Alumnus and former Cal Poly Pomona lecturer J. Douglas Ramsey (’82, finance, real estate and law) has pledged $1-million to the College of Business Administration in an effort to dramatically transform learn-by-doing opportunities for finance students.
Ramsey’s donation will create the Dr. J. Douglas Ramsey Financial Markets Room in the new CBA building complex when it opens in 2012. The room will be equipped with hardware and software used by financial analysts and portfolio managers. The remainder of the gift will create the college’s first student-managed investment fund, providing a unique opportunity for finance students to oversee a portfolio using real money.
“Cal Poly Pomona gave me the skills to be successful, so there was never any question in my mind that I was going to give back,” says Ramsey, who was named the College of Business Administration Distinguished Alumnus in 1996. “I’m glad this gift will help future generations of students.”
CBA Dean Richard Lapidus says that Ramsey’s gift will directly impact students’ education.
“I’m grateful that Doug shared the college’s vision in creating a vibrant learning space for students and faculty,” Lapidus says. “I know this gift will take hands-on learning to a new level, which is something we continually strive to achieve in the college.”
Ramsey grew up in Walnut but resides in Dallas, where he serves as the vice president of finance for EXCO Resources Inc., a publicly traded oil and natural gas company. Ramsey has overseen numerous acquisitions and financings for EXCO since he and three others took over the company in December 1997.
He is also using his extensive knowledge in mergers and acquisitions in his co-ownership of Centennial Fine Wine and Spirits. Under Ramsey’s guidance, Centennial recently purchased another large liquor store chain, positioning Centennial as the largest chain in North Texas with 68 retail locations.
Before Ramsey made a name for himself in oil and gas, he was known as Dr. Doug by Cal Poly Pomona students in Building 6. The former College of Business Administration Outstanding Scholar (1982) had a choice of many opportunities after graduating from the University of Chicago with his MBA, but Ramsey made a deliberate decision to return to campus as a lecturer. Ramsey appreciated the impact Cal Poly Pomona professors had in his life and wanted give back in the same way. Inspired by the academic environment, he also earned a doctorate from Claremont Graduate University.
Ramsey made a point of helping students achieve their goals outside of the classroom, taking a cue from his mentor and friend, finance Professor Javad Kashefi, who Ramsey credits with setting his career on the right path. Ramsey still keeps in touch with his students and recently hired one to an executive job at Centennial.
Although Ramsey is no longer teaching at Cal Poly Pomona, his gift will help carry on the legacy of student and faculty excellence.
“That’s the Cal Poly Pomona tradition – great professors who care about their students,” Ramsey says.
Cal Poly Pomona has embarked on a $150 million comprehensive fundraising campaign to ensure that a quality college education is within reach for future generations of students. The campaign will strengthen the university’s ability to provide a hands-on education, to prepare students for the changing demands of the workplace, and to increase research and scholarship opportunities. The fundraising campaign relies on the support of the entire campus community — from alumni to faculty and staff to friends of the university. For more information, visit http://campaign.cpp.edu/.