Peter F. Drucker (1909-2005) was born in Vienna and educated in Australia and England. From 1929 he was a newspaper correspondent abroad and an economist for an international bank in London. From 1937 he was based in the United States, first as an economist for a group of British banks and insurance companies, and later as a management consultant to several of the country's largest companies, as well as leading companies abroad. Drucker had a distinguished career as a teacher, first as a Professor of Politics and Philosophy at Bennington College, then for more than twenty years as Professor of Management at the Graduate Business School of New York University. From 1971 to 2002 he was Clarke Professor of Social Science at Claremont Graduate School in California. Drucker was regarded as the founding father of the study of management and in 2002 he was awarded the Presidential Medal of Freedom by President George W. Bush.