The University of Toledo College of Business and Innovation revealed the Alan Barry Accounting Lab last week, in recognition of generous donations made by Class of '66 graduate Alan H. Barry to his alma mater.
“The University of Toledo is so fortunate to have generous alumni like Alan Barry who achieve great success and then give back to ensure our students today have access to the very best tools and help them succeed,” said UT interim president Nagi Naganathan, in a statement. “The Alan Barry Accounting Lab will be integral to students’ education and their success for years to come and help us showcase Alan’s contribution.”
The lab will be the first in the country to feature a certified management accountant (CMA) lab license, wherein students will have free access to the CMA review material from Wiley, a leading provider of educational programs for professionals and students, to prepare for the exam.
“As an accounting grad, it’s always nice to look for ways to help students who are like I was,” Barry stated. “This lab is something that will be used by many students, and because I was already involved with the College of Business, it just made sense to support it.”
“The Alan Barry Accounting Lab is one of the things that we can do for business students that is not done elsewhere,” Dr. Gary Insch, dean of the UT College of Business, added. “We are a business school and we have business professionals who can help us. Furthermore, the establishment of the lab again demonstrates the college’s continuing vibrant relationship with the regional business community.”
Barry, now retired, previously president and COO of Masco Corp., has also made generous gifts in recent years alongside his wife, Karen, to the Alan and Karen Barry Scholarship Fund, which provides support for full-time UT business accounting students based on merit and needs. Barry also remains active in the UT Alumni Association, was a Blue Key Member, and currently serves on the UT Foundation Board of Trustees.