The news office released the following announcement this afternoon:

For release May 13, 2002

DR. JOHN ELLIOTT OF CORNELL’S JOHNSON SCHOOL NAMED
NEW DEAN OF BARUCH’S ZICKLIN SCHOOL OF BUSINESS

--Dr. Elliott Also Accepts Newly Named Irwin and Arlene Ettinger Chair
in Accountancy at Baruch, Adding to 20 New Hires in Faculty at the
Zicklin School for Fall 2002 --

BARUCH COLLEGE, NY, NY – At a moment when Baruch College’s
Zicklin School of Business has embarked on an ambitious program of
42 new faculty hires and begun major initiatives to increase its public
profile and to move into the top tier of national business schools, the
president of the College, Ned Regan, today announced the
appointment of Dr. John Elliott as new dean of the Zicklin School.

At the same time, Dr. Elliott has been appointed to the newly named
Irwin and Arlene Ettinger Chair of Accountancy at Baruch.

Both appointments, pending approval by the Board of Trustees of The
City University of New York, are effective July 1, 2002.

Dr. Elliott currently serves as associate dean for academic affairs at
the Johnson Graduate School of Management at Cornell University.
He received his PhD in accounting from Cornell in 1982, has since
then taught there, most recently as a full professor, and has served in
various prior administrative posts, including director of doctoral
programs.

He is widely published, has served on the editorial boards of every
major accounting journal, and, among his other professional
affiliations, is a founding member of the African American Doctoral
Students Association, which promotes doctoral study among minority
candidates nationwide.

The Zicklin School of Business is the largest business school in the
United States, with some 13,000 undergraduate and graduate
students (Baruch College’s total enrollment is approximately 15,500).

Dr. Elliott takes over the official responsibilities of the deanship on
September 1, 2002, from Dr. Sidney Lirtzman, who has been dean of
the school for the past seven years and who also served as interim
president of the College in 2000-2001.  Lirtzman last fall announced
his retirement from the deanship and this spring was awarded the
first Emanuel Saxe Medal for Academic Excellence, named in honor of
the earlier longtime and beloved business school dean.

Baruch President Ned Regan, in making today’s announcement, said,
“Baruch’s Zicklin School has now embarked on a mission to take its
great tradition of excellence in educating New York’s leading business
professionals and make itself into a high-ranking national school.
John Elliott is a fine scholar and superb academic leader.  He has
regularly published in the top journals and taught even as a full-time
administrator, and he is the educator who will lead the way.  The
College community is grateful and pleased that he has accepted our
invitation to the deanship and the Ettinger Chair, and we welcome him
with warmth and high expectations.  We are also enormously grateful
to Sidney Lirtzman, an academic leader whose name has long been
synonymous with Zicklin’s ongoing commitment to excellence and its
initiatives toward national prominence.”

In commenting both on the newly named chair and the deanship, Dr.
Elliott today said, “Obviously, I am pleased and proud to take these
dual positions.  I am particularly excited by the combination, because I
view this gift, The Irwin and Arlene Ettinger Chair in Accountancy, as a
leadership statement about the future of the Zicklin School at Baruch.
The gift exemplifies the support and commitment of a dedicated group
of alumni.  Together with the efforts of a dedicated faculty, committed
students, and strong administrative leadership, the School is poised
for great things.  I am very pleased to be invited to join this journey.”

Irwin Ettinger is chief accounting and tax officer of Citigroup and a
1958 graduate of Baruch (then the business school of City College).
The chair is a gift from him and his wife, Arlene Ettinger, who is a
graduate of Brooklyn College. Today, Mr. Ettinger said, “My wife,
Arlene, and I feel a tremendous debt to Baruch and City University for
the education it provided us and for the opportunity it gave us to
succeed. We felt it appropriate to give something back to the school
and to the students now by funding a chair in accountancy. We hoped
that it would attract another high-caliber professor to the school to
continue the tradition of excellence that Baruch represents.”

In addition to naming Dr. Elliott to the Ettinger chair, the Zicklin School
this spring has completed 20 other new faculty hires in a program
calling for forty-two new faculty appointments over a two-year period,
the most ambitious new faculty hiring program among business
schools in the United States. The School also has unveiled a number
of initiatives that raise its national profile, such as The Center for
Integrity in Financial Reporting, which sponsors events, lectures, and
significant scholarship and research that examine the role of ethical
financial and business practices in accountancy, auditing, commerce,
and corporate governance, with the ultimate aim of shaping a new
ethos of integrity in the business community and a renewed
confidence in American corporate culture.

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