The News Service
Corporation elects five members to six-year terms on Board of Trustees
The Corporation of Brown University has elected five new members to its Board of Trustees: Thomas W. Berry, of Chatham, N.J.; James J. Burke Jr., of New York City; Alison Ressler, of Los Angeles; Charles M. Royce, of Greenwich, Conn.; and Marta Tienda, of Princeton, N.J.
PROVIDENCE, R.I. — At its Commencement Weekend meeting Saturday, May 29, 2004, the Corporation of Brown University elected five new trustees: Thomas W. Berry, of Chatham, N.J.; James J. Burke Jr., of New York City; Alison Ressler, of Los Angeles; Charles M. Royce, of Greenwich, Conn.; and Marta Tienda, of Princeton, N.J.
The five new members of the Board of Trustees will be formally engaged at the next regular meeting of the Corporation in October and will serve six-year terms, through the 2010 academic year.
The Corporation also appointed new members of the faculty and took actions in other areas, including campus planning, new members of the senior administration and a newly endowed professorship.
The Corporation, governing body of Brown University, is composed of a 12-member Board of Fellows and a 42-member Board of Trustees, all elected by the Corporation. It is responsible for establishing broad policies for the operation of the University, for selecting a president to carry out those policies, for appointing administrative officers and faculty members, and for managing the funds and holding the real estate of the University.
Thomas W. Berry
Thomas W. Berry, of Chatham, N.J., joined Goldman, Sachs & Co. in 1972. He became a general partner in 1986, with senior responsibilities for utilities and telecommunications companies. He became a limited partner in 1993 and was a retired partner in 1999 when Goldman Sachs became a publicly traded company. Among various board positions, he is a founding director of the Red Oak Bank in New Jersey, a director of the Hyde and Watson Foundation and a trustee of the Community Foundation of New Jersey. He is currently vice chairman of the North American Electric Reliability Council, based in Princeton, N.J., and also on the boards of the Frost Valley YMCA and the New Jersey Historical Society. He is former chairman of the board of Kessler Rehabilitation Corporation and a former trustee of Brown University, where he received his undergraduate A.B. and Sc.B. degrees as a member of the Class of 1969. He received his M.B.A. from Harvard University Graduate School of Business. Berry previously served as a Brown trustee from 1996 to 2002. He is the parent of three Brown graduates.
James J. Burke Jr.
James J. Burke Jr., of New York City, is a partner and co-founder of Stonington Partners, a private investment firm that focuses on the investment of private equity capital in management-sponsored corporate acquisitions. The firm was founded in 1994 and manages $1 billion of institutional capital on behalf of public and corporate pension funds, private endowments and other financial institutions. As consultants to Merrill Lynch, the firm also played a primary role in overseeing a $1.6 billion private equity fund managed by Merrill Lynch Capital Partners (MLCP), of which Burke was a co-founder.
Burke began his career in 1973 at J.P. Morgan Chase, where he was an assistant vice president when he left to attend graduate school in 1977. In 1979 he joined Merrill Lynch as an associate in the corporate finance division and in 1981 he co-founded Merrill Lynch’s management buyout unit and was instrumental in the formation of MLCP in 1985. He served as president and CEO of MLCP from 1987 to 1994, managing partner until 1998, and vice chairman since 1999.
Burke is currently a director of the Brown University Sports Foundation, Amstar Property Rights Holdings LLC, Ann Taylor Stores Corporation, Education Management Corporation, Lincoln Education Services Corporation and John C. Whitehead School of Diplomacy and International Relations. He is also president of the In-School Division of Boy Scouts of America.
Burke is a trustee of Seton Hall Preparatory School, his alma mater. He served on the school's executive committee and co-chaired its capital campaign in 1993. He earned an M.B.A. with distinction in 1979 from the Harvard Business School. He is a member of the Brown Class of 1973 and parent of two current Brown students.
Alison Ressler, of Los Angeles, received an A.B. from Brown magna cum laude in classics in 1980 and a J.D. from Columbia University in 1983. She was admitted to Phi Beta Kappa while at Brown and was a Harlan Fiske Stone Scholar at Columbia. Since 1991, she has been a partner with Sullivan and Cromwell, a nationally preeminent law firm with a 125-year history and comprised of approximately 700 lawyers. Ressler is a member of the firm’s eight-person management committee and was the first woman and first person outside the firm’s New York office to serve in that role. She is currently responsible for all of the firm’s California offices. Ressler specializes in merger and acquisition law and represents some of the firm’s largest clients.
She is a member of the Dean’s Council of Columbia Law School and the Board of Trustees of The Harvard Westlake School. At Brown, Ressler is co-chairing her 25th reunion, served as vice chair for her 15th reunion and was nominated to serve as an aide to her class in the 1995 Commencement procession.
She is married to Richard Ressler, Class of 1979. The Resslers have four children.
Charles M. Royce
Charles M. Royce, of Greenwich, Conn., served on the Board of Trustees from 1989 to 1995 and from 1997 to 2003. He received an A.B. from Brown in 1961 and an M.B.A. from Columbia University in 1963. The Royce Fellows Program, which Royce established in 1996, supports undergraduate research projects and other academic enrichment and confers lifelong membership in the Society of Royce Fellows. Earlier this year, Royce established six professorships to honor Brown faculty for excellence in teaching. Royce, president of The Royce Funds, New York City, is the parent of two Brown graduates.
Marta Tienda, of Princeton, N.J., is the Maurice P. During ’22 Professor in Demographic Studies and Professor of Sociology and Public Affairs at Princeton University, where she directed the Office of Population Research. She has held appointments at the University of Chicago, as Ralph Lewis Professor of Sociology, where she served as department chair, and at the University of Wisconsin, and Stanford University (as visiting professor).
Tienda is a fellow of the American Academy of Arts and Sciences, the American Academy for Political and Social Sciences, and the American Association for the Advancement of Science. She is also past president (2002) of the Population Association of America, a board member of the Federal Reserve Bank of New York and the Princeton Medical Center. Her research interests include ethnic and racial stratification, poverty and social policy, and the sociology of employment and labor markets.
She is the author, coauthor or editor of numerous articles and books, including Ethnicity and Causal Mechanisms (edited with Michael Rutter, forthcoming), Youth in Cities (2002), The Color of Opportunity: Families, Welfare and Work in the Inner City (2001), Divided Opportunities: Minorities, Poverty, and Social Policy (1988), The Hispanic Population of the United States (1987), and Hispanics in the U.S. Economy (1985).
Tienda has served as trustee for several philanthropic organizations, including the Kaiser Family Foundation, the Russell Sage Foundation, the Carnegie Corporation of New York, and the W.T. Grant Foundation. Currently she is trustee of the Jacobs Foundation of Switzerland and board member of the Board of Economists of Hispanic Business Magazine.
Tienda received a B.A. in Spanish literature from Michigan State University (Honors College, 1972) and a Ph.D. in sociology from the University of Texas–Austin (1977). She is the parent of a current Brown student in the Class of 2007.
Other actions by the Corporation
The Corporation accepted a proposed plan to create a landscaped walkway linking the University’s Pembroke campus and the historic central campus. The walkway would provide a gently curving walk within a wide belt of green space running from Lincoln Field north to Olive Street, where the Life Sciences Building is currently under construction.
The Corporation accepted a $5-million gift from Plastech Inc. to create the Plastech Professorship of Computer Science.
The Corporation took the following actions with regard to University faculty:
The Corporation made the following appointments to various governing boards:
The Corporation made the following appointments to the senior administration: