Henry Kravis ‘67 knows a thing or two about Claremont McKenna College’s oft-heard tagline “leaders in the making.” As co-founder of the international private equity firm Kohlberg Kravis Roberts & Co. (KKR), Mr. Kravis has built a multi-billion dollar empire and made serious waves in the business world.
Mr. Kravis is among CMC’s greatest benefactors and most recently, contributed the funds for the new Kravis Center facility located on the westernmost part of campus. The $80 million building is the largest on CMC’s campus and houses faculty offices, classrooms, and a much-needed underground parking structure. The Kravis Center also unites five of CMC’s touted research institutes under one roof.
Three years after breaking ground, CMC celebrated the opening of the Kravis Center on Friday, October 21, 2011. As part of the convocation ceremonies, Mr. Kravis spoke with Tova Markowitz ’12 and Heath Hyatt ’12 at an Athenaeum luncheon. Mr. Kravis discussed lessons learned as a major corporate figure at KKR and emphasized the importance of a liberal arts education in today’s globalized world. In his opinion, successful CEOs are those that can innovate to adapt to a changing world and shifting markets. “There are very few companies today that aren’t somehow affected by what’s going on in the rest of the world,” said Mr. Kravis.
Below is a video recording of Mr. Kravis’s visit to the Athenaeum. The video also appears on CMC’s website.