ASU Retirees Association (ASURA) Video History Project Interviews

Dr. Larry E. Penley was the dean of the W. P. Carey School of Business for 12 years. Dr. Penley came to ASU in 1985 and served for one year as the Chair of the Management Department within the College of Business. He was born in Virginia but grew up in eastern Tennessee. He received his bachelor’s degree in psychology from Lake Forest University and then went on to receive his PhD in management from the University of Georgia.

As mentioned, Dr. Penley came to ASU in 1985 as the Chair of the Management Department. He assumed the role of interim Dean for the College of Business when then Dean, John Kraft left ASU. In this interview he describes the College of Business as it developed a top ranked graduate program as well as a top ranked undergraduate program. He also touches on how the College would later become known as the W. P. Carey School of Business.

Born in Pittsburgh, PA and raised in a small town in Indiana (Seymour, IN), Harold Fearon received his BA in Management and his MBA from Indiana University where he became interested in teaching as a career. After his military service, he went to Michigan State University where he received his PhD in Management with a dissertation titled “Purchasing Research in American Business”. His specialty was industrial purchasing.

Harold was invited to come to ASU to be part of the College of Business by a former professor from IU who had moved to ASU. He talks about how he promised to only stay 2 years and has been here close to 30! During his time at ASU he was chair of the Department of Management in the College of Business. He became chair of the Department of Purchasing, Transportation and Operation which he founded to support the increase in interest in the purchasing field. After his retirement, he established a research institute (the first institute located at the ASU Research Park) that was nationally supported called The Center for Advanced Purchasing Studies (CAPS). He also was the founder and first editor of the “Journal of Purchasing and Materials Management” which is still in publication today. In his spare time, he was co-founder of the Rio Salado Bank, a community bank in Tempe, about which he relates many funny events!