David Spalding, senior vice president and senior adviser to Dartmouth College's interim president Carol Folt, has been appointed the next Raisbeck Endowed Dean of the College of Business. He will begin on Aug. 1.
"David has an outstanding record, both in the business world and in higher education administration," said president Steven Leath. "I am confident he will take Iowa State's business programs to the next level, broaden the range of experiences available to our students and faculty, and expand the college's impact in every corner of the state and beyond."
During his eight years at Dartmouth, Spalding has held many leadership roles, including his current position in which he helps implement strategy, vision and direction for the institution. As Dartmouth's vice president for alumni relations, Spalding led the school's efforts to increase engagement with its nearly 70,000 alumni. Before his Dartmouth career, he held positions with Chase Manhattan, First National Bank of Chicago, GE Capital Corporate Finance Group, Lehman Brothers and the Cypress Group, a private equity firm he co-founded and co-managed.
"I am honored to serve as Iowa State's next business dean," Spalding said. "It's a great college with an exceptional history and a bright future. I look forward to working with faculty and staff to help the program reach new heights, and working with my colleagues across the campus to provide students an education that links Iowa's strengths to global economies and cultures."
Spalding earned a bachelor's degree in history from Dartmouth and an MBA in finance from New York University. He currently serves on the board of AMTROL; previous board affiliations include Lear Corp., Williams-Scotsman, and Parisian Inc.
In making the announcement, senior vice president and provost Jonathan Wickert praised interim dean Mike Crum for his leadership of the college since last July. Wickert also commended members of the search committee for their thoughtful consideration of candidates.
More reaction to Spalding's appointment
"David's wise counsel and valued judgment made him one of the most effective and trusted administrators I worked with during my tenure as Dartmouth's president. His impressive career in business and finance followed by his success in multiple key leadership roles at Dartmouth provide a unique perspective that make David the ideal person to take on the challenges facing a Business school dean. Iowa State is fortunate to have him."
-- Jim Yong Kim, president, World Bank
Former president, Dartmouth College
"David comes with a rare blend of impressive leadership achievements in both business and academia. He is a great listener who understands the need to invest in our programs and people."
-- Arnie Cowan, Wells Fargo Professor in Finance
Search committee member
"David's hiring brings new ideas and a commitment to relationships that will help the college expand its reputation, both throughout the state and across the nation. I am truly excited for the future of the Business college at Iowa State."
-- Suku Radia, CEO and president, Bankers Trust, Des Moines