CARNEGIE CORPORATION BOARD OF TRUSTEES HONORS RETIRING MEMBERS

New York, New York, December 5, 2013 — The Board of Trustees of Carnegie Corporation of New York honored board members Amy Gutmann, Ana Palacio, and Norman Pearlstine for their service at their last Board meeting today.

Dr. Gutmann, President of the University of Pennsylvania, is completing her second four-year term on the Corporation Board. (Board members are limited to two consecutive terms). At the helm of Penn since 2004, she launched the Penn Compact, her vision for making the university a global model of teaching, research, and professional practice, as well as an agent of social and economic progress. Under her leadership, the “Making History” drive raised $4.3 billion, the largest fundraising effort in Penn’s history, and she helped strengthen the neighborhood reinvestment program known as the West Philadelphia Initiatives. Dr. Gutmann is a founding member of the Global Colloquium of University Presidents, which advises the Secretary General of the U.N. She also chairs the Presidential Commission for the Study of Bioethical Issues.

“President Gutmann has engendered a free and robust intellectual climate that attracts talented students and eminent faculty to the university and has pushed Penn to the forefront in community engagement. Her deep academic knowledge has particularly inspired our thinking about education research and practice,” said Thomas H. Kean, former Governor of New Jersey and Board Chair.

Ana Palacio was the first woman to serve as Spain’s Foreign Minister and, as Prime Minister Aznar's representative to the European Convention and the Convention's Presidium in 2001-2002, she was at the forefront of the debate on the future of the European Union. After completing her successful tenure as Foreign Minister, she became Senior Vice President and General Counsel of the World Bank Group and Secretary General of the International Center for the Settlement of Investment Disputes (2006-2008). She has served on the Corporation Board since 2005.

“Ana Palacio’s keen insights and wise guidance are appreciated in Europe and elsewhere. Her legal knowledge and international perspective have always been of tremendous value. We especially appreciate her service on the Corporation’s Audit and International Program Committees,” said Vartan Gregorian, President of Carnegie Corporation of New York.

Norman Pearlstine was recently appointed Executive Vice President and Chief Content Officer of Time Inc. after serving as the Chief Content Officer of Bloomberg L.P. From 1995 to 2005 he was Editor-in-Chief of Time Inc. Pearlstein worked for The Wall Street Journal from 1968 to 1992, except for a two-year period at Forbes. From 1983 to 1992, he served as the Managing Editor and then Executive Editor of The Wall Street Journal.

“Norman Pearlstine exemplifies intellectual depth, leadership, vision, and steadfast commitment to service. Since joining the Board in 2005, he has demonstrated unparalleled understanding of business, media, and international affairs that has been vital to the work of the Corporation,” Gregorian said. “There is no aspect of this foundation’s mission that has not benefited from his guidance.”

At the Board meeting announcing the retirement of these three distinguished Trustees, it was also announced that two new Trustees would be joining the Board. Journalist Judy Woodruff, co-anchor of the PBS NewsHour, and Jared L. Cohon, Ph.D., who recently stepped down as President of Carnegie Mellon University, were named members of the Carnegie Corporation of New York Board of Trustees. Woodruff previously served on the Corporation Board from 1996 to 2003.

About Carnegie Corporation of New York

Carnegie Corporation of New York was created by Andrew Carnegie in 1911 “to promote the advancement and diffusion of knowledge and understanding.” In keeping with this mandate, the Corporation’s work focuses on the issues that Andrew Carnegie considered of paramount importance: international peace, the advancement of education and knowledge, and the strength of our democracy.