Stu and Kim Lang have donated another $51 million to the University of Guelph, bringing their donations total to $100 million.
Kim Lang owns horses and some previous donations went to Ontario Veterinary College.
They own CCL Industries which is a $14-billion packaging and label maker.
This donation goes to the Gordon S. Lang School of Business at the University of Guelph. Neither Stu nor Kim graduated from University of Guelph, but atter Stu and Kim Lang never went to the University of Guelph.
In 2019, the couple’s foundation donated $21-million to the school, which was renamed for Mr. Lang’s father, who founded Toronto-based CCL in 1951. The Lang family’s stake in CCL is worth approximately $2.1-billion.
The Langs are both Queen’s University graduates.
Stu Lang played professional football for the Edmonton Eskimos, helping to win five Grey Cups, and became coach of Guelph Gryphons and led them to win the Yates Cup.
“We see business skills as essential to everything we do as a society, so our gift will have infinite impact,” said Stu Lang, who earned an engineering degree. “Our donation is meant to support Guelph’s vision of business as a force of good.”
The Lang family’s stake in CCL is worth approximately $2.1-billion.
The donation will launch a program called Lang GoodWorks that incorporates values-based decision-making in business. The couple’s gift will also help fund a new three-storey building with more than 60 breakout rooms and a lecture hall that seats 500 students, at a business school that started out with classrooms in a former student residence.
“The Langs’ gift will help us create a collaborative learning experience, with graduates who are competitive but not cutthroat,” said Dr. Sara Mann, dean of business at the University of Guelph.
The business school will also use the Langs’ gift to fund research and the extension of programs that combine business courses with the curriculums at Guelph’s veterinary and agriculture schools.
