For Immediate Release

Contact:
Heather Clarke
heather.clarke@otslogisticsgroup.com

 

 

Logistics entrepreneur commits over USD 5 million to education

OTS Logistics Chairman makes largest donation in school history

 

Carson, CA. (February 22, 2005) — OTS Logistics Group Chairman, Owen Glenn, made a generous donation of USD 5.4 million (NZD 7.5 million) to fund improvements to the University of Auckland Business School in New Zealand.
Glenn’s gift to the university is said to be the largest donation given to any New Zealand school and ranks as one of the largest lump-sum donations in the country.

 The Prime Minister of New Zealand, Helen Clark, personally thanked Glenn at the Auckland University Business School Celebration Dinner for his donation.

"Our donor himself exemplifies what an enterprising New Zealander can achieve with drive and flair and determination," the Prime Minister said in her speech, "His gift will help future generations of New Zealanders gain the skills they need to help them reach their dreams, and for that we are very grateful."

 


Owen Glenn shakes hands with Prime Minister of New Zealand Helen Clark as Dean of Auckland University, Barry Spicer stands to the left of Mr. Glenn. Mr. Glenn proudly wears a ceremonial cape of the Te Arawa tribe. Sir Howard Morisson, an elder of the tribe, presented Mr. Glenn with the cape to wear. The cape is made with feathers gathered from the Kiwi bird after they molt as the birds are a protected species.

Glenn also received thanks from Auckland University's Vice Chancellor for his incomparable generosity.

“This is a landmark in New Zealand. Many overseas institutions, particularly in the USA and Britain, work in a philanthropic environment where gifts and bequests to learning institutions are the norm. This contributes greatly to their success and international status. But donations on this scale are rare in New Zealand education and Glenn’s gift sets a new benchmark for this country,” stated Vice Chancellor, Professor Stuart McCutcheon.

Glenn’s donation elevates the present total amount raised to $58 million, which will allow the University to begin construction on a new 6-story building, scheduled to be finished in 2008.
In recognition of Glenn’s generosity, the University dubbed the structure “The Owen G Glenn Building”.
 “Owen is an inspiration to young entrepreneurs. He has built a global business from nothing through imagination, vision and hard work,” explained Professor Barry Spicer, dean of the university, “He made his way in a complex, globally-connected world and has contributed significantly to the development of logistics internationally. His career is inspirational in that it shows what is possible with intelligence, imagination, innovation, perseverance and drive. It is fitting that the name of a New Zealander who has succeeded in business internationally should grace the new building.
“The Owen G Glenn Building” is to replace the current facilities, which are spread across 8 sites on the University’s city campus.

Backing from Glenn doesn't end with this donation. Through the logistics group he chairs, OTS Logistics Group, Glenn wants to ensure the success and growth of logistics education. His aim is to support the university in obtaining a Chair in Logistics along with recruitment of future personnel and to further research for the future of logistics.
“I’ve been successful in my business career. Now I want to put something back into New Zealand and specifically into business education., “ said Glenn, “I firmly believe in what the Business School is doing. I believe its plans to develop a world-class facility and world-class research and teaching programs are going to be of huge benefit to New Zealand business and society. And I hope that my own career might perhaps encourage the thousands of young people who will seed their business lives in this building in the years to come.”

Glenn left high school at 16 and went on to found and grow an international freight business trading on every continent. He has studied at Harvard as part of the OPM Program and has a history of large generous donations such as his $500,000 donation in 2003 towards the establishment of a Chair in Marine Science at the Leigh Marine Laboratory at The University of Auckland.

Owen Glenn cuts the first slice of his birthday cake presented to him by Dean of Auckland University, Barry Spicer.

 

About Owen G Glenn
Mr. Glenn, a graduate of Harvard University’s Owner/President Management Program (OPM), is known for his major support of several charities and non-profit organizations in New Zealand and overseas. Mr. Glenn left Auckland’s Mt Roskill Grammar School to work in Sydney and London and eventually in the United States where he built his logistics business. He formed his first international freight company, Direct Container Line, Inc in 1978 and this U.S. company eventually merged with other industry operators into NACA Logistics (USA) Inc. This year Mr. Glenn formed OTS Logistics Group Limited, a global provider of freight consolidation services, and this company took over the international agency management for NACA Logistics (USA) Inc. The OTS Logistics Group operates through multiple brands worldwide including AFS, Brennan, Conterm, DCL, Export Freight Services, GPS and Vanguard Logistics and has 177 offices and agencies worldwide in over 105 countries. For further information visit http://www.otslogisticsgroup.com


Disclaimer: The USD equivalent amount in this release has been calculated using the foreign exchange rates listed on www.oanda.com.