Following his establishment of a $5 million fund to benefit students and faculty within Indiana University's Kelley School of Business, Todd B. Richter has garnered praise and accolades from his colleagues at the esteemed Midwest institution. Richter's recent creation of the Todd B. Richter Fund, backed by a significant estate commitment, supports five endowments tailored to financial education.
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Todd B. Richter's Generous Contributions to Kelley School of Business.pdf
1. Todd B. Richter's Generous Contributions to Kelley School of Business
Todd B. Richter, a distinguished graduate of Indiana University's Kelley School of
Business, proudly earned his Master's in Business Administration in 1981,
subsequently embarking on a successful career in the field of finance.
As a devoted alumnus, Richter has demonstrated his deep commitment to his
alma mater through substantial contributions. He recently established the Todd
B. Richter Fund, underpinned by a remarkable $5 million commitment, which
provides essential support to various specific endowments within Indiana
University. These supported endeavors encompass the Graduate Finance
Department, the Dean's office, graduate fellowships for Kelley School students
displaying an interest in finance, two professorships aimed at faculty members
specializing in securities analysis, and an endowment component that equally
distributes additional funds among these four designations.
Richter's decision to create this fund stems from his extensive experience
spanning over 30 years in the financial healthcare sector, where he has earned a
distinguished reputation as one of Wall Street's leading analysts. Currently
serving as a Managing Director in Bank of America's Global Healthcare
Investment Banking Group, Richter joined Bank of America in 1999, following an
illustrious 18-year tenure at Morgan Stanley within the company's Healthcare
Services Equity Research Division.