COLUMBIA, Mo. (AP) The University of Missouri has received $21.6 million from a 1974 graduate.
The Columbia Daily Tribune reports the university announced David Novak’s donation at a ceremony Friday. The funds will be used to create the Novak Leadership Institute in the School of Journalism.
Novak graduated from the journalism school with a degree in advertising. He said in a statement that he owes his success to his education.
Novak was CEO of Yum! Brands, the company that manages Taco Bell, Kentucky Fried Chicken and Pizza Hut. He left in 2015 to launch a leadership training company called oGoLEAD.
The gift is part of the Mizzou: Our Time to Lead fundraising campaign, which aims to raise $1.3 billion to create centers and institutes, renovate facilities and add to the school’s endowment.
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