New Endowed Chair
New Endowed Chair Created, Will Bolster Global Business Studies
The University of Redlands is pleased to announce the creation of the University Endowed Chair in Global Business. The new chair, which marks the 20th such position at Redlands, was made possible by a $2 million gift from generous alumni Rich and Ginnie Hunsaker ’52.
The creation of this new chair will fund a full-time professor in the Global Business program. An endowed chair is the highest level of academic distinction that a university can bestow upon a faculty member, and it is expected to be filled by fall 2012, after an external search.
The Endowed Chair in Global Business marks a major commitment to the program and is also a milestone in the support for Redlands’ faculty and in the life of the University, said President James R. Appleton.
“This gift is a tremendous investment in the University and validation of the importance and success of the Global Business program,” said Appleton. “It will have tremendous impact on the program.”
The University’s Global Business program, directed by Professor Jack Osborn, prepares students for a career in international business, public and not-for-profit service, as well as graduate study in disciplines such as law, finance, business, and government. The University's language programs in Chinese (Mandarin), French, German, Japanese and Spanish support the program, and students are required to master a second language and to study abroad for at least one semester.
Global Business students frequently receive highly competitive internships and awards for international study and exploration, including Fulbright scholarships. Three of the University’s prestigious Fulbright student scholars in recent years have been Global Business graduates, and another program graduate placed second in the United States’ China Bridge Competition, a major competition sponsored by the Government of China.
Founded in 2004, graduates of this program now work for many of the world’s top corporations or have been accepted to leading graduate schools in the U.S. and abroad, including Cambridge University, the London School of Economics, Harvard, Stanford and UCLA law.
“Ginnie and I were moved to create this chair out of an interest in making the Business Department an even bigger attraction for new students, my respect for Professor Jack Osborn, and the continuing improvements in the department brought about by the Business faculty members,” said Rich Hunsaker.
Rich and Ginnie Hunsaker have been instrumental in the growth of the University both as an institution and as a community. Rich Hunsaker has served as chairman on the Board of Trustees and both Rich and Ginnie were chairs on the $100 million Centennial Campaign.
The Hunsaker’s long-time support has made possible the Hunsaker Center, which contains the Irvine Dining Commons and is the hub of Student Life, the Hunsaker Chair of Management held by Professor Osborn, and many scholarships currently helping students to attend the University.