On Oct. 30, 2019, philanthropist Jay Alix extended his generosity with an additional $15 million endowed gift to the Mayo Clinic. The fund provide resources directed by the Mayo Clinic president and CEO to advance innovative ideas with the potential to transform health care.

Mr. Alix’s philanthropy is in gratitude to the leadership of Mayo Clinic, honoring John Noseworthy, M.D., emeritus president and CEO, Mayo Clinic. In appreciation of this gift, Mayo Clinic will establish the John H. Noseworthy, M.D., and Jay Alix Chair, which will be conferred to the sitting president and CEO of Mayo Clinic.

Mr. Alix, a highly successful consultant credited with helping the American automotive industry out of the Great Recession, has a long-standing relationship with Mayo Clinic, generously giving his time and support. He is a grateful Mayo patient, member of the Mayo Clinic Board of Trustees, Philanthropic Partner, and co-chair of Mayo’s Global Advisory Committee of the Leadership Council.

In 2018, Mr. Alix made a $200 million gift to support the endowment for Mayo Clinic Alix School of Medicine.

In 1981, Mr. Alix, an expert in corporate turnarounds and restructurings, founded AlixPartners LLP, now the leading global turnaround consultancy. Although no longer in management at the firm, he remains a member of its board of directors. In recent years, Mr. Alix has concentrated on philanthropy, including the University of Pennsylvania, as well as numerous documentary movies and Tony Award-winning theatrical productions on Broadway