George and Mary Turnbull Faculty Fellowship

In recognition of the Ivey Business School's commitment to recruit and support individuals who demonstrate leadership in national and international business, the Richard Ivey School of Business at The University of Western Ontario is proud to establish the George and Mary Turnbull Faculty Fellowship.

The objective of the George and Mary Turnbull Faculty Fellow is to retain at the Richard Ivey School of Business individuals who demonstrate leadership in national and international business.

Funding for the Faculty Fellowship will be provided by a generous donation of $500,000 from George (HBA'49) and Mary (BA'48) Turnbull, endowed at The University of Western Ontario. This donation will establish the George and Mary Turnbull Faculty Fellow in perpetuity with particular emphasis on selling.

The amount available for spending each year will be in accordance with the University's Investment Payout Policy (Policy 2.11) as it relates to endowed funding, and which may be amended from time to time. The Fellowship will be used to annually supplement the salary of a faculty member within the Richard Ivey School of Business.

The holder of the George and Mary Turnbull Faculty Fellow shall be selected on the recommendation of a Selection Committee constituted as follows:

The Dean of the Richard Ivey School of Business.

A faculty representative of the Richard Ivey School of Business, to be named by the Dean.

The Fellowship will be for a 3-year term, renewable at the discretion of the selection committee. The stipend provided to the holder of the Fellowship will terminate upon completion of the term.

Background:

The Senate and Board approved the terms of this Faculty Fellowship in early 2000, and since that time the donors have asked for this minor amendment.