|Michael Quinlan and Ronald McDonald|
A former CEO of McDonald's Corp. has given Loyola University Chicago $40 million for a revamped business school, according to a published report Sunday. The donation from Michael Quinlan, who was head of the Oak Brook-based fast food chain for 11 years until 1998, is the largest gift the private university has received from an individual, according to the Chicago Tribune. The money means the Jesuit Catholic university can build a nine-story building for the business school at the university's downtown campus. The building will be named after Quinlan, who holds both undergraduate and master's degrees from Loyola. "When people ask me where did I go to college, I am very proud to tell them I am a two-time graduate of Loyola," Quinlan said. "It has given me more than I have given it." The donation was announced Saturday during an annual dinner at the university. Quinlan started working in a McDonald's mailroom as an 18-year-old Loyola student, and he eventually worked his way to the top of the fast food chain over the next 35 years, and later serving on the board of directors. Quinlan is credited with helping develop the Egg McMuffin. Quinlan, who received a full scholarship to Loyola, was the first in his family to graduate from college. In 2001 he was chairman of the university and head of the committee that chose the school's current president
Link (here) to read the full story.