A $3 million gift will establish a special law and business professorship shared between the Kellogg School of Management and the Northwestern University School of Law, the schools announced last week. Bernard Black, an expert in corporate law and finance and healthcare regulation, will be the first to fill the role.
The gift, from defense contractor General Dynamics Corporation, will establish the Nicholas D. Chabraja Professorship, named for the company’s retired chief executive officer and a Northwestern alumnus. The first of its type, the professorship will support both Kellogg and the School of Law, a symbol of the increasing integration of the two fields.
The donation also will provide support to Northwestern’s JD-MBA program, the largest joint law and business program in the world and the first to introduce a three-year, rather than four-year, course of study.
“Northwestern’s JD-MBA program truly is at the cutting edge,” Sunil Chopra, Kellogg interim dean, said in a statement. “Gifts of this nature allow us to continue on our innovative path, and we are very grateful for General Dynamics’ generosity.”
Chabraja, who retired in June, remains as non-executive chairman of the board of General Dynamics. Before his career at General Dynamics, which included several leadership roles and the longest tenure as chief executive among the nation’s top five defense contractors. Chabraja was a litigation partner at the law firm of Jenner & Block for 22 years. He graduated from Northwestern’s School of Law in 1967 and the Weinberg College of Arts and Sciences in 1964 and is on Northwestern’s Board of Trustees.
Black will serve as the first Nicholas D. Chabraja Professor, with an appointment at the School of Law and in Kellogg’s finance department. He will join the university in September 2010 from the University of Texas (UT), where he currently holds the Hayden W. Head Regents Chair for Faculty Excellence at the School of Law and is a professor of finance at the McCombs School of Business. He also is co-director of UT’s Center of Law, Business and Economics.
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Read the full article: New Professorship Links Northwestern’s Kellogg School of Management, School of Law