Katz Receives $2 Million Gift to Establish Finance Chair

Bank of America Charlotte

The Bank of America Charitable Foundation has made a gift of $2 million to Pitt to establish the Terrence Laughlin Chair in Finance at the Joseph M. Katz Graduate School of Business.

The gift is made in honor of Terrence (Terry) Laughlin, who held the position of vice chairman of wealth management with the Bank of America until he passed away in October 2018 at the age of 63. A Pittsburgh native, Laughlin was a 1981 Katz graduate, served on the Katz Board of Visitors, and was a member of the University’s Board of Trustees for 10 years.

“We are deeply honored and grateful to the Bank of America and its leadership for this gift, which will continue to honor Terry Laughlin for his commitment and contributions to the university and our school for years to come,” said Arjang A. Assad, Henry E. Haller Jr. Dean of the Katz Graduate School of Business and the College of Business Administration.

To mark the occasion, the Bank of America Corporate Center in Charlotte and the Bank of America Tower at One Bryant Park in New York were lit on the evening of February 5 in Pitt’s colors of blue and gold.

The Bank of America also announced that it will open the Terry Laughlin Financial Center in Pittsburgh’s East Liberty community this summer.