Baruch College Announces New President of The Baruch College Fund
Alumnus Joel J. Cohen '59 accepts new role at Baruch
“It's exciting to see how Baruch College has grown since I was a student,” said Cohen, who graduated from Baruch College in 1959, with a bachelor's degree in business administration. “I want to be part of the effort that supports Baruch as it continues to fulfill its mission of providing a first rate education to an amazingly diverse student population.”
Cohen hopes to enhance outreach efforts to more alumni and groups that have benefited from the talented graduates who are now serving as their employees.
“I think there are some alumni who have forgotten about what it meant to have had the opportunity to graduate from Baruch College,” said Cohen, a first generation college graduate. “I had a positive life changing experience at Baruch and therefore encourage every graduate to contribute to the campaign in recognition of the benefits received from a Baruch education. In addition to increasing alumni contributions, I want to expand the number of contributors to the Baruch College Fund with more support from other sources such as companies where our graduates are employed.”
After Baruch, Cohen earned a J.D. degree from Harvard Law School in 1962. He is the founder and former Chairman and co-CEO of Sagent Advisors Inc., an investment banking boutique.
Prior to founding Sagent, Cohen was managing director, global co-head of mergers and acquisitions, chair of the Fairness and Valuation Committee, and a member of the Management Committee at Donaldson, Lufkin & Jenrette. From 1963 to 1987, Cohen was an associate and then partner at Davis Polk & Wardwell. He then became general counsel and a senior staff member of the Presidential Task Force on Market Mechanisms (the Brady Commission), which reported to President Ronald Reagan on the causes of the 1987 stock market crash and made recommendations on how to avoid such events in the future. Cohen served on the Board of Directors of The Chubb Corporation for 25 years, including a period as Chairman and Lead Director. He also served on the Board of Borders Group Inc., and is currently on the Board of Maersk, Inc.
Inspired by Bernard M. Baruch's gift, The Baruch College Fund was founded in 1970 as a nonprofit organization whose purpose is to promote the educational welfare of the students of Baruch College. Gifts to the Fund pay for student programs and services, bolster financial aid, retain Baruch's teaching faculty, and give the College flexibility to meet its most pressing needs throughout the year.