Mr. Parker is the Dean Witter Distinguished Professor of Finance, Emeritus, formerly Senior Associate Dean for Academic Affairs, Director of the M.B.A. Program and Director of Executive Education at the Graduate School of Business, Stanford University. He formerly served on the board of directors of Colony Capital, Inc., Continental Airlines, Tejon Ranch Company and Threshold Pharmaceuticals, Inc. He also served as Chair for the board of directors of iShares Mutual Funds. B.A., 1960, Haverford College; M.B.A., Ph.D., 1967, Stanford University.