Faculty/Staff

David Blackwell

David Blackwell

Lynn Pippenger Dean, Muma College of Business
Professor of Finance
muma-deansoffice@usf.edu
Campus: Tampa
Room: BSN 201

David W. Blackwell serves as the Lynn Pippenger Dean and professor of finance at the 黑料爆料鈥檚 Muma College of Business, a role he has held since July 2024. In his first year at USF, Blackwell led strategic initiatives including establishing the Center for Executive and Leadership Education, launching the School of Management, and integrating the university鈥檚 hospitality, tourism, sport, and entertainment programs into the newly formed School of Hospitality and Sport Management. He also advanced real estate education by initiating a new center and developing related academic programs.

Blackwell joined USF following an accomplished tenure at the University of Kentucky, where he served as provost and chief academic officer, dean of the Gatton College of Business and Economics, and associate dean for graduate business programs. As provost, he oversaw initiatives that strengthened the university鈥檚 enrollment growth, student retention, and graduation outcomes. During his deanship, the Gatton College secured more than $100 million in philanthropic support鈥攈ighlighted by a transformative $65 million gift that enabled construction of a new academic facility completed in 2016.

Earlier in his career, Blackwell spent 13 years as a finance faculty member at the University of Georgia, the University of Houston, and Emory University. His research contributions span corporate finance, commercial bank management, executive compensation, and securities underwriting, with publications in premier academic journals such as the Journal of Finance, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Journal of Accounting and Economics, and the Journal of Accounting Research.

Blackwell also brings extensive consulting and executive鈥慹ducation experience. He previously served as a Manager and Director at PricewaterhouseCoopers and as a Director at KPMG, advising organizations on corporate governance, financial policy, securities valuation, and intellectual property valuation. His clients included Shell Oil Company, Morgan Stanley, Wells Fargo, IBM, Kaiser Permanente, Neogen, Sumitomo, and the U.S. Chamber of Commerce, among others. In the mid鈥1990s, he developed and delivered financial鈥憁arkets training programs for commercial banking executives across Eastern Europe, including in Poland and Slovakia.

Committed to community and industry engagement, Blackwell serves on the board of directors for Junior Achievement of Tampa Bay. Prior to relocating to Tampa, he served on the local advisory board for Truist, on the board of directors for Commerce Lexington (Lexington Chamber of Commerce), and on the board of The Washington Campus, a Washington, D.C.鈥揵ased organization dedicated to helping business leaders and students navigate the public policy landscape.

Blackwell earned his Ph.D. in Finance in 1986 and his bachelor鈥檚 degree in economics in 1981, both from the University of Tennessee, Knoxville.

Research

  • David S. Kidwell, David W. Blackwell, David A. Whidbee, and Richard W. Sias, Financial Institutions, Markets, and Money, 11th Edition, 2012, John Wiley & Sons, Inc. 
  • David W. Blackwell, Mark Griffiths, and Drew B. Winters, Modern Financial Markets: Prices, Yields, and Risk Analysis, 2007, John Wiley & Sons, Inc.
  • 鈥淏enefits from Lending Relationships in Public Debt Markets: Empirical Evidence from the Commercial Paper Market,鈥 (With Vladimir Kotomin and Drew B. Winters), Quarterly Journal of Finance and Accounting, 53(3-4), Summer-Autumn 2015 
  • "Changes in CEO Compensation Structure and the Impact of Firm Performance Following CEO Turnover," (With Donna M. Dudney and Kathleen A. Farrell), Review of Quantitative Finance and Accounting 29(3), October 2007 
  • "The Value of Auditor Assurance: Evidence from Loan Pricing,鈥 (With Thomas R. Noland and Drew B. Winters), Journal of Accounting Research, Spring 1998 
    (Winner of the award for 鈥淭he Most Notable Contribution to the Auditing Literature, 1995-2000, Journal of Accounting Research) 

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  • "Banking Relationships and the Effect of Monitoring on Loan Pricing,鈥 (With Drew B. Winters), Journal of Financial Research 20, 1997
  • "Accounting-Based Performance and the Turnover of Divisional Managers: Evidence from Texas Banks,鈥 (With James A. Brickley and Michael S. Weisbach), Journal of Accounting and Economics 17, 1994 
  • "The Effect of Taxes on the Relative Valuation of Dividends and Capital Gains: Evidence from Dual-Class British Investment Trusts," (With James S. Ang and William L. Megginson), Journal of Finance 46, 1991 
  • "Plant Closing Decisions and the Market Value of the Firm," (With M. Wayne Marr and Michael F. Spivey), Journal of Financial Economics 26, 1990 
  • "Shelf Registration and the Reduced Due Diligence Argument: Implications of the Underwriter Certification and the Implicit Insurance Hypotheses," (With M. Wayne Marr and Michael F. Spivey), Journal of Financial and Quantitative Analysis 25, 1990 
  • "An Investigation of Cost Differences between Public Sales and Private Placements of Debt," (With David S. Kidwell), Journal of Financial Economics 22, 1988 (Reprinted in Studies in Financial Institutions: Non-Bank Intermediaries, 1993, McGraw-Hill Book Company, Christopher James and Clifford W. Smith, eds.)

Service

  • Member, Local Advisory Board, Truist (formerly BB&T), Lexington, 2018-present 
  • Member, Board of Directors, Commerce Lexington (Chamber of Commerce), 2013-2014 
  • Member, Board of Directors, Twin Cities Endowment, Bryan-College Station, Texas, 2007-2012 
  • Member, Board of Directors, The Washington Campus, 2007-2012 
  • President, Southern Finance Association, 1998-1999 
  • Vice President-Program, Southern Finance Association, 1997-1998 
  • Member, Board of Directors, Southern Finance Association, 1997-2000 
  • Associate Editor, Journal of Financial Research, 1994-1999 
  • Member, Editorial Board, Journal of Business Research, 1992-1995