Brock creates Goodman School of Business

The Brock Faculty of Business is now a thing of the past.
On Oct. 12, Brock University announced that the school’s Faculty of Business would from now on be known as the Goodman School of Business. The school is being named after the family of Ned Goodman, the businessman and investment expert who has been the University’s Chancellor for the past five years.
The transformation was made possible by a generous donation by the Goodman Foundation. The university did not specify the exact size of the gift at the request of the Foundation.
“This wonderful news bodes well for the future of the University on a number of levels, not least of which are the kinds of resources and facilities it will mean for faculty and students, for generations to come.” said Brock University President, Dr. Jack Lightstone.
“Brock could not be more grateful for the honour of having the Goodman name, an iconic and respected Canadian business family name, as part of our school.”
Mark Goodman, son of Ned Goodman, said the Goodman family is proud to provide Brock with the gift, one that will provide the new capital funding to ensure that the Goodman School of Business can look forward to expansion of its excellence in business education, encouraging economic freedom to Brock students and its graduates.
“My family looks forward to working with the University in the continuance of upgrading the excellence of the Goodman School of Business, now and in the future,” said Goodman.
Lightstone said that Goodman has taken a very keen interest in the University during his time as Chancellor.
“Ned has certainly been a source of invaluable counsel as the University has navigated its way through the challenges and growing pains that inevitably characterize periods of significant expansion. So after all of that service and guidance, we are now honoured to permanently create a legacy in perpetuity that speaks to this family’s generosity, and to its commitment that Brock plays the biggest role it can in preparing today’s students to be tomorrow’s public and private leaders,” said Lightstone.
Don Cyr, the Dean of Business at Brock, called this moment “a pivotal turning point for the Faculty of Business, providing us with resources and impetus to take our rightful place as leaders in business education and research.”
Ned Goodman has agreed to serve as an adjunct professor to the Goodman School of Business, providing future students access to his many years of business and investment experience.
Lightstone said that Brock will benefit by being able to fund a number of initiatives, including academic research, community outreach and business development activities, as well as scholarships and awards. He said the gift will also “advance discussions” about a new building for the Goodman School.
Goodman is a geologist who has a Bachelor of Science degree from McGill University and a Master of Business Administration from the University of Toronto. He earned the designation of Chartered Financial Analyst in 1967. In 1997 he was awarded a Doctorate of Laws, honoris causa, by Concordia University. He was named Entrepreneur of the Year in 2004 and Developer of the Year in 1989. In November 2005 he was honoured with the Career Achievement Award at the 11th annual Canadian Investment Awards. In 2012 he was inducted into the Canadian Mining Hall of Fame, and was the 2012 recipient of the Fraser Institute’s T. Patrick Boyle Founder’s Award recognizing outstanding achievements in entrepreneurship, dedication to competitive capitalism and free markets, and philanthropic support for private-sector, non-profit enterprises.
When asked about the family’s decision to support Brock, Goodman responded, “We did not do this to be celebrated or for publicity, but because during my time as Brock’s Chancellor, I have come to know that the Faculty of Business is a stellar operation, often hitting above its weight class.”

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