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Rose Elected to HHMI Board of Trustees
Clayton S. Rose, a senior lecturer at the Harvard Business School and 20-year veteran of J.P. Morgan & Co., has been elected a Trustee of HHMI.
Clayton S. Rose
He becomes one of 10 Trustees of the Institute, a medical research organization dedicated to the discovery and dissemination of new knowledge in the life sciences.
Rose, 50, will become chair of the Trustee Committee on Audit and Compensation in November, succeeding Kurt Schmoke, Dean of the Howard University School of Law. He will also serve as a member of the Finance Committee.
At Harvard, Rose teaches a first-year course on “Leadership and Corporate Accountability” and a second-year course called “The Moral Leader.” He is at work on a project examining the challenges facing general managers in the financial services industry in light of the economic and financial crisis, has undertaken case studies of several affected firms, and will offer a new course on the subject in the fall of 2009. He has also taught at the Columbia University Graduate School of Business and the Leonard N. Stern School of Business at New York University.
Rose held a number of senior management roles during his tenure at J.P. Morgan, where he headed the Global Investment Banking and Global Equities divisions and served as a member of its executive committee. After the merger of J.P. Morgan with the Chase Manhattan Bank in 2001, Rose was vice chairman and chief operating officer of the J.P. Morgan Chase investment bank. He also helped found J.P. Morgan's equity business, represented it during the negotiations that followed the collapse of the hedge fund Long Term Capital Management in 1998, and led a firm-wide diversity initiative.
Rose chairs the board of managers of Highbridge Capital Management, a hedge fund in which J.P. Morgan holds a majority stake. He also serves as a trustee of the National Opinion Research Center, a widely respected social science research organization based at the University of Chicago.
Rose earned a bachelor's degree and a master's in business administration from the University of Chicago. In 2007, he received a Ph.D. in sociology (with distinction) from the University of Pennsylvania with a dissertation that focused on how companies manage the racial composition of boards and senior management teams.
Photo: Courtesy Clayton S. Rose