Rosamond and Richard Ivey give to Ivey for a leader character chair and an AI in business chair

Rosamond Ivey, HBA’82, LLD’18, and Richard W. Ivey, HBA’72, LLD’13, have made new gifts to Ivey Business School, continuing a family connection of nearly 80 years and three generations. With Ivey’s $5 million Dean’s Chair Match, the investment totals $13 million.

Rosamond directed $2.5 million to a Chair in Leader Character within the Ian O. Ihnatowycz Institute for Leadership and $500,000 to the Western Fund. She says her interest began after reading about Stephen Jarislowsky’s initiative to fund chairs in trust and political leadership and an article about the Institute, which Ian Ihnatowycz, MBA’82, LLD’13, founded after the 2008 financial crisis.

Richard’s $5 million gift creates the Richard W. Ivey Family Chair for AI in Business, with a research and outreach fund, a teaching scholar, postdoctoral fellows and an AI Enhanced Learning Innovation Fund. He wants Ivey to become a thought leader in AI in business. He says Ivey’s case method teaches judgment, persuasion and resilience, areas AI does not reach.