Tuesday, May 1, 2007

Duffie, Schmidt Named Fellows of Academy of Arts and Sciences

STANFORD GRADUATE SCHOOL OF BUSINESS—Two Stanford Graduate School of Business faculty members, J. Darrell Duffie, the Dean Witter Distinguished Professor of Finance, and Google CEO Eric Schmidt, lecturer in strategic management, have been named fellows of the American Academy of Arts and Sciences.

They were among 227 new fellows including former Vice President Al Gore, former U.S. Supreme Court Justice Sandra Day O'Connor, and New York Mayor Michael Bloomberg. A total of eight Stanford faculty members were elected to the distinguished body founded in 1780 by John Adams and other scholar-patriots.

Duffie, who is also the codirector of the School's Credit Risk Executive Program, has done extensive research on such issues as over-the-counter market financial modeling, and financial risk management.

Schmidt co-teaches a course titled "Entrepreneurship and Venture Capital" at the Stanford Business School.

The new fellows will be honored the academy's annual induction ceremony in Cambridge, Mass on October 6.