Four faculty members who were awarded endowed chairs for the first time are from left: Maureen McNichols, John McMillan, Glenn Carroll, and Mary Barth. Photograph by Steve Castillo.

ENDOWED CHAIRS PROVIDE “one of the most meaningful ways of attracting new faculty and rewarding faculty whose excellence merits the distinction,” Dean Robert Joss said in announcing two new endowed chairs at the Business School and the appointment of four professors to GSB chairs for the first time.

John Roberts was named the first John H. and Irene S. Scully Professor of Economics, Strategic Management, and International Business. Haim Mendelson becomes the first General Atlantic Partners Professor of Electronic Business and Commerce, and Management. The new chair holders are Mary Barth, the Atholl McBean Professor of Accounting; Glenn Carroll, the Lane Professor of Organizations; John McMillan, the Jonathan B. Lovelace Professor of Economics; and Maureen McNichols, the Marriner S. Eccles Professor of Public and Private Management.

The Scully chair was created with a gift from John and Irene Scully of Marin County, Calif. John Scully, MBA ’68, is managing director of SPO Partners & Co., a private investment company and merchant bank. He is a member of the Stanford Board of Trustees and the GSB Advisory Council. The General Atlantic chair was the result of a gift from five partners of the General Atlantic venture capital firm: Steven A. Denning, MBA ’78, senior managing partner; David C. Hodgson, MBA ’82; William E. Ford, MBA ’87; Clifton S. Robbins, MBA ’84; and Tom C. Tinsley, MBA ’78.

Mendelson is codirector of the Center for Electronic Business and Commerce and directs the School’s Executive Program in Strategic Uses of Information Technology. Roberts directs three Business School initiatives and applies economic and strategic analysis to management problems, especially those in international businesses.

Barth’s work deals with financial reporting issues important to practitioners and regulators, such as goodwill, international standards, earnings momentum, and intangible assets. In January, she was named to the new 14-member International Accounting Standards Board, where she is the only American academic member.

Carroll pioneered the study of population dynamics in organizations. His work on the political, regulatory, and normative environments of organizations has also been influential.

McMillan is an economic theorist who also analyzes business organizations in different countries. His work on China and Vietnam provide new insight into the use of incentives to improve performance of state enterprises in centrally planned economies.

McNichols’ research is on the nature of information provided to capital markets through alternative institutional arrangements. She has examined the informational roles of financial analysts, financial statements, and management’s discretionary disclosures. She is also known for her work on environmental liabilities.

FOUR ASSISTANT PROFESSORS at the GSB were recently promoted to associate professors, and two associates were named full professors—all effective September 1.

The new associate professors are Jennifer Aaker in marketing, Harrison Hong in finance, John Jost in organizational behavior, and Ezra Zuckerman in strategic management. Promoted to full professor are William Barnett and James Lattin.

Barnett studies competition within and among organizations, and how competition affects the founding, growth, performance, survival, and innovativeness of organizations. Lattin directs the Marketing Management Program for executives and studies purchasing behavior, database marketing, and customer acquisition and retention.

Aaker, who received the GSB’s 2000 Distinguished Teaching Award, studies culture and persuasion and how both affect markets. Hong’s research involves asset pricing and trading. Jost studies intergroup relations and political psychology. Zuckerman employs social theory to analyze social networks, financial markets, and corporate strategy.

JAMES MARCH, the Jack Steele Parker Professor of International Management Emeritus, recently was elected to the American Philosophical Society, the learned society founded by Benjamin Franklin.

March’s scholarship looks at the behavior of organizations, most recently universities. His book Organizations is considered a land- mark in the field of organizational research. He is also professor emeritus of education, political science, and sociology at Stanford and currently directs the Scandinavian Consortium for Organizational Research (Scancor) at Stanford. He was named a Knight, First Class, of the Royal Norwegian Order of Merit in 1995 and a Commander of the Order of the Lion of Finland in 2000 in honor of his research and work with Scancor.

MARKETING PROFESSOR Itamar Simonson has received his second O’Dell Award from the Journal of Marketing Research for an article judged to have had the greatest impact on the field of marketing research during the five years following its publication. The 2001 O’Dell Award honored Simonson for “The Effect of New Product Features on Brand Choice,” published in 1996 and coauthored with Steve Nowlis. They examined the conditions under which introducing a new or improving an existing product feature is most likely to have a significant effect on a brand’s market share.

MANJU PURI, associate professor of finance, and Peter Henry, assistant professor of economics, have been named faculty research fellows of the National Bureau of Economic Research (NBER). Henry’s work focuses on the macroeconomic effects of stock market liberalization in emerging markets. Puri researches financial intermediation, particularly related to banking and more recently to venture capital. NBER researchers, who comprise more than 500 professors of economics and business teaching at U.S. universities, are the leading scholars in their fields.

BILL MILLER is as much a part of Silicon Valley as the resistance-capacitance audio oscillator—and last February he took his place in the Silicon Valley Engineering Council’s Hall of Fame next to that instrument’s inventors, the late William Hewlett and David Packard.

Miller, the Herbert Hoover Professor of Public and Private Management Emeritus, is a former Stanford vice president and provost and a professor in the schools of engineering and business. He also was CEO of SRI International and founder of Joint Venture/Silicon Valley’s Smart Valley Network.

Besides Hewlett and Packard, Miller shares SVEC Hall of Fame space with such other Stanford/Silicon Valley luminaries as Russell and Sigurd Varian, Frederick Terman, and former engineering school dean James F. Gibbons.