FLORENCE, S.C. – The John Kassab Chair in Business has been established at Francis Marion University by Adele B. Kassab, in memory of her husband.
A ceremony announcing the chair was held Sept. 9.
The chair will be endowed in the amount of $100,000. The purpose of the chair is to honor a current or future member of the faculty of the School of Business for academic excellence, integrity and professionalism in their field.
The chair is expected to be awarded in August 2004 and may also be used as a recruiting incentive for new faculty members in the School of Business.
John Kassab, who died last year at the age of 91, was one of the founding fathers of FMU. His leadership was instrumental in the South Carolina legislature’s decision in 1969 to create a four-year college to serve the higher education needs of the Pee Dee.
Kassab served as chairman of the Building Committee for the J. Howard Stokes Administration Building, the first structure added to the FMU campus. He and his wife, Adele, helped establish the Friends of Francis Marion University, an organization dedicated to helping the university through scholarships for its students and other aid.
He also served as chairman of the Patriots Brigade (now known as the Swamp Fox Club), whose main goal is to raise money for athletic scholarships. He was an emeritus member of the FMU Foundation Board. The university’s tennis courts are named after him, and he received an honorary Doctor of Humanities degree from FMU in 1999.
“The John Kassab Chair in Business is just the latest example of the Kassabs’ unmatched commitment to Francis Marion University,” said FMU president Fred Carter. “Since the inception of the university, the Kassabs have been among FMU’s most ardent supporters through financial gifts, volunteer efforts, and numerous other contributions. John and Adele truly helped build Francis Marion and we are most fortunate to have such dedicated benefactors.”
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