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UCLA Anderson Press Release

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NEWS RELEASE:

Bill Cockrum Donates $5 Million to UCLA Anderson

Gift supports fellowships for finance, entrepreneurial MBAs

LOS ANGELES (Dec. 3, 2013)  -- William M. Cockrum, a UCLA Anderson School of Management adjunct professor and Board of Visitors member, has donated $5 million to establish an endowment to support the school and the Harold and Pauline Price Center for Entrepreneurial Studies.

$4 million of the gift will support fellowships for entrepreneurial MBA students. The remaining $1 million will help fund fellowships for finance students in UCLA Anderson’s MBA program.

“This gift is reflective of Bill’s longstanding devotion to our school,” said UCLA Anderson Dean Judy Olian. “He has taught generations of students who remain grateful to him for his keen industry insights and dedication as an educator. This most generous gift continues Bill’s commitment to Anderson’s future, and to our students and alumni.”

Cockrum has taught at UCLA Anderson for 30 years, reaching over 7,000 students. He currently teaches courses in entrepreneurial finance, investment management, leadership and business ethics. During his teaching career, he has won numerous academic teaching awards both at UCLA and abroad, including recognition as the top U.S. entrepreneurial professor in a 1996 survey conducted by Businessweek.

“It gives me great satisfaction to know that I am playing a vital role in supporting UCLA Anderson,” said Cockrum.

Prior to joining UCLA Anderson, Cockrum spent 25 years in the financial services industry, starting out as a marketer and eventually serving as CFO/CAO at Becker Paribas, Inc., a 3,000-employee investment-banking firm. When the company was sold to Merrill Lynch in 1984, he shifted gears and began consulting for now in excess of 40 chief executive officers. He still serves as consultant across various industries on issues such as organization structure, strategy, marketing, finance and administration.

“Bill is not only one of our most seasoned faculty members, he’s also a leading investment advisor whose wisdom and guidance is highly respected in the industry,” said Al Osborne, senior associate dean at UCLA Anderson. “He has mentored generations of entrepreneurs and finance professionals, and with this generous gift will impact many more to come.”

In addition to serving on UCLA Anderson’s Board of Visitors, Cockrum is a member of the Anderson Alumni Board and the Price Center’s Advisory Board. He also served on the UCLA Foundation’s investment committee for 15 years and is currently a member of the UCLA Foundation Board of Governors.

He is also on the Advisory Board of the Graduate School of Management at Cranfield University in England, is a visiting professor and Board member at the Betteny Centre for Entrepreneurial Studies at Cranfield. Cockrum is also a Director at Educational Housing Services, a not-for-profit providing 4,200 dormitory residences to 22 universities in New York City.

Cockrum earned a B.A. in Economics from DePauw University, and an MBA in Finance and Marketing from Harvard University’s Business School.

About UCLA Anderson School of Management

UCLA Anderson School of Management is among the leading business schools in the world, with faculty members globally renowned for their teaching excellence and research in advancing management thinking. Located in Los Angeles, gateway to the growing economies of Latin America and Asia and a city that personifies innovation in a diverse range of endeavors, UCLA Anderson's MBA, Fully-Employed MBA, Executive MBA, Global Executive MBA for Asia Pacific, Global Executive MBA for the Americas, Master of Financial Engineering, doctoral and executive education programs embody the school's Think In The Next ethos. Annually, some 1,800 students are trained to be global leaders seeking the business models and community solutions of tomorrow.

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