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June 29: Dunn Reappointed Dean of Carnegie Mellon's Tepper School of Business


Geof Becker

Carnegie Mellon Reappoints Kenneth Dunn
Dean of Its Tepper School of Business

Dunn Cited for Impact on Research, Fund Raising and Global Alumni Network

PITTSBURGH-Carnegie Mellon University's Board of Trustees has appointed Kenneth B. Dunn to a second five-year term as dean of the Tepper School of Business. Dunn's new term begins in July.    

Kenneth Dunn"Under Dean Dunn, the Tepper School has seen a marked increase in the quality of its students, in the importance placed on the impact of faculty research and in external relations and fund raising," said Carnegie Mellon Provost and Senior Vice President Mark Kamlet.     

Among achievements in Dunn's first term, Kamlet highlighted the $55 million naming gift in 2004 from alumnus David Tepper, president and founder of Appaloosa Management LP, and his wife, Marlene, as a "seminal event" for the school and university. "It bespeaks the confidence of the donors not only in the school and the university, but also in Dean Dunn and his vision for the Tepper School," Kamlet said.     

"I am honored to be reappointed dean of the Tepper School of Business — among the best business schools in the country and the world," said Dunn. "We are committed to an exceptional educational and research environment, and to continuing to recognize and utilize the extraordinary achievements of our faculty and alumni in advancing the mission of the Tepper School of Business."     

As part of Dunn's review, a faculty committee unanimously recommended his reappointment. The committee was chaired by Egon Balas, University Professor of Industrial Administration and Applied Mathematics and the Thomas Lord Professor of Operations Research. Committee members included Dennis Epple, the Thomas Lord Professor of Economics and head of the Tepper School's bachelor's degree program in economics; Richard Green, the Richard M. and Margaret S. Cyert Professor of Economics and Management and head of the Tepper School's Ph.D. program; Carolyn Levine, associate professor of accounting; Don Moore, the Carnegie Bosch Faculty Development Chair and associate professor of organizational behavior and theory; and Alan Scheller-Wolf, associate professor of manufacturing and operations management.     

The faculty committee lauded Dunn's effectiveness with both external and internal constituents; his contacts with alumni, dating from his time as a professor at Carnegie Mellon; his credibility with industry through his experience and business success; and his credibility with faculty from his own academic success.     

The committee also emphasized Dunn's clear articulation of the importance of top-quality academic research through his creation of several centers aimed at promoting the synergies between research and education. These key new centers include the Center for Analytical Research and Technology (CART), which encourages analytical research that can be applied to fundamental business problems; the Teaching Innovation Center (TIC), which helps faculty develop new courses that bring real-world business problems into the classroom; and the Center for Business Solutions (CBS), which connects research and teaching to create partnerships between the Tepper School and industry that apply technology as a critical element in converting data to knowledge, action and financial performance.

Market research conducted by the Tepper School indicated much higher levels of alumni satisfaction and excitement about the school, the committee said. The committee noted that increased alumni satisfaction was evident in higher rates of alumni giving, which rose 28 percent over three years.

Dunn was initially appointed the eighth dean of the Tepper School in July 2002, following a 16-year career managing fixed income portfolios. His career included serving as managing director of Morgan Stanley Investment Management and co-director of the U.S. Core Fixed Income and Mortgage teams. Before that, Dunn taught at Carnegie Mellon, where he joined the faculty in 1979 as assistant professor of industrial administration and became a tenured professor of finance and economics in 1987.     

Dunn earned a doctorate in industrial administration from Purdue University in 1979, and his bachelor's and master's degrees in business administration from The Ohio State University in 1974 and 1976, respectively. He and his wife, Pamela, have two children and live in Pittsburgh. Dunn serves on the board of directors of the Carnegie Bosch Institute for Applied Studies in International Management, BlackRock Inc., the Pittsburgh Opera, the Pittsburgh Symphony Orchestra and Friends Central School.