SMU announces two new gifts for endowed faculty positions

Al Niemi

SMU announces two new gifts for endowed faculty positions

Two new gifts to SMU totaling $3.5 million will create two new endowed faculty positions in two schools.

A gift of $2.5 million, made through the Texas Methodist Foundation, will establish the Susanna Wesley Centennial Chair in Practical Theology in Perkins School of Theology. A gift of $1 million from two SMU alumni will establish the Janet and Craig Duchossois Endowed Professorship in Management and Organizations in Cox School of Business.

The new gifts were announced Friday, Nov. 14. 2014 at a campus event honoring donors of endowed faculty positions.

“Increasing the number of endowed faculty positions at SMU is a major goal of our Second Century Campaign,” said SMU President R. Gerald Turner. “These two new gifts for faculty positions in the theology and business schools move us closer to our goal of achieving 110 endowed faculty positions by the end of the campaign in December 2015. We are grateful to all of the donors who have helped us add to the strength of the SMU faculty by supporting this goal.”

Perkins Chapel at Southern Methodist UniversityThe Susanna Wesley Centennial Chair in Practical Theology honors the woman referred to as “the mother of Methodism.” Her sons, John and Charles Wesley, led a revival within the 18th-century Anglican Church that sparked the emergence of the Methodist Episcopal Church in the American colonies. Historians point to her “practical theology” as a source of inspiration for her sons.

The Texas Methodist Foundation, which conveyed the gift, provides grant and stewardship services that advance The United Methodist Church and Christian ministries.

The chair’s “Centennial” designation represents a gift that includes operational funds to provide immediate impact while the endowment matures. The Wesley Chair commitment includes endowment funding of $2 million and annual operating support of $100,000 for the first five years. These operating funds will make it possible to fill the chair in the next academic year.

“The discipline of practical theology helps students reflect on and formulate conclusions about the various fields of theological inquiry as they relate to one’s practice of ministry,” said Perkins School Dean William Lawrence. “Perkins School of Theology graduates are facing an ever-changing world of ministry opportunities. Helping students think theologically in ministry settings is essential for successful pastors and Christian workers.”

SMU Cox School of BusinessThe Janet and Craig Duchossois Endowed Professorship in Management and Organizations is designed to strengthen the Cox School of Business in an area of increasing importance to corporations and other types of institutions.

“The Department of Management and Organizations in the Cox School offers students tools to succeed in a globally competitive environment,” said Cox Dean Al Niemi. “The increased faculty strength provided by this new professorship will enable more students to develop skills that help prepare them for future leadership in the business world.”

Janet and Craig Duchossois earned B.B.A. degrees from SMU’s business school in 1966 and 1967, respectively. Craig also earned an M.B.A. degree from SMU in 1968. he is CEO of The Duchossois Group, Inc., which deals in commercial and residential access control. Mr. Duchossois was honored in 2002 with the Cox School’s Distinguished Alumni Award. Janet previously owned an interior design and home furnishings business..

The Wesley Centennial Chair and the Duchossois Endowed Professorship bring the total to 40 endowed faculty positions established during SMU’s Second Century Campaign. SMU now has 102 fully endowed faculty positions toward its goal of 110, which includes positions previously endowed throughout the University’s history.

> Read the full story from SMU News

November 20, 2014|News, Year of the Faculty|

OE2C: Procurement Initiative begins cost-saving work

Project SMU: Operational Excellence for the Second Century (OE2C) has assembled a Procurement Initiative team tasked with saving the University millions of dollars each year.

The team, chaired by Cox Dean Al Niemi and Vice President of Student Affairs Lori White, began work on Nov. 6, 2014. The initiative’s goal is to help the University realize $11-15 million in annual savings through both quick savings in a few specific spending categories and a redesigned purchasing organization.

Terry Conner, director of Purchasing and Accounts Payable, will serve as project manager and will collaborate with a committee comprised of these SMU contributors:

  • Catherine Collins (Cox School of Business)
  • Donna Cotter (Central University Libraries)
  • Patrick Cullen (Campus Services)
  • Windy Epperson (Accounts Payable)
  • Ellen Frost (Bridwell Library)
  • Cathy Heckman (Purchasing)
  • Mary Hollerich (Central University Libraries)
  • Abby Kinney (Office of Information Technology)
  • Dawn Norris (Student Life)
  • Anel Reyna (Office of Information Technology)
  • Justin Trombold (Simmons School of Education and Human Development)
  • Carmela Wells (Grant and Contract Accounting)

> More information at the SMU OE2C blog

November 18, 2014|News, OE2C|

The Economist ranks Cox E.M.B.A. program in top 20 globally

SMU Cox School of BusinessThe SMU COX Executive M.B.A. is ranked at #18 in The Economist magazine’s first-ever Executive M.B.A. (E.M.B.A.) rankings survey. The results were released Friday, July 19, 2013. The Cox School of Business ranks in the top 20 out of 62 global business schools.

Tom Perkowski, assistant dean of the Cox Executive M.B.A. Program, credits its success to the leadership and vision of Cox Dean Al Niemi and Associate Dean of Graduate Programs Marci Armstrong.

“Their leadership, coupled with the Executive M.B.A. team’s high energy, customer service and constant pursuit of excellence has resulted in recruiting the highest quality Executive M.B.A. students,” says Perkowski. “These students take advantage of the increasing program resources and move into more successful roles after graduation.”

The business school data portion of the survey was conducted in winter 2013, and questionnaires were distributed to students and alumni of the last three graduating classes. The programs were ranked on two broad measures: personal development/educational experience and career development, with both categories equally weighted and each consisting of 27 subcategories. Those included such factors as the quality of students and faculty, student diversity, the percentage of students promoted after graduation, student and alumni networking potential and average alumni salary increases.

The Cox School is one of four Texas-based business schools included in this new Executive M.B.A. ranking. The Economist plans to make it a biennial rankings survey.

> Visit SMU’s Cox School of Business online at cox.smu.edu

July 29, 2013|News|

Tune In: New York Stock Exchange rings closing bell at SMU

SMU’s Cox School of Business hosted the New York Stock Exchange for a series of events on the global economy April 20, 2011. Duncan Niederauer, CEO of NYSE Euronext, joined Cox Dean Al Niemi for class visits and discussions with students and executives on issues facing publicly traded companies.

The day culminated with Niederauer and members of the SMU community ringing the ceremonial stock exchange closing bell from the Cox courtyard. Click the YouTube screen to see the event on video, or open the SMU Cox NYSE closing bell video in a new window. video

April 27, 2011|Tune In|

Cox School to host NYSE and ring the Stock Exchange closing bell April 20, 2011

New York Stock Exchange BellOn Wednesday, April 20, SMU’s Cox School of Business will host the New York Stock Exchange for a series of events on the global economy.

Duncan Niederauer, CEO of NYSE Euronext, will join Cox Dean Al Niemi for class visits and discussions with students and executives on issues facing publicly traded companies.

The ceremonial stock exchange closing bell will be rung from the Cox courtyard at 3 p.m. local time. The entire SMU community is invited to attend.

> Find a complete schedule of the day’s events
> Watch the ringing of the closing bell from the Cox School via live webcast
> Learn more about “The Bell” (left) from the NYSE website

April 20, 2011|News, Tune In|
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