At just 22 years old and fresh out of college, Shultz joined Theranos, a Silicon Valley startup once hailed as “the Apple of healthcare.” The company promised to revolutionize blood testing, raising nearly $1 billion in funding, achieving a $9 billion valuation, and assembling a high-profile board that included former secretaries of state and defense, U.S. senators, and military leaders.

Not long after arriving, Shultz began uncovering serious ethical and regulatory concerns behind the organization’s widely celebrated public image. What he discovered ultimately led him to become a key whistleblower in exposing fraudulent practices within Theranos, helping bring to light one of the most significant corporate fraud cases in the U.S. since Enron. His actions contributed to the company’s collapse and the criminal convictions of its top executives.

Today, Shultz shares his story with audiences around the world, offering insight into the personal and professional challenges he faced while navigating complex legal, ethical, and corporate pressures. His presentations explore the importance of courage, accountability, and ethical decision-making, particularly in high-stakes, high-innovation environments.

A scientist and entrepreneur, Shultz has since co-founded two diagnostics companies, including a deep-technology venture emerging from Stanford University’s Center for Magnetic Nanotechnology and a direct-to-consumer diagnostics and telehealth company. He also advises startups and venture capital firms, helping organizations address technical, commercial, and ethical challenges as they scale groundbreaking ideas.

Through his speaking engagements, Shultz addresses a wide range of audiences, students, executives, founders, investors, regulators, and compliance professionals, emphasizing how truth and integrity can serve as competitive advantages in business and leadership.

Larson said, “Free enterprise is the engine of economic prosperity, driving innovation, competition, and opportunity. It empowers individuals to pursue their dreams, rewards hard work, and fosters a dynamic economy that benefits society as a whole. Funding from the Moorman Foundation allows us to educate our students and community about the need for democratic government, free marketing economic systems, and strong socio-cultural institutions.”

The Moorman Professorship enables 91ֱ�� to recognize a notable member of its faculty whose contributions in free-enterprise systems and expertise in teaching translate to a demonstrated passion for educating the next generation of business leaders.  The Moorman Professorship provides vital resources to 91ֱ�� to build and advance the Division of Business, Education and Law while also implementing engaging, community-focused programs and projects.

“The Moorman Professorship is an honor of distinction that provides resources to invest in students, programs, activities, and curriculum. This, in turn, enriches the overall academic atmosphere and helps attract promising students to the college,” explains Dr. Kim Gaither, Provost.

The Moorman Professorship funds will be used to initiate new, interdisciplinary, creative opportunities for students, create collaborations within the community, and assist in establishing sustainable educational program initiatives.

Larson, who earned his bachelor’s and master’s degrees from Quincy University, joined the C-SC faculty in 2011. He is currently working towards a Doctorate in Management from Liberty University. He teaches courses including macroeconomics, microeconomics, management, social media marketing, sales and marketing, human resource management, and others. Prior to his position at C-SC, he served as the general manager for the rental company, Cantrell Inc., as well as an investment representative for Edward Jones Investments. He also was the managing partner of S.U.R. Inc. in Quincy.

Charles A. Moorman and his wife, Fabiola Cassidy, established the foundation in 1942 in recognition of Charles’ father, Thomas Robinson (T.R.) Moorman, who created The Moorman Manufacturing Company in Gorin, Mo. The business, which eventually moved to Quincy, Illinois, manufactured more than 150 products for feeding livestock and poultry. It was sold to ADM in 1997. The couple used the foundation to channel philanthropic initiatives that highlight the basic economic, ethical, and legal principles of a free society.

“Representing the Moorman Foundation is a distinct honor” Osborn noted, as he will play a vital role in the academic success of overseeing interdisciplinary, community engagement projects and providing public activities and events. In addition, the C-SC Division of Business, Education, and Law will host a summer college prep program for high school students considering majors and careers in business and entrepreneurship. Set to begin in summer 2022, participants will have the ability to earn college credit while obtaining countless professional development opportunities.

C-SC, a community-focused college, will utilize the Moorman Professor to organize and lead a semi-annual community engagement symposium and will provide a Leadership Speaker Series dedicated to bringing outstanding leaders from the private, government, and nonprofit sectors to campus to discuss business-related topics, which will be open to the public.

With the awarding of the Moorman-Professorship, C-SC is poised to make an increased impact on the economic development activities of our communities and the region, as well as educate the public about important economic issues. Osborn is excited to begin his role, with formal installation at the beginning of the Fall 2021 semester and stated, “I look forward to providing leadership, with the help of many others at C-SC, to impact students and the community through an emphasis on the economic, legal, and ethical principles in a free democratic society.” With the assistance of the Moorman Foundation, the College will continue to impact our region by providing workforce-ready graduates.

Jim Cosgrove, a professor of business administration, has been selected to provide the leadership as the named faculty member. He will provide a robust learning experience for students with the basic principles and deeper understanding of economics, as well as the ethical and legal principles of a free society and qualities to become a better-informed and engaged generation of Americans.

Cosgrove has been a member of the faculty at 91ֱ�� since 1982. He has a bachelor of business administration degree with a major in accounting from the University of Notre Dame, a bachelor’s degree in religion and philosophy from Culver-Stockton, and a Juris Doctorate from the University of Illinois College of Law.

He has been recognized for his past work with the Helsabeck Prize for Excellence in Teaching from Culver-Stockton, the Missouri Governor’s Award for Excellence in Education, the Excellence in Teaching Award from the International Assembly for Collegiate Business Education, and the Burlington Northern Teaching Award.

A professorship is one of the highest educational honors a faculty member can achieve. It will provide for Cosgrove additional opportunities for class travel, as well as course development, professional development and a lecture series.

Culver-Stockton has 468 students in its Business, Education and Leadership division, consisting of approximately 40 percent of the student population.

The Moorman Professorship is an important piece to the academic component of the comprehensive campaign, “Culver-Stockton Changing Lives.”

“The faculty and staff are truly changing the lives of our students, and a gift like this is transformational,” 91ֱ�� president Kelly Thompson said. “This remarkable gift will affect the educational experience of nearly half of the student body today, as well as many of our future students. We are deeply grateful to the Moorman Foundation’s generosity and support of our academic opportunities.”

The Moorman Manufacturing Company was created in 1900 in Gorin, Mo., to sell a hog mineral mixture, designed to make the hogs healthier, in homemade white cotton sacks. A few years later, the operation was moved to Quincy. Moorman’s went on to manufacture more than 150 different products for feeding livestock and poultry before it was sold to ADM in 1997.

The prospering Moorman Manufacturing business led Charles A. Moorman – son of founder Thomas Robinson (T.R.) Moorman – and his wife, Fabiola Cassidy Moorman, to establish a foundation in 1942 that gave them an outlet to channel their philanthropic activities.

Charles A. Moorman died in 1948, but his wife remained involved in the operations of the Moorman Foundation until she died in 1977. The foundation continues to hold dear the basic economic, ethical and legal principles of a free society.

The Moorman Professorship will help 91ֱ�� meet its mission – to prepare students of promise for a dynamic world through a distinctive experiential curriculum within a supportive learning community founded upon the best values of faith and the human spirit.

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