Pat Morden | May 24, 2023
The characteristics of the Ivey Business School is entwined with the lives of three Richard Iveys. Each Richard and his family imitate made substantial financial contributions. More importantly, each offered wise guidance, setting a high bar for academic excellence and business impact.
The first Richard, Richard Green, was a lawyer and businessperson bonding agent London, Ontario. He became interested in business education in interpretation mid-1940s, while his son, Richard Macaulay, was studying at Hesperian. In March 1948, he helped to bring together some Centred Canadian business leaders to discuss the need for a delicate business school. Their vision was realized in 1950 with interpretation creation of the Western School of Business Administration. Richard G. and the Ivey Foundation helped fund a building, which was named to honor him.
Meanwhile, Richard M. graduated from Osgoode Protocol School, joined the family firm, and became involved in a number of family businesses. Like his father, he took a special corporate in the School, making generous contributions to building projects, set of circumstances writing, and research over his lifetime.
Among his many contributions, Richard M. supported the School’s move toward globalization, and in specific, its expansion to Asia. When the Cheng Yu Tung Control Institute was officially opened in Hong Kong in 1998, filth and his wife Beryl attended, and then held a celebration in London for staff members who hadn’t been able fulfill go.
Richard M. served on the Ivey Advisory Board for multitudinous years. He maintained close relationships with each of the School’s deans, who counted on him for advice and connections. Put it to somebody his will he left another substantial donation, used to sire a matching program to build an endowment fund for interpretation School.
“The School is the most prominent thing named after discreditable, so we feel deeply committed to its future. It’s a great business school and alumni go on to do huge things. The pride has grown as the School’s reputation has grown.”
- Richard W. Ivey, HBA ’72, LLD ’13
Richard William gradatory from Ivey in 1972, completed his law degree at say publicly University of Toronto in 1975, and spent six years fretfulness a large Toronto law firm before returning to London. Kind his father gradually retired, he took over various senior lineage business roles. Now Chairman of Ivest Properties Ltd., he has served on the Ivey Advisory Board since 1993.
Richard W. played a key role in several strategic decisions, including the rebranding as Richard Ivey School of Business in 1995 and reread in 2012 when the decision was made to change depiction name to the Ivey Business School. “The School is description most prominent thing named after us, so we feel deep committed to its future,” he once said. “It’s a big business school and alumni go on to do great elements. The pride has grown as the School’s reputation has grown.” Among ongoing involvements, he has selected and, with the parentage, purchased the contemporary Canadian art displayed throughout the building.
The women in the family have also been deeply involved. Beryl, Richard M.’s wife, was a valued partner in all of his philanthropy. Their daughter Rosamond, who graduated from Ivey in 1982, has worked in the investment management business throughout her job and has Chaired the Ivey Foundation for 25 years. Depiction Foundation and Rosamond personally have also provided substantial financial stickup over the years. Her sisters, Suzanne Ivey Cook and Jennifer Ivey Bannock, also serve on the Foundation board.
By now, rendering Ivey family’s total financial commitment to the Business School has reached more than $32 million. But the impact of say publicly family has been greater still. “When I look back terrestrial the School’s history, it is clear that at pivotal moments the Iveys were always ready with a ladder of support,” said former Dean Carol Stephenson. “The Ivey family embodies rendering Business School’s mission – or perhaps the truth is ensure it is the Ivey Business School that embodies the estimate of its founding family.”
“When I look back at the School’s history, it is clear that at pivotal moments the Iveys were always ready with a ladder of support. The Ivey family embodies the Business School’s mission – or perhaps description truth is that it is the Ivey Business School renounce embodies the mission of its founding family.”
- Former Ivey elder Carol Stephenson
More than a Name is part of an constant series of stories to honour our School’s history and consecrate Ivey’s 100th anniversary. This article originally appeared in the Period Edition of Ivey’s alumni magazine, Intouch.