Faculty

Andrew W. Lo has been named Risk Manager of the Year for 2017 by the Global Association of Risk Professionals (GARP). Lo was cited for his “extensive and distinguished academic work and contributions to the risk management profession.” “Andrew is an inspiration to all of us who believe that risk management is everyone's responsibility and should be solidly embedded in the culture and decision-making processes of every organization,” said Richard Apostolik, GARP president and CEO. Apostolik added that Lo joins a distinguished line of honorees “who have contributed in exceptional ways to risk management and the risk profession.”

Georgia Perakis has been selected to be an INFORMS Fellow, Class of 2016. The INFORMS (Institute for Operations Research and the Management Sciences) award honors “distinguished individuals who have demonstrated outstanding and exceptional accomplishments in operations research and the management sciences.” Perakis was cited for “exceptional research, spanning theory to practice with important contributions to variational inequalities, the price of anarchy, dynamic pricing and data analytics, and for her dedicated mentorship of a future generation of operations research scholars.”

Georgia Perakis won the 2016 Best Paper Award Competition of the INFORMS (Institute for Operations Research and the Management Sciences) Service Science Section. Her winning paper, co-authored with Lennart Baardman (MIT Operations Research Center PhD student), Maxime C. Cohen (New York University Stern School of Business assistant professor), Kiran Panchamgam (Oracle Retail Science), and Danny Segev (University of Haifa Dept. of Statistics), is entitled “Scheduling Promotion Vehicles to Boost Profits.”

Glen Urban was named a Fellow of ISMS (the INFORMS Society for Marketing Science) at the 2009 INFORMS Marketing Science Conference, held earlier this month at the Ross School of Business at the University of Michigan. The Fellows Awards are given in recognition of cumulative long-term contributions in research, practice, education, and service to the ISMS's efforts to improve the understanding and practice of marketing. Urban shares this honor with MIT Sloan colleagues and inaugural (2008) Fellows John Hauser and John Little.

Steve Graves has been elected a member of the National Academy of Engineering for his “contributions to the modeling and analysis of manufacturing systems and supply chains.” Considered among the highest professional distinctions for an engineer, election to the NAE honors outstanding contributions to “engineering research, practice, or education, including … significant contributions to the engineering literature” and to “the pioneering of new and developing fields of technology, making major advancements in traditional fields of engineering, or developing/implementing innovative approaches to engineering education.”

The newly elected NAE class of 2018 will be formally inducted in Washington, D.C., later this year.

 Stephen Graves has been elected president-elect of INFORMs and will serve as its president in 2021. Graves is the Abraham J. Siegel Professor of Management and a professor of operations management at MIT Sloan, and his research focuses on supply-chain optimization, manufacturing flexibility and tactical issues in online retailing. Graves has been a member of INFORMS since he joined as a student in 1974. According to INFORMS, it is the largest international association of operations research and analytics professionals and students.

Steve Graves has received the INFORMS (Institute for Operations Research and the Management Sciences) Manufacturing and Service Operations Management Society’s 2017 Manufacturing & Service Operations Management Best Paper Award. This annual award recognizes a paper, from among those published in the prior three volumes of Manufacturing & Service Operations Management, for its contribution to the theory and practice of operations management.

The winning paper, co-authored with Jason Acimovic (Penn State University Smeal College of Business and past MIT Operations Research Center doctoral student), is entitled “Making Better Fulfillment Decisions on the Fly in an Online Retail Environment” (Manufacturing & Service Operations Management 17(1):34-51).

The award was presented at the Manufacturing and Service Operations Management Society’s business meeting during the 2017 INFORMS annual meeting in Houston.

Michelle Hanlon has won the 2020 Distinguished Contributions to Accounting Literature Award from the American Accounting Association. This annual reward recognizes “uniqueness and magnitude of contribution to accounting education, practice and/or future accounting research” from among works published 5-15 years prior. Hanlon’s winning paper, co-authored with Scott D. Dyreng (Duke Fuqua) and Edward L. Maydew (UNC Kenan-Flagler), is entitled “Long-Run Corporate Tax Avoidance” (The Accounting Review, Vol. 83, No. 1, Jan. 2008).

Michelle Hanlon has won an MIT Sloan School Outstanding Teacher Award for the 2020-2021 academic year.  Arathi Mehrotra in Managerial Communication also won an Outstanding Teacher Award.  Each year, students nominate instructors for these teaching awards and the final recipients are chosen based on the quantity and quality of their nominations. Deputy Dean Michael Cusumano thanked the winners of this year's teaching awards for "exemplifying the dedication to pedagogical excellence that is so central to our mission at MIT Sloan."

Hazhir Rahmandad has won the System Dynamics Society’s Jay Wright Forrester Award. This is the top prize in the field, given at most once annually for the best published work in System Dynamics during the previous five years. Rahmandad was recognized for his 2012 paper in Organization Science, entitled “Impact of Growth Opportunities and Competition on Firm-Level Capability Development Trade-offs.”