tool in enhancing the Kellogg School's world-class academics
At the Kellogg
School, academic excellence is paramount. Such an unparalleled
curriculum would be impossible to deliver, of course, without
the professors who ensure that a Kellogg education is absolutely
world-class. All Kellogg faculty are experts in their respective
fields; however, there are more than 70 elite professors upon
whom the school has bestowed its highest academic honor: an
acknowledge a professor's accomplishments in both the business
world and in academia. They are also an investment in the
Kellogg School's future, as the donors of these chairs understand
that their generosity will be recognized in perpetuity while
helping Kellogg attract and retain top professors.
of how a gift used to create an endowed chair can bolster
thought leadership at Kellogg involves Professor Emeritus
Stern, who holds the John D. Gray Distinguished Chair.
This chair, in the Marketing
Department, was established in 1983 in honor of Mr. Gray,
chairman emeritus of Hart, Schaffner & Marx (now Hartmarx).
Mr. Gray joined the firm in 1945 and worked his way through
the company to become president and then director and a member
of the executive committee. During his tenure, company sales
increased four-fold and earnings increased more than five-fold.
appropriate that the John D. Gray Distinguished Chair be filled
by a professor whose dedication and experience matches that
of Mr. Gray. Professor Stern joined the Northwestern University
faculty in 1973. A world-renowned marketing expert, he has
served as chairman of the Marketing Department at Kellogg
and as executive director of the Marketing Science Institute
in Cambridge, Mass. Professor Stern has completed visiting
professorships at both the Harvard Business School and the
Haas School of Business at The University of California, Berkeley.
articles have appeared in a variety of marketing, legal and
behavioral science journals. His many accolades include the
1986 Paul D. Converse Award from the American Marketing Association
for "outstanding contribution to theory and science in marketing."
In 1989, he was named "Marketing Educator of the Year" by
Sales and Marketing Executives-International, and in 1990
he received the same honor from the Sales and Marketing Executives
of Chicago. He was voted the 1992 "Outstanding Professor of
the Year" by Kellogg students and six times has received the
"Outstanding Professor Award for Electives" from the Kellogg
Executive Master's Program. In addition, he was selected as
winner of the American Marketing Association/Irwin Distinguished
Marketing Educator Award in 1994, which is "the highest honor
a marketing educator can receive." Also that year, he was
named as one of the 12 best teachers in U.S. business schools
by BusinessWeek magazine. And in June 1999, he was
the first recipient of the Kellogg School's Special Lifetime
Achievement Award for Teaching Excellence.
The Kellogg School's
ability to attract and retain such outstanding faculty is
due, in part, to the vision and generosity of donors who endow
"As one looks at
various business schools, there is little doubt that Kellogg
is in the forefront of academic research leading to breakthrough
ideas," said Homi Patel, chairman and CEO of Hartmarx. "This
research-based approach is invaluable in improving the school's
reputation and the desirability of its graduates. Such insights
are also critical for businesses who want to stay competitive
in this global environment."
Through gifts that
endow academic chairs, professors can perform groundbreaking
research that keeps the Kellogg School in the very top ranks
of management education by spurring continuous innovation
and academic rigor combined with practical relevance.