Listen to this article
Richard Gillingwater will leave Cass after six years as dean in December 2012, while Carol Stephenson will step down at the Ivey school, in London Ontario, in the summer of 2013, after 10 years in the job. Both joined their respective business schools following a career in industry, Mr Gillingwater in the financial sector and Ms Stephenson in telecommunications.
At Imperial College economist David Begg has stepped down as principal and is now working on a part-time basis as the rector’s envoy for business and corporate development. Dot Griffiths, professor of human resource management, has stepped up as acting principal while the search for a replacement for Prof Begg gets underway. Prof Begg joined Imperial in 2003 as dean.
Mr Gillingwater’s decision to move on from Cass follows the approval earlier this week by parent City University of expansion plans for its business school. In particular these involve the expansion of the undergraduate business programme and the refurbishment of undergraduate student accommodation, and a major investment in executive education and people, both academic and non-academic staff.
The school is planning to open a high-specification building dedicated to executive short programmes, which will also be home to its Executive MBA programme and will be in walking distance of the existing Cass building. Over the next five years Cass is hoping to triple its income from executive courses. Hand-in-hand with this will go an increase in the number of client service staff. The school also has the green light from the university to increase the Cass faculty by 36 and to launch a doctoral (DBA) programme.
Mr Gillingwater says he intends to pursue the “dreaded portfolio career”. As well as his role as dean of Cass, he already holds several directorships and advisory roles in the City and beyond, including non-executive directorships at Scottish and Southern Energy and Hiscox. He was awarded a CBE in the Queen’s Birthday Honours List 2008 in recognition of his services to the financial services industry.
Similarly, Ms Stephenson serves on the boards of several top Canadian companies and is Chair of Canada’s Federal Government Advisory Committee on Senior Level Retention and Compensation. She was also on the board of directors of the Vancouver Olympic Games Organising Committee. In December 2009, Ms Stephenson was appointed Officer of the Order of Canada.