Keynote

Joel Stern
Co-Founder and Managing Partner
Stern Stewart & Co.

Joel M. Stern has been Managing Partner of Stern Stewart since the founding of the firm in 1982. Prior to that he served as President of Chase Financial Policy, the financial advisory arm of the Chase Manhattan Bank, which he joined after completing his graduate studies in finance and economics at The University of Chicago.

Mr. Stern is a recognized authority on financial economics, corporate performance measurement, corporate valuation, and incentive compensation. He has been a pioneer and leading advocate of the concept of shareholder value. He maintains close ties to the academic community and has served on the faculties of graduate business schools both in the United States and abroad. He is on the Executive Advisory Committee of the William E. Simon Graduate School of Business at the University of Rochester and is a member of The University of Chicago’s Council on the Graduate School of Business. He is also an adjunct professor at six Graduate Schools of Business: Columbia University, Carnegie Mellon University, The University of Chicago, Old Dominion University, and The Interdisciplinary Center, Herzliya Israel. Also, he is a visiting professor at the University of Cape Town. He was an adjunct professor at eight other business schools. Mr. Stern also is a member of the Mont Pelerin Society and formerly on the Board of Trustees of the Reason Foundation.

Mr. Stern has been a member of the three-person Annual Business Forecast luncheon at The University of Chicago Graduate School of Business since 1980. He has been widely published and has appeared on national business news programs, including CNN’s “Moneyline” and “Wall Street Week with Louis Rukeyser,” where he was a rotating panelist for 17 years. He was a financial policy columnist for The Financial Times of London for four years and The Sunday Times of London (2 years), and has written for The Wall Street Journal editorial page, The New York Times Sunday Forum, Fortune, Directors and Boards, Financial Executive, and Corporate Finance. He also is executive editor of Stern Stewart’s quarterly publication, The Journal of Applied Corporate Finance and is a member of the Editorial Board of the academic publication, the Journal of Financial Management and Analysis. The author of two books on financial economics (Analytical Methods in Financial Planning and Measuring Corporate Performance), Mr. Stern is the co-author of six others including The EVA Challenge published in 2001 by John Wiley & Sons, Inc.

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