Alumni Profiles: Richard P. Davis ’78 and Elizabeth A. Madigan ’79

Richard P. Davis (Dick), ’78 M.S., ’78 M.B.A.
Graduate School

Dick Davis is a two-time graduate of Wright State University. In 1978, he earned both a Master of Science degree in social and applied economics and an M.B.A. in finance from the Raj Soin College of Business.

Since graduation, Davis has gone on to achieve outstanding professional accomplishments in the world of finance and money management. He is the founder and former president of Flagship Financial Inc. Flagship, a company that started in 1970 as the money management division of the Mead Corporation, quickly grew in stature and reputation, ultimately managing over $4.4 billion in assets in 31 mutual funds for over 100,000 investors. In 1992, Flagship received the Newcomen Society Award, and in 1993 was honored as “Entrepreneur of the Year” in the Miami Valley Area.

In addition to his business acumen, Davis has been a champion for education, the arts, and health and human services in the Miami Valley. He has served on several not-for-profit boards and committees throughout the community, and has made significant contributions to several of those organizations along the way—including providing a leadership gift for the completion of our own MTC Trading Center (now renamed the Soin Trading Center) in the Raj Soin College of Business. Thanks to his support, our trading room was named one of the top 10 trading rooms in the country in 2008 by BusinessWeek.

Davis exemplifies the spirit of giving and community that Wright State University was built upon, and that we instill in our students each day.

Elizabeth A. Madigan (Liz) , Ph.D., ’79 B.S.N.
College of Nursing and Health

Elizabeth Madigan is a proud 1979 graduate of the Wright State University–Miami Valley College of Nursing and Health, where she earned a bachelor of nursing degree. She received her Master of Science degree in nursing in 1988 at Ohio State University, and received her Ph.D. in 1996 from Case Western Reserve University.

She is a professor of nursing and head of the World Heath Organization Collaborating Center at the Frances Payne Bolton School of Nursing at Case Western Reserve University in Cleveland. Madigan has received funding for her research from the U.S. National Institutes of Health and has changed practice in home health care nationally. In addition, she is a home health content expert internationally and provides workshops and consultations internationally in home health care. Most recently, Madigan has worked in Japan and the Caribbean on the development of home health care. She also serves as an expert and consultant on federal panels for home health care.

Madigan is a fellow in the American Academy of Nursing and received the Daniel J. Pesut Spirit of Renewal Award from Sigma Theta Tau International, the international nursing honor society.

A volunteer through the Lake County Nurses Association, Madigan also serves as vice president of the Midwest Nursing Research Society, as well as serving as a Girls Scout leader and teaching in her church’s Sunday school program.

Madigan recently endowed a scholarship at the Wright State University–Miami Valley College of Nursing and Health to support first-generation nursing students.