Richard DeFusco earned his Ph.D. in finance from the University of Tennessee, and his MBA from the University of Rhode Island, where he also received his undergraduate degree in management science. He was awarded the Chartered Financial Analysts (CFA) designation in 1999. Since joining CBA in 1985, his teaching and research interests include security analysis, corporate finance and investments. DeFusco is co-author of Quantitative Investment Analysis, 2nd edition (John Wiley & Sons). His publications also include “The Effects of Airline Strikes on Struck and Nonstruck Carriers” in the Industrial and Labor Relations Review.