Experience of Retiring Faculty Members Totals 175 Years 

At the end of the summer this year, the Department of Accounting will be saying goodbye to three longtime faculty members: Michael B. Clement, Lisa Koonce, and Stephen T. Limberg.  

Clement is the KPMG Centennial Professor of Accounting and has been with the University for 27 years. He served as the chair of the Department of Accounting from 2018 to 2022. His research examines the use of financial information in the capital markets, focusing on management disclosures and analysts’ forecasts.  

Koonce has been with the University for 34 years and holds the Deloitte & Touche Endowed Chair in Accounting. She was named to the Academy of Distinguished Teachers and received a Regents’ Outstanding Teaching Award. Her research and teaching interests include the judgment and decision-making implications of financial reporting. 

Limberg is the PricewaterhouseCoopers Centennial Professor in Accounting and has been the faculty director of the MPA program since 2005. He joined the Accounting Department in 1982 and served as the department chair from 1997 through 2003. Limberg began phased retirement Sept. 1, 2023, and will be transitioning to full retirement at the end of this academic year. 

After 24 years with the University, Professor Julie Irwin retired June 1, 2023. She had been the Marlene and Morton Meyerson Centennial Professor of Business in the Department of Business, Government, and Society. Her research interests included consumer behavior, the dot-com industry, environmental studies, and public policy. 

Professor Emeritus John Sibley Butler, one of the longest-serving faculty members at the McCombs School of Business, retired in 2022 with 48 years of service. Butler holds the J. Marion West Chair for Constructive Capitalism in the Graduate School of Business. He is a professor in the Department of Management and has a joint appointment in the College of Liberal Arts, where he holds the Darrell K Royal Regents Professorship in Ethics and American Society. He is also the Sam Barshop Fellow at the IC2 Institute, an organization dedicated to startups. His research is in the areas of organizational behavior and entrepreneurship.