Duke - The Fuqua School of Business

News Release

Douglas Breeden Reappointed Dean of Duke’s Fuqua School Of Business

February 23, 2005

Note to editors: A photo of Dean Breeden is available at http://www.dukenews.duke.edu/images/doug_breeden0205.jpg

Douglas T. Breeden, dean of the Fuqua School of Business since 2001, has been reappointed to a second five-year term as dean, Provost Peter Lange announced Wednesday.

Lange said he and President Richard H. Brodhead were pleased Breeden would serve another term.

“Doug has done a superb job in leading Fuqua as it has grown the past four years,” Lange said. “Under his leadership, Fuqua has attracted a number of top scholars who not only contribute to the strategic goals of the business school, but to the university’s strategic priorities as well.

“Fuqua also has developed a dual-degree program in executive education with Frankfurt University ’s Goethe Business School , which supports Fuqua’s reputation as a world leader in business education, as well as several top-notch academic research centers,” Lange said.

During Breeden’s tenure, the Fuqua faculty has expanded to 98 and its Daytime MBA program has added a sixth section to bring Fuqua’s full-time enrollment to more than 800 students. Academic research centers added in the past four years include the Center for the Advancement of Social Entrepreneurship (CASE) and, most recently, the Fuqua/Coach K Center of Leadership and Ethics (COLE). COLE’s faculty includes Duke men’s basketball coach Mike Krzyzewski as an executive-in-residence.

Fuqua’s Health Sector Management program has grown rapidly in a joint effort with the Duke Medical School and “is arguably one of the top such programs in the world,” Breeden said.

During his second term, Breeden said he hopes to continue to undertake initiatives such as a new classroom, library and research facility to further accommodate the growth Fuqua has experienced in recent years.

“I am honored to be asked by President Brodhead and Provost Lange to serve another term,” Breeden said. “I am very excited by the new programs and the expansions of the Ph.D. program, the faculty and the MBA programs that we have accomplished in the past four years. However, these efforts are very much great works in progress. Many of the payoffs from this growth and deepening will be more visible in the next few years. I am pleased to be able to continue to be a part of this exciting university and see more of our efforts come to fruition.”

Breeden, who is also the William W. Priest professor of finance at Fuqua, has served on the faculties of the University of Chicago , Stanford University (where he earned his Ph.D. in finance) and the University of North Carolina at Chapel Hill . His financial research has been cited more than 800 times in scholarly publications. In 1991, he founded the " Journal of Fixed Income ." Breeden also has served as associate editor of a number of other leading finance publications, including the “ Journal of Finance ,” “ Review of Financial Studies ,” “ Journal of Financial and Quantitative Analysis ,” “ Journal of Financial Economic s” and the “ Journal of Money, Credit and Banking .”

In 1982, he co-founded Smith Breeden Associates Inc., a money management firm that has more than $20 billion of assets under management for pension accounts, foundations, mutual funds and separate accounts. He continues to serve as chairman of Smith Breeden and Community First Financial Group, a bank holding company.

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Duke's business school was founded in 1969. It was renamed The Fuqua School of Business in 1980 with a $10 million gift from Atlanta industrialist and former Duke trustee J.B. Fuqua. Fuqua offers four MBA program formats: The Duke MBA, a full-time program; The Duke MBA-Global Executive; the Duke MBA-Cross Continent; and the Duke MBA-Weekend Executive.

Fuqua also offers non-degree executive education through its open-enrollment programs and its majority ownership in Duke Corporate Education, which was founded in 2000 to offer customized corporate education. Combined, the two are ranked No. 1 in the world by both Financial Times and Business Week .