August 26, 2019

For Immediate Release
August 26, 2019

Herrmann receives University of Ӱԭ Foundation Bullock Prize

FAIRBANKS- The University of Ӱԭ Foundation has selected University of Ӱԭ Fairbanks’ Dr. Mark Herrmann as recipient of the 2019 Edith R. Bullock Prize for Excellence. Herrmann is Dean of Ӱԭ’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 Ӱԭ. He worked his way up from assistant professor to full professor and subsequently to the Ӱԭ School of Management Dean.

Former student Christi Bell, associate vice provost and executive director of the University of Ӱԭ 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 UA 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 UA system at a time when we desperately need more of these types of leaders.”

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 Ӱԭ School of Management and its accounting program. This distinction has only been achieved by 182 universities worldwide. The AACSB has recognized Ӱԭ 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 UA 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 Ӱԭ 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 University of Ӱԭ 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.”

The UA Foundation, a non-profit 501(c)(3), raises, manages and stewards private donations for the benefit of the University of Ӱԭ.


Mark Herrmann PHOTO

For more information, contact Dory Straight, Scholarship Officer, UA Foundation; 907-450-8030.