Volume 52, No. 30
GBS receives $10M gift
By Jim Elliott
The Goizueta Business School has received a $10 million gift from the Goizueta Foundation to provide scholarships and endowed chairs to enhance the intellectual capital of the school.
"This is a splendid example of the wonderful, continuing relationship between Mrs. Goizueta, the Goizueta Foundation, the Coca-Cola Company and Emory," said President Bill Chace. "It's a reminder of the legacy of Roberto Goizueta and his leadership at the Coca-Cola Company."
"Atlanta is a world-class city and deserves a world-class business school," said Olga de Goizueta, widow of Roberto Goizueta and chair of the executive committee of the Goizueta Foundation. "That was Roberto's dream and vision."
Business Dean Tom Robertson said, "These scholarships are an investment in the business leaders of the future, and the chairs will allow the Goizueta School to attract world-class faculty in a highly competitive market."
"Mrs. Goizueta has provided inspired leadership as the chair of the executive committee of the Goizueta Foundation," said Bill Fox, senior vice president for Institutional Advancement. "Her compassion and dedication are allowing the Foundation to make a difference in the Atlanta community and most certainly at Emory."
The University changed the name of the school in 1994 to honor Goizueta, former chairman and CEO of the Coca-Cola Company. In 1998 the school received a $20 million gift from Goizueta's estate and another $20 million gift in his honor from the Woodruff Foundation.
This gift from the Goizueta Foundation is the lead gift in a $50 million fundraising initiative spearheaded by John Spiegel, chief financial officer of SunTrust. Among the projects to be supported are the establishment of faculty chairs, scholarships, a new Ph.D. program and new research centers to bring business thought leaders to Atlanta and produce knowledge that will help executives around the globe.
Bradley Currey, chairman of the Emory Board of Trustees, said, "I know the business community is excited to see Roberto's vision of an outstanding business school in Atlanta becoming a reality."