LINCOLN UNIVERSITY ALUMNUS DONATES $100,000
UNIVERSITY, PA ~ President Ivory V. Nelson has announced
that alumnus and retired entrepreneur Gary Michelson has
made a $100,000 donation to Lincoln University, one of the
largest individual gifts in school history.
According to President Nelson, the gift establishes the
Gary Michelson Executive Lecture Series, a program that will
enable the university to bring distinguished corporate executives
to campus to share their expertise with students.
“Gary has always expressed his love for Lincoln University
and his deep concern for the success of our students,” President
Nelson said. “His gift is a tremendous show of support
and we are excited about the benefits it will bring to our
Michelson graduated from Lincoln University in 1966 and
was a captain of the baseball team as a senior and a standout
on the wrestling team for four years.
“Lincoln University played a very important part of
my life,” Michelson said. “And I wanted to get
involved and do something that would impact the lives of
students who attend this great university.”
Added Michelson: “Lincoln
University taught me humility and patience. I believe all
graduates should think about what their legacy will be
because they all have a responsibility to stay involved.”
Michelson began his professional career as a financial trainee
with the Firestone Tire and Rubber Company in Pottstown,
Pa. After a year with Firestone, he moved to IBM as a sales
trainee in New York City.
In 1968, he was assigned his first
sales territory at IBM. He
remained with IBM for 18 years and distinguished himself
as both salesman and manager. He was recognized as Rookie
of the Year and earned distinction as Salesman of the Year
and twice was named an officer in IBM’s One Hundred
In 1973, he achieved the company’s highest sales award
and was honored as president of an exclusive group of high
performers. He also gained recognition as the nation’s
top sales manager at three progressive levels of management
from 1975 through 1983.
Ascending through the ranks in field
management, Michelson was placed in a product management
position where he launched a number of creative new products
and innovative programs considered by senior management and
customers to be among some of the most comprehensive and
unique ever introduced to the market by IBM.
In 1984, Michelson joined Brown
Disc, a Colorado Springs company, an IBM supplier. At Brown,
he served as vice president of sales and marketing for
the magnetic media manufacturer.
Michelson was inspired to become
an entrepreneur and started his first business, Liberty
Sales and Marketing Group, an enterprise that brokered
wire, cable and accessories into the low-voltage electronics
markets. Partnering with an organization in Chicago, he
became a hybrid manufacturer’s representative
and distributor in the same product category in 1987.
Four years later, he terminated
his partnership and formed Liberty Wire and Cable, Inc. Liberty’s
initial focus remained in the low-voltage market but soon
became involved in a new fledgling industry, which included
a wide range of home entertainment products.
To grow his business profitably, Michelson executed a plan
to enter the commercial and broadcast industries. His company
eventually reached over $26 million in sales.
Though retired, Michelson remains an investor and serves
as a member of the Board of Directors of River Associates,
a private equity group based in Chattanooga, Tenn.
Founded in 1854, Lincoln
University is a premier, historically Black University that
combines the best elements of a liberal arts and sciences-based
undergraduate core curriculum and selected graduate programs
to meet the needs of those living in a highly technological
and global society. The University is nationally
recognized as a major producer of African Americans with undergraduate
degrees in the physical sciences (biology, chemistry and physics);
computer and informational sciences; biological and life sciences. Lincoln
has an enrollment of 2,423 undergraduate and graduate students.
University of the Commonwealth of Pennsylvania
1570 Baltimore Pike, P.O. Box 179, Lincoln University, PA 19352 \