There have been several administrative changes this year. Some of the appointees
have been on the faculty for several years; others
are new to the college.
Morgan J. Lynge, professor of finance, was appointed
chairperson of the department to succeed Charles M. Linke, who
is now associate dean for graduate programs in the college. Lynge joined the
department in 1974 and received the Commerce Alumni
Association's Excellence in Undergraduate Teaching Award in 1981.
From 1990-95 he was associate dean for undergraduate affairs.
A Peoria native, Lynge received a bachelor's in history ('64) and
an MBA ('65) from the University of Illinois. He spent a year as
a financial analyst for Exxon before earning a Ph.D. from the
University of Michigan. From 1989-92, Lynge served as director of
the Midwest Finance Association.
Harold (Bill) F. Williamson, Jr., associate professor of
economics, took over the reins as associate dean for
undergraduate affairs in January. Williamson
joined the economics faculty at Illinois in 1964 and was director of
undergraduate studies for LAS economics from 1981-96.
In 1990 Williamson won the Commerce Alumni
Association's Excellence in Undergraduate Teaching Award, and in 1992
he was awarded the Emerson Cammack Outstanding Service
to Undergraduate Student's Award. He was president of Omicron
Delta Epsilon, the International Honor Society in Economics, from 1992-94.
Professor Williamson earned a doctorate ('69), master's ('59), and bachelor's ('58) from Yale.
Ralph D. Husby, associate professor of economics, was
appointed director of undergraduate studies, LAS
economics spring semester. He has been on the faculty
since 1967. Professor Husby has a doctorate ('69)
and master's ('66) from Cornell and a bachelor's from Southern
Methodist University ('63).
Office for Research
Richard J. Arnould, professor of economics, was
appointed director of the Office for Research this
past fall. In this position he will oversee the various
Research and Learning Centers in the college and run the activities
of the Bureau of Economic and Business Research. Professor Arnould joined the department of economics in 1967 and has
held several administrative positions in the college, including
associate dean for academic affairs from 1979-87 and he is director of
the Program in Health Economics, Management, and Policy.
A native of Iowa, Arnould earned all three degrees in economics
from Iowa State University: Ph.D. in 1968, MS in 1965, and BS in 1963.
Joseph E. Finnerty, professor of finance, has been
appointed assistant dean for planning and public
relations. This is a new position in the college.
Before coming to Illinois in 1984, Finnerty was at
the University of Massachusetts where he served as chair
of finance from 1979-82.
In 1991, Finnerty won the Commerce Alumni
Association Excellence in Undergraduate Teaching Award and was
voted the MBA Professor of the Year. He won a Fulbright to Ireland
and has served as a visiting professor at Krems MBA for Central
Europe since 1992.
Finnerty earned a doctorate ('74) and MBA ('69) in finance from
the University of Michigan and a bachelor's in physics ('67)
from Notre Dame University.
MBA Career Services Office
Elizabeth Polak joined the college last September as
the director of MBA Career Services. Before coming
to Illinois she was an assistant dean at the
McIntire School of Commerce at the University of Virginia. Previous
experience includes career services at the Darden Graduate School
of Business Administration and
college relations at General Dynamics. She holds an
MBA from the University of Houston and a BBA from Texas
Development and Alumni Affairs
Ronald E. Costello joined the College of Commerce as
associate dean for development at the beginning of
the spring semester. Costello, who has fifteen
years alumni and development experience, comes to
the college from Penn State where he was director of development
and coordinator for external relations.
A native of Philadelphia, Costello earned a BS in education
at Mansfield University in 1976. He has also done graduate work
in journalism and adult education at Pennsylvania State University
and Elmira College, respectively. Costello and his wife Denise
have three children.
William R. Bryan, professor of finance, retired last July. The
next day he took up a new position as dean of the business
college at Loyola University in Chicago. Bryan joined the Illinois faculty in
1966. Administrative positions at Commerce included
associate dean for research, director of the Bureau of Economic and
Business Research, and chair of the Department of Finance.
Walter McMahon, professor of economics, retired after 39
years at the university. McMahon joined the faculty
in 1957. His areas of expertise include the economics
of human resource development. He has been instrumental in securing a
long-standing US AID grant for cooperation between the
University of Illinois and Indonesia.
Gary E. Willard, associate professor of Business Administration,
died on December 6, 1995, after a two-year battle with cancer.
Willard joined the business administration faculty
at Illinois in 1991 as director of the Office for
Business Innovation and Entrepreneurship. He taught courses
in business policy, entrepreneurship, and policy
planning and did research on competitive strategies,
entrepreneurship, and new and small business. His most
recent publication, EntrepreneurshipPerspectives on Theory
Building (Elsevier Science, Ltd., Oxford), which he co-edited with Ivan Bull and
Howard Thomas, is forthcoming.
Before coming to Illinois, Gary taught at
Purdue University (1982-91), and he spent over ten years in business, as vice-president of Ozark-York,
Inc., from 1971-78, and as a mechanical systems
designer at Warren & Goodin, Engineers & Architects, from 1965-71. Willard earned a Ph.D. in management at Purdue ('82), an MBA ('77), and BS ('75) from Drury College.
Charles W. Calomiris, associate professor of finance was
elected a University Scholar in the fall of 1995. To receive
this prestigious award, the candidate must be nominated by his or her department. Final selection is made by a committee of senior faculty members. Calomiris will receive a stipend for three years.
His work spans several areas banking, corporate finance, financial history, monetary economics, and macroeconomics. Since coming to Illinois in 1992, Calomiris has helped shape new courses in banking and financial institutions for the Ph.D. and
MBA programs. In the classroom he is known for his ability to
integrate current research into his courses. Calomiris, who is the co-director
of the Office for Banking Research, is often quoted in the popular
press on public policy issues.
Professor Fred M. Gottheil was awarded the 1995 Certificate
of Merit by the Dad's Day Association. The
association recognizes outstanding students, staff, and
faculty. Fred was voted "Outstanding Faculty Member"
for his performance in the classroom. The
presentation took place at the Dad's Day Banquet and he
was recognized during halftime at the Ohio State game.
Professor and Dean Howard Thomas received two major
awards recently. He was named president elect of the
Strategic Management Society, the leading
international society in the field. In September he was
confirmed as an Inaugural Fellow of the British Academy
of Management. This announcement was made at the BAM meeting in Sheffield, England. He has
also been appointed associate editor of the British Journal of
Each semester students have the opportunity to turn the
table on their professors and evaluate them. Faculty in the
College of Commerce who made the "Incomplete List of
Teachers Ranked as Excellent by Their Students," for the 1995
spring semester are:
|Business Administration: ||Susan Cohen
|Business Administration: |
||John Keiser||LeAnn Mischel
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