Online shopping giant Amazon has committed $750,000 toward a business professorship at the University of Tennessee’s Haslam College of Business following the announcement of a new Amazon delivery center coming to the city, according to a report by local ABC affiliate WATE.
The $750,000 gift from Amazon will be matched by the Haslam family for a total endowment of $1.5 million. The distinguished professorship will support faculty efforts in the area of business analytics and data science.
“We are very excited to continue developing the relationship between Amazon and the Haslam College of Business,” said Steve Mangum, Haslam College dean. “We find it to be a natural partnership, combining our faculty’s expertise in data analytics with the rapidly growing industry demand for graduates with such technical skills.
“Amazon’s investment in our faculty will have a transformative impact on education and research here at the state of Tennessee’s flagship business school. In turn, it will allow us to further build our capacity to prepare students to excel in an increasingly competitive field and supply an excellent pipeline of talent for corporations such as Amazon in hiring future business leaders.”
Richard Driehaus, DePaul alum and business school namesake, dies at 78
Richard Driehaus, a DePaul alumni whose giving spirit led the university to rename its business school in his honor, died Tuesday at 78, the university confirmed Wednesday.
“Richard was an inspirational member of the DePaul University community who devoted so much of his life’s focus to the university and our students,” DePaul President A. Gabriel Esteban said in a statement. “His was the quintessential DePaul story – a son of the South Side of Chicago who learned the value of work early as a newspaper delivery boy.”
Driehaus was born in Chicago and earned both bachelor’s and master’s degrees in business from DePaul in 1965 and 1970, respectively. Upon graduation, he worked in institutional trading at A.G. Becker before founding Driehaus Capital Management LLC in 1982, the Chicago Tribune reported.
In 2012, Driehaus donated $30 million to DePaul’s business school, the biggest donation the university had ever received at the time.
Northeastern identifies D.C.-area campus location for classes & federal contracts
Boston-based Northeastern University is looking to open a campus in Rosslyn, not only to host graduate-level classes but also to grow its nearly $160 million federal contract and grant portfolio, according to a Washington Business Journal report.
“The university intends to occupy at least 17,360 square feet on the 14th floor of Washington Real Estate Investment Trust’s Arlington Tower, 1300 17th St. N,” the Journal reports. “It’s seeking Arlington County’s approval to designate roughly half of the space for educational use, according to a letter submitted by Matthew Weinstein, a land-use attorney with McGuireWoods LLP, which is representing both Northeastern and WashREIT in the zoning request.
“The remainder, about 8,860 square feet, would be used to advance Northeastern’s ‘defense-based’ programs and research, which will benefit ‘from close proximity to government customers,’ Weinstein wrote in the permit application. ‘This research portion of NU’s operation will include program management, contracting, finance management and execution of those programs.’”