MAILED: July 17, 2000
The Lawrence M. Ozzello Leadership Fund of the University of Wisconsin-Eau Claire Foundation recently received a $50,000 gift from the Carl and Eloise Pohlad Family Foundation.
The fund, which is part of the UW-Eau Claire Foundation's Lawrence M. Ozzello Distinguished Professorship fund, recognizes and honors Dr. Larry Ozzello, professor emeritus of accounting, for his service to UW-Eau Claire and the accounting profession.
Ozzello shaped the personal and professional lives of hundreds of business college graduates during his 26-plus years as an educator, adviser and chair of the accountancy department, Dean Thomas Dock said. Ozzello joined the university in 1971 and served as chair of the accountancy department until 1994. He retired from the faculty in 1997 and has continued to teach part-time since his retirement.
"We are pleased to assist the university's College of Business as it honors Dr. Ozzello by ensuring continued excellence in the accounting and finance department," said Marina Munoz Lyon, vice president of the Pohlad Family Foundation. The Foundation provides general operating, project and capital grants, including support to one-time projects with high potential to improve the ongoing work of the organization.
The gift to the Ozzello fund will help ensure that the UW-Eau Claire accounting program continues to be one of the best undergraduate programs in the Midwest, according to Dr. Michael Wilson, department chair. The fund will help support student scholarships for outstanding accounting students and help keep faculty up-to-date on changes in the field, Wilson said.
"Larry Ozzello's impact on our program has been tremendous," Wilson said. "His focus has always been on students. He has attracted gift money for student scholarships and faculty development. There's no telling how many letters of recommendation he has written and how many jobs he has helped students get."
Ozzello said he is deeply honored that students and faculty will benefit from these funds for years to come. "The news of this gift put a bounce back in my gait that seemed lost," he said. "I know the students will benefit through their growth from the Pohlad family's help. They are a terrific role model for the youth of today. If any of their people skills, hard work, determination and benevolence rubs off on (the students), it will be worth it."
The faculty and staff of the College of Business at UW-Eau Claire provide undergraduate and graduate education through its four departments: Accounting and Finance, Business Communication, Management and Marketing and Management Information Systems. There are 2,100 students in the college's undergraduate and MBA programs.
Undergraduate and MBA degree programs are accredited by the AACSB the International Association for Management. About 370 of the 1,200 colleges and universities in the U.S. offering business degrees are accredited by AACSB. Slightly more than 300 including UW-Eau Claire are accredited at both the undergraduate and graduate level.
Janice B. Wisner
UW-Eau Claire News Bureau
Updated: July 20, 2000