March 1, 2001
Vol. 20 No. 11

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    Two new trustees elected to Board

    During their Thursday, Feb. 15 meeting, the University Board of Trustees elected James Dimon and Valerie Jarrett as members of the Board.

    James Dimon

    Dimon was appointed chairman and CEO of Bank One Corporation in March 2000. Before accepting his current position, he was president of Citigroup Inc., the global financial services company formed by the combination of Travelers Group and Citicorp in October 1998.

    In addition, he served as chairman and co-chief executive officer of Salomon Smith Barney Holdings Inc., the companyís investment banking and securities brokerage subsidiary. Prior to the creation of Citigroup, Dimon had been president and chief operating officer of Travelers Group for seven years.

    Dimon also served as chief financial officer, executive vice president and president of Commercial Credit Company.

    In 1978, he graduated summa cum laude from Tufts University, and in 1982, he received his M.B.A. from Harvard University Business School. He serves on the board of the Center on Addiction and Substance Abuse and on the board of Mount Sinai-New York University Medical Center, and is a past member of the governing board of the National Association of Securities Dealers.

    Dimon and his wife, Judy, have three daughters.

    Valerie Jarrett

    Jarrett is the executive vice president of the Habitat Company, a real estate development and management company. Jarrett previously served as Commissioner of Chicagoís Department of Planning and Development, where she consolidated the Department of Planning, Economic Development and Urban Renewal; implemented a model program for the revitalization of three Chicago neighborhoods; and created a business express unit to cut red tape to service Chicago businesses. She is regarded as the city official who led the development process in the North Kenwood-Oakland and Woodlawn neighborhoods.

    Jarrett is involved with numerous civic and professional organizations, including her service as the chairman of the board of the Chicago Transit Authority. She also serves on the board of trustees of the German Marshall Fund of the United States and the Museum of Science and Industry.

    Jarrett attended the University Laboratory Schools and received a B.A. in Psychology from Stanford University in 1978 and a J.D. from the University of Michigan Law School in 1981.

    She serves on the Visiting Committee to the Harris School of Public Policy Studies, and she is a member of the Board of Trustees of the University Hospitals and serves on its Childrenís Hospital Committee. In addition, she is a member of the Board of the Laboratory Schools, which her daughter currently attends.