New Dean at Boston University School of Management
New Dean at Boston University School of Management
Thursday, 08 July 2010 17:12
“I’m thrilled to join the Boston University community,” Kenneth W. Freeman, the newly named dean of Boston University School of Management says. “The School of Management has great momentum. I look forward to doing a lot of listening and learning in the early days as we prepare to further distinguish the school by building on its unique strengths.”
Turnaround Expert follows Dean LataifFreeman, best known as a turnaround expert, shepherding Quest Diagnostics from a problem-plagued upstart to the world’s leading medical testing company, and now a member with private equity firm Kohlberg Kravis Roberts & Co. will start on August 1, 2010, and replace Louis E. Lataif, SMG’s Allen Questrom Professor and Dean, who has helmed the School of Management for 19 years.Freeman’s Four-Decade-Long CareerDuring Freeman’s four-decade-long career, the profession and practice of business have been transformed by new regulations, new investment vehicles, powerful new technology, and globalization. When Freeman took over the Quest Diagnostics in 1995, the lab testing industry faced allegations that it had overbilled Medicare by charging for unnecessary tests. Freeman led a dramatic transformation of Quest Diagnostics from an embattled company facing massive challenges on multiple fronts into the leading provider of diagnostic testing in the world. |
One of the best performing CEO worldwideUnder Freeman’s leadership the market capitalization of Quest Diagnostics increased from $350 million at the time of the spin-off to $9 billion-plus when he handed over the reins to his successor as CEO in 2004. The results of a study conducted by professors at INSEAD and published earlier this year by the Harvard Business Review rated Freeman the 67th best performing CEO in the world.Not a musician but a managerFreeman earned an MBA with distinction from Harvard Business School in 1976. His nonbusiness passions are spending time with his family (married 38 years, he has two grown children and two young grandchildren), music (especially playing the piano), reading, watching sports, and keeping fit. He once considered a keyboardist’s career, but says he “discovered quickly that if I wanted to eat, I would need to do something other than performing music.” Welcome Dean Freeman! |
