Steve Beach has been selected as the new dean of the College of Business at the University of Texas of the Permian Basin. His appointment is effective Aug. 1.

He will replace Bill Price, who will return to the faculty and teach this summer, said Chief of Staff / Director of University Communications Tatum Hubbard. She said in an email that the move was voluntary.

Beach comes to UTPB after serving as associate dean and professor of finance in the College of Business and Economics at Radford University where he has been on the faculty since 2001.

He has also taught at Loyola Marymount University and Texas State University.

He had a crucial role in the recent renewal of Association to Advance Collegiate Schools of Business accreditation at Radford and consults for the CFA Institute, helping develop curriculum and training for the certificate in investment performance measurement. CFA stands for chartered financial analyst.

Dr. Beach has provided consulting services to manufacturing firms, marketing consulting firms, government-finance officer associations and a plastics recycling firm.

“The excitement surrounding UT Permian Basin right now is infectious. It will be my honor to work with President Woodley, the faculty and staff of the University, and industry leaders to take this campus to even greater heights. I am thrilled to be back in Texas and looking forward to being part of the Midland-Odessa community. I am ready to fly like a Falcon,” Beach said in a news release.

Beach has garnered several teaching awards and was founding adviser of the Radford University Student Managed Investment Portfolio Organization, which won two international competitions for performance in managing investment assets. Beach was associate director of Radford’s Governmental and Nonprofit Assistance Center from 2012-2016, the release said.

“We are assembling a team of talented and innovative people to lead this University into the future. Steve Beach is the kind of leader we need to ensure that graduates from UT Permian are highly recruited and well prepared for the workforce,” UTPB President Sandra Woodley said in the release.

Beach earned his Ph.D. from Washington State University and his master’s of business administration and BSBA from Tennessee Tech. His research has focused on global portfolio management, personal finance and downside risk measures.

Steve is married to Rachael Beach, a middle school teacher and native of Austin. They have two children: Zack, 25 and a graduate of Radford University, and Cypress, 22, a student at Virginia Tech.