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Announcing David J. Skorton, the next president of Cornell University

Sanford I. Weill

SANFORD I. WEILL (AB '55 Cornell) is chairman of Citigroup Inc., the diversified global financial services company formed in 1998 by the merger of Citicorp and Travelers Group. As of October 1, 2003, Mr. Weill retired as CEO of Citigroup and will serve as chairman until April 2006.

Mr. Weill became a director of the Federal Reserve Bank of New York in 2001. He also served as a director on the boards of United Technologies Corp., AT&T Corp., and E. I. du Pont de Nemours and Company. In July 2002, he was the recipient of Chief Executive magazine's 2002 CEO of the Year Award.

The 1997 recipient of the New York State Governor's Art Award, Mr. Weill has been chairman of the Board of Trustees of Carnegie Hall since 1991, and was instrumental in the campaign that raised $60 million for the hall's restoration.

Long a proponent of education, Mr. Weill instituted a joint program with the New York City Board of Education in 1980 that created the Academy of Finance, which trains high school students for careers in financial services. He serves as chairman of the National Academy Foundation, which oversees more than 394 academies that operate across the country, and is the principal sponsor of New York City's High School of Economics and Finance.

Mr. Weill is chairman of the Board of Overseers for the Joan and Sanford I. Weill Medical College and Graduate School of Medical Sciences of Cornell University. A graduate, and now a trustee emeritus of Cornell, he serves on the Advisory Council of its Johnson Graduate School of Management.

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