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Gov. Cuomo appoints Paul B. Guenther to SUNY Sullivan Board of Trustees

Loch Sheldrake (November 30, 2011) New York State Governor Andrew Cuomo has appointed Paul B.Guenther to the SUNY Sullivan Board of Trustees. Guenther now fills one of the two expiring-appointed positions on the SUNY Sullivan Board of Trustees. The second appointee has yet to be named.

Guenther joins the SUNY Sullivan Board of Trustees at a time when the college is facing challenges that when met, the Board believes will make the college a stronger and healthier institution of higher learning. The college recently welcomed Dr. William J. Murabito as the interim president.

This is a very exciting time for SUNY Sullivan,” said Nick Speranza, chair of the college’s board of trustees. “We have before us an opportunity to breathe new life into a college that has served the people of Sullivan County for close to 50 years. With the addition of Paul to the board, I am confident that the board, working in conjunction with Dr. Murabito, the SUNY Sullivan college community, and the county will work through the economic and educational   challenges facing this strong institution.

Guenther was president of PaineWebber Group, Inc., the parent company of PaineWebber Incorporated, until his retirement in 1995. Since then he has focused on the nonprofit sector. He was appointed Chairman of the New York Philharmonic in 1996 until 2009 when he became Chairman Emeritus. From 1998 to 2004 he served as Chairman of Fordham University, where he continues as a board member.  He also serves on the Board of Directors of The Guardian Life Insurance Company and its affiliate, RS Investments. He is Chairman of the Community and Southern Bank Holding in Atlanta.

Guenther earned a bachelor’s degree in economics from Fordham University in 1962 and an MBA in finance from the Columbia Graduate School of Business in 1964. In the same year, he began his career as a credit analyst with Manufacturers Hanover Trust Co. He joined PaineWebber Incorporated in 1966 as a securities analyst and served in a variety of positions. In 1984, when the company realigned its three principal subsidiaries into one, Guenther became chief administrative officer responsible for Administrative Services, Operations, and Systems. He assumed responsibility for the firm’s retail sales business in 1987 and for investment banking activities in mid-1988. In late 1988 he was named president of PaineWebber Incorporated, and in 1994, president of PaineWebber Group, Inc. 

Guenther was a 2006 recipient of an honorary doctor of law from Marymount Manhattan College, a 2005 recipient of an honorary doctorate of humane letters from Fordham University, and the 1992 recipient of an honorary LL.D. from Concordia College.

His organizational associations include: Columbia University Graduate School of Business, Board of Overseers; Frost Valley YMCA, Chairman Emeritus; North Shore-LIU Hospital, Trustee; Rockefeller University, Trustee.

Guenther was welcomed to the Board at a trustees meeting on Monday, November 28, 2011.