Krasovecs make University history

Landon Nordeman

President Robert Glidden greets Frank and Margaret Krasovec.

Frank and Margaret Krasovec made history in November with a commitment of at least $20 million, the largest single gift ever pledged to the University. The contribution will primarily benefit the College of Business.

“What (the University) did was give me a chance to rebuild my engine, to restart my brain,” says Frank Krasovec, BBA ’65 and MBA ’66. “As a student, I received several small scholarships that helped me get through school, so I want to provide the same opportunity for other students.”

Krasovec is chairman, CEO and president of Norwood Promotional Products Inc., the United States’ largest maker of custom-imprinted promotional items such as baseball caps, magnets, mugs and pens. The company is based in Austin, Texas.

Margaret Krasovec has more than 15 years’ experience providing market analysis, marketing plan development and implementation, sales program audits and redesign for the apparel manufacturing and health care industries.

The couple are involved with several Austin-area civic and charitable organizations, and Frank Krasovec serves on The Ohio University Foundation Board of Trustees.