updated: 5/11/2010 12:11:52 PM

Business School to be Named for Key Corp. Executive

InsideINdianaBusiness.com Report

Marian University will rename its business school the Clark H. Byrum School of Business following a significant gift from Byrum, who is the president of The Key Corp. in Indianapolis. The donation amount is not being announced. Marian University says the school currently has an enrollment of 300 students.

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Source: Inside INdiana Business

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Press Release

INDIANAPOLIS –In May of 2010, Marian University received a significant gift from Clark H. Byrum for the university’s School of Business. The university will rename the school the Clark H. Byrum School of Business in his honor. The donor requested that the amount of the gift be kept confidential.

Byrum, the president of The Key Corporation in Indianapolis and an icon in the city’s business community, intends for the gift to further expand the university’s ability to provide an ethical educational and professional framework for its business students. “As a business leader, I see the advantages that Marian University students have because of the strong, faith-based curriculum at the university,” said Byrum. “It is essential in today’s world, where the unethical actions of some powerful business leaders have created suspicion and a lack of trust, that our graduates are prepared to lead with their hearts in an ethical way and with unquestionable character. I know that Marian University prepares its students to do this, and it is important to me to further that mission and help the School of Business grow and thrive.”

Byrum, whose late wife Joan was the volunteer president of Right to Life of Indianapolis for more than 20 years, is an active Catholic who is a member of the Archdiocese of Indianapolis finance council; the Equestrian Order of the Holy Sepulchre of Jerusalem; Legatus; and St. Luke Catholic Church. He has also served as a board member or chairman of American State Bank, American State Corporation, Key Life Insurance, Indiana Bond Bank, and Norcen Bank.

Marian University’s School of Business has thousands of graduates working throughout Indiana and the United States. On May 8, the university awarded business degrees to 65 students. The current enrollment in the School of Business (all programs) is 300; the largest degree programs in the school are accounting and finance. “The School of Business contributes mightily to the success of business in central Indiana and beyond,” said Marian University’s president, Daniel J. Elsener. “The impact of our students goes far beyond the skills they were trained to provide businesses. Because the curriculum in the School of Business is based on the liberal arts and our Franciscan Catholic faith tradition, our graduates also contribute leadership and fellowship in their places of business that are grounded firmly in a moral and ethical base,” continued Elsener. “We are most grateful to Clark Byrum for his generosity and faith in our approach to education.”

About Marian University

Marian University (www.marian.edu) is the only Catholic liberal arts university in central Indiana.

It is a private, co-educational school offering classes to both traditional and non-traditional students. Located two miles northwest of downtown Indianapolis, Marian University is a Catholic university dedicated to excellent teaching and learning in the Franciscan and liberal arts traditions. It is one of Indiana’s 31 independent colleges, and one of 244 Catholic colleges and universities in the United States. On July 1, 2009, Marian College became Marian University. On January 15, 2010, Marian University announced it would develop the first college of osteopathic medicine in the state of Indiana.

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