Faculty & Staff Directory

John Bizjak

Robert and Maria Lowdon Chair of Business Administration
Finance Department


  • PhD, University of Utah
  • BA, University of California Berkeley

Areas of Expertise/Research

  • Corporate Finance
  • Law & Economics

Professional Experience and Consulting

  • Academic Fellow, U.S. Securities and Exchange Commission 2002 to 2004
  • Incentive Labs LLC, Compensation Analyst 
  • Equity Methods LLC, Valuation Consultant

Selected Publications

  • “The Choice of Peers for Relative Performance Evaluation in Executive Compensation” with Swami Kalpathy, Frank Li, and Brian Young, Review of Finance, April 2022. 
  • “CEO Political Leanings and Store-Level Economic Activity during Covid-19 Crisis:  Effects on Shareholder Value and Public Health,” with Swami Kalpathy, Vassil Mihov, and Jue Ren, Journal of Finance, August 2022.
  • "Performance Contingencies in CEO Equity Awards and Debt Contracting," with Swami Kalpathy and Vassil Mihov, The Accounting Review, September 2019.
  • “Performance-Vesting Provisions in Executive Compensation,” with Carr Bettis, Jeff Coles, and Swami Kalpathy, Journal of Accounting and Economics, August 2018.
  • “Are all CEOs above Average? An Empirical Analysis of Compensation Peer Groups and Pay Design,” with Mike Lemmon and Thanh Ngyuen, Journal of Financial Economics, June 2011.

Honors and Awards

  • 2015 J.R. Beyster Fellowship, for “Performance-contingent equity awards to nonexecutive employees.”
  • 2014 EFMA Larry Lang Award, Best Paper in Corporate Governance, “Performance-Vesting Provisions in Executive Compensation.”
  • AACSB/GMAC National Doctoral Fellowship in Business and Management - 1989
  • Distinction at graduate, University of California, Berkeley - 1983