This study uses a mixed methods approach to examine how business school deans alter the appointment status and salary structure of their faculty. In addition to analyzing interviews with deans, we examined faculty-level data for more than 200 business colleges between the 1997-1998 and 2005-2006 academic years. We find that business deans are substantially restructuring their full-time faculty toward a model of increased use of non-tenure track instructors. Deans are also changing their compensation practices so that salaries are less differentiated across academic rank and more differentiated among professors within the same rank. (Contains 3 tables and 8 footnotes.)