Kellogg World Alumni Magazine Summer 2005Kellogg School of Management
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  Kathleen Hagerty

Professor Kathleen Hagerty named senior associate dean

One of the Kellogg School's respected scholars and a longtime member of the Finance Department faculty has joined the Office of the Dean in a senior leadership role.

Kathleen Hagerty, the First Chicago Distinguished Professor of Finance and co-director of the Financial Institutions and Markets Research Center, has assumed the role of senior associate dean, faculty and research, a position previously held by Robert Magee, the Keith I. DeLashmutt Distinguished Professor of Accounting Information and Management. Professor Magee will resume his full-time teaching and research after a four-year term in the dean's office.

Dean Dipak C. Jain made the announcement June 4 during Oh Be Joyful, the Kellogg School's annual recognition dinner for faculty and staff.

Professor Hagerty brings a distinguished record of research, teaching and leadership experience to her new role. She began her career at the Kellogg School in 1984 and during that time has been recognized with numerous awards for her exemplary work, which includes a focus on security market regulation, microstructure of financial markets and the intersection of law and economics. She has received a Sidney J. Levy Teaching Award, a Bradley Foundation Research Fellowship, grants from the Searle Foundation and the Donald P. Jacobs Prize for the "Most Significant Paper" in the Journal of Financial Intermediation. She will continue to teach a derivatives course this fall.

Professor Hagerty has served as Finance Department chair from 1998-2000 and as a member of the Northwestern University Program Review Council from 1993-1996, which she chaired from 1995-1996. She is also a member of the National Adjudicatory Council of the NASD, the world's leading provider of financial regulatory services, and an associate editor for The Review of Financial Studies.

"I look forward to this new opportunity to make a positive difference at Kellogg," said Hagerty. "As a finance researcher, I am accustomed to taking a hard look at the data in an effort to understand systemic mechanisms. My goal is to bring this kind of rigor to my role in the Office of the Dean as we continue to build the school's academic strengths across all our disciplines."

In her new role, Professor Hagerty joins Dean Jain and Senior Associate Dean (Curriculum and Teaching) Robert Korajczyk.

Before announcing the new senior associate dean, Dean Jain praised Professor Magee's service, particularly "his intellect, patience and steady positive manner."

"Bob has demonstrated extraordinary skill and dedication during the past four years, including his efforts to increase the school's attention to faculty research," said Dean Jain, adding that Magee was instrumental in establishing the Stanley Reiter Best Paper Award in 2002.

In addition to the news about Professor Hagerty, a number of other promotions and distinctions were announced at Oh Be Joyful. The full list of recognitions may be found online.

©2002 Kellogg School of Management, Northwestern University