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This is a couple of weeks old but I don't think its been posted on Quantnet:
David Heath, co-developer of the Heath–Jarrow–Morton framework for Interest rates, passes away
Tue, 16 Aug 2011 08:52:00 GMT Public
Sad news. Via Biao Guo's Blog comes the news that David Heath has passed away.
David was the Orion Hoch Professor of Mathematical Sciences at Carnegie Mellon.
Dear All,
Last week I received the sad news that Dave Heath passed away. Dave was one of the four "gang members" who started risk measures (around 1993). His contribution to the development of this field cannot be underestimated. Dave was also the mathematical pillar of the Heath-Jarrow-Morton models for interest rates, by now the standard in interest rate modelling.
As a close collaborator he visited ETH many times and some of you certainly met him during these visits. They will remember him as a sharp, logic, independently thinking mathematician with a lot of common sense.
Some 6 years ago, Dave had to stop academic activities. He started to have memory problems and the diagnosis was Alzheimer. In November 2010, Artzner, Eber, Heath, Ku and myself got the David Garrick Halmstad prize for the best paper in actuarial sciences. Dave was happy to get the prize. However his condition deteriorated quickly and since January he was in a specialised hospital. Last week he had an accident and a couple of days later he passed away.
For those who knew him it represents a great loss.
Freddy Delbaen
David Heath, co-developer of the Heath–Jarrow–Morton framework for Interest rates, passes away
Tue, 16 Aug 2011 08:52:00 GMT Public
Sad news. Via Biao Guo's Blog comes the news that David Heath has passed away.
David was the Orion Hoch Professor of Mathematical Sciences at Carnegie Mellon.
Dear All,
Last week I received the sad news that Dave Heath passed away. Dave was one of the four "gang members" who started risk measures (around 1993). His contribution to the development of this field cannot be underestimated. Dave was also the mathematical pillar of the Heath-Jarrow-Morton models for interest rates, by now the standard in interest rate modelling.
As a close collaborator he visited ETH many times and some of you certainly met him during these visits. They will remember him as a sharp, logic, independently thinking mathematician with a lot of common sense.
Some 6 years ago, Dave had to stop academic activities. He started to have memory problems and the diagnosis was Alzheimer. In November 2010, Artzner, Eber, Heath, Ku and myself got the David Garrick Halmstad prize for the best paper in actuarial sciences. Dave was happy to get the prize. However his condition deteriorated quickly and since January he was in a specialised hospital. Last week he had an accident and a couple of days later he passed away.
For those who knew him it represents a great loss.
Freddy Delbaen