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Proctor named to new Reeves Family Professorship in Finance

Thursday, January 25, 2007

Reeves Family Professorship in Finance filled by longtime campus leader 

proctorjeSPARTANBURG, S.C. – Wofford College has announced a new endowed professorship created by the Reeves Foundation of Summit, N.J., to expand the faculty in business and to attract, reward and retain faculty known for excellence for their teaching and for leadership and creativity in developing programs in their field of study.

President Benjamin B. Dunlap and Dr. Dan B. Maultsby, dean of the college, have appointed Dr. James Edwin Proctor to the Reeves Family Professorship in Finance.

Proctor is chair of the department of accounting, business and finance, and he is secretary of the Wofford faculty.  A 1967 graduate of Wofford, Proctor holds the MBA from the University of South Carolina and the Ph.D. from Clemson University, where he studied finance, operations research, economics and quantitative methods in management.  He has been a leader of the faculty for more than 25 years, the past three as founding director of Wofford’s Success Initiative, a unique, scholarship-supported, extracurricular program to develop practical skills of creativity, organization and leadership linked to success in business and other pursuits.

Maultsby noted that Proctor was the first chair of the business department to which he now returns from his work in the Success Initiative.  “The faculty’s high regard for Jim Proctor was expressed in 2004 when Wofford colleagues elected him as a member of Phi Beta Kappa, a nationally recognized mark of excellence for contribution to scholarship and intellectual development,” Maultsby says.  “Wofford is delighted now to recognize Dr. Proctor for his accomplishments and contributions to the college.”

The Reeves Family Professorship was created by a gift directed to the college by Wofford trustee J.E. Reeves Jr., president and treasurer of the Reeves Foundation.  The $1 million gift created a $3 million challenge for professorships for outstanding faculty.  Previous gifts from the Reeves family, long-time partners in the mission of the college, include the Reeves Tennis Center and the Reeves Family Endowed Scholarship Fund, which provides support for five students annually at Wofford.

“The professorship in finance and the challenge to create two more such positions at Wofford are evidence of the Reeves’ continuing vision, generosity and leadership for liberal education at Wofford College,” Maultsby notes.  “We are grateful to Mr. Reeves, the Reeves family and the foundation for creating this opportunity for Wofford and for Dr. Proctor.”