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Smithfield Foods Establishes $250,000 Future Leaders Scholarship Program at Christopher Newport University

Globe Newswire•26/10/2026•11:00 ET
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Key Highlights

  • ➤Smithfield commits $250,000 to launch Future Leaders scholarships at Christopher Newport University
  • ➤Eight incoming freshmen receive $7,500 annual scholarships, renewable for three additional years
  • ➤Recipients selected based on financial need and academic achievement
  • ➤Smithfield will provide internships, leader access and career-program opportunities throughout four years
  • ➤Employee-dependent scholarship program has awarded more than $11 million since 2002

Expert Statements

Shane Smith, president and CEO of Smithfield Foods

“Smithfield established this program to open doors for deserving, talented students in the Tidewater region and help them see a future for their careers here after college.”

Shane Smith, president and CEO of Smithfield Foods

“By connecting students with our people and our business, we can help them turn their education into meaningful careers and build a strong foundation for long-term success.”

Dr. Anna Hickey, dean of CNU’s Luter School of Business

“We are deeply grateful to Smithfield Foods for investing in the next generation of business professionals through this scholarship.”

Dr. Anna Hickey, dean of CNU’s Luter School of Business

“This gift is more than financial support—it creates life-changing opportunities for our students and helps foster the values of excellence, opportunity and service that Joseph Luter embodied.”

SMITHFIELD, Va., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods has established the Smithfield Foods Future Leaders Scholarship at Christopher Newport University in Newport News, Virginia, investing $250,000 to support eight students pursuing business degrees. The program was announced on Oct. 24 during an on-field presentation at CNU’s Family Weekend football game.

Beginning with the 2026-27 academic year, eight incoming freshmen will each receive a $7,500 annual scholarship, renewable for up to three additional years. The university will select recipients based on financial need and academic achievement. Students will enter CNU as pre-business students before specializing in accounting, finance, marketing or management through the Joseph W. Luter, III School of Business.

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