Karyl B. Leggio

Karyl B. Leggio is Professor of Finance at Loyola University Maryland’s Sellinger School of Business, where she researches retirement decumulation, credit-risk analytics, and sustainable-finance applications. A Certified Risk Manager and Fulbright Specialist (2020), she has published extensively on the viability of traditional withdrawal rules, the predictive power of CDS models versus credit ratings, and the use of Monte-Carlo simulation in public-sector sustainability planning.

Education:

• Ph.D. Finance, University of Kansas
• MBA, East Tennessee State University
• B.S. Business, Virginia Tech

Research focus: Her recent work challenges the long-standing 4 % withdrawal guideline for retirees, proposes quarterly decumulation strategies to mitigate sequence-of-returns risk, and compares Bloomberg CDS-implied models to traditional credit ratings. Other streams examine herding during the 2010 Flash Crash, efficiency of bank branches via DEA, and pedagogical innovations such as flipped ethics courses and MOOC adoption.

Scientific recognition:

• Fulbright Specialist Appointee, 2020
• STAR Research Award, 2019
• Sellinger Scholars Leadership Speaker, 2015
• Multiple “Who’s Who” listings 2002-2010

Professional engagement: Continuous member of the Financial Management Association, American Finance Association, Midwest, Southern and Eastern Finance Associations since the mid-1990s; Certified in Risk Management since 2006. While specific doctoral advisees are not enumerated, her case supervision and teaching awards indicate active student mentorship.