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Press Releases


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Drexel LeBow Doctoral Student Awarded $10,000 Minority Doctoral Scholarship from KPMG Foundation

Oct 24, 2011 - The KPMG Foundation has awarded Michael Paz a $10,000 KPMG Minority Accounting Doctoral Scholarship to pursue his doctorate at Drexel University. The scholarship, renewed for the 2011-2012 academic year, is renewable for up to five years at $10,000 a year.

Keating Building Company Awarded LeBow College Building Construction Contract

Sep 07, 2011 - PHILADELPHIA - September 7, 2011 - Keating Building Company, a wholly-owned subsidiary of Tutor Perini Corporation (NYSE: TPC), announced that it has been awarded a contract to construct the new LeBow College of Business building for Drexel University, located in Philadelphia. The contract amount is expected to be approximately $70 million.

U.S. Securities and Exchange Commission Chairman Mary L. Schapiro to Receive Honorary Degree

Jun 09, 2011 - The chairman of the U.S. Securities and Exchange Commission Mary L. Schapiro will receive an honorary degree at Drexel University's 124th commencement. Appointed by President Barack Obama, unanimously confirmed by the U.S. Senate and sworn into office in January 2009, Schapiro is the first woman to serve as the agency's permanent chairman. She will be honored during the ceremony for the graduates of Drexel's LeBow College of Business. The ceremony will be held on June 11 at 9 a.m.

Drexel LeBow, GIC to Host Annual Monetary & Trade Conference on Housing and Foreclosures

May 12, 2011 - Drexel University's LeBow College of Business and the Global Interdependence Center will host the 29th Annual Monetary & Trade Conference on Tuesday, May 24, 2011. The main topic of the conference will be "Is Housing Ready for a Rebound? QE2, Housing and Foreclosures: Are they Related?"

Drexel University's LeBow College of Business to Premiere New Television Commercial

Mar 13, 2011 - Drexel University's LeBow College of Business has unveiled a new television commercial for its MBA programs that will premiere on Comcast SportsNet March 24.

Sacramento MBA Alumnus Appointed to Public Post

Jan 28, 2011 - As one of the first graduates of Drexel University's Center for Graduate Studies in Sacramento in December 2010, Kyle Glankler is not wasting any time putting his newly credentialed leadership and business skills into action. He was recently appointed as a Commissioner of the Parks and Community Services Commission of the City of West Sacramento, in which he lives.

Golden Parachutes Encourage CEOs to Abandon Shareholder Interests During Takeovers, New Study Finds

Jan 25, 2011 - Golden parachutes - the typically lucrative payments made to CEOs when their company is acquired or their employment is terminated - encourage CEOs to put personal gain before shareholder interests, say scholars in Philadelphia and London. Their research shows that CEOs who have these generous severance deals are more likely to settle for lower acquisition premiums - typically selling their firms for $249 million (£158m) less, on average. The study was conducted by Ralph Walkling, a finance professor and executive director of the Center for Corporate Governance in the LeBow College of Business at Drexel University; Eliezer Fich, an associate professor of finance at Drexel LeBow and a Center fellow; and Anh Tran of the Cass Business School, which is part of City University London; he recently earned his Ph.D. at Drexel LeBow.

LeBow Professor to Present “What Every CFO Needs to Know About Healthcare Reform”

Jan 10, 2011 - This presentation by Drexel University's LeBow College of Business and the Philadelphia Chapter of the CFO Alliance will address how the recent healthcare reform legislation dramatically affects employers' responsibilities for employee health care.

Drexel Announces Its Largest Single Gift Ever: $45 Million Toward a New Building for LeBow College

Nov 16, 2010 - PHILADELPHIA (November 16, 2010)-Drexel University President John A. Fry today announced a record $45 million gift from financier and corporate executive Bennett S. LeBow toward construction of a new academic center for the College of Business, which was named in LeBow's honor in 1999.

Bike-Sharing Innovator CityRyde Launches Mobile App to Track Commuters’ Carbon Credits

Oct 04, 2010 - Leading bike-sharing innovator CityRyde, a company operating out of the LeBow College of Business Baiada Center Incubator, has announced the release of Ride Off Carbon, a mobile application that enables commuters who travel by bicycle or on foot to track the carbon reductions they achieve by not using transportation powered by fossil fuels. Ride Off Carbon is the only application that allows users to accurately track -- via real-time GPS -- the impact they are making on the environment through the use of sustainable transportation.

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