Robert B. Stobaugh

Charles Edward Wilson Professor of Business Administration, Emeritus

Professor Stobaugh has written extensively on corporate governance, which includes the activities of a company's board of directors and its top officers as well as parent-subsidiary relationships. He also consults and provides expert testimony. A federal judge referred to him as " of the nation's foremost experts in corporate governance."

A faculty member at Harvard Business School for 29 years, he taught in the executive, MBA, and doctoral programs and served as chairman of the doctoral programs. His teaching dealt with problems faced by corporate directors and executives. He has received the School's highest honor--its Distinguished Service Award.

He now is on the faculty of Rice University, where he teaches a course on corporate governance to managers. He also is a director of the National Association of Corporate Directors (NACD), a non-profit organization that helps directors improve the functioning of their boards. He has served on five NACD Blue Ribbon Commissions, which produce reports on best practices: Director Professionalism (member), Director Compensation (chair), Corporate Strategy (co-chair), and Risk Oversight (vice-chair), and Executive Compensation (vice-chair). As a member of the NACD Faculty, he teaches seminars for directors.

Stobaugh has served as a director of eleven different companies in a variety of industries--software, consulting, radio, cable television, retailing, high-technology materials, construction, plastics, chemicals, oil and gas, coal, housewares, and writing instruments. The companies have ranged in size from a start-up company to a $14-billion firm. He has served more than 100 cumulative years as a board member. He also chaired the Advisory Board of a large European firm that operated in several industries, including pharmaceuticals and financial.

In his extensive experience in Washington, he has met with a President of the United States and has worked with a Presidential Task Force and a Presidential Advisory Committee. Stobaugh has consulted with the Departments of Commerce, Energy, Justice, State, and Treasury. He has testified nineteen times before Congressional committees, including testimony on governance of the Internal Revenue Service.

He is a member of the Council on Foreign Relations and a Fellow and past-president of the Academy of International Business. He is listed in Who’s Who in America and is a member of the Hall of Distinction of Louisiana State University.

He has authored, co-authored, or edited eighteen books and monographs. His publications have been reported on the front page of the Wall Street Journal and The New York Times.

Prior to joining Harvard, Professor Stobaugh worked as a manager for three companies that operated worldwide--Exxon, Caltex, and Monsanto. He resided in Louisiana, Venezuela, New York, Bahrain, London, and Texas.

Professor Stobaugh received a B.S. from Louisiana State University and a Doctor of Business Administration from the Harvard Business School. (5/04)


  1. Energy Future: Report of the Energy Project at the Harvard Business School

    Robert B. Stobaugh and Daniel Yergin

    Keywords: Energy; Projects; Forecasting and Prediction; Energy Industry;


    Stobaugh, Robert B. and Daniel Yergin, eds. Energy Future: Report of the Energy Project at the Harvard Business School. New York: Random House, 1979. (1980, Ballantine Books; 1983, Vintage Books; also published in French, German, Japanese, Korean, Spanish; Bestseller list of NYT, Time Magazine, Publishers Weekly; for a report on this book, see front page NYT, July 12, 1979.) View Details
  2. How to Use International Capital Markets: A Guide to Europe and the Middle East

    Sidney M. Robbins, Robert B. Stobaugh, William Gregor and John C. Kirby

    Keywords: Globalized Markets and Industries; Capital Markets; Europe; Middle East;


    Robbins, Sidney M., Robert B. Stobaugh, William Gregor, and John C. Kirby. How to Use International Capital Markets: A Guide to Europe and the Middle East. New York: Financial Executives Research Foundation, 1976. View Details

Journal Articles

  1. Information Technology Security: A Challenge for Directors

    Robert B. Stobaugh, Rosina B. Dixon, Thomas R. Horton and Roger W. Raber

    Keywords: Information Technology; Problems and Challenges; Management;


    Stobaugh, Robert B., Rosina B. Dixon, Thomas R. Horton, and Roger W. Raber. "Information Technology Security: A Challenge for Directors." Director's Monthly (June 2000): 11–13. (For a report based on this article, see "Try a Hacker Test," front page, Wall Street Journal, June 1, 2000.) View Details
  2. Board Evaluation: A Key to Strategic Planning

    Robert B. Stobaugh, Alan McGettigan and Robert Sigler

    Keywords: Strategy; Planning; Governance;


    Stobaugh, Robert B., Alan McGettigan, and Robert Sigler. "Board Evaluation: A Key to Strategic Planning." Director's Monthly (July 1999): 1–4. (For a report on this article, see "Too Many Scientists Can Spoil A Biotech Board," front page, Wall Street Journal, July 29, 1999.) View Details

Book Chapters

  1. Competition Encountered by U.S. Companies That Manufacture Abroad

    Robert B. Stobaugh

    Keywords: Multinational Firms and Management; Competition; Trade; Manufacturing Industry; United States;


    Stobaugh, Robert B. "Competition Encountered by U.S. Companies That Manufacture Abroad." In International Business Knowledge: Managing International Functions in the 1990s, edited by William A. Dymsza and Robert G. Vambery. Westport, CT: Praeger, 1986. View Details

Cases and Teaching Materials