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PLOSSER APPOINTED SIMON SCHOOL DEAN,PROVED A LEADER IN CHALLENGING TIMES

 ROCHESTER, N.Y., Oct. 6 /PRNewswire/ -- Charles I. Plosser, 45, has been appointed dean of the William E. Simon Graduate School of Business Administration at the University of Rochester. He currently holds a joint appointment as John M. Olin Distinguished Professor of Economics and Public Policy at the Simon School and professor of economics and finance in the Department of Economics at the University of Rochester. Plosser is also a senior research associate at the Rochester Center for Economic Research in the University's College of Arts and Science.
 Plosser has served as acting dean since July 1992. University of Rochester President Dennis O'Brien commented: "I believe that the choice of Charles Plosser as dean is a clear affirmation of the basic strengths and strategy of the Simon School. Charles is more knowledgeable than anyone about its past achievements and highest potential, and his appointment reflects our collective belief that the school will live up to that potential."
 Plosser commented: "I look forward to leading the Simon School's growth as an unparalleled source of management education. My goal as dean will be to maintain our responsiveness to a rapidly changing international business community, while ensuring the integrity of our programs and research, and our commitment to teaching and student development."
 William E. Simon, for whom the school is named (1986) and chairman of its executive advisory committee, said: "I am thrilled that Charles Plosser has accepted the appointment as fifth dean of the Simon School. He is clearly the best choice. He is an internationally known economist, has a proven track record as the head of a leading business school and has demonstrated an immensely strong commitment to the school.
 "To me, Charles represents the very best that American business schools have to offer to the business community. He is strongly committed to the underlying principles of good management, market processes and the creation of value within the free enterprise system; moreover, he has presided over the impressive progress and gains that the Simon School has made in recent years. I have absolute faith that Charles will continue to do an unsurpassed job of leading the school to that level of distinction and recognition it deserves."
 Plosser served as acting dean of the Simon School from July 1, 1990, to Aug. 31, 1991 and from July 1, 1992 to Sept. 1, 1993. During his tenures, the Simon School implemented a series of initiatives designed to enhance and enrich the value of the M.B.A. program. These initiatives include a committee on teaching excellence to develop guidelines for peer review of teaching performance, international exchange programs, a required first-year total quality management capstone course and the Simon VISION Program, an innovative student- managed portion of the M.B.A. curriculum.
 In the 1992 Business Week survey of the top-20 business schools, the Simon School's 1992 graduates ranked it among the top 12 of 36 leading U.S business schools in 19 out of 34 categories -- first in the integration of basic business disciplines, second in the leading-edge knowledge of faculty and use of current research in teaching, and fifth in overall teaching quality. The full-time M.B.A. program, numbering 400 students, contains the largest percentage of international students (42 percent) of any leading U.S. graduate business school, 24 percent women and 10 percent U.S. minorities. In academic surveys, the school's faculty and programs usually rank in the top five or 10.
 Plosser has been a member of the Simon School faculty since 1978. Prior to his current position, he was Fred H. Gowen Professor of Economics and Finance from 1989 to 1992, and AT&T Research Fellow in 1986-87. He was also assistant professor of business economics at the Stanford University Graduate School of Management from 1976 to 1978 and lecturer in economics and econometrics at the University of Chicago Graduate School of Business in 1975-76.
 Plosser's research interests have ranged from business cycles to monetary and fiscal policies, and from banking to investments and financial markets. Much of his research has been supported by grants from the National Science Foundation. He is editor (with Robert G. King of the University of Virginia) of the Journal of Monetary Economics and editor (with Allan H. Meltzer of Carnegie-Mellon University) of the Carnegie-Rochester Conference Series on Public Policy, and is the author of numerous academic and popular articles. Plosser is also a member of the Shadow Open Market Committee, a nationally recognized group of economists that monitors and comments on U.S. economic policy.
 Plosser is a member of the American Economics Association, American Finance Association, American Statistical Association and Econometric Society. He has served as a research associate of the National Bureau of Economic Research in Cambridge, Mass. Plosser, who is listed in Who's Who in America (47th ed., 1992-93) and Who's Who in the World (11th ed., 1993-94), has also served as a consultant to numerous corporations, including Chase Manhattan Bank, Eastman Kodak Company and the Wyatt Corporation.
 Plosser earned the Ph.D. and M.B.A. degrees from the University of Chicago and received the bachelor of engineering degree (cum laude with honors) from Vanderbilt University.
 -0- 10/6/93
 /CONTACT: Robert Kraus, director of public relations of University of Rochester, 716-275-4124, or Anvernette B. Hanna, assistant dean for public affairs of William E. Simon Graduate School of Business Administration, 716-275-3736/


CO: William E. Simon Graduate School of Business Administration ST: New York IN: SU: PER

TS-MP -- NY050 -- 9416 10/06/93 15:00 EDT
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