Alumnus Gerson Bakar, a real estate developer in San Francisco, originally donated $25 million in 2005 to go toward construction of a building to house the executive education program. But the funds will now be used to create five permanent faculty positions.

We're tremendously grateful," said Haas Dean Tom Campbell. It's all the difference in the world."

Campbell said the private gift will allow for more classes and pave the way for a lower student-faculty ratio.

Bakar has donated money to other campus projects in the past, including UC Berkeley's School of Public Health and the Berkeley Art Museum and Pacific Film Archive.


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