Lair & Turner School of Business established

Lair & Turner School of Business established

Fri Dec 10, 2021 at 10:09 AM

At the recent December Board of Trustees meeting at North Arkansas College (Northark), President Rick Massengale informed Trustees the College has recently received the largest donation in history.  Longtime benefactors, Stephen Lair and Steve Turner, are making a $1M gift to endow the Lair & Turner School of Business at Northark.  Trustees voted to name the school in recognition of the gift during the meeting.

Steve Turner said “We are honored and grateful for the opportunity to gift Northark and specifically the business school. Stephen and I believe the future economic growth of Harrison, the state of Arkansas and America is educating the talent of tomorrow; hopefully, our investment will have an impact.”

Dr. Rodney Arnold, executive director of the Foundation and vice president of institutional advancement said the donation will positively influence the quality of education students receive in the future, saying “This level of support will make a significant impact on the business opportunities we provide to students.  New experiences, programs and enhanced business offerings will directly stem from Mr. Turner and Mr. Lair’s gift. Their generosity is admirable.”   

Earnings from the endowment fund will be used to offset annual operating expenses of the Business Department at North Arkansas College.  The Lair & Turner School of Business is located inside the John Paul Hammerschmidt building on the south campus.

A naming ceremony will be held next spring and the public will be invited to attend.

North Arkansas College is committed to providing an educational and work environment for its students, faculty, and staff that is free from sexual discrimination including sexual harassment, sexual assault, and sexual violence. No form of sexual discrimination will be tolerated. See the full North Arkansas College Title IX Policy and Procedures for the specific definitions of sexual harassment and sexual violence, including examples of such conduct.