Gift to Cleveland-Marshall Establishes Steven W. Percy Endowed Professorship

Posted 2014-10-30 9:45am

A donation of $500,000 from Steven and Polly Percy to the Cleveland-Marshall College of Law at Cleveland State University will create a named professorship to support scholarly work in environmental or energy law. Mr. Percy is a native of Cleveland and is former chairman and CEO of BP America, Inc.

Percy and his wife are long-time supporters of Cleveland-Marshall and will become members of the President’s Cabinet donor recognition society for lifetime gifts to CSU of more than $1 million. The Steven W. Percy Endowed Professorship is the fifth endowed professorship at the College of Law and it will be held by a member of the faculty appointed by the Dean based on exemplary research, scholarship, and commitment to teaching.

Mr. Percy joined the Standard Oil Company, predecessor to BP America, in 1976 and spent significant time working in London, where he served as group treasurer of The British Petroleum Company plc and chief executive of BP Finance International.  Prior to his promotion to chairman and CEO of BP America in 1996, Mr. Percy served as president of BP Oil’s U.S. Division and executive vice president of BP America. He is a member and past chair of Cleveland-Marshall’s National Advisory Council and is past chair of the CSU Foundation Board of Directors. During the 2012-13 academic year he served as interim dean of the Monte Ahuja College of Business at CSU.

Cleveland-Marshall Dean Craig M. Boise said, “We are extremely grateful for Mr. and Mrs. Percy’s generous support of the law school over the years. Mr. Percy has had an outstanding career as a businessman in multiple roles, and we are proud to name this professorship after an alumnus who serves as an example of the unlimited opportunities accessible to our graduates.”

Since retiring from BP, Mr. Percy has held positions as the head of Phillips Petroleum’s Refining, Marketing and Transportation Company, and conducted workshops on corporate governance for the AHC Group, a strategic consultant in the areas of environment, energy and materials. Mr. Percy served as a member of President Clinton's Council on Sustainable Development as Co-Chair of the Climate Change Task Force, and is active with several organizations pertaining to environmental and economic research.


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