Mark Herrmann receives Bullock Prize
The Â鶹´«Ã½ Foundation has selected Â鶹´«Ã½ Fairbanks’ Dr. Mark Herrmann as recipient of the 2019 Edith R. Bullock Prize for Excellence. Herrmann is Dean of Â鶹´«Ã½F’s School of Management and a faculty member for 25-plus years. The Edith R. Bullock Prize for Excellence is the Foundation’s most prestigious award.
Herrmann’s affiliation with the university dates back to 1991 when he was hired as an assistant professor within the Economics Department at Â鶹´«Ã½F. He worked his way up from assistant professor to full professor and subsequently to the Â鶹´«Ã½F School of Management Dean.
Former student Christi Bell, associate vice provost and executive director of the Â鶹´«Ã½ Anchorage Business Enterprise Institute, stated in her nomination of Herrmann, “while Dr. Herrmann is a well-established and seasoned leader, he is simultaneously an up-and-coming leader of the Â鶹´«Ã½ system. This honor would not only recognize the work that Dr. Herrmann has already accomplished, but simultaneously recognize an entrepreneurial and innovative leader of the Â鶹´«Ã½ system at a time when we desperately need more of these types of leaders.â€
Under Herrmann’s leadership, the School of Management has increased revenue and reduced costs all while improving the student experience, increasing enrollment and graduation rates, and expanding community outreach. These accomplishments have not gone unnoticed outside the university. The Association to Advance Collegiate Schools of Business International (AACSB) has continually simultaneously accredited both the Â鶹´«Ã½F School of Management and its accounting program. This distinction has only been achieved by 182 universities worldwide. The AACSB has recognized Â鶹´«Ã½F as a shining example of a learning environment that integrates knowledge, practice and professional development and sets the standard for business schools across the nation.
Herrmann will receive a considerable award for his significant contribution to the
university from the Â鶹´«Ã½ Foundation, thanks to a generous gift from Edith Bullock. Edith
R. Bullock’s 30 years of service to the university included serving on the Board of
Regents and the Foundation Board of Trustees. Foundation Chair Alex Slivka stated,
“the Edith R. Bullock Prize carries the name of a woman whose works and services within
the State of Alaska have been widely recognized for excellence. Likewise, Dr. Herrmann’s
tenure with the university has transformed the School of Management into one of the
best managed schools in the Â鶹´«Ã½ system and is internationally recognized
as a gold standard for other business schools. His efforts embodies the excellence
that Mrs. Bullock wished to showcase through this prize.â€