June 6, 1996
Vol. 15, No. 19

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    Four U of C alumni elected to Board of Trustees

    s Four prominent corporate executives, all alumni of the University -- Jon Corzine, Eric Gleacher, Peter May and Andrew Rosenfield -- were elected to the University's Board of Trustees at its May 30 meeting.

    Jon Corzine is the senior partner and chairman of the executive committee of the investment banking firm of Goldman, Sachs & Co. in New York.

    Corzine joined the firm in 1975, becoming vice president in 1977 and a general partner in 1980. Prior to his appointment as chief executive in 1994, he was co-head of the fixed income division and had joint responsibility for the firm's finance and treasury functions.

    A member of the Public Securities Association, Corzine served as its chairman in 1986. He also serves on the Federal Reserve Bank of New York's international capital markets advisory committee. He is a member of the board of directors of the New Jersey Performing Arts Center and a director of the New York Philharmonic. He received his B.A. in 1969 from the University of Illinois and his M.B.A. in 1973 from Chicago.

    Eric Gleacher is chairman of Gleacher NatWest Inc. in New York. He had been president and CEO of Gleacher and Co. until last October, when he sold the company to NatWest Markets, the investment banking arm of National Westminster Bank PLC.

    Prior to forming Gleacher and Co. in 1990, Gleacher was managing director of Lehman Brothers Kuhn Loeb Inc. from 1968 to 1983, when he became managing director of Morgan Stanley and Co. Inc. He previously had served as a lieutenant in the U.S. Marine Corps.

    Gleacher received his A.B. in 1962 from Northwestern and his M.B.A. in 1967 from Chicago. An active volunteer on behalf of the Graduate School of Business for many years, he currently serves as co-chair for the GSB's Centennial Campaign Committee. Gleacher recently made a $15 million challenge grant to the GSB, and the University's downtown center has been named the Gleacher Center in his honor. The gift serves as an unprecedented challenge to alumni of the business school and is the largest gift in the history of the GSB.

    Peter May is president and chief operating officer of Triarc Companies Inc., a diversified company with operations in fast food (Arby's), soft drinks (Royal Crown Company and Mistic Brands), textiles (Graniteville Co.) and liquefied petroleum gas (National Propane).

    May was president and chief operating officer of Triangle Industries Inc. from 1983 to 1988, when the company was acquired by Pechiney, S.A., a leading international metals and packaging company. Under the leadership of May and partner Nelson Peltz, Triangle Industries grew from a relatively small company in 1983 to its position in 1988 as the world's largest packaging company and the 98th-largest industrial company in the United States, as ranked by Fortune magazine.

    A member of the GSB advisory council, May also is a trustee of the Mt. Sinai Medical Center in New York, a member of the board of directors of UJA Federation, a founding member of the Laura Rosenberg Memorial Foundation for Pediatric Leukemia Research and chairman of the board of the Leni and Peter May Family Foundation. He received his A.B. in 1964 and his M.B.A. in 1965, both from Chicago.

    Andrew Rosenfield is the president and founder of Lexecon Inc., a leading law and economics consulting firm with offices in Chicago and affiliated offices in Toronto, London, Paris and Brussels.

    Rosenfield is currently Senior Lecturer in the Law School, where he teaches the Antitrust, Advanced Antitrust and Game Theory & Antitrust courses, among others. He has served as an economic expert in the District Courts of the United States and before the Canadian Competition Tribunal and has appeared before governmental antitrust agencies in the United States and Europe.

    A past member of the GSB's advisory council and the Law School Major Gifts Committee, he is also a trustee of the Art Institute of Chicago and the Lyric Opera. He received his B.A. from Kenyon College in 1973, and both his master's degree from Harvard and his J.D. from Chicago in 1978, the same year he founded Lexecon Inc.