CLEVELAND—Case Western Reserve University announced today that alumnus Joel Roth has committed more than $20 million to support a leadership institute designed to prepare students to address the increasingly complex challenges facing the globe.
Credit: Case Western Reserve University
CLEVELAND—Case Western Reserve University announced today that alumnus Joel Roth has committed more than $20 million to support a leadership institute designed to prepare students to address the increasingly complex challenges facing the globe.
“The problems are getting bigger and bigger, and more and more lasting,” said Roth, a 1958 civil engineering graduate. “The Roth Institute will provide highly motivated, quality students a broad array of experiences that will help them become leaders who solve problems and change the future.”
The commitment will support up to eight undergraduates per year with at least full-tuition scholarships and programming that includes academic and practical experiences, as well as interactions with accomplished leaders from multiple realms.
Among the program’s goals are to provide these students—to be known as Roth Scholars—the knowledge and skills needed to address major societal and community problems.
“We are honored by the confidence that Joel Roth has shown in us with his gift.” Case Western Reserve President Eric W. Kaler said. “We are all dedicated to providing Roth Scholars learning experiences that prepare them to make meaningful change in the world.”
The university also announced that a national search had led to the selection of Andrea Hauser as the Roth Institute’s founding director. A scholar of higher education leadership, Hauser brings extensive experience in developing and executing student leadership programs, as well as university teaching and advising.
“Joel Roth’s vision for this institute immediately inspired me. It reflects not only his intellect and character,” Hauser said, “but also the wisdom and understanding gleaned from growing and leading companies that encouraged employee initiative and valued their efforts.”
Roth earned his MBA from New York University and worked at companies including Proctor & Gamble, Ernst & Ernst (now EY) and Gulf and Western. In the early 1970s he began buying companies in the southeast. One of those companies was Fulton Supply, then headquartered in Atlanta. He later moved Fulton to Stone Mountain, about a half hour’s drive northeast of the city.
By the early 2000s, Roth’s companies offered everything from conveyor belts to drill bits, janitorial supplies to safety materials. At one point, Roth explained to a reporter, the entities had something for every businessperson—except booksellers and stockbrokers.
This breadth of equipment, services and skills created unique opportunities to serve multiple customer needs. The diversity also gave the companies’ a valuable range of engineering expertise, which Roth’s teams applied to help companies’ supply chains and manufacturing become dramatically more efficient.
“The key was true partnering with the customer,” Roth said at the time.
Just as important was partnering with employees to attract and keep good workers. In the late 1990s, Roth launched an Employee Stock and Ownership Plan (ESOP), where employees annually received company stock at no cost—in addition to their salary and retirement plans.
In 2008 Roth published The 20% Solution, a guide for businesses to analyze their operations to identify and realize significant savings. The book can be purchased from Amazon, or free downloads can be requested from Fulton Supply.
The university’s first cohort of Roth Scholars will arrive on campus this fall, chosen from among students admitted as first-year undergraduates.
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Case Western Reserve University is one of the country’s leading private research institutions. Located in Cleveland, we offer a unique combination of forward-thinking educational opportunities in an inspiring cultural setting. Our leading-edge faculty engage in teaching and research in a collaborative, hands-on environment. Our nationally recognized programs include arts and sciences, dental medicine, engineering, law, management, medicine, nursing and social work. About 5,800 undergraduate and 6,300 graduate students comprise our student body. Visit case.edu to see how Case Western Reserve thinks beyond the possible.
