Ernesto Bertarelli (right) and his sister, Dona Bertarelli (left), co-chairs of The Bertarelli Foundation, are shown with their mother, Maria Iris Bertarelli. The foundation has endowed a new faculty chair with a $3 million gift to the College. The Bertarelli Foundation Distinguished Professor of Family Entrepreneurship chair will lead a multidisciplinary approach to family enterprise, in which the family, not the business, is the focus. An entrepreneur with a career in business, finance, yachting, and philanthropy, Ernesto is the former CEO of Serono, an international biotechnology company his family managed for three generations. He, his sister, and mother founded The Bertarelli Foundation in 1998.