(February 26, 2016, East Lansing, Michigan) A $1 million gift to Michigan State University’s Broad College of Business will be used to create a named professorship in The School of Hospitality Business.
The gift is being pledged by MSU alumni John Duffey and Becky Duffey. John Duffey is the recently appointed president and CEO of Six Flags Entertainment Corporation, the world’s largest regional theme park company.
“We are pleased to support the business college with a named professorship. It is vital in this challenging and competitive environment for alumni to step up and give back to Michigan State University,” said John Duffey, who received a bachelor’s degree in accounting in 1982. “As proud alumni and parents of a current MSU student, we understand that attracting and retaining the best educators is key to attracting and developing the next generation of business leaders.”
John and Becky Duffey – a 1982 graduate in medical technology – are known philanthropists, having given to educational causes, MSU sports and to foundations that support children with autism and other developmental disabilities.
“John and Becky epitomize what it means to be a Spartan. They are extremely generous philanthropists, they are leaders in our community, and they are humble and gracious in all that they do,” said Sanjay Gupta, Eli and Edythe L. Broad dean of the business college. “Their investment shows confidence in the work of the College of Business and will allow for the top-ranked hospitality school to continue its tradition of having the best professors in the business.”
“What a wonderful opportunity this is for The School of Hospitality Business. We are so grateful to the Duffey family for their generous support of our educational efforts,” said Michael McCall, School Director and National Automatic Merchandising Association Professor in Hospitality Business.
MSU is seeking to establish 100 new endowed chair positions in order to retain and attract the next generation of faculty through the Empower Extraordinary campaign, a $1.5 billion capital campaign publicly launched in the Fall of 2014. To date, the College of Business has raised more than $105 million in the campaign, with $15.3 million dedicated to create endowed faculty positions.
“We believe we can accelerate our impact at MSU and beyond by establishing additional endowed faculty positions,” said MSU President Lou Anna K. Simon. “Our faculty are the essential resources in all that we do and we are grateful to the Duffeys for this new gift which will contribute to MSU’s growth and innovation in hospitality business.”
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