Hans Reiner Stoll

December 11, 1939March 20, 2020

Hans Reiner Stoll, born December 11, 1939 in Regensburg, Germany to Reiner Stoll and Christa Schmidt Stoll, passed away on March 20, 2020 in Nashville, TN.

Hans was the Anne Marie and Thomas B. Walker Professor of Finance, emeritus at the Owen Graduate School of Management at Vanderbilt University. Through decades in academia, industry and government, Hans was most proud of the generations of finance students he educated and inspired. He is best known for developing and testing the put-call parity relation for option prices, modeling and testing the behavior of securities markets dealers, his work on program trading and the “triple witching hour” and his work on the sources and components of the bid-ask spread.

Hans graduated from Swarthmore College in 1961 followed by MBA (1963) and PhD (1966) degrees from the University of Chicago. From 1966-1980 he was a faculty member at the Wharton School at the University of Pennsylvania before joining the faculty at Vanderbilt’s Owen School in 1980. Hans was a respected and prolific academic whose leadership and research were instrumental in raising the national profile of Owen. He authored several books and over 60 published articles and served on the editorial board of a variety of financial journals. As founding director of the Financial Markets Research Center at Owen, Hans fostered research among financial markets scholars around the globe and brought together countless financial authorities from academia, business concerns, and government agencies to discuss timely and critical issues.

Hans served as President of the Western Finance Association (1992-93), President of the American Finance Association (1999-2000) and on various government and industry advisory panels, including the Quality of Markets Committee of the NASD formed to study the 1987 stock market crash. He was a member of the Economic Advisory Board for the NASD, a public governor of the Pacific Stock Exchange, and a public director of the Options Clearing Corporation, Interactive Brokers Group and the Futures Industry Association. He received numerous honors and awards including Vanderbilt’s 1996 Earl Sutherland Prize for Achievement in Research across all fields; the 1994 Chicago Board of Trade Earle M. Combs, Jr. Award for leadership and contributions to the futures industry; and an honorary doctorate from Goethe University in Frankfurt, Germany.

Above all these accomplishments, Hans was a man of humility, integrity and composure who never let the pressures of work interfere with his family life or his nightly eight hours of sleep.

Hans is survived by his wife Margie Stoll, children Erica Stoll Hammack, Andy Stoll and Kevin Stoll, six grandchildren, and siblings Dagi Stoll Murphy and Michael Stoll. The family would like to thank all of Hans’ caregivers for their support and friendship.

A Celebration of Life will be held in Nashville at a future date.

In lieu of flowers, memorial contributions can be made to the Peterson Foundation for Parkinson’s at or to the Parkinson’s Foundation at


Hans Reiner Stoll

have a memory or condolence to add?

John Walsh

April 4, 2020

What a great loss we have suffered in the passing of Hans Stoll. As an annual visitor to Dewey Daane's seminar at the Owen School, I had the good fortune to be squired around campus by Hans on numerous occasions. The care and attention he showed me as an occasional visitor was, I am sure, repeated day in and day out to myriad visitors to Vanderbilt by this gracious son of Germany. Ruhe in Frieden, Hans.

Janet Jernigan

March 30, 2020

I am saddened to learn of Hans' death. May God continue to bless Margie and family in your grief. Janet Jernigan

Steven DeGangi

March 27, 2020

I am saddened to know that Profesdor Stow has passed away. I did not know him personally but I suspect that he loved deeply and was loved deeply. I want to express my sympathy to his family.

While I did not know him personally he has made a very nice impression upon me. It has been nearly 40 years since I saw and heard Dr. Stoll. I vividly recall what a nice and approachable person he was. His class way back then was in investments. I wasn't able to use the knowledge from that course in my work life in a major way but it was invaluable to me in my personal life. Dr. Stoll had such a wonderful personality and presence. I still recall the excitement that he generated about the subject and how he would influence our conversations about investments.

Dr. Stoll was gifted. And he gave from his gifts to those around him.

Rest in peace Dr. Stoll.

Matthew Bready

March 26, 2020

Am so grateful that God caused Hans' and my paths to cross while he taught me Finance in the Owen Graduate School of Management EMBA Program ('98). Things I learned under Hans' tutelage are benefiting not-for-profit retirement plan participants through the in-plan managed account service we provide our clients. It is amazing how Hans' pebble dropped in the lake of life can have a ripple effect across so many other lives. My thoughts and prayers are with the family. May God's love and grace cover you always ...
Peace, Matthew Bready

Robert Overgard

March 25, 2020

Dr. Stoll was the reason I chose Vanderbilt.

Catherine Stuart Vrettos

March 23, 2020

Your family is in our thoughts and prayers. We are sending you our love. Sincerely, Chris, Catherine, Caroline, and Cathleen

Hillary Cheruiyot

March 23, 2020

Am sad hear of loss of Prof. Hans Stoll. Wish the family strength at this time of grief.

I will miss the moments we shared together in Nashville talking about finance, attending seminars, watching Vanderbilt basketball games and going to the Lakehouse.

To Margie and family, we are together at this time of grief.