Board establishes professorships
and names buildings
At its Jan. 31 meeting, the Board
of Visitors established seven new professorships in business
and law, bringing the number of endowed chairs to 419.
the estate of the late David A. Harrison III, one of U.Va.s
most generous benefactors, five professorships will be created
in the School of Law, to which Harrison left $34.8 million. The
bulk of the money will be used to attract and retain the nations
best law teachers to fill the David and Mary Distinguished Professorships.
Additional funds will boost three of the oldest endowed chairs
at the law school, named for James Madison, James Monroe and John
The other two new professorships established in the Darden School
are the Leslie E. Grayson Professorship in Business Administration
and the Killgallon Ohio Art Professorship in Business Administration.
William C. Killgallon, who attended Dardens Executive Program
in 1976, started the company that makes the popular "Etch
a Sketch" toy. His son, Martin, who is now chief executive
officer of the company, earned his MBA from Darden in 1972.
who taught in the Darden School from 1971-98, specialized in international
business management. Former students, friends and associates contributed
to the Grayson Chair.
board approved naming the recently completed Darden building,
which houses a 500-seat auditorium, a new dining room and offices,
after the founder of the school, Charles Cortez Abbott. Abbott
served as dean from 1955, when the school opened its doors in
Monroe Hall, until he retired in 1972.
alumnus George David, who graduated in 1967, donated the lions
share of the funding for the building project and wanted to name
it after Abbott.
Darden School proposed naming the new wing east of the Darden
library the Ray C. Smith Alumni Hall, after one of Dardens
most dedicated teachers and administrators. Smith, who joined
the faculty in 1961, taught almost all of Dardens alumni.
He served as interim dean three times, has been an associate dean,
executive director of the Darden Foundation and a professor teaching
in five academic areas. Smith earned his MBA from Darden in 1958,
a member of the second graduating class. He will retire this spring.