David Booth, a founder of Dimensional Fund Advisors in 1981, is the firm's Executive Chairman.
David serves on the Investment Company Institute's Board of Governors and is a member of ICI's Executive Committee. In 2016, he received the Investment Management Lifetime Achievement Award from Institutional Investor magazine, and Forbes ranked David as No. 39 on the magazine’s list of the 40 “Money Masters: The Most Powerful People in the Financial World.” In 2012, he was awarded the Outstanding Financial Executive Award by the Financial Management Association International for his background and accomplishments in applying financial theory and research to the practical world of asset management, particularly for his pioneering work in indexing and small capitalization investing. MutualFundWire ranks him 64th in its list of the 100 Most Influential People in mutual funds, and in 2010, InvestmentNews named David as one of "The Power 20" in the financial services industry.
David has written numerous articles, including "Diversification Returns and Asset Management" with Eugene F. Fama, which won a Graham and Dodd Award of Excellence from the Financial Analysts Journal in 1992.
The University of Chicago Booth School of Business was named in honor of David, where he also serves as a lifetime member of the school's business advisory council. David is a member of the board of trustees of the University of Chicago, University of Kansas Endowment Association, and Museum of Modern Art in New York. He is also on the board of overseers for the Becker Friedman Institute.
David received his MBA from the University of Chicago in 1971. He also holds an MS and a BA from the University of Kansas.