Wednesday, October 20, 1999

Schottland Founds Business Leadership Award at Washington College

Chestertown, MD — Citing the need to foster innovation and excellence in American business, Stanley A. Schottland, retired CEO and Chairman of American Packaging Corporation, has established the Schottland Business Leadership Award at Washington College.

Worth a total of $75,000 over the next five years, the award grants one graduating senior $5,000 in cash, with the promise of an additional $10,000 toward graduate school at an accredited business college. Award winners must accept a position within an American corporation for at least two years, after which they will be eligible for the $10,000 tuition grant. Second and third place awardees receive grants of $1,000 each upon graduation.

The Schottland Business Leadership Award competition is open to any Washington College student who meets the academic, moral and leadership criteria. Applicants are judged by a three-member panel comprising a member of the business management department, Mr. Schottland and a representative of an American corporation.

The first Schottland Business Leadership Awards will be granted this spring. Applications must be submitted by February 1, 2000, and are available from Washington College's Department of Business Management.


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