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UCSD gets $6M gift to lure top faculty

UCSD_studentsLA JOLLA, Calif. — The late founder of Cubic Corp. and his wife have donated more than $6 million to the UC San Diego Foundation to endow faculty positions at the Rady School of Management and the Jacobs School of Engineering, the university announced today.

The gift of $6.05 million from Walter J. Zable and his widow, Betty, also will support student scholarships, fellowships and the Shiley Eye Center.

“With their generous gift and vision, Betty and Walter Zable have created a lasting legacy for our campus,” said UCSD Chancellor Pradeep Khosla.

“Boosting our endowment, funding faculty chairs, supporting students and advancing health care are all outcomes of our strategic planning process that will help in UC San Diego’s mission to be a student-centered, research- focused, service-oriented public university.”

The funding will establish the Zable Endowed Chair in Management Leadership at the Rady School of Management and the Zable Endowed Chair in Energy Technologies at the Jacobs School of Engineering.

“The Zable family has been great supporters of the San Diego community, and especially of UC San Diego,” said Robert Sullivan, dean of the Rady School of Management. “This endowed chair will enable the Rady School to attract the very best faculty — especially those who excel at innovation and technology management, which were topics of great interest to Walter J. Zable.”

Zable, who died last year at 97, founded San Diego-based Cubic Corp. in 1951 and served until his death as chief executive, chairman and president of the public firm that provides military defense equipment and automated fare collection gear.

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