Alumni, Whirlpool Gift $2M to Kelley School

Posted: Updated:
Marcia and Jeff Fettig (photo courtesy Indiana University) Marcia and Jeff Fettig (photo courtesy Indiana University)
BLOOMINGTON -

A pair of gifts totaling $2 million will support various initiatives at the Indiana University Kelley School of Business. The Michigan-based Whirlpool Foundation has donated $1 million, which is being matched by IU alumni Jeff and Marcia Fettig.

Jeff Fettig is the former chief executive officer of Whirlpool Corp. (NYSE: WHR), where he remains as chairman of the board. IU says the funding will not only boost the Kelley School's efforts to attract and retain top talent, but also provide scholarships and strengthen the school's initiatives in digital intelligence and social entrepreneurship.

"In our rapidly changing global economy, it's vital that the Kelley School and their faculty are among the thought leaders, pushing students forward toward the boundaries of business thinking and intellectual curiosity," Jeff Fettig said. "This was very true when Marcia and I graduated and is even more true today. On behalf of us both, it is in recognition of the positive role IU played in our lives that we together are pleased to give back to help the students of today realize their own dreams of tomorrow."

IU says the gifts will support a faculty leadership program, which it says will help the Kelley School remain competitive in an "increasingly aggressive academic area." The funding will also support the school's recently-launched Digital Intelligence Initiative, which prepares students for careers involving emerging technological innovations, such as cloud computing, augmented reality and Internet of Things.

A portion of the gifts will also support scholarships for undergraduate and graduate students in the Kelley Direct online MBA program. There will be a preference for undergraduate students from Tipton County, where the Fettigs grew up and Berrien County, Michigan, which is the home of Whirlpool.

Marcia Fettig graduated from IU in 1978 and received her master's degree in 1980. Jeff Fettig graduated from the Kelley School in 1979 and earned his MBA in 1981. He spent 13 years as CEO of Whirlpool before retiring from the position last year.

  • Perspectives

    • #MeToo, Bullying And What We All Can Do Now

      Indeed, it is an interesting time with so much continuing to come out in Hollywood, the media, other industries, and even our state government related to the sexual harassment of women - women who have remained silent for years. Like those women, I too have been harassed in various ways over the course of my career, even in recent years - and yes, even in top leadership roles. The headline about my departure or the email citing that I was moving on never fully told the real story.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • U.S. Steel 'Renaissance' Spurs $750M Gary Works Investment

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has announced a $750 million investment in its Gary Works operations. The company says the funds are part of a $2 billion asset revitalization effort that will take place over the next five years. Last year, U.S. Steel detailed plans that involved pumping $35 million into Gary Works, which followed the $23 million first phase of its Hot Strip Mill Restoration Plan. The latest investment, the Indiana Economic Development Corp. says...

    • Geovani Bonilla

      IU Health Plans Names VP

      Geovani Bonilla has joined Indiana University Health Plans as vice president of medical operations. He previously served as director of utilization management for Johns Hopkins Healthcare.

    • Fort Wayne Radio Icon Butcher Passes Away

      A fixture in the Fort Wayne radio scene has passed away. Charly Butcher spent more than 30 years in Fort Wayne radio with a successful morning show on WMEE-FM and, most recently, as host of "Fort Wayne's Morning News" on WOWO radio. Butcher was 61. Butcher was part of WMEE's popular "Those Two Guys In The Morning" show with Tony Richards in the 1980s. He joined WOWO in the mid-2000s as host of "Fort Wayne's Morning News With Charly Butcher."

    • (photo courtesy City of Fort Wayne)

      Report: One Developer Meets 'North River' Deadline

      A deadline for development plans for a former OmniSource Corp. site has passed with only one group entering a submission. Our partners at WPTA 21 report Minnesota-based Continental Property Group and multiple other groups have shown interest for the now city-owned "North River" property during recent months, but only CPG met Tuesday's deadline. WPTA 21 reported earlier this year CPG and Fort Wayne-based Designed Collaborative had suggested a potential concept that included...

    • Salesforce Begins Pathfinder, Reorganization Efforts

      Salesforce.com Inc. (NYSE: CRM) is underway with the first cohort of its Pathfinder Training Program that is part of the tech giant's ongoing Indianapolis growth. The company is partnering with Deloitte to provide business and technical training to Ivy Tech Community College students and Hoosier veterans looking to become Salesforce administrators and developers. The program comes as the company realigns its Marketing Cloud organization. In a statement, Salesforce says it...