The UT College of Business and Innovation will celebrate the gift of Alan H. and Karen A. Barry as they become Million Dollar Partners for their $1 million gift establishing an endowed professorship in accounting.
The celebration, which will include the unveiling of a plaque, will take place Friday, Oct. 20, at 2 p.m. in the Stranahan Hall lobby.Mr. Barry, a 1966 graduate of the UT College of Business, is a certified public accountant, the retired president and chief operating officer of the Fortune 200 company Masco Corp., and currently serves on the UT Foundation Board of Trustees.
“The accounting background I got at the University was beneficial to me throughout my career,” he said when their gift was announced in April. “I’ve always been a supporter of the University, and once I was in a position to do so financially, I felt pretty good about giving back to the University that gave me the opportunity to succeed.”
The Alan H. and Karen A. Barry Endowed Professorship in Accounting will be used to recruit or retain a professor in the Department of Accounting; any costs related to the recruitment of a faculty member; bridge or pilot research projects; faculty and staff development costs; curriculum development; the development of a fellowship program; and specialized equipment needed for teaching.