Board of Directors

The Center for Research in Security Prices is advised by a distinguished Board of Directors from the University of Chicago’s Booth School of Business. Each Director is a renowned professor, researcher, and author.

Eugene F. Fama

The Robert R. McCormick Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago, Professor Fama holds a bachelors degree from Tufts University, and an MBA and Ph.D. from the University of Chicago. He also serves on the Board of Directors of Dimensional Fund Advisors, Inc. Widely recognized as the "father of modern finance," and a prolific author and researcher, he has received numerous awards and honors, among them: the Chaire Francqui (Belgian National Science Prize), and honorary law degrees from the University of Rochester and DePaul University.

Douglas W. Diamond

Merton H. Miller Distinguished Service Professor of Finance, Douglas Diamond holds a bachelor's degree in economics from Brown University, and a M.A., M. Phil., and Ph.D. in economics from Yale University. He also serves on the Board of Directors of the American Finance Association. Professor Diamond has also served as president of the Western Finance Association, and as an academic consultant to the Federal Reserve Bank of Richmond and the Federal Reserve Board.  He is an authority on financial crises, financial intermediaries, and banking regulation.

John Heaton

Joseph L. Gidwitz Professor of Finance, John Heaton holds a bachelor's degree in communications from the University of Windsor, a M.A. in economics from the University of Western Ontario, and a Ph.D. in economics from the University of Chicago. Professor Heaton is an authority on asset pricing, portfolio allocation, and time-series econometrics.

Steven Neil Kaplan

Steve Kaplan has been a professor at the University of Chicago's Booth School of Business since 1988. Professor Kaplan holds a bachelor's degree in applied mathematics and economics from Harvard University and a Ph.D. in business economics from Harvard University. He also serves on the Board of Directors of Morningstar, Inc., and on the Board of Trustees of the Columbia Acorn Funds. Professor Kaplan is an authority on venture capital, corporate governance, private equity, entrepreneurial finance, corporate control, e-commerce and corporate finance.

Lubos Pastor

Lubos Pastor serves as co-director of the Fama-Miller Center for Research in Finance and a member of the CRSP Indexes Advisory Council. Outside Chicago Booth, he is a member of the Bank Board of the National Bank of Slovakia, Director of the American Finance Association, Research Associate at the National Bureau of Economic Research, and Research Fellow at the Centre for Economic Policy and Research. He has served as President of the Western Finance Association. He is an Associate Editor of the Journal of Financial Economics and a former Associate Editor of the Journal of Finance and the Review of Financial Studies.

Lubos obtained a Ph.D. in finance from the Wharton School at the University of Pennsylvania. He has received the McKinsey Award for Excellence in Teaching as well as two Faculty Excellence Awards at Chicago Booth.