The Board of Trustees has voted to establish an endowed chair in economics in honor of former President Philip E. Austin.
The chair will be funded with an endowment set up in April 2007 by the UConn Foundation in Austin’s honor. Austin was University president from 1996 to 2007.
The Foundation has $1.4 million to support the chair, most contributed by prominent donors and leaders who worked closely with Austin during his 11-year tenure.
“Dr. Austin led the University through a dramatic transformation, a five-fold growth in endowment, an increased reputation for academic excellence, national athletic success, and many other points of pride,” says President Michael J. Hogan.
“This chair is to honor him for his many years of leadership and service, as well as to continue his legacy of excellence at UConn.”