T'77

Curt Welling

Senior Fellow, Tuck Center for Business, Government & Society

Because of my Tuck education, I understood capital asset pricing, volatility, option valuation theory, and thanks to [professor] Brian Quinn, I also had the strategy perspective so I could think broadly about the business.

Curt Welling traded Hanover for a job on Wall Street with First Boston (now Credit Suisse) and within three years was leading the mortgage finance division, something he helped pioneer. “Because of my Tuck education, I understood capital asset pricing, volatility, option valuation theory,” he said, “and thanks to [professor] Brian Quinn I also had the strategy perspective, so I could think broadly about the business.”

Welling always had his long-term sights set on work in the nonprofit sector, and after 9/11 he decided to leave finance and search for the right organization to lead. He found it in AmeriCares, a disaster relief and global health provider that was looking for a CEO to replace the organization’s founder. He spent 11 years there, growing the staff to 250, annual revenue to $30 million, and giving out $9 billion in pharmaceuticals to countries in need. After AmeriCares, Welling still had more to do. He became interested in what happens at the intersection of government, business, society, and markets. He had worked with the Allwin Initiative at Tuck (now the Center for Business & Society), so he inquired about other opportunities at his alma mater. Today, he’s a senior fellow in the Center for Business, Government & Society, and teaches a course on the evolving “social contract.”

“Thinking about how to create and govern institutions to make them more effective, and strategies for bringing more capital to the table through impact investing or social entrepreneurship—Tuck has a great opportunity to bring disciplined analytical perspectives to students on these important concepts,” Welling said.

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