Paul Stecko Donates $1 Million to Penn State Football
The Penn State football locker room in the Lasch Building will receive a facelift and a new name, thanks to a whopping $1 million donation by alumnus Paul T. Stecko.
Stecko committed to give the big sum to the Football Excellence Fund, which provides funding to facilitate travel, equipment and facility improvements, as well as a variety of other expenses. In exchange for his generosity, the team locker room in the Lasch Building will renamed to honor the Paul T. Stecko family.
“The Stecko family has a long-standing relationship with Penn State athletics and we are thankful that they have made this gift to Penn State football,” Athletic Director David Joyner said. “This gift will help give Coach James Franklin the resources to develop outstanding football student-athletes on and off the field.”
Franklin seemed pleased as well, echoing Joyner’s comments.
“We are very grateful to Paul Stecko and his family for this very generous gift to our football program,” he said. “The support from the Stecko family will provide us with the resources to give our football student-athletes an unrivaled experience here at Penn State.”
Stecko, a 1966 graduate of the College of Earth and Mineral Sciences, is the current chairman of the board of Packaging Corporation of America, of which he also served as its chairman and CEO. Prior to that, Stecko was the President and Chief Operating Officer of Tenneco, Inc.
The Stecko family is a longtime donor to Penn State. Its contributions throughout the past 30 years have supported a wide range of university programs including the tennis team, the Levi Lamb Fund, and the College of Earth and Mineral Sciences.
This isn’t the first million-plus donation the football program has received this year. At the beginning of June, alumnus John Leone dropped $1.5 million for the football building as well.