The College of Business and Economics was renamed the College of Business by the WSU Regents to reflect the impact of business on society and the relocation of the new School of Economic Sciences to the WSU College of Agricultural, Human, and Natural Resource Sciences.
Weldon B. “Hoot” Gibson graduates with a B.A. in Economics. Gibson attended WSC with the help of his Uncle, Arthur “Buck” Bailey, and was a member of the football team and the Beta Theta Pi fraternity. After graduating from WSC, Gibson studied at the Stanford Graduate School of Business receiving an MBA in 1940 and a Ph.D. in 1950. Gibson was a long-time executive at the Stanford Research Institute from 1947 until 1988. He earned the Legion of Merit in 1946, Commander of the British Empire in 1947, and the Washington State University Distinguished Alumni Award for his role in creating the Washington State University Foundation.
