Daywatch: Chicago Booth to be renamed for alum

Yahoo

15-04-2025

Good morning, Chicago.
A Russian-born entrepreneur and private equity investor whose career was launched at the University of Chicago Booth School of Business is paying it forward with a $100 million donation to the executive MBA program that made it possible.
Konstantin Sokolov, 49, who is celebrating the 20th anniversary of his graduation this month, is hoping the gift will open doors and change lives for the next generation of business leaders, as it did for him, a young Russian immigrant at the dawn of the new millennium.
'Chicago Booth played a very important role in my life,' Sokolov told the Tribune. 'The business school served as a foundation of my career success and then my success as an entrepreneur.'
The gift, announced today, is among the largest ever made to Chicago Booth. It will benefit the executive MBA program, which allows professionals to continue working while earning their graduate degree. Booth offers the 21-month program in Hong Kong, London and in Chicago at the Gleacher Center in Streeterville, where Sokolov attended classes.
In recognition of the gift, the executive MBA program at Chicago Booth will be renamed after Sokolov.
Read the full story from the Tribune's Robert Channick.
Here are the top stories you need to know to start your day, including: what bankruptcies at suburban senior homes mean for residents, members of the Chicago Teachers Union making an historic vote and who the Chicago Sky selected in the WNBA draft.
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