Professor Myers is one of the world’s leading authorities on the theory and practice of finance.

He is a Professor of Financial Economics at the MIT Sloan School of Management, past President of the American Finance Association, and coauthor (with Richard A. Brealey and Franklin Allen) of the leading graduate-level textbook on corporate finance. He is also a Research Associate of the National Bureau of Economic Research.

Professor Myers has advised major corporations on mergers and acquisitions, capital investment decisions, financing, measurement of the cost of capital, and valuation. He has appeared as an expert witness in major cases and regulatory proceedings, testifying on the cost of capital, measurement of profitability and value, the economic foundations and design of rate of return regulation, intellectual property, the determination of damages, and tax issues. His work has spanned a wide range of industries, including oil and gas pipelines, telecommunications, software, railroads, pharmaceuticals, insurance, and banking.


Stanford University, PhD and MBA

Williams College, AB


August 7, 2012

“Cost of Capital Parameters for SP Power Assets – Estimating the Market Risk Premium: SP Power Grid and SP Power Assets,” submitted to Singapore Energy Market Authority

Expert Report December 15, 2010, Reply Report September 13, 2011, testimony February 2012

Reports valuing Mobil Cerro Negro’s interest in the Cerro Negro heavy-oil field, ICSID Case No. ARB/07/27

Expert Report September 2008, Reply Report May 2009, Update June 2010, testimony September 2010
Reports on The Value of Indemnification Cash Flows, Mobil Cerro Negro, Ltd. v. Petróleos de Venezuela, S.A. and PDVSA Cerro Negro S.A., before the International Court of Arbitration of the International Chamber of Commerce, ICC Case No. 15416/JRF
December 2009, February 2010
Expert Report, First Tier Tribunal (Finance and Tax Chambers), Astra Zeneca UK Ltd. v. Her Majesty’s Revenue and Customs, London