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Thunderbird Receives $1 Million From Phoenix Real Estate Developer; Pivotal Group CEO Francis Najafi Targets Gift as Investment in Corporate Learning.

AScribe Business & Economics News Service, September, 2006

Byline: Thunderbird, the Garvin School of International Management

GLENDALE, Ariz., Sept. 25 (AScribe Newswire) -- Thunderbird alumnus and successful Valley Real Estate developer Francis Najafi has donated $1 million to his alma mater in an effort that ultimately could generate in excess of $8 million in revenue for the school.

Najafi, who graduated from Thunderbird in 1977, is the chief executive of Phoenix-based Pivotal Group, which has a real estate portfolio in excess of $1 billion. His interests also include Network Solutions, one of the world's largest Internet domain-name registries.

Francis Najafi's $1 million donation, which will ramp up the school's Corporate Learning activities and update the Thunderbird Web site, is unique in that...

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