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Alumnus Herb Allison Named 2011 Graduation Speaker

We are pleased to announce that Herb Allison, MBA 1971, will speak at this year's graduation ceremony at the Stanford Graduate School of Business.

"Herb was among a select list of leaders students wanted to hear from this year," said Garth Saloner, Philip H. Knight Professor and Dean of the Stanford Graduate School of Business. "At this time of tremendous uncertainty and instability in the world, Herb's recognized contributions to both the corporate world and the community serve as inspiration for the kind of principled leader our students want to become. On graduation day, Herb's personal journey and character stand as an example of the GSB's call to change lives, change organizations, change the world."

In recent years Allison's career has been devoted to solving some of the most difficult problems affecting finance and the U.S. economy. As the U.S. Assistant Secretary for Financial Stability and Counselor to the Secretary of the Treasury, Allison supervised the $700 billion Troubled Asset Relief Program (TARP) until stepping down last September. The former chairman, president, and CEO of pension fund TIAA-CREF, Allison also served for 28 years as a leader at multiple levels of management at Merrill Lynch, rising to President, COO, and board director.

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