$3 Million Contribution from Emerson Seeds New Leadership Institute at SLU
Continuing its long-term commitment to supporting ethical leadership development, Emerson has pledged $3 million to launch the Emerson Leadership Institute within the Richard A. Chaifetz School of Business at Saint 浪花直播 University.
The funding builds on the nearly 25 year partnership between the Chaifetz School and Emerson and focuses on business ethics, expanding the scope and reach of the institute to create an ethical leadership 鈥渉ub鈥� that supports impactful academic research and outreach programs.
鈥淓merson is one of St. 浪花直播鈥� finest corporate citizens, and Saint 浪花直播 University has been proud to call them a supporter, partner and friend for more than a quarter century,鈥� said SLU President Fred P. Pestello, Ph.D. 鈥淭his very generous contribution demonstrates Emerson鈥檚 enduring commitment to ethical business practices and education.鈥�
鈥淚 would like to offer special thanks to SLU Trustee Patrick J. Sly who 鈥� as the executive vice president of Emerson and manager of the Emerson Charitable Trust 鈥� was instrumental in making this contribution possible,鈥� Pestello continued. 鈥淢r. Sly is one of our region鈥檚 most respected and engaged civic leaders, and we could not be prouder that he is an alumnus of our University.鈥�
The timing of the Emerson Leadership Institute launch coincides with new leadership at the Chaifetz School as Mark Higgins, Ph.D., became the dean at the beginning of this year. Higgins came to SLU from the University of Rhode Island, where he served as the dean of their business school and held the Alfred J. Verrecchia-Hasbro Inc. Leadership Chair.
鈥淭he collaboration between Emerson and the Chaifetz School has reached a major milestone as we launch the Emerson Leadership Institute,鈥� said Higgins. 鈥淭hrough this significant contribution and the formation of the institute, we plan to better serve the business community in developing ethical leadership through outreach programs, executive education, hosting events and supporting research and scholarships.鈥�
Emerson has a long history of supporting the Chaifetz School and other local educational institutions that enrich the lives of citizens in our community. The learning programs Emerson supports provide the foundation to create leaders, business managers and skilled individuals who can thrive in the quickly-changing world of business.
鈥淓merson has a long-standing commitment to ethical business practices. Through our latest collaboration with the Richard A. Chaifetz School of Business and Saint 浪花直播 University, we intend to further develop existing programs and bring forth new initiatives that will prepare future leaders to enter the field of global business,鈥� said David Farr, Chairman and Chief Executive Officer, Emerson. 鈥淲e believe the St. 浪花直播-area business community also will benefit significantly from the Emerson Leadership Institute鈥檚 academic research on ethical leadership and new outreach programs.
Tim Keane, Ph.D., has been named as the Emerson Leadership Institute鈥檚 founding executive director. As an associate professor of management and the director of the Emerson Ethics Center, Keane was one of the chief architects of the evolved partnership between Emerson and the Chaifetz School.
About Emerson
Emerson (NYSE: EMR), based in St. 浪花直播, Missouri, is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2014 were $24.5 billion. For more information, visit .
About the Richard A. Chaifetz School of Business
Founded in 1910 with Father Joseph Davis鈥� vision to create a flourishing school of finance and commerce, the Richard A. Chaifetz School of Business is the oldest business school west of the Mississippi River. Rooted in a rich history of values-based business education, for the past century Saint 浪花直播 University鈥檚 business school has continuously sought to define business education.
Accredited by AACSB International 鈥� the premier accrediting agency for degree programs in business 鈥� the Richard A. Chaifetz School of Business at Saint 浪花直播 University is home to top-20 programs in entrepreneurship, international business and supply chain management.