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OU College of Engineering celebrates new beginnings with historic gifts
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President and Mrs. Boren celebrate a historic day at OU with Charles and Peggy Stephenson. The Stephenson Family Foundation and James and Janet Gallogly provided $30 million to transform engineering education at OU. The Galloglys were unable to attend the April 23 announcement.

The biggest single-day gift announcement in OU history has ushered in a new era in engineering education.

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.

“These two 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 Stephenson families.”

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.

“We look 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.

The 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 fellowships.

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."

Gallogly, a 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.

Charles and 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.