Business Professor Dan McCarthy Honored with Endowed Chair

Article ID: 510158

Released: 1-Mar-2005 5:30 PM EST

Source Newsroom: Northeastern University

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Newswise — Northeastern alumni Alan S. McKim MBA '88 and Richard A. D'Amore '75 have established the McKim-D'Amore Distinguished Professorship of Global Management and Innovation. The $1.5 million endowment honors College of Business Administration General Management professor Daniel J. McCarthy's many career accomplishments in both industry and academia.

Upon McCarthy's retirement, the chair will be renamed the Daniel J. McCarthy Distinguished Professorship of Global Management and Innovation. The McCarthy Chair will then be conferred upon a faculty member appointed by the Provost considering recommendations from the CBA dean and a college committee. Both existing faculty members and external candidates will be eligible for the appointment. According to McCarthy, the endowed chair will bolster the College in areas "that are the strengths of the College of Business Administration: international management and technology innovation. This chair builds resources central to the future of the College."

McCarthy, who taught both McKim and D'Amore during their years at Northeastern, earned his AB and MBA degrees from Dartmouth College and a DBA from Harvard University. He has been a member of the business school faculty for more than 35 years where he concentrates on strategic management. He describes his teaching focus as courses that "synthesize and bring together financing, human resources, marketing, and high-tech innovation " the total business environment."

McCarthy is cofounder and codirector of Northeastern's highly ranked High Technology MBA program. He is a member of the editorial board of The Academy of Management Executive, and has authored more than 60 publications, including four editions of Business Policy and Strategy, as well as Business and Management in Russia, The Russian Capitalist Experiment, and the recently published Corporate Governance in Russia. He is the lead director of Clean Harbors, Inc., and has consulted in the US and Europe for more than 40 companies. Professor McCarthy is a Fellow at the Davis Center for Russian Studies at Harvard University, and is one of the top two scholars internationally in business and management in Russia, based on a study of publications in leading journals from 1986-2002. In the private sector, McCarthy participated in the start-up of two small, hightech companies that quickly went public and worked as a production manager for Johnson & Johnson.

McKim, who earned his MBA from Northeastern, is chairman of the board of directors, president, and chief executive officer of Clean Harbors, Inc., which he founded in 1980. Clean Harbors (NASDAQ: CLHB) is North America's leading provider of environmental and hazardous waste management services.

D'Amore is a founder and a general partner of North Bridge Venture Partners, a successful, early-stage venture capital fund that has invested in over 70 early-stage companies, primarily in communications and information technology. He graduated summa cum laude from Northeastern University in 1975 and earned his MBA from Harvard University, where he was a Baker Scholar.

Northeastern University is proud to announce this honor bestowed upon one of its most distinguished faculty members.

About Northeastern University College of Business Administration Northeastern University College of Business Administration, established in 1922, provides its students " undergraduate, graduate, and executive " with the education, tools, and experience necessary to launch and accelerate successful business careers.

Among many external measures of success, U.S. News and World Report ranked the College's bachelors program in international business in the US top 20; Forbes ranked Northeastern the 4th most entrepreneurial campus in the US; and BusinessWeek ranked the full-time MBA program among the best programs in the country that combine work with learning.

The College credits its success to a close partnership with industry; rigorous academics enhanced by workplace learning; and faculty research focused on business application.

About NortheasternNortheastern University, located in the heart of Boston, Massachusetts, is a world leader in practice-oriented education and recognized for its expert faculty and first-rate academic and research facilities. Northeastern integrates challenging liberal arts and professional studies with the nation's largest cooperative education program. Through co-op, Northeastern undergraduates alternate semesters of full-time study with semesters of paid work in fields relevant to their professional interests and major, giving them nearly two years of professional experience upon graduation. The majority of Northeastern graduates receive a job offer from a co-op employer. Cited for excellence three years running by U.S. News & World Report, Northeastern has quickly moved up into the top half of the "Best National Universities" rankings—an impressive 30 spots in three years. In addition, Northeastern was named a top college in the northeast by the Princeton Review 2003/04. For more information, please visit


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