Kevin F. Hallock, the dean of the Cornell SC Johnson College of Business, will depart Cornell this summer to become president of the University of Richmond, effective Aug. 15.

Hallock will step down as dean effective March 4 but will remain a member of the Cornell faculty and continue to serve on campus committees through August. Andrew Karolyi, deputy dean and dean of academic affairs and the Harold Bierman Jr. Distinguished Professor of Management, has been named acting dean.

“During Kevin’s 16-year tenure at Cornell, he has held several administrative roles, including the dean of Cornell’s ILR School and, most recently, dean of Cornell’s SC Johnson College of Business,” Provost Michael Kotlikoff said. “In each role, he brought a strong vision and leadership that helped to make him and the colleges he oversaw successful. Moreover, Kevin has been an outstanding university citizen, contributing tirelessly to many initiatives, and a close personal colleague. This is a terrific opportunity for Kevin and I know that he will make an excellent president for the University of Richmond.”

Hallock will be the 11th president to lead the 190-year-old University of Richmond, a highly ranked private liberal arts institution, which serves approximately 4,000 students in undergraduate and graduate programs in five schools: Arts and Sciences; Business; Law; Leadership; and Continuing Studies. Richmond is part of the Atlantic 10 Division I Athletic Conference, and its endowment is valued at approximately $2.9 billion. Like Cornell, Richmond offers a need-blind admission policy and a guarantee to meet 100% of demonstrated need for traditional undergraduate applicants.

“The University of Richmond has an exciting combination of an outstanding liberal arts and sciences education with excellent professional schools,” Hallock said. “Richmond drew me in and I couldn’t look away.”

As dean of the SC Johnson College, Hallock turned a budget deficit into a surplus within his first two years, worked to improve diversity, equity and inclusion, championed the expansion of the college’s footprint in New York City through a new facility in Manhattan, and motivated work on multiple new degrees, including a hybrid/online master’s in business analytics. Under his leadership, the college has seen increased enrollment and applications to nearly all 19 of its programs across the Charles H. Dyson School of Applied Economics and Management, the Samuel Curtis Johnson Graduate School of Management, and the School of Hotel Administration.

“The Cornell SC Johnson College of Business is absolutely amazing,” Hallock said. “The Board of Trustees made a bold move to advance business education by creating the college in 2016. Bringing three extraordinary schools into a single college has been a lot of work on behalf of hundreds and hundreds of people, but we are seeing the payoffs and they will continue to compound. I have every confidence that it will continue on an upward trajectory and advance substantially in the coming years.”

From 2015 to fall 2018, Hallock served as dean of the ILR School, where he guided the school through a strategic planning process, prioritized the student experience and well-being, and introduced an initiative bringing together students, staff and faculty around a common annual theme. He also raised resources for investments in faculty and research, invested in human resources, encouraged the faculty to revise the curriculum, and led the transition of ILR’s New York City office to a new home at 570 Lexington Ave., which opened in January 2019.

A member of the Cornell faculty since 2005, Hallock has served in several administrative roles and on various committees. He chaired Cornell’s Financial Policy Committee in 2008-09 and served as the Donald C. Opatrny ’74 Chair of the universitywide Department of Economics in 2012-15. He was also a member of the Provost’s Budget Model Task Force in 2009-10, and has served as chair of the steering committee for the Cornell Student Experience Initiative.

He is the current chair of the standing committee on travel and visitor policy, and is the lead dean of the governing board for Entrepreneurship at Cornell. He is also the founding director of Cornell’s Institute for Compensation Studies.

“I have had the great fortune to have had extraordinary supporters and mentors throughout my entire career,” Hallock said. “Cornell is an amazing community and I have been lucky to work with amazing people who are so dedicated to the teaching, research and outreach that is foundational to this university.”

Hallock is also a fellow of the National Academy of Human Resources and a research associate at the National Bureau of Economic Research. He has consulted and served as an expert witness on issues of compensation, executive compensation, stock price reactions to labor market events, and antitrust in labor markets.

“I am humbled and grateful to have had the opportunity to be part of Cornell for so long,” he said. “While I will miss this community dearly, I am heartened to know that I will be joining a new community in the University of Richmond that, like Cornell, is full of exceptional, smart, supportive people, looking to make the future better.”