LEXINGTON, Ky. (April 21, 2010) − Joe Peek, professor of finance in the University of Kentucky Gatton College of Business and Economics, has been elected by the university faculty as a faculty representative to the UK Board of Trustees. Peek was elected to a three-year term, which will expire June 30, 2013.
Peek received 471 of the 849 votes that were cast. Second in the running was Ernie Yanarella (College of Arts and Sciences), while third and fourth place were Kimberly Anderson (College of Engineering) and Karen Petrone (College of Arts and Sciences). Because Peek won more than 50 percent of the votes in the initial round of the election, no run-off process was required.
Peek joins Everett McCorvey, professor in the College of Fine Arts, as one of two faculty representatives on the board.
"Congratulations to professor Peek on his election to the UK Board of Trustees," said UK President Lee T. Todd Jr. "I look forward to working with Peek in this capacity."
"I believe the faculty have spoken that they want change at UK, and that they want a voice to reflect their views, ideas and opinions to the Board of Trustees," said Peek. "One of my goals will be to work to enhance both transparency and accountability within the board and make it easier for the UK community to provide input."
Peek is filling the seat being vacated by Ernie Yanarella, whose term as faculty trustee expires June 30. He had served since July 1, 2007.
Peek came to UK in 2000 and serves as the Gatton Endowed Chair in International Banking and Financial Economics at the college. He previously held positions as a professor of economics at Boston College, a visiting economist at the Federal Reserve Bank of Boston, and a visiting Erskine Fellow at the University of Canterbury in Christchurch, New Zealand. His research topics include international banking, bank regulation, monetary policy and credit availability.
His articles have appeared in numerous journals, including The American Economic Review, Journal of Finance, The Quarterly Journal of Economics, The Review of Economics and Statistics, Journal of Money, Credit and Banking, Journal of Financial Intermediation, Journal of Banking and Finance, Journal of International Economics, and Real Estate Economics.
Peek received a bachelor's degree in mathematics and a master's in economics at Oklahoma State University, and went on to earn a doctorate in economics at Northwestern, spending a year at the Brookings Institution with a research fellowship while working on his dissertation.