News

May 24, 2007

Two Alumni Elected to Board of Trustees

Samuel R. Chapin ’79 and Martha A. Heinze ’86 were elected May 18 and will begin five-year terms July 1

Samuel R. Chapin ’79 and Martha A. Heinze ’86 were elected to the Board of Trustees May 18 and will begin five-year terms July 1. Chapin is vice chairman and a member of the Executive Client Coverage Group of Merrill Lynch & Co., New York City. Heinze is program manager for Network Management in the Treasury and Securities Services division of JPMorgan Chase & Co., New York City.

Three current board members were re-elected to five-year terms beginning July 1 (2007). They are Edward W. Ahart ’69, managing partner in the law firm of Schenck, Price, Smith & King, Morristown, N.J.; Richard A. Grossman ’64, president of Interstate Building Corporation, Tarrytown, N.Y.; and George M. Jenkins ’74, president of Merritt Capital Inc., Radnor, Pa.

Three retiring trustees, Robert L. Yohe ’58, vice chair of the board; Nancy Brennan Lund ’74, and William P. Rutledge ’63, were elected to emeritus status and recognized for their service to the College by Alan R. Griffith ’64, chair of the board, at the 172nd Commencement. Yohe is the former vice chairman and director, Olin Corporation. Lund is senior vice president, marketing, Philip Morris U.S.A, Richmond, Va. Rutledge is former chairman and CEO of Teledyne, Inc.

The secretary of the board, Riley K. Temple ’71, a partner in the law firm of Halprin and Temple, Washington, D.C., will succeed Yohe as vice chair, and Ahart will succeed Temple as secretary.

Also leaving the board is Barbara J. Lombardo ’83, partner, IBM Global Business Consulting Services, West Chester, Pa., who is concluding a five-year term as alumni trustee.

Chapin was appointed vice chairman of Merrill Lynch & Co. in September 2003 and is a member of the firm’s executive Operating Committee. Previously, Chapin was senior vice president and head of the Global Investment Banking division of Merrill Lynch from 2001-03. Prior to that, he led the group within investment banking responsible for coverage of industrial companies.

During his career, Chapin has been active in managing the firm’s relationships with a wide range of clients primarily in the industrial and consumer products industries. He has worked with clients on a broad range of financing and strategic advisory assignments totaling more than $160 billion in value. In 2001, Investment Dealers’ Digest named Chapin Investment Banker of the Year.

Chapin joined Merrill Lynch in 1984 as a member of the Mergers and Acquisitions Group and was named a managing director in Corporate Banking in 1993. Before joining Merrill Lynch, Chapin worked for Chase Manhattan Bank, New York City, for three years in the corporate banking group.

Chapin received an A.B. in economics and business summa cum laude from Lafayette in 1979 and was elected to the Phi Beta Kappa honor society. He received an M.B.A., with distinction, from The Wharton School, University of Pennsylvania.

Chapin lives in New York City with his wife, Beth Lanigan Chapin ’80, and two sons. He is a member of the Board of Directors of the Roundabout Theatre Company, a not-for-profit arts organization, and the Board of Directors of Junior Achievement of New York. A sustaining member of Lafayette’s Marquis Society, he is also a Director for the Wharton Financial Advisory Board and a member of the Financial Services Roundtable.

Heinze, of Short Hills, N.J., is responsible for managing global programs associated with the corresponding banking network used by JPMorgan Chase & Co., including strategic analysis and planning, as well as risk management initiatives.

Previously, Heinze played a key role in the bank’s efforts to merge Bank One into JPMorgan Chase. She has also been responsible for managing the bank’s global relationship with SWIFT, the telecommunications network that financial institutions use for moving money around the world. She was involved in preparations for the Euro and Y2K, ensuring the readiness of banking partners in other countries. In addition, she planned and executed client communications during the Chemical Bank – Chase Manhattan Bank merger.

Prior to joining the bank in 1994, she held positions in product management, marketing and research, and strategy at ADP and AT&T, specializing in new product development and roll-out.

She earned an A.B. in psychology from Lafayette in 1986, an M.B.A. from Rutgers University Graduate School of Management, and a J.D. from Fordham University School of Law.

An alumni associate member of the Board of Trustees’ Committee on Athletics and Student Affairs, she served on the Lafayette Leadership Council from 2003-06. She is a sustaining member of the Marquis Society and member of the Porter Society. Her volunteer support of the College includes serving as externship sponsor and mentor for the Gateway program, a participant in Career Services’ Finance Night in New York City 2005-07, and a volunteer in Reunion and phonathons.

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