Wednesday, February 16, 2011

Limited Brands chief Les Wexner donates $100M to Ohio State - Bloomberg

COLUMBUS, Ohio (AP) — The founder of Victoria's Secret parent company Limited Brands Inc. is giving a record-shattering $100 million gift to Ohio State University.

The donation from Les Wexner and the Limited Brands Foundation was announced by Ohio State President E. Gordon Gee (gee) in an e-mail Wednesday morning. Gee says the largest gift in the university's history will go mostly toward Ohio State University Medical Center and its cancer hospital and research institute.

Wexner is an alumnus of Ohio State and chairs the university's board of trustees. In a video posted on the school's website, he says he never would have started his business had it not been for the education he received at Ohio State.

Columbus-based Limited also operates Bath and Body Works and other retail chains.

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Posted via email from Tony Burkhart

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