* Krannert School of Management

September 3, 2008

Krannert School of Management formalizes departments

WEST LAFAYETTE, Ind. - The Krannert School of Management has restructured its academic programs into the departments of economics and management.

Richard A. Cosier, Krannert School dean and Leeds Professor of Management, said Krannert had grown sufficiently over time to make formalizing the two departments with administrators who handle their affairs worthwhile.

"The Krannert faculty periodically reviews its constitution, including the organizational structure, and makes changes based on what is best for the long-term success of the school," Cosier said. "These areas have been informally labeled as departments for some time. We are now formalizing each and have assigned department heads to better serve faculty and students who will have a direct link to the decision-makers in their academic areas."

As part of the restructuring, a department head will lead each academic area. Each head's responsibilities will include:

* Development and maintenance of policies in the areas of teaching, research and service activities;

* Curriculum and academic supervision of degree programs;

* Retention of faculty and recruitment and recommendation of new faculty for appointment;

* Recommendations for changes in salary, merit raises, rank and tenure of staff members;

* General welfare and progress of the department; and

* Facilitating teaching, research and service activities with other departments at Krannert and throughout Purdue.

Manu Kalwani, the OneAmerica Professor of Management, will serve a five-year term as head of the Department of Management. His teaching interests include business marketing, marketing in a global economy and strategic marketing management. His current research interests include measurement and management of brand equity, the impact of order of entry on product performance and firm survival, pharmaceutical marketing, and cross-category store brand purchasing behavior. Before joining the Purdue faculty in 1980, he served on the faculty of the Sloan School of Management at the Massachusetts Institute of Technology.

Jack Barron, the Loeb Professor of Economics, will serve a three-year term as head of the Department of Economics. Barron's teaching interests include the economics of information and macroeconomics. His current research interests include various topics in labor economics and contract theory. He joined the faculty at Purdue in 1975 and has served as a consultant to numerous agencies and firms, including the U.S. Department of Labor and the Small Business Administration.

Writer: Tanya Brown, (765) 494-2079,

Sources: Richard Cosier, (765) 494-4366,

Manu Kalwani, (765) 494-4400,

Jack Barron, (765) 494-4451,

Purdue News Service: (765) 494-2096;

To the News Service home page