Clayton S. Rose
Baker Foundation Professor of Management Practice
Baker Foundation Professor of Management Practice
Clayton Rose is Baker Foundation Professor of Management Practice. He currently teaches the course Accountability in the Advanced Management Program. His research is focused on the how leaders can manage the challenges created by the intense, varied and often irreconcilable political and culture pressures buffeting organizations today. From 2015 until 2023 he served as president of Bowdoin College. Prior to Bowdoin, beginning in 2007, he was a member of the HBS faculty, teaching and writing on issues of leadership, ethics, the Global Financial Crisis, and the role of business in society. In addition, he chaired the Academic Performance Committee and the Conduct Review Board and served as the inaugural chair for MBA Community Standards. He received the Apgar Award for Innovation in Teaching and the Robert F Greenhill Award for service. He spent the first twenty years of his career in finance at J.P. Morgan, retiring as vice chair, where he led, built and fixed businesses in securities, derivatives and banking, including heading each of the global equities and global investment banking divisions. He was a member of the firm’s senior management. He earned his undergraduate degree and MBA from the University of Chicago. In 2003, he enrolled in the doctoral program in sociology at the University of Pennsylvania to study issues of race in America, earning his master’s degree in 2005 and his PhD with distinction in 2007. He has served on a number of corporate and philanthropic boards. Rose is currently a director of the Bank of America, where he chairs the Enterprise Risk Committee, he chairs the board of trustees of the Howard Hughes Medical Institute, the nation’s largest private funder of basic biomedical research with a $25 billion endowment, and he serves as a director of The Pew Charitable Trusts.
As Bowdoin’s president he focused on strengthening the intellectual mission of the College; vigorously championing “intellectual fearlessness”—the imperative of respectful engagement with ideas that challenge our own; significantly expanding the College’s work to create diversity, equity, and inclusion; increasing access and opportunity for students; addressing the student mental health challenge; reimagining and significantly expanding career exploration and development for students; and enhanced the College’s leadership in sustainability. He also strengthened Bowdoin’s financial condition, successfully leading its most ambitious fundraising campaign ever, saw record amounts raised in annual funds, and had one of the highest alumni participation rates in the country. His tenure saw construction of essential new facilities for teaching, learning, research, residential life, and athletics, as well as a new home for Bowdoin’s storied Peary-MacMillan Arctic Museum.
During his presidency, applications to Bowdoin increased by 62 percent. Applications from students of color increased by 60 percent, while those from first-generation students increased by 129 percent. First-year students receiving financial aid increased from 45 to 49 percent, with the College expanding its aid program by eliminating the summer work requirement for many students, increasing aid to middle-class families, and extending “need-blind” admission to international students, making it one of only seven colleges and universities in the nation that is need-blind in admissions, grant only/no loan in its financial aid, and meets the full calculated need of every student.
The THRIVE program was also established to address the needs of students entering Bowdoin from significantly under-resourced high schools, and Bowdoin launched an effort to actively recruit veterans and community college students for admission to the College.
Three new facilities—the Roux Center for the Environment, the Schiller Coastal Studies Center, and the John and Lile Gibbons Center for Arctic Studies—were conceived of and completed during his presidency. Along with the Bowdoin College Scientific Station established in 1936 on Kent Island in the Bay of Fundy, they positioned Bowdoin to significantly advance its work and leadership in the interdisciplinary and interconnected studies of the oceans, environment, climate, and the Arctic.
Rose led Bowdoin through the COVID-19 pandemic, during which the College successfully delivered on its two goals of protecting the health and safety of the campus and larger Brunswick communities and providing a strong Bowdoin education to its students, while also continuing its work on the priorities for the future. In addition, no employees were laid off or furloughed, salary and benefit cuts were restored well ahead of peer institutions, and budgets were balanced using existing operating reserves without the need for extraordinary steps.
In addition, Rose launched the first comprehensive review in decades of board governance, resulting in changes that strengthened the engagement of the board of trustees with the long-term issues facing the College. The diversity of the board—across race, gender, age, professional background, and sexual orientation, among other dimensions—was also significantly increased, as was the diversity of the College’s senior staff.
- Cases and Teaching Materials
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- Rose, Clayton S., and David Lane. "MELF and Business Culture in the Twin Cities (C)." Harvard Business School Supplement 315-080, March 2015. View Details
- Rose, Clayton S., and David Lane. "MELF and Business Culture in the Twin Cities (B)." Harvard Business School Supplement 315-079, March 2015. View Details
- Rose, Clayton S., and David Lane. "MELF and Business Culture in the Twin Cities (A)." Harvard Business School Case 315-078, March 2015. View Details
- Henderson, Rebecca, and Clayton Rose. "Investor 'Short-Termism': Really A Shackle?" Harvard Business School Technical Note 315-084, January 2015. View Details
- Rose, Clayton, Allison Ciechanover, and Kunal Modi. "San Francisco, 2015 #tech #inequality." Harvard Business School Case 315-076, January 2015. (Revised March 2015.) View Details
- Rose, Clayton S., and Aldo Sesia. "Note on Economic Inequality (2015)." Harvard Business School Background Note 315-050, January 2015. View Details
- Rose, Clayton S., and Rebecca Henderson. "Note on Comparative Capitalism." Harvard Business School Technical Note 315-077, January 2015. (Revised January 2018.) View Details
- Rose, Clayton, Jerome Lenhardt, and Daniela Beyersdorfer. "Teckentrup: A Door to Managing Difference." Harvard Business School Case 315-016, October 2014. View Details
- Rose, Clayton S., and Noah Fisher. "Following Lance Armstrong: Excellence Corrupted." Harvard Business School Teaching Plan 314-032, April 2014. View Details
- Rose, Clayton, and Noah Fisher. "Following Lance Armstrong: Excellence Corrupted." Harvard Business School Case 314-015, July 2013. (Revised October 2014.) View Details
- Rose, Clayton, and David Lane. "High Wire Act: Credit Suisse and Contingent Capital." Harvard Business School Teaching Plan 313-048, May 2013. View Details
- Rose, Clayton S., and Aldo Sesia. "Barclays and the LIBOR Scandal ." Harvard Business School Teaching Plan 313-108, April 2013. View Details
- Rose, Clayton S., and Aldo Sesia. "Barclays and the LIBOR Scandal." Harvard Business School Case 313-075, January 2013. (Revised October 2014.) View Details
- Rose, Clayton. "JP Morgan Chase & the CIO Losses." Harvard Business School Case 313-033, August 2012. (Revised September 2012.) View Details
- Healy, Paul, Clayton S. Rose, and Penelope Rossano. "Aubrey McClendon's Special Incentive Compensation at Chesapeake Energy (B)." Harvard Business School Supplement 113-093, January 2013. View Details
- Sucher, Sandra J., and Clayton S. Rose. "On Weldon's Watch: Recalls at Johnson & Johnson from 2009 to 2010 (TN)." Harvard Business School Teaching Note 613-064, November 2012. View Details
- Rose, Clayton S., and Aldo Sesia. "Transatlantic Holdings, Inc. - The Belle of the Ball." Harvard Business School Case 313-017, July 2012. View Details
- Coates, John, Clayton Rose, and David Lane. "Barclays Capital and the Sale of Del Monte Foods." Harvard Business School Case 313-036, July 2012. View Details
- Coates, John, Clayton Rose, and David Lane. "El Paso's Sale to Kinder Morgan." Harvard Business School Case 313-021, July 2012. View Details
- Rose, Clayton. "How Much? (C)." Harvard Business School Supplement 313-006, July 2012. View Details
- Rose, Clayton. "How Much? (B)." Harvard Business School Supplement 313-005, July 2012. View Details
- Rose, Clayton. "How Much? (A)." Harvard Business School Case 313-004, July 2012. (Revised July 2012.) View Details
- Rose, Clayton. "Show Me the Money (B) ." Harvard Business School Supplement 313-003, July 2012. View Details
- Rose, Clayton. "Show Me the Money (A)." Harvard Business School Case 313-002, July 2012. View Details
- Rose, Clayton. "Shut It Down?" Harvard Business School Case 313-001, July 2012. View Details
- Rose, Clayton, and Aldo Sesia. "Friend Bank: The Time for Hope (Abridged)." Harvard Business School Case 313-010, July 2012. (Revised August 2012.) View Details
- Rose, Clayton S., Pamela Chan, and Raghav Chopra. "MF Global: Where's the Money?" Harvard Business School Case 312-106, June 2012. (Revised August 2012.) View Details
- Rose, Clayton, Yasmin Dahya, and Jenevieve Lee. "MF Global: Changing Stripes." Harvard Business School Case 312-105, June 2012. (Revised August 2012.) View Details
- Healy, Paul, Clayton S. Rose, and Aldo Sesia. "Aubrey McClendon's Special Incentive Compensation at Chesapeake Energy (A)." Harvard Business School Case 110-047, January 2010. (Revised April 2013.) View Details
- Rose, Clayton S., Daniel Baird Bergstresser, and David Lane. "The Tip of the Iceberg: JP Morgan Chase and Bear Stearns (A)." Harvard Business School Case 309-001, January 2009. (Revised November 2011.) View Details
- Rose, Clayton S., and Aman Malik. "Perella Weinberg Partners: New Firm, Old Values." Harvard Business School Case 312-013, September 2011. (Revised September 2011.) View Details
- Rose, Clayton S., and Anand Ahuja. "Before the Fall: Lehman Brothers 2008." Harvard Business School Case 309-093, April 2009. (Revised September 2011.) View Details
- Rose, Clayton, and Aldo Sesia. "What Happened at Citigroup? (B)." Harvard Business School Supplement 312-038, August 2011. (Revised August 2011.) View Details
- Rose, Clayton, and Sally Canter Ganzfried. "Before the Fall: Lehman Brothers 2008 (TN)." Harvard Business School Teaching Note 312-044, August 2011. View Details
- Rose, Clayton, and Sally Canter Ganzfried. "Going to the Oracle: Goldman Sachs, September 2008 (TN)." Harvard Business School Teaching Note 312-045, August 2011. View Details
- Rose, Clayton, and Sally Canter Ganzfried. "Post-Crisis Compensation at Credit Suisse (TN) (A), (B), and (C)." Harvard Business School Teaching Note 312-046, August 2011. View Details
- Rose, Clayton, and Sally Canter Ganzfried. "What Happened at Citigroup? (TN) (A) and (B)." Harvard Business School Teaching Note 312-047, August 2011. View Details
- Rose, Clayton, and Sally Canter Ganzfried. "Friend Bank: The Time for Hope (TN)." Harvard Business School Teaching Note 312-049, August 2011. View Details
- Rose, Clayton, and Sally Canter Ganzfried. "Lessons Learned? Brooksley Born & the OTC Derivatives Market (TN) (A) and (B)." Harvard Business School Teaching Note 312-051, August 2011. View Details
- Rose, Clayton S., and Aldo Sesia. "High Wire Act: Credit Suisse and Contingent Capital (A)." Harvard Business School Case 312-007, August 2011. (Revised October 2014.) View Details
- Rose, Clayton S., and Aldo Sesia. "High Wire Act: Credit Suisse and Contingent Capital (B)." Harvard Business School Supplement 312-008, August 2011. (Revised October 2014.) View Details
- Rose, Clayton S., and Aldo Sesia. "What Happened at Citigroup? (A)." Harvard Business School Case 310-004, July 2009. (Revised August 2011.) View Details
- Rose, Clayton S., Scott Waggoner, and Sally Canter Ganzfried. "Note on Capital in the U.S. Financial Industry." Harvard Business School Technical Note 310-005, July 2009. (Revised July 2011.) View Details
- Rose, Clayton S. "ISS A/S (A)." Harvard Business School Case 308-054, November 2007. (Revised June 2011.) View Details
- Rose, Clayton S., and David Lane. "Going to the Oracle: Goldman Sachs, September 2008." Harvard Business School Case 309-069, May 2009. (Revised June 2011.) View Details
- Rose, Clayton S., and Aldo Sesia. "Note on Lobbying and the Dodd-Frank Financial Reforms." Harvard Business School Technical Note 311-094, March 2011. (Revised June 2011.) View Details
- Rose, Clayton S., and Justine Kelly Lelchuk. "Exit Strategy (A)." Harvard Business School Case 311-075, January 2011. View Details
- Rose, Clayton S., and Justine Kelly Lelchuk. "Exit Strategy (B)." Harvard Business School Supplement 311-076, January 2011. View Details
- Rose, Clayton S., and Justine Kelly Lelchuk. "Exit Strategy (C)." Harvard Business School Supplement 311-077, January 2011. View Details
- Rose, Clayton S. "ISS A/S (D): Goldman's 2011 Business Standards Report." Harvard Business School Supplement 311-090, January 2011. View Details
- Rose, Clayton S., and Aldo Sesia. "Post-Crisis Compensation at Credit Suisse (A)." Harvard Business School Case 311-005, July 2010. (Revised December 2010.) View Details
- Mikes, Anette, Clayton S. Rose, and Aldo Sesia. "J.P. Morgan Private Bank: Risk Management during the Financial Crisis 2008-2009." Harvard Business School Case 311-003, September 2010. (Revised November 2010.) View Details
- Rose, Clayton S., and David Lane. "Investment Technology Group." Harvard Business School Case 310-064, May 2010. (Revised November 2010.) View Details
- Rose, Clayton S., and David Lane. "Lessons Learned? Brooksley Born & the OTC Derivatives Market (A)." Harvard Business School Case 311-044, November 2010. View Details
- Rose, Clayton S., and David Lane. "Lessons Learned? Brooksley Born & the OTC Derivatives Market (B)." Harvard Business School Supplement 311-070, November 2010. View Details
- Rose, Clayton S., Sandra J. Sucher, Rachel Gordon, and Matthew Preble. "On Weldon's Watch: Recalls at Johnson & Johnson from 2009 to 2010." Harvard Business School Case 311-029, October 2010. (Revised August 2016.) View Details
- Rose, Clayton S., and Scott Waggoner. "Note on the Banking Industry." Harvard Business School Technical Note 311-011, July 2010. View Details
- Rose, Clayton S., and Scott Waggoner. "Note on the Asset Management Industry." Harvard Business School Technical Note 311-013, July 2010. View Details
- Rose, Clayton S., and Scott Waggoner. "Note on the Insurance Industry." Harvard Business School Technical Note 311-012, July 2010. View Details
- Rose, Clayton S., and Aldo Sesia. "Post-Crisis Compensation at Credit Suisse (B)." Harvard Business School Supplement 311-006, July 2010. View Details
- Rose, Clayton S., and Aldo Sesia. "Post-Crisis Compensation at Credit Suisse (C)." Harvard Business School Supplement 311-007, July 2010. View Details
- Rose, Clayton S., and Aldo Sesia. "Friend Bank: The Time for Hope." Harvard Business School Case 310-070, May 2010. (Revised September 2013.) View Details
- Taliaferro, Ryan D., and Clayton S. Rose. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (TN) (A) (B) & (C)." Harvard Business School Teaching Note 210-060, February 2010. View Details
- Taliaferro, Ryan D., Clayton S. Rose, and David Lane. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (A)." Harvard Business School Case 210-016, October 2009. (Revised February 2010.) View Details
- Taliaferro, Ryan D., Clayton S. Rose, and David Lane. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (B)." Harvard Business School Supplement 210-025, October 2009. (Revised February 2010.) View Details
- Taliaferro, Ryan D., Clayton S. Rose, and David Lane. "Merger of Equals: The Integration of Mellon Financial and The Bank of New York (C)." Harvard Business School Supplement 210-028, October 2009. View Details
- Rose, Clayton S. "ISS A/S (C)." Harvard Business School Supplement 308-056, November 2007. (Revised June 2009.) View Details
- Rose, Clayton S., Daniel Baird Bergstresser, and David Lane. "The Tip of the Iceberg: JPMorgan Chase and Bear Stearns (TN) (A), (B1), and (B2)." Harvard Business School Teaching Note 309-072, January 2009. (Revised March 2009.) View Details
- Rose, Clayton S., Daniel Baird Bergstresser, and David Lane. "The Tip of the Iceberg: JP Morgan Chase and Bear Stearns (B2)." Harvard Business School Supplement 309-091, January 2009. View Details
- Rose, Clayton S., Daniel Baird Bergstresser, and David Lane. "The Tip of the Iceberg: JP Morgan Chase and Bear Stearns (B1)." Harvard Business School Supplement 309-070, January 2009. View Details
- Rose, Clayton S. "ISS A/S (B)." Harvard Business School Supplement 308-055, November 2007. (Revised August 2008.) View Details
- Kanter, Rosabeth Moss, and Ai-Ling Jamila Malone. "Still Leading (B10): Louis Gossett Jr.— A New Role Erasing Racism." Harvard Business School Case 318-053, October 2017. View Details
- Other Publications and Materials
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- Lorsch, Jay W., Joseph L. Bower, Clayton S. Rose, and Suraj Srinivasan. "Perspectives from the Boardroom—2009." Harvard Business School Working Knowledge (September 9, 2009). View Details
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