Karl Gustav Pearson, Professor of Business Administration and Director of Real Estate Education, has retired from active faculty status as of June 30, 1979, after a most productive career as a teacher, researcher and administrator.

A native of Kansas, Professor Pearson took undergraduate studies at Princeton University before entering the Law School of The University of Michigan, where he received his J.D. degree in 1930. From 1930 to 1948, Professor Pearson was associated with the Firestone Tire and Rubber Company in the Chairman's Office and the Marketing Research Department except for 1934-36 when he was an Assistant Professor of Economics at Upsala College and 1942-46 when he served with the rank of Commander in the U.S. Navy. He returned to Upsala as Professor of Business Administration and Chairman of the Department of Business Administration in 1948. In 1962, he joined Rider College and served as Dean and Professor of Administration until 1967.

Professor Pearson was named to his professorship at the Graduate School of Business Administration in 1967. He contributed strength and vitality to both the academic and extension service education programs in real estate. He carried major responsibility for all of the courses in real estate in the Graduate School of Business Administration. Professor Pearson has also been an active participant in the professional affairs of national, state and local realtor organizations and a major contributor to the development of real estate education programs in Michigan and the nation. His numerous writings and speeches in the field of real estate have built for himself and the School a reputation of excellence.

The Regents now salute this distinguished real estate educator for his dedicated service by naming him Professor Emeritus of Business Administration.