2010 W. Selkirk Owen Award Recipient

The Webb Alumni Association is pleased to present the forty-fifth William Selkirk Owen Award to Peter Van Dyke `60.

Peter is a 1960 Webb graduate who has worked in both the marine industry and investment management. He attended Washington Irving High School in Tarrytown, NY before coming to Webb.  He played on Webb’s basketball and tennis teams, and upon graduation he was awarded the Samuel D. McComb Memorial Prize for having the second highest overall average.  He then went to Harvard University from which he received a Ph.D. in Engineering and Applied Mathematics in 1964.

Over the next 21 years Peter held a series of marine industry and scientific jobs in the Baltimore area at Martin Company, Hydronautics Inc., and finally the Johns Hopkins University Applied Physics Laboratory.  His work utilized both the mathematical approach learned at Harvard and the practical approach learned at Webb. 

In 1985, Peter entered the business world by accepting a job as a Quantitative Specialist at T. Rowe Price Associates in Baltimore, MD.  He was able to apply his mathematics and engineering education to a whole new set of problems and achieve success.  When he retired from T. Rowe Price in 1999 he was a Managing Director of the firm and responsible for some $35 billion in assets as head of the firm’s Taxable Fixed Income Department.

Peter has been on the Webb Institute Board since 1991; on the Executive Committee since 2000 and as Treasurer since 2004.  However, it has been his role as Chair of the Investment Committee since 2001 where Peter has made a significant contribution, managing the endowment and steering its course during a period of tremendous market volatility.  While the endowment suffered like most investments during both the “dot.com” bubble and housing bubble collapse, it bounced back better than most portfolios due to careful but aggressive management of the committee under Peter’s leadership.

Peter currently serves on a number of college and school boards and Finance Committees.  He still manages investments through his own investment management firm, Delta Management, Inc.

Peter and his wife Judy maintain homes in Baltimore and Chestertown, Maryland.  They have two grown sons.

We are pleased to honor Peter Van Dyke for his dedication to the marine profession and to his Alma Mater, Webb Institute.