Campus & Community

Dr. Gregory Prastacos Appointed Dean of the Howe School of Technology Management at Stevens Institute of Technology

Hoboken, N.J. – Dr. Gregory Prastacos, Rector and Professor of Management Science at the Athens University of Economics and Business (AUEB), has been appointed Dean of the Wesley J. Howe School of Technology Management at Stevens Institute of Technology. The appointment is effective February 15, 2012.

“As the market demand for professionals with technology skills increases, Dr. Prastacos brings international experience to strengthen Stevens’ pivotal role as a technology-centric, global business leader at the epicenter of the corporate world. His background in strategic leadership, teaching and research, combined with his deep understanding of the importance of technology and his enthusiasm, vision and drive for excellence make him the ideal candidate to raise the profile and increase the footprint of the Howe School,” said Dr. Nariman Farvardin, President of Stevens. 

As a professor and administrator at AUEB for more than 30 years, Prastacos was a powerful agent of change, advocating for academic excellence and continuously launching innovative and impactful curricula and research programs. As rector, he led a major international expansion, significantly enriched the university’s academic programs, improved the finances of the university, and initiated new corporate social responsibility activities. His other major accomplishments included the founding of AUEB’s MBA International Program, which is internationally ranked among the top MBA programs worldwide, and the founding of AUEB’s Management Sciences Laboratory, which is considered a leading European research center.

“Dr. Prastacos is an experienced and dynamic thought leader who is committed to strengthening the Howe School’s leadership position at the intersection of business, management and technology,” said Dr. George Korfiatis, Provost and University Vice President at Stevens. “With a wealth of university executive leadership experience as well as countless scholarly contributions to the field of management, he has demonstrated – in research and in practice – tremendous ability to nurture and build institutions.”

Prior to joining AUEB, Prastacos taught at Columbia University and the Wharton School. He has also held visiting appointments at numerous international universities and business schools. He is an internationally recognized scholar in the field of operations research, making seminal contributions in operations management and supply chain management, as well as significant contributions in finance, business strategy, human resources management, innovation and organizational change in the information economy.

Prastacos has received many distinctions and awards for his contributions to the field of management including: The First World Prize in the Practice of Management Science (Edelman Award), awarded by the Institute for Management Sciences for significant contributions in inventory management and logistics and their applications to health care delivery systems; the Honorary Medal for significant achievements in Operations Research by the Institute for Management Sciences and Operations Research; and election as a Fellow of the Washington Academy of Sciences for significant contributions in Operations Research and Applications in Health Care Management. A frequent keynote speaker at major conferences, he has also led more than 25 major research projects, published eight books and contributed more than 60 papers in international academic journals and edited volumes.

Prastacos has also served as an advisor to government organizations and a consultant to private industry. He launched the OMAS SA management consulting company, which became a market leader in decision support systems, business intelligence systems, data warehousing and customer relationship management. The company later merged with Deloitte & Touche Consulting, where Prastacos served as Chairman of the Board until 2002.

“Business education is at a crossroads where business leaders are expected to personally possess broad knowledge across business and technology. The Howe School is well positioned – in terms of its curriculum and programs, its history, its industry links, and its location minutes from New York City, offering countless opportunities and partnerships – to capitalize on this direction. I am thrilled to be joining Stevens Institute of Technology and look forward to continuing to recruit, prepare and inspire the next generation of business leaders,” said Prastacos.

About Stevens Institute of Technology

Founded in 1870, Stevens Institute of Technology, The Innovation University™, lives at the intersection of industry, academics and research.  The University's students, faculty and partners leverage their collective real-world experience and culture of innovation, research and entrepreneurship to confront global challenges in engineering, science, systems and technology management.

Based in Hoboken, N.J. and with a location in Washington, D.C., Stevens offers baccalaureate, master’s, certificates and doctoral degrees in engineering, the sciences and management, in addition to baccalaureate degrees in business and liberal arts.  Stevens has been recognized by both the US Department of Defense and the Department of Homeland Security as a National Center of Excellence in the areas of systems engineering and port security research. The University has a total enrollment of more than 2,350 undergraduate and 3,600 graduate students with almost 450 faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America as well as strategic partnerships with industry leaders, governments and other universities around the world.  Additional information may be obtained at and