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Release: Immediate

Media Center in business renamed to honor Ingram Micro CEO

IOWA CITY, Iowa -- In recognition of the support that Jerre and Mary Joy Stead have provided to the University of Iowa and the College of Business Administration, the College of Business Advanced Learning Technologies Center has been renamed the Jerre and Mary Joy Stead Advanced Learning Technologies Center in their honor.

Jerre Stead, a UI alumnus, is chairman and chief executive officer of Ingram Micro Inc. of Santa Ana, Calif., the world's largest distributor of technology products. In addition to generous financial contributions over nearly 20 years, Jerre and Mary Joy Stead have established a substantial deferred gift for the college through the UI Foundation.

"The Steads have also expressed their intention to provide financial assistance to the college in the near future to support and accelerate programs that are of special interest to them," said Gary Fethke, dean of the UI College of Business Administration. "Throughout their lives Jerre and Mary Joy have been loyal and generous friends of the College of Business Administration and the University of Iowa."

In addition to serving on the college's board of visitors and the UI Foundation board of directors, Jerre Stead speaks to UI business classes and talks informally with students.

"I'm honored to have the center carry our names. It's a great asset to business students and faculty, providing the latest technology to assist learning," said Jerre Stead. "To succeed in the business world of the future, today's students will need to be adept in the latest computer technologies."

Born in Maquoketa, Jerre Stead graduated from the UI in 1965 with a degree in business administration. After graduation he accepted a position at Honeywell, Inc., where he worked in a variety of management positions for 21 years. Beginning in 1987 Jerre accepted increasingly challenging leadership positions with Square D Company, ATT Global Information Solutions, NCR Corp., and Legent Corp. He later joined Ingram Micro, helping build it into the computer industry's leading wholesale distributor of 145,000 computer products from more than 1,400 of the world's leading manufacturers.

The Jerre and Mary Joy Stead Advanced Learning Technologies Center, located in Room W294 of the Pappajohn Business Administration Building, is the first center of its kind in a U.S. business college dedicated solely to business education. It provides business faculty, students and staff with instructional and technological support to create online lessons, assignments and other learning activities. Faculty use the latest in online audio, online video and other computer technology to augment classroom teaching.

The Center, which opened July 1, is co-directed by Joan Huntley, a founder of the campuswide New Media Center Second Look Computing, and by Maggie Jesse, who directs the college's World Wide Web initiatives.

10/7/98