Business & Economics Dept


Spencer Cowles

Dr. Cowles’ background is in commercial banking, where he worked for one of the largest commercial banks in New England. One of the most fascinating and fulfilling aspects of his banking career was working with entrepreneurs who had a better idea for doing something and who left secure careers to start a successful business of their own.

During a recent sabbatical he redeployed his banking skills in microfinance, working in Washington, D.C. as an investment consultant and acting director of investments at MicroVest Capital Management, a firm that raises funds from commercial investors and invests them in microfinance institutions worldwide.

Dr. Cowles’ primary undergraduate teaching responsibilities include business ethics and strategy, international business, and an introductory survey of business. He also teaches a course entitled Comparative Perspectives on Business and Society in EMU’s MBA program, which examines business ethics and policy at the level of the employee, the firm, and the macro economy. As quoted in an article on the teaching of ethics in business schools published in the Daily News Record (3/27/10), Dr. Cowles stated, “The free market system is based on trust. It’s not a peripheral issue. It’s central to the free market.”

He has also led a variety of cross-cultural programs in Japan, Europe, Jamaica, and the Navajo Nation, many of them geared toward his interests in international business and development.

Dr. Cowles formerly chaired the Department of Business and Economics and has played an active role in university governance. As Department Chair he was a practicing manager, continually involved in the types of actions and decisions concerning people, resources, and policy that most middle managers in a business–or any type of organization–are involved in. He has served on a number of committees, including the Faculty Senate, that take part in university governance, which includes formulating policy, making strategic decisions about the direction of the university, and developing new initiatives.

Chris Gingrich

Dr. Gingrich specializes in development and international economics. His research activities cover a variety of topics, including the fair trade coffee market, mosquito net delivery systems, sustainability and effectiveness of microfinance programs, and issues surrounding financial crises. He has worked on various assignments with Mennonite Economic Development Associates and Mennonite Central Committee.

A professor at EMU since 1995, he teaches in both the Department of Business and Economics and the Master of Business Administration program.

Visiting Instructor
NGO Events Manager
Leah Kratz
Assistant Professor

Leah Kratz, CPA, MBA teaches various courses in the Accounting program including Financial Accounting, Intermediate, Advanced, Cost Accounting, Tax and Auditing. She earned an accounting degree at EMU and MBA at James Madison University. Her work experience includes public accounting and most recently in government, working for the State of Virginia as the Assistant Fiscal Director of Woodrow Wilson Rehabilitation Center. Leah lives in Harrisonburg with her husband, Jeremy and their four children, Madeleine, Sophia, Anderson and Nolan. In her spare time she enjoys travel, cooking, reading and exercising.

Jim Leaman
Department Chair, Assoc Prof

James M. Leaman, Ph.D., leads the MBA program and teaches graduate courses in organizational and leadership studies and undergraduate courses in management, finance and economics. His industry experience has been in both private business and nonprofit administration, including 12 years of service with an international non-governmental organization (INGO) in Kenya. Academic preparation includes a Ph.D. in Public and International Affairs from the University of Pittsburgh, a Master of Public Administration (MPA) from James Madison University, and a B.S. from Eastern Mennonite University majoring in business administration and computer science. The perspective Jim adds to his field is analyzing and teaching about the role and impact of business and organizations within ecological limits and dynamic social systems, resulting in an integrated lens of sustainability, stewardship and justice.

Andrew Miller

Andrew Miller, MS, MDiv, has an interest in working with students and leaders towards self-understanding and personal formation as a foundation for organizational leadership and development. He draws upon his studies of strategic leadership studies (PhD program, James Madison University, ongoing), economics (MS, Iowa State University, 2003) and theology (MDiv, Eastern Mennonite Seminary, 2008) as a grounding for this process. Before beginning at EMU in the fall of 2012, he had served as Southeast Asia Representative for Mennonite Central Committee (MCC) supervising and facilitating strategic development in the Cambodia, Laos, Myanmar, and Vietnam country programs and advising local partners on strategic development as requested. He also served as Agricultural Program Coordinator for MCC in Prey Veng Province, Cambodia for two years. He is captivated by the Angkorean era temples and cuisine of Cambodia and Southeast Asia.

Anthony Smith
Associate Professor

Anthony E. Smith, PhD, serves as Senior Lecturer in the MBA program. He co-directed the EMU MBA program from January 2008 to June 2012, and helped develop the concentration in Nonprofit Entrepreneurial Management. Dr. Smith serves as founder-CEO of Secure Futures, LLC, a solar development company that developed the EMU solar project, Virginia’s first large solar photovoltaic system in 2010, and the W&L solar project in 2011. He previously directed the Staunton Creative Community Fund, Inc., a nonprofit community development financial corporation he co-developed with support from the City of Staunton and civic and business leaders. He also previously served as the Managing Director of the American Shakespeare Center in Staunton, VA, where he contributed to its financial and managerial turn-around. He has founded, co-founded and/or directed numerous small businesses and nonprofit organizations in community economic development, sustainable agriculture, energy management, and commodity futures trading in energy. Previously he served as National Program Leader for Community-Based Entrepreneurial Development for the US Department of Agriculture (USDA), Cooperative Research Education, and Extension Service. In 2014 his company, Secure Futures, received the Innovation award by the Maryland-DC-VA Solar Energy Industries Association for an innovation that has advanced the solar industry. In 2015 he was recognized by the Shenandoah Valley Technology Council with the High Tech Entrepreneur Award.

Ronald Stoltzfus

Dr. Ronald L. Stoltzfus, CPA, Ph.D., specializes in financial accounting reporting issues. His work experience includes the controllership of a large farm equipment company in southeastern Pennsylvania and summer projects with a local construction contractor, tire retreader, and an aviation company. He has been part of the EMU department of business and economics since 1984. His research interests include off-balance sheet obligations and pensions. Other interests include applications for the Balanced Scorecard.

Adjunct Faculty


Patty Eckard
Administrative Coordinator

In addition to working as office coordinator for the business and economics department, Patty Eckard is a mother of two adult sons. Her hobbies include reading, crosstitch, scrapbooking, and cooking, and spending time with her granddaughter. She is actively involved in her church (Faith Community) where she is on the worship team.

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