2020 Darden Investors Report by Darden School of Business

2020 INVESTORS REPORT

DARDEN INVESTORS REPORT

I DON’T KNOW WHERE THE FUTURE IS HEADED. BUT I’LL BE A DA P T I V E , RE S P O N S I V E , RE S I LI E N T, P E RS I S T E N T, QU I C K A N D N I M B LE . W H E N T HI N GS C HA N G E , I ’LL C HA N GE , T O O , A N D T HAT ’ S H OW I ’LL M A K E I T. ” This quote, according to Paul M. Hammaker Professor of Business Administration Saras Sarasvathy in her Darden Ideas to Action article “Leveraging Uncertainty During the Pandemic: Lessons From Expert Entrepreneurs,” defines the attitude of adaptive entrepreneurs. This mindset guides us and inspires us as we navigate challenges like the coronavirus pandemic. We thank all who supported the Darden School in the 2020 fiscal year.

TABLE OF CONTENTS 01 LETTER FROM THE DEAN 02 LETTER FROM THE CHAIR 03 FUNDRAISING HIGHLIGHTS 04 FINANCIALS 06 YEAR IN REVIEW 24 HONOR ROLL 54 S CHOOL LEADERSHIP AND ALUMNI VOLUNTEERS

MISSION The Darden School improves the world by inspiring responsible leaders through unparalleled transformational learning experiences. Values and principles critical to achieving excellence are: Innovative and rigorous education that develops discerning judgment and the ability to act decisively Insightful research that advances knowledge and impacts practice Inclusive community, united by honor, that enables its global and diverse members to collaborate and excel Enduring relationships that support individual and organizational growth O N T H E C OV E R : Dr. Taison Bell (EMBA ’20), who graduated in December while leading UVA Health’s coronavirus response as critical care and infectious disease specialist and director of the medical intensive care unit

LETTER FROM THE DEAN

Circumstances Change, Values Persist

“Darden had to be responsive, persistent, adaptive and resilient to navigate the disruption — and you rose to the moment with us even while facing your own challenges at work and at home.”

THE POWERED BY PURPOSE CAPITAL CAMPAIGN is framed by the pursuit of excellence in all that we do, and includes four priorities: faculty support and thought leadership, scholarships and student experience, the Darden Grounds Master Plan, and the Darden Annual Fund. Had the fiscal year ending 30 June 2020 been anything close to the year we were expecting, this 2020 Investors Report would have fully focused on unpacking the campaign priorities and our progress toward them thanks to your generous support. As planned, the fiscal year began with the final stretch of the campaign’s silent phase, leading to its energized public launch in October — a truly transformational moment in the history of the Darden School. Soon after, the coronavirus pandemic struck. The circumstances required an unprecedented pivot to the virtual classroom across degree and non-degree programs; a seismic shift in the way we work and learn; and an unwavering commitment to the health, safety and well-being of our community. As the theme of this report suggests, to navigate the disruption, the School had to be responsive, persistent, adaptive and resilient — and you rose to the moment with us even while facing your own challenges at work and at home. Like no moment in my tenure as dean, I witnessed the power of our 17,000-strong alumni community to sustain hope and drive meaningful, rapid, necessary change. The 2020 Investors Report reinforces that notion as it leads you through a recap of a year marked by two momentous and radically different events: the public launch of Darden’s $400 million campaign in October and the onset of the pandemic in March. While we never lost sight of our critically important fundraising priorities, our focus in the spring and early summer recalibrated from the long-term nature of campaign goals to urgent short-term needs. We concentrated on doing what was right for our students, faculty, staff and alumni, and I believe we will emerge from the pandemic in a stronger position as a top business school set to achieve the ultimate goals of the Powered by Purpose campaign. Last year, I wrote that we have an opportunity to show the world that Darden values create value and that purpose drives progress. This year, through your responsiveness, persistence, adaptability and resilience, you proved it. Together, when the world shifted, we pivoted, and in doing so, we showed that circumstances may change but values persist. With gratitude,

Scott C. Beardsley Dean and Charles C. Abbott Professor of Business Administration

LETTER FROM THE CHAIR

Confident, Resilient and Prepared to Meet Any Moment

“Darden is more than capable of facing the current moment and excelling in the future, due in large part to the confidence and resilience of the School’s purpose-driven alumni, cultivated during our incredible experience on Grounds.”

ANY GIVEN YEAR IS DEFINED by its critical moments. How we respond determines our success. In my second year serving as chair of the Darden School Foundation Board of Trustees, that core lesson was clearer than ever. Three moments stand out. The loss of Professor John Colley, a longtime mentor for me and many others, brought the Darden community together to honor this all-time teaching legend. The historic launch of the $400 million Powered by Purpose campaign in support of UVA’s $5 billion Honor the Future campaign made us proud of all we had accomplished and all we hope to achieve. The coronavirus pandemic forced us to reconsider our priorities and what really matters. Based on what I witnessed this year, I believe Darden is more than capable of continued excellence now and in the future, due in large part to the confidence and resilience the School’s purpose-driven alumni cultivated during our incredible experience on Grounds. You met John Colley’s passing with an outpouring of support honoring his memory. You created incredible momentum for the School through generosity in the silent phase of the campaign, surpassing 50 percent of the total $400 million goal by the time the campaign launched publicly. You responded to Darden’s need to take swift action due to the pandemic, doing so with record-breaking support for the Darden Annual Fund. In every case, you took action because Darden alumni are prepared to meet — and exceed — the moment, no matter what the moment may be. The 2020 fiscal year fundraising results demonstrate that Darden graduates realize this unparalleled education experience must be preserved, and no obstacle is too big to do so. I am incredibly impressed by the School’s leadership, faculty, board members and alumni volunteer leaders who, working with the full alumni base, collectively and energetically answer the call for Darden. I am grateful to all of the donors listed in this report who took action in this unprecedented year. Thank you for your leadership as we power Darden’s purpose. Sincerely,

Bob Hugin (MBA ’85) Chair, Darden School Foundation Board of Trustees

FUNDRAISING HIGHLIGHTS

T O TA L I M PA C T O F PHILANTHROPY TO DARDEN IN THE 2020 FISCAL YEAR

11 OCTOBER 2019 Launch date of the public phase of Darden’s Powered by Purpose campaign in support of UVA’s $5 billion Honor the Future campaign

$37.1M

$355M

New philanthropic commitments to Darden from generous supporters

T O TA L I M PA C T O F PHILANTHROPY TO DARDEN THROUGH THE POWERED BY PURPOSE C A M PA I G N

$38M Total impact for Darden through the gift of David Walentas (MBA ’64) and his late wife, Jane, to the Jefferson Scholars Foundation for the Walentas Fellowship Program, Darden Jefferson Fellowship Program and Jefferson Scholars Foundation Professorship in real estate

$7.5M Matching funds unlocked for Darden through UVA’s Bicentennial Professors Fund and Bicentennial Scholars Fund

$6.1M A record-breaking sum raised for the Darden Annual Fund to support scholarships; faculty excellence; global impact; diversity, equity and inclusion initiatives; and areas of greatest need

$263M Raised in new commitments since 1 July 2013

$55M Secured in UVA Bicentennial matching funds since 1 July 2013

66% Progress toward the Powered by Purpose campaign’s $400 million goal through 30 November 2020

DARDEN INVESTORS REPORT

$82.6M

FINANCIALS

Fiscal Year 2020 Financial Results

SOURCES OF FUNDS 4%

51% Tuition and Fees: Full-time MBA, Executive MBA, MSBA and

10%

14%

Ph.D. programs

21%

Restricted Endowment Draws and Current-Use Gifts: Endowment and current-use restricted gifts from alumni, corporations, foundations and friends

14%

Executive Education & Lifelong Learning and Hospitality: Nondegree offerings, the Inn at Darden and Darden’s dining facilities

SOURCES

$138M

51%

21%

10% Auxiliary Businesses and Other: Darden Business Publishing, Darden Course Materials Management, Darden Solutions, massive open online courses and conferences

Darden Annual Fund

USES OF FUNDS

47% Student Experience: Faculty, degree programs, scholarships, career services, admissions, student affairs, technology, financial aid and the registrar

5% 11%

USE S

$138M

47%

15%

Executive Education & Lifelong Learning and Hospitality: Nondegree offerings, the Inn at Darden and Darden’s dining facilities

12%

Building and Grounds: Utilities and maintenance related to the Darden Grounds

11%

Research: Centers of Excellence (Batten Institute, Center for Global Initiatives, Institute for Business in Society, Olsson Center for Applied Ethics and Richard A. Mayo Center for Asset Management) and general faculty research support

DARDEN INVESTORS REPORT

12%

15%

5% University Assessment: Funds provided by Darden to the University of Virginia to support University-wide overhead costs

External Relations: Outreach and partnerships with Darden’s global alumni network, donors, media, corporations and other important stakeholders that advance the mission of the Darden School

4% Administration: The dean’s office, finance, human resources and compliance

2% Auxiliary Businesses and Other: Darden Business Publishing, Darden Course Materials Management, Darden Solutions, massive open online courses, University funding and conferences

FINANCIALS

ENDOWMENT 13%

35% Scholarship endowments provide financial aid for students in Darden’s degree programs.

35%

32% Centers of Excellence endowments support the Batten Institute, Center for Global Initiatives, Institute for Business in Society, Olsson Center for Applied Ethics and Richard A. Mayo Center for Asset Management.

$596M

Endowed professorships provide direct faculty support to the School.

13% Other endowments include those for other purposes, including unrestricted funds to support the dean’s highest priorities, faculty excellence and the Armstrong Center for Alumni Career Services.

32%

“As we all continue to face unique challenges during these difficult times, I am pleased that our donors are inspired by Darden’s strategic priorities to ensure the School delivers on its mission to inspire responsible leaders through transformational learning experiences.” — S cott Beardsley, Dean and Charles C. Abbott Professor of Business Administration

DARDEN INVESTORS REPORT

20%

ENDOWMENT

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Year in Review

RREESSPPOONNSSI IVVEE. .

Everybody wants to be part of something special and to be valued as a unique human being.”

DARDEN INVESTORS REPORT

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ED HESS, PROFESSOR OF BUSINESS

A D M I N I S T R AT I O N A N D B AT T E N E X E C U T I V E - I N R E S I D E N C E , I N “ W H AT H AV E L E A D E R S L E A R N E D F R O M C OV I D - 1 9 ? ” O N DA R D E N IDEAS TO ACTION

at Darden sprouts quickly from the celebrations that help close out the prior year. The summer of 2019 brought the joys of annual traditions: welcoming new faculty and students and launching new programs. It was also the time when the incredible responsiveness of donors drove unprecedented support to successfully complete the silent phase of the School’s Powered by Purpose capital campaign, prepare for the campaign’s inspiring public launch, expand events at UVA Darden DC Metro and welcome the first fellow of the new McGowan Fellows Program. A NEW FISCAL YEAR

The silent phase of the Powered by Purpose campaign was highlighted by incredible support for new scholarships and the student experience.

SILENT PHASE

Making Our Moment of the campaign was called the silent phase, Darden’s momentum sounded like a freight train. The unprecedented support for the School during the silent phase of the Powered by Purpose campaign, which took place from July 2013 through September 2019, spoke loud and clear. THOUGH THE EARLY STAGE

Bicentennial Professors Fund and Bicentennial Scholars Fund matching funds 23 new endowed faculty chairs created new scholarship endowments created 51 million from Frank M. Sands Sr. (MBA ’63), $68 unlocking $14 million from the UVA Bicentennial Professors Fund to yield a total impact of $82 million, which will: • F und 12 faculty chairs • E ndow the Sands Institute for Lifelong Learning • J ump-start construction of a new inn and conference center named in Sands Sr.’s honor • S upport the renovation of C. Ray Smith Alumni Hall by providing $7.2 million in matching funds The momentum built in the silent phase, thanks to tremendous leadership and philanthropy from alumni, gave Darden the courage to pursue bold action and secure its position as a global business school that develops values-driven leaders and knowledge that improves the world.

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$ 236 million raised, 59 percent of the $400 million Powered by Purpose campaign goal million in additional impact from the UVA $45

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Year in Review

UVA Darden DC Metro Extends Its Impact Above: In December 2019, the School put the finishing touches on the Sands Family Grounds in Arlington, Virginia, with new branding elements and cutting-edge interior design that enhanced a setting fit for the world’s best education experience.

DARDEN GROUNDS have expanded beyond the Goodwin Family Grounds in Charlottesville. On the banks of the Potomac, alongside the nation’s capital, UVA Darden DC Metro at the Sands Family Grounds is a thriving extension of the world’s best education experience. In August 2019, Darden graduated its first cohort of the Master of Science in business analytics (MSBA), hosted at UVA Darden DC Metro and jointly offered by Darden and UVA’s McIntire School of Commerce. Among the first graduates of the

12-month degree program for working professionals, 72 percent reported a role or job change over the course of the program, with an average salary increase of 19 percent to $123,604. UVA Darden DC Metro also launched a new, prestigious speaker series at the start of the year called Leadership Unscripted. Keynote speakers have included Case Foundation CEO Jean Case, former Save the Children CEO Carolyn Miles (MBA ’88) and former President of Ireland Mary Robinson. The growing success of UVA Darden DC Metro is possible thanks to donor support, including a $5 million gift from Frank M. Sands Sr. (MBA ’63) and Frank Sands (MBA ’94), which seeded the construction of the Sands Family Grounds in a high-rise building in Arlington, Virginia.

The Next Generation of Top Faculty DARDEN WELCOMED seven new professors at the start of the year to the faculty ranked the best in business education by The Princeton Review and The Economist. With their arrival, nearly 40 new professors joined the faculty from August 2015 to August 2019. Meet the next generation of teachers and researchers working to carry on Darden’s tradition of faculty excellence, which is one of the four priorities of the Powered by Purpose campaign.

new scholarship endowments created during the silent phase of the Powered by Purpose campaign

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Kelly Connors (MBA ’20) was the first recipient of the McGowan Fellowship at Darden.

KELLY CONNORS (MBA ’20) was named the inaugural recipient of Darden’s prestigious McGowan Fellowship to start the 2019–20 academic year. The William G. McGowan Charitable Fund partnered with the School in 2019 to launch the McGowan Fellows Program at Darden. Rising Second Years compete to earn the fellowship and receive a full-tuition scholarship, in addition to a host of experiential leadership development opportunities with fellows from nine other top business schools. Before arriving at the School, Connors served in the Peace Corps in the Dominican Republic and also worked for Deloitte on international projects in Jamaica and Paraguay as a consultant for ministries of finance.

Yo-Jud Cheng joined the Strategy, Ethics and Entrepreneurship area as an assistant professor. Gaurav Chiplunkar joined the Global Economies and Markets area as an assistant professor. Dennie Kim joined the Strategy, Ethics and Entrepreneurship area as an assistant professor. Vidya Mani joined the Technology and Operations Management area as an associate professor. Panos Markou joined the Technology and Operations Management area as an assistant professor. James Naughton joined the Accounting area as an associate professor. Laura Morgan Roberts joined the Leadership and Organizational Behavior area as a professor of practice.

7 New professors

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First McGowan Fellow Follows Path of Purpose

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Year Year in 2/4 in Review Review

NNE T.T. RPP EEE SRR PSS OI IS NSTSTEIEV .

Leaders inspire people to action. Working through influence requires more effort than exercising power, but over the long haul, it leads to more engaged, purpose-driven and productive teams.” S E A N M A R T I N , A S S O C I AT E P R O F E S S O R O F B U S I N E S S A D M I N I S T R AT I O N , I N “ L E A D E R S H I P : A P R I M E R ” O N DARDEN IDEAS TO ACTION

from donors, alumni volunteers, faculty, staff and many others brought incredible success at the long-awaited public launch of Darden’s Powered by Purpose campaign. As the leaves began to change color in Charlottesville, Darden celebrated the fall season with an electric campaign launch, a record gift for first-generation students and rising rankings.

DARDEN INVESTORS REPORT

INCREDIBLE PERSISTENCE

A gala event held on Darden Grounds in Charlottesville served as an inspiring kickoff to the public phase of the School’s $400 million Powered by Purpose campaign on 11 October 2019. Left: Darden School Foundation Board of Trustees Chair Bob Hugin (MBA ’85) Far left: Darden School Foundation President Michael J. Woodfolk (TEP ’05)

DARDEN L AUNCHED the largest fundraising campaign in its history the weekend of 11–13 October 2019, announcing the Powered by Purpose campaign and its ambitious $400 million goal in support of UVA’s $5 billion Honor the Future campaign. At the School’s gala launch event attended by students, faculty, board members, campaign leadership and more than 100 leading alumni supporters, the School unveiled the four priorities it seeks to fund through the campaign to ensure Darden values continue creating value in business and society for generations to come.

The 4 Priorities of the Powered by Purpose Campaign aculty, Thought Leadership and Curricular F Innovation Scholarships, Financial Aid and Student Experience Darden Grounds Master Plan, Technology and Innovation Darden Annual Fund During the event, Darden also unveiled its campaign website, giving.darden.virginia.edu. While leadership-level gifts were a crucial element to create momentum for the School during the campaign’s silent phase, the public launch of Powered by Purpose turned its attention to the power of all Darden alumni to make a difference. For a successful campaign, it will take alumni support at all levels to achieve the School’s full potential.

DARDEN INVESTORS REPORT

A Moment to Remember

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PUBLIC LAUNCH

L E T T E R F R O M T H E C A M PA I G N C H A I R

Campaign Cabinet Leadership Team Jim Cooper (MBA ’84), chair Bill Coogan (MBA ’82), vice chair Kirsti Goodwin (MBA ’02), vice chair Liz Lynch (MBA ’84), vice chair George Tahija (MBA ’86), honorary chair Campaign Cabinet Members Andy Bugas (MBA ’86), ex-officio Robin Doumar (MBA ’88) John Fowler (MBA/JD ’84), ex-officio John Jung (MBA ’84) Ro King (MBA ’91) Mark Kington (MBA ’88) Lem Lewis (MBA ’72) Jerry Peng (MBA ’03) Shannon Smith (MBA ’90) Bill Utt (MBA ’84) Steve Voorhees (MBA ’80) Brad Waitzer (MBA/JD ’87) Bob Woodworth (MBA ’73)

MY RELATIONSHIP WITH DARDEN BEGAN as a student from the Midwest who came to Grounds not knowing what I did not know. It was in the Darden classroom and in the relationships forged with my classmates and our professors that I began to realize the importance of forging your own path and defining your individual purpose to make the world a better place. When I consider the goals of the Powered by Purpose campaign — faculty, thought leadership and curricular innovation; scholarships, financial aid and the student experience; the Darden Grounds Master Plan, technology and innovation; and the Darden Annual Fund — I realize supporting this endeavor is the ultimate way to give back to Darden. The Powered by Purpose campaign provides an opportunity for us to pass on the Darden experience to all who grace our Grounds, who join our incredible community, who partake in the case method, who soak up the ideas of our faculty, and who engage at any level with the School’s transformational education experience. The continued support of the Darden community will power the purpose of people whose impact on the world goes far beyond what we could accomplish alone. Thank you for sharing in this moment. Sincerely,

Jim Cooper (MBA ’84) Chair, Powered by Purpose Campaign

YearYear in in Review Review

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education experience in the U.S. nine years in a row (The Economist)

Lalin Anik Named MBA Professor of the Year PROFESSOR L ALIN ANIK was honored by Poets & Quants as its MBA Professor of the Year, adding yet another accolade to her growing list. A professor in the Marketing area, Anik joined Darden ahead of the 2015–16 academic year and quickly became an integral member of the community. She has been nominated for the Outstanding Faculty Award multiple times, received the Faculty Diversity Award in 2017 and 2019, and was selected as a faculty marshal for graduation by the Class of 2019. Originally from Istanbul, Turkey, Anik conducts groundbreaking research exploring a diverse range of topics, from decision-making within the context of romantic relationships to how people derive feelings of fulfillment and what that may mean for their philanthropy. For many students, Anik serves as an informal confidant, adviser, and even teammate on basketball and soccer teams.

underscored Darden’s momentum. The School moved up four spots in Bloomberg Businessweek’s 2019 ranking of full-time MBA programs to become the No. 5 program in the United States. The Economist named Darden the No. 1 education experience in the country for the ninth year in a row. For the third year in a row, Darden faculty earned the No. 1 student rating globally. The Princeton Review named Darden among the top MBA programs in a number of key categories, including the No. 1 ranking for best professors for the third year in a row. Among all MBA programs, Darden was one of only four to have at least 10 Top 10 rankings across the ranked categories.

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RECORD RANKINGS RESULTS

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Rankings Recognize Darden Values Create Value

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A Transformational Gift for FirstGeneration Students Above: David Walentas (MBA ’64) celebrated the launch of UVA’s Honor the Future campaign in Charlottesville in October 2019 with his late wife, Jane.

THE PUBLIC L AUNCH of UVA’s Honor the Future campaign in October 2019 was made even more exciting with the announcement of a transformational $100 million gift from David Walentas (MBA ’64) and his late wife, Jane, to the Jefferson Scholars Foundation. The bulk of the gift — $75 million — is committed to scholarships and fellowships for first-generation

students, with the remaining $25 million dedicated to fellowships and professorships. The gift created $38 million in impact to Darden through a new Walentas Fellowship Program for first-generation students, additional funding for the existing Darden Jefferson Fellowship Program and a new Jefferson Scholars Foundation Professorship in real estate. While David and Jane Walentas were able to celebrate the gift announcement in October, the UVA and Darden communities mourned the loss of Jane in July, following her fight with cancer. She passed on a legacy as a discerning philanthropist who made it possible for others to achieve success and experience the exhilarating beauty of art.

IN NOVEMBER 2019, Darden announced a $3 million gift from Thomas R. Watjen (MBA ’81) and his wife, Nanette, matched with an additional $1.5 million from the UVA Bicentennial Scholars Fund, to create the $4.5 million Edward A. Watjen Bicentennial Scholarship Fund. This new fund will be incorporated with an existing military scholarship fund established by the Watjens several years ago, the Edward A. Watjen Military Fellowship Fund, for a total impact of nearly $6 million. The fund will support scholarships for students who come to Darden with a military background, with a preference for those who graduated from Virginia Military Institute. The fund is named after Watjen’s father, who was a first-generation college graduate and served in the U.S. Navy as an aircraft mechanic.

Brad Waitzer (MBA/JD ’87)

Expanding Faculty Excellence in Venture Capital

Building on Darden’s Leadership in Ethics

GLYNN C APITAL MANAGEMENT

BRAD WAITZER (MBA/JD ’87) in January made a $1 million gift to Darden, supported by an additional $500,000 from the UVA Bicentennial Professors Fund, to create a $1.5 million endowment that will fund the Richard M. Waitzer Professorship in Business Ethics. The endowment will support a professorship for an emerging scholar at Darden’s Institute for Business in Society. The professorship honors Waitzer’s father, an entrepreneur who died in January 2019 after a 65-year business career built around treating people fairly and acting ethically. Waitzer and his father became increasingly concerned about a crisis of values at institutions, and Darden’s focus on business ethics and global reach made this investment a logical way for Waitzer to leverage his philanthropy. Read about Waitzer and his wife, Terry, joining the Principal Donors Society on Page 32.

founder and Silicon Valley venture capital pioneer John Glynn, a member of the Darden faculty and Darden School Foundation Board of Trustees, in March made a $3 million gift to establish the John and Barbara Glynn Chair in Venture Capital. The gift was matched with $2 million from the UVA Bicentennial Professors Fund to create a $5 million fund that will support a professorship for a distinguished scholar in the field of venture capital. The John and Barbara Glynn Chair in Venture Capital is a significant step toward achieving Darden’s vision of establishing a research center for venture capital at the School.

“Darden manifests a commitment to excellence. It delivers the finest professors, an engaging student body and beautiful Grounds. The School accelerated my career, and future students deserve the same.” —M artie Edmunds Zakas (MBA/JD ’84), who made a major gift to Darden in FY 2020, on why she supports Darden

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Honoring Darden’s Military Students

Venture capital pioneer John Glynn is the MacAvoy Professor of Business Administration at Darden.

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Thomas R. Watjen (MBA ’81)

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Year in Review

If now is not the time to show leadership, then I’m not sure when that time would be. We are all new to this, and we are all stressed. Individuals must embrace the ways that they can lead and be the best leaders they can be to help people who depend on them.” R O S H N I R AV E E N D H R A N , A S S I S TA N T P R O F E S S O R O F B U S I N E S S A D M I N I S T R AT I O N , I N “ W H AT C A N M A N A G E R S D O T O H E L P E M P L OY E E S W O R K I N G F R O M HOME?” ON DARDEN IDEAS TO ACTION

ADAPTIVE.

emerged as a pandemic in March, completely altering the course of the year and history. Amid the turmoil, Darden supporters rallied behind the School’s efforts to adapt to the challenge with an unwavering commitment to deliver on the School’s mission in unpredictable times. The power of resilience, innovation and community emerged among Darden’s greatest strengths. THE NOVEL CORONAVIRUS

MOMENT OF

It took Darden being uniquely Darden. None of it would have been possible without the Darden Annual Fund, which provided an immediate source of relief for students who were struggling. “We had to make significant investments to make all classes virtual,” said Dean Scott Beardsley. “We quickly took several actions that were necessary to deliver an online classroom environment that met our mission-driven standard of unparalleled transformational learning experiences.” From Crisis Comes Opportunity Darden’s response to COVID-19 didn’t stop with a quick pivot in March. Preparing for an uncertain future took tremendous time, talent and resources over months of planning. “Developing a plan to deliver the world’s best business education experience within the constraints

of the pandemic required us to completely rethink even the most basic aspects of program delivery from the ground up,” said Beardsley. “The annual fund is providing critical resources that allow us to implement new ideas and best practices.” The annual fund was a go-to source that allowed the School to say “yes” to finding solutions to student concerns. It served as a critical funding source for student support to help: ield the Class of 2022 via Y scholarship funding Cover costs for five major career

clubs so that students wouldn’t have to pay dues in the 2020–21 academic year or face other barriers to join Fund the Darden Impact Internship program, which offered full-time, paid internships starting in June to students and recent graduates whose internships and job offers were impacted by the pandemic

DARDEN INVESTORS REPORT

As with the rest of the world, life at Darden changed drastically in mid-March due to the COVID-19 pandemic. With only a week’s notice, classes moved online midquarter. Social events were also conducted via Zoom. Students faced uncertainty regarding their job and internship searches. Yet as Batten Media Fellow Sam Werner (MBA ’20) wrote in his The Darden Report feature capturing students’ experience in spring 2020, the challenge allowed the School to show off its best attributes: the passion faculty and staff have for the student experience, the amount of care students have for each other and the resourcefulness of the community as a whole. The rapid pivot to virtual learning took a willingness among School leadership to remain flexible. It took careful levels of coordination among the instructional design and classroom support teams. It took a deep reservoir of mutual goodwill among faculty and students.

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M O M E N T O U S P I V O T.

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Year in Review

INVESTMENTS IN LIFELONG LEARNING ENABLE VIRTUAL PIVOT Made possible through the generous support of Frank M. Sands Sr. (MBA ’63), Darden Executive Education & Lifelong Learning (EELL) announced its Alumni Lifelong Learning 2020 program in February. Through the program, EELL waived the program cost to participate in one of its open programs available in 2020 for all Darden alumni, and more than 150 graduates participated by signing up for a course. Thanks to Sands’ gift and work Darden had already begun to pivot toward the future of lifelong learning, EELL was able to quickly bring many courses online and launch new virtual courses when the coronavirus pandemic struck in March. Alumni taking advantage of the Lifelong Learning 2020 program, alongside other

clients and participants, joined courses such as Leading Virtual Teams Through Disruption and Leading With Humanity: New Skills for the Digital Age to help meet the unprecedented challenges facing them. “This program, and the launch of the timely and relevant virtual courses in response to the pandemic, are examples of Darden’s continuing investment in lifelong learning,” said Ashley Williams, CEO and chief learning officer of EELL. “We are committed to extending the reach of the world’s best education experience throughout a lifetime of professional and personal growth.”

LAURA MORGAN ROBERTS, PROFESSOR OF PRACTICE, IN DARDEN’S “F O U N D A T I O N S O F D I V E R S I T Y, E Q U I T Y A N D I N C L U S I O N A T W O R K” F R E E ONLINE COURSE ON COURSERA

ACTION TO ENSURE INCLUSION AND E Q U I T Y AT D A R D E N The coronavirus pandemic was not the only critical issue impacting students, the School, business and society this spring. As protests for racial justice and equity spread globally in June, Darden responded with a sweeping commitment to

take action, both immediately and in the long run. One of those steps was a new designation to give to the annual fund in support of diversity, equity and inclusion initiatives. Thanks to support for the annual fund, nimble responses to the biggest challenges facing business, society and graduate business education are a competitive advantage for Darden.

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Advancing diversity and equity efforts requires us to think about the ways in which we position people in organizations and the opportunities that they have to be valued for their contribution and to shape the strategy, the core values and the culture of the organization itself.”

DARDEN INVESTORS REPORT

S U M M E R FA L L W I N T E R S P R I N G

Year Year in 4/4 in Review Review

NT. T.. SOII S L ITSEEIN RPEERSREPS N V E

It is essential that everyone remembers that there will be a time when the pandemic is over. The world will get through this, and it will begin functioning once again.” G R E G FA I R C H I L D, I S I D O R E H O R W E E N R E S E A R C H A S S O C I AT E P R O F E S S O R O F B U S I N E S S A D M I N I S T R AT I O N , IN “KEYS TO SMALL BUSINESS RESILIENCE IN U N C E R TA I N T I M E S ” O N D A R D E N I D E A S T O A C T I O N

of the coronavirus pandemic altered ways of life around the world and the ways education could be delivered, Darden was resilient, growing the seeds of new ideas into unprecedented forms of support for students and a swift reinvention of the world’s best business education experience. Efforts to reshape Darden’s world-class experience for a pandemic-disrupted future were powered by donors providing the means to match our collective resilience. AS THE REALITIES

Above: The proposed UVA Inn at Darden and Conference Center for Lifelong Learning will feature cutting-edge education and hospitality facilities in addition to an arboretum and botanical gardens that will ensure Darden Grounds remain among the best and most beautiful in the world.

MOST BUILDINGS AND FACILITIES on Darden’s Charlottesville Grounds have not been upgraded in more than two decades, and enhancing them is a major priority of the Powered by Purpose campaign. The School made significant progress this year on a series of construction projects that will ensure Darden’s Charlottesville Grounds are among the best and most beautiful in the world.

S U M M E R FA L L W I N T E R S P R I N G

A Long-Awaited Moment on Grounds Takes Flight

DARDEN INVESTORS REPORT

DARDEN GROUNDS MASTER PLAN

e Darden School Foundation Board of Trustees Th voted to support construction of the new UVA Inn at Darden and Conference Center for Lifelong Learning. The project is supported by $20 million in philanthropy from Frank M. Sands Sr. (MBA ’63). The inn and conference center will be named in Sands’ honor, but significant naming opportunities remain to support its completion. P lans to renovate C. Ray Smith Alumni Hall were supported in fiscal year 2019 by $7.2 million in matching funds from Sands Sr., and numerous alumni stepped up to the matching challenge in fiscal year 2020. Significant naming opportunities remain to support its completion. The landscape-transforming arboretum and botanical gardens will surround the inn and conference center and renovated C. Ray Smith Alumni Hall. The arboretum received an initial $5 million in support from George (MBA ’86) and Laurel Tahija, and significant naming opportunities remain to support its completion. Thanks to generous gifts from several alumni, Darden began renovating the Abbott Center Dining Room. The initial phase of renovations to the dining center updated décor, including new paint, carpet and selected furniture, to enhance the sense of openness and give the space a more contemporary feel. The W.L. Lyons Brown III Innovation Laboratory (i.Lab) will transition in 2021 from its existing North Grounds location to a new, dynamic space in Darden’s main classroom building. As a first step, two existing theater-style classrooms were updated to become one large flat classroom, providing more flexibility for interactive learning and collaboration. To enhance virtual delivery capabilities, the School converted another of its theater-style classrooms into two studios purpose-built for virtual delivery of courses in Darden’s degree programs, non-degree programs from Darden Executive Education & Lifelong Learning, and other programs and events.

DARDEN INVESTORS REPORT

S U M M E R FA L L W I N T E R S P R I N G

4/4

Year in Review

Campaign Success Bears Fruit With New Faculty Chairs From top left to bottom right: Professor Rich Evans, Professor Yael Grushka-Cockayne, Professor Elena Loutskina, Professor Peter Debaere, Professor Jim Detert, Professor Shane Dikolli, Professor Mark Haskins, Professor Doug Thomas, Professor Mary Margaret Frank

TREMENDOUS DONOR SUPPORT

for faculty since the start of the School’s Powered by Purpose campaign enabled three new endowed faculty chairs to be awarded to Darden professors for the first time in June.

In addition to naming three inaugural chairs, Darden awarded several other longstanding chairs in June. Professor Peter Debaere, who teaches in the Global Economies and Markets area, was named to the E. Thayer Bigelow Research Chair in Business Administration. Professor Jim Detert, who teaches in the Leadership and Organizational Behavior area, was named the John L. Colley Jr. Professor of Business Administration. Professor Shane Dikolli, who teaches in the Accounting area, was named to the Bank of America Research Chair in Business Administration.

Professor Richard Evans, who teaches in the Finance area, was named to the Donald McLean Wilkinson Research Chair in Business Administration.

Professor Mary Margaret Frank, who teaches in the Accounting area, was named the John Tyler Professor of Business Administration.

Professor Yael Grushka-Cockayne, who teaches in the Quantitative Analysis area, was named to the Altec/Styslinger Foundation Bicentennial Chair in Business Administration.

Professor Mark Haskins, who teaches in the Accounting area, was named the Landmark Communications Professor of Business Administration.

Professor Elena Loutskina, who teaches in the Finance area, was named to the Peter M. Grant II Bicentennial Foundation Chair in Business Administration.

Professor Doug Thomas, who teaches in the Technology and Operations Management area, was named the Henry E. McWane Professor of Business Administration.

DONALD AND LAUREN MOREL EMERGING SCHOLAR IN BUSINESS A D M I N I S T R AT I O N M O R E L A H E R N A N D E Z A N D S A M U E L L . S L O V E R R E S E A R C H C H A I R J A R E D H A R R I S I N “ O R G A N I Z AT I O N A L R E S I L I E N C E : A S O C I A L E X C H A N G E P E R S P E C T I V E ,” A N A R T I C L E P U B L I S H E D I N T H E R E S E A R C H H A N D B O O K O F O R G A N I Z AT I O N A L R E S I L I E N C E

DARDEN INVESTORS REPORT

R E S I L I E N T O R G A N I Z AT I O N S REMAIN FLEXIBLE AND A D A P TA B L E , A N D A D J U S T T O CURRENT HARDSHIPS WHILE B U I L D I N G T H E C A PA C I T Y TO RESPOND TO NEW CHALLENGES IN THE FUTURE.”

DARDEN INVESTORS REPORT

Quote? HONOR ROLL

Honor Roll

DARDEN INVESTORS REPORT

FPO

DARDEN INVESTORS REPORT

Campaign Leadership Gifts

As Darden innovates in a rapidly changing and intensely competitive landscape, support for the $400 million Powered by Purpose campaign moves the needle for the priorities that matter most to the Darden experience: faculty support, research and curricular innovation; scholarships and student experiences; Darden Grounds Master Plan, technology and innovation; and the Darden Annual Fund. The generous support of the community through the campaign ensures that the School can elevate its status as a preeminent business school and show the world that purpose drives progress. This list recognizes donors who have made cumulative commitments of $100,000 or more between 1 July 2013 and 30 November 2020.

C A M PA I G N L E A D E R S H I P G I F T S

$25M–49.9M David C. Walentas ’64 & Jane Walentas + * $10M–24.9M The Batten Foundation $5M–9.9M H. William Coogan Jr. ’82 & Theresa M. Riddle (Comm ’87) James A. Cooper ’84 & Stacy Cooper Robert J. Hugin ’85 & Kathleen Hugin Richard A. Mayo ’68 & Sara Page Mayo George S. Tahija ’86 & Laurel Tahija $2.5M–4.9M Anonymous John W. Glynn Jr. & Barbara A. Glynn Douglas R. Lebda ’14 & Megan Lebda Frank M. Sands ’94 John R. Strangfeld Jr. ’77 Thomas R. Watjen ’81 & Nanette A. Watjen $1M–2.4M Anonymous (3) Kirby C. Adams ’79 Altec/Styslinger Foundation Stephen E. Bachand ’63 & Phyllis Bachand S. Gregg Brooks ’09 & Chandra Brooks William D. Cannon Jr. ’68 & Nancy Cannon William Kenyon Daniel II ’91 & Robin W. Daniel Terrence D. Daniels ’70 & Courtnay S. Daniels William A. Dawson ’67 Robert G. Doumar Jr. ’88 & Noelle C. Doumar John D. Fowler Jr. ’84 & Corey P. Fowler Frank E. Genovese ’74 & Susan L. Genovese Kirsti W. Goodwin ’02 & Matthew T. Goodwin Peter M. Grant ’86 & Colleen J. Grant Martina T. Hund-Mejean ’88 & Bruno J. Mejean

John B. Jung Jr. ’84 & Connie B. Jung Mark J. Kington ’88 & Ann A. Kington Mark C. Lamarre ’90 Lemuel E. Lewis ’72 & Sandra W. Lewis Daniel S. Lynch ’84 & Elizabeth H. Lynch ’84 McWane Inc. The Melville Foundation Clifford D. Moore III ’81 Donald E. Morel Jr. (TEP ’97) & Lauren Morel J. Byrne Murphy ’86 & Pamela Breslin Murphy Michael E. O’Neill ’74 & Patricia J. O’Neill G. Ruffner Page Jr. ’86 & Virginia White Page Robert E. Reeve ’85 Douglas A. Scovanner ’79 & Mary M. Scovanner Shannon G. Smith ’90 T. Kent Smith ’84 & Mary L. Smith Bruce R. Thompson ’90 Warren M. Thompson ’83 James W. Todd ’64 & Sharon K. Todd William P. Utt ’84 & Carolyn S. Utt Steven C. Voorhees ’80 & Celia Voorhees Bradley J. Waitzer ’87 & Terry Waitzer Donald M. Wilkinson Jr. ’66 + & Lucinda P. Wilkinson + Robert C. Woodworth ’73 & Joyce Woodworth $500,000–999,999 John E. Baber III ’66 & Ann Baber W.L. Lyons Brown III ’87 & Susanna S. Brown John M. Camp III ’79 & Caren Camp Samuel M. Chappell III ’82 & Nancy B. Chappell ClearPath Foundation Robert S. Creighton ’82 Louis G. Elson ’90 William A. Hawkins III ’82 & Sharon D. Hawkins Thomas C. MacAvoy + & Margaret M. MacAvoy + John G. Macfarlane III ’79 & Dudley W. Macfarlane Albert N. Morgan Jr. ’72 & Carla Morgan Marshall N. Morton ’72 & Caroline Morton Estate of Paul A. Murphy Adair B. Newhall ’09 & Kathryn McCann-Newhall

DARDEN INVESTORS REPORT

$50M & Above Frank M. Sands Sr. ’63 & Marjorie R. Sands +

C A M PA I G N L E A D E R S H I P G I F T S

DARDEN INVESTORS REPORT

Zhiyuan “Jerry” Peng ’03 & Ying Hu Ryan D. Rayborn ’10 & Jessica Rayborn Joyce E. Rothenberg ’85 & Mace Rothenberg Mary Buckle Searle ’86 & Stewart A. Searle III Robert W. Smith ’87 & Teresa Smith

$250,000–499,999 Anonymous Melvin D. Beale ’76 & Ann J. Beale Scott C. Beardsley & Claire D. Beardsley Richard E. Berry ’94 Samuel E. Bodily & Jolene H. Bodily John P. Bolduc Jr. ’90 & Stacy H. Bolduc ’90 J. Andrew Bugas ’86 & Maryann H. Bugas Susan C. Coogan ’82 Franklin S. Edmonds Jr. ’95 & Pamela F. Edmonds Mei Kwong Franklin & Larry Franklin Sterling C. Franklin Golden Paws Foundation Estate of Steven D. Hale HBM Holdings Bret W. Holden ’88 & Jeanne-Marie Z. Holden Mary M. Hoobler ’88 A. Gibboney Huske ’97 Philip W. Knisely ’78 & Patricia Knisely Samuel A. Lewis + Garth Monroe ’05 Henry F. Skelsey ’84 & Susan W. Skelsey Robert E. Spekman & Susan K. Snyder Allan W. Staats ’62 + & Barbara Staats Lilo Simmons Ukrop ’89 & R. Scott Ukrop ’89 William H. Donner Foundation Jianwei J. Yao ’01 & Wenjing Mao $100,000–249,999 Anonymous (2) 3M L. Bradford Armstrong ’74 Michael S. Augins ’99 Joseph P. Balog ’88 & Cheryl S. Balog

Bank of America Private Bank R. David Banyard Jr. ’04 & Diane Banyard Frank Batten Jr. ’84 & Aimee C. Batten Dorothy Neal Batten ’90 Jane P. Batten David A. Beach ’69 & Carolyn H. Beach John R. Belk ’86 & Kimberly D. Belk Donald R. Benson ’89 Barbara M. Bruner (Ph.D. ’90) & Robert F. Bruner Liane Burckhardt A. Hazen Burnet ’69 & Sarah M. Burnet Capital One Financial Corp. Ronald C. Carlock Jr. ’93 & Kristin R. Carlock ’93 J. Scott Carter ’99 & Ann B. Carter G. David Cheek ’79 & Katherine P. Cheek James S. Cheng ’87 & Jeanette Wang Cheng Robert K. Citrone ’90 & Cynthia L. Citrone T. Scott Coleman ’79 & Yasmine Z. Coleman Hugh M. Comer II ’91 & Deborah R. Comer Corning Inc. Charles R. Cory ’82 & Kimberlee Cory Gordon Crawford ’71 Richard D. Crawford ’74 & Barbara J. Crawford Richard P. Dahling ’87 & Nancy L. Sanborn Danaher Corp. George A. L. David ’67 Michael A. DeCola ’77 & Lee F. DeCola Allison Cryor DiNardo ’88 & Robert B. DiNardo Discovery Capital Management LLC James K. Dunton ’62 & Nancy H. Dunton Eastman Richard C. Edmunds III ’92 & Kathy Edmunds Tyrone W. Eggemeyer ’89 & Leslie F. Eggemeyer Robert W. Emery Jr. + Lawton W. Fitt ’79 & James I. McLaren Fortive Paul L. Fowler Jr. ’81 & Sandra J. McDiarmid Catherine Joan Friedman ’86 & Jon R. Duane John M. Fruehwirth ’96 & Christine A. Fruehwirth ’96 Thomas M. Fulcher Jr. ’86

C A M PA I G N L E A D E R S H I P G I F T S

G. Patrick Phillips ’73 & Deborah Phillips Jerome C. Philpott ’88 & Ann S. Philpott John A. Powell ’82 Scott A. Price ’90 & Shizuko M. Price Steven S Reinemund ’78 & Gail T. Reinemund Matthias D. Renner ’86 & Linda G. Renner Thomas E. Robinson ’73 James G. Rose Jr. ’85 & Megan Walker Rose Sands Capital Management Inc. Robert J. Shanfield ’87 & Francine N. Shanfield ’87 Stamps Family Charitable Foundation Mark B. Templeton ’78 & Yvonne Shuler-Templeton Thomas D. Tichenor ’11 James P. Totten ’85 & Josephine Totten Virginia Kincaid Charitable Trust David N. Webb ’77 & Nancy Shepherd Webb ’77 Roger L. Werner Jr. ’77 & Karen Werner Alexander R. Westra ’12 Philip B. Weymouth III ’93 & Elizabeth K. Weymouth ’94 William G. McGowan Charitable Fund Marietta Edmunds Zakas ’84 & Dennis L. Zakas

+ Deceased * Recognition includes gifts made to other areas of UVA that benefit Darden.

DARDEN INVESTORS REPORT

Darren A. Fultz ’06 Michael J. Ganey ’78 Michael Gangemi ’86 & Martha L. Gangemi ’87 Frederic H. Garner IV ’90 & Katherine Dudley Garner Jacqueline M. Glynn ’93 David W. Goodrich ’73 & Julie Houk Goodrich Patrick C. Graney III ’81 & Jessica S. Graney Gregory B. Graves ’89 Ira H. Green Jr. ’90 & Susan M. Green Green Realty Management LTD John W. Guinee III ’82 & Michelle K. Guinee Naren K. Gursahaney ’89 W. Barnes Hauptfuhrer ’81 & Camilla Robinson Hauptfuhrer Andrew Paul Houlahan ’66 Robert L. Huffines ’92 & Lisa G. Huffines Claire C. Hyde ’80 & William L. Hyde Jr. J.P. Morgan & Co. Inc. Richard C. Jacobsen Jr. ’89 & Margaret M. Jacobsen ’87 Johnson & Johnson David C. Johnson Jr. ’84 & Caroline D. Johnson David B. Kelso ’82 & Sara E. Kelso Martin G. King ’91 & Rosemary B. King ’91 Ryan P. Knauss ’00 & Christina M. Knauss Linwood A. Lacy Jr. ’69 & Constance C. Lacy Bruce R. Lauritzen ’67 George W. Logan ’71 & Helen B. Logan Amanda Lozano ’09 Donald A. Lucchesi ’79 & Elizabeth Lucchesi James C. Magill Jr. ’79 Todd R. Marin ’89 & Fiona Kotur Marin Massey Foundation Mark C. Mead ’90 David L. Miller ’72 & Helen Miller E. Benjamin Mix III ’86 Louis P. Nelson II ’77 & Lee Nelson Joseph Niehaus Ernest M. Norville ’84 & Carla S. Norville Richard J. Parsons ’80 & Yvette Parsons Antonio U. Periquet Jr. ’90 & Martha I. Periquet

P R I N C I PA L D O N O R S S O C I E T Y

Principal Donors Society From its founding in 2003 to the end of fiscal year 2020, 88 members who support Darden at the highest levels of lifetime giving have joined the Principal Donors Society. Through philanthropic support of $1 million or more, Principal Donors have established themselves as the School’s most loyal stewards. Darden honors this extraordinary philanthropy on the entablature frieze of the Rosenblum Foyer and PepsiCo Forum and donor recognition walls in the South Lounge in Charlottesville and at UVA Darden DC Metro on the Sands Family Grounds.*

“Darden taught me critical thinking and effective communication skills, and it also taught me the importance of considering the needs of all stakeholders to lead an enterprise successfully. Given the challenges in today’s world, I want to support future leaders in learning such important skills.”

DARDEN INVESTORS REPORT

—D arden School Foundation Board of Trustees Vice Chair and Principal Donor Martina Hund-Mejean (MBA ’88) on why she supports the School

Jefferson Level: $25M+ Anonymous Frank Batten Sr. + Frank M. Sands Sr. ’63 & Marjorie R. Sands + David C. Walentas ’64 & Jane Walentas + Madison Level: $10M–24.9M George A. L. David ’67 Richard A. Mayo ’68 & Sara Page Mayo George S. Tahija ’86 & Laurel Tahija The Batten Foundation Monroe Level: $5M–9.9M H. William Coogan Jr. ’82 & Theresa M. Riddle (Comm ’87) James A. Cooper ’84 & Stacy Cooper Frank E. Genovese ’74 & Susan L. Genovese W. Hunter Goodwin III ’95 + & Crystal H. Goodwin Kirsti W. Goodwin ’02 & Matthew T. Goodwin Robert D. Hardie ’95, ’99 & Molly G. Hardie Robert J. Hugin ’85 & Kathleen Hugin Thomas A. Saunders III ’67 & Mary Jordan Saunders John R. Strangfeld Jr. ’77 Rotunda Level: $2.5M–4.9M W.L. Lyons Brown III ’87 & Susanna S. Brown Terrence D. Daniels ’70 & Courtnay S. Daniels Colgate W. Darden Jr. + & Constance Darden + U. Bertram Ellis Jr. ’79 In Honor of the Class of 1957 Martina T. Hund-Mejean ’88 & Bruno J. Mejean Gary T. Jones ’74 & Elizabeth Rhett Jones Douglas R. Lebda ’14 & Megan Lebda Lemuel E. Lewis ’72 & Sandra W. Lewis H. Eugene Lockhart Jr. ’74 & Terry J. Lockhart John G. Macfarlane III ’79 & Dudley W. Macfarlane Michael E. O’Neill ’74 & Patricia J. O’Neill Frank M. Sands ’94 James W. Todd ’64 & Sharon K. Todd Thomas R. Watjen ’81 & Nanette A. Watjen Donald M. Wilkinson Jr. ’66 + & Lucinda P. Wilkinson + Colonnade Level: $1M–2.4M Anonymous (2) Kirby C. Adams ’79 Altec/Styslinger Foundation Beverley W. Armstrong ’66 + & Carol C. Armstrong

P R I N C I PA L D O N O R S S O C I E T Y

Albert N. Morgan Jr. ’72 & Carla Morgan Marshall N. Morton ’72 & Caroline Morton Paul A. Murphy + G. Ruffner Page Jr. ’86 & Virginia White Page Zhiyuan “Jerry” Peng ’03 & Ying Hu Harry T. Rein ’73 & Susan D. Rein Douglas A. Scovanner ’79 & Mary M. Scovanner John T. Siegel ’67 + & Alice H. Siegel Henry F. Skelsey ’84 & Susan W. Skelsey Robert W. Smith ’87 & Teresa Smith Shannon G. Smith ’90 Wallace Stettinius ’59 & Mary Gray Stettinius Henri A. M. Termeer ’73 + & Belinda Herrera-Termeer The Melville Foundation Bruce R. Thompson ’90 Warren M. Thompson ’83 William P. Utt ’84 & Carolyn S. Utt Steven C. Voorhees ’80 & Celia Voorhees Bradley J. Waitzer ’87 & Terry Waitzer David N. Webb ’77 & Nancy Shepherd Webb ’77 Thomas Eugene Worrell Jr. ’71 Michael B. Zalamea ’92

+ Deceased * Please Note: The names listed reflect individual or family giving and may differ from recognition on donor wall listings.

DARDEN INVESTORS REPORT

Stephen E. Bachand ’63 & Phyllis Bachand Thomas J. Baltimore Jr. ’91 & Hillary D. Baltimore Frank Batten Jr. ’84 & Aimee C. Batten Dorothy Neal Batten ’90 Eugene T. Bigelow Jr. ’67 William D. Cannon Jr. ’68 & Nancy Cannon G. David Cheek ’79 & Katherine P. Cheek James S. Cheng ’87 & Jeanette Wang Cheng Charles G. Duffy III ’87 Louis G. Elson ’90 Lawton W. Fitt ’79 & James I. McLaren John D. Fowler Jr. ’84 & Corey P. Fowler Peter M. Grant ’86 & Colleen J. Grant Thomas V. Inglesby ’84 & Joan W. Inglesby John B. Jung Jr. ’84 & Connie B. Jung Peter D. Kiernan ’79 & Eaddo H. Kiernan Martin L. Killgallon II ’72 & Deborah Killgallon William C. Killgallon (TEP ’76) & Susan Killgallon Mark J. Kington ’88 & Ann A. Kington Philip W. Knisely ’78 & Patricia Knisely Robert E. Lamb II ’70 & Charlotte Lamb Bruce R. Lauritzen ’67 Lawrence Lewis Jr. + & Janet P. Lewis + Daniel S. Lynch ’84 & Elizabeth H. Lynch ’84 Thomas C. MacAvoy + & Margaret M. MacAvoy + John Huston McCollough II ’75 & Joan S. McCollough Barclay McFadden III ’76 & Jane Perry McFadden Donald E. Morel Jr. (TEP ’97) & Lauren Morel

P R I N C I PA L D O N O R S S O C I E T Y

Welcoming Three New Principal Donors

DARDEN INVESTORS REPORT

This fiscal year, Darden welcomed three new Principal Donors, including an anonymous donor. Collectively, the inductees support a range of priorities across the School, including scholarships, faculty excellence, innovations in research and research centers, and the Grounds Master Plan. New members include:

John B. Jung (MBA ’84) & Connie B. Jung

Brad Waitzer (MBA/JD ’87) & Terry Waitzer

John B. Jung recently retired as senior managing director and head of capital markets at BB&T, ending a 37-year career with the organization. Jung was responsible for leading BB&T Capital Markets, which included sales and trading, origination, mergers and acquisitions, tax-exempt finance, and foreign exchange. In addition, he was responsible for integrating BB&T Capital Markets with BB&T’s Corporate and Community Banks. Jung was a member of BB&T’s senior leadership team and served on many public and private boards. He recently established the Jung Family Professorship for an emerging scholar on the Darden faculty.

Brad Waitzer is president of Signature Management Corp., a Virginia Beachbased professional property management company, and vice chair of the Eastern Virginia Medical School Foundation in Norfolk. He is passionate about business leaders prioritizing ethics and values in their organizations and the concept that businesses should consciously serve a much larger constituency than just its investors, employees and customers. He recently established the Richard M. Waitzer Professorship in Business Ethics, honoring his father, whose long career centered on treating people fairly and acting ethically. “Darden transformed my life, and Terry and I are excited to invest in its future,” Waitzer said.

P R I N C I PA L D O N O R K I R B Y A DA M S ( M B A ’ 7 9 ) O N T H E VA L U A B L E L E S S O N S H E L E A R N E D AT D A R D E N

DARDEN INVESTORS REPORT

E M PAT H Y, H U M I L I T Y A N D LISTENING WILL GO A L O N G WAY I N B U S I N E S S — AND IN LIFE — BECAUSE T H E Y A R E I N C R E A S I N G LY R A R E AT T R I B U T E S . ”

P R I N C I PA L A N D M A J O R G I F T S

Principal and Major Gifts The ways philanthropy ensures the world’s best education experience persists include: Establishing new student scholarships Fueling Darden’s pivot to virtual operations Powering the School’s reimagined Grounds Endowing new professorships Advancing thought leadership

DARDEN INVESTORS REPORT

As the School responds and adapts to a rapidly changing and intensely competitive landscape, principal and major gift donors power the innovations that matter most within the Darden experience. Your generosity is essential to advancing the campaign priorities: faculty, thought leadership and curricular innovation; scholarships, financial aid and student experiences; Darden Grounds Master Plan, technology and innovation; and emerging strategic priorities of the School. This list recognizes donors who made cumulative commitments of $100,000 or more between 1 July 2019 and 30 June 2020.

$5M & Above George S. Tahija ’86 & Laurel Tahija $2.5M–4.9M James A. Cooper ’84 & Stacy Cooper John W. Glynn Jr. & Barbara A. Glynn Thomas R. Watjen ’81 & Nanette A. Watjen $1M–2.4M Anonymous S. Gregg Brooks ’09 & Chandra Brooks Robert G. Doumar Jr. ’88 & Noelle C. Doumar Robert J. Hugin ’85 & Kathleen Hugin Michael E. O’Neill ’74 & Patricia J. O’Neill John R. Strangfeld Jr. ’77 Bradley J. Waitzer ’87 & Terry Waitzer $500,000–999,999 Mark C. Lamarre ’90 J. Byrne Murphy ’86 & Pamela Breslin Murphy

P R I N C I PA L A N D MAJOR GIFTS MADE IN FISCAL YEAR 2020

P R I N C I PA L A N D M A J O R G I F T S

$100,000–249,999 Altec/Styslinger Foundation Michael S. Augins ’99 Frank Batten Jr. ’84 & Aimee C. Batten Dorothy Neal Batten ’90 W.L. Lyons Brown III ’87 & Susanna S. Brown Paul L. Fowler Jr. ’81 & Sandra J. McDiarmid Thomas M. Fulcher Jr. ’86 Michael J. Ganey ’78 Jacqueline M. Glynn ’93 Estate of Steven D. Hale HBM Holdings Lemuel E. Lewis ’72 & Sandra W. Lewis

Donald A. Lucchesi ’79 & Elizabeth Lucchesi Richard J. Parsons ’80 & Yvette Parsons Jerome C. Philpott ’88 & Ann S. Philpott Stamps Family Charitable Foundation James P. Totten ’85 & Josephine Totten Donald M. Wilkinson Jr. ’66 + & Lucinda P. Wilkinson + Marietta Edmunds Zakas ’84 & Dennis L. Zakas Michael B. Zalamea ’92

+ Deceased

“We’re building the bridge to find ways to pay it forward to the next generation of Darden students.” —S cott Adams (MBA ’92), who joined Tom Robinson (MBA ’73) and Anthony Smith (MBA ’87) to make a $100,000 gift to support expanded real estate education at Darden

DARDEN INVESTORS REPORT

$250,000–499,999 Kirby C. Adams ’79 Melvin D. Beale ’76 & Ann J. Beale Golden Paws Foundation Mary M. Hoobler ’88 Mary Buckle Searle ’86 & Stewart A. Searle II Robert W. Smith ’87 & Teresa Smith Robert E. Spekman & Susan K. Snyder Allan W. Staats ’62 + & Barbara Staats

CORNERSTONE SOCIETY

Cornerstone Society

DARDEN INVESTORS REPORT

The Cornerstone Society celebrates those who follow in the footsteps of Presidents James Monroe, James Madison and Thomas Jefferson in leaving a legacy through a planned gift to the University of Virginia. Through designations to Darden in wills, living trusts, retirement plans, gifts of life insurance, charitable gift annuities and charitable remainder trusts, members of the Cornerstone Society secure the success of Darden for future generations of purpose-driven leaders. This year, 12 new members joined the Cornerstone Society. These supporters ensure their legacy powering future leaders who will improve the world.

Anonymous Rose R. Barry Melvin D. Beale ’76 & Ann J. Beale Stephen D. Benson ’71 & Victoria F. Benson C. Clinton Bolte ’72 & Mary T. Bolte Lawrence Brett III ’79 & Robbin A. Brett S. Gregg Brooks ’09 & Chandra Brooks David P. Campbell Jr. ’95 & Jennifer Campbell Ronald C. Carlock Jr. ’93 & Kristin R. Carlock ’93 Thomas Yates Catlett ’86 Christopher J. Chapman ’73 G. David Cheek ’79 & Katherine P. Cheek Susan C. Coogan ’82 Richard D. Crawford ’74 & Barbara J. Crawford Robert S. Creighton ’82 Richard P. Dahling ’87 & Nancy L. Sanborn James R.V. Daniel III ’59 & Colleen H. Daniel Richard M. David ’81 & Lauren David Norwood H. Davis Jr. (TEP ’75)

William A. Dawson ’67 Basil M. Duncan III ’90 Karen K. Edwards ’84 U. Bertram Ellis Jr. ’79 Charles H. Foster Jr. ’67 & Diane R. Bates Paul L. Fowler Jr. ’81 & Sandra J. McDiarmid Giles R. Fox ’90 John P. Frye Jr. ’71 & Jerrie S. Frye Michael J. Ganey ’78 Palmer P. Garson ’83 & Douglas D. Garson Frank E. Genovese ’74 & Susan L. Genovese Kenneth M. Good Jr. ’93 David W. Goodrich ’73 & Julie Houk Goodrich Mark R. Gordon ’79 & E. Leigh Gordon George H. Groves ’73 & Jimmie Winn Groves D. Maybank Hagood ’89 & Elizabeth M. Hagood ’89 Conrad Mercer Hall (TEP ’83) Brenton Shaw Halsey Eugene W. Hansen ’76 Edward H. Hawfield ’75 & Nancy S. Hawfield Mary M. Hoobler ’88 Claire C. Hyde ’80 & William L. Hyde Jr. Burdett L. Ives ’67 & Elinor B. Ives Michael Kender ’87 & Lucretia H. Kender John B. Kishman ’82 Ryan P. Knauss ’00 & Christina M. Knauss Mark C. Lamarre ’90 Donald A. Lucchesi ’79 & Elizabeth Lucchesi Douglas S. Luke Jr. ’66 & Sarah C. Mullen James C. Magill Jr. ’79 Raleigh C. Minor Garth Monroe ’05 Clifford D. Moore III ’81 Richard J. Parsons ’80 & Yvette Parsons Lewis F. Payne Jr. ’73 & Susan K. Payne Jeremy D. Phelan ’74 Jerome C. Philpott ’88 & Ann S. Philpott Ryan D. Rayborn ’10 & Jessica Rayborn Robert E. Reeve ’85 Harry T. Rein ’73 & Susan D. Rein William F. Richmond ’76 Joyce E. Rothenberg ’85 & Mace Rothenberg Abby A. Ruiz de Gamboa ’04 & Alberto A. Ruiz de Gamboa James L. Rumsey ’57

CORNERSTONE SOCIETY

Michael L. Santoro Jr. ’74 & Martha C. Santoro Thomas A. Saunders III ’67 & Mary Jordan Saunders Frederick B. Schmidt-Fellner ’85 & Terri W. Schmidt-Fellner Mary Buckle Searle ’86 & Stewart A. Searle III Martha A. Shenkenberg ’88 Robert M. Smith ’77 & Karen E. Connolly T. Kent Smith ’84 & Mary L. Smith Robert E. Spekman & Susan K. Snyder Wallace Stettinius ’59 & Mary Gray Stettinius John R. Strangfeld Jr. ’77 Gerald R. Strauss + Theodore L. Terry II ’80 & Claire M. Terry ’80 Warren M. Thompson ’83 Thomas D. Tichenor ’11 James P. Totten ’85 & Josephine Totten Ronald E. Trzcinski ’71 & Patricia Trzcinski Charles A. Tysinger ’99 & Virginia C. Tysinger Nicholas P. Valdrighi ’65 Thomas B. Whelan II ’77 & Claire F. Whelan Steve Whisenant & Emilye H. Whisenant R. Van Whisnand ’68 & Campbell B. Whisnand Gary R. Wilhite ’84 Howard P. Wilkinson Jr. ’73 & Carolyn N. Wilkinson Charles T. Wingo ’69 Robert C. Woodworth ’73 & Joyce Woodworth Douglas C. Young ’80 & Cynthia H. Young

20 PLANNED GIFTS MADE IN FISCAL YEAR 2020 WITH A T O TA L I M PA C T OF $5.9M

“My wife and I have both benefitted from scholarships and grants to support our undergraduate and graduate educations. By setting up our gift through our estate plans, we can ensure that our work now, powered by our experience at Darden, will support generations of scholars long into the future.” — Gregg Brooks (MBA ’09)

DARDEN INVESTORS REPORT

+ Deceased

DA R D E N S O C I E T Y

Darden Society The Darden Society is a group of annual supporters who demonstrate a commitment to the School through gifts to Darden. Gifts at the Darden Society level of $2,500 per year (or $1,000 per year for Darden’s four most recent graduating classes) provide funding for the School’s most immediate priorities.

As a benefit of membership, all Darden Society members receive the exclusive rosette pin, a symbol of Darden pride that has been in production and that has recognized members since the society’s founding. Members also receive invitations to Darden events and gatherings.

“Graduating from Darden gave me the opportunity to change careers and pursue a field that I love. It was a privilege to be able to attend Darden, and now I’m proud to donate so that others can have the same incredible experience that I had.” — Ann Redpath Nilsen (MBA ’15)

DARDEN INVESTORS REPORT

Executive Circle: $100,000 & Above

Anonymous Kirby C. Adams ’79 Altec/Styslinger Foundation Stephen E. Bachand ’63 & Phyllis Bachand Frank Batten Jr. ’84 & Aimee C. Batten Dorothy Neal Batten ’90 Jane P. Batten Samuel E. Bodily & Jolene H. Bodily Mary Buckle Searle ’86 & Stewart A. Searle III John M. Camp III ’79 & Caren Camp H. William Coogan Jr. ’82 & Theresa M. Riddle (Comm ’87) James A. Cooper ’84 & Stacy Cooper Terrence D. Daniels ’70 & Courtnay S. Daniels Louis G. Elson ’90 Carson Q. Gleberman ’86 & Joseph Gleberman John W. Glynn Jr. & Barbara A. Glynn William H. Goodwin Jr. ’66 & Alice T. Goodwin Kirsti W. Goodwin ’02 & Matthew T. Goodwin

Peter M. Grant ’86 & Colleen J. Grant Estate of Steven D. Hale Robert D. Hardie ’95, ’99 & Molly G. Hardie Robert J. Hugin ’85 & Kathleen Hugin John B. Jung Jr. ’84 & Connie B. Jung Mark J. Kington ’88 & Ann A. Kington Douglas R. Lebda ’14 & Megan Lebda Daniel S. Lynch ’84 & Elizabeth H. Lynch ’84 Richard A. Mayo ’68 & Sara Page Mayo Donald E. Morel Jr. (TEP ’97) & Lauren Morel Albert N. Morgan Jr. ’72 & Carla Morgan J. Byrne Murphy ’86 & Pamela Breslin Murphy Michael E. O’Neill ’74 & Patricia J. O’Neill Richard J. Parsons ’80 & Yvette Parsons Zhiyuan “Jerry” Peng ’03 & Ying Hu Frank M. Sands Sr. ’63 & Marjorie R. Sands + Douglas A. Scovanner ’79 & Mary M. Scovanner Robert W. Smith ’87 & Teresa Smith Allan W. Staats ’62 + & Barbara Staats

DA R D E N S O C I E T Y

Sponsors’ Circle: $50,000–99,999 Joseph P. Balog ’88 & Cheryl S. Balog Richard E. Berry ’94 J. Andrew Bugas ’86 & Maryann H. Bugas A. Hazen Burnet ’69 & Sarah M. Burnet Thomas W. Dickson ’80 Franklin S. Edmonds Jr. ’95 & Pamela F. Edmonds Jacqueline M. Glynn ’93 Richard C. Jacobsen Jr. ’89 & Margaret M. Jacobsen ’87 John G. Macfarlane III ’79 & Dudley W. Macfarlane E. Morgan Massey Marshall N. Morton ’72 & Caroline Morton Ian W. Ratcliffe ’94 & Elizabeth A. Ratcliffe Greg Renker Brittany D. Roy ’15 & Kenneth F. Schulman ’14 George S. Tahija ’86 & Laurel Tahija Bruce R. Thompson ’90 William P. Utt ’84 & Carolyn S. Utt Steven C. Voorhees ’80 & Celia Voorhees Jianwei J. Yao ’01 & Wenjing Mao

Founders’ Circle: $25,000–49,999 Richard C. Albright Jr. ’90 & Pamela W. Albright Thomas J. Baltimore Jr. ’91 & Hillary D. Baltimore R. David Banyard Jr. ’04 & Diane Banyard John R. Belk ’86 & Kimberly D. Belk Robert K. Citrone ’90 & Cynthia L. Citrone Hugh M. Comer II ’91 & Deborah R. Comer Charles R. Cory ’82 & Kimberlee Cory Gordon Crawford ’71 Lawton W. Fitt ’79 & James I. McLaren John D. Fowler Jr. ’84 & Corey P. Fowler Catherine Joan Friedman ’86 & Jon R. Duane Thomas M. Fulcher Jr. ’86 Frank E. Genovese ’74 & Susan L. Genovese John W. Guinee III ’82 & Michelle K. Guinee Naren K. Gursahaney ’89 William A. Hawkins III ’82 & Sharon D. Hawkins Peter J. Hicks ’74 & Kathryn V. Hicks Bret W. Holden ’88 & Jeanne-Marie Z. Holden

Martina T. Hund-Mejean ’88 & Bruno J. Mejean Philip W. Knisely ’78 & Patricia Knisely Reginald W. Lathan ’87 William B. Massey Jr. & Randee Massey William E. Massey Jr. & Rebecca C. Massey Sachin J. Mehra ’96 & Bina Mehra G. Patrick Phillips ’73 & Deborah Phillips Thomas E. Robinson ’73 Henry F. Skelsey ’84 & Susan W. Skelsey Anthony W. Smith ’87 & Elizabeth R. Smith Shannon G. Smith ’90 Lilo Simmons Ukrop ’89 & R. Scott Ukrop ’89 Philip B. Weymouth III ’93 & Elizabeth K. Weymouth ’94 Robert C. Woodworth ’73 & Joyce Woodworth Marietta Edmunds Zakas ’84 & Dennis L. Zakas

Leaders: $10,000–24,999 Anonymous J. Scott Adams ’92 & Monique S. Adams Joseph Andrasko ’11 & Jenifer G. Andrasko ’10 Michael S. Augins ’99 Claire D. Beardsley & Scott C. Beardsley Donald R. Benson ’89 W.L. Lyons Brown III ’87 & Susanna S. Brown Wesley G. Bush Paul J. Cavicchi ’83 G. David Cheek ’79 & Katherine P. Cheek Nicholas J. Conell ’11 & Stephanie M. Conell ’11 Kevin M. Cox ’79 & Charlotte J. Cox Guillaume M. Cuvelier ’91 Richard P. Dahling ’87 & Nancy L. Sanborn William K. Daniel II ’91 & Robin W. Daniel Michael A. DeCola ’77 & Lee F. DeCola Robert G. Doumar Jr. ’88 & Noelle C. Doumar John O. Downing ’82 James K. Dunton ’62 & Nancy H. Dunton Ariel Eckstein ’95 Richard C. Edmunds III ’92 & Kathy Edmunds Tyrone W. Eggemeyer ’89 & Leslie F. Eggemeyer Warren F. Estey ’98 & Linda H. Estey Arnold B. Evans ’97 & Joyce H. Evans Luke E. Fichthorn IV ’98 & Katherine R. Fichthorn Thomas J. Friedmann ’90 & Amy D. Anderson John M. Fruehwirth ’96 & Christine A. Fruehwirth ’96 Darren A. Fultz ’06 Richard L. Garnett ’75 & Karen Juul-Nielsen ’78

DARDEN INVESTORS REPORT

E. Roe Stamps IV James W. Todd ’64 & Sharon K. Todd Bradley J. Waitzer ’87 & Terry Waitzer Thomas R. Watjen ’81 & Nanette A. Watjen Michael B. Zalamea ’92

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

Peter U. Gavin ’13 & Andrea M. Gavin Theodore J. Gillman ’92 John L. Glover III ’00 Donald W. Goodman ’84 & Andrea P. Goodman ’84 Patrick C. Graney III ’81 & Jessica S. Graney Gregory B. Graves ’89 Ira H. Green Jr. ’90 & Susan M. Green John R. Haley ’87 & Carrie C. Haley ’87 Paul S. Herendeen ’83 & Kristin B. Herendeen ’89 Robert L. Huffines ’92 & Lisa G. Huffines Thomas V. Inglesby ’84 & Joan W. Inglesby Frederick E. Jenney ’81 Lisa O. Jones ’85 John P. Kanan ’06 Richard I. Kellogg ’72 David B. Kelso ’82 & Sara E. Kelso William M. Kern ’74 Martin G. King ’91 & Rosemary B. King ’91 John R. Kirk ’64 & Joanne L. Kirk James E. Kluttz ’74 & Dorothy Lewis Kluttz Robert P. Kyle ’82 & Patricia K. Kyle Linwood A. Lacy Jr. ’69 & Constance C. Lacy Mark C. Lamarre ’90 Robert E. Lamb II ’70 & Charlotte Lamb Michael B. Lanahan ’74 & Leslie H. Lanahan George T. Laub ’89 & Heidi F. Laub ’89 Bruce R. Lauritzen ’67 Josiah S. Lindsay ’02 & Nicole M. Lindsay ’99 Jane R. Lundquist ’80 Peter G. Mann ’64 & Margaret Thomson Mann Todd R. Marin ’89 & Fiona Kotur Marin Jonathan D. Mariner Brian N. McDonald ’87 & Margaret McDonald Emmett E. McLean ’84 Mark C. Mead ’90 Peter C. Meisel ’86 & Susan Meisel Brendan T. Miles ’88 & Carolyn S. Miles ’88 Curtis J. Miller ’02 David L. Miller ’72 & Helen Miller G. Gilmer Minor III ’66 & Charlotte M. Minor E. Benjamin Mix III ’86 Kenneth D. Morgan ’68 Adair B. Newhall ’09 & Kathryn McCann-Newhall Ernest M. Norville ’84 & Carla S. Norville William S. Ogden Jr. ’92 & Linda B. Ogden ’92 Lee S. Owen ’72 & Jenny Owen

G. Ruffner Page Jr. ’86 & Virginia White Page John W. Parsons ’89 & Ellen T. Parsons Mark R. Patterson ’87 & Thea J. Patterson Carl E. Peoples ’94 Claire F. Polk ’05 & Daniel Edward Polk Dominic M. Pomponi ’05 & Kimberly Pomponi John A. Powell ’82 Scott A. Price ’90 & Shizuko M. Price Theodore W. Price ’68 & Carol B. Price Thomas W. Reedy Jr. ’91 & Jennifer Byrd Reedy Harry T. Rein ’73 & Susan D. Rein Steven S Reinemund ’78 & Gail T. Reinemund Matthew J. Reintjes ’04 & Janine B. Reintjes Matthias D. Renner ’86 & Linda G. Renner Reynaldo Roche ’07 Abby A. Ruiz de Gamboa ’04 & Alberto A. Ruiz de Gamboa Klaus T. Said Frank M. Sands ’94 Robert J. Shanfield ’87 & Francine N. Shanfield ’87 Lauren Shepard Taylor A. Shepard ’20 Katrina F. Sherrerd (Ph.D. ’87) & David G. Smith Ricardo B. Silva ’86 & Amelia W. Silva Erik A. Slingerland ’84 George Stelljes III ’88 John R. Strangfeld Jr. ’77 Ann H. Taylor ’85 & Peter R. Taylor Warren M. Thompson ’83 Timothy P. Treadway ’79 Kimberly Franklin Trundle ’93 & Stephen S. Trundle Ronald E. Trzcinski ’71 & Patricia Trzcinski Robert S. Ukrop ’72 & Jayne B. Ukrop Edward W. Valentine ’93 & Laura Valentine Allan J. Vartelas ’85 Sankaran Venkataraman & Sarasa Subramony David N. Webb ’77 & Nancy Shepherd Webb ’77 Donald M. Wilkinson III ’92 & Lauren D. Wilkinson Charles H. Witmer ’83 & Meryl L. Witmer Keith Woodard ’75 & Patricia B. Woodard Richard S. Youngman ’76

Fellows: $5,000–9,999 Anonymous Firas J. Al-Barzinji ’15 Kristina M. Alimard ’03 & Babak Alimard James C. Allison ’82 & Tracy Allison

Joseph L. Bandlow Jr. ’85 & Sherrill P. Bandlow ’85 David A. Beach ’69 & Carolyn H. Beach Brian C. Bednar ’97 & Rebecca B. Bednar Adam D. Bennett ’09 & Stephanie T. Bennett ’09 Thomas M. Bland ’83 Ari D. Blum ’02 David L. Bonenfant ’10 & Jennifer L. Bonenfant Abney S. Boxley III ’83 & Julie M. Boxley Blair P. Boyle ’01 & Soledad H. Boyle ’01 Edward P. Brickley ’98 & Colleen Brickley Jennifer S. Briggs ’14 Barbara M. Bruner (Ph.D ’90) & Robert F. Bruner William H. Carter ’99 & Erica L. Carter Edward J. Casey Jr. ’84 & Holly M. Casey Andrew Chambers ’11 Christopher J. Chapman ’73 Samuel M. Chappell III ’82 & Nancy B. Chappell James S. Cheng ’87 & Jeanette Wang Cheng Mark A. Christian ’86 & Melissa V. Christian Phillip A. Clough ’90 T. Scott Coleman ’79 & Yasmine Z. Coleman Susan C. Coogan ’82 Anthony D. Costello ’06 & Laura Jacobs Costello ’06 Robert C. Courain Jr. ’67 & Ruth Courain Jesse V. Crews ’77 & Vanessa Crews Jana H. Crutchfield ’79 Martin J. Curran ’84 & Susan Sager Curran Ravenel B. Curry III ’67 Edward A. d’Agostino Jr. ’85 George A. L. David ’67 James J. Doherty ’83 & Margaret W. Doherty ’84 Herbert A. Dollahite ’81 & Elizabeth D. Dollahite Paul H. Donovan ’95 & Cristin M. Donovan Basil M. Duncan III ’90 Jonathan R. Ebinger ’93 Karen K. Edwards ’84 Michael A. Ernst ’86 & Joyce J. Ernst ’87 Mehdi Fateh ’97 John H. Faulk ’02 & Suzanne C. Faulk Timothy J. Foley ’11 & Natalie Schafer Foley ’11 Frederick L. Fowler III ’95 & Ann H. Fowler ’95 Alyssa M. Franklin ’05 Mary Frediani & David R. Frediani Drew S. Freides ’00 Jill Frey & Sherwood Frey Jr. Howard S. Furman ’85 & Jacquelyn S. Furman

Robert A. Gary IV ’77 Virginia S. Genereux ’92 John M. Geraghty ’72 Sunil K. Ghatnekar ’92 & Christine L. Moon ’92 Gordon Grand III ’75 Lawrence L. Gray ’92 & Freddie Gray James R. Groch ’85 & Mignon Groch Christopher J. Grogan ’87 R. Allen Haight ’89 & Franziska Haight Summer Kassir Haltli ’10 & Brennan M. Haltli W. Gibson Harris II ’68 & Pam Harris William R. Harrison ’86 & Paula B. Harrison Gordon R. Herring ’70 & Sarah G. Herring G. Scott Hetzer ’84 & Katherine W. Hetzer Daniel B. Hirschhorn ’88 Robert N. Hoglund ’86 & Suzanne R. Hoglund ’86 Ned Hooper ’94 & Freya S. Hooper ’94 Claire C. Hyde ’80 & William L. Hyde Jr. Augustine O. Ifedirah ’02 John M. Imbriglia ’09 Edward P. Imbrogno ’85 & Annette M. Imbrogno Marcien B. Jenckes ’98 & Sabrina A. Cellarosi Kendall Jennings ’12 Gary T. Jones ’74 & Elizabeth Rhett Jones Bobby M. Jordan Jr. ’08 Carolyn A. Keating ’92 Gabrielle King ’71 Kenneth F. King ’93 Peter S. Kirby ’91 & Kyoko O. Kirby Lowell D. Kirkman Jr. ’94 & Stephanie D. Kirkman Mark R. Klausner ’91 & Melynda M. Klausner ’91 Thomas R. Klenke ’94 & Naomi E. Tam ’93 Rudolph Krediet ’06 Venu J. Krishna ’95 Allison Spencer Kuehn ’81 & Ronald L. Kuehn Naresh Kumra ’99 & Jaya Sinha Steffen M. Lauster ’92 & Paige G. Lauster ’92 Stephanie M. Leouzon ’89 Lemuel E. Lewis ’72 & Sandra W. Lewis Richard S. Lindahl ’91 Grant N. Lischick ’19 George W. Logan ’71 & Helen B. Logan Amanda Lozano ’09 Donald A. Lucchesi ’79 & Elizabeth Lucchesi John D. Malgieri ’07 Paul J. McAuliffe ’83 & Jill P. McAuliffe

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

John R. McCann Jr. ’08 & Elizabeth Quin McCann ’08 Sandra N. McGlynn ’87 & John P. McGlynn Benjamin M. McGrath ’85 & Linda B. McGrath Scott F. Meadows ’15 & Sarah N. Meadows Fernando Z. Merce ’98 & Kelly C. Buckley Merce John M. Millar ’72 & Mary H. Millar Roy J. Moore ’86 Peter J. Morelli II ’82 & Sandra S. Morelli Edmond N. Moriarty III ’87 John D. Munford III ’87 & Elizabeth H. Munford Aaron T. Myers ’15 & Valerie Myers Blake T. Myers ’93 Louis P. Nelson II ’77 & Lee Nelson W. Olin Nisbet ’92 Matthew M. Nyberg ’89 & Lisa T. Nyberg ’89 Talmadge O. O’Neill ’95 & Renata O’Neill Peyton H. Owen Jr. ’84 & Susan L. Owen Michael T. Paradis ’16 & Deana Paradis Timothy E. Parker ’01 & Elizabeth Parker Louise C. Parzick ’86 & Joseph E. Parzick Peter D. Prowitt ’81 & Nancy G. Prowitt Larry J. Puglia ’90 & Sandra Marie Puglia Yudhono Rawis ’16 Robert E. Reeve ’85 Christopher T. Rehberger ’15 & Michelle P. Rehberger Brian Rhodes ’09 Luis G. Rios Murrieta ’11 & Katherine Wiggins Rios ’11 W. Gregory Robertson ’70 Joyce E. Rothenberg ’85 & Mace Rothenberg Ronny T. Rowell ’12 Shiro Sakamoto ’95 Douglas R. Sandor ’86 & Julia C. Sandor ’86 Michael L. Sandridge ’98 & Danielle W. Sandridge Nicholas P. Sargen Glenn Scherrer ’08 Michael M. Schieffelin & Katherine Schieffelin Peter W. Schmidt ’74 & Rencie C. Schmidt Kenneth Shea ’87 & Carolyn Shea George F. Shipp ’82 Joseph J. Shropshire ’03 Susan O. Skelsey ’15 & Henry F. Skelsey Jr. ’15 Shirley Small & Albert H. Small Emily Follin Smith ’85 Karen S. Smythe ’87 & John L. Smythe Vance H. Spilman ’88 & Beth C. Spilman ’88 Jon C. Spivey ’99 & Thespina D. Spivey ’01

Christopher R. Stringer ’01 Benjamin J. Sullivan Jr. ’82 & Charlotte M. Sullivan Edward C. Swindler ’84 & Barbara P. Swindler Marcus M. Tarkington ’69 & Leslie L. Tarkington ’69 Thomas A. Taylor Jr. ’85 & Juliette L. Taylor Christopher R. Taylor ’15 David L. Tayman ’97 & Alice Tayman Mark B. Templeton ’78 & Yvonne Shuler-Templeton James E. Thompson Jr. ’86 & Cynthia T. Thompson Kenneth B. Trippe ’87 Christopher G. Turner ’91 & Karen A. Turner Nicholas P. Valdrighi ’65 Brett L. Van Buskirk ’10 & Page H. Van Buskirk ’10 Curtis W. Voges ’88 Gordon W. Wallace Jr. ’92 Paul V. Walsh ’92 & Jennifer S. Walsh Susan P. Webb-Dreyfus ’84 & Jean-Francois Webb-Dreyfus Jianzhong Wei ’02 & Wei Liu ’03 Meghan A. Welch ’10 Roger L. Werner Jr. ’77 & Karen Werner John P. White ’01 Mary R. Wimbish ’97 Jose Maria Zertuche ’00 & Virginia V. Zertuche Joseph M. Zuber IV ’94 & Chris A. Howe ’94 Alfonso M. Zulueta ’87

Dean’s Roundtable: $2,500–4,999 R. Stanley Allen ’84 & Susan O. Allen Mark M. Allenbach ’15 Stephen B. Altizer ’93 & Anne B. Altizer Eileen O’Shea Auen ’89 Stuart C. Bachelder ’06 Michael N. Bailey ’10 & Amelia P. Bailey John M. Balay ’89 George E. Barbee ’67 & Molly J. Barbee James F. Barter Jr. ’12 Lucien L. Bass III ’65 & Mary B. Bass Scott F. Bass ’97 & JoEllyn Bass Randolph H. Batten ’12 George B. Beam ’81 & Betsy Beam Kelly Becker ’08 Thomas J. Benjamin ’08 Jack M. Benson ’97 Edwin I. Berkowitz ’97 & Maryann Berkowitz JoAnn N. Bertges ’83 & Jack Bertges William L. Besash ’14

Thomas E. Bettcher ’75 & Barbara C. Bettcher David J. Blair ’82 Christopher B. Boggs ’98 & Caroline Boggs Alexander Ashe Bonnyman ’85 & Jean S. Bonnyman Cary G. Booth ’84 & Jane M. Booth Susan P. Botsford & Alan C. Botsford Jr. Helen M. Boudreau ’93 A. Bruce Bowden ’96 & Toni N. Bowden ’96 Michael T. Bowersox ’07 & Elizabeth Devane Bowersox William M. Brewster ’10 Mark W. Bridgers ’97 Allison S. Bridges ’01 S. Gregg Brooks ’09 & Chandra Brooks Fayette Brown III ’67 & Laurie W. Brown James A. Brown III ’92 & Diana A. Brown Eric B. Brune ’10 & Carrie G. Brune Charles R. Bryan ’88 Amy S. Buckley ’97 & Richard E. Buckley Willard Bunn III ’68 & Jeanette W. Bunn Tawana M. Burnett ’04 & Blaine Burnett L. H. Caldwell III ’79 & Kitty Caldwell Brian E. Callahan ’00 Claire M. Cappio Anthony Capra ’18 David B. Carson ’86 & Cheryl S. Carson ’86 Kent D. Carstater ’96 Adam P. Carter ’02 & Fabiola A. Carter ’02 William K. Carter ’81 & Sherry M. Carter John L. Castleman ’93 & Elizabeth P. Castleman Cummins Catherwood Jr. ’67 & Susan Catherwood Douglas E. Caton & Nancy Artis-Caton Audrey Chen ’97 Phillip C. Chen ’87 Tze-Liang Chiam ’04 & Kai Lu ’05 John M. Childress II ’83 Thomas J. Childress IV ’12 Nicolas M. Choumenkovitch ’92 Aman Chowdhury ’98 & Shravani Bagchi Chowdhury ’99 William S. Cohen ’07 & Jessica Cohen Steven R. Colton ’88 & Jeri Cash Colton Jorge Conde-Berrocal ’11 & Jennifer F. Conde Jerome E. Connolly Jr. ’88 & Vanessa P. Connolly Halsey M. Cook Jr. ’91 Sheri S. Cook ’93 Thomas L. Cordle Jr. ’65 Richard E. Core Jr. ’09

Sean M. Corrigan ’05 & Devon M. Corrigan ’06 Clayton C. Cosby ’97 & Christine C. Cosby John D. Cote ’13 Thomas E. Coulbourn Jr. ’95 & Sterling K. Coulbourn Olen Crane ’11 & Julie D. Trevey Catherine B. Cranor ’80 Robert S. Creighton ’82 Donna L. Crowder ’10 Andrew G. Crowley ’11 James S. Cruice Jr. ’81 & Valerie S. Cruice John E. Cunningham IV ’83 Cory M. Davis ’07 & Shannon L. Davis Paige T. Davis Jr. ’09 Ryan M. Davis ’07 Jenna Dawkins Peter V. Del Presto ’85 & Nancy B. Del Presto Eugene T. Dennis III Christopher J. DiBiagio-Wood ’12 & Leslie N. Wood Teresa R. DiMarco ’81 Ed Dinwiddie ’58 & Elizabeth D. Dinwiddie Perry E. Doermann ’71 & Mary H. Doermann Christopher C. Donahue ’15 David W. Dross ’84 Claire E. Dufek ’19 Charles G. Duffy III ’87 George T. Eastment III ’72 James J. Edwards Jr. ’93 & Laura S. Edwards Asli K. Eksioglu ’92 Richard W. Elder II ’94 Thomas Q. Elgar ’67 & Martha Elgar Frank R. Ellett ’93 & Heather L. Ellett Jonathan D. England ’06 Nelson V. Erickson ’08 Matthew Eubanks ’07 J. Kyle Evans ’14 A. Hugh Ewing ’71 & Susan Ewing Matthew L. Fedors ’10 David P. Feinbloom ’90 Pedro C. Fenjves ’84 James A. Ferency ’84 & Alise L. Ferency Sarah J. Finlayson ’79 & Lindley G. DeGarmo Caitlin C. Fitzmaurice ’11 Joseph B. Folds III ’91 & Lynn S. Folds Arthur E. Foster ’63 Jonathan D. Fraade ’84 & Rita Appel Theresa O. Frankiewicz ’87

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

Stuart M. Frantz ’84 Christopher E. French ’84 & Rhonda H. French John P. Frye Jr. ’71 & Jerrie S. Frye Palmer P. Garson ’83 & Douglas D. Garson Gregory W. Gartland ’00 & Lauren A. Burrow Harold W. Geisel ’70 & Susan L. Geisel Brian S. Goldberg ’02 Gerald C. Gonzenbach ’85 David W. Goodrich ’73 & Julie Houk Goodrich Roxane I. Googin ’85 & Kent Winterholler Timothy A. Gould ’90 & Deanna Conner Gould Jacqueline Grace ’10 John K. Graham ’87 William Gray ’78 & Diana R. Gray ’79 Phillip S. Green ’11 & Hitomi Green Stephen K. Grimm ’83 Irving M. Groves III ’77 Brandon P. Guichard ’14 & Caitlin M. Guichard Susan V. Gummeson & U. P. Gummeson Paul T. Hamaguchi ’70 Maureen E. Harrell ’08 Karl S. Hartmann ’00 William J. Harvey ’77 William D. Hawfield Jr. ’69 Kyle W. Hawke ’11 & Krystal L. Hawke Brandon C. Hayes ’01 & Jennifer S. Hayes ’01 Peter R. Hennessy ’86 & Anne G. Hennessy ’91 Craig M. Herron ’92 & Georgey Herron Edward D. Hess & Katherine L. Acuff John P. Hodgson ’87 & Blythe Jeffers J. Cameron Hoggan Jr. ’68 & Dixie Epes Hoggan Harriet T. Holderness ’76 & James Luebchow Richard R. Hollington III ’91 & Sarah Hollington Andrew C. Holzwarth ’09 & Michelle Holzwarth Michelle B. Horn ’95 & John A. Horn Patrick John Hounsell ’99 & Sonia LaRosa Hounsell ’99 Mark W. Howell ’75 Griffin H. Humphreys ’16 Kristen S. Huntley ’87 Gen A. Izutsu ’15 Wei Jin ’99 & Wen V. Zhang W. Cleveland Johnson II ’93 Dean M. Johnson ’84 & Maurie D. McInnis Thomas E. Johnstone ’88 & Cindy Johnstone Bruce D. Jolly ’67 & Anne Rist Jolly T. Reginald Jones ’11

Bradley J. Jordan ’98 Bryce A. Judd ’03 & Sarah Catherine Judd Matthew A. Kaness ’02 & Theresa Kaness Christine A. Kasper ’18 Arnon Katz ’09 & Mor Katz Michael Kender ’87 & Lucretia H. Kender Brian H. Kennedy ’80 & Barbara T. Kennedy Michael J. Kennedy ’90 & Robin A. Kennedy David M. Khtikian ’05 Mark Kieffer ’11 & Karlyn Kieffer Mari A. Kilroy ’82 & John V. Moorhead Scott S. Kim ’11 & Mee Joo Kim Kerry D. Kirk ’95 Kevin A. Klau ’02 & Erin Klau Lorin S. Knell ’01 Noah D. Knippa ’08 Kevin M. Kosefeski ’08 & Kelly C. Kosefeski Markus A. Kritzler ’04 John P. Lake ’05 Robert M. Lane ’15 J. Page Lansdale ’84 Charles E. Larkin ’90 Timothy M. Laseter ’84 & Jody S. Laseter Howard C. Lawrence ’62 Harry A. Lawton III ’00 T. Gaylon Layfield III ’75 & Melissa H. Layfield James E. Leavitt III ’85 & Rhonda Leavitt Tyler H. Leinbach ’88 Larry J. Lenhart ’90 John G. Lert Jr. ’73 Buddy LeTourneau ’73 Ross S. Levine ’08 & Lauren J. Levine Harry N. Lewis ’57 & Dearing Ward Johns Lewis Geir Lie ’88 & Carol Hodge Lie John G. Loverro ’00 & Bridie Loverro William B. Luckert ’04 & Sara K. Luckert C. H. Randolph Lyon ’67 & Evelyn H. Lyon William H. Lyon ’00 James B. Mackey ’98 & Heidi B. Mackey Tracie P. MacMahon ’87 James C. Magill Jr. ’79 Daniel P. Mahoney ’08 & Tucker B. Mahoney Armen J. Malikian ’71 William A. Maner IV ’90 & Allison B. Maner Kristina F. Mangelsdorf ’94 David B. Manley ’75

Anne T. Masters ’97 & Eric Masters Brian T. Mathis ’07 Irenee D. May Jr. ’84 Mark E. McCall ’91 Michael P. McDermott ’16 Jay M. McDonald ’71 Roy W. McDowell ’87 & Barrie J. McDowell Max M. McFarlin ’70 Harold W. McGraw IV ’07 John G. McLean Jr. ’85 & Susan A. McLean Lea V. Medow ’94 Rajan J. Mehra ’93 & Karuna Mehra James K. Meneely III ’97 Christopher I. Meyer ’09 & Megan Meyer Taylor H. Meyer ’13 & Bradley Meyer Lewis N. Miller Jr. ’72 & Elizabeth P. Miller Kevin M. Miller ’97 Eugene T. Millsap IV ’12 Brendan S. Miniter ’16 & Paulette Miniter Thomas C. Minoff ’14 Paul A. Minton ’96 & Michele C. Minton ’96 James M. E. Mixter Jr. ’75 & Laura O. Mixter Elizabeth D. Moffett ’88 & Dean Matthew Powell Margaret A. Montague ’01 Daniel W. Mooney ’08 & Evan Mooney Peter G. Morgan ’16 & Sarah K. Morgan Betsy M. Moszeter ’11 Zell Murphy II ’92 Philip W. Murray ’96 & Julie G. Murray ’96 Nikhil Nath ’00 Dana L. Niedzielska ’97 Benjamin K. Noland ’11 Walker J. Noland ’03 & Mary-Margaret B. Noland Nels Peter Nordquist ’99 & Jennifer Nordquist Philip K. O’Bannon ’15 R. Timothy O’Donnell ’81 & Michelle Kane O’Donnell James H. Oldershaw ’02 Patrick A. O’Shea ’86 & Maria Medaris O’Shea Martha M. Page ’14 Richard M. Paschal ’89 & Lura Paschal Caren Pasquale Seckler ’98 Lewis F. Payne Jr. ’73 & Susan K. Payne Chetan Peddada ’15 Matthew D. Pedersen ’11 Antonio U. Periquet Jr. ’90 & Martha I. Periquet Laura M. Pettus ’18

Karen K. Phillips ’82 Kathryn A. Pittman ’10 & Mark A. Pittman Timothy J. Portland ’90 & Elizabeth L. Portland Charles E. Poston Jr. ’17 & Rebecca D. Poston Luke M. Pototschnik ’04 Christopher J. Privon ’83 & Keron C. Privon Marc A. Puntereri ’77 David X. Qu ’08 & Angela Qu Christopher C. Quarles III ’90 Candice E. Radloff ’18 Hagen Radowski ’91 & Mona Radowski Thomas D. Rein ’11 Benjamin T. Remmert ’06 & Katherine S. Remmert ’06 Dustin T. Renn ’07 Alan J. Reyes ’00 Todd W. Riggs ’02 & Jennifer Riggs Mark A. Riser ’94 & Harriet Brown Hanlon Riser Brian P. Dineen ’11 & Kathryn J. Roberts ’12 Brett M. Robertson ’08 & Heidi B. Robertson Mayra A. Rocha ’16 Harold J. Rodriguez Jr. (TEP ’98) & Jacquelyn F. Rodriguez Christopher H. Rodriguez ’13 & Rachel P. Rodriguez Elvis Rodriguez ’10 James G. Rose Jr. ’85 & Megan Walker Rose Joao M.C. Rotta ’04 & Flavia Freire Cancegliero ’04 Jeffrey P. Rudnicki ’11 & Emily C. Dowling Patrick F. Ryan ’10 Elizabeth H. Schad ’79 Nina F. Scherago ’86 Robert C. Schletter ’79 Robert G. Schoenvogel ’06 & Thames T. Schoenvogel Leslie Z. Schorr ’88 & Thomas E. Schorr Wilrich H. Schroeder ’85 Joseph V. Schwan ’13 William H. Schwarzschild IV ’08 Randolph Scott Seibert ’09 & Aimee Perron Seibert David G. Shanahan ’87 & Patricia D. Van Belle ’94 Nancy Shorter David A. Simon ’03 & Julia Lockhart Simon Randy J. Sinclair ’15 Jason Sinnarajah ’07 & Jessica P. Sinnarajah ’07 Jon A. Slabaugh ’93 & Claire P. Slabaugh C. Ray Smith ’58 & Phyllis J. Smith Townsend C. Smith ’87 & Eileen P. Smith Daniel Thompson Smythe ’84 & Rosamond Parker Smythe ’84 Gordon L. Spaugh Jr. ’04 & Christie Spaugh

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

DARDEN INVESTORS REPORT

DA R D E N S O C I E T Y

James M. Spencer ’98 & Carolyn Spencer Richard T. Spurzem & Melissa Spurzem Matthew Christopher Steere ’99 & Erin G. Steere Scott A. Stemberger ’04 & Renee Stemberger Marc D. Stern ’88 & Kim Yellin David C. Stotler ’85 & Adele Brown Stotler ’85 Frederick Stow Sr. ’58 Connee B. Sullivan ’82 & Kent C. Sullivan Daniel P. Sullivan ’99 & Jenelle Hammes Sullivan ’99 Ichiro Suzuki ’84 Robert L. Swain ’96 & Jill Swain Stephen C. Sweeney ’07 Samuel V. Tallman Jr. ’71 Christopher P. Tanco ’92 Thomas K. Tattersall ’04 & Kelly Tattersall Gerardus Teunissen ’67 & Maggie Teunissen Morton G. Thalhimer Jr. (TEP ’59) Deborah B. Thomas ’89 Kelly M. Thomson ’99 Santhosh G. Varughese ’05 & Jodi L. Thrasher ’05 Thomas D. Tichenor ’11 Michael K. Tierney ’96 & Janet P. Tierney Russell E. Toney ’99 Joaquin R. Torres ’01 Helen M. Troy ’81 John Tye ’00 Zachary G. Upcheshaw ’15 Alok Vaish ’97 Bradley M. Vaughn ’08 Felipe C. Velasquez ’15 Stacy B. Vermylen ’75 & David B. Vermylen Gerrud Wallaert (TEP ’18) S. Pierce Walmsley V ’92 & Veronika P. Walmsley Guilford D. Ware Jr. ’91 & Elizabeth E. Ware Seth E. Webber ’99 R. Jack Weber & Carol C. Weber Robert M. Weber ’91 Thomas B. Whelan II ’77 & Claire F. Whelan R. Van Whisnand ’68 & Campbell B. Whisnand Martha C. White ’94 Gary R. Wilhite ’84 Howard P. Wilkinson Jr. ’73 & Carolyn N. Wilkinson Robert E. Willen ’95 & Cynthia E. Siedman-Willen Joy S. Willey TEP ’97 & David M. Willey ’89 Catherine Cranton Williams ’12 & Christopher Davis Williams

Christin G. Willis ’13 & Jeffrey M. Willis ’13 Rebecca M. Wilson ’96 James W. Wininger ’04 & Heather Wininger Peter Woodbury ’91 John H. Woodfin Jr. ’95 & Charlotte B. Woodfin Kurt W. Woolley ’06 & Heather Woolley David F. Woynerowski ’02 & Elisabeth Woynerowski John O. Wynne Jr. ’04 John A. Young ’92 & Rebecca A. Young Sallye C. Zink ’77 John B. Zinn III ’72

Abbott Associates: $1,000–2,499 Maria L. Abreu ’17 & Andrew N. Chima ’16 Patrick M. Adams ’19 Patrick T. Agahigian ’19 Brian C. Alas ’16 Phaedra L. Anglin ’19 Felix H. Artmann ’19 Katherine Atchison ’18 David R. Ball (TEP ’19) Rebecca L. Barkley ’19 David V. Bellis ’19 & Kelly S. Bellis Margaret M. Bermel ’19 Teeja Boye ’19 Adam C. Branham ’17 Matthew R. Brennan ’19 William W. Bryan III ’17 Margot R. Bunn ’17 Samuel G. Campbell ’18 Roger D. Carlile ’16 & Rita L. Carlile Eric C. Cash ’16 Elyse Chen ’16 Sandhya K. Chhabra ’17 & A. B. Chhabra Jordan J. Clarke ’19 Antoine E. Cobb ’18 Kyle P. Collins ’18 Sarah R. Coogan ’16 & Henry W. Coogan III ’16 Parks H. Daniel ’18 Kimberly R. Diaz ’19 Jennifer L. Dresback ’03 & Brian S. Kohler ’18 Mackenzie W. Drescher ’19 Robert R. Duggan ’17 H. Joseph Easter IV ’17 William B. Easton ’19 Marlon T. Evans ’19

DA R D E N S O C I E T Y

Samidh Pareek ’18 Jonathan W. Peters Jr. ’19 Timothy C. Prey ’18 James E. Reynolds ’17 Colin H. Rice ’19 Matthew D. Rice ’19 Amanda L. Richardson ’19 Nicholas L. RisCassi ’19 Jorge Rodriguez Juarbe ’16 Jennifer H. Rose ’19 Caroline S. Rubin ’19 Taylor A. Sankovich ’19 Michael D. Sargent Jr. ’17 Michael H. Schmitt ’18 Linden E. Schult ’17 Nikhil S. Shetty ’18 Vidhur Srinivasan Chari ’18 Jessica M. Streufert ’17 Gregory S. Suellentrop ’16 & Holly Suellentrop Lingyi Sun ’19 Wenda Sun ’19 Lydia Y. Tang ’16 Caitlyn N. Unsworth ’19 Arturo F. Urueta Molina ’17 Alana B. Wall ’19 Duoning Wang ’20 Yin Wang ’16 Collin D. Weber ’18 Peter J. Weicher ’19 Adele E. Young ’17

+ Deceased

DARDEN INVESTORS REPORT

Angelica Febrillet ’17 Elizabeth Feidler ’17 Neil V. Ferrini ’16 Michael G. Fox ’17 Daniel H. Friedman ’19 Catherine T. Fuller ’19 Lily H. George ’17 & Matthew R. George ’13 David L. Goldich ’19 Janeth G. Gomez Gualdron ’17 Thomas N. Gonzalez ’19 Maggie Gray ’17 David A. Haddock ’16 Hillary G. Hardy ’19 Brian T. Havey ’16 Thomas A. Holz ’17 Swetha Susan Isaac ’19 Melissa C. Jenkins ’16 Rutvik Bhaskar Karve ’19 Shristi S. Kauffman ’19 Maureen E. Keegan ’17 Sasha Y. Kelemen ’17 Tyler D. Kirchoff ’18 Sundeep Kohli ’19 Amjad Korshlow (TEP ’19) Sean S. Kumar ’19 Reid A. Lathan ’18 Bochao Li ’19 Paul R. Maenner Jr. ’19 Philip B. Marsel ’17 Justin D. Masters ’19 Patrick J. McHugh ’16 Anne K. McKenna ’19 Elizabeth S. McMann ’19 Matthew C. McWhite ’19 Maria Melchor Fernandez Sevilla ’19 Alice S. Melton ’19 Juan A. Morales ’18 James D. Morris Jr. ’17 Alexis C. Moulin ’19 Steven R. Neece ’19 Lewis L. Nelson ’17 Christopher D. Newman ’16 Oluwaseun A. Odekunle ’19 Michael A. Osborne ’19 Diego P. Pacheco-Gonzales ’19 S. Michelle Packer (TEP ’19) & Cleve H. Packer

C O R P O R AT E PA R T N E R S

Corporate Partners As Darden fulfills its mission to inspire responsible business leaders, it is only fitting that the School partners with businesses that share a desire to improve society. Initial resources to establish Darden came from a small group of Virginia business leaders who provided both financial support and advisory expertise for the School, setting the foundation for Darden’s strong relationship with the corporate world today. Corporate support continues to amplify the School’s mission, especially through corporate partnerships. We proudly recognize these companies and their dedicated Darden alumni for unwavering generosity and leadership.

BRONZE LEVEL: $25,000

ORANGE LEVEL: $10,000

N AV Y L E V E L : $ 5 , 0 0 0

DARDEN INVESTORS REPORT

Honoring One Darden Leader Powers the Next

At Darden, the positive impact of the School’s strong relationships with corporations on the student experience is undeniable. This fiscal year, HBM Holdings made a gift to Darden, which generated additional support through UVA’s Bicentennial Scholars Fund, to establish the Mike and Lee DeCola Family Scholarship Fund. This gift honors the longstanding service of Mike DeCola (MBA ’77) as president and CEO of HBM and supports scholarships for students at Darden. “We are excited by this opportunity to empower future Darden students and show our gratitude for Mike’s many contributions,” said Margaret Mathews Jenks, member of the Mathews family of HBM Holdings.

F O U N DAT I O N G I V I N G

Foundation Giving

M Y E D U C AT I O N T H U S FA R AT D A R D E N HAS BEEN NOTHING SHORT OF LIFECHANGING, AND THE PERSONAL T R A N S F O R M AT I O N A N D G R O W T H I H AV E E X P E R I E N C E D H AV E B E E N I N C R E D I B L E . YOUR GIFT HAS MADE ALL OF THIS P O S S I B L E , A N D I A M I N C R E D I B LY T H A N K F U L T O H AV E B E E N G R A N T E D T H E H O N O R O F A S TA M P S F E L L O W S H I P. ” ELLEN WIRRY (CLASS OF 2021), WHO RECEIVED A FULL-TUITION SCHOLARSHIP T H A N K S T O T H E S U P P O R T O F T H E S T A M P S F A M I LY C H A R I T A B L E F O U N D A T I O N

DARDEN INVESTORS REPORT

Philanthropic support from foundations is integral to Darden’s success to date and aspirations for the future. Foundations with missions that align with Darden’s purpose power the School’s position as a global business school that improves the world. Foundations meaningfully impact each of the School’s strategic priorities thanks to grants that support thought leadership, scholarships, coursework, student experiences and so much more.

DA R D E N A N N U A L F U N D

Leading Supporters of the 2020 Darden Annual Fund Through the Darden Annual Fund, everyone can shape the transformational experience for which Darden is known. Thanks to the generosity of alumni and friends, the Darden Annual Fund raised a record-breaking $6.06 million to support innovation, recruit and retain worldclass faculty and staff, provide scholarships for deserving students, enhance Darden’s impact and stature around the world, and ensure the School lives its value as a diverse, global community. As Darden pivoted in response to the coronavirus pandemic, support from the annual fund helped to cover technology costs associated with the transition to virtual operations, provide financial support to minimize hardship on students, increase financial aid and expand scholarship opportunities for the Class of 2022, allowing the School to preserve its unparalleled educational experience.

Executive Circle: $100,000 & Above

DARDEN INVESTORS REPORT

Altec/Styslinger Foundation Dorothy Neal Batten ’90 James A. Cooper ’84 & Stacy Cooper Robert J. Hugin ’85 & Kathleen Hugin Donald E. Morel Jr. (TEP ’97) & Lauren Morel Albert N. Morgan Jr. ’72 & Carla Morgan

Sponsors’ Circle: $50,000–99,999 Terrence D. Daniels ’70 & Courtnay S. Daniels E. Morgan Massey Michael E. O’Neill ’74 & Patricia J. O’Neill Greg Renker Frank M. Sands Sr. ’63 & Marjorie R. Sands + Douglas A. Scovanner ’79 & Mary M. Scovanner George S. Tahija ’86 & Laurel Tahija Bruce R. Thompson ’90 Steven C. Voorhees ’80 & Celia Voorhees

Founders’ Circle: $25,000–49,999 Richard C. Albright Jr. ’90 & Pamela W. Albright Thomas J. Baltimore Jr. ’91 & Hillary D. Baltimore The Batten Foundation Hugh M. Comer II ’91 & Deborah R. Comer Charles R. Cory ’82 & Kimberlee Cory Gordon Crawford ’71 Lawton W. Fitt ’79 & James I. McLaren John D. Fowler Jr. ’84 & Corey P. Fowler Thomas M. Fulcher Jr. ’86 Frank E. Genovese ’74 & Susan L. Genovese Carson Q. Gleberman ’86 & Joseph Gleberman Peter M. Grant ’86 & Colleen J. Grant William A. Hawkins III ’82 & Sharon D. Hawkins Bret W. Holden ’88 & Jeanne-Marie Z. Holden Martina T. Hund-Mejean ’88 & Bruno J. Mejean Mark J. Kington ’88 & Ann A. Kington Philip W. Knisely ’78 & Patricia Knisely William B. Massey Jr. & Randee Massey William E. Massey Jr. & Rebecca C. Massey Sachin J. Mehra ’96 & Bina Mehra Marshall N. Morton ’72 & Caroline Morton Richard J. Parsons ’80 & Yvette Parsons Henry F. Skelsey ’84 & Susan W. Skelsey Robert W. Smith ’87 & Teresa Smith Shannon G. Smith ’90 James W. Todd ’64 & Sharon K. Todd William P. Utt ’84 & Carolyn S. Utt Philip B. Weymouth III ’93 & Elizabeth K. Weymouth ’94 Robert C. Woodworth ’73 & Joyce Woodworth

Leaders: $10,000–24,999 Anonymous Joseph Andrasko ’11 & Jenifer G. Andrasko ’10 Frank Batten Jr. ’84 & Aimee C. Batten Claire Dufournet Beardsley & Scott C. Beardsley John R. Belk ’86 & Kimberly D. Belk Richard E. Berry ’94 W.L. Lyons Brown III ’87 & Susanna S. Brown J. Andrew Bugas ’86 & Maryann H. Bugas Wesley G. Bush Paul J. Cavicchi ’83 G. David Cheek ’79 & Katherine P. Cheek Nicholas J. Conell ’11 & Stephanie M. Conell ’11 H. William Coogan Jr. ’82 & Theresa M. Riddle (Comm ’87) Kevin M. Cox ’79 & Charlotte J. Cox

Guillaume M. Cuvelier ’91 Richard P. Dahling ’87 & Nancy L. Sanborn William K. Daniel II ’91 & Robin W. Daniel Robert G. Doumar Jr. ’88 & Noelle C. Doumar John O. Downing ’82 James K. Dunton ’62 & Nancy H. Dunton Ariel Eckstein ’95 Franklin S. Edmonds Jr. ’95 & Pamela F. Edmonds Warren F. Estey ’98 & Linda H. Estey Arnold B. Evans ’97 & Joyce H. Evans Luke E. Fichthorn IV ’98 & Katherine R. Fichthorn Thomas J. Friedmann ’90 & Amy D. Anderson John M. Fruehwirth ’96 & Christine A. Fruehwirth ’96 Richard L. Garnett ’75 & Karen Juul-Nielsen ’78 Peter U. Gavin ’13 & Andrea M. Gavin Theodore J. Gillman ’92 John L. Glover III ’00 Donald W. Goodman ’84 & Andrea P. Goodman ’84 William H. Goodwin Jr. ’66 & Alice T. Goodwin Kirsti W. Goodwin ’02 & Matthew T. Goodwin Ira H. Green Jr. ’90 & Susan M. Green John W. Guinee III ’82 & Michelle K. Guinee Naren K. Gursahaney ’89 John R. Haley ’87 & Carrie C. Haley ’87 Robert D. Hardie ’95, ’99 & Molly G. Hardie Paul S. Herendeen ’83 & Kristin B. Herendeen ’89 Richard C. Jacobsen Jr. ’89 & Margaret M. Jacobsen ’87 John P. Kanan ’06 Richard I. Kellogg ’72 David B. Kelso ’82 & Sara E. Kelso William M. Kern ’74 Martin G. King ’91 & Rosemary B. King ’91 John R. Kirk ’64 & Joanne L. Kirk Linwood A. Lacy Jr. ’69 & Constance C. Lacy Mark C. Lamarre ’90 Bruce R. Lauritzen ’67 Josiah S. Lindsay ’02 & Nicole M. Lindsay ’99 Jane R. Lundquist ’80 Daniel S. Lynch ’84 & Elizabeth H. Lynch ’84 Peter G. Mann ’64 & Margaret Thomson Mann Jonathan D. Mariner Brian N. McDonald ’87 & Margaret McDonald Emmett E. McLean ’84 Mark C. Mead ’90 Peter C. Meisel ’86 & Susan Meisel Brendan T. Miles ’88 & Carolyn S. Miles ’88

Curtis J. Miller ’02 David L. Miller ’72 & Helen Miller G. Gilmer Minor III ’66 & Charlotte M. Minor E. Benjamin Mix III ’86 J. Byrne Murphy ’86 & Pamela Breslin Murphy Adair B. Newhall ’09 & Kathryn McCann-Newhall Ernest M. Norville ’84 & Carla S. Norville G. Ruffner Page Jr. ’86 & Virginia White Page Zhiyuan “Jerry” Peng ’03 & Ying Hu Claire F. Polk ’05 & Daniel Edward Polk Dominic M. Pomponi ’05 & Kimberly Pomponi John A. Powell ’82 Theodore W. Price ’68 & Carol B. Price Thomas W. Reedy Jr. ’91 & Jennifer Byrd Reedy Harry T. Rein ’73 & Susan D. Rein Steven S Reinemund ’78 & Gail T. Reinemund Matthew J. Reintjes ’04 & Janine B. Reintjes Matthias D. Renner ’86 & Linda G. Renner Thomas E. Robinson ’73 Klaus T. Said Frank M. Sands ’94 Mary Buckle Searle ’86 & Stewart A. Searle III Lauren Shepard Taylor A. Shepard ’20 Katrina F. Sherrerd Ph.D. ’87 & David G. Smith Ricardo B. Silva ’86 & Amelia W. Silva Erik A. Slingerland ’84 George Stelljes III ’88 John R. Strangfeld Jr. ’77 Ann H. Taylor ’85 & Peter R. Taylor Warren M. Thompson ’83 Timothy P. Treadway ’79 Kimberly Franklin Trundle ’93 & Stephen S. Trundle Ronald E. Trzcinski ’71 & Patricia Trzcinski Lilo Simmons Ukrop ’89 & R. Scott Ukrop ’89 Robert S. Ukrop ’72 & Jayne B. Ukrop Edward W. Valentine ’93 & Laura Valentine Allan J. Vartelas ’85 Sankaran Venkataraman & Sarasa Subramony Bradley J. Waitzer ’87 & Terry Waitzer Donald M. Wilkinson III ’92 & Lauren D. Wilkinson Charles H. Witmer ’83 & Meryl L. Witmer Richard S. Youngman ’76

+ Deceased

DARDEN INVESTORS REPORT

DA R D E N A N N U A L F U N D

REUNION GIVING

Reunion Giving Reunion giving allows classes to align philanthropy to impact the future of the School and honor its legacy of excellence. Gifts to Darden by reunion-year alumni generated more than $5.9 million to support Darden’s mission, despite the postponement of the 2020 Darden Reunion Weekend due to the coronavirus pandemic. Three classes leveraged their reunion years to bolster support for class scholarships: The Class of 1970 Scholarship was expanded this year. This scholarship will serve as a yield scholarship with preference to support a prospective student with a history of military service. The Class of 1985 Mark A. Kaish Bicentennial Scholarship was created in memory of classmate Mark Kaish, and leveraged matching dollars from UVA’s Bicentennial Scholars Fund,

DARDEN INVESTORS REPORT

Reunion Class Participation

to support a need-based scholarship for Darden students in perpetuity. The Class of 2015 EMBA Jeffrey Hammond Long Scholarship was created in memory of classmate Jeff Long to support scholarships for students in the Executive MBA program. The hallmark moment for reunion classes is returning to Charlottesville to catch up with faculty and friends during Darden Reunion Weekend. To ensure the health and safety of alumni, faculty, staff and students during the coronavirus pandemic, the 2020 Darden Reunion Weekend was postponed from its original date, but the School is developing plans to host reunion events virtually in 2021. Reunion giving totals reflect new commitments made to Darden from 1 July 2019 through 30 September 2020.

Class

Reunion Giving Total

1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2010 EMBA 2015 2015 EMBA 2015 GEMBA 2019 2019 EMBA

$2,500 27% $14,925 50% $597,695 42% $408,296 53% $273,350 26% $1,496,633 42% $1,643,631 25% $598,447 24% $116,199 31% $130,856 26% $122,872 32% $36,266 29% $238,439 26% $138,675 24% $4,200 20% $80,575 59% $22,191 47%

Total

$5,925,750 35%

Class Participation

H I C KO RY C L U B

Hickory Club The Hickory Club recognizes Darden alumni who have given consistently each year to the Darden School for a minimum of three years. Founded in 2005 as a way to recognize loyal donors, the Hickory Club was named for Dean Charles C. Abbott’s everloyal black Labrador retriever, Hickory. The club is a symbol of the dedication Darden alumni express for the School through consecutive giving. In fiscal year 2020, the Hickory Club reached an impressive 2,725 members. Nearly 2,000 have given consistently for a decade and 792 have given for 25 years or more.

MEMBERS

1,997 MEMBERS HAVE GIVEN C O N S I S T E N T LY F O R 10+ YEARS

792 MEMBERS HAVE GIVEN C O N S I S T E N T LY F O R 25+ YEARS

For a complete listing of Hickory Club members by Darden class year, please visit darden.virginia.edu/2020contributorslist

Powered by Persistence In October 2019, Brian Cowan (MBA ’91) was honored posthumously by Darden and the Darden Alumni Association Board of Directors with the 2019 Harry N. Lewis Distinguished Service Award. The high honor is bestowed on an alumni volunteer leader who has dedicated exceptional, longtime volunteer service to the School, a class or an alumni chapter, as well as demonstrated a passionate and creative commitment to engaging alumni in the ongoing life of the School. Cowan’s wife, Connie Hallquist (MBA ’91), joined by their daughter, Anna Cowan, accepted the award on behalf of her late husband. “Brian Cowan was a true friend to Darden,” said Darden School Foundation President Michael Woodfolk (TEP ’05). “He was simply known as the glue that kept that class together.”

DARDEN INVESTORS REPORT

2,725

SCHOOL

LEADERSHIP A N D A L UM N I DARDEN INVESTORS REPORT

VOLUNTEERS

DARDEN INVESTORS REPORT

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Darden School Leadership

R. Marc Johnson Senior Assistant Dean for Student Engagement and Strategic and Global Initiatives

Christie Julien Assistant Dean for Global Diversity, Equity and Inclusion

Dean Krehmeyer Scott C. Beardsley

Michael J. Woodfolk

Dean and Charles C. Abbott Professor of Business Administration

President, Darden School Foundation

Enterprise Team Kirby Armentrout Assistant Dean of Finance and Financial Aid

Dawna Clarke Executive Director of Admissions

Juliet Daum Chief Marketing and Communications Officer

Martin N. Davidson Johnson and Higgins Professor of Business Administration, Senior Associate Dean and Global Chief Diversity Officer

Gregory B. Fairchild

DARDEN INVESTORS REPORT

Isidore Horween Research Associate Professor of Business Administration, Associate Dean for Washington, D.C., Area Initiatives and Academic Director of Public Policy and Entrepreneurship

Chief of Staff

Michael J. Lenox Tayloe Murphy Professor of Business Administration, Senior Associate Dean and Chief Strategy Officer

Casey Lichtendahl Eleanor F. and Phillip G. Rust Associate Professor of Business Administration and Academic Director of the MSBA Program

Jeff McNish Assistant Dean, Darden Career Center

Larry Murphy President, Custom Solutions, Darden Executive Education & Lifelong Learning

Thomas J. Steenburgh Richard S. Reynolds Professor of Business Administration and Senior Associate Dean for the Residential MBA Program

Sankaran “Venkat” Venkataraman Mastercard Professor of Business Administration and Senior Associate Dean for Faculty and Research

Mary Margaret Frank

Maureen Wellen

Senior Associate Dean for Faculty Development, Samuel A. Lewis Sr. Faculty Fellow, John Tyler Professor of Business Administration and Institute for Business in Society Academic Director

Executive Director, Faculty Advancement

Yael Grushka-Cockayne Professor of Business Administration, Altec Styslinger Foundation Bicentennial Chair in Business Administration and Senior Associate Dean for Professional Degree Programs

Ronald T. Wilcox NewMarket Corporation Professor of Business Administration and Associate Dean of Executive Degree Programs

Ashley Williams CEO and Chief Learning Officer for Executive Education & Lifelong Learning

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Darden School Foundation Board of Trustees The mission of the Darden School Foundation is to support the School by promoting philanthropic support from individuals and corporations, managing endowment funds for the School’s exclusive benefit, and operating Darden’s Executive Education program and hospitality services. The board oversees the Foundation’s strategies and gives time, financial support and advice, providing an important link between the academic and business communities.

John D. Fowler Jr. (MBA/JD ’84) Wells Fargo Securities LLC

Catherine J. Friedman (MBA ’86) Independent Consultant

John W. Glynn Jr. Glynn Capital Management

Kirsti W. Goodwin (MBA ’02) Tower 3 Investments

Peter M. Grant II (MBA ’86) Anchormarck Holdings LLC

Yael Grushka-Cockayne University of Virginia Darden School of Business

H. William Coogan Jr. (MBA ’82)

Michelle B. Horn (MBA ’95)

Retired, Firstmark Corp.

Softbank Group

James A. Cooper (MBA ’84)

Robert L. Huffines (MBA ’92)

Thompson Street Capital Partners

JPMorgan Chase & Co.

Retired, Mastercard

Charles R. Cory (MBA/JD ’82)

John C. Jeffries Jr.

Immediate Past Chair Elizabeth K. Weymouth (MBA ’94)

Retired, Morgan Stanley & Co. Inc.

University of Virginia

Retired, Celgene

Vice Chair Martina T. Hund-Mejean (MBA ’88)

Robert G. Doumar Jr. (MBA/JD ’88)

David B. Kelso (MBA ’82)

Grafine Partners

Park Square Capital LLP

Retired, Aetna

Kirby C. Adams (MBA ’79)

Franklin S. Edmonds Jr. (MBA/JD ’95)

Rosemary B. King (MBA ’91)*

Retired, Tata Steel Europe

Scott C. Beardsley

Panning Capital Management LP

University of Virginia Darden School of Business

Richard C. Edmunds (MBA ’92)

W.L. Lyons Brown III (MBA ’87) **

Karen K. Edwards (MBA ’84)

Altamar Brands LLC

Boyden Global Executive Search

J. Andrew Bugas (MBA ’86)

Warren F. Estey (MBA ’98)

Radar Partners

Deutsche Bank

Wesley G. Bush

Arnold B. Evans (MBA/JD ’97)

Retired, Northrop Grumman

SunTrust Bank

Strategy&, PwC

Global Heritage Fund

Mark J. Kington (MBA ’88) Kington Management LLC

Naresh Kumra (MBA ’99) JMATEK Ltd.

Lemuel E. Lewis (MBA ’72) IvMedia LLC

Jeanne M. Liedtka University of Virginia Darden School of Business

DARDEN INVESTORS REPORT

Chair Robert J. Hugin (MBA ’85)

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Nicole McKinney Lindsay (MBA ’99/JD ’00) Mastercard Center for Inclusive Growth

Elizabeth H. Lynch (MBA ’84) Evercore

Jonathan D. Mariner ** TaxDay LLC

Richard A. Mayo (MBA ’68) Game Creek Capital

Sachin J. Mehra (MBA ’96) Mastercard

Carolyn S. Miles (MBA ’88) Syracuse University Maxwell School

Donald E. Morel Jr. (TEP ’97)* Progenitor Capital LLC

J. Byrne Murphy (MBA ’86) DigiPlex Companies

Adair B. Newhall (MBA ’09)* Greenspring Associates

DARDEN INVESTORS REPORT

Michael E. O’Neill (MBA ’74)

James E. Ryan University of Virginia

Frank M. Sands (MBA ’94) Sands Capital Management

Emeritus Trustee Cabinet

Frank M. Sands Sr. (MBA ’63)

Chair Elizabeth K. Weymouth (MBA ’94)

Sands Capital Management

Grafine Partners

Henry F. Skelsey (MBA ’84)

James S. Cheng (MBA ’87)

3QU Media LLC

CAV Angels

Erik A. Slingerland (MBA ’84)

Louis G. Elson (MBA ’90)

EAS International SA

Palamon Capital Partners LLP

Robert W. Smith (MBA ’87)

Palmer P. Garson (MBA ’83)

Retired, T. Rowe Price Co.

Silvercrest Asset Management Group

Shannon G. Smith (MBA ’90)

Frank E. Genovese (MBA ’74)

PointGuard

William A. Hawkins III (MBA ’82)

Mark J. Styslinger Altec Inc.

Bruce R. Thompson (MBA ’90) Bank of America Corp.

Lilo Simmons Ukrop (MBA ’89)

Gary T. Jones (MBA ’74) Georgia Institute of Technology

Philip W. Knisely (MBA ’78) Clayton, Dubilier & Rice LLC

University of Virginia Darden School of Business

Reginald W. Lathan (MBA ’87)

Retired, Citigroup

Patrick A. O’Shea (MBA ’86)

William P. Utt (MBA ’84)

Warren M. Thompson (MBA ’83)

ICmed LLC

Retired, KBR Inc.

Thompson Hospitality Corp.

G. Ruffner Page Jr. (MBA ’86)

Steven C. Voorhees (MBA ’80)

Thomas R. Watjen (MBA ’81)

McWane Inc.

WestRock Co.

Zhiyuan (Jerry) Peng (MBA ’03) Sands Capital Management

ChemTrans

Roger L. Werner Jr. (MBA ’77) RLW Holdings Ltd.

Donald M. Wilkinson (MBA ’66)

Alex R. Picou (MBA ’89) JP Morgan Private Bank

Joaquin Rodriguez Torres (MBA ’01) * Princeville Global

ex-officio member

* new board member for FY 2021 ** completed service in FY 2020

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

The mission of the Alumni Association Board of Directors is to improve the professional quality, reputation, and leadership of the School and its alumni, and to develop, strengthen and utilize the bonds of interest, influence and affection existing between the School, its alumni, its faculty and the business community.

Goldman Sachs

Christine P. Barth (MBA ’94)

Douglas T. Moore (MBA ’80)

Sandhya Chhabra (EMBA ’17)* Albemarle Endocrinology PLC

Jerome E. Connolly Jr. (MBA ’88) J. Connolly Financial Consulting LLC

Andrew G. Crowley (MBA ’11) Markel Corp.

Fonbnk Inc.

Michael J. Ganey (MBA ’78) GaneyNPD

Ira H. Green Jr. (MBA ’90)

Deutsche Bank Securities Inc.

Simmons Energy

President Patrick A. O’Shea (MBA ’86)

Owen D. Griffin Jr. (MBA ’99)

University of Virginia Investment Management Co.

Yiorgos S. Allayannis

Visa

Taylor Meyer (MBA ’13)*

Christian Duffus (MBA ’00)

Kristina M. Alimard (MBA ’03)

Kristina F. Mangelsdorf (MBA ’94)

Darden Student Association

Fidelity Investments

ICmed LLC

Darden Student Association

Megan C. Bailey (Class of 2021)*

Richard P. Dahling (MBA ’87)

Chair Warren F. Estey (MBA ’98)

Max P. Linden (MBA ’20)**

OSHAKits.com

Evan A. Inra (EMBA ’08) Amazon Web Services

Kendall Jennings (MBA ’12) Accenture

University of Virginia Darden School of Business

Bruce D. Jolly (MBA ’67)

Keith F. Bachman (MBA ’89)

Harry N. Lewis (MBA ’57)

Bank of Montreal

Retired, Lewis Insurance Agency Inc.

1847 Goedeker

Betsy M. Moszeter (EMBA ’11) Green Alpha Advisors

Richard J. Parsons (MBA ’80) Writer

Elvis Rodriguez (MBA ’10) Bank of America Securities Inc.

Nancy Chotiner Schretter (MBA ’79) The Beacon Group

Mary Buckle Searle (MBA ’86) Strategic Thought Partners

David A. Simon (MBA ’03) SRS Capital Advisors

Jason Sinnarajah (MBA ’07) Buffalo Bills

Henry F. Skelsey Jr. (MBA ’15) Connected Travel LLC

David L. Tayman (MBA/JD ’97) Tayman Lane Chaverri LLP

Shaojian Zhang (MBA ’99) CITIC Capital

Self Employed

* new board member for FY 2021 ** completed service in FY 2020

DARDEN INVESTORS REPORT

Alumni Association Board of Directors

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Corporate Advisory Board

Kevin C. Clark (MBA ’01)** Ergobaby

William S. Cohen (MBA ’07) Bank of America Private Bank

Robert E. Collier (MBA ’10) The mission of the Corporate Advisory Board (CAB) is to advise and support the School in developing deep and mutually beneficial relationships with global corporations, government partners, foundations and other appropriate organizations. The CAB collaborates with the dean, faculty, staff, students, and other Darden boards and councils to fulfill the School’s mission by driving and facilitating corporate engagement, providing counsel and feedback, and supporting and advocating for Darden.

ChemTreat

Sean M. Corrigan (MBA ’05) The Walt Disney Co.

Donna Lynnette Crowder (EMBA ’10) U.S. Silica Co.

Daniel A. Dougherty (MBA ’94) Wells Fargo

Chair Richard C. Edmunds III (MBA ’92) Strategy&, PwC

Vice Chair Michelle B. Horn (MBA ’95) SoftBank Group

Indy Adenaw (MBA ’08)*

Sarita T. Finnie (MBA ’01)

Olive Tree Holdings

Bayer

Danielle Eesley Amfahr

Joseph B. Folds III (MBA ’91)

OFD Foods

Stuart C. Bachelder (MBA ’06)

Theresa O. Frankiewicz (MBA ’87)

DaVita Kidney Care

CC Industries Inc. and Crown Community Development

J. Michael Balay (MBA ’89)** Wiswell Advisors LLC

Joseph P. Balog (MBA ’88)** PwC

Mazen G. Baroudi DARDEN INVESTORS REPORT

Kelly Becker (MBA ’08) Schneider Electric

Mark S. Bower (MBA ’02) Bain & Co. Inc.

Adam Carter (MBA ’02)* WestRock Co.

Ivy L. Ghatan (MBA ’09) LinkedIn

Sunil K. Ghatnekar (MBA ’92) Prescient

S. Caribou Honig (MBA/JD ’96)** 3rd Act Ventures LLC

Marcien B. Jenckes (MBA ’98) Comcast Corp.

John B. Jung Jr. (MBA ’84) Craigie Inc.

Harry A. Lawton III (MBA ’00) Tractor Supply Co.

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Marguerite Longo (MBA ’08)*

Daniel E. Polk*

Edward W. Valentine (MBA ’93)

Johnson & Johnson

Humana

Harris Williams & Co.

Jason P. Lund (MBA ’06)**

Abby A. Ruiz de Gamboa (MBA ’04)

Gerrud Wallaert (TEP ’18)

Gilbarco Veeder-Root, Fortive

Deloitte Consulting LLP

RWE Renewables Americas LLC

Harold W. McGraw IV (MBA ’07)

Joseph V. Schwan (EMBA ’13)

S&P Global Market Intelligence

Baxter International Inc.

Fernando Z. Mercé (MBA ’98)

Acuity Advisors LLC

L. Michael Meyer (MBA ’92)** Middlegame Ventures

Thomas J. Steenburgh University of Virginia Darden School of Business

Diem H.D. Nguyen, PhD (MBA ’01)

Scott A. Stemberger (MBA ’04)

Pharmaceutical Product Development LLC

The Boston Consulting Group Inc.

Ann H. S. Nicholson (MBA ’01)

Amazon

Corning

Steven D. Williams (MBA ’06) Delta Air Lines Inc.

Gary R. Wolfe (MBA ’92) Wells Fargo Securities

Eric M. Swanson (MBA ’08) * new board member for FY 2021 ** completed service in FY 2020

Corporate Advisory Board member Fernando Mercé became CEO of toymaker Melissa & Doug in 2020 and also served as a keynote speaker for Darden’s Leadership Unscripted speaker series.

DARDEN INVESTORS REPORT

Melissa & Doug LLC

Colin P. Smyth (MBA ’04)

Meghan Welch (MBA ’10)* Capital One

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Dean’s Diversity Advisory Council

The mission of the Dean’s Diversity Advisory Council is to create and sustain a world-class business school culture whereby all members take responsibility for and value an inclusive and diverse environment.

Nicola J. Allen (MBA ’10)**

Reynaldo Roche (MBA ’07)

Danaher Corp.

Infinity Air Group

Tawana Murphy Burnett (MBA ’04)

William B. Sanders (MBA ’06)**

Facebook

William S. Chichester III* Microsoft

Paige T. Davis Jr. (MBA ’09)

Chair Alex R. Picou (MBA ’89)

T. Rowe Price

JP Morgan Private Bank

Teresa A. Epperson (MBA ’95)**

Vice Chair Nicole McKinney Lindsay (MBA ’99/JD ’00) Mastercard

A.T. Kearney Inc.

Jacqueline Grace (MBA ’10)* Caesars Entertainment Corp.

Ray R. Hernandez (MBA ’08) Northrop Grumman

Andrew C. Holzwarth (EMBA ’09) Piedmont Realty Holdings

Caroline D. Schoenecker (MBA ’11)* Deloitte

Rhonda M. Smith (MBA ’88) California Black Health Network

Cynthia K. Soledad (MBA ’02)* Egnon Zehnder

Deborah Thomas (MBA ’89) Somos Inc.

Jeffrey W. Toromoreno (MBA ’06)** Citigroup

Daniele M. Wilson (MBA ’11) Google

DARDEN INVESTORS REPORT

Octavia G. Matthews (MBA ’89)

Aramark

Tiffani C. Moore (EMBA ’16)* Federal Housing Finance Agency

Willard L. McCloud III (MBA ’04)** Pfizer Inc.

Michael A. Peters (MBA ’09)** Comcast Corp.

* new board member for FY 2021 ** completed service in FY 2020

S C H O O L L E A D E R S H I P A N D A L U M N I VO L U N T E E R S

Global Advisory Council

Antonio U. Periquet Jr. (MBA ’90) Pacific Main Holdings and the Campden Hill Group

Hagen Radowski (MBA ’91) Porsche Consulting Inc.

Yudhono Rawis (GEMBA ’16) PingAn Puhui Indonesia

Janeth G. Gomez Gualdron (GEMBA ’17) Capital One

Wei Jin (MBA ’99) Prudential Financial

Rosemary B. King (MBA ’91)** Global Heritage Fund

Xiang Liu (MBA ’05) Shanghai Cura Investment & Management Co. Ltd.

Richard K. Loh (MBA ’96)

Chair Naresh Kumra (MBA ’99)

Ploh Group Pte. Ltd.

JMATEK Ltd.

Todd R. Marin (MBA ’89)

Vice Chair Joaquin Rodriguez Torres (MBA ’01) Princeville Global

Marcos P. Arruda (MBA ’02) Zilor

Jennifer E. Chick (MBA ’08) Hilton Worldwide

Blue Ox Ventures

Lois M. McEntyre (MBA ’95) General Motors Corp.

Rajan J. Mehra (MBA ’93) March Capital

Agustin Otero Monsegur (MBA ’06)

Mayra A. Rocha (GEMBA ’16) Project M Media

Arpan R. Sheth (MBA ’96) Bain & Co.

Nishal Sodha (GEMBA ’17) Global Hardware Ltd.

Ichiro Suzuki (MBA ’84)** Retired, Nomura Asset Management

Alok Vaish (MBA ’97) Yatra.com

Jing Vivatrat Golden Gate Capital

Baocheng Yang (MBA ’04)** Huanghe Science and Technology College

Jianwei J. Yao (MBA ’01) Profision Shipping Capital Management Ltd.

Hai Ye (MBA ’04) McKinsey & Co.

OM Invest

Christine H. Davies (MBA ’09)

Pascal Monteiro de Barros (MBA ’91)

Poligage

Stirling Square Capital Partners

David R. Frediani

Nikhil Nath (MBA ’00)

Cyber Special Ops LLC

NSQ Advisory

** completed service in FY 2020

DARDEN INVESTORS REPORT

The mission of the Global Advisory Council is to help the School deliver on the following goals: to build a critical mass of leaders, executives and managers within established, growing and emerging economies; to strengthen Darden’s influence on business and society worldwide; and to grow the recognition of the Darden brand in key regions of the world.

RESPONSIVE. P E R S I S T E N T. ADAPTIVE. R E S I L I E N T. THE PURPOSE THEY POWER.

DARDEN INVESTORS REPORT

Your leadership R E S P O N D S to new possibilities for people and organizations.

Your leadership P E R S I S T S in shaping another generation of industry pioneers. Your leadership A D A P T S to enable school-wide success in a changing landscape. Your leadership is R E S I L I E N T beyond measure, always powering our purpose.

Thank you.

For more information on philanthropy at Darden, contact Interim Vice President for Advancement Samantha Hartog at +1-434-982-2151 or HartogS@darden.virginia.edu.

Physical Address 100 Darden Boulevard Charlottesville, Virginia 22903 USA Mailing Address P.O. Box 7726 Charlottesville, Virginia 22906-7726 USA +1-434-987-6371 giving.darden.virginia.edu