April 1996 € Volume 23 € Number 2


People



  • Robert Herman has been elected to the National Academy of Sciences of India as a Foreign Fellow. Herman, a long-time member of INFORMS and the recipient of many of the Institute's most prestigious awards including the von Neumann Theory Prize and the Lanchester Prize, is the L.P. Gilvin Centennial Professor Emeritus in the Department of Civil Engineering at the University of Texas-Austin.



  • William R. Fair, chairman of the board of directors and one of the founders of Fair, Isaac, died on Jan. 19. He was 73. Mr. Fair had been the president of the company from its incorporation in 1960 until his retirement in 1991. After that, he continued to serve as chairman and also acted as a consultant to the company on technical matters.

    Fair, Isaac President and CEO Larry Rosenberger said, "All of us associated with Fair, Isaac -- employees, stockholders and clients -- are deeply indebted to Bill Fair. The statistically based decision processes and automated processing technologies which he pioneered, along with his partner, the late Earl Isaac, have profoundly changed the U.S. consumer credit industry. His legacy of technical excellence and innovation, perseverance in the face of skepticism, and absolute integrity is the foundation of Fair, Isaac."

    Fair held degrees from the California Institute of Technology, Stanford University and the University of California at Berkeley. He was a member of INFORMS, the American Associations for Advancement of Science, Caltech Associates and the Society of California Pioneers.



  • P. George Benson, dean of Rutgers' Faculty of Management, has been appointed dean of the faculty of Management-Newark and the School of Business-New Brunswick. Before coming to Rutgers, Benson was the director of the Operations Management Center at the Carlson School of Management at the University of Minnesota.



  • Bruce Golden, professor of management science and statistics at the University of Maryland, and colleagues I. Ming Chao and Edward Wasil received the 1994 Thomas L. Saaty Prize (awarded in 1995) for their paper, "A New Heuristic for the Multi-Depot Vehicle Routing Problem that Improves Upon Best Known Solutions." The Saaty Prize is awarded annually for applied advances in the mathematical and management sciences, based on the best papers in the previous year's volume of the American Journal of Mathematical and Management Sciences.


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