|
Alumna pledges $2 million for women's athletics
A Kansas businesswoman has pledged $2 million to help build
a softball stadium at the University, Chancellor Robert E.
Hemenway announced today.
Cheryl Womack's pledge to the Kansas University Endowment
Association will support the park for the KU women's softball
team. Pending approval from the Kansas Board of Regents, it
will be named for Womack's father, Demostenes Arrocha, a Panamanian
immigrant.
 |
|
Cheryl Womack (in black sweater) was
surrounded by members of the KU softball team and Coach
Tracy Bunge after the announcement at Monday night's
basketball game that Womack was donating $2 million
towards construction of a new softball stadium at KU.
Jeff Jacobsen/KUAC
|
"I'm pleased to be involved in a project that is all
about achievement and hard work, qualities my father exemplified,"
the Mission Hills, businesswoman said. "This facility
will enhance the quality of life and increase the level of
confidence of the women athletes who use it, because it will
raise the bar for them competitively and show them how much
others believe in their ability."
Womack, d '75, also pledged $100,000 for the Williams Educational
Fund, which provides scholarship support for student-athletes.
Both gifts count toward the $500 million goal of KU First:
Invest in Excellence, the university's third and largest fund-raising
campaign.
"Cheryl Womack's generous commitment will provide women
student-athletes a stellar opportunity to compete and give
KU a new way to shine," Hemenway said. "Her generosity
and leadership is an inspiration."
The KU softball team, 33-25 last year, has eight returning
letter-winners who will be joined by seven freshmen, including
two high school players of the year and a junior college transfer.
Head Coach Tracy Bungea former KU All-Americansaid
she believes the team has a good chance to finish in the top
five of the conference.
"The new stadium will help our efforts to continue to
recruit top level student-athletes into the program,"
said Bunge, '87. "Cheryl Womack's gift will give KU softball
a home ballpark that our players, fans, and alumni will be
proud of. It will enhance the entire program."
In the early 1980s, Womack founded the National Association
of Independent Truckers, Inc; VCW, Inc., a specialty insurance
agency; and Preferred Administrative Services, a third-party
claims administrator. She sold the companies last April and
is now chief executive officer of VCW Holding Company, L.L.C.,
which partners with and provides consulting and administrative
services to a variety of start-up and growth companies.
Womack has been featured in such publications as Fortune,
Forbes and USA Today. The worldwide business consulting firm,
the STAR Group, recently named her one of the Leading Women
Entrepreneurs of the World, placing her in the ranks of cosmetics
company founder Adrien Arpel, designer Donna Karan, diet company
founder Jenny Craig and broadcaster Phyllis George. The recipients
of the award come from all parts of the world, and only 20
percent have been from the United States.
Womack is a member of The Committee of 200, a group of women
who own or run some of America's largest businesses. She serves
on the board of Entrepreneurial Exchange, a group dedicated
to promoting business growth in Kansas City. In addition,
she serves on the KU School of Business Board of Advisors,
the executive board of the Lyric Opera of Kansas City, and
the boards of several local businesses. Womack is a past member
of the National Women's Business Council, the U.S. Chamber
of Commerce and the board of directors and Small Business
Council of the U.S. Chamber of Commerce.
Womack, one of 11 children, grew up in Kansas City, Kan. After
graduating from KU, she briefly taught elementary school and
then started her business career with a local insurance company
before moving on to found her own businesses. She married
and is the mother of two sons, Andrew and Ryan Elliott.
KU Endowment is conducting KU First on behalf of KU through
2004 to raise funds for scholarships, fellowships, professorships,
capital projects and program support. KU Endowment is an independent,
non-profit organization serving as the official fund-raising
and fund-management organization for KU.
#top#
|