Contact: Public Affairs
NEW YORK, May 4, 1999 – Pace University President Patricia O. Ewers
announced today that Aniello (Neil) A. Bianco, Managing Director of
Chadbourne & Parke LLP, has been elected Chairman of the University’s
Board of Trustees. Bianco succeeds Carl H. Pforzheimer III, who has
served as Chairman for nine years. Pforzheimer will remain a Trustee
after relinquishing the Chairmanship.
“Carl Pforzheimer has provided extraordinary leadership, vision and
support to Pace during the past nine years. We are a stronger, more
focused institution today than ever before and I look forward to
working with Neil Bianco to continue building Pace into a leading
comprehensive institution for the new century,” Ewers said.
Pforzheimer, of Scarsdale, N.Y., is Managing Partner of Carl H.
Pforzheimer & Co. in New York City. He has served as a Trustee for
18 years and was elected Chairman in 1990. Under his leadership Pace
University has successfully undertaken a number of critical initiatives:
The University is completing its first Comprehensive Campaign, with
$48.5 million of the $55 million goal already realized. Pace has issued
$60 million worth of New York State Dormitory Bonds to fund academic and
administrative technology improvements and to enhance the institution’s
facilities. And with increasing Board participation, the University’s
endowment has grown from $27 million to $80 million.
Bianco, of Riverdale, N.Y., was appointed to the Pace University Board of
Trustees in 1969, where he has served as Vice Chairman and as a Member of
the Executive Committee. He received a Bachelor of Business Administration
degree from Pace University’s Lubin School of Business in 1961 and an honorary
Doctor of Commercial Science from Pace in 1996.
Bianco’s distinguished career in finance has included serving as Managing
Director, Chief Financial Officer and a Member of the Board of Directors of
Rothschild Inc., while also serving as Executive Vice President and Principal
of its subsidiary, Rothschild Ventures Inc. From 1981 through 1984, Bianco
was Executive Vice President and Chief Financial Officer of Polygram Corporation.
He has also served as Principal (1969) and Partner (1971) in the New York Office
of Arthur Young (presently Ernst & Young).
The Board of Trustees plays a key role in enabling Pace University to meet its
historic commitment to Opportunitas and to prepare for the future. Its members
provide advice and counsel on a broad spectrum of issues; help the University
build new partnerships with the corporate community and with other constituencies;
and provide generous financial support and invaluable assistance to the University
in its efforts to identify new sources of revenue.
Pace is a comprehensive, independent University with campuses in New York City and
Westchester County. Nearly 13,000 students are enrolled in undergraduate, graduate
and professional degree programs in the Dyson College of Arts and Sciences, Lubin
School of Business, School of Computer Science and Information Systems, School of
Education, School of Law, Lienhard School of Nursing and the World Trade Institute.