News releases

FOR IMMEDIATE RELEASE
August 26, 1997

CONTACT: Dean Andrew J. Policano, (608) 262-1758; Associate Dean William Strang, (608) 262-1550

FLUNO GIFT LAUNCHES UW'S EXECUTIVE EDUCATION CENTER

      MADISON -- Jere and Anne Fluno, Lake Forest, Ill., have
made a gift of $3 million to help the University of Wisconsin-
Madison School of Business build an executive education center in
downtown Madison.
      The naming gift for the center, to be built in the 600
block of University Avenue, will be formally announced at a luncheon
at the Madison Club Wednesday, Aug. 27. Those scheduled to attend
are Gov. Tommy Thompson; the donors, Jere and Anne Fluno; Madison
Mayor Susan J. M. Bauman; UW System President Katharine C. Lyall;
UW-Madison Chancellor David Ward and School of Business Dean
Andrew J. Policano.
      The Fluno Center for Executive Education will be run on
behalf of the UW-Madison School of Business by the Center for
Advanced Studies in Business Inc. (CASB), a nonprofit organization
that furthers business executive education at UW-Madison. It will be
located two blocks from the business school's Grainger Hall on what
is currently a surface parking lot. The three- to five-story facility
will include 100 guest rooms for participants in continuing
education programs offered by the School of Business and other
university departments. Plans call for the
structure to also contain classrooms, faculty and staff offices, and
dining facilities. UW-Madison will own and operate an underground
parking ramp with 300 parking spaces on the site.
     Mayor Susan J. M. Bauman said, "This state-of-the-art learning
center, two blocks from Grainger Hall and the Kohl Center, adds
further luster to a highly visible corner of the city. The Fluno Center
will bring executives to Madison from across the country, indeed,
from around the world, to participate in top-level continuing
education programs."
      Jere D. Fluno, a 1963 graduate of the UW-Madison School
of Business, is vice chairman and a director of W.W. Grainger Inc.,
Lincolnshire, Ill., a leader in the distribution of maintenance, repair
and operating supplies in North America. After earning his degree in
accounting from UW-Madison, Fluno, a CPA, worked for Grant
Thornton in Chicago for six years before joining W.W. Grainger in
1969.
      Fluno is a governor of the Chicago Stock Exchange and a
director of Andrew Corporation. He also serves as trustee of the
Museum of Science and Industry and a director of the University of
Wisconsin Foundation. He is a native of Wisconsin Rapids, Wis.. Anne
Fluno is a native of Stevens Point, Wis., and attended UW-Stevens
Point. She is active with the Juvenile Diabetes Foundation and other
Chicago-area charities.
      Jere and Anne Fluno have provided generous support for a
number of UW programs. They established the Rexford H. Fluno
Scholarships in his father's name to assist students from his
hometown of Wisconsin Rapids, Wis., and the couple also funds a
scholarship for graduate students in accounting. Enthusiastic
supporters of Badger athletics and the UW Band, the
Flunos established a $300,000 Challenge Fund in 1995 to encourage
gifts to endowment funds for the UW Marching and Varsity bands.
      "Jere and Anne Fluno's gift is a milestone in the history
of the School of Business," said School of Business Dean Andrew J.
Policano. "Today's successful organization is a learning
organization. This facility will allow us to provide one of the
highest quality executive education programs available in the
country."
      The Fluno Center for Executive Education was approved
by the Board of Regents and the State Building Commission in June
1997. Groundbreaking is expected in 1998, with completion in 2000.
      The $22.5 million cost of building the center will be
covered by the Flunos' $3 million gift, other anticipated private
gifts and funds borrowed by CASB.
     The Flunos' gift, made through the University of Wisconsin 
Foundation, represents a chance to help the School of Business reach
the next plateau. Jere Fluno said, "We already have an outstanding
dean and faculty and a great facility in Grainger Hall. Having a top-
notch executive education center with lodging will allow executives
to come to the UW-Madison campus to take advanced business
seminars. This facility will fill an executive education void and will
have a huge impact on the national recognition this school receives."
-- Lari Fanlund, School of Business, (608) 262-2401

(Note to media: School of Business Dean Andrew J. Policano
and Jere and Anne Fluno will be available for phone
interviews the afternoon of Tuesday, Aug. 26. Call Lari
Fanlund at the External Relations office of the School of
Business at (608) 262-2401 to arrange interviews or to
obtain photos of the Flunos. Media are also invited to
attend the reception and program formally announcing the
naming gift on Wednesday, Aug. 27 at the Madison Club. The
reception will be held from 11:30 a.m. until 12:30 p.m. The
program will follow from 12:30 p.m. until 1 p.m. A luncheon
in honor of the Flunos for School of Business guests will
follow.)

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