RIT honors entrepreneur Joseph M. Lobozzo II
Entrepreneur who founded JML Optical Industries Inc. has been a longtime supporter of RIT
Joseph M. Lobozzo II, founder of JML Optical Industries Inc., is the recipient of the 2017 NRS Award, the highest honor given by Rochester Institute of Technology’s Nathaniel Rochester Society.
Lobozzo ’95 (Executive MBA) will receive the award on July 20 at the society’s annual Summer Gala, which will be held at Oak Hill Country Club. NRS, which celebrates its 50th anniversary this year, recognizes individuals who have made outstanding and significant contributions to the university’s advancement.
“This award was a real honor because I know how much NRS means to RIT—and I am both humble and proud to have been part of this university’s growth, recognition and success,” said Lobozzo.
“RIT is one of Rochester’s bright shining lights and covers a whole spectrum of learning—including the business school’s Executive MBA program, which reeled me into getting a degree in its first graduating class. I believe RIT is a goldmine to our community, to our country, and for me, it was very easy to want to support it.”
Lobozzo, who lives in Rochester, said his is “the story of a penniless boy from the South Bronx who makes good.” With $10,000, he made his dream come true in 1972 when he opened JML Optical Industries, a company that designs, manufactures and distributes high precision optical components and systems.
Lobozzo’s commitment to RIT has been legendary. He has served on the RIT Board of Trustees (1999-2013), advisory boards for the Center for Integrated Manufacturing Studies, Venture Creations, Saunders College of Business Executive MBA program, and several terms on the Dean’s Council for Saunders College. He also served as vice chair of RIT’s Powered by the Future capital campaign, and established the Lobozzo Executive MBA Challenge Scholarship.
Lobozzo’s support is also marked by years of personal giving, including the establishment of the Joseph M. Lobozzo II Photonics and Optical Characterization Laboratory in 2006 at the Kate Gleason College of Engineering. For his years of business success and service to the university, he also earned the Saunders College of Business Distinguished Alumni Award in 2001, the Herbert W. Vanden Brul Entrepreneurial Award in 2003 and the RIT Outstanding Alumnus Award in 2006.
The mission of the Nathaniel Rochester Society is to develop friends and ambassadors to promote and support RIT. The NRS Award, established in 1972, has been permanently endowed through the generous gift of Mr. and Mrs. Marcus N. Barbour, charter members of the organization.
Since 1967, the Nathaniel Rochester Society has celebrated leaders who choose to extend their impact beyond philanthropy, and also advocate for the university in the community, industry and education. NRS members have a lasting impact on RIT and students through leadership level gifts to scholarships, academic areas, athletics, student organizations and other areas. Past recipients of the NRS Award include the Gueldenpfennig family, Jeffrey K. Harris, and Sandra Parker and John “Dutch” Summers.
April 18, 2019
Partnership brings business education to Rochester classrooms
A unique community collaboration among Saunders College of Business, Junior Achievement and local elementary schools introduces young minds to business, economics and free enterprise through discussions, hands-on activities and video lessons.
April 18, 2019
Imagine RIT visitors get to control RIT’s ‘Weather Machine’ in new two-story-high video game
Imagine RIT visitors will help keep the skies above RIT clear during the festival on April 27, in a new video game on display at the MAGIC Spell Studios building. Festivalgoers can play “Weather Defense: A Two Stories High Video Wall Game” on six large 4K displays, mounted two stories up the atrium wall of the new 52,000-square-foot MAGIC building.
April 18, 2019
Student Spotlight: Participating in the ASCE Concrete Canoe competition
Meet Brady Smith, a fourth-year civil engineering technology student and captain of this year’s Concrete Canoe team.
April 17, 2019
Innovative suspension system for off-road vehicles takes top spot in spring Tiger Tank competition
A uniquely designed magnetic coil piston that will improve suspension systems in on- and off-road vehicles took first place in RIT’s semi-annual Tiger Tank entrepreneurship competition. Sponsored by RIT’s Saunders College of Business and hosted by RIT’s Simone Center for Innovation and Entrepreneurship, Tiger Tank gives students the opportunity to pitch a business idea to a panel of judges with a chance to win cash prizes.