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Lorin Hitt: Class of 1942 Term Professor
July 15, 2008, Volume 55, No. 1



Provost Ronald Daniels and Associate Provost Vincent Price announced the appointment of Dr. Lorin Hitt as Class of 1942 Term Professor, effective July 1, 2008. 

Dr. Hitt, currently professor of operations and information management at the Wharton School, was recently Alberto Vitale Term Associate Professor of Operations and Information Management. 

A professor at Wharton for 12 years, he is a leading global expert on the economics of information technology. He specializes in research at the intersection of information systems, economics, and econometrics–including the valuation of IT investments; the competition in electronic markets (such as online banks, brokerages, and travel agents); and the design of IT outsourcing agreements.

Dr. Hitt is an eight-time winner of the Excellence in Teaching Award from Wharton’s undergraduate division, winner of Penn’s Lindback Award for Distinguished Teaching, and winner of Wharton’s David Hauck Award for Distinguished Teaching.

He earned a PhD (1996) in management from the Sloan School of Management at the Massachusetts Institute of Technology, with a concentration in information technology and economics, and a ScM (1989) and ScB magna cum laude (1988) in electrical engineering from Brown University.

The Class of 1942, at its 50th reunion, established an endowed term chair to recognize Penn faculty members who have made significant contributions to both scholarship and undergraduate teaching. The chair rotates every five years among Penn’s four undergraduate schools (Arts and Sciences, Engineering and Applied Science, Nursing, and Wharton). Dr. Kathleen McCauley, associate professor of cardiovascular nursing, held the chair from 2003-2008.


Almanac - July 15, 2008, Volume 55, No. 1