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Five Members Appointed to Board of Trustees


The College of Mount Saint Vincent has announced the election of five members to its Board of Trustees: Tim Cassidy, Edward D. Donnelly, Sister Rose Frederick Jones ’57, S.C., Thomas J. Kenny, CFA and Deryck A. Palmer.

Tim Cassidy is the Managing Director of Barclays Capital Inc. where, as Head of US Rates Sales, he manages an Institutional Sales group of forty professionals in New York, Boston, Chicago and San Francisco with 2005 projected revenues of $440 million. Mr. Cassidy received his bachelor’s degree from Cornell University, where he was also a member of the varsity basketball team.

Over the past 20 years, Mr. Cassidy has dedicated his professional life to the financial industry. Mr. Cassidy held the position of Director of Fixed Income Sales for various financial institutions beginning in 1990, including Deutsche Bank AG, Merrill Lynch and Co., and the Swiss Bank Corp. Prior to that, Mr. Cassidy served as Associate Director of US Fixed Income for Lehman Brothers and Co. He lives in Pelham with his wife and three children.

Edward D. Donnelly is currently forming a New York-based business to underwrite professional liability risks on behalf of a U.K. insurance entity. Previously, he served as Senior Vice President for Houston Casualty Company, where he managed a $100 million portfolio of professional liability business with a 24-member staff, and as Senior Vice President for PIA, where, as part owner, he established and managed an underwriting facility for professional liability risks.

Besides his distinguished professional career, in 1998, Mr. Donnelly founded the Harry Donnelly Foundation, a nonprofit whose mission is to help children in need. Mr. Donnelly serves as president of the organization. He received his Bachelor of Science degree from Georgia Tech. He lives in Armonk with his wife and three children.

An alumna and former French instructor of the College, Sister Rose Frederick, S.C. has served as the Psychiatric Social Worker Supervisor for St. Joseph Mental Health Clinic in Yonkers for 27 years. She is also a Visiting faculty member of the Albany Consultation Center and maintains a private practice. Prior to joining the staff at St. Joseph, she worked as a Psychiatric Social Worker for New York Foundling Hospital Guidance Clinic. Sister Frederick Jones received her bachelor’s degree from the College of Mount Saint Vincent in 1957, her master’s degree from Fordham University and her Master’s of Social Work from the Hunter College School of Social Work.

Listed among her civic and philanthropic activities, Sister Rose Frederick  previously served as a member of the Board of Trustees for Elizabeth Seton College and for the Riverdale Mental Health Clinic. She also served as a counselor and faculty advisor for a Southeast Bronx program for minority students. She lives in the Bronx.

Thomas J. Kenny is the Managing Director of Goldman Sachs Asset Management’s Global Cash and Fixed Income Portfolio team, where, as Co-Head of US and Global Fixed Income, he is responsible for managing assets in excess of $240 billion with teams in New York, London and Tokyo. Prior to joining Goldman Sachs, Mr. Kenny spent over 13 years with the Franklin Templeton Group of Funds where he was Executive Vice President and the Director of the Municipal Bond Department.

Mr. Kenny has served in numerous leadership positions for various industry groups, including, most recently, as Vice Chairman of the Municipal Securities Rulemaking Board. He earned his bachelor’s degree at the University of California—Santa Barbara, and his master’s from Golden Gate University in San Francisco. He lives in Manhattan with his wife.

Deryck A. Palmer is a partner in the Business Finance and Restructuring department of Weil, Gotshal & Manges, where he has handled a wide variety of workout, corporate restructuring and bankruptcy matters. Mr. Palmer serves as co-Vice Chair of the American Bar Association’s Business Bankruptcy Committee’s Healthcare Working Group and is a member of the New York State Bar Association Committee on Bankruptcy and Committee on Courts and the Community. He serves as an adjunct law professor at New York Law School, has co-authored two books and was recently recognized by Turnarounds and Workouts as one of the nation’s top 12 “Outstanding Bankruptcy Lawyers.”

Mr. Palmer is a member of the Bureau of National Affairs Advisory Board for the Bankruptcy Law Reporter and sits on the Board of Directors of Boys & Girls Harbor, Inc., Insol International, Greater New York Councils Boy Scouts of America, UJA-The Educational Alliance, Maplewood Village Alliance, Syracuse University, The Cleveland Clinic Foundation and the Coalition of Consumer Bankruptcy Debtor Education. He received his bachelor’s degree from Syracuse University and the J.D. from the University of Michigan. He lives in Maplewood, New Jersey with his wife.

About the College of Mount Saint Vincent
Founded in 1847 by the Sisters of Charity, the College of Mount Saint Vincent offers nationally recognized liberal arts education and a select array of professional fields of study on a landmark campus overlooking the Hudson River. Committed to the education of the whole person, and enriched by the unparalleled cultural, educational, and career opportunities of New York City, the College equips students with the knowledge, skills, and experiences necessary for lives of achievement, professional accomplishment and leadership in the 21st century.