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Theater at Madison Sq. Garden, 11 am

BARUCH COLLEGE, NY, NY (5/30/2002) Congresswoman Carolyn B. Maloney (D. Manhattan) addressed 1,760 beaming Baruch College graduates, their friends and families when Baruch College held its 37th Commencement Exercises, on Wednesday, May 29, at 11 am, at the Theater at Madison Square Garden. Maloney, who represents Manhattans 14th district, which includes the area where Baruch College is located, was the commencement speaker at this years Undergraduate Ceremonies. She urged students to dream big, stay involved in their communities, and participate in the political process.

Dr. Antonia C. Novello, Commissioner of Health for the State of New York, was the Commencement Speaker at the Graduate Ceremonies, which also took place on May 29, at 3:30 pm, in the same location. Ms. Novello was appointed Surgeon General of the United States by former President Bush in 1990, the first Hispanic to hold the position. She remained Surgeon General through June 30, 1993, and thereafter spent three years as a Special Representative to UNICEF for Health and Nutrition. She addressed approximately 540 graduate students, the great majority MBA candidates, receiving their degrees at this time.

A total of 2,600 undergraduate degrees and 930 graduate degrees were conferred during the dual ceremonies. That number includes students who completed their degree requirements last February and those unable to attend the May 29th festivities.

Presiding at both Commencement Ceremonies was Baruch President Edward (Ned) Regan. Mr. Regan became President of Baruch in July 2000, capping a long and distinguished career in public service. He served as New York State Comptroller from 1979 to 1993. In the wake of the Enron-Arthur Andersen scandals rocking Corporate America, President Regan has assumed a leading role in the critical scrutiny of accounting standards and practices that is currently taking place nationally, as a prelude to SEC reforms.

This years Undergraduate Ceremonies had an unusual feature. For the first time in recent memory, Baruch had co-valedictorians. Yaron Gutman and Harry Schwartz both addressed their classmates. Mr. Gutman, 29, and Mr. Schwartz, 23, both compiled perfect 4.0 averages. Both are also residents of Brooklyn. In all other respects, they couldnt be more different. Mr. Gutman, who emigrated from Israel four years ago, is an experienced entrepreneur who is part owner of Pundah Encaren, a successful Jerusalem restaurant. A finance major, he plans to go on to an MBA program and a career in international business. Harry Schwartz, 23, has quite different aspirations. He is studying to become a rabbi and is dedicated to a spiritual and contemplative life. Mr. Schwartz, who earned his BBA in Computer Information Systems, loves teaching and may go on to do graduate work in computer science at MIT.

At the Undergraduate Ceremonies an Honorary Doctor of Laws degree was bestowed on Richard J. Sheirer, former Commissioner of the New York City Office of Emergency Management (OEM). Sheirer coordinated the massive rescue and relief efforts of September 11 and the turbulent days that followed. Standing at Mayor Giulianis side, Sheirer helped New York restore order, while presiding over one of the most difficult and complex interagency jobs in New York history. His work, already unimaginably difficult, was made more so by the collapse of the OEMs own emergency offices, located in 7 World Trade Center.

Also honored at the Undergraduate Commencement Ceremonies was businessman Marvin C. Schwartz, 62, vice chairman and director of the investment firm Neuberger Berman. Mr. Schwartz joined Neuberger Berman directly after his graduation from Baruch College, earning a salary of $1.25 an hour. He has been with the firm for over 40 years, becoming a partner in 1966.

Roy M. Goodman, New York State Senator representing the East Side for more than 30 years, received an honorary Doctor of Laws degree at the Graduate Ceremonies. Recently appointed President and CEO of the United Nations Development Corporation, Mr. Goodman sponsored some 1,200 bills in the state legislature and was regarded by Republicans and Democrats alike as the Senates elder statesman.

Additionally, at the Graduate Ceremonies, Thomas McCarthy, Baruch Colleges senior Registrar, received the Presidents Medal for outstanding service to the College. Mr. McCarthy has been at Baruch College since 1982 and plans to retire following this years Commencement.

Baruch College has a total enrollment of some 15,500 students. Of these, approximately 2,500 are pursuing advanced degrees. More than 85% of Baruch undergraduates major in business subjects.

Zane Berzins
Vince Passaro (212 802-2916)


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