Giving Back
Alum
establishes a
$300,000
Scholarship
Fund

A $300,000 gift from John “Jack”
Lavery, a member of the Graduate
School Class of 1970 established the
Jack W. Lavery Scholarship Fund. The
funds shall be disbursed annually to
provide scholarship assistance for
outstanding College of Business,
Public Policy and Health undergraduate
and graduate students with
a concentration in economics.
Jack’s outstanding business career
was highlighted by his roles at Merrill
Lynch & Co.: Chief Economist for the
Firm worldwide, & S.V.P. and
Director of the Global Securities
Research and Economics Division.
Jack also ran the Global Equities
business at Merrill Lynch & Co. He
retired in 2000, and formed an
economics and financial markets
research and presentation firm,
Lavery Consulting Group, L.L.C. He
is also Chair of the Maine Business
School Advisory Board.
Alum Pledges $100,000 for
Campaign to Establish Endowed Professorship
in Honor of Dennis McConnell
Jay Cromarty graduated from the University of Maine nearly 30 years ago. But the Boston financial services executive still remembers his finance professor for his intellect, good humor and expertise.
Now Jay is spearheading an effort to raise $1 million to create the Dennis McConnell Professorship and has helped to get the ball rolling by making a generous pledge of $100,000 through the Office of University Development.
"Mac was someone who made a lasting impression," says Jay, Class of ‘78, and president of the Eastern Region, Boston Private Financial Holdings. "He was a dynamic speaker and he had a great sense of humor. He clearly was having so much fun teaching and this came through. Finance can be a very dry subject, but he brought it to life. He helped propel a number of us into the field of finance."
Other alums also like the idea of honoring Professor McConnell who retired in 1995 after nearly 20 years at UMaine. He now lives in Surry with his wife, retired Professor Virginia Gibson. Although business majors Ed Keefe '86 and Scott Duggan '87 didn't have him as a teacher, they contributed generously toward the professorship -- which will be held at the University of Maine Foundation -- and have become members of the Stillwater Society. Read More
Alumni Giving
DONORS TO DATE:
Dennis McConnell Professorship
Ed Keefe ’86 $25,000
Jon Sorenson ’86 $25,000
Dick Roderick ’85 $25,000
Matt McHatten '90 $5,000
Jay Cromarty '78 $100,000
Scott Duggan '87 $25,000
Troy Harding '84 $25,000
Advisory Board Additions

Edward J. Keefe '86, CFO
M/C Venture Partners

Jon Sorenson '86, Partner
Competitive Energy Services
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