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--Dr. Elliott Also Accepts Newly Named Irwin and Arlene Ettinger Chair in Accountancy at Baruch, Adding to 20 New Hires in Faculty at the Zicklin School for Fall 2002 --

BARUCH COLLEGE, NY, NY (5/13/2002) At a moment when Baruch Colleges Zicklin School of Business has embarked on an ambitious program of 42 new faculty hires and begun major initiatives to increase its public profile and to move into the top tier of national business schools, the president of the College, Ned Regan, today announced the appointment of Dr. John Elliott as new dean of the Zicklin School.

At the same time, Dr. Elliott has been appointed to the newly named Irwin and Arlene Ettinger Chair of Accountancy at Baruch.

Both appointments, pending approval by the Board of Trustees of The City University of New York, are effective July 1, 2002.

Dr. Elliott currently serves as associate dean for academic affairs at the Johnson Graduate School of Management at Cornell University. He received his PhD in accounting from Cornell in 1982, has since then taught there, most recently as a full professor, and has served in various prior administrative posts, including director of doctoral programs.

He is widely published, has served on the editorial boards of every major accounting journal, and, among his other professional affiliations, is a founding member of the African American Doctoral Students Association, which promotes doctoral study among minority candidates nationwide.

The Zicklin School of Business is the largest business school in the United States, with some 13,000 undergraduate and graduate students (Baruch Colleges total enrollment is approximately 15,500).

Dr. Elliott takes over the official responsibilities of the deanship on September 1, 2002, from Dr. Sidney Lirtzman, who has been dean of the school for the past seven years and who also served as interim president of the College in 2000-2001. Lirtzman last fall announced his retirement from the deanship and this spring was awarded the first Emanuel Saxe Medal for Academic Excellence, named in honor of the earlier longtime and beloved business school dean.

Baruch President Ned Regan, in making todays announcement, said, Baruchs Zicklin School has now embarked on a mission to take its great tradition of excellence in educating New Yorks leading business professionals and make itself into a high-ranking national school. John Elliott is a fine scholar and superb academic leader. He has regularly published in the top journals and taught even as a full-time administrator, and he is the educator who will lead the way. The College community is grateful and pleased that he has accepted our invitation to the deanship and the Ettinger Chair, and we welcome him with warmth and high expectations. We are also enormously grateful to Sidney Lirtzman, an academic leader whose name has long been synonymous with Zicklins ongoing commitment to excellence and its initiatives toward national prominence.

In commenting both on the newly named chair and the deanship, Dr. Elliott today said, Obviously, I am pleased and proud to take these dual positions. I am particularly excited by the combination, because I view this gift, The Irwin and Arlene Ettinger Chair in Accountancy, as a leadership statement about the future of the Zicklin School at Baruch. The gift exemplifies the support and commitment of a dedicated group of alumni. Together with the efforts of a dedicated faculty, committed students, and strong administrative leadership, the School is poised for great things. I am very pleased to be invited to join this journey.

Irwin Ettinger is chief accounting and tax officer of Citigroup and a 1958 graduate of Baruch (then the business school of City College). The chair is a gift from him and his wife, Arlene Ettinger, who is a graduate of Brooklyn College. Today, Mr. Ettinger said, My wife, Arlene, and I feel a tremendous debt to Baruch and City University for the education it provided us and for the opportunity it gave us to succeed. We felt it appropriate to give something back to the school and to the students now by funding a chair in accountancy. We hoped that it would attract another high-caliber professor to the school to continue the tradition of excellence that Baruch represents.

In addition to naming Dr. Elliott to the Ettinger chair, the Zicklin School this spring has completed 20 other new faculty hires in a program calling for forty-two new faculty appointments over a two-year period, the most ambitious new faculty hiring program among business schools in the United States. The School also has unveiled a number of initiatives that raise its national profile, such as The Center for Integrity in Financial Reporting, which sponsors events, lectures, and significant scholarship and research that examine the role of ethical financial and business practices in accountancy, auditing, commerce, and corporate governance, with the ultimate aim of shaping a new ethos of integrity in the business community and a renewed confidence in American corporate culture.

For information contact:
Vince Passaro 212 . 802 . 2916


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