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Six Faculty Appointed to Endowed Chairs

Senior faculty in Yale SOM’s marketing, operations, accounting, and finance groups received named chairs in recent months.

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A headshot of a person wearing a suit jacket
Vahideh Manshadi
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A headshot of a person wearing a suit

Professors Shane Frederick, Stefano Giglio, Bryan T. Kelly, Vahideh Manshadi, Kelly Shue, and X. Frank Zhang were appointed to endowed faculty chairs in 2024.

Frederick was appointed the Richard Ely Professor of Marketing. Frederick, a scholar of judgement and decision-making, has taught at Yale SOM since 2008. His research focuses on preference elicitation, framing effects, intertemporal choice, and decision-making under uncertainty.

Giglio was named the Frederic D. Wolfe Professor of Finance and Management. A member of the Yale SOM faculty since 2017, he studies asset pricing, macroeconomics, and climate finance, with a particular focus on hedging macroeconomic risks, like crash risk, uncertainty risk, and climate risk, using different financial instruments.

Kelly, a member of the Yale SOM faculty since 2018, was named the Frederick Frank ’54 and Mary C. Tanner Professor of Finance. Kelly is an expert in asset pricing and financial econometrics, with research interests including financial machine learning; volatility, tail risk, and correlation modeling in financial markets; banking sector systemic risk; financial intermediation; and financial networks.

Manshadi was appointed the Michael H. Jordan Professor of Operations. Manshadi’s research focuses on the operation of online and matching platforms, especially those with profound societal impact, including volunteer crowdsourcing, organ allocation, and information platforms. She has been a member of the Yale SOM faculty since 2014.

Shue, a member of the Yale SOM faculty since 2017, was named the Amman Mineral Professor of Finance. Her research explores the intersection of behavioral economics and empirical corporate finance, with studies on sustainable investing, the Peter Principle, compensation and promotions, gender and negotiations, the gambler’s fallacy, contrast effects, and non-proportional thinking in asset pricing.

Zhang was appointed the James L. Frank ’32 Professor of Accounting. A member of the Yale SOM faculty since 2005, his focus is empirical capital market research, including stock anomalies, fundamental analysis, investor and analyst behavior, management incentives, and corporate financial reporting, using both rational and behavioral approaches.