John S. Clarkeson |
Michael J. Brenna
John S. Clarkeson
John S. Clarkeson, Chairman of the Boston Consulting Group, Inc. (BCG),
was elected to the NBER's Board of Directors this spring as an at-large member.
Clarkeson, who received both his undergraduate degree and his M.B.A. from
Harvard University, has been associated with BCG -- an international general
management consulting firm founded in 1963 -- since 1966. He served as President
and CEO from 1986 to 1997, and became Chairman in 1998.
Clarkeson is also a director of Cabot Corporation, Chairman of the U.S.
Council of INSEAD, and a trustee of Wellesley College.
Michael J. Brenna
Michael J. Brennan, the Goldyne and Irwin Hearsh Chair in Money and
Banking at UCLA's Anderson Graduate School of Management, was elected to the
NBER's Board of Directors this spring to represent the University of California, Los
Angeles. Brennan is a professor of finance at both the Anderson School and the
London Business School. He holds a Ph.D. in business from MIT, an M.B.A. from
the University of Pittsburgh, and Bachelor of Arts and Bachelor of Philosophy
degrees from Oxford University.
Brennan taught at the University of British Columbia from 1970 to 1986,
rising through the ranks from assistant professor to the Albert E. Hall Professor of
Finance in 1979. In 1986 Brennan joined the Anderson School faculty. His research
interests include asset pricing and the role of information in financial markets,
dynamic portfolio theory, and market microstructure.
A former president of the American Finance Association, the Society for
Financial Studies, and the Western Finance Association, Brennan has served as
editor of the Journal of Finance and was the founding editor of the Review of
Financial Studies. He has consulted extensively for corporations in Canada and the
United States is a director of Smith Breeden Associates and of the Real Options
Brennan is married to Patricia Hughes who is a professor of accounting at
UCLA. They have three grown children and two grandchildren. His hobbies include
biking, gardening, and reading, and making breakfast for the homeless in Santa