2008 Woodie Awards
Jack Welch gives name to College of Business
Adam Kagdis, News Editor
Issue date: 2/2/06 Section: News
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"I am not retiring," said Cernera. "Jack Welch gave his name to our college of business."
Sacred Heart University's College of Business was officially named for the former Chairman and CEO of the General Electric Company, John F. Welch, Jr.
The event was an "extraordinary moment at SHU," said Cernera revealing the news.
"What do we do when we give our name?" said Cernera, "We give ourselves."
Linda McMahon, a member of the university's board of trustees, accompanied Cernera and Welch onstage. She introduced Welch as being "internationally recognized for having an eye for quality."
Identified throughout the world of business simply as "Jack," he was associated with GE, whose headquarters is around the corner from campus, for 41 years.
"When I think of you students, I think of myself. We have our nose against the glass sometimes...Grab every minute of it," said Welch.
Students are thrilled with the new opportunties they will be awarded.
"It is great because it will give us a good name. Also, it will be another aspect of this university that will attract prospective students to this community," said Amanda Martin, senior, Casbo, Maine.
Fortune magazine has called him the Manager of the Century, and Business Week dubbed him "one of the greatest innovators of the past 75 years."
As part of his commitment to the University, Mr. Welch has volunteered to be actively involved with the John F. Welch College of Business through ongoing advice and guidance.
"I would like to thank you [Welch] personally for what you have made possible," said Dr. Steven Brown, dean of college of business, "Every resident of Fairfield County owes you gratitude."
He will assist the college as it continues its mission of providing students access to a top-quality education and preparation for careers in business.
"I think it is going to help students looking for jobs after college and it is also going to help build the graduate program at this school so it can compete with the larger universities," said Matt Holler, junior, North Arlington, N.J.
Further, he is providing the largest gift in the University's history to assist students in financial need and to foster faculty development and research.