Mays Business School receives $5 million dollar gift creating Adam C. Sinn ’00 Dean’s Leadership Chair, the largest endowed chair at Mays Business School.

A $5 million gift from Adam Sinn ’00, a commodities trader and owner of Aspire Commodities, will create the Adam C. Sinn ’00 Dean’s Leadership Chair at Texas A&M University’s Mays Business School. The funds will be used to support students, faculty and staff in furthering the school’s mission to become the preeminent public business school in the United States.

Created through the Texas A&M Foundation, this gift extends Sinn’s philanthropic support to Texas A&M to over $51 million, including $26 million to Mays Business School.

“Adam Sinn is an outstanding Aggie who exemplifies the Aggie Spirit and our core values,” said Texas A&M University President M. Katherine Banks. “His deep commitment to the university is evident in all that he has done for the Mays Business School, Aggie Athletics and our campus. We are grateful for his generosity and investment in Texas A&M.”

The Adam Sinn ’00 Dean’s Leadership Chair is the fourth of its type at Texas A&M. This $5 million endowment matches the university’s largest faculty chair and creates the largest endowed chair at Mays Business School.

“With Adam Sinn’s latest gift to our school, every future Dean of Mays Business School will have the honor of holding the Adam C. Sinn ’00 Dean’s Leadership Chair,” said Mays Business School Dean Dr. Nate Sharp. “Adam’s passion for helping students and his love for Texas A&M University are unmatched. Simply put, Adam leads by example. He is not one to sit on the sidelines. Instead, Adam is actively helping to move Mays toward our aspiration of becoming the preeminent public business school in the country. I cannot thank Adam enough for his generosity.”

Creating a Legacy

Sinn’s support of Mays Business School began in 2016 through a $1 million gift to the Texas A&M Foundation. Those funds created scholarships to support Mays students from Sinn’s hometown of Hoopestown, Illinois, or Dorado, Puerto Rico, where he currently lives.

In 2021, Sinn increased his philanthropic support through a $10 million gift designed to expand student support, enhance educational quality, and build high-impact programs for finance undergraduate and graduate students. Additionally, these funds would be used to recruit top finance faculty. This generous gift resulted in the naming of the department as the Adam C. Sinn ’00 Department of Finance.

Sinn soon followed with a second gift of $10 million to the department. These funds provided additional scholarship support for students studying finance at Texas A&M and created the Adam C. Sinn ’00 Center for Investment Management. The Center will provide faculty with a venue for conducting groundbreaking research in all areas related to investment management and will provide students with real-world, hands-on experience investing, managing, and growing investment portfolios.

Boosting Others Toward Success

Adam Sinn’s commitment to supporting Mays Business School and Texas A&M is tied to his upbringing in Hoopestown, an agricultural community primarily made up of low-income workers. Influenced by his parents’ strong work ethic, Sinn was able to transcend his humble beginnings and go on to earn a bachelor’s degree in finance at Mays Business School.

Now a top trader in power and electricity, Sinn is committed to giving back to Mays. Through his financial support, Sinn is providing opportunities for the school’s students to fulfill their potential, and he is funding programs for faculty that will elevate Mays’ academic reputation.

“I was an average student while at Texas A&M, but like many other Aggies, I’ve been able to forge a successful career through hard work and determination,” Sinn said. “I want my gifts to be used to lay the foundation for students at Mays to acquire cutting-edge knowledge and skills so they can confidently bet on themselves throughout their lives.”

Categories: Gifts, Spotlights, Uncategorized

Mays Business School Welcomes Dr. Stephen J Anderson to Aggieland - photo of Dr Anderson
Mays Business School hires Dr. Stephen J. Anderson to serve as the inaugural recipient of the Dr. Leonard L. Berry Chair in Services Marketing.

Mays Business School has recruited Dr. Stephen J. Anderson—a rising star in the field of marketing whose research is focused on aiding entrepreneurs and consumers in developing countries—to hold the inaugural Dr. Leonard L. Berry Chair in Services Marketing.

Anderson begins his career in Aggieland this summer.

Dr. Anderson has five degrees in business and economics, including a master’s and doctorate from London Business School. He joins Texas A&M after a decade of carrying out research in Africa, Asia, and Latin America.

“Boosting the performance and productivity of entrepreneurs can stimulate growth and prosperity in their communities,” says Dr. Anderson. “Estimates suggest there are ~400 million small businesses across Africa, Asia, and Latin America, where they make up about 60% of the jobs and 40% of a country’s GDP. Improvements in these businesses provide a way for entrepreneurs, and the employees they lead, to enhance their lives.”

In one of his ambitious field studies with over 900 Ugandan entrepreneurs, access to virtual business coaching led to more strategic business pivots and improved the sales growth of participants by about 25%. While in South Africa, access to marketing and finance training resulted in more tactical business practices and increased firm profits by 20-30%. Over the past decade, thousands of entrepreneurs have participated in similar business support programs overseen by Dr. Anderson. He has created collaborations with a range of partners including government agencies (e.g., the World Bank, Entrepreneur Institute of Mexico, Nigeria’s Ministry of Finance, Peru’s Ministry of Science and Innovation), non-government organizations (e.g., Balloon Ventures, GROW Movement, Technoserve), and private-sector companies (e.g., Equity Bank, KiWi, SAP).

“Similar to how health programs intervene in developing countries with medical solutions to improve the health of a community,” explains Anderson, “I set out to provide business solutions for entrepreneurs in these contexts, then use randomized controlled trials (RCTs) to rigorously assess the impact on outcomes like sales or profits.”

Dr. Anderson’s field research designs and delivers multi-year programs for local entrepreneurs to join. These programs provide access to a range of business support, from training and technology to mentoring and money.

“No one provides the unique combination of resources like Dr. Anderson does through his programs,” says Stephen Kagera, a field research manager based in Africa, working with Dr. Anderson. “These programs often involve intense training interventions that also utilize easy-to-use and relatively cheap technology to help entrepreneurs better manage their customers and products, which can ultimately drive greater sales and profits for their businesses.”

“I am excited to join the Department of Marketing at Mays Business School, where scholars focus on marketing’s impact on business outcomes and social outcomes,” says Anderson. “I believe the mission of ‘Advancing the World’s Prosperity’ is the right vision—an inspiring vision. Whether a practitioner or researcher, it reminds us that our impact as business leaders can (and should) extend beyond top-line and bottom-line performance, and beyond the borders of our existing companies and countries.”

Dr. Anderson will continue this important research focused on alleviating poverty and positively impacting the lives of entrepreneurs in these emerging markets. He will be working with Dr. Berry while holding the endowed chair.

“I could not have imagined a better person to fill this position and carry on my work in marketing services,” says Dr. Leonard L. Berry. “Dr. Anderson is making such a positive difference in people’s lives; I have always tried to do the same in my work. Within 5 minutes of meeting, we established an immediate connection.”

The Dr. Leonard L. Berry Chair in Services Marketing was established in 2021 at Texas A&M University’s Mays Business School through a $1 million gift from Dr. Leonard L. Berry and Brazos County Commissioner Nancy Berry to the Texas A&M Foundation. It is the first endowed chair to be established by a current faculty member at the university.

Dr. Berry holds the M.B. Zale Chair in Retailing and Marketing Leadership. He also is a University Distinguished Professor of Marketing, a Regents Professor and a Presidential Professor for Teaching Excellence. He has published 13 books and is the most cited scholar  in the Texas A&M System with 237,978 citations on Google Scholar. [BLL1]

The endowed chair was created to continue groundbreaking work in the field of services marketing, with a focus on the potential of services to benefit humanity and improve the quality of life.

“Steve Anderson is a transformational hire for Mays Business School. While all scholars aspire to conduct impactful research, Steve’s research is literally ‘advancing the world’s prosperity’ on multiple continents,” said Mays Business School Dean, Dr. Nate Sharp. “I cannot imagine another faculty member better suited to carry forward the legacy of—and hold the endowed chair established by—one of the most impactful scholars in the entire field of marketing research, our own Dr. Len Berry. I am thrilled to welcome Steve to Mays Business School and feel honored to support his ambitious research agenda.”

Categories: Departments, Marketing