Stan Phelps had a distinguished career in commercial banking, investment banking, and portfolio management, restructuring over 100 companies. Alongside these accomplishments, Stan and his wife, Betsy, made a significant contribution to Keck Graduate Institute (KGI) byestablishing the Henry E. Riggs Professor of Management endowment. This endowment honored Hank Riggs for his exceptional work in founding KGI and acknowledged his long-standing friendship with the Phelps family. Stan, who had been a member of KGI's Board of Trustees since 2001, also served on several key committees, demonstrating his commitment to supporting KGI's mission and growth.
Hank Riggs served as the president of Harvey Mudd College before founding Keck Graduate Institute (KGI). He believed in thinking big, setting goals, and trusting in our abilities to achieve them. Riggs established KGI to provide biotechnology graduate students with rigorousacademic training and business acumen, preparing them to become leaders in their fields. His vision for KGI, supported by a $50 million founding gift from the W.M. Keck Foundation in 1997, aimed to create an innovative institution that would benefit society by addressing critical problems in biotechnology. Riggs retired in 2003 after eight years of guiding KGI's development.