Gregory P. Prastacos has served as the dean of the School of Business at Stevens since February 2012. Under his leadership, the school has evolved from a narrowly focused school of technology management to an AACSB-accredited business school within a leading technology university.
Dr. Prastacos helped develop a five-year strategic plan to guide the growth of the School of Business. Since the plan was written in 2012, enrollment has significantly increased, new undergraduate majors and graduate degree programs have launched, research output has improved, and new faculty have been hired in key business disciplines.
Before joining Stevens, Dr. Prastacos was professor and rector at the Athens University of Economics and Business, in Greece. During his more than 30 years at AUEB, 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. Among his major accomplishments:
- The launch of AUEB’s MBA International Program, ranked among the top MBA programs worldwide.
- Creating AUEB’s Management Sciences Laboratory, considered a leading European research center.
- The founding of the Athens Business Confucius Institute, which is a major cultural link with China.
- The development of AUEB’s International Entrepreneurship Chair, which is one of only 60 chairs sponsored by the Indian government internationally to promote relations with India.
Dr. Prastacos also has taught at Columbia University, where he earned his doctoral degree, and the Wharton School of the University of Pennsylvania.
He is an internationally recognized scholar in the field of operations research, and 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.
- The Honorary Medal for significant achievements in operations research by the Institute for Operations Research and the Management Sciences.
- Election as a fellow of the Washington Academy of Sciences, for significant contributions in operations research and applications in health care management.
He has led more than 25 major research projects, published eight books, and contributed more than 60 papers in international academic journals and edited volumes.
Dr. Prastacos has also served as an adviser 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 Dr. Prastacos served as chairman of the board until 2002.