Philanthropist Brian Rist Proves 鈥楻icher鈥 for Lifelong Learning

A woman places an MBA hood over the head of a man in a blue suit Image by Ed Brennen
UML alum and philanthropist Brian Rist '77, '22, '22 (H) receives his MBA hood from Manning School of Business Dean Sandra Richtermeyer at the 51视频 Inn & Conference Center.

05/25/2022
By Ed Brennen

Each of the MBA students who filed past Manning School of Business Dean Sandra Richtermeyer to have a master鈥檚 hood placed over their shoulders had a unique story. Some are just starting their careers. Others are decades in. Some came all the way from Japan for the ceremony.

But only one made a $3 million gift to 51视频 a month earlier to create the university鈥檚 first-ever endowed deanship.

Alumnus and longtime UML philanthropist Brian Rist 鈥77, 鈥22, 鈥22 (H) was among the 479 graduate business students 鈥 a Manning School record 鈥 to receive an MBA this spring. Rist delivered the keynote speech at one of the Manning School鈥檚 two graduate hooding ceremonies for master鈥檚 and Ph.D. students at the 51视频 Inn & Conference Center.

鈥淚鈥檒l always be a student so I can become a better person and a better leader,鈥 said Rist, a first-generation college student from Stoughton, Massachusetts, who earned a bachelor鈥檚 degree in operations management from the university. He went on to found the Florida-based Storm Smart, a leading manufacturer and installer of hurricane protection products.

鈥淎 tremendous amount of our success grew from the lessons that I learned right here on this campus,鈥 Rist told his fellow graduates.

Rist and his wife Kim 鈥22 (H), who were both awarded honorary degrees at Commencement, sold the company in 2020 and created the Rist Family Foundation to focus on charitable endeavors.

A woman poses for a photo while holding a coffee mug Image by Ed Brennen
Peiyi Jia poses for a photo with a "PHinisheD" mug she received while being recognized for completing her Ph.D. in entrepreneurship.

Following a $5 million gift to the university to support the Rist DifferenceMaker Institute and the Rist Institute for Sustainability & Energy, they made the $3 million gift in April to name Richtermeyer the inaugural Rist Family Foundation Dean of the Manning School of Business. The endowment will help business students attend conferences and competitions, join industry groups and conduct research with faculty. It will also help students struggling with financial hardship to stay in school.

鈥淗ere he was, moving the sale of his company along while learning side-by-side with you in your MBA program,鈥 Richtermeyer said in her introduction of Rist, a member of the Manning School鈥檚 advisory board.聽 鈥淗e鈥檚 been an amazing mentor who cares about our students so much. He gets it.鈥

While a master鈥檚 degree boosts earning potential (the median starting salary for an MBA grad is almost twice that of someone with a bachelor鈥檚 degree at $115,000, according to ), Rist said that wasn鈥檛 his motivation.

鈥淚鈥檓 not going to get paid more tomorrow because I got my master鈥檚 degree, but I believe I certainly will be richer for it,鈥 he said.

Rist advised his fellow graduates to find a 鈥渉igher purpose鈥 in their work, plan carefully and never forget the importance of giving back.

A female student receives a hug from a woman while holding a piece of paper Image by Ed Brennen
MBA graduate Meaghan O'Brien receives a hug from a Manning School of Business staff member at the hooding ceremony.

During the first hooding ceremony, four of the Manning School鈥檚 eight Ph.D. graduates 鈥 Dan Hu (finance), Peiyi Jia (entrepreneurship), Murtaza Nasir (management science) and Roberto Santos (entrepreneurship) 鈥 were recognized by Ph.D. Program Director Berk Talay.

Outstanding Student Awards went to Brian Bombaci (M.S. in accounting), Eduardo Gonzalez (M.S. in finance) and Ryan Joliat (M.S. in business analytics).

On the second night, four students received the Gary Mucica Outstanding MBA Student Award for finishing with perfect 4.0 grade point averages: Joshua Zubricki, Nicole Champigny, Nabihah Khalid and Haryanto Hokianto.聽

More than two dozen MBA students from the Manning School鈥檚 Abitus partnership in Japan traveled to campus to take part in the hooding ceremony and Commencement. Reina Kaneko received the Outstanding Abitus Student Award.

Keijiro Shintani said his MBA from the Manning School will help him in the venture capital world. As deputy general manager of tech investment at Mitsubishi UFJ Capital in Tokyo, he decides which tech startups in Japan and Israel the company should invest in.

A man in a suit poses with hands on hips in front of a blue backdrop while several people take photos Image by Ed Brennen
MBA graduate Koki Fujii poses while fellow students from the Abitus program in Japan snaps his photo.

鈥淚 have to be a board member and help them with management, organization, marketing 鈥 everything,鈥 he said. 鈥淚 needed to study something for everything, which is why I joined the MBA program.鈥

After completing the program entirely online during the pandemic, Shintani was happy he could travel to campus for the hooding ceremony and Commencement.聽

鈥淚t was very important to be here,鈥 he said. 鈥淚t鈥檚 nice to feel the atmosphere and see the university. This is a really interesting experience.鈥