A $2 million gift from SMU trustee emeritus and longtime benefactor Cary M. Maguire will endow the directorship of the University ethics center that bears his name in honor of the center’s founding director, ethicist William F. May.
“Cary Maguire’s gifts to SMU always have been transformative,” said SMU President R. Gerald Turner. “His commitment to the William F. May Endowed Directorship will position the Maguire Center for future excellence while permanently linking Bill May’s name with both the center he founded and the field to which he devoted his illustrious career.”
“SMU is committed to the teaching of ethics throughout its curriculum, and to promoting dialogue on important issues with the surrounding community,” said Steven Currall, provost and vice president for academic affairs. “Cary Maguire’s latest act of generosity will ensure that this dialogue continues in perpetuity with a talented, equally committed faculty member leading the way.”
The event also honored the Institute’s namesake, SMU Trustee Emeritus and long-time Texas oilman Cary M. Maguire.
“Cary Maguire’s foresight in establishing this Institute has not only helped shape the energy debate and the energy industry itself, but perhaps most importantly, it has shaped the lives of thousands of students who have come through these doors and now have rewarding and productive careers in the industry,” said Bruce Bullock, director of the Maguire Energy Institute since 2007, who hosted the event.
Guided by a 30-member advisory board of energy-industry leaders, the Institute has established programs for undergraduate and graduate students, as well as the industry and the community at large. They include:
Student-led graduate and undergraduate energy clubs – These organizations connect students to the industry via field trips, speakers and forums.
Academic programs – Energy concentrations are now available to both undergraduate and graduate degree candidates.
Career Placement – The Cox School places graduates in all sectors of the energy business, from Credit Suisse to ExxonMobil to Pioneer Natural Resources and beyond.
The annual L. Frank Pitts Award for Energy and Innovation – This award has been given to leaders who have exemplified innovation and leadership in the energy field. Past recipients include Ray Hunt, Larry Nichols, Mark Papa, Scott Sheffield, and this year’s winner, David Miller. Scholarships are also awarded annually in L. Frank Pitts’ name.
Active and ongoing research spanning all areas of the industry – The Maguire Energy Institute’s research and thought leadership has been able to significantly impact the current national and international energy debate.
“Cary Maguire’s original vision for this Institute back in the early ’70s was to create the premier university-based energy institute in the nation right here at SMU Cox,” Bullock said. “Thanks to Cary’s advice and counsel, along with that of SMU Cox Dean Al Niemi, Dr. Bobby Lyle and our other venerable advisory board members, we have been able to achieve that goal.”