Boston-based Northeastern University announced, thanks to a $60 million donation, that it will re-name its business school to D’Amore-McKim School of Business. Two alumni—Richard D’Amore,BA’76, and Alan McKim, MBA’88 joined together to make the largest philanthropic donation in the school’s history, resulting in the first college or school to be named at Northeastern. It is the fourth-largest gift to name a business school in the U.S.
D’Amore is a co-founder and general partner at North Bridge Venture Partners, a venture capital firm based in Waltham, Mass. McKim is the founder and CEO of Clean Harbors, the nation’s leading provider of environmental, energy and industrial services.
“Northeastern has had a huge impact on me—both personally and professionally,” said D’Amore in a school news release. “I believe in making investments in winning institu-tions. Northeastern has remarkable momentum today, and under the leadership of President Joseph Aoun, I know this is a great investment. I hope that what Alan and I are doing will inspire others to do the same.”
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The two alumni met in 2004 when they teamed up to endow a professorship currently held by Pro-fessor Daniel McCarthy, a member of the business faculty at Northeastern and a mentor to both D’Amore and McKim.
“As an entrepreneur, I believe in supporting entrepreneurial institutions,” added McKim. “I strongly support the mission and current leadership at Northeastern, and I’m proud to join with Rich and make this investment. It will be an honor to have my name forever associated with this great university.”
Northeastern offers an online MBA among its five MBA degree schedule options. Accredited by the AACSB, the program offers specializations in finance healthcare management, high technology management, innovation and entrepreneurship, international management, marketing, operations and supply chain management and sustainability. The 17-course, two year program is geared toward those who are currently employed with five years of demonstrated professional experience in participation and leadership of work teams, financial and/or budgetary responsibility, and management of staff in a direct reporting relationship.
–Alanna Stage, @AlannaTweets