U-Cal San Diego's Big Backer

Businessman Earnest Rady gives the new B-school $30 million -- and his name. Plus: News from Tuck, Manchester, IESE, and more

The new B-School at the University of California at San Diego finally has a name -- The Rady School of Management. It honors Ernest Rady, a San Diego commercial real-estate executive, founder of a privately held conglomerate called American Assets, and chairman of both Insurance Company of the West and Westcorp. Rady and the Rady Family Trust donated $30 million to the school. That's the second-largest gift in the university's history and is all-important for Dean Robert Sullivan, who has been fund-raising nonstop since he left the University of North Carolina's Kenan-Flagler Business School for U-Cal San Diego a year ago.

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