University of Alabama Receives $15 Million for Business School

University of Alabama Receives $15 Million for Business School

The University of Alabama has announced a gift of stock valued at $15 million from Lockheed Martin president and CEO Marillyn A. Hewson and her husband, James, in support of its Culverhouse College of Business.

The largest one-time gift to the university in its history follows a $5 million gift from the couple last year in support of the Marillyn Hewson Faculty Fellows Program in Data Analytics and Cyber Security, a high-tech data analytics and cyber security lab, and an endowed undergraduate scholarship and graduate assistantship. Hewson, who earned both a bachelor's and master's degree at the university, is also a member of the Culverson College of Business board of visitors and the UA president's cabinet.

"I am deeply thankful for the strong business education I received at the University of Alabama," said Hewson. "That education helped prepare me for many of the challenges and opportunities I've encountered throughout my career — from the day I joined the company as an industrial engineer to my current role as CEO."

"Hewson Stock Gift to University of Alabama Is Largest in UA History." University of Alabama Press Release 07/30/2018.