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REF NO.: 201

SUBJECT: Memorial University's Faculty of Business Administration honours homemade business talent

DATE: March 26

Alumnus Robert S. Crosbie and Jean Chatman, founder of Chatman's Bakery, will share personal recipes for success with friends and alumni of the Faculty of Business Administration at the 20th annual Partners Dinner to be held on Tuesday, April 6.

Mr. Crosbie, B.Comm. '79, will receive the faculty's 2003 Alumni Honour Award in recognition of his business acumen and contributions to the faculty. Mr. Crosbie, is chairman of the Crosbie Group Ltd., and president of Crosbie Salamis Ltd. and ASCO Canada Ltd., two businesses that provide offshore oil and gas services. He is also a long-time supporter of the faculty and serves on its advisory board.

"Receiving this award is very special to me," said Mr. Crosbie. "I believe the faculty has a crucial role to play in preparing young people for the new industries that are taking hold in the province and I consider it to be important for local businesspeople to support and guide the faculty to achieve the best results possible in fulfilling this responsibility."

Jean Chatman, founder of Chatman's Bakery in Charlottetown, NL, will also receive the 2004 Newfoundland and Labrador Entrepreneur of the Year Award from the faculty's P.J. Gardiner Institute.

Twenty-five years ago, amid lots of skepticism, Ms. Chatman started a small bakery in Charlottetown to provide an economic future for her deaf daughter, Janet. Her intentions were to supply baked goods to Terra Nova National Park. Today, under the management of her two other daughters Roxanne and Lorraine, Chatman's Bakery is supplying 55 grocery stores across Atlantic Canada.

"Financial assistance and work ethic are not as plentiful as they used to be," said Ms. Chatman. "If you're starting your own business, you need to be committed to long days, little rewards, and no personal life for the first five to 10 years, but if you sow good seeds, one day you will reap the harvest."

"I am delighted to be recognizing such hard working and deserving businesspeople," said Dr. Gary Gorman, dean of the Faculty of Business Administration. "Mr. Crosbie and Ms. Chatman value hard work, determination, and a sense of duty to their communities and will act as wonderful role models for our students, faculty and staff."

The awards will be presented at the faculty's 20th annual Partners Dinner to be held at the Delta St. John's on April 6. For tickets please contact Roma Bowen at 737-2182 or before April 1.

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