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University of Iowa News Release
Release: Feb. 11, 2003

Fethke Named Leonard A. Hadley Professor of Leadership

Photo: left - Gary C. Fethke, right - Leonard A. Hadley

Gary C. Fethke, professor of management sciences and economics and dean of the University of Iowa's Henry B. Tippie College of Business since 1994, has been named the first Leonard A. Hadley Professor of Leadership by UI Interim President Willard L. Boyd.

In announcing the honor, Boyd cited the breadth of Fethke’s academic accomplishments, his leadership, and his loyalty to the University of Iowa.

"I am pleased to announce the appointment of Gary C. Fethke as Leonard A. Hadley Professor of Leadership. In an era of increasing administrative demands, finding a dean of business who can maintain leadership in research and teaching is remarkable. We are tremendously fortunate that Gary continues his scholarly and instructional accomplishments while carrying out his administrative duties with great skill, Boyd said. "I am so old that I have known every dean of business in the history of the University. During my earlier administrative incarnation, I had the good fortune of working closely with the deans and faculty of that era. It has been wonderful to see the Henry B. Tippie College of Business continue to advance in quality and stature. I applaud the College's outstanding achievements during Gary's tenure as dean."

Fethke, originally of Sioux City, began his affiliation with the University of Iowa in 1962 when he enrolled as an undergraduate student. After completing his B.A. in 1964 and Ph.D. in 1968,both in economics, he spent eight years at Bradley University before he joined the faculty of the UI management sciences department in 1976. Except for five visiting appointments at the London School of Economics, Fethke’s career has been dedicated to the UI.

“I am humbled and gratified by this honor,” Fethke commented. “I consider being nominated and recognized in this way by people who are my colleagues and peers to be among my life’s greatest honors.”

The Hadley Professorship of Leadership was established in 2002 with a $750,000 gift commitment to the UI Foundation from former Maytag Corporation chairman and CEO Leonard A. Hadley of Cedar Rapids. Hadley earned a bachelor of science in commerce degree in accounting from the UI in 1958.

“Nothing defines an education like quality faculty, and it is my privilege to be able to recognize and support the work of an outstanding scholar and leader like Gary Fethke," Hadley said.

Hadley's career with Maytag, based in Newton, Iowa, spanned more than 40 years. He is a member of the UI Foundation Board of Directors, the Tippie College's Board of Visitors and the Presidents Club, which honors the UI's most generous contributors.

Boyd added that Fethke is an exceptional teacher and scholar and has continued to be active in the classroom since being named dean. His teaching evaluations have consistently ranked in the top quartile of faculty in the Tippie College. Fethke’s scholarly contributions to the field of macroeconomics have been significant over the course of 30 years. Unusual among his business school dean peers, he has continued to publish scholarly articles throughout his years as dean, leading his faculty by example.

Over the past decade, Dean Fethke has led the Tippie School of Management’s Full-time MBA Program’s climb into the top 50 U.S. programs in the national rankings. He has also provided leadership and service to the Association to Advance Collegiate Schools of Business (AACSB) and was an invited participant to the Clinton White House on the “National Summit on Retirement Income Savings” in 1988.

STORY SOURCE: University of Iowa News Services, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

CONTACTS: George McCrory, University of Iowa News Services 319-384-0012,