Pappanastos receives Troy University’s Malone Award

Dr. Ed Pappanastos of the Sorrell College of Business receives the Malone Award from Dr. Lance Tatum and last year's recipient Dr. Bernita Hamilton.

Dr. Ed Pappanastos of the Sorrell College of Business receives the Malone Award from Dr. Lance Tatum and last year's recipient Dr. Bernita Hamilton.

Dr. Ed Pappanastos, a Professor in the Sorrell College of Business and Associate Chair of the Department of Risk Management and Data Analytics, has been awarded Troy University’s Wallace D. Malone, Jr. Distinguished Faculty Award.

Dr. Pappanastos was presented the award during the University’s annual Faculty/Staff Convocation on Thursday at the Troy Campus.

The award consists of a $1,500 cash prize and a medallion to be worn with academic regalia. The award is made possible through a $100,000 endowment by the SouthTrust Corporation. Wallace Malone, former chairman of the Board and Chief Executive Officer of SouthTrust, served as a TROY trustee from 1975-1995.

“Dr. Pappanastos is one of the most genuine teachers you will ever meet. Ed is selfless in his service to the students of Troy University, the Sorrell College of Business and the Risk Management and Data Analytics Department,” said Dr. Jeffrey A. Bohler, Department Chair, who nominated Pappanastos for the award. “He is incredibly knowledgeable in Risk Management and Quantitative Measures, is well published and continuously mentors all members of our department. Ed’s efforts directly contribute to helping our department support the vision of Troy University.”

Dr. Pappanastos said he was both shocked and honored to receive the award.

“It was a complete shock to me to be selected to receive the Malone Award because there are so many qualified faculty members at TROY,” he said. “I am tremendously thankful to be able to work alongside of a group that is so focused on making a positive impact on the lives of the students and each other. The quality of our current faculty and the legacies of the previous award winners makes this a tremendous honor. I am extremely grateful, and somewhat embarrassed, to have been selected.”

Dr. Pappanastos first joined the TROY faculty in 1997, serving for 17 years as a Professor of Quantitative Measures and Risk Management and Insurance. After a two-year stint as a Professor of Management at Tuskegee University, Dr. Pappanastos returned to TROY in 2016 as chair of the Department of Economics, Finance and RMI, and then Chair of the Department of Risk Management and Data Analytics from 2017 to 2019.

Dr. Pappanastos earned a bachelor’s and a master’s degree from Auburn University at Montgomery, a master’s degree and a Ph.D. from the University of Alabama. He is a former Chancellor’s Fellowship recipient, as well as the 2008 recipient of the University’s Ingalls Award for Excellence in Classroom Teaching.

Dr. Pappanastos is an avid researcher, including presentations to the International Academy of African Business and Development, the Academy of Business Research, and the Clute Institute in Orlando, FL., among many others. He has had numerous articles published in journals such as the International Journal of the Academic Business World, the Journal of Business Cases and Applications, the European Journal of Protistology and the International Journal of Law and Management, among many others.

In addition to his service on many committees of the Sorrell College of Business, Dr. Pappanastos is also active within the Montgomery community. He has served on three occasions as chairperson of the Catholic Charities Appeal for the Archdiocese of Mobile, has served as a proctor for the AP Calculus Test for LAMP High School and is a committee member and past chairperson of the Alabama Baseball Coaches Association.