Vincent Glode is a Professor of Finance at the Wharton School. He joined the Finance Department at the Wharton School in July 2009 after earning his PhD in finance from Carnegie Mellon University. His research is mainly theoretical and studies how financial intermediaries create and allocate surplus in the economy. His papers have been published in leading academic journals such as the American Economic Review, the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. He has served as an associate editor at Management Science and the Journal of Empirical Finance and as an elected board member of the Finance Theory Group. At Wharton, Professor Glode teaches Corporate Valuation at the undergraduate and MBA levels, for which he has won several teaching awards. He has served on Wharton’s Teaching Excellence committee and the MBA program’s executive committee. He is a CFA charterholder.