David Yermack is the Albert Fingerhut Professor of Finance and Business
Transformation and Chairman of the Finance Department at New York University’s Stern
School of Business, where he has been a member of the faculty since 1994. He is also an
Adjunct Professor of Law at the NYU School of Law, Director of the NYU Pollack Center for
Law and Business, and a Research Associate of the National Bureau of Economic Research law
and economics program. In Fall 2014 he co-taught a full semester course at NYU on Bitcoin
and Cryptocurrencies, the first course of its type at a major research university.
In addition to his recent research on blockchains and digital currencies, Professor
Yermack has published some of the most cited papers in the fields of executive compensation
and corporate governance. He has also written papers on such diverse topics as options in
baseball player contracts, incentive compensation for clergymen, tobacco litigation, fraudulent
charitable contributions, CEOs’ mansions, and the fashion industry. Professor Yermack was
awarded AB (1995), MBA (1991), JD (1991), AM (1993) and PhD (1994) degrees, all from
Harvard University. He has been appointed as a visiting professor at 12 international
universities, a visiting scholar at the Federal Reserve Banks of New York and Philadelphia, and
has given invited research seminars at more than 100 universities and institutes worldwide.