Butler business school receives $25 million gift

Butler has renamed its School of Business for benefactor Andre B. Lacy.
Butler has renamed its School of Business for benefactor Andre B. Lacy. | File photo

Butler University President James Danko has announced that Butler’s College of Business has been renamed the Andre B. Lacy School of Business. 

The new name comes in recognition of the $25 million commitment from Lacy Diversified Industries’ Chairman of the Board and his wife, Julia. Danko also announced that Lacy will serve as a senior adviser to the School of Business. 

The donation is the largest Butler has ever received from an individual or family.

U.S. News and World Report named Butler as the most innovative school in the Midwest in 2015 and among the top tier in the nation for internships, study abroad programs and undergraduate research. Butler’s School of Business was ranked No. 1 in the United States for internships by Bloomberg BusinessWeek just last week. 

The graduating class from the School achieved a 99 percent placement rate last year.

Lacy expressed his hope that the donation will establish Butler University as the top destination for business students, faculty, employers and Central Indiana community partners.