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At its April 2016 meeting, the Colby College Board of Trustees elected Eric S. Rosengren ’79, P’12 as its new chair. Leslie Dougherty Biddle ’89 and Jeffrey N. Packman ’88 were elected vice chairs, Richard M. McVey P’12, ’16, and John “Jack” O’Neil III ’77 were elected to join the board, and five current or former trustees were re-elected to additional terms.
Rosengren, the president and CEO of the Federal Reserve Bank of Boston, succeeds Robert E. Diamond Jr. ’73, LL.D. ’08, P’12 and is the 19th chair of the Colby Board of Trustees since the College president stopped serving ex officio, in 1874. Rosengren has been a Colby trustee since 2010 and has a daughter who graduated from Colby in 2012. Diamond, founder and CEO of Atlas Merchant Capital, served as chair from 2009 to 2016.
“Colby’s history of strong governance is one of its greatest assets,” said President David A. Greene. “Through this transition the College brings trustees with new areas of expertise into leadership roles while continuing to benefit from the tremendous wisdom and institutional knowledge of long-serving trustees.”
Leslie Dougherty Biddle ’89 and Jeff Packman ’88 were elected vice chairs of the board, making them, like Rosengren, officers of the College corporation. Biddle, partner and president of Serengeti Asset Management in New York, has served as a trustee since 2011. Packman, chief development officer of Clementia Pharmaceuticals, joined the board in 2012.
As first-term trustees, Rick McVey P’12, ’16 and Jack O’Neil ’77 were unanimously elected to four-year terms.
McVey is founder, chairman, and CEO of MarketAxess, the leading electronic trading platform for corporate bonds, creating an efficient and competitive marketplace for more than 1,000 global institutional investors and broker-dealer firms to trade a broad range of credit products.
“I’m honored to join the Colby Board of Trustees,” McVey said. “Colby is a special place for us because two of our daughters, Lane ’12 and Grace ’16, benefited from their combined academic and athletic experiences during their years at Colby. I am delighted to join President Greene and the rest of the trustees as we work together to find new ways to make Colby College even more special for future generations of Colby students.”
Before MarketAxess McVey worked for JP Morgan & Co., ultimately as head of North American fixed income sales and investor client relations. He earned a B.A. in finance from Miami (Ohio) University and an M.B.A. from Indiana University and is a member of the Miami University Foundation Board. Among other distinctions he was named Ernst & Young’s 2012 National Entrepreneur Of The Year for financial services.
O’Neil is a managing partner, one of three founders, and a member of the executive committee of National Development in Newton, Mass. One of New England’s leading development and investment firms, National Development has completed more than 25 million square feet of prominent projects in Massachusetts. O’Neil plays an overview role in many of their projects with special focus on commercial, retail and, more recently, mixed use.
“I am honored and humbled to serve as a trustee of Colby College,” O’Neil said. “My years at Colby have had a profoundly positive impact on my life, and I hope that in my role as a trustee I can influence the experience and lives of current and future students. I have made lifelong friends and connections at Colby, and I’m thrilled that I can continue my involvement in this capacity.”
An administrative science major at Colby, O’Neil was a four-year member and captain of varsity men’s ice hockey and a member of Delta Kappa Epsilon. He and his wife, Carol, have four children and six grandchildren, and O’Neil serves in leadership roles in a wide variety of nonprofits, foundations, youth sports, and civic organizations.
At its April meeting the Board of Trustees reappointed Jeffrey Packman ’88 and Jane Powers ’86, director of behavioral health at Fenway Health, to four-year terms as trustees. Moses Silverman ’69, partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Joerose Tharakan ’08, account executive at Microsoft Corporation, were reappointed to three-year terms, and Robert Hoopes Jr. ’89, P’20, president of VOX Global, was elected to a four-year term following a mandatory year off following his service from 2009 to 2015.