ASU's College of Business receives $1M for sales leadership center

The Arkansas State University College of Business in Jonesboro is the recipient of a $1 million gift, the largest single gift in the college's history, the university said Monday.

According to ASU, the gift, also among the top 10 in the university's history, was provided by the Jonesboro family of Robert M. "Bob" Wood.

“We are grateful for the Wood family,” Chancellor Tim Hudson said in a statement. “Their generous gift will unquestionably help Arkansas State rise to fulfill its vision of becoming one of the top sales programs of its kind in the country.”

The gift will be used to support future needs of the new R.M. "Bob" Wood Sales Leadership Center, currently under construction on the ASU campus in Jonesboro, university officials said.

ASU said Monday that the gift also establishes an endowed professorship in sales and supports student travel to national sales competitions.

Read Tuesday's Arkansas Democrat-Gazette for full details.

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