When Paul Danos announced in March 2014 that he would step down from his position as dean at Dartmouth’s Tuck School of Business after 19 years, the news was met with considerable emotion. After all, his deanship has been the longest in the school’s history, and is one of the longest in management education. By the end of his fifth term, nearly half of Tuck’s 10,000-plus living alumni will have graduated under his deanship.
This week, the school announced it has received a $10 million endowment from more than 50 alumni and friends of Tuck to name the business school’s deanship in honor of Paul Danos. The endowment, announced May 8th at an event in Danos’ honor, will support future deans in perpetuity, thereby freeing up funds for other priorities at the school, a news release confirms.
In addition to the endowment gifts, another 100 alumni and faculty have recognized Danos by establishing a fund to provide Tuck with resources for curricular innovation and faculty excellence. This innovation fund will support the type of leading-edge initiatives that have been a hallmark of Danos’ tenure.
“Paul has really transformed Tuck,” says David Southwell, Tuck ’88, a member of the Tuck Board of Overseers. “He’s changed the curriculum, built new buildings, and raised a huge amount of money. What’s unique is that he’s been able to expand the school while keeping the culture the way it is. One of the things that we Tuckies love about the school is its intimate feel. Paul has kept that while offering a world-class set of programs.”
Danos will step down at the end of June, but the school says he won’t be leaving Tuck or Dartmouth. The retired dean will advise President Phil Hanlon on several projects and teach a course at the business school.