Notre Dame men's hoop coaching spot receives $5M endowment

SOUTH BEND — Glenn and Stacey Murphy, of Toronto, Canada, have made a $5 million gift to the University of Notre Dame to endow the men’s basketball head coaching position, the university announced Wednesday.

The gift from the couple will help to underwrite the salary of the head coach, provide stability and resources for the long term and create funds for use within the department, according to Notre Dame.

Mike Brey, now in his 16th season at Notre Dame, is the first Glenn and Stacey Murphy head men’s basketball coach.

Glenn Murphy is the recently retired chairman and chief executive officer of global retailer Gap Inc., having served in that position from 2007 through the end of 2014. A graduate of the University of Western Ontario, Murphy previously served as chair and CEO of Shoppers Drug Mart Corp. and in a variety of management positions with Loblaw Companies Limited.

Murphy attended his first Notre Dame football game in 1981, after having been raised a self-proclaimed rabid Notre Dame fan in an Irish Catholic household in Canada, according to the university.

The Murphys are the parents of two adult children.