INNOVATIVE MICHIGAN EDUCATOR EDWARD A. SNYDER TO BECOME DEAN OF U.VA'S
DARDEN BUSINESS SCHOOL

	CHARLOTTESVILLE, Va., Nov. 18 -- After an international
search, the University of Virginia has chosen an innovative scholar
and educator as dean of the Darden Graduate School of Business
Administration, President John T. Casteen III announced today.
	Edward A. Snyder, 44, senior associate dean at the University
of Michigan Business School in Ann Arbor, Mich., will join the Darden
School full time as of July 1.
	At Michigan, he directs several high-profile educational
programs, including Michigan's highly-ranked graduate and
undergraduate programs in business administration. Snyder has forged
global corporate partnerships and international academic programs,
while maintaining an active career as a teacher and scholar.
	"Ted Snyder's widely respected scholarship and proven
capabilities as an administrator make him an ideal choice to lead the
Darden School into the 21st century," Casteen said.
	Along with a solid academic record in business economics and
public policy, Snyder brings strengths in developing international
corporate partnerships, designing executive education programs for
managers from emerging countries, and enhancing opportunities for
students to tackle real business problems, according to Robert S.
Harris, the chairman of the search committee and Darden's C. Stewart
Sheppard Professor of Business Administration.
	As the new dean, Snyder succeeds Leo I. Higdon Jr. and C. Ray
Smith, both strong administrators who helped build Darden's reputation
as a leader in international business education. Business Week ranked Darden
ranked fifth overall in its most recent evaluation of business schools.
	The dean must be able to share a compelling vision of Darden's
mission with a wide array of constituencies -- students, faculty,
alumni, and global businesses -- in a business world that is
continually changing and growing ever more competitive.
	"Darden's search committee interviewed strong, highly
qualified candidates from both business and academic institutions,"
Harris said. "Ted brings an outstanding record of accomplishment to
Darden. His style, views on business education and high aspirations
make for an especially good fit."
	Higdon resigned as dean of Darden to assume the presidency of
Boston-based Babson College. C. Ray Smith, the Tipton R. Snavely
Professor of Business Administration and associate dean for executive
education, has served as interim dean since last July.
	At Michigan, Snyder has worked to develop its faculty,
strengthen the school's professional degree programs, and increase the
scope of its international programs with corporate partners. He is
responsible for student services, including admissions and career
development, for faculty recruiting, development and promotions, and
for fund-raising. He has been an active consultant to government and
business.
	On the Michigan faculty since 1982, Snyder teaches business
economics and public policy, focusing his research on three key areas
-- corporate governance of financial institutions, industrial
organization and marketing, and antitrust enforcement. Snyder was a
founder and the first director of Michigan's William Davidson
Institute, an independent organization that studies business and
policy issues faced by emerging markets and economies in transition.
He developed corporate ties in China, Central Europe, India, Russia,
and Southern Africa, and raised funds for the institute's academic and
research programs.
	Snyder's research has been widely published in professional
journals, such as the Journal of Law & Economics, the Journal of Applied
Corporate Finance, the Georgetown Law Journal, and Contemporary Policy Issues.
He also has contributed articles to the Wall Street Journal and to the
Budapest Business Journal. Topics include the privatization of the banking
industry in Central Europe and Russia, crisis resolution in the U.S. thrift
industry, and the effect of higher criminal penalties on antitrust enforcement.
	Snyder has secured numerous research grants and fellowships,
including a grant from British Telecom to the University of Michigan
Business School for new programs and technology to aid in business
education, and a grant from the U.S. Department of Treasury to the
Davidson Institute to study bank privatizations in emerging markets. 
	Snyder earned a bachelor's degree from Colby College in 1975
and master's and doctoral degrees from the University of Chicago. He
is married to Kimberly M. Snyder. The couple has three children,
Alison, 9, Jeffrey, 7, and Kevin, 3.
                                 ###
                                                     November 18, 1997
	
	For more information, call Robert S. Harris at (804) 924-4823
or C. Ray Smith at (804) 924-4799.  Edward Snyder can be reached in
Michigan at (313) 763-5484. For further assistance, call Elaine
Ruggieri at the Darden School at (804) 924-3220, or Charlotte Crystal
at U.Va. news services at (804) 924-6858.  Television reporters should
contact our TV News Office at (804) 924-7550.  Information also will
be available on the University's news website at
http:/www.virginia.edu/topnews/.