RIT launches Tessoni Endowed Chair in Accounting
Longtime faculty member receives highest academic honor from RIT
A. Sue Weisler
Saunders College of Business at Rochester Institute of Technology announces the Daniel D. Tessoni Endowed Chair in Accounting. Tessoni has been an esteemed member of the RIT faculty since 1974. He will be honored at an invitation-only event from 5 to 7 p.m. Tuesday, April 21, at Country Club of Rochester.
Tessoni is the Saunders College’s Forman Chair for Collaboration and has been an astute practitioner of the art of accounting in both the classroom and in his role as a practicing CPA. He has served as a board member for several corporations including International Textile Group, Genesee Regional Bank, Western New York Energy LLC, and ACC Corp.
“I am so pleased that Dan is being honored in this way,” said Saunders College Dean Jacqueline Mozrall. “This endowed chair is a testament to Dan’s significant contributions and the impact he has made on so many students. This chair will be a reflection of Dan—a dynamic professor who delivers contemporary and applied accounting curricula supported by meaningful experiences with business and industry.”
According to Tessoni, many accounting graduates from Saunders College are successful alumni who serve in the highest levels of their organizations as presidents, CEOs, CFOs, founders and partners. “My mentoring doesn’t stop in the classroom; I continue to have a relationship with many of my former students,” said Tessoni, a resident of Pittsford.
“This is a really high honor for me and a humbling recognition of my efforts in teaching students for the past 40-plus years. Accounting is fundamental in business degrees and the fact that I have real world experience consistently resonates with the students. They buy into it very quickly when they realize that what’s being discussed is going to have an impact on their lives, their wealth, their compensation.”
Local business entrepreneur E. Philip Saunders, owner of Saunders Management Co. and benefactor of RIT’s business college that bears his name, provided the lead gift to establish the endowed chair in accounting.
“The constant comments I’ve heard from students who have taken classes with Dan found it a joy to learn from a professor who could make learning and accounting an enjoyable experience,” said Saunders. “He has the kind of personality that is always uplifting; the glass is not only half full, but brimming over. He cares deeply about his students and what happens to them.”
Joseph Lobozzo, who earned his Executive MBA degree from RIT in 1995, agrees. The founder and former CEO of JML Optical Industries Inc. said he first met Tessoni soon after Labor Day in 1993.
“I was in the very first class of EMBA students at RIT,” Lobozzo recalled. “He came in and gave us an accounting lecture and at the end of nearly four hours, he asked us: What is the goal of any firm? It’s to maximize the wealth of the shareholder—end of story.
“I remember everything he said that day. He literally blew us away, and all 24 of us, many executives from Xerox at the time, gave him a standing ovation. Two weeks later we did the same thing. His passion, experience and heart for teaching excellence touched our lives and literally thousands of others. Dan is one in a million.”
April 18, 2019
Partnership brings business education to Rochester classrooms
A unique community collaboration among Saunders College of Business, Junior Achievement and local elementary schools introduces young minds to business, economics and free enterprise through discussions, hands-on activities and video lessons.
April 17, 2019
Innovative suspension system for off-road vehicles takes top spot in spring Tiger Tank competition
A uniquely designed magnetic coil piston that will improve suspension systems in on- and off-road vehicles took first place in RIT’s semi-annual Tiger Tank entrepreneurship competition. Sponsored by RIT’s Saunders College of Business and hosted by RIT’s Simone Center for Innovation and Entrepreneurship, Tiger Tank gives students the opportunity to pitch a business idea to a panel of judges with a chance to win cash prizes.
April 16, 2019
Mahany Welding Supply donates equipment to College of Engineering Technology
Mahany Welding Supply donated two gas metal arc welding cells and two gas tungsten arc welding cells to be used within an advanced manufacturing degree program in RIT’s College of Engineering Technology to provide needed workforce skills.
April 15, 2019
First-ever ‘futurists’ symposium features alumni trailblazers at Imagine RIT
“The Future of Technology, the Arts and Design,” a futurists symposium, takes place at 11 a.m. April 27 during Imagine RIT: Creativity and Innovation Festival. Four RIT alumni will share their visions of the future as it relates to RIT’s core disciplines.