices.


The award has been named in honor of the late Prime F. Osborn III, whose long career in the railway industry was noted as much for service to mankind as it was for business acumen. Prime Osborn was known throughout the nation as a person of character, integrity and high ethical standards.


            UNF, a nationally ranked university located on an environmentally beautiful campus, offers students who are dedicated to enriching the lives of others the opportunity to build their own futures through a well-rounded education.