AMES, Iowa – Today, the Board of Regents, State of Iowa officially approved the first named college at Iowa State University.
“We are very pleased to have the Board of Regents’ approval to name the Debbie and Jerry Ivy College of Business,” said Interim President Benjamin J. Allen. “This is a historic day for the university as well as students, faculty, staff, alumni, and friends in the college. We are so appreciative of the Ivys incredible generosity.”
The name change comes a month after Debbie and Jerry Ivy of Los Altos Hills, California announced a $50 million commitment to the College of Business, the largest in college history.
“The Ivys’ commitment is a powerful endorsement of the college, our programs, leadership and vision for the future,” said Raisbeck Endowed Dean David Spalding. “Their gift will establish an endowed fund that will eventually provide about $2 million annually to the college for short and long-term priorities.”
Most immediately, it will build on momentum in several growing areas at the college, including entrepreneurship, business analytics, and supply chain management, which is ranked sixth in the world for research. “We are proud to have internationally-known scholars leading these programs,” Spalding said. “The Ivy gift will also provide scholarships, faculty support, and programmatic funding for those and other areas. We are very grateful to Debbie and Jerry Ivy.”
Jerry Ivy earned his bachelor’s degree in industrial administration from Iowa State in 1953 and is currently president and chief executive officer of Auto-Chlor System, Mountain View, California, where Debbie Ivy is also an active member of the executive team. Jerry has been a successful entrepreneur since before his days at Iowa State and throughout his career. The Ivys and their team have successfully grown Auto-Chlor into a national brand with more than 75,000 customers nationwide. The company provides superior cleaning solutions to the foodservice, healthcare, and lodging industries.
Previously, the Ivys made a generous gift to establish the Debbie and Jerry Ivy Chair in Business currently held by Patricia Daugherty, professor of supply chain management.
The college was established in 1984 and offers nine undergraduate majors, six master’s programs and one doctoral program with five areas of specialization. It has a record enrollment in 2017 with 4,921 students.
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