NYU Stern
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William T. Allen, Founding Director

William T. Allen serves as the Nusbaum Professor of Law and Business and the Director of the NYU Pollack Center for Law & Business, a joint undertaking of the Stern School and the NYU School of Law. Professor Allen teaches and writes in corporation law, corporate governance and the legal foundations of finance.

Prior to his academic service, Professor Allen served from 1985 to July 1997 as Chancellor of the Court of Chancery of the State of Delaware.  While serving as Chancellor, he taught corporation law and corporate governance as a Visiting Professor at Stanford Law School (1990 & 1994) and the University of Pennsylvania Law School (1992-93 & 1995). In 1996 he served as Rabin Lecturer at Yale Law School. He has written and lectured widely on corporate law and corporate governance.

Professor Allen serves as counsel to the New York law firm of Wachtell, Lipton, Rosen & Katz. From 1997 to 2001, he served as founding Chair of the Independence Standards Board, a private sector organization designated in 1997 by the Securities and Exchange Commission with the task of promulgating standards for the determination of auditor independence.

Professor Allen is a fellow of the American Academy of Arts and Sciences and a member of the American Law Institute.

Stephen Choi, Director

Stephen Choi joined the NYU faculty in 2005. He taught as an assistant professor at the University of Chicago Law School from 1996 to 1998. From 1998 to 2005, Choi taught at the UC Berkeley Law School where he was the Roger J. Traynor Professor of Law. While in law school, Choi served as a legal methods instructor and supervising editor of the Harvard Law Review. He graduated first in his class from Harvard Law School in 1994 and received his Ph.D. in economics in 1997. Choi has been a recipient of the Fay Diploma, Sears Prize and Irving Oberman Memorial Award. He also held John M. Olin, Jacob K. Javits and Fulbright Fellowships.

Following graduation, Choi worked as an associate at McKinsey & Company in New York. His research interests focus on the theoretical and empirical analysis of corporations and capital markets. He has published in the Yale Law Journal, Stanford Law Review, University of Chicago Law Review, Michigan Law Review, Southern California Law Review, Duke Law Journal, University of Pennsylvania Law Review and Virginia Law Review, among others, and has presented papers at numerous conferences and symposia.

David Yermack, Director

David Yermack joined the NYU Stern School finance department in 1994. He is currently the Albert Fingerhut Professor of Finance and Business Transformation at Stern and since 1995 has been an adjunct faculty member at the law school. He graduated with a joint JD-MBA degree from Harvard Law and Business Schools in 1991 and received his PhD in Business Economics from Harvard in 1994. At Harvard Business School he was a Baker Scholar, and he had industry experience in journalism and management consulting before beginning his academic career.

Professor Yermack publishes regularly in top academic journals in the fields of executive compensation, corporate finance, and corporate governance. He is a Research Associate of the National Bureau of Economic Research's law and economics program. He has been a Visiting Scholar at the Federal Reserve Banks of New York and Philadelphia and is on the editorial boards of five leading finance journals. He has been a visiting professor at 13 international universities and given invited research seminars at more than 100 universities and institutes worldwide

Harold Jennings, Assistant Director

(212) 998-0565

Harold Jennings brings more than seven years of administrative experience working at the NYU Stern School of Business.  At NYU he has served as Program Coordinator for the Pollack Center for Law & Business and as an Administrative Aide in the Department of Finance.  Mr. Jennings holds a Bachelor of Science in Biology from the University of North Carolina, Chapel Hill and an AAS in Dental Hygiene from New York University.