The University of California, San Diego has announced that the UC San Diego Foundation has received a $6.05 million bequest from the late Cubic Corporation founder Walter J. Zable and his wife, Betty C. Zable.
The bequest has been allocated by the Foundation to support endowed faculty chairs in UC San Diego’s Rady School of Management and the Jacobs School of Engineering, to create an endowed scholarship and fellowship program for all students, and provide funds for the UC San Diego Shiley Eye Center.
Walter J. Zable, who died in June 2012 at the age of 97, founded San Diego-based Cubic Corporation in 1951 and served until his death as chief executive, chairman and president of the public corporation that provides military defense equipment and automated fare collection equipment. He was preceded in death by his wife, Betty, in 2007.
With their generous gift and vision, Betty and Walter Zable have created a lasting legacy for our campus,” said UC San Diego Chancellor Pradeep K. Khosla. “Boosting our endowment, funding faculty chairs, supporting students and advancing health care are all outcomes of our strategic planning process that will help in UC San Diego’s mission to be a student-centered, research-focused, service-oriented public university.”
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