The market value of the school's endowment andinvestments increased from $106 million to $600million under McArthur's tenure, according to anHBS fact sheet.

"Everyone thinks the Business School is sorich, but we weren't [before McArthur]," saysProfessor of Business Administration Joseph L.Bower '59. "In economic terms, we have becomemuch, much, much stronger."

Others laud McArthur for improving the physicalappearance of the School.

"[A] major accomplishment was the renovation ofthe campus and inclusion of additional facilitiesthat were very much needed," says Professor ofBusiness Administration Francis J. Aguilar.

During his time as dean, McArthur built ShadHall, the opulent $20 million gymnasium andrecreation center that is not open to Harvardaffiliates. McArthur also helped design theschool's chapel, which was dedicated to him by theBusiness School's class of 1959.

The grounds of the Business School are now"second to none," Schlesinger says.

A Sense of Community

Colleagues praise McArthur for his success increating a diverse but cohesive, strong academiccommunity.

"I think his greatest accomplishment is puttingthe place back together," says a former BusinessSchool administrator who requested anonymity."When he took over, the faculty was somewhatadrift--they felt that their mission wasuncertain, that they were the odd duck out. Johnreminded the faculty what was good about it."

Professors say McArthur did an incredible jobbuilding the faculty.

"[McArthur] considerably strengthened theresearch program at the school...throughsignificant appointments from outside,"Christenson says.

"[McArthur] brought in faculty from otherschools who represent different ways of thinkingabout things," Bower says. "[And] he's done anextraordinary job of bringing together the facultyand helping to get a group of people committed toeach other."

McArthur has also taken great strides inpromoting student diversity. During McArthur'stenure, the percentage of women students in theMBA program rose from 23 to 29 percent. Theminority segment increased from 7 to 18 percent,and the number of international students increasedfrom 18 to 25 percent.

McArthur cites a sense of community at theBusiness School as his biggest contribution.

"I think it's the people...it's the ballgame in[running] an organization," McArthur says. "Thepeople actually work together...most of the time.If that [the people] isn't right, that's a hugefailing. Everything else is fixable."