Press Release

March 2, 2006
Contact: Anna Farneski
Phone: (973) 972-3000
farnesam@umdnj.edu

Board of Trustees Swears in Anthony P. Terracciano

NEWARK - At today's special meeting, the Board of Trustees welcomed its newest member, Anthony P. Terracciano.

A businessman with an extensive background in banking and finance, Mr. Terracciano was appointed to the board by Former Governor and current Senate President Richard J. Codey.

Mr. Terracciano is the former Chairman of the Board of Riggs National Corporation. He also served as Vice Chairman of the board of directors of American Water Works Company Inc. from 1997 until January 2003. From July 2000 to January 2002, he was chairman of Dime Bancorp. Prior to that, he was President of First Union Corporation, Chairman and CEO of First Fidelity Bancorporation; President of Mellon Bank Corp. and Vice Chairman of Chase Manhattan Bank.

Mr. Terracciano, 67, is currently a director of Avaya, Inc., Knoll Inc, IKON Office Solutions, and a member of the Board of Trustees for Monmouth Medical Center. He also serves on the NJ State Investment Council.

"I'm pleased and honored to be serving on this board as it embarks on a new chapter of service to this great state," said Mr. Terracciano. "I look forward to working with the current board members, former Attorney General Robert Del Tufo and other new trustees upon their confirmation, as well as the entire university community, as we work to ensure that UMDNJ once again receives the respect it so richly deserves."

The University of Medicine and Dentistry of New Jersey is the nation's largest free-standing public health sciences university with more than 5,500 students attending the state's three medical schools, its only dental school, a graduate school of biomedical sciences, a school of health related professions, a school of nursing and a school of public health on five campuses. More than 2 million patients visited UMDNJ facilities and faculty at campuses in Newark, New Brunswick/Piscataway, Scotch Plains, Camden and Stratford. UMDNJ operates University Hospital, a Level I Trauma Center in Newark, and University Behavioral HealthCare, a mental health and addiction services network.