David A. Louton

Last updated
Dave Louton
Dalouton cropped.jpg
Born (1960-07-10) July 10, 1960 (age 64)
Alma mater Michigan State University (BS, MBA, PhD)
OccupationAcademic
Years active1991present
Spouse
Marcie McClard
(m. 1979)
Children3
Father Edgar Louton
Relatives

David Albert Louton (born July 10, 1960) is an investment strategy analyst and lecturer at Bryant University. [1]

Contents

Early life and education

Louton was born into an American missionary family in Cape Town, Union of South Africa in 1960. He is the oldest of four children of Edgar Louton and Barbara Ann Hughes (b. 1937) and has three sisters. [2] His paternal grandparents A. G. Louton and Louise Rettinger (1904 - 1967) went to South Africa as missionaries in 1951. His maternal grandfather, Ralph Hughes, was a well-known pastor from Clio, Michigan. [3] Louton is a first cousin of theology professor Rollin G. Grams.

Louton was an avid equestrian in his youth and earned a B.S., an MBA and a PhD from Michigan State University, graduating in 1990. He began commenting of finance in local newspapers while in college and initially considered becoming a stockbroker. [4]

Career

Following graduation, Louton was offered a position at Bryant University in Smithfield, Rhode Island. He joined the faculty in 1991 and since the beginning of his career has become one of the best-known analysts from the university.

From 2011 to 2013, he served as the Associate Dean of Bryant’s College of Business. From 2005 to 2015, he was an advisor of the Archway Investment Fund at Bryant. [5]

During his career, he has taken on the role of a financial commentator. He has made notable contributions to Forbes, [6] and The Hill [7] and been cited in The Wall Street Journal, [8] Reuters [9] and Yahoo Finance, [10] among other publications.

Louton has also written papers analyzing investments, [11] [12] for which he has won awards. [13] These include best paper awards from the Southwestern Finance Association in 1994, the Academy of Financial services in 1998 and 2008, and the Market Technicians Association in 2013.

According to university tax filings found by ProPublica, Louton received base compensation of over US$217,000 in 2015(equivalent to $278,935 in 2023) and additional compensation of over US$67,000(equivalent to $86,123 in 2023), equating to a total salary of over US$284,000(equivalent to $365,057 in 2023), for his role as a tenured finance professor. [14] As one of the highest academic salaries in the United States, this forms part of a broader controversial trend at the university, with its former president, Ronald Machtley, an associate of Louton, making over $6 million as the country's highest-paid university president, according to Business Insider. [15]

He is a member of several professional organisations, including the Providence chapter of the CFA Institute and the Market Technicians Association

Personal life

Louton married Marcy McClard in 1979 in Flint, Michigan. [16] Together, they have three children, Shaina Leigh Louton (b. 1980), [17] Daniel David Louton (b. 1982), [18] and Corrie Anne Louton (b. 1990). [19]

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References

  1. "Bryant finance and investment strategy expert Dave Louton weighs in on inflation and the challenges ahead for policy makers | Bryant News". news.bryant.edu. Retrieved 2024-08-29.
  2. Grams, Rollin G. (2010). Stewards of Grace. Wipf & Stock Publishers. ISBN   978-1-4982-5928-6.
  3. staff, Flint Journal (2010-10-08). "Pastoring still a passion for 94-year-old Flushing man". mlive. Retrieved 2024-08-29.
  4. "Jan 18, 1987, page 43 - Lansing State Journal at Newspapers.com". Newspapers.com. Retrieved 2024-08-29.
  5. https://www.linkedin.com/in/david-louton-87b5725?trk=recent-searches
  6. https://muckrack.com/dave-louton
  7. Louton, David (2016-12-13). "Irrational investors are fueling the Trump stock market rally". The Hill. Retrieved 2024-08-29.
  8. https://www.wsj.com/articles/the-perils-of-after-hours-stock-trading-11554689401
  9. https://www.reuters.com/article/business/shake-shack-says-comparable-sales-growth-likely-to-slow-in-2015-idUSKBN0M72FC/
  10. "Shake Shack says comparable sales growth likely to slow in 2015". Yahoo Finance. 2015-03-12. Retrieved 2024-08-29.
  11. https://www.researchgate.net/profile/David-Louton
  12. "David Louton". scholar.google.com. Retrieved 2024-08-29.
  13. "Louton, David | Bryant University". www.bryant.edu. Retrieved 2024-08-29.
  14. Roberts, Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon (2013-05-09). "Nonprofit Explorer". ProPublica. Retrieved 2024-11-18.{{cite web}}: CS1 maint: multiple names: authors list (link)
  15. Borden, Allana Akhtar, Taylor. "15 college presidents who've been paid millionaire salaries". Business Insider. Retrieved 2024-11-18.{{cite web}}: CS1 maint: multiple names: authors list (link)
  16. "Marriage announcements - David A. Louton marries Marcie McClard". The Flint Journal. July 25, 1979. Retrieved 2024-11-19 via Newspapers.com.
  17. "Daughter born to David A. Louton; Edgar welcomes first grandchild". Newspapers.com. Lansing State Journal. November 17, 1980. Retrieved 2024-11-19 via Newspapers.com.
  18. "Birth announcements - Daniel David Louton". Newspapers.com. Lansing State Journal. November 15, 1982. Retrieved 2024-11-19 via Newspapers.com.
  19. "3rd Child born to Mr and Mrs DA Louton". Newspapers.com. Lansing State Journal. October 9, 1990. Retrieved 2024-11-19 via Newspapers.com.

This article is associated with the extended Louton, Hughes, Oster, Rettinger, Ernst and Grams family involved in ministry, business and academia.