Here's what Ailes had to say about his career and the part Ohio University played in his decision to be a newsman:

On identifying his favorite mentor while at Ohio University: "I came here 50 years ago not knowing what I was going to do. I stumbled into Radio-Television and met a man who obviously needed help, Archie Greer," he said, chuckling. " Archie was probably the first person to have confidence in me and say, 'You can do things,' and gave me an opportunity to help out at the radio station. And for that, Archie, thank you very much."

On building a culture at FOX News based on excellence, integrity, teamwork and attitude: "Those four principles get repeated four times a year in our newsroom so that the young people understand that there's actually an underpinning for what they are trying to accomplish. And if they stick to that, they'll succeed and have great careers."

Of his special consideration for Ohio University students and grads: "The only thing I've ever cheated on is when an OU resume gets there, the HR department knows to move that up. ... (Employers) know if you made your bones (at Ohio University) you're going to be successful. You're going to work. You're not going to fail in the workplace."

On how the university gave his life focus: "I came here not knowing how little I knew, though OU pointed that out to me, as I recall. … I think it focused my life. It created lifelong friends: John (Ray), Archie (Greer) -- and many others here -- Jack (Ellis.) The experience is just one you can't explain."

On coming back: "It's my honor to be here, to be back today to be with you. You've done a great job with this newsroom, and now let's do a great job turning out journalists."