Tuesday, April 1, 2008

Stanford Business School Honors Asset Management Firm Founder Michelle Clayman with Excellence in Leadership Award

NEW YORK —The Stanford Graduate School of Business honored Michelle Clayman, the founder of a New York asset management firm and a champion of women in business, with the School’s 2008 Excellence in Leadership Award. She is the first woman to receive the award.

Clayman, who earned an MBA at the School in 1979, received the leadership award at an April 2 event at the Rainbow Room in New York.

Each year, the Business School marks the importance of leadership in business by recognizing a graduate who has made significant contributions to the corporate world and the community.

“This award is given to spotlight achievements of alumni who have exhibited the leadership and integrity that we hope all our students demonstrate throughout their careers,” said Robert L. Joss, the Philip H. Knight Professor and Dean of the Stanford Graduate School of Business. “Michelle Clayman, our 2008 Excellence in Leadership Award winner, is a great choice for this honor.”

Clayman is the founder, managing partner, and chief investment officer of New Amsterdam Partners LLC, an institutional money management firm in New York that she launched in 1986. Prior to that, Clayman worked for six years at Salomon, where she helped build the quantitative equity research group. A native of Great Britain, she is also a graduate of Oxford University in England, where she received a degree in philosophy, politics, and economics.

A frequent commentator on CNBC, Bloomberg, and other financial media, Clayman has been published in the Financial Analysts Journal and the Journal of Investing. She now sits on the boards of the Society of Quantitative Analysts, a group of which she is a past president, and the Institute for Quantitative Research in Finance.

She is well known around Stanford as a champion of women’s issues. Clayman has generously supported Stanford’s Institute for Research on Women and Gender, now renamed the Michelle R. Clayman Institute for Gender Research.

Clayman is also on the advisory council of the Women’s Initiative Network, formed by Business School staff and alumnae to support women students. She also serves on the Stanford Graduate School of Business Advisory Council.

Since the 1980s, Clayman has been active with the CFA Institute, a leading industry group for finance and investment professionals that awards the Chartered Financial Analyst designation. She has shaped CFA exams, helped write course curriculum, developed textbooks, and published independent research.

A noted community volunteer, Clayman was a Girl Scout leader for 17 years and serves as a director of Children of Bellevue, a charity providing services to children at New York’s Bellevue Hospital. She is a member of the Dean’s Council at the Harvard Divinity School.

Although Clayman is the first woman to receive the Excellence in Leadership Award, the Business School Alumni Association recognized former Santa Clara County (Calif.) Supervisor Rebecca Morgan, MBA ’78, with its Ernest C. Arbuckle Award for leadership in 1999.