Areas of Expertise (5)
Leadership and Culture
Exchange Rate Economics
Rich Lyons is a Professor of Economics and Finance at the Haas School of Business, where he served as dean from 2008 to 2018 and acting dean from 2004 to 2005. In January 2020, he became the first Chief Innovation and Entrepreneurship Officer for the University of California, Berkeley. In his new role, Lyons oversees development of the campus-wide ecosystem for innovation and entrepreneurship, including patenting and technology licensing.
As dean of the Haas School, Lyons led a sweeping culture initiative that drove the school's historic strengths more deeply into admissions and other critical processes with a set of four Defining Leadership Principles: Question the Status Quo, Confidence Without Attitude, Students Always, and Beyond Yourself. He oversaw the development of Connie & Kevin Chou Hall—a new academic building funded entirely by alumni and friends—as well as attracting eight of the 10 largest gifts in school history. Lyons forged stronger ties with other UC Berkeley colleges and departments with a focus on dual degree programs combining business with STEM fields, including the new Management, Entrepreneurship, and Technology program with Berkeley Engineering. In 2018, he was awarded with the Berkeley Citation, given to individuals whose contributions to UC Berkeley go beyond the call of duty and whose achievements exceed the standards of excellence in their fields. Lyons also received Berkeley’s highest teaching honor in 1998.
Lyons' research and teaching are mostly in international finance, though his more recent work explores how business leadership drives innovation and the importance of culture in shaping organizations. From 2006 to 2008, he took a leave from Berkeley to serve as Goldman Sachs' Chief Learning Officer, focusing on leadership development for managing directors. Prior to joining the faculty at UC Berkeley in 1993, he was an assistant professor at Columbia Business School. He received his BS in finance from Berkeley and PhD in economics from MIT.
MIT: PhD, Economics (International and Macro)
UC Berkeley: BS, Business (Finance Concentration)
Honors & Awards (10)
Highest campus honor for individuals whose contributions to UC Berkeley go beyond the call of duty
Sterling Schoen Award for Diversity Leadership from the Consortium
National Science Foundation grantee
1994-1997, 1997-2000, 2000-2003
National Science Foundation Graduate Fellowship
Earl F. Cheit Award for Excellence in Teaching, MFE Program
Earl F. Cheit Award for Excellence in Teaching, MBA Program
Earl F. Cheit Award for Excellence in Teaching, Evening MBA Program
Distinguished Teaching Award
UC Berkeley’s Highest Teaching Award
Highest Honors, UC Berkeley
Phi Beta Kappa
Selected External Service & Affiliations (7)
- Board: Matthews Asia Funds
- Board: Syntax Funds
- Board: Ashesi University Foundation, Ghana
- Research Associate: National Bureau of Economic Research (NBER)
- Member: Council on Foreign Relations
- Consultant: IMF, World Bank, Federal Reserve Bank, European Commission
- Advisory Board, Economic Policy Review (NY Fed.)
Positions Held (2)
At Haas since 1993
2018 - present, William & Janet Cronk Chair in Innovative Leadership, Haas School of Business
2008 – 2018, Bank of America Dean and Professor of Business, Haas School of Business
2009 – 2016, Kruttschnitt Family Chair in Financial Institutions
2006 – 2008, S. K. and Angela Chan Chair in Global Management
2006 – 2008, Chief Learning Officer, Goldman Sachs
2005 – 2008, Executive Associate Dean, Haas School of Business
2004 – 2005, Acting Dean, Haas School of Business
2004, Sylvan Coleman Professor of Finance
2004, Associate Dean for Academic Affairs
1993 – 2004, Professor (Associate/Assistant/Full), Haas School of Business
1987 – 1993, Professor (Associate/Assistant), Graduate School of Business, Columbia University
1987, Summer Intern, Board of Governors of the Federal Reserve System, Washington D.C.
1985, Research Assistant, Organization for Economic Cooperation and Development (OECD), Paris
1983 – 1984, Research Analyst, Financial Industries Division, SRI International (formerly Stanford Research Institute)
University of Toulouse, Toulouse, France
Stockholm University, Stockholm, Sweden
London School of Economics, London, UK
Foundation for Advanced Information and Research (FAIR), Tokyo, Japan
University of Aix-Marseille, Marseille, France
Media Appearances (10)
Chancellor’s Letter: The Year of Implementation
Chancellor Carol T. Christ said there is hard work to do this school year, but there are many things to celebrate, including Former Dean Rich Lyons' appointment as the campus’s first chief innovation and entrepreneurship officer. He's being tasked with building out UC Berkeley’s rich portfolio of innovation and entrepreneurship activities.
UC Berkeley appoints its first director of innovation and entrepreneurship
Former Haas Dean Rich Lyons was appointed by UC Berkeley as its director of Innovation and Entrepreneurship. Lyons will work with campus partners to develop and communicate Berkeley's broad portfolio of innovation and entrepreneurship activities.
UC Berkeley names its first-ever chief innovation and entrepreneurship officer
Venture Beat online
Prof. Rich Lyons, Former Berkeley Haas Dean and the William & Janet Cronk Chair in Innovative Leadership, has been named UC Berkeley's first-ever chief innovation and entrepreneurship officer. In this new role, Lyons will help develop UC Berkeley’s rich portfolio of innovation and entrepreneurship ventures.
Book Review: "Passion & Purpose: Stories from the Best and Brightest of Young Business Leaders" by John Coleman, Daniel Gulati, and W. Oliver Segovia
San Franciso Review of Books online
This collection of interviews from "the best and brightest business leaders" includes one with Dean Rich Lyons.
For U.S. business schools, leaders are hard to find
Wall Street Journal online
Dean Rich Lyons called his job as dean "the most fulfilling job I’ve ever had in my life."
Where culture really matters – Berkeley’s Haas School
Poets & Quants online
There is no doubt that Berkeley Haas stands alone among b-schools in consciously defining and shaping a strong culture. According to Poets & Quants, Dean Rich Lyons was instrumental in clarifying the defining principles and making them integral to everything that happens at the school.
Defying Disruption with Differentiation
We asked those questions of Rich Lyons, who has been in an ideal position to observe changes in the education market during the 11 years that he has served as dean of the Haas School of Business at the University of California, Berkeley. Lyons, who plans to step down later this year to return to the faculty at Haas, acknowledges that to stay relevant in the future, schools will need to take advantage of the innovations offered by the latest edtech.
Not Just Hollywood: How To Create A Gender-Inclusive Company
Rich Lyons writes that allegations of sexual harassment and assault against Harvey Weinstein — quietly discussed for years and finally made public by a group of courageous women — have broken open a critical conversation about gender inequity. We know this problem isn’t confined to Hollywood. We’ve seen headlines in tech and media. More widely, we may have the unsettling sense that unequal treatment is pervasive in our own companies and boardrooms.
Three Reasons Why Culture Efforts Fail
Company leaders often respond to potential disruption with a scramble to overhaul their business. A recent article in the Wall Street Journal argues that’s wrong.
Short-term and scattered measures don’t last, say Paul Leinwand of PwC and Cesare Mainardi of Northwestern’s Kellogg School of Management. “In these reactive responses the company leaders avoid the difficult work of developing a better strategy and making the fundamental changes that are needed to build real competitive advantage,” they write.
Highlighted by lively performances, Christ’s first New Student Convocation welcomes 9,500
Daily Californian online
Incoming freshman Shefali Das belted a rendition of the national anthem, while another student, Luis Maurer, sang a track from “Hamilton.” Chancellor Carol Christ conducted a performance by University of California Marching Band. And Haas School of Business Dean Richard Lyons strummed a guitar to the tune of “Bare Necessities” to the roars of audience members.
Selected Papers & Publications (7)
Richard K. Lyons and Jennifer Chatman
Richard K. Lyons with M. Evans
Richard K. Lyons
Richard K. Lyons with R. Portes
Richard K. Lyons
Richard K. Lyons with T. Ito and M. Melvin
Richard K. Lyons
Undergraduate & Executive MBA
Financial Market Microstructure