Concise Encyclopedia of Tufts History
Max and Herta Neubauer Chair and Professorship in Economics, 1988
The Max and Herta Neubauer Chair and Professorship in Economics was endowed in 1988 by Joseph Neubauer, E1963. It was the first endowed chair established in theDepartment of Economics.
In 1988, Joseph Neubauer, and his wife Antonia Brody Neubauer, J1965, donated one million dollars to Tufts in order to endow a professorship in the Department of Economics. Neubauer, who had emigrated from Israel at age fourteen, had been quite successful after his graduation from Tufts. He served as the youngest vice president ever at Chase Manhattan Bank, moved on to become the treasurer of PepsiCo, and then was promoted to vice president and treasurer of PepsiCo. After PepsiCo, Neubauer was named president, chairman, and CEO of ARA Services, Inc., a Philadelphia-based international diversified service corporation.
Neubauer endowed the professorship so that Tufts students would have a greater understanding of international economics and the world marketplace. He named the endowed chair after his parents, Max and Herta Neubauer.
In 1995, Professor Yannis M. Ioannides became the first professor to hold the Max and Herta Neubauer Chair and Professorship in Economics. He continues in the position as of 2000.