single-day gift announcement in OU history has ushered in a new era in
More than $30
million in funding will provide for the construction of a new building and
establish the School of Biomedical Engineering, both made possible through
gifts from the Stephenson Family Foundation and James and Janet Gallogly of
Houston. OU Regents have approved the new school being named for the
Stephensons while the college and hall will be named for the Galloglys.
major gifts will provide the greatest infusion of new resources in the history
of the College of Engineering,” said OU President David L. Boren. “They will
strengthen the entire college and put OU in the forefront of the growing field
of biomedical engineering. We are deeply grateful to the Gallogly and
The new School
of Biomedical Engineering will integrate engineering and medicine to further
develop three areas of existing strength in the College of Engineering:
biomedical imaging, nanomedicine and neuroengineering.
forward to the next generation of engineers to solve some of the most critical
challenges humanity faces now and into the future,” OU College of Engineering
Dean Tom Landers said at the gift’s public announcement. “Our graduates are in
high demand for their capacity to solve complex problems, innovate and create a
greater quality of life and economic opportunity for our students.”
In addition to
the planning and construction of a new academic building in the engineering
quadrangle, the Galloglys’ gift will fund endowed graduate fellowships and
provide four endowed faculty chairs to attract and retain the most outstanding
teachers and researchers in biomedical engineering. The Galloglys’ gift
also will renovate OU’s chemical
engineering undergraduate laboratory, one of the most important and frequently
used labs in the College of Engineering.
Stephensons’ commitment will provide crucial support for the new School of
Biomedical Engineering, which will carry their name. Funds will be set aside
for faculty endowments, including five chairs and three professorships. A
“faculty bridge fund” will supplement salary and startup costs for the new
school, and additional funding will be designated for endowed graduate
Boren said the
new school “will lift the OU College of Engineering to an entirely different
level. It will provide economic opportunity for our students in the future and
help diversify the economy of the state."
1977 OU law alumnus, is a member of the OU College of Engineering Board of
Visitors. He completed a 30-year career in the oil and gas industry, serving as
senior vice president of Phillips Petroleum Co., president and chief executive
officer of Chevron Phillips Chemical, and executive vice president of
exploration and production for ConocoPhillips. He retired as CEO of Londell
Bassell, one of the world’s largest plastics, chemical and refining companies.
Gallogly received an OU Honorary Degree in 2012.
Peggy Stephenson have been key to transforming OU’s rapidly growing research
campus and made lead gifts to build OU’s Life Sciences Research Center and the
Stephenson Cancer Center in Oklahoma City. Peggy Stephenson serves as executive
director of their family foundation. Charles Stephenson holds a 1959 OU
bachelor’s degree in petroleum engineering and is co-founder, chairman and CEO
of Vintage Petroleum Co. of Tulsa. Both have been named recipients of OU
Honorary Degrees — Charles in 2003, and Peggy in 2008.