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For Immediate Release:
Fairleigh Dickinson University

Gretchen Johnson

Office of Public Relations
Fairleigh Dickinson University
1000 River Road
Mailstop H-DH3-15
Teaneck, NJ 07666
(201) 692-7032

285 Madison Avenue
Mailstop M-MS0-01
Madison, NJ 07940
(973) 443-8661

See coverage in Morris Daily Record, September 18, 2002.

Business Dean Appointed


Teaneck, NJ (July 8, 2002 ) – David M. Steele, Ph.D., has been named Dean of the Silberman College of Business of Fairleigh Dickinson University, it was announced today by J. Michael Adams, President of the University.

"David Steele brings a unique blend of corporate experiences at the international level coupled with real-world knowledge of the needs of our graduates who will be making the transition from academia into an increasingly international workforce," said Adams.

He cited Steele’s credentials as an international business leader, pointing out that Dr. Steele has led corporate business operations in 25 countries, and brings to Fairleigh Dickinson more than 30 years’ experience in global business development, operations and finance.

"I am honored to be tapped to lead the Silberman College of Business," said Steele, "and proud to become an integral part of the long and highly respected Silberman tradition.

"I eagerly embrace this challenge – one that presents itself in the midst of an environment of skepticism generated by recent, highly publicized questionable business practices – a time when global attention is riveted on ethics, integrity, and core business values."

Steele added that he is committed to building on the Silberman tradition, and to expanding its horizons. "Fairleigh Dickinson alumni will not only be highly competitive in tomorrow’s business community – but will excel and be highly sought after – given the ever-expanding emphasis on global business and ethical business practices," Steele said.

Richard Bronson, Ph.D., Interim Provost, remarked, "It is essential to strengthen the bonds between academia and business. Dr. Steele brings global expertise and practical perspectives to Fairleigh Dickinson. We look forward to working with him, to learning from his experiences, and we are excited by the possibilities his appointment brings."

In the mid-1990s when many foreign governments were tentatively beginning to open their doors to private industry, Steele was appointed President of Chevron Latin America.

Through his vision and by developing and implementing a rapid-growth strategy, Steele re-established the Company’s roots in the region, secured significant operating contracts and grew the business to secure Chevron’s long-term future.

In addition to his experience in managing rapid change and his expertise in corporate growth and development, Steele honed his talents in the area of mergers and acquisitions. He served as a strategic planner and financial analyst for the 1984 merger between Chevron and Gulf Oil Company – at that time, the largest industry merger in history.

As Vice President of Finance for Chevron USA Production Company, Steele also managed the financial spin-off in Chevron’s $1-billion divestiture of assets to Pennzoil in 1993.

Dr. Steele achieved distinction as an industry leader for action programs on educational, safety, and environmental issues in Colombia, Peru, Venezuela and US communities.

Since leaving Chevron, he has served as an executive advisor to four international startup ventures and was interim CEO of Online Resolution Inc., a software startup.

He earned his BS and Ph.D. degrees in Chemical Engineering from Birmingham University in England, and completed graduate business courses at the University of California (Berkeley), and at the Wharton School of the University of Pennsylvania.

A bi-lingual executive, Steele is fluent in Spanish and has lived in seven countries in Europe, Asia, South America and the Caribbean.

Download photo at http://www.fdu.edu/images/newspubs/steele.jpg

About the Silberman College

The Silberman College is accredited by AACSB International – the Association to Advance Collegiate Schools of Business. AACSB accreditation has been earned by only 30 percent of the business schools in the United States. The College boasts more than 43,000 alumni and for more than 50 years, graduates of the Silberman College have gone on to key management positions in business throughout the United States and the world.

The College led the way in offering a bachelor’s and master’s degree in entrepreneurship; it was the first to offer an MS in Taxation; the first and only College in the region to develop an MBA in Pharmaceutical-Chemical Studies; and the first to offer a full-time program in Global Management for international and domestic students. For further information, visit http://business.fdu.edu.

Copyright © 2001, Fairleigh Dickinson University. All rights reserved.
This release authored with FDU Pagetoaster.