Wednesday, February 01, 2012
Trennepohl named inaugural ONEOK Chair in Finance at OSU-Tulsa
Dr. Gary Trennepohl, former president of Oklahoma State University-Tulsa and current professor of finance, has been named the inaugural ONEOK Chair in Finance at the university.
“The ONEOK Chair in Finance offers OSU-Tulsa the opportunity to expand learning opportunities for our students in the financial sector,” said Howard Barnett, president of OSU-Tulsa and OSU Center for Health Sciences. “Dr. Trennepohl’s years of financial experience will allow him to engage students on both the Tulsa and Stillwater campuses and provide valuable learning and networking opportunities.”
The ONEOK Chair in Finance was established with a $1 million gift by the Tulsa-based company through the OSU Foundation to encourage excellence in teaching and scholarship, enabling the university to attract and retain faculty of the highest quality and reputation.
“ONEOK needs qualified people to execute the strategies for our company to continue to do our business,” said John Gibson, chairman and CEO of ONEOK. “OSU-Tulsa has been providing graduates that fill that need. It’s an honor for this chair to be held by Dr. Trennepohl, who has worked closely with us over the years, so he may continue to influence young people in the areas of ethics and finance.”
The OSU Foundation honored Trennepohl and ONEOK at a Jan. 23 medallion ceremony at OSU-Tulsa.
Trennepohl joined OSU in 1995 as the dean of the College of Business Administration, now named the Spears School of Business. He quickly distinguished himself, leading to his appointment as the first president of OSU-Tulsa, a position he held for 10 years. Under his leadership, OSU-Tulsa increased enrollment from 870 to almost 2,700 students and completed construction on the Helmerich Research Center.
“It’s very humbling to be named to the ONEOK Chair. I greatly appreciate ONEOK and its leadership team for all they do to make Tulsa a great place to live and work,” said Trennepohl. “This position will allow us to do some things for our students that we normally couldn’t do. For example, it will help us create meaningful experiences for our students through trips and programs to further their education.”
Larry Crosby, dean of the Spears School, said Trennepohl has already made a tremendous impact on the field of finance, and his work as the ONEOK Chair will provide new opportunities to showcase his expertise.
“During his 17-year tenure as a faculty member and administrator at Oklahoma State University, Dr. Trennepohl has forged a reputation as a highly regarded educator and respected leader,” said Crosby. “Whether conducting seminars targeting professional investment managers and serving as a visiting faculty member for the Options Institute at the Chicago Board Options Exchange or authoring textbooks and professional journal articles on investments and corporate finance, Dr. Trennepohl influences the economic health and future of our nation.”
Professorships and chairs are academic designations whose privately funded endowments provide support for faculty salaries, graduate assistantships, equipment and research needs.
“Endowments like this help OSU remain competitive in recruiting and maintaining faculty,” said Gary Clark, OSU vice president and general council. “Faculty members in this type of position are able to do additional research and scholarship that are important for the university.”