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Business leaders to help SOM chart future strategy

The list of executives -- a number of them Yale graduates -- who will serve on the new School of Management SOM Advisory Board reads like a "Who's Who" of the business world.

"Our plan is to put the Board at the center of our mission of educating leaders for business and society," says SOM Dean Jeffrey E. Garten. "We intend for this distinguished group to be an exceedingly active board, helping us to chart our strategy for a brutally competitive global economy."

The board will be chaired by William H. Donaldson '53 B.A., the founding dean of SOM and former chair and chief executive officer of the New York Stock Exchange, who is cofounder and senior adviser of Donaldson, Lufkin & Jenrette.

The other board members are:

• C. Michael Armstrong, chair and CEO, Hughes Electronics Corporation;
• G. Leonard Baker Jr. '64 B.A., general partner, Sutter Hill Ventures;
• Michael R. Bonsignore, chair and CEO, Honeywell Inc.;
• Robert L. Crandall, chair and CEO, AMR Corporation & American Airlines, Inc.;
• Frederick Frank '54 B.A., vice-chair, Lehman Brothers;
• Ellen V. Futter, president, American Museum of Natural History;
• Roberto C. Goizueta '53 B.E., chair and CEO, The Coca-Cola Company;
• Richard A. Grasso, chair and CEO, New York Stock Exchange;
• Reed E. Hundt '69 B.A., '74 J.D., chair, Federal Communications Commission;
• Michael H. Jordan '57 B.E., chair and CEO, Westinghouse Electric Corporation;
• Peter R. Kann, chair and CEO, Dow Jones & Company;
• Thomas Krens '84 M.P.P.M., director, Solomon R. Guggenheim Museum;
• Linda A. Mason '80 M.P.P.M., president, Bright Horizons Children's Centers;
• William J. McDonough, president and CEO, Federal Reserve Bank of New York;
• Ira M. Millstein, senior partner, Weil, Gotshal & Manges LLP;
• Frank Savage, chair, Alliance Capital Management International;
• Federick O. Terrell '82 M.P.P.M., managing partner and CEO, Provender Capital Group, LLC;
• John L. Thornton '80 M.P.P.M., chair, Goldman Sachs Asia;
• George U. Wyper '84 M.P.P.M., senior managing director,
• Warburg, Pincus Counsellors, Inc.

In addition, William S. Beinecke '36 B.A., formerly of Antaeus Enterprises, Inc., will serve as an honorary member of the new advisory board.

SOM, now celebrating its 20th anniversary, has seen its number of applications rise by 30 percent since 1995. It rose from number 18 to number 15 in a recent USA Today ranking of the nation's business schools.