Business Services Industry

UCSD Names School of Management in Recognition of $30 Million Gift from Ernest Rady and Rady Family Foundation

Business Wire, Jan 22, 2004

Additional business activities included serving as a principal shareholder in Coast Distributing, a distributor of Anheuser Busch products in San Diego; PAR Broadcasting, which owned radio stations and telecommunications towers in San Diego (Rock 105.3, Q106, KOGO A.M. 600 and KCBQ) and throughout the United States; and Summit Resources, a publicly traded oil and gas company listed on the Toronto Stock Exchange. He was also one of the owners of the San Diego Sockers professional soccer team and a partner in the San Diego Padres.

Rady was born and raised in Winnipeg, Canada. He attended the University of Manitoba where he earned an undergraduate degree in commerce (University Gold Medal) and an advanced law degree (Law Society Award for Academic Achievement). He is a past member of the Manitoba Bar Association.

The gift from Ernest Rady and the Rady Family Foundation 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. The amount raised, as of January 22, is $560.5 million. The campaign is scheduled to conclude in June 2007.

Editor's Note: Related materials available at: http://ucsdnews.ucsd.edu/newsrel/campaign/radygift.htm.>