By Dalton Lee, Baldwin Wallace ’11
Carmel (left) and George T. Boyer (right) thank the crowd at the naming of the BW Carmel Boyer School of Business.
Bill Carmel, Baldwin Wallace ’48, is once again giving back to his alma mater. Following his graduation from Baldwin Wallace University in 1952, Carmel led a long and illustrious career, and he continues to display his affection for the university by utilizing his success and savvy to improve upon it decade after decade. Starting his career with Field, Richards & Company, earning the title of Vice President at the age of 27, eventually becoming a partner and President of the Cleveland based brokerage firm, McDonald & Company. Carmel assisted in growing the firm into one of the largest in the country.
When not furthering his career, Carmel worked to further the success of Baldwin Wallace. Beginning in the late 1980’s, Carmel served as the co-chair of a capital campaign that raised $19.2 million dollars, exceeding the initial goal of 15 million. Carmel would serve as a co-chair again in the mid-90's raising $55 million, then in 2011 raising $97.2 million. Each time the fundraising efforts went to major capital renovation and new construction, student scholarships, endowed chairs and other prominent initiatives. Along with his fundraising efforts, Carmel has served as a mentor to countless students.
Carmel Boyer School of Business, located in Kamm Hall.
First immortalized in October of 2000 with The Willard and Donna Carmel Living Learning Center, a residence hall named in honor of the generous Bay Village, Ohio, couple who provided the lead gift, Carmel will now have a second building bearing his name. Announced on April 29th, 2022, the Carmel Boyer School of Business honors two of the university’s most prestigious alumni. This program gives students the opportunity to earn bachelor's and master's degrees in a variety of fields. Housed in the school’s Kamm Hall, it’ll serve as a constant reminder of the successful alumnus.