Saul A. Fox Chair at Law
The Law School adds to its growing corporate-law program with the creation of the Saul A. Fox Distinguished Professorship of Business Law and the associated Fox Endowed Research Fund. This is the largest single gift establishing a chair in Penn's history.
The distinguished chair, Penn's most prestigious form of endowed professorship, was created through a $4 million gift from the Winding Way Foundation of the Jewish Community Federation's Endowment Fund in honor of Saul A. Fox, L '78, a member of the Law School's Board of Overseers. The purpose of the gift is to enrich the academic resources of the Law School. The Saul A. Fox Distinguished Professor will hold a primary appointment to the faculty of the Law School and a secondary appointment to the Wharton faculty.
Saul A. Fox has participated in academic symposia and has lectured frequently at Penn Law and at Wharton where his late father, Jerome Fox of the Philadelphia accounting firm Gelrod Fox & Company, pursued studies after World War II.
Saul Fox is CEO of Fox Paine & Company LLC, a private equity investment firm he formed with Dexter Paine in 1997 in Foster City, Calif. He began his career as a tax attorney with the law firm Latham & Watkins in Los Angeles. He then joined Kohlberg Kravis Roberts & Co. in San Francisco in 1984 and was made a general partner in 1990. A Philadelphia native, Mr. Fox earned his undergraduate degree from Temple University in 1975.
In accepting the gift, Law School Dean Michael A. Fitts noted Mr. Fox's dedication to the future of the School: "Time and again, Saul Fox has demonstrated his commitment to assuring the finest quality of legal education for Penn students. This gift, made in his honor, is a fitting tribute to Saul's career which is the interprofessional model of the modern Penn Law graduate."
President Judith Rodin, commended the Winding Way Foundation for its recognition of Fox's dedication to Penn: "In his philanthropy to Penn through the years and in his volunteer leadership as an overseer, Saul Fox has modeled the education ideals he learned as a student at Penn. The University is deeply grateful to the Winding Way Foundation for its foresight in recognizing Saul's passion for Penn's future."
Almanac, Vol. 48, No. 1, July 17, 2001