President Richard Levin announced today that Edward A. Snyder, currently the dean of Chicago’s Booth School of Business, will become the dean of Yale’s School of Management on July 1, 2011. According to Yale’s announcement:
Last month, he announced his decision to step down as Dean of Chicago Booth effective June 30, 2010. Following a year’s leave, he will assume the Deanship of Yale SOM in July of 2011. Sharon M. Oster will continue as Dean of Yale SOM during Snyder’s sabbatical year.
“Ted Snyder is widely regarded as the most successful business school dean in the nation,” Levin said. “He brings experience, enthusiasm, and vision to the Yale School of Management, and he looks forward to maintaining the school’s tradition of preparing students for leadership in business and society by raising their awareness of the context in which business operates. Ted especially appreciates Yale’s openness to collaboration across its schools and departments and its strong institutional commitment to infusing its educational programs with global experiences and global awareness. Ted is also committed to advancing the curricular innovations begun by the SOM faculty three years ago.”
Snyder has served as Dean of Chicago Booth since 2001. Under his leadership, the school almost doubled its number of endowed professorships and more than tripled its scholarship assistance to students. Snyder oversaw the move to the school’s new Hyde Park campus on time and on budget, expanded the school’s presence in Singapore, and established a new campus in London. In 2008, Snyder announced a $300 million gift from Chicago alumnus David Booth and his family, which was the largest donation in the history of the University of Chicago and the largest gift to any business school in the world. In recognition of this gift, the school was renamed in Booth’s honor. During Snyder’s tenure, the school also successfully completed a capital campaign and more than doubled its endowment.
The appointment of Snyder is a coup for Yale SOM. He is well-regarded and had significant success at Chicago in raising money, attracting talent, and increasing the prestige and prominence of Chicago’s MBA program.