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College News

St. John Fisher College Receives $2 Million for New Business School Building

12/06/2011


St. John Fisher College Receives $2 Million for New Business School Building

St. John Fisher College has received a $2 million gift from Victor E. Salerno ’66, CEO of O’Connell Electric and Vice Chair of the College’s Board of Trustees. This gift will be used to build a new home for the Ronald L. Bittner School of Business, called the Victor E. Salerno Center for American Enterprise. This is the largest gift the College has ever received from an alumnus.

“I am both pleased and honored to announce that one of our most loyal and generous alumni, Vic Salerno ’66, has made a $2 million gift to the College for the construction of a new academic facility to house the School of Business,” said Dr. Donald Bain, President, St. John Fisher College. “This gift supports our strategic plan of creating dedicated space for business students, faculty, and community leaders to learn, collaborate, and engage with one another. We are very grateful to Vic for his leadership gift.”

The new Salerno Center for American Enterprise, approximately 20,000 square feet in size, will create a hub for business education on campus that will feature a mock trading floor, with real-time, high-tech linkage to international equity exchanges. This area will mimic a stock exchange floor, with digital signage, an LED ticker to stream financial data, and international clocks. The two-story facility will also include classrooms, gathering spaces, faculty offices, a computer lab, and a Dean’s suite.

“This building will increase the College’s external recognition, strengthen recruitment efforts, and positively impact the retention of business students,” added Bain.

Dr. David Martin, Dean of the Bittner School, also expressed his gratitude. "The Bittner School of Business is appreciative of the generosity of Vic Salerno. For a community leader such as Vic to support the Bittner School and our students with this new building is affirmation of the quality of our programs."

Salerno graduated from Fisher in 1966 with a BBA in accounting. He began his career with a predecessor firm of Deloitte & Touche, LLP, where he spent five years as an audit, tax, and business advisory specialist. He joined O’Connell Electric in 1971, where he has remained instrumental in the company’s year-over-year growth as well as the expansion of its service offerings. As CEO, his leadership is characterized by an infectious passion for business, fostering trusting partnerships with customers, and building strong relationships among his employees.

Construction of the Salerno Center for American Enterprise is set to begin in 2012, with a completion date of September 2013.

Rendering

The official rendering of the future Victor E. Salerno Center for American Enterprise.

Dr. Bain Salerno Unveiling

Dr. Bain unveils the rendering to the Bittner faculty.

Salerno Unveiling

Dr. David Martin and Dr. Bain.


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