Huntsman Alumni Magazine

Fall 2008

New professors bring expertise and passion to Huntsman School.

A new department head, assistant professor and two visiting professors will bring to the Jon M. Huntsman School of Business added expertise that will fuel the school’s emphasis on ethical leadership, global vision, entrepreneurial spirit and analytical rigor.

Larry Walther, who was the chairman of the Department of Accountancy at the University of Texas, will become the new department head of the School of Accountancy at the Huntsman School of Business.
Nate Stephens, who just completed a doctorate at the University of Arizona, will become an assistant professor in the School of Accountancy.

Chad Albrecht and James Feigenbaum will be visiting professors. Albrecht has been teaching in Barcelona, Spain, at the ESADE Business School. Feigenbaum comes from the University of Pittsburgh.

The following pages should give you an introduction to these new professors and how we expect they will contribute to the Huntsman School of Business and the students it serves.

Larry Walther


Larry Walther

The Jon M. Huntsman School of Business may have succeeded in hiring Larry Walther, but students at universities around the world will still be learning from him.

When it comes to accounting, he sort of wrote the book. Well, at least, he has written an online book that more than 100 universities and colleges use to teach their students about accounting. He said the online text book posted at gets about 500,000 hits a week.

Dr. Walther came to visit the Huntsman School of Business in fall 2007 because he was a member of an accreditation program review team evaluating the school. He liked what he saw and decided to move and take the job when the opportunity presented itself. He said he was impressed with the caliber of students at USU.
“I think they have skill sets that are going to be in high demand in the business world,” he said of students at the Huntsman School of Business. “Ethical values seem to be very prevalent here that are not so prevalent in other places.”

Dr. Walther graduated with high honors from University of Texas at Arlington in 1976 with a bachelor’s and later earned an MPA at the same institution in 1977. He received a doctorate from Oklahoma State University in 1980.




James Feigenbaum


James Feigenbaum

When James Feigenbaum starts talking to you about “optimal irrational behavior” you need not fear, he’s about to launch a discussion on presidential campaign politics.

Dr. Feigenbaum is a new visiting professor from the University of Pittsburgh who has been working on a paper called “Optimal Irrational Behavior” with Frank Caliendo, an assistant professor who came to USU in 2007. The paper looks at the benefits that would occur if people saved more than expected by standard economical models.

Feigenbaum is a regular visiting scholar at the Federal Reserve Board and the Federal Reserve Bank of St. Louis. He earned a doctorate in economics from the University of Iowa and in physics at the University of Chicago.

He has developed an expertise in predicting stock market crashes and has made contributions to research that employs techniques in physics to understand trends in equity prices before major crashes have occurred in the U.S. economy.

Feigenbaum has been an assistant professor at the University of Pittsburgh since 2003 and will be teaching graduate courses in macroeconomics while he is at USU for the next year.















Nate Stephens


Nate Stephens

A new assistant professor at the Jon M. Huntsman School of Business was one of only ten people in the country to be named a Deloitte Foundation Doctoral Fellow in 2007.

The $25,000 that came with the honor helped Nate Stephens complete a doctorate at the University of Arizona this year. Dr. Stephens grew up in the Ogden area and said he is happy to be returning to Utah. He said he thinks the Huntsman School of Business has established a good balance between teaching and research.
Dr. Stephens would like to continue research he conducted for his dissertation that focused on internal control reporting under the Sarbanes-Oxley Act of 2002.

Dr. Stephens earned an associate’s degree at Weber State University and bachelor’s and master’s of accountancy degrees at Brigham Young University.

Dr. Stephens said when he teaches he wants students to feel comfortable asking questions and wants them to understand how the concepts he is teaching will apply in the business world.








Chad Albrecht


Chad Albrecht

Chad Albrecht seems to have planned his “visit” at just the right time.

Dr. Albrecht is a visiting professor at the Jon M. Huntsman School of Business and said the school’s focus on ethical leadership and global vision is part of why he agreed to come to USU.

“This is just such an exciting time at Utah State,” he said. “My interests are specifically ethics and international issues and the school is really focused on that right now. For me it was just a great fit. It is a great opportunity to be a part of a school that is changing and heading in a direction that interests me.”

Dr. Albrecht’s dissertation titled, “Understanding the Affects of Culture on Corrupt Organizations: An International Study,” looked at what happens when not just one but several people in a company take an unethical path.

Dr. Albrecht has been teaching abroad, most recently at the ESADE Business School, a prestigious business college in Barcelona, Spain, where he earned a doctorate. During his time abroad he won an award naming him “Most Creative and Entertaining Teacher” in 2006, 2007.

“I try to make the classes exciting,” he said. “I try to make them fun. I try to make them challenging for the students.”