Retired Raytheon Chair Donates $10 Million To Cal Poly SLO Golf
/He played golf at Cal Poly San Luis Obispo and has funded scholarships, but a $10 million gift from retired Raytheon Chairman Bill Swanson and his wife Cheryl is the largest in school history. And perhaps in college golf history?
David Middlecamp reports.
Swanson was a member of the Mustangs golf team and earned his degree in engineering, which he put to use during a 40-year career at Raytheon. Raytheon is a “technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world,” with 2014 sales of $23 billion and 61,000 employees worldwide, according to the release.
The endowment provided by the Swansons will fund new scholarships, focusing on engineering and first-generation student-athletes. It also will “support participating in better national tournaments, more robust travel and recruiting budgets, and improved equipment and gear for the men’s and women’s teams,” according to the release.