Donna Hitscherich
Senior Lecturer in Discipline in Business
Finance
Director
Private Equity Program
Bernstein Faculty Leader
Sanford C. Bernstein & Co. Center for Leadership and Ethics
BS, St. Johns, 1981; JD, 1984; MBA, Columbia, 1990
Joined CBS in 1992
Office:
1154
Kravis
Phone:
212-854-0763
E-mail:
[email protected]
Fax:
212-854-7900
Curriculum Vitae
Biography
Professor Donna M. Hitscherich currently serves as a senior lecturer of Finance, director of the Private Equity Program, and a Bernstein Faculty Leader at the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School. Professor Hitscherich’s courses include Corporate Finance as well as the elective courses Business Law, Mergers and Acquisitions, and Advanced Corporate Finance. In 2002, she was nominated for the Dean’s Award for Innovation in the MBA Curriculum for her presentation of the Advanced Corporate Finance course. She also received the Executive MBA Commitment to Excellence Award from the Berkeley-Columbia EMBA program graduating classes in 2010, 2011, 2012, and 2013 and the Commitment to Excellence Award for EMBA-Americas graduating classes in 2014 and 2017. She was also a BRIDGE Fellow for academic year 2014–2015—Building Relationships with Industry and Defining Graduate Education in Business (BRIDGE)—at Columbia Business School based on an endowed gift which the School allocates each year for faculty members who are working on new initiatives aimed at building relationships with industry practitioners.
Professor Hitscherich has also served as a lecturer in law and accounting at Columbia Law School. From 1988–1990, she was an assistant professor of law at St. John’s University School of Law, where she taught Federal Securities Regulation and Legal Ethics.
Prior to her present position as a senior lecturer at Columbia, Professor Hitscherich had a career in investment banking, holding positions at CS First Boston, J.P. Morgan & Co. Inc., and Banc of America Securities. At J.P. Morgan, she helped found the takeover defense team and served as a senior member of the advisory review committee, which was responsible for all of the M&A fairness opinions issued by the company. As a managing director in the mergers and acquisitions group of Banc of America Securities, she was secretary of the firm’s fairness-opinion review committee and a major contributor to the firm’s training programs for managing directors and associates. Prior to her investment banking career, Professor Hitscherich was a corporate lawyer at Skadden, Arps, Slate, Meagher & Flom.
In addition to an MBA from Columbia Business School, Professor Hitscherich received a BS and JD from St. John’s University and is a NYS certified paramedic.
Teaching
Spring 2022
Mergers & Acquisitions
(MBA)
Foundations of Private Equity II
(MBA)
Mergers & Acquisitions
(EMBA)
Spring 2021
Mergers & Acquisitions
(MBA)
Foundations of Private Equity II
(MBA)
Mergers & Acquisitions
(EMBA)
Summer 2021
Mergers & Acquisitions
(EMBA)
Foundations of Private Equity
(EMBA)
Fall 2021
Mergers & Acquisitions
(MBA)
Foundations of Private Equity
(MBA)
Business Law
(EMBA)
Spring 2020
Mergers & Acquisitions
(MBA)
Foundations of Private Equity II
(MBA)
Mergers & Acquisitions
(EMBA)
Summer 2020
Fall 2020
Corporate Finance
(EMBA)
Business Law
(EMBA)
Mergers & Acquisitions
(MBA)
Foundations of Private Equity
(MBA)
Spring 2019
Mergers & Acquisitions
(MBA)
Foundations of Private Equity II
(MBA)
Mergers & Acquisitions
(EMBA)
Summer 2019
Fall 2019
Mergers & Acquisitions
(MBA)
Foundations of Private Equity
(MBA)
Business Law
(EMBA)
Corporate Finance
(EMBA)
Spring 2018
Mergers & Acquisitions
(MBA)
Mergers & Acquisitions
(EMBA)
Summer 2018
Fall 2018
Mergers & Acquisitions
(MBA)
Foundations Of Private Equity
(MBA)
Business Law
(EMBA)
Corporate Finance
(EMBA)
Spring 2017
Mergers & Acquisitions
(MBA)
Mergers & Acquisitions
(EMBA)
Summer 2017
Mergers & Acquisitions
(EMBA)
Corporate Finance
(EMBA)
Fall 2017
Mergers & Acquisitions
(MBA)
Business Law
(EMBA)
Corporate Finance
(EMBA)
Columbia Caseworks cases
The Battle for Skullcandy—It’s Not Over ’Til It’s Over
(2020)
Coauthor(s): Donna Hitscherich
Material Adverse Effects: Victoria’s Secret
(2020)
Coauthor(s): Donna Hitscherich
The Golden Ticket: MediPacket and the Drive to Exit
(2020)
Coauthor(s): Donna Hitscherich, Tao Tan
The Foster-SmartServices Merger-LBO: A Perfect Deal or the Perfect Storm?
(2019)
Coauthor(s): Donna Hitscherich, Tao Tan
Under Armour Protect this IPO or Sale to Strategic Bidder?
(2010)
Coauthor(s): Donna M. Hitscherich
J.Crew Group, Inc. The Second Time Around or Another Holiday Shopper?
(2011)
Coauthor(s): Donna M. Hitscherich
Bright Horizons Family Solutions, Inc.: A Great Deal, or Room for Improvement in a Bid by a Strategic Acquiror
(2009)
Coauthor(s): Donna M. Hitscherich
Research
Journal articles
Banker Fees and Acquisition Premia for Targets in Cash Tender Offers: Challenges to the Popular Wisdom on Banker Conflicts
In Journal of Empirical Legal Studies
(2007)
Coauthor(s): Charles Calomiris, Donna Hitscherich
Working papers
No Free Shop: Why Target Companies in MBOs and Private Equity Transactions Sometimes Choose Not to Buy "Go Shop" Options
(2013)
Coauthor(s): Adonis Antoniades, Charles Calomiris, Donna Hitscherich
In The Media
Poison Pills: Why Companies Use the Self-Defense Strategy
Can Elon Musk Be Stopped from Taking Over Twitter?
Moguls, Deals and Patagonia Vests: A Look Inside 'Summer Camp for Billionaires'
United's Unusual Plan to Sell $1 Billion of Stock
Beyond Sliding Profits, Earnings Reports Tell More about the COVID-19 Economy