The Best B Schools
Quit while you're ahead. It's not the most complex principle you might learn in B-school, but it's the final lesson Thomas P. Gerrity, dean of the University of Pennsylvania's Wharton School, is giving his students. After once again leading Wharton to the No.1 spot in BUSINESS WEEK's ranking of the best B-schools--a spot it has held since 1994--he has decided it's time to turn over the reins. On Oct. 6, Gerrity, 57, announced plans to step down at the end of the current school term after nine years as dean in order to spend more time with his family. "I've seen too many people stay on too long," he says. "There's something about turnover which involves renewal and rebirth."
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