Doug Reynolds receives Harold T. Caven Professorship

Submitted by Brandi Berg
Phone: (907) 450-8030
01/30/06

The University of Alaska Foundation is proud to announce Doug Reynolds, professor of economics at the University of Alaska Fairbanks School of Management, as the recipient of the Harold T. Caven Professorship.

The two-year professorship includes a $20,000 award. This award is intended to enable Reynolds to carry out activities and projects designed to enhance the field of business and finance at the University of Alaska. Reynolds’ proposed activities include studying Alaska’s energy future and creating a book explaining energy issues and how they will affect Alaska. His study will examine how oil and gas production can help the state’s budget and will explore the possibilities for developing the petrochemical and construction industries in Alaska. In his research, Reynolds will look for ways that businesses in the state can expand into energy such as the building of the natural gas pipeline from Alaska’s North Slope, through the Interior, and on to the Lower 48.

Reynolds received his bachelor’s degree in mechanical engineering from Colorado State University and worked as an engineer in the defense industry. He earned his Ph.D. in oil and energy economics in 1994 from the University of New Mexico and spent two years in Kazakhstan shortly after the fall of the Soviet Union, where he taught and studied oil energy economics. Reynolds joined the faculty at the University of Alaska Fairbanks in 1997.

This professorship was established in 1974 with a gift from Mrs. Loretta Caven, widow of Harold T. Caven. Harold Caven was a longtime Alaskan who first came to the state in 1943. He served as a director and as a vice president of the First National Bank of Anchorage.

For more information contact:
University of Alaska Foundation
Attn: Brandi Berg
910 Yukon Drive, Suite 206
PO Box 755080
Fairbanks, AK 99775-5080
907-450-8030 phone
907-450-8031 fax