EMMITSBURG, Md. (AP) — Mount St. Mary’s University in Emmitsburg says it’s naming its business school after a late board member who founded a global logistics company.

The university said Wednesday it will hold an official naming ceremony in April for the Richard J. Bolte Sr. School of Business. The honor recognizes a large donation that Bolte’s family made to the school.

Bolte, of Moorestown, N.J., died in 2006. He founded BDP International, a Philadelphia-based company specializing in worldwide logistics and transportation management.

Bolte served on the school’s board of trustees and sent seven sons to the Mount.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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