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Spring 2009 UMSL business alumnus to establish professorship University of Missouri–St. Louis alumnus Peter G. Schick has pledged $1.7 million to establish an endowed professorship in finance in the College of Business Administration. The endowment will be known as the "Peter G. Schick Professorship in Finance at UMSL." Schick, chairman of Moneta Group, earned a bachelor's degree in business administration in 1974 at UMSL. He credits the university with his success and said he's eager to give back. "UMSL made a difference in my life," he said. "It prepared me to move into the business world and helped me become who I am today. I'm very grateful. That is why my wife, Maria, and I decided to establish this professorship. Our hope is that it will add to an already outstanding college and help prepare future generations for success." A St. Louis native, Schick pursued a degree at UMSL after completing a tour in the U.S. Air Force. He then joined Moneta Group, a financial advisory company based in Clayton, Mo. By 1983, he had acquired the company and has since grown the firm. It's now one of the largest independent financial planning firms in the country. Schick has been an active donor to the university for several years, making contributions to the business college and student scholarships. UMSL Chancellor Tom George said Schick has not only achieved remarkable professional success, but has become a dedicated civic leader. "Peter is an extraordinary example of UMSL alumni," George said. "From humble beginning in south St. Louis, Peter has worked hard and become highly successful. We're overwhelmed by his continued support of UMSL, our College of Business Administration and our community as a whole. "The Schick professorship, which will be the first endowed position for the college's finance area, will be filled through a national search. In addition to classroom and research responsibilities, the scholar holding the professorship will oversee the college's chartered financial analyst exam preparation program. To learn more about this story, contact us. |