Aug. 17, 1995
Vol. 15, No. 1

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    Three new Trustees join University board

    Three prominent Chicago-area corporate executives -- James Frank, Rajat Gupta and Thomas Pritzker -- were elected to the University's Board of Trustees at its meeting in June.

    Frank is president and CEO of Wheels Inc., a corporate transportation leasing firm, and president of FCE Inc., which has major investments in retail automobile dealerships, insurance companies and real estate. He is also chairman of and a major investor in BTI Americas, the country's third largest corporate travel management company, with revenues in excess of $3 billion.

    He is a member of the board of trustees of the University of Chicago Hospitals and of the board of overseers of the Thayer Engineering School at Dartmouth College. He received his bachelor's degree from Dartmouth College in 1965 and his M.B.A. from Stanford in 1967. He resides in Winnetka, Ill.

    Gupta has been the firm managing director of McKinsey & Company Inc., the world's largest general management consulting firm, since 1994. A native of India, Gupta graduated from the Indian Institute of Technology in New Delhi in 1971 and received his M.B.A. from Harvard in 1973. He then joined McKinsey & Company Inc. and was elected principal in 1980 and director in 1984. From 1981 to 1986, he headed McKinsey's Scandinavian office. He became head of the Chicago office in 1986.

    Gupta, who resides in Winnetka, became a citizen of the United States in 1981.

    Pritzker has been president of Hyatt Corporation since 1979. In 1981, Pritzker helped found Triton Container Holdings Ltd., which leases shipping containers to shipping companies throughout the world.

    He also is a founder and chairman of the board of HealthCare Compare Corporation, which manages health costs for employers and includes the nation's largest PPO network of hospitals.

    Pritzker is a member of the national board of the Chicago Lyric Opera and of the board of trustees of the Art Institute of Chicago, where he is chairman of the committee on Asian Art. He is also chairman of the Indo-U.S. Subcommission on Education and Culture, a quasi-governmental entity that deals with educational and cultural exchanges between India and the United States.

    He received his B.A. from Claremont Men's College in 1971 and both his M.B.A. and J.D. from the University of Chicago in 1976. He resides in Chicago.