Campus & Community

Stevens Presents Dr. William Rouse with Humphreys Chair Medal

During a day-long launch event Dec. 11, 2012, Stevens celebrated the establishment of the Center for Complex Systems & Enterprises with a series of lectures and discussions in the Babbio Center. A highlight of the day was a celebration of Dr. William Rouse's installation as new Alexander Crombie Humphreys Chair in Economics of Engineering.

The Humphreys Chair Medal celebration began with a welcome and introduction from Stevens Provost George Korfiatis. Rouse, who was installed in the chair in August 2012, followed by delivering the Alexander Crombie Humphreys Chair Lecture.

The lecture touched upon recent economic history; human decision making behavior; issues of global sustainability; work processes that enable companies to transform product lines, markets, and operations; and the importance of performing complex, leading-edge research in these areas, among other topics.

Stevens President Nariman Farvardin then concluded the celebration by formally presenting a specially made Chair Medal to Rouse.

Before joining Stevens, Rouse previously served as Executive Director of the Tennenbaum Institute at the Georgia Institute of Technology; as CEO of several innovative software firms; and in faculty positions at the University of Illinois, Delft University of Technology, and Tufts University. He received his B.S. from the University of Rhode Island and master's and doctoral degrees from the Massachusetts Institute of Technology.

The Humphreys Chair is named for Alexander Crombie Humphreys (Stevens Class of 1881), who served as President from 1902 until 1927 and is considered the founder of the field of engineering economics.

Other lecturers at the full CCSE launch event included Dr. Khaldoun Khashanah, director of Stevens' Financial Engineering program; Dr. Ruth David, President and CEO of Analytic Services, Inc. (ANSER); and Dr. John Casti, director of The X-Center in Vienna, Austria.

"We are hopeful that this launch is the beginning of a journey that will result in significant insights regarding complex socio-technical systems," said Dinesh Verma, Dean of the Schools of Systems & Enterprises, of the launch event.

For more about the Center for Complex Systems & Enterprises, visit