The Mellen Chair was established in September 1984, with the commitment of a gift from the Mellen Foundation.
The Foundation, established in honor of Edward J. and Louise E. Mellen, lifelong residents of Greater Cleveland who shared a commitment to Cleveland, the community, and its institutions.
Mr. and Ms. Mellen believed that their resources came from the community and therefore should return to the community to support its institutions, particularly those related to education and health care.
Funds from this endowment support and make possible various ventures including:
About: The Edward J. and Louise E. Mellen Chair in Finance
The chair challenges and encourages the faculty of the Boler College to achieve new levels of excellence in teaching, research, and service so that the school remains in the forefront of business education. The service component is oriented towards the establishment and enhancement of academic-business relationships and cooperation.
The Mellen Chair in Finance is held by an individual who has a recognized national reputation in research and teaching, and the demonstrated ability and experience to work effectively with business and professional leaders as well as faculty colleagues. Previous holders of the chair have been Dr. Michael G. Ferri, Dr. aj Aggarwal, and Dr. LeRoy Brooks. The current chair holder is Dr. William B. Elliott.