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New Vice President Finance & Treasurer $6.5 Million for Center Of UNIVERSITY of PENNSYLVANIA Tuesday, January 11, 2000 Volume 46 Number 16 www.upenn.edu/almanac/ Professor Farber to FCC New Vice President Finance & Treasurer Internet pioneer Craig Carnaroli, director of the Health Care Finance Department at Merrill David Farber, the Lynch & Co., has been named Vice President for Finance and Treasurer at Alfred Fitler Moore Penn by Executive Vice President John A. Fry. Professor of Tele- As Vice President for Finance and Treasurer, Mr. Carnaroli is responsible communication for the University’s financial planning processes and coordinates the finan- Systems, has been cial activities for the University and its component parts. He is directly re- named Chief Tech- sponsible for the offices of the Comptroller, Treasurer, Investments, Student nologist for the Fed- Financial Services, Risk Management, Research Services and Acquisition eral Communica- Services. tions Commission “Craig is an outstanding financial executive, who has spent his entire (FCC). He will be career in public finance investment banking, working primarily with hospi- on leave while in tals and colleges and universities,” said Mr. Fry. “His expertise in these areas the government ser- will enable him to lead the Division of Finance forward in a strategic and Craig Carnaroli vice in Washington. progressive manner, as well as enable him to play a key role in planning financial strategies for the The position is tra- University and the Health System.” ditionally a one- or Mr. Carnaroli joined Merrill Lynch in 1995, where he led a team of professionals responsible two-year appoint- for structuring and marketing tax-exempt and taxable debt issues for non-profit education and David Farber ment held by a healthcare institutions. During the course of his investment banking career, Mr. Carnaroli raised scholar. Professor Faber said that while he will not over $5 billion of capital for non-profit institutions. His accomplishments include the implementa- be teaching he will remain on some key commit- tion of a debt recapitalization for an academic health system, the introduction of a new credit to the tees and still advise his graduate students. “This capital markets through the formation of an obligated group comprised of community-based Catholic appointment identifies Dave as the country’s fore- hospitals, and development of a rating agency strategy resulting in the first “Aaa/AAA” rating for most expert in telecommunication technology. We a private secondary school.For the past year, he has been advising the University and its Health System are all delighted,” said Dean Eduardo Glandt. on a broad range of financial strategy, rating agency and institutional investor relations issues. William Kennard, chairman of the FCC, wel- Mr. Carnaroli came to Merrill Lynch from CS First Boston, where he had served most recently comed Professor Farber noting, “The FCC, and, as Vice President, Municipal Securities Division. While at CS First Boston, he assisted the Univer- indeed, the entire country, are very fortunate to sity in the development of the Health System’s borrowing structure through the development of the have the services of such a distinguished, world- Master Trust Indenture. He joined CS First Boston in 1985. class technology expert as Dave Farber at this He received a B.S. in Economics cum laude from the Wharton School, and an M.B.A. from the time, as the FCC continues to tackle the compli- Stanford University Graduate School of Business. cated and increasingly technical issues involved Mr. Fry said Mr. Carnaroli’s appointment is expected to be approved by Penn’s Board of Trust- in ensuring universal broadband access.” ees at its Stated Meeting in February. A Fellow of the IEEE and the holder of the 1995 SIGCOMM Award for lifelong contributions to $6.5 Million for Center of Excellence for Autoimmune Disease the field, Professor Farber has been the director of The Medical Center has received a five-year mans. This research, therefore, represents an- both the Center for Communications & Informa- $6.5 million grant from the National Institutes of other possible therapy for MS patients.” The tion Science & Policy and the Laboratory for Health (NIH) to estab- study, which was originally successful with mouse Distributed Systems at Penn where he has led lish the new Penn Center models, will soon include human MS patients. research in ultra-high speed networking, the design of Excellence for Au- Dr. Robert A. Eisenberg, professor of medi- of innovative distributed computer architecture toimmune Disease. cine and neurology, is the principal investigator and distributed collaboration methodology. “Our goal for the cen- of the SLE study, which involves destroying MLK Celebration: January 17 ter is to try to translate pathogenic B cells. Dr. Eisenberg’s general re- knowledge from basic search interests are cellular, biochemical, and To the University Community: science into clinical prac- genetic mechanisms of systemic autoimmunity. The theme for this year’s celebration of the birth tice, focusing first on Other faculty members of the Center of Excel- of Dr. Martin Luther King, Jr. is The Importance of multiple sclerosis (MS) lence for Autoimmune Disease include: Dr. Daniel King’s Philosophy and Action for the 21st Century. and systemic lupus A. Albert, associate professor of medicine; Dr. We encourage all faculty, staff and students to erythematosus (SLE),” Phillip Cohen, professor of medicine; Dr. Steven participate in some of the many commemora- said Dr. Mohamad L. Galetta, professor of neurology; Dr. Malek tive programs being held between January 17 Rostami, professor of Mohamad Rostami Kamoun, professor of pathology and laboratory and January 28. neurology and director Release time has been authorized for medicine; and Dr. Burton Zweiman, emeritus staff to attend Martin Luther King, Jr. of the new center. Dr. Rostami and the rest of the professor of medicine and neurology. center’s investigators will use animal models to Day commemorative programs on Janu- IN THIS ISSUE ary 17, and supervisors are encouraged learn how these diseases are produced and ulti- to be flexible in granting release time mately, how to treat them. The final step will be 2 Council; Y2K Success; Wormley to UCD and making arrangements for coverage attempting to bridge treatment from animal to 3 Proposed Policy on Privacy in the of responsibilities. human studies. Electronic Environment Dr. Rostami is currently the principal investi- 4 HONORS & Other things Likewise, faculty are encouraged 6 Staff Changes Biomed Communications, to be flexible regarding class atten- gator of a study to prevent the relapse of MS by Bookstore, ICA dance to allow students the opportu- neutralizing interleukin-12 with antibodies. Ac- 7 Deaths; Ginsberg Memorial Resolution nity to participate fully in January cording to Dr. Rostami, “we have been able to 8 Penn 100 Years Ago 17 programming. prevent relapses in the mice with EAE using 10 Appointments/Promotions —Judith Rodin, President antibodies interleukin-12 for the first time. Most 13 Penn’s Way Raffle, Grants, ISC Rates —Robert Barchi, Provost treatments for MS are first tried out in the experi- 14 Martin Luther King, Jr. Events —John Fry, Executive Vice President mental EAE model before being tested in hu- 15 CrimeStats; Update; Express-Almanac 16 25-Year Club New Members Council’s December Open Forum A Safe Landing for Penn in Y2K The December 8 University Council Meeting be- gan with the President’s Report in which Dr. Judith To the Penn Community: Rodin discussed safety and security and the conundrum: overall crime is significantly lower on campus and in When a jumbo jetliner makes a safe landing on a dark night, most of us take it for the surrounding areas than in the past three years but granted that we made it home in one piece. But even such an everyday occurrence draws on members of the community feel less safe. In order to the highest professional skills of literally thousands of people to assure success. address those concerns the following steps will be taken: Now that the Y2K rollover has come and gone so quietly, some people are wondering the creation of a Crime Suppression Response Team, con- what the fuss was about. But this was no routine event. The risks were very real and the sisting of ten officers and a sergeant; an increase in Penn effort that thwarted them was truly monumental. We wish to congratulate publicly the many Walk staff and more Spectaguard staff; assistance from members of the University’s team who put in heroic efforts to have us ready for that safe neighboring agencies, such as UCD and Philadelphia Po- landing. We were led in this effort by Robin Beck of ISC and Ward Keever of UPHS, and lice. She also noted Phase II of CCTV and the redesign of they were backed by dozens of members of their staffs, notably ISC’s Michael Kearney, the Public Safety webpage. In anticipation of Y2K she who led development of University-wide contingency plans, but beyond the central tech- gave assurances that all core services and mission-critical nology offices, hundreds more Penn people contributed. Facilities Services and Public Safety systems were Y2K compliant. both made major efforts, while all across the University individuals and teams in affected Provost Robert Barchi announced several initiatives offices and laboratories took time from work they would rather have been doing to assure including reorganizing the vice provost for research their colleagues of an uneventful new year. position, the formation of an IT Advisory Board, a Task To all these people, we express our thanks and admiration. The Y2K effort was Penn at Force on Academic Integrity and another on Genomics. its best —a broad community of professionals working together across organizational bound- There were brief reports from GAPSA, the UA, and aries to achieve excellence for the University as a whole.
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