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The Daily Cardinal Est. 1892
Tuesday, November 28, 2023

Business School receives $5 million gift

Two UW-Madison alumni announced a combined donation of $5 million to the School of Business earlier this month. 




Michael Lehman, vice-president and chief financial officer of Sun Microsystems, is donating $4 million, and David Grainger, senior chairman of W.W. Grainger, is giving $1 million to the school to help recruit and retain faculty. 




The gifts will fund a program called the \Life Cycle Model for Faculty Support,"" which offers benefits packages designed to meet faculty needs at different points in their careers. 




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The program has already hired four new faculty members and successfully retained a fifth who had received other job offers. 




""These gifts enable us to be more aggressive in hiring and retaining faculty,"" outgoing Buiness School Dean Andrew Policano said in a statement. 




Grainger, who donated $10 million toward the construction of the Business School building that bears his name, is a 1950 graduate of the UW-Madison School of Engineering. Lehman received an undergraduate business degree from UW-Madison in 1974.

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