David Hummels named Krannert School of Management dean

May 26, 2015  

David Hummels

David Hummels 
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WEST LAFAYETTE, Ind. - David Hummels, an expert in international economics, has been named dean of Purdue University’s Krannert School of Management, effective immediately. Hummels has served as Krannert’s interim dean since September.

Hummels, a professor of economics and research associate of the National Bureau of Economic Research, joined Krannert in 2000 after serving on the faculty at the University of Chicago Booth School of Business.

“David Hummels has served Krannert and Purdue exceptionally during his time as interim dean, and I have full confidence that his vision and leadership will provide a firm foundation for Krannert to continue to expand on its reputation for excellence,” said Deba Dutta, provost and executive vice president for academic affairs.

An award-winning teacher of international economics in undergraduate, MBA and PhD classrooms and a frequent consultant to the U.S. government and international agencies, Hummels said he is looking forward to his new role.

“I’m thrilled and honored to be named the dean of one of the world’s leading business schools,” Hummels said. “Krannert is a talented and incredibly hardworking community of students, staff and scholars. We have a proud legacy of educating the leaders of some of the most successful companies in the world and producing foundational scholarship on business and economics. We are committed to making even greater impact in the future.”

As chief executive officer of Krannert, the dean provides academic, intellectual and administrative leadership. Hummels will be responsible for overseeing Krannert's teaching, research and engagement missions; for representing the school to internal and external constituents; and for ensuring that the school is fiscally well managed. The dean also will engage and work collaboratively with key Krannert stakeholders to create and execute a strategy for enhancing Krannert's stature as one of the nation's leading schools of management and business.

Hummels’ research focuses on a broad range of issues in international trade, including offshoring, product differentiation, barriers to trade and the broader impacts of aviation, infrastructure and trade facilitation on trade and economic development. He has published four books and more than 40 research articles in major economic journals. He is associate editor of the Journal of International Economics and associate director of the Forum for Research on Empirical International Trade. He has worked globally as a consultant for, and visiting scholar at, a variety of central banks, development banks and policy institutes.

He earned his master’s and doctoral degrees in economics from the University of Michigan in 1992 and 1995, respectively, and his bachelor’s degree in economics and political science from the University of Colorado.

Krannert School of Management is integrated with one of the world’s leading engineering, science and technology universities and teaches business concepts in a STEM context. Among Krannert's prominent alumni are Sam Allen, chairman and CEO of Deere & Co.; Beth Brooke-Marciniak, global vice chair at EY and a seven-time member of Forbes' list of the world's 100 most powerful women; and Venu Srinivasan, chairman and managing director of TVS Motor Co.

Krannert offers undergraduate programs, full-time, executive and weekend MBA programs, specialized master’s programs, and doctoral programs. Nearly 2,500 undergraduate students, more than 600 master’s students and just over 100 doctoral students are enrolled in the school. Krannert’s undergraduate program was ranked in the top 25 in the most recent U.S. News ranking and its MBA program was recently ranked No. 3 in return on investment by Bloomberg Businessweek. 

Writer: Brian Zink, 765-494-2080, bzink@purdue.edu 

Sources: Debasish "Deba" Dutta, dutta@purdue.edu

David Hummels, hummelsd@purdue.edu

Logan Jordan, Krannert associate dean of administration, 765-494-4370, jordan@purdue.edu 

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