-Prof Relationship Inspired Endowed Chair
E. Marks '73,
chair and chief executive officer of Flextronics International,
has endowed a professorship in psychology and named the
chair in honor of professor of psychology Norman D. Henderson.
The first person to hold the chair will be named after Henderson
is the ultimate form of charity--anonymous," Henderson said
about the professorship. "Virtually all philanthropy involves
some payback--the building is named after you and a plaque
is engraved with your name. Michael Marks' name will not be
associated with this professorship at all. It's the ultimate
form of quiet giving and support."
is donating Flextronics stock currently valued at $2.1 million.
Flextronics is the second-largest electronics manufacturing
services firm in the world, with design, engineering, and
manufacturing operations in 28 countries on four continents.
Marks became chair of the board in 1993 and CEO in 1994. Under
his leadership, annual revenues have increased from $93 million
in 1993 to a projected $11 billion in 2000.