01 Dec 2011
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Professors Recognized with New Chair Appointments

Re: Dick Spangler (MBA 1956)

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Dean Nitin Nohria recently appointed four HBS professors as the first incumbents of newly created faculty chairs.

Clayton Christensen is the Kim B. Clark Professor of Business Administration. Christensen, who joined the faculty after earning his DBA from HBS in 1992, is the author of five bestselling books, including The Innovator’s Dilemma, which laid out his now-famous theory of disruptive innovation. He teaches the elective course Building and Sustaining a Successful Enterprise. The Clark Professorship was established by Meredith and C.D. “Dick” Spangler Jr. (MBA ’56) to honor Dean Clark’s leadership and to support the School’s efforts in building an outstanding faculty. Clark, who served as Dean from 1995 to 2005, currently is president of Brigham Young University–Idaho.

Joshua Margolis is the James Dinan and Elizabeth Miller Professor of Business Administration. A member of the Organizational Behavior Unit, Margolis joined the HBS faculty in 2000. His research focuses on the distinctive ethical challenges that arise in organizations and how managers can navigate these challenges with practical effectiveness and moral integrity. The professorship was established in 2010 by James Dinan and Elizabeth Miller (both MBA ’85) in honor of their 25th HBS reunion.

Joshua Coval is the Jay O. Light Professor of Business Administration. A member of the Finance Unit, Coval came to HBS in 2001 after teaching at the University of Michigan Business School. His research investigates the structured finance market and how investor reliance on rating agencies and unsound pricing models led to the market’s rise and collapse. The fundraising effort for the Light Professorship was led by Seth Klarman (MBA ’82). It received gifts from alumni and colleagues of Light, who served as Dean from 2005 to 2010.

Thomas Eisenmann is the Howard H. Stevenson Professor of Business Administration. Eisenmann, chair of the MBA Elective Curriculum, joined the faculty in 1997 after 11 years with McKinsey & Company, where he was cohead of the media and entertainment practice. He is course head of The Entrepreneurial Manager in the Required Curriculum. The Stevenson Professorship was established by alumni and colleagues who sought to honor Stevenson’s dedication to the advancement of research about, and the teaching of, entrepreneurship at HBS.

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