In Memoriam: H. Martin Weingartner

Martin Weingartner

H. (Hans) Martin Weingartner, a former president of The Institute for Management Sciences (TIMS, a forerunner of INFORMS), an INFORMS Fellow and professor emeritus at Vanderbilt University, died May 6 in Nashville, Tenn. He was 85.

Dr. Weingartner was instrumental in building the faculty at the Owen Graduate School of Management at Vanderbilt from the time he arrived in 1977 until his retirement in 1998 as the school’s first Brownlee O. Currey Professor of Finance.

“Many called him the academic conscience of the school,” M. Eric Johnson, dean of the Owen Graduate School of Management, said of Dr. Weingartner. “He was a key member of the Owen faculty in the early years when the direction of the school was not always clear. He demanded rigor and quality in all aspects of teaching and research, and he helped set in motion the forces that would make Owen a great business school. He played an important role in guiding the school in matters of faculty hiring and curriculum.”

Added Vanderbilt Professor Hans Stoll: “Marty Weingartner stood for the important academic principals of a great university: free speech and free inquiry, honest and verifiable research, and the importance of real scholarship.”

Prior to joining Vanderbilt, Dr. Weingartner held academic posts at the University of Rochester, MIT and the University of Chicago, where he was similarly involved in helping build the latter university’s Graduate School of Business.

In addition to teaching and publishing papers on operations research and finance, he authored or co-authored several books, notably “Mathematical Programming and the Analysis of Capital Budgeting Problems” – the first book on capital budgeting written from an O.R. perspective.

Dr. Weingartner held editorial posts with several journals and consulted for banks and other firms. He served as financial vice president, then president, of TIMS in 1985-86 and was an alumni member of the Council of Scientific Society Presidents.

Born in Heidelberg, Germany, Dr. Weingartner and his family escaped from the Nazi regime in 1939, just before the outbreak of WWII (after his father’s release from Dachau, the Nazi concentration camp). Dr. Weingartner attended public schools in New York City, graduating from Brooklyn Technical High School. He earned his Ph.D. at Carnegie Mellon University in Pittsburgh, having earned his master’s and bachelor degrees at the University of Chicago. He worked as an economist for the U.S. Dept. of Commerce in Washington, D.C., and served in the U.S. Army during the Korean War before resuming his studies and beginning his academic career.

Dr. Weingartner loved sailing, from cruising with his family on Lake Ontario to racing cruising boats there and on Old Hickory Lake. He served on the Board of Harbor Island Yacht Club on Old Hickory Lake.

Dr. Weingartner was devoted to his wife of 58 years, Joyce Trellis Weingartner of Pittsburgh; they celebrated their 50th anniversary in 2005 with their extended family.

Along with his wife, Dr. Weingartner is survived by son Steven of Florence, S.C.; son Eric of New York City; son Kenneth of Nashville; daughter Susan DeLaPaz of Bethesda, Md.; and his grandchildren, nieces, nephews and cousins.

A memorial service will be held at Benton Chapel on the campus of Vanderbilt University on July 5.

Sources: Vanderbilt University’s Owen Graduate School of Management, M. Eric Johnson, The Tennessean, INFORMS