Trustee Awarded Honorary Doctorate

May 22, 2012 - Claremont, Calif. -

Harvey Mudd College awarded Trustee R. Michael Shanahan an honorary doctor of engineering, science and humane letters degree May 13 at the College’s 54th Commencement ceremony.

Conferred on those who have made a distinguished contribution to the advancement of engineering and science, honorary degrees are highly esteemed by the College community.

Shanahan is only the 13th person to receive such an honor from HMC.

An HMC trustee since 1992, Shanahan served as the board of trustees chairman from 1998 through 2006. He currently serves as the executive committee chairman.

Longtime supporters of HMC, he and his wife Mary helped fund the construction of the Hoch-Shanahan Dining Commons and the creation of the R. Michael Shanahan Family Endowed Scholarship, the Shanahan Endowed Dean of Faculty Chair, and the Shanahan Endowed Student-Directed Projects Fund.

In 2008, the couple pledged $25 million to HMC, the largest single gift in the College’s 57-year history. The unrestricted funds continue to help forward the College’s strategic plan, “HMC 2020: Envisioning the Future.” With the fulfillment of their $25-million pledge, the Shanahans will have given more than $35 million in support of the College.

The Alumni Association Board of Governors honored Shanahan in 2009 with a “Lifetime Recognition Award.” He also received the Sprague Award for Outstanding Volunteer Service in 2006 and the HMC Alumni Association’s Order of the Wart in 2004 in recognition of his service to alumni.

Shanahan is chairman emeritus of Capital Research and Management Company, which serves as the advisor to The American Funds, and chairman of the executive committee of The Capital Group Companies, Inc. He is also a member of the Los Angeles Society of Financial Analysts.

He received his bachelor’s degree from Stanford University in 1960 and subsequently spent three years in the U.S. Navy as a junior officer. He joined Capital in 1965 as a financial analyst after receiving his M.B.A. from the Stanford Business School.

Media Contact: Judy Augsburger