Contact: Ann Abbas
SMU Public Affairs
(214) 768-7655

December 5, 2002

CARY MAGUIRE HONORED AS SMU TRUSTEE EMERITUS

DALLAS (SMU) -- Cary M. Maguire will be honored December 5 as trustee emeritus of Southern Methodist University. He will be officially recognized at a trustee dinner in conjunction with the December meeting of the SMU Board of Trustees.

The designation of SMU trustee emeritus provides special honor, recognition and involvement for persons who have rendered exceptional service as members of the Board of Trustees and have distinguished themselves through their contributions to the educational mission of the university. Maguire, who is chairman and president of Maguire Oil Company, was a member of the SMU board from 1976 to 2000. He is only the seventh former trustee to receive this honorary designation since it was established in 1990.

"Cary Maguire has given generously of his time, talents and resources to SMU through the years," said SMU President R. Gerald Turner. "His vision and generosity have had a major impact on the university and the community, especially through the Cary M. Maguire Center for Ethics and Public Responsibility, which he established at SMU in 1995."

The universitywide Maguire Center for Ethics and Public Responsibility supports teaching and research in ethics and engages academic and community leaders and others in exploring social issues ranging from health care to America's war on terrorism. Maguire also endowed a universitywide professorship in ethics at SMU. He has provided additional funds for programs and facilities in SMU's Edwin L. Cox School of Business, including the Maguire Energy Institute, a professorship in oil and gas management, and a building housing undergraduate programs in the Cox School. The cumulative total of his gifts to SMU is nearly $9 million.

Maguire was a member of the Executive Committee for the Campaign for SMU, which surpassed its goal by raising nearly $542 million in the five-year campaign that concluded in spring 2002. Maguire was co-chair of the Cox School Campaign Committee. His other SMU leadership positions have included serving as Executive Board chair of the Cox School of Business, chair of the Advisory Board of the Maguire Energy Institute and the Maguire Center for Ethics and Public Responsibility, member of the President's Leadership Council, and a director of the SMU Foundation for Business Administration and the John Goodwin Tower Center for Political Studies in Dedman College. In 1995 he and his wife, Ann, were among the first recipients of SMU's Mustang Award honoring individuals whose longtime service and philanthropy have had a lasting impact on the university.


-30-