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Giving Back


Alum establishes a $300,000 Scholarship Fund


Jack Lavery

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


Dennis McConnellProfessor Dennis McConnell

In this Issue:
... Salutatorian Selected for Fellowship
... MBS Named One of World's Best
... Faculty Spotlight
... Faculty News
... Student News
... Honors & Awards
... Marketing Assoc. Semifinalist

... Student Named Truman Scholar
... Alum Receives Business Award
... Alumni Giving Back
... MBSConnects Home

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

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

Jon Sorenson
Jon Sorenson '86, Partner
Competitive Energy Services


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MBSConnects
College of Business, Public Policy and Health
Edited by Wendy Haehnel
Phone: (207)581-1926 | wendy.haehnel@maine.edu


The University of Maine
, Orono, Maine 04469
207-581-1110
A Member of the University of Maine System