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Larry Stimpert

Larry Stimpert is Professor of Economics and Business at Colorado College. Professor Stimpert received his B.A. in economics, magna cum laude, from Illinois Wesleyan University and his M.B.A. in finance from Columbia University. Professor Stimpert received his Ph.D. from the University of Illinois at Urbana-Champaign, where he was recognized for the quality of his teaching while still a graduate student. He is also a visiting professor in the Global Executive M.B.A. program at Korea University in Seoul where he teaches courses in Strategic Management and Mergers and Acquisitions Strategy, and he has served as a Distinguished Visiting Professor in the Management Department of the U.S. Air Force Academy. Prior to joining Colorado College, he was a faculty member at the Eli Broad College of Business at Michigan State University, where he taught management courses at the undergraduate, masters, and Ph.D. levels. At Colorado College, he has held the John D. and Catherine T. MacArthur Professorship and the John L. Knight Chair for the Study of Free Enterprise, and has twice received the Sidney G. Winter Award for his contributions to economics and business education.

Prior to entering the academic field, he worked in the railroad industry and served in various marketing and economic analysis positions at the Southern Railway Company and the Norfolk Southern Corporation.  Later he worked as a Manager of Marketing and Pricing for the Chicago and North Western Transportation Company.

He has been active in higher education professional societies, and has joined with colleagues in making presentations at the meetings of these organizations on subjects as wide-ranging as college finances, implementing new general education curricula, conducting collaborative research with undergraduate students, enhancing the effectiveness of shared governance, and bridging the academic and student life sides of campus life.  He has written about the opportunities and challenges facing private colleges in an article published in Change magazine.  He has also been active in accreditation efforts, both as an evaluator of other institutions and in implementing plans for assessing student learning at Colorado College.

Larry and his wife, Lesley, have two children, Connor and Renee.  He enjoys nearly all outdoor activities, reading, and playing the piano.

Activities & Interests

His research and teaching interests focus on many strategy issues, including managerial responses to environmental change and organizational decline, business definition and organizational identity, the management of corporate strategy, mergers, acquisitions, and diversification, corporate governance, and company strategies following deregulation.  His articles and reviews have appeared in the Academy of Management Journal, the Academy of Management Review, the Journal of Management Studies, and the Strategic Management Journal.  He has also co-authored two strategic management texts.

Regular Classes

  • EC 160 - Principles of Financial Accounting
  • EC 326 - Consumer Marketing
  • EC 405 - Business Policy and Strategy


    • Ph.D. in Business Administration, University of Illinois at Urbana-Champaign, 1992.
    • M.B.A. in Finance, Columbia University, 1985.
    • B.A. in Economics, magna cum laude, Illinois Wesleyan University, 1980.

Committees & Governance

Professor Stimpert is a member of the Academy of Management, the Strategic Management Society, the Southern Management Association, and the Academy of Business Education.  He serves on the editorial review board of the Journal of Management, and he has previously served as a co-editor of the Journal of Management Inquiry.

During the 2002-2003 academic year, he was an ACE Fellow at Earlham College where he also served as Special Assistant to the President.  At Earlham, he assisted in budgetary planning and forecasting projects and participated in meetings of the college’s Budget Committee, worked with members of the accreditation Self-Study Committee, served on the Ad Hoc Residential Life Committee, and participated in meetings of the school’s senior staff and board of trustees.

At Colorado College, Professor Stimpert has served as the chair of the Economics and Business Department.  He has served on and chaired the college’s Faculty Executive and Social Sciences Executive Committees.  He has also led a campus-wide master planning effort, and more recently led a large delegation of Colorado College faculty and staff on Mellon Foundation-funded fact-finding and benchmarking visits to Davidson, Carleton, and Grinnell Colleges.  For many years, he has directed the Economics and Business Department’s Perspectives on Business Program, a program of visiting faculty, executives-in-residence, symposia and special events designed to enhance business and economics education at Colorado College.