Lourdes University plans to announce its second endowed-chair program, the Joseph M. Magliochetti Endowed Chair of Business & Finance, at 4 p.m. Tuesday in the Franciscan Center Board Room, 6832 Convent Blvd.
The $500,000 chair is named in honor of Mr. Magliochetti, a former Dana Corp. chief executive officer who died in September, 2003.
The endowment is to be used to appoint a professor of finance, the creation of a finance major, a real-time stock-market media display on campus, and the creation of an annual leadership summit.
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