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Prospects in leadership: the search for new Dean of School of Business

In preparation for Dr. Gregory Prastacos stepping down as Dean of the Stevens School of Business, the Office of the Provost has announced a search for Dr. Prastacos’s successor. Led by a committee of Stevens faculty, staff, and administration, the search identifies and evaluates candidates to lead the School of Business into its next chapter. 

Dr. Prastacos assumed the title of Dean of the School of Business for a 10-year term plus an additional two-year extension, ending on August 31, 2024. At that point, Dr. Prastacos will step down as Dean after an impressive 12-year stint. 

Dr. Prastacos received his bachelor’s and master’s degrees in computer science from Columbia University before attaining his doctorate in operations research. Dr. Prastacos was a faculty member at the University of Pennsylvania’s Wharton School, after which he worked as the Professor of Management Science and Rector of the Athen University of Economics and Business, Athens, Greece, before coming to Stevens. 

Arriving in 2012 to assume the position of Dean of the School of Business, Dr. Prastacos expanded the School of Business from a small, highly focused school of technology management to a nationally ranked school of business. Throughout his tenure, Dr. Prastacos has helped more than double the number of faculty members in the School of Business, with female faculty numbers rising more than 200%. He has guided the school to achieve great academic success with many recognitions of Stevens School of Business research in top business and financial publications. 

Dr. Prastacos’s work as Dean of the School of Business has led Stevens to be recognized by the National Science Foundation to host the Center for Research toward Advancing Financial Technologies (CRAFT) in cooperation with the Rensselaer Polytechnic Institute. This center combines math, computer science, business, finances, and technology to shape the future finance world, led by the Hanlon Center here at Stevens, and serves as a beacon of financial technologies overlooking the Hudson River, downtown Manhattan, and Wall Street. 

To prepare for Dr. Prastacos’s departure, the Office of the Provost is launching a national search for Dr. Prastacos’s successor. A specially selected committee will lead the search. The committee comprises members of the Stevens community, which includes business professors, engineering faculty, and university administrators. The Provost has announced that Kelland Thomas, the Dean of the School of Humanities, Arts, and Social Sciences, will be chair of the committee. The committee will work with Hedrick & Struggles, an executive recruitment firm. The Provost asks for anyone with suggestions and nominations to reach out to aid in their progress this year. 

Searching for Dr. Gregory Prastacos’s successor as the Dean of the Stevens School of Business is a significant undertaking. Dean Thomas and other Stevens faculty, staff, and administration led the search committee. Dr. Prastacos has had an impressive 12-year stint as Dean of the School of Business, where he has expanded the school to a nationally ranked business school. His successor will have big shoes to fill, and the search committee will work diligently to find the best candidate to lead the School of Business into its next chapter.