Richard Lee Wallace is an American educator and former chancellor

Chancellor

Chancellor is the title of various official positions in the governments of many nations. The original chancellors were the Cancellarii of Roman courts of justice—ushers who sat at the cancelli or lattice work screens of a basilica or law court, which separated the judge and counsel from the...

 of the University of Missouri

University of Missouri

The University of Missouri System is a state university system providing centralized administration for four universities, a health care system, an extension program, five research and technology parks, and a publishing press. More than 64,000 students are currently enrolled at its four campuses...

 in Columbia, Missouri

Columbia, Missouri

Columbia is the fifth-largest city in Missouri, and the largest city in Mid-Missouri. With a population of 108,500 as of the 2010 Census, it is the principal municipality of the Columbia Metropolitan Area, a region of 164,283 residents. The city serves as the county seat of Boone County and as the...

. He is the 20th chief executive officer of the Columbia campus and sixth since the creation of the University of Missouri System. Wallace holds bachelors and masters degrees from Northwestern University

Northwestern University

Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....

 and a doctorate in economics from Vanderbilt University

Vanderbilt University

Vanderbilt University is a private research university located in Nashville, Tennessee, United States. Founded in 1873, the university is named for shipping and rail magnate "Commodore" Cornelius Vanderbilt, who provided Vanderbilt its initial $1 million endowment despite having never been to the...

. In addition to holding the position of chancellor Wallace served on the board of directors for both the Big 12 Conference

Big 12 Conference

The Big 12 Conference is a college athletic conference of ten schools located in the Central United States, with its headquarters located in Las Colinas, a community in the Dallas, Texas suburb of Irving...

 and the NCAA Division-I Committee on Athletic Certification. He was named Chancellor Emeritus of the University of Missouri upon his retirement