AMES, Iowa – A generous gift commitment from Farm Credit Services of America (FCSAmerica) has established the Ron and Lynn Deiter Endowed Chair for Sustaining Excellence in Agricultural Business at Iowa State University, honoring the work of professor emeritus Ron Deiter. A medallion ceremony formally installing teaching professor of economics Amani Elobeid as the inaugural holder of the endowed position will be held at 10:15 a.m. on Tuesday, May 3, in the Gallery Room at the Memorial Union on the Iowa State campus.