October 14, 2021
Dr. Robert Dammon Awarded Richard C. Green Professorship in Financial Economics Chair
Dr. Robert M. Dammon, Professor of Financial Economics, has been awarded the Richard C. Green Professorship in Financial Economics. Dr. Dammon has been a faculty member at the Tepper School since 1984. In addition to his research accomplishments, he has been an extraordinary educator—including being a three-time winner of the Tepper School’s George Leland Bach Teaching Award. He served as Associate Dean of Education from 2009-2011 and the ninth dean of the Tepper School from 2011-2020.
As a researcher, Dr. Dammon is best known as a thought leader developing models of how asset prices, investors’ lifetime savings and portfolio choices, and corporate financial policies are affected by taxation. His paper with Rick Green (Journal of Finance, 1987) is an important contribution that addresses the nature of tax arbitrage and its connection to progressive taxation and equilibrium asset prices.
Dr. Dammon had a close association with Professor Richard Green throughout much of his career. They both were doctoral students at the University of Wisconsin - Madison and worked closely together on the finance faculty at Carnegie Mellon for more than three decades. Towards the end of Professor Green’s lifetime, he served as Senior Associate Dean for Research during the early years of Dr. Dammon’s deanship.
"Dr. Dammon has been an invaluable servant to the Tepper School and our mission. He has guided the Tepper School for nine years with energy and optimism. We would not be where we are today as a school without his leadership."
Isabelle Bajeux-Besnainou, Dean of the Tepper School.
“An endowed professorship is an acknowledgment of the sustained achievement Dr. Dammon has shown in his research. In addition to his incredible research on taxation models, Dr. Dammon has been an invaluable servant to the Tepper School and our mission. He has guided the Tepper School for nine years with energy and optimism. We would not be where we are today as a school without his leadership. I am thrilled to be able to award this chair to him today, and I cannot think of anyone more deserving,” said Dean Bajeux.
Dr. Dammon made important contributions in the finance profession prior to moving into the dean’s office. He served as Secretary-Treasurer of the Western Finance Association for several years and an associate editor for several professional journals including Financial Management (2002-2008), Management Science (1993-1997, 2001-2003), and the Review of Financial Studies (1996-1999).
The Richard C. Green Professorship in Financial Economics was established by the Tepper School, in collaboration with alumni, colleagues, and friends of the late Richard C. Green, former Richard M. and Margaret S. Cyert Professor and Senior Associate Dean at the Tepper School. Friends of Richard C. Green created the endowment to support the enrichment of Tepper School academic programs and to advance ground-breaking research in finance.