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Russell Ackoff
Endowment Fund
Created
In January, Wharton announced
the creation of
the Russell L. Ackoff
Endowment, funded
through support initially
provided by the charitable
trust of Anheuser-Busch.
With a $1.2 million endowment,
the fund will
promote research and practice
in risk management
and systems science. In addition
to the creation of the
fund, Wharton Professor
Paul Kleindorfer has been
named the Anheuser-Busch
Professor of Management
Science.
"This is a very important
move for the Wharton
School. It provides our faculty
and students with
greater resources for the
study of risk management
and systems science," said
Dean Harker. "We are
grateful for Anheuser-Busch's
support."
"We are pleased to see
Russ Ackoff honored by
the $1.2 million fund to
promote research at the
Wharton Risk Management
and Decision Processes
Center. We are also happy
to endorse the selection of
Paul Kleindorfer to the
Anheuser-Busch Chair in
Management Science,
which Russ filled so ably for
so many years," said August
A. Busch III, chairman of
the board, Anheuser-Busch
Companies, Inc.
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