HAMDEN, Conn., Nov. 20, 2012 /PRNewswire-USNewswire/ -- The Quinnipiac UniversitySchool of Business inducted Tim Gannon, co-founder of Outback Steakhouse, Inc., and Donald Torey, president of alternative assets and director of GE Asset Management Inc., into its Business Leader Hall of Fame during a black-tie dinner ceremony Nov. 16 at the Metropolitan Club in New York City. (Photo: http://photos.prnewswire.com/prnh/20121120/DC16932) "The Quinnipiac University School of Business is proud to honor Tim Gannon and Donald Torey as the 2012 inductees into our Business Leader Hall of Fame," said Matthew L. O'Connor, dean of the School of Business and the master of ceremonies at the 10 th annual induction dinner. "The Hall of Fame honors men and women who exemplify the leadership qualities, business acumen and values that we seek to instill in our students." Before Gannon and Torey addressed the audience of more than 200, O'Connor introduced a video that profiled their professional and personal accomplishments. It was evident from each video that in addition to being outstanding businessmen, Gannon and Torey are strong believers in community service. Torey, of Darien, is on the board of the Stamford Boys and Girls Club and buildOn, a youth engagement organization that emphasizes local community service and builds schools in impoverished areas, including South America and Africa. "On behalf of GE Company, including Quinnipiac graduate Dave Rusate who helped to represent our company at the event, we congratulate Tim Gannon along with Quinnipiac University's Outstanding Alumni and Emerging Leader Awardees," Torey said. "It's an honor to be recognized as part of this distinguished group of individuals and to take part in a celebration of their accomplishments." In 2011, Gannon, of Palm Beach, Fla., launched Kettle Comfort, Cooking for America, a West Palm Beach, Fla. philanthropic initiative which delivers chef-inspired food to thousands of hungry and nutrition-deprived people daily. "I am thrilled to be inducted into the Business Leader Hall of Fame," Gannon said. "I know and have great respect for the people who are giving me this very prestigious honor, and I am very respectful of those colleagues who have received it in the past."