MIDLAND, MI – Northwood University today announced that it’s the recipient of a “transformative” $500,000 gift from Subaru of New England to fund a new professorship. Subaru of New England is the exclusive distributor of Subaru vehicles and parts to 65 dealerships in the six New England states, including eight in Connecticut. It is based in Norwood, MA.
“The creation of this new professorship broadens Northwood University’s role as the market leader delivering undergraduate, graduate, and professional programs for the North American automotive industry,” stated Northwood President Kent MacDonald.
“Subaru of New England is also an industry-leading organization and a well-respected brand in the automotive sector. This investment is excellent for the entire industry, and we are grateful for their commitment to developing the next generation of automotive leaders.
The new professorship is known as The Subaru of New England Professor of Automotive Strategy. It “will teach, conduct research, and engage in industry outreach to positively impact the rapidly evolving, dynamic, multi-billion-dollar automotive industry. The position will be filled by an industry leader who will contribute to ensuring that Northwood University continues to expand its cutting-edge automotive industry programming.”
Subaru of New England president and CEO Ernie Boch Jr. said, “Northwood University has a rich history of excellence in the automotive industry. This industry — including production, wholesaling, retailing, and maintenance of motor vehicles — reaches into every state and territory in the U.S. and across the globe like virtually no other. We must have innovators leading this industry in the future, and we are proud to help bolster Northwood’s efforts of continuing to grow and deliver these renowned programs.”
Kristin Stehouwer, vice president of academics and provost at Northwood University, called the $500,000 gift “transformative” for the university. “Thanks to Subaru of New England’s generosity, Northwood students will benefit from working with this professor who will bring tremendous industry experience and knowledge of automotive strategy to their learning, both inside and outside the classroom,” she said.