August 30, 2004
SAIC Makes $4 Million Gift
To The Beyster
Institute At UCSD’s Rady School Of Management
By Lindsay Orth
The University
of California, San Diego announced today a gift of $4 million
from Science Applications International Corporation (SAIC) to
the Beyster Institute at the Rady School of Management.
SAIC made this gift in
honor of Dr. J. Robert Beyster upon his retirement as SAIC’s
chairman of the board. The gift will be used to promote global
entrepreneurship, employee ownership, and economic development
through consulting, training and international projects at the
Beyster Institute.
“Through this gift,
Dr. Beyster’s dedication to employee ownership will be passed
along to the next generation of business leaders, while also providing
many innovative opportunities for the Beyster Institute and the
Rady School,” said Robert S. Sullivan, dean of the Rady
School.
“Dr. Beyster’s
dedication to employee ownership over the past 35 years and commitment
to rewarding employees fairly for their efforts has been a cornerstone
in SAIC’s success,” said Ken Dahlberg, SAIC chairman,
president and chief executive officer. “The SAIC Board of
Directors is pleased to approve and establish a lasting legacy
honoring Dr. Beyster for all his accomplishments by making donations
in his name to both the Beyster Institute and the Foundation for
Enterprise Development.”
Established by Dr. Beyster
in 1986, the Beyster Institute’s purpose is to understand,
support and promote the roles of entrepreneurship and employee
ownership in growing companies and in society. The Institute was
integrated into the Rady School in June 2004.
SAIC is the nation's
largest employee-owned research and engineering company, providing
information technology, systems integration and eSolutions to
commercial and government customers. SAIC engineers and scientists
work to solve complex technical problems in national and homeland
security, energy, the environment, space, telecommunications,
health care, transportation and logistics. With annual revenues
of $6.7 billion, SAIC and its subsidiaries, including Telcordia
Technologies, have more than 44,000 employees at offices in more
than 150 cities worldwide. More information about SAIC can be
found on the Internet at www.saic.com.
The Rady School continues
UCSD’s tradition of excellence, risk-taking, and breakthrough
innovations, attracting the top business researchers and educators
in the world. The Rady School presents an integrated approach
to business and technology and emphasizes cross-boundary collaborations
and programs with UCSD centers of excellence: science, engineering,
medicine, economics and international relations. The charter class
of executive MBA students will enroll in fall 2004, and the charter
class of full-time students is slated for fall 2005.
This gift contributes
to the $1 billion fund-raising goal of The Campaign for UCSD:
Imagine What’s Next. Campaign priorities include supporting
students and faculty through scholarships, fellowships and endowed
chairs; creating and expanding academic programs; funding research
endeavors and health sciences advancements; and providing innovation
funds and unrestricted support. To date, UCSD has raised $619.4
million; the campaign is scheduled to conclude in June 2007.
Media Contacts:
Lindsay Orth (858) 822-5309
Ron Zollars
(SAIC), (858) 826-7896
