After seven years on the job, Georgia Tech Scheller College of Business Dean Steve Salbu has announced that he will not be seeking a third term after his current one expires on June 30, 2014.
“Beginning July 1, 2014, I will resume my faculty role as the Cecil B. Day Chair in Business Ethics and Director of the new Cecil B. Day Program in Business Ethics, here at Georgia Tech,” he says.
Salbu, who joined the College in 2006 from the University of Texas at Austin (where he had been associate dean), calls his years as dean to date “the most rewarding of my career.”
“It has been the opportunity of a lifetime, and I feel very blessed to have been given it,” adds Salbu, who will continue to hold the Stephen P. Zelnak Jr. Chair until the next dean arrives.
“It has been a joy to work with Institute leaders, fellow deans, alumni, faculty, staff and students who are so smart, ambitious, talented, driven and collegial,” he says. “I love Georgia Tech dearly and always will. I am passionate about teaching, and it will be a pleasure to return to the classroom, as well as to my research,” he says.
When he first joined the College, Salbu developed a mission for the College to become the world’s leading school for business and technology. Believing that the cornerstone of a great business school is a strong faculty, Salbu immediately set out to boost the number of tenured/tenure track professors. That number, which was 53 in 2006, has grown to 81, as of summer 2013. “Our recruitment efforts in recent years have yielded star scholars as well as some of the most promising young minds in academe,” Salbu says.
His close work with development officers led to a $25 million gift in 2009 ($20 million of which was a dollar-for-dollar Challenge Grant designed to inspire charitable gifts and commitments from other donors to the College’s endowment). Shortly before that Challenge was fulfilled, the previously anonymous donor (alumnus Ernest Scheller Jr., IM 1952) stepped into the light, pledging another $25 million to rename the school (previously known as the College of Management) as the Scheller College of Business in summer 2012.
The Challenge Grant led to the creation of multiple endowed faculty chairs and professorships and numerous endowed scholarships and fellowships for undergraduate, MBA, and PhD students. “It’s been imperative that we endow substantial numbers of scholarships and fellowships to attract and support the very best student talent,” Salbu says.
“We have reached great heights in a very short time, and I am more excited than I can express about the future we will all share under the next leader of the College,” he adds. “The deanship of the Scheller College of Business is among the most desirable in the world, and the search for my successor next year will attract superb talent.”