You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Harvard Business School gets $40 million family donation

Harvard Business School is significantly expanding its mission of training current business leaders with the addition of a second executive education center, funded by a $40 million gift from the family of Elaine L. Chao, a former US labor secretary.

At a ceremony Friday the school announced the donation from Dr. James Si-Cheng Chao, a shipping magnate, and his family. Four of Chao’s daughters, including Elaine, attended Harvard Business School. The center will be named after his late wife, Ruth Mulan Chu Chao.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week