Farmer, who graduated from Miami with a bachelor’s degree in marketing, left his mark on the university through the Farmer School of Business and a history of service to his alma mater, Miami officials said in a release.
“In 1992, he and his wife, Joyce Barnes Farmer (Miami ‘57), provided the cornerstone gift to the School of Business. A little more than a decade later, they announced a $30 million leadership gift through the Farmer Family Foundation, of which $25 million helped underwrite the construction of the Farmer School of Business building, his namesake.”
The Farmer School of Business regularly attracts international and nationally acclaimed speakers to the school’s main Oxford campus.
Farmer, a U.S. Marine veteran, also served terms as a university trustee, foundation board member and chair of the business school’s board of visitors.
“When the position of dean of the Farmer School was announced, I researched to learn more about its namesake,” said Jenny Darroch, the school’s current dean. “I came away with a tremendous amount of respect for a man who so strongly believed in the value of education as a way to positively impact the future. It also told me that this school and this university must be incredibly special for a graduate to feel compelled to give so much of his time, talent and treasure to support and enhance it.”
Farmer’s business acumen and community-centric attitude resulted in recognition on the local, regional and national level. He was inducted into the Greater Cincinnati Business Hall of Fame, named E&Y’s entrepreneur of the year and honored by the Cincinnati USA Regional chamber as one of the “Great Living Cincinnatians.”
“As a former chair of Miami’s Board of Trustees, Dick was a role model for those of us who would follow in his footsteps,” said David Budig, board chairman. “His generosity, kind heart, and deep commitment to Miami have left an indelible mark on this university. He truly was a remarkable person who will be greatly missed.”