Yale School of Management Dean Edward A. Snyder announced to the Yale SOM community that he plans to continue his service as dean in the 2018-19 academic year and then return to full-time teaching and research on July 1, 2019.
In a letter to the school community, Snyder wrote:
Deciding to complete my service as dean after next year was difficult. With time away from the school, I experienced what many others have—yet greater appreciation of our purposeful school and mission, the value of our rigorous approach, and the importance of Yale SOM to the world. I’ve also reflected on how our alumni body—small relative to peers but superior in so many ways—has stepped forward to make a huge impact: They’ve provided valuable advice, supported our students, connected us around the world, and been among the most generous alumni anywhere.
I have come to realize, however, that it will soon be the right time for someone else to embrace the opportunities ahead and to have the great privilege of being dean of Yale SOM. Given our mission to educate leaders for business and society and our connectedness to Yale, all sectors, and all regions, I’m confident that the next chapter in the school’s history will be a great one.
In a note to the broader Yale community, President Peter Salovey praised Snyder, the Indra K. Nooyi Dean and William S. Beinecke Professor of Economics and Management, for leading the school to become a “truly global center for the study of business at Yale,” while nurturing the Yale SOM community, ensuring academic excellence across programs, and more fully connecting SOM to other parts of the university.
Snyder took over the deanship at Yale SOM in 2011, after a successful run as dean at the University of Chicago Booth School of Business. Since coming to Yale, he has strengthened and modernized the school’s mission by focusing on three key objectives:
1. Be the business school that is most integrated with its home university.
2. Be the most distinctively global U.S. business school.
3. Be recognized as the best source of elevated leaders for all sectors and regions.
Some notable achievements of Snyder’s tenure include:
- The launch of the Global Network for Advancement Management, which has expanded to include thirty-two top business schools on six continents.
- The creation of new management master’s degree programs, including the Master of Advanced Management, MMS: Systemic Risk, and MMS: Global Business and Society.
- The opening of Edward P. Evans Hall, the school’s 240,000-square-foot campus.
- The strengthening and development of academic programs, including further enhancing the integrated curriculum and launching the Program on Entrepreneurship.
- The forging of stronger ties to the rest of Yale University by strengthening the school’s joint degree programs and creating foundational management courses specifically for non-SOM students.
- The substantial growth of the school’s non-degree executive programs, including the launch of a full suite of online and on-campus open enrollment programs.
- The recruitment of several high-profile scholars from other top business schools leaving SOM’s faculty among the best in the world in areas such as finance, investment management, and behavioral sciences, as well as of a strong and diverse crop of junior faculty.
Salovey noted: “Under Ted’s leadership, SOM’s influence, visibility, and national rankings have soared, reflecting the academic excellence of its program. Alumni involvement has increased, and SOM now leads with the highest percentage of its alumni giving annually to Yale out of all the university’s academic units. Ted has also worked to more fully connect SOM to other parts of the university, advancing our goal of a ‘more unified Yale.’ All these achievements testify to Ted’s vision and commitment in leading one of Yale’s great institutions.”