Business Irish

Friday 15 December 2017

Leading light for UL Foundation

The University of Limerick Foundation has a new chair, the lovely Loretta Brennan Glucksman (above), widow of former Lehman Brothers' chief executive Lewis Glucksman.

Ireland should thank its lucky stars that the Glucksmans took a fancy to us.

They are leading lights in the rather sparse Irish philanthropic world and have provided funding to hundreds of projects and charities over the past few decades. Thanks to the Glucksmans, there's even an Ireland House at New York University. Ms Glucksman has just stepped down as chairwoman of the American Ireland Fund - a position she held for 15 years.

And while any links to Lehman Brothers tend to conjure up 'Wolf of Wall Street'-style ideas, we think capitalist-minded leadership will be great for the University of Limerick Foundation - particularly since some of Limerick city's public-run projects have gone so awry in recent months.

Irish Independent

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