Penn State Smeal announces 2018-19 promotions in academic rank

July 02, 2019

Five members of the Penn State Smeal College of Business faculty, which ranks among the best in the world for research productivity, have received promotions for the 2018-19 academic year that took effect Monday.

Tenure-track faculty promotions

Jess Cornaggia will be promoted to the rank of professor in the Department of Finance. Cornaggia conducts empirical research in the areas of corporate finance, financial intermediation, credit ratings, and household finance.

Cornaggia has a doctorate in management science from the University of Texas at Dallas, and a master of business administration and a bachelor’s in general engineering, both from Gonzaga University.

Srikanth Paruchuri will be promoted to the rank of professor in the Department of Management and Organization. Paruchuri’s work focuses on two streams: innovation and entrepreneurial and other "momentous events." The stream focused on innovation investigates evolution of organizational capabilities (specifically R&D capabilities), technologies, and technological industries from diverse theoretical perspectives including social networks (of individual scientists and of firms). The second stream examines consequences of "momentous events," including entrepreneurship-related outcomes.

Paruchuri holds a doctorate in strategic management from Columbia University, a master of international business from the Indian Institute of Foreign Trade and a bachelor’s of technology in computer science and engineering from Regional Engineering College.

Matthew Gustafson will receive tenure and promotion to the rank of associate professor in the Department of Finance. Gustafson’s research examines topics in corporate finance, with an emphasis on capital raising and financial regulation, and personal finance.

Gustafson has a doctorate in finance (accounting) and a master’s in finance from the University of Rochester, a master’s in applied statistics from Villanova University and a bachelor’s in economics from Swarthmore College.

Anh Le will receive tenure and promotion to the rank of associate professor in the Department of Finance. His expertise lies in fixed income.

Le received his doctorate in finance from New York University, a bachelor of commerce in finance from the University of Queensland, and a bachelor of commerce in accounting and finance from Monash University.

Zhongyi Yuan will receive tenure and promotion to the rank of associate professor in the Department of Risk Management. His research interests include catastrophe risk modeling, insurance-linked securities, extreme value theory, and rare event simulation.

Yuan has a doctorate in statistics, with a concentration in actuarial science/financial mathematics, from the University of Iowa. He holds a master’s in statistics from the Academy of Mathematics and Systems Science in the Chinese Academy of Sciences and a bachelor’s in computer science from Beijing Normal University.

(Media Contacts)

Last Updated July 02, 2019