Kent and Joyce Kresa Endow Professorial Chair at Caltech

Kent Kresa, interim chairman of General Motors, and his wife have pledged $2 million to Caltech to endow the Joyce and Kent Kresa Professorship in Engineering and Applied Science. Kresa is chairman of the Caltech Board of Trustees. The Kresa gift is matched with an additional $1 million provided by the Gordon and Betty Moore Matching Program. "Endowed chairs offer our faculty the ultimate freedom to pursue the research thrusts they are most passionate about—and this is truly invaluable to Caltech and our continued vitality," said Ares Rosakis, the Theodore von Kármán Professor of Aeronautics and Mechanical Engineering and chair of the EAS Division. [Caltech Press Release]