The endowed chair was established by Trustee Wesley Elingburg and his wife, Cathy, in 2007.
Associate Professor of Finance Adam Aiken has been named the Wesley R. Elingburg Professor of Finance. Aiken is the third faculty member to hold the chair, succeeding finance professor Wonhi Synn, who was appointed to the chair in 2016.
Adam Aiken, Associate Professor of Finance
Aiken joined the faculty of the Martha and Spencer Love School of Business in fall 2015 as an assistant professor of finance and was named an associate professor in 2020. His research interests include asset management, financial institutions and performance measurement with a particular focus on hedge funds. His research has been presented by The Economists, The Financial Times, Alpha and Reuters, among other media.
The business education news channel Poets&Quants named Aiken to its list of Best Undergraduate Business Professors of 2020. Aiken received the Martha and Spencer Love School of Business Dean’s Award for Excellence in Scholarship in 2019 and 2020.
As a teacher, Aiken has developed a reputation for being difficult, but challenging his students in a very positive way. In this teaching, he incorporates current events and techniques used in the sector, as evidenced by the types of materials he uses in classes and the feedback he receives from students. She is a member of the curriculum committee for the Love School of Business and has advocated for the curriculum to remain current and relevant.
Aiken has been active in creating new courses that help finance majors stay current in their curricular offerings, such as a newer course at the intersection of big data analytics and finance and is taught in a common coding language. It has been one of the leaders in the development of a major financial technology (fintech) that is expected to launch in 2023.
In nominating Aiken to the chair, a colleague noted that his scholarship is “exemplary within the Department of Finance, the Love School of Business, and throughout the university,” with publications appearing in journals such as Management Science, Journal of Financial Economics, Review of Financial Studies and Journal of Financial and Quantitative Analysis.
Before entering academia, Aiken worked as an analyst/associate with UNC Management Co., the university’s endowment arm, in Chapel Hill, North Carolina. He is a member of the Board of Trustees of the University of North Carolina at Greensboro.
Aiken received his PhD in finance from Arizona State University, a master’s degree in economics from Duke University, and a bachelor’s degree in business administration from the University of North Carolina at Chapel Hill. Before joining the Elon faculty, Aiken was an assistant professor of finance at Quinnipiac University in Hamden, Connecticut.
Trustee Wesley Elingburg, a CPA who served on the Love School Board of Advisors for five years, and his wife, Cathy Elingburg, endowed the chair in 2007 to enable Elon to recruit and retain top business school professors. Wes Elingburg was elected to the Elon Board of Trustees in 2005 and served as chairman from 2012 to 2014. He retired from LabCorp as CFO in 2005, and previously was managing partner of the baseball team at the minor league Greensboro Grasshoppers in Greensboro, North Carolina. The Elingburgs are the parents of Nolan H. Elingburg, who earned a bachelor’s degree in broadcast journalism in 2011 and a master’s degree in interactive media in 2012.