$13 Million Foley Family Gift

9 27 18 Feature Foley

Dennis Brown | September 27, 2018 

The premium hospitality club on the fourth level of O’Neill Hall at the University of Notre Dame has been named Foley’s in recognition of a $13 million gift from Mark and Dana Foley of Atherton, California.

“The club in O’Neill Hall is an absolutely beautiful space for a wide range of University functions, and we couldn’t be happier to name it in honor of Mark, Dana and their family,” Notre Dame Executive Vice President John Affleck-Graves said. “Their generosity will enable us to continue our mission in a number of important ways. We are tremendously grateful.”

Mark Foley earned a bachelor’s degree in American studies from Notre Dame and is a third-generation graduate of the University. He has more than 25 years of experience in the medical technology and device field, including current roles as chairman of the board of HintMD, Arrinex and ULab Systems. Additionally, he serves on the board of directors of Revance Therapeutics, where he is chair of the audit committee, and Glaukos, where he chairs the nominating, governance and compensation committee.

Previously, Foley served as chairman, president and chief executive officer of ZELTIQ Aesthetics from 2012 through the company’s acquisition by Allergan for $2.5 billion in April 2017. ZELTIQ Aesthetics, developer of the CoolSculpting procedure, is a medical technology company that holds the largest market share for non-invasive fat reduction procedures. During his tenure, the firm’s annual revenue grew from $68 million to more than $350 million, with CoolSculpting treatments being performed in more than 70 countries.

Prior to ZELTIQ, Foley held a variety of senior operating roles in large public companies and venture-backed startups while also serving as a managing director at RWI Ventures, a venture capital firm focused on life sciences, networking, semiconductor and software investments.

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 by Daily Domer Staff

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