By The Associated Press
BLOOMINGTON — Indiana University has renamed its School of Public and Environmental Affairs after alumnus and former U.S. Treasury Secretary Paul O'Neill.
The university said it will be renamed the Paul O'Neill School of Public and Environmental Affairs on both the Bloomington and Indianapolis campuses in recognition of O'Neill's career in the private and public sectors and a $30 million gift from O'Neill to support programming within the school.
After graduating with a master of public administration degree from IU in 1966, O'Neill spent 10 years with the U.S. Office of Management and Budget, and served as president of International Paper Co., chairman of California-based think tank the Rand Corp., and chairman and CEO of Alcoa. In 2001, former President George W. Bush appointed him the treasury secretary.