MSE Alumna Anne L. Stevens Donates $1 Million to CoE

Published on Tuesday July 17, 2007

MSE alumna Anne L. Stevens ('80), President and CEO of Carpenter Technology, Reading, Pa., has donated $1 million to Drexel University's College of Engineering for a professorship and four scholarships.

The Anne L. Stevens Scholarship Program for Young Women was established with a $500,000 gift from Stevens and the Lockheed Martin Corporation Directors Charitable Award Fund. The program will provide four scholarships to female students in the College of Engineering. Two scholarships will be specifically reserved for students in the Department of Materials Science and Engineering who demonstrate academic merit and financial need. The other two scholarships will be awarded to students in any department within the College.

Stevens also helped the University establish the $500,000 Anne L. Stevens Professorship for Young Women Faculty in the Department of Materials Science and Engineering also with a gift from the Lockheed Martin Corporation Directors Charitable Award Fund. Recipients of the assistant professorship will hold the position for up to five years, or until they receive tenure.

The President and CEO of Carpenter Technology since November 2006, Stevens was previously the executive vice president of Ford Motor Company and COO of The Americas at Ford. In her role at Ford, she was the first female executive vice president in company history.  Stevens serves on the Lockheed Martin board of directors and the Council of the Americas board. She is also a trustee of the Women's Automotive Association International and previously she served on the Drexel Board of Trustees.

The recipient of numerous awards and honors, Stevens was honored with the 2001 Drexel College of Engineering's Circle of Distinction Award, the 2003 Department of Materials Science and Engineering Distinguished Alumna Award ,  was inducted into the National Academy of Engineering in 2004 and received the distinguished service citation from the Automotive Hall of Fame. Stevens also has been named four times to Fortune magazine's list of the "50 Most Powerful Women in Business" and was listed by Automotive News as one of the 2005 "Leading Women in North American Automotive Industry."

Tagged as Alumni