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52 years of industry experience
Nobel Laureate in Economic Sciences and co-originator of the Black-Scholes
options pricing model
PhD, Economics, University of Chicago
MBA, University of Chicago
BA, McMaster University

Myron Scholes, PhD, is an independent non-executive director. He is currently chief investment strategist at Janus Henderson Investors. In this role, he leads the firm’s evolving asset allocation product development efforts and partners with the investment team, contributing macro insights and quantitative analysis specific to hedging, risk management and disciplined portfolio construction.

Among his many accomplishments, Dr. Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, where he teaches courses including “Managing Under Uncertainty” and “The Evolution of Finance.” He is a member of the Econometric Society and in 1990 served as president of the American Finance Association. Dr. Scholes is widely known for his seminal work in options pricing, capital market equilibrium, tax policies and the financial services industry. He is a Nobel Laureate in Economic Sciences and co-originator of the Black-Scholes options pricing model, for which he was awarded the Nobel Prize in 1997. He is a director of Dimensional Fund Advisors mutual funds and several other private companies and has served as an advisor to the Guangdong Provincial Government.

Dr. Scholes holds a PhD from the University of Chicago. He has honorary doctorate degrees from the University of Paris, France; McMaster University, Canada; Louvain University, Belgium; and Wilfred Laurier University, Canada. He has honorary professorships from Nanjing University, Nanjing Audit University and Xiamen University in China. He was awarded the Innovator of the Year Award from the Chicago Mercantile Exchange and the Lifetime Achievement Award from the Derivatives Association. Additionally, he is a member of the American Academy of Arts and Sciences. Dr. Scholes has consulted widely with many financial institutions, corporations and exchanges, and has lectured for many academic groups and other organizations around the world. He has 52 years of financial industry experience.