October 1, 2008

Louis and Barbara Perlmutter Donate $5 Million to Brandeis International Business School To Establish Institute for Global Business Leadership

Louis and Barbara Perlmutter have given $5 million to Brandeis University's International Business School (IBS) to establish the Perlmutter Institute for Global Business Leadership, the University announced today. The mission of the Institute is to prepare students for leadership positions in the global corporation of the future. The Institute will enable students to sharpen their analytical decision-making skills through interaction with seasoned global business and policy leaders on real life issues. Students will have a unique opportunity to gain a deeper understanding of the interaction between legal, economic and political forces and market conditions on organizational behavior and policy.

"Lou and Barbara Perlmutter's generous gift is a significant contribution to our university, strengthening the strong position IBS enjoys among the best international business schools," said Jehuda Reinharz, President of Brandeis University. "This is a wonderful investment on behalf of our students, our faculty, and the global companies that will reap the benefits of hiring our well prepared IBS graduates."

The Perlmutters have strong ties to Brandeis. Louis Perlmutter, a Boston native, is a graduate of Brandeis, a member of the board of trustees and was the first and to date, the only alumnus to serve as board chair. He received an honorary L.H.D. from the University. Barbara Perlmutter is a member of the IBS board, a Fellow of the University, and a founding member and past chair of the University's National Board of the Women and Gender Studies Program.

"Barbara and I share a deep commitment to preparing our business leaders of tomorrow for what they will face in the real world," said Louis Perlmutter. "It is our vision that the Institute act as a bridge between the theoretical and technical knowledge that the student masters in the classroom, and the pragmatic skills needed for success in the rapidly changing world of business and finance. The only way to accomplish that is through exposure to real world difficulties and interaction with seasoned practitioners who have lived and solved some of those problems."

"The Perlmutters' generous gift reflects their deep commitment to ensuring that Brandeis continues to be a leader in preparing business students to thrive and lead in the rapidly changing global business environment," said Bruce R. Magid, Dean of the Brandeis IBS. "This gift adds a new dimension to IBS and will help us chart an innovative path in the education of global business leaders."

Symposium: Leading in the New Global Economy

The Inaugural Perlmutter Institute event will be a Symposium on October 7th beginning at 10 a.m. at Brandeis University's Silver Auditorium located in the Sachar International Center. The theme of the inaugural symposium is, "Leading in the New Global Economy." Reuben Mark, Chairman of the Board of Directors for the global Colgate-Palmolive Company, whose products are sold in over 200 countries, will deliver the keynote address. The Keynote will be followed by a panel of top business leaders including Lawrence Weinbach, partner Yankee Hill Capital Management, LLC and former Chairman, President and CEO of Unisys; Kenneth M. Jacobs, Deputy Chairman of Lazard worldwide, and CEO of Lazard North America; and Brandeis Professor Dr. Catherine L. Mann. Panel Moderator Betty Wong, Reuters Global Head of Editorial Operations, will focus the discussion on what it takes to be a leader in the new global economy. Panelists will explore issues raised by Mr. Mark and by the current financial and moral crises affecting business leaders worldwide. The topic couldn't be timelier. IBS students and faculty are invited and there will be an opportunity to ask questions.

Editor's Notes:

The Perlmutter Institute for Global Business Leadership

The Perlmutter Institute for Global Business Leadership was established with a $5 million gift from Louis and Barbara Perlmutter. Louis Perlmutter, Class of 1956, is a retired senior partner of Lazard, and is currently a Senior Advisor to Lazard Alternative Investments. Barbara Perlmutter recently retired after 27 years as senior vice president of Public Affairs for Marsh & McLennan Companies.

Brandeis International Business School

Since its founding a little over a decade ago, the curriculum, teaching and research of the Brandeis International Business School have focused on the globalization of business and its many ramifications for corporations and the communities in which they operate. The School's multi-cultural student body with students from 66 countries; a curriculum rich in international business, economics and finance; and a faculty that includes leading researchers in and practitioners of the diverse aspects of these disciplines together provide IBS students with a truly international business education. IBS is accredited by AACSB International - the Association to Advance Collegiate Schools of Business. It is ranked as having one of the world's top full-time MBA programs by the Economist Intelligence Unit.