Haas Newsroom


Professor and Alumnus Richard Lyons Appointed Acting Dean of the Haas School


November 24, 2004


Contact: Richard Kurovsky, (510) 642-5939, kurovsky@haas.berkeley.edu or Ute Frey, (510) 642-0342, frey@haas.berkeley.edu


Berkeley - UC Berkeley Chancellor Robert J. Birgeneau announced today that Richard K. Lyons, associate dean for academic affairs for the Haas School of Business, has been appointed the school’s acting dean. He will commence his post on December 1, 2004.


Richard Lyons will replace Dean Tom Campbell who will go on leave to serve as director of finance for the state of California, starting December 1.


Richard Lyons holds the Sylvan Coleman Chair in Finance at the Haas School and is an alumnus of its undergraduate program. As associate dean, he directed the hiring of new faculty, negotiated faculty promotions before campus, and oversaw the school’s research activities. He joined the Haas School faculty in 1993.


“How fortunate we are to have in Rich Lyons someone of such skill and experience to head the Haas School as acting dean,” said Chancellor Birgeneau. ”He knows the school well and assumes the job with the support and respect of Haas faculty and students. I have every confidence that Rich will lead the Haas School with great drive and purpose,” he added.


“The opportunity to serve as acting dean is a great honor. I am grateful,” said Richard Lyons upon accepting the appointment. “As an undergraduate product of Berkeley and its business school, I share the kind of deep appreciation for the place that I see in so many other members of the Haas community. The momentum that Dean Campbell has created, along so many lines, makes the opportunity even better. I look forward to working with everybody to maintain those lines of momentum, and, if we do our jobs right, create new ones as well.”


As acting dean, Lyons will oversee the school’s efforts to expand the size of the faculty; to expand the school’s production of leading-edge research in critical areas; to promote continuing improvement and innovation in the curriculum; to increase and enhance the school’s services for students; to build the endowment; and to complete planning for a new, second building.


Among academic peers, Lyons is best known for his seminal work in international finance and foreign exchange. His book, The Microstructure Approach to Exchange Rates, published by MIT Press in 2001, focuses on the economics of financial information and how conceptual frameworks within a field called microstructure finance help to clarify the types of information most relevant to exchange rates. His book offered new insights on how puzzling exchange rate behavior can be explained.


“Richard Lyons is a superb choice,” said Dean Tom Campbell. “He is an academic peer to Berkeley’s most distinguished faculty. He is a superb teacher, respected by all his students, and he is known for his kindness to and concern for the staff whose selfless work is so essential to our school. He will make an excellent dean.”


Known as both a tough grader and as one of the most popular teachers on campus, Lyons was awarded the Haas School’s Teacher-of-the-Year Award (Cheit Award) six times by his students in the Full-time MBA, Evening & Weekend MBA, and Master’s in Financial Engineering programs. In 1998 UC Berkeley honored him with the highest teaching honor on campus, the Berkeley Distinguished Teaching Award.


Lyons is a talented musician, who holds several musical copyrights. Between classes, he’s been known to accompany students’ Challenge for Charity fundraising efforts on his guitar and is a regular participant in the campaign’s annual talent show.


"Lyons is an excellent choice," says Professor David Vogel, who holds the Solomon Lee Chair of Business Ethics at Haas. "He is well-liked and respected by his colleagues. His unusually strong communication skills will make him highly effective in interacting with students, alumni, and the broader business and university communities."


Before joining Haas, Lyons was a faculty member at Columbia University’s business school from 1987 to 1993, first as assistant and then as associate professor. Prior to Columbia, he worked as an intern at the Board of Governors of the Federal Reserve Board, a research assistant for the Organization for Economic Cooperation and Development in Paris, and a research analyst for SRI International in Menlo Park. He has been granted several National Science Foundation Awards.


He graduated with highest honors from the undergraduate business program at UC Berkeley in 1982. He received a National Science Foundation Graduate Fellowship from 1984 until 1987 when he graduated with a Ph.D. in economics from the Massachusetts Institute of Technology.


Today, he is a research associate of the National Bureau of Economic Research (NBER), a member of the Council on Foreign Relations, and associate editor of the Haas School’s California Management Review and of the Journal of Financial Markets. He has consulted with the International Monetary Fund, the World Bank, the Federal Reserve Bank, and the European Commission. He is on the advisory board of the Economic Policy Review (NY Federal Reserve Bank), serves as a director/trustee for Barclays Global Investors’ iShares, and is chairman of the board of Matthews Asian Funds.


He has held visiting appointments at the University of Toulouse, France; Stockholm University, Sweden; London School of Economics, UK; Foundation for Advanced Information and Research (FAIR), Japan; and the University of Aix-Marseille, France.


Related Links


  1. Dean Tom Campbell takes leave to join Governor Schwarzenegger's team as director of the California Department of Finance.
  2. More About Rich Lyons

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Rich Lyons

Richard Lyons,
Acting Dean,
Haas School of Business