Costa Mesa-based Vanguard University named its new business school after Patty Arvielo, the co-founder and CEO of Tustin mortgage lender New American Funding, Orange County’s 16th largest private company by revenue.
The program’s new title marks the first business school in the U.S. to be named after a Latina woman, officials said.
“We are honored to align our business programs under Patty Arvielo’s name because of who she is—a phenomenal business leader and role model for Hispanic, female and all students whose life story and work demonstrate what is possible,” Vanguard President Michael Beals said in a statement.
The unveiling of the new Patty Arvielo School of Business and Management follows a recent donation of an undisclosed amount from the Arvielo family. The money will support a new MBA program slated for 2025 and online course development.
Vanguard officials aim to recruit faculty and find a founding dean for the business school by fall 2024.