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Beginning the new year, the University’s Board of Trustees has elected Catherine M. Keating, head of Investment Management Americas at J.P. Morgan to be the newest chairperson.
Along with her appointment, Paul A. Tufano, the executive vice president, general counsel and president of Government Markets of Independence Blue Cross has been announced as the newest vice chairperson.
Additionally, four new members were also elected to complete the 34-member Board of Trustees: Rev. Peter G. Gori, O.S.A., JCD, Elizabeth T. Mazzeo, Robert J. McCarthy, and Patrick M. McMahon.
Keating and Tufano, along with the four new members, bring a wealth of knowledge and experience to the board.
Keating, who is the first woman to be elected University chairperson, has stood out as a prominent and accomplished leader in the community, formerly serving as vice chair of the University Board of Trustees since 2011 and also as an active board member over the past few years.
With such impressive achievements in the investment field, Keating is expected to continue to run the board in a professional and effective manner.
In addition to her recent appointment of chairperson to the board, Keating also serves as a director of the J.P. Morgan Chase Foundation, a member of the J.P. Morgan Chase & Co. Executive Committee, the senior leadership group of the corporation and also as a member of the Asset Management Division Operating Committee.
Named one of the most powerful women in banking by U.S. Banker, Keating heads America’s most prestigious bank and leader in wealth management.
As the previous CEO of the United States Private Banking at J.P. Morgan, she has helped the company grow not only nationally, but also on the international scale.
With her roots at the University, Keating became one of the youngest partners at a well-established and traditional Philadelphia law firm after graduating from the University of Virginia School of Law.
Keating, who succeeds Terence M. O’Toole, who served as chair of the Board of Trustees since 2011, is expected to fulfill the role with her prior experience, along with her knowledge of financial services.
Keating is joined by the recently appointed vice chair and graduate of the School of Business and the Villanova University School of Law, Paul A. Tufano, Esq.
Serving as the executive vice president, general counsel and president of Government Markets of Independence Blue Cross, Tufano manages the legal, regulatory, government and public affairs of the full-service health insurance corporation in Philadelphia.
Additionally, he is chairman of the board of the AmeriHealth Mercy Family of Companies, chairman of the board of Directors of the Kimmel Center for the Performing Arts and is a board member of WHYY, as well as a member of the Committee of Seventy.
The University’s Board of Trustees’ main role is maintaining oversight into the economic runnings of the school.
Meeting four times a year at the Villanova University Conference Center, the board approves the budget, the creation of new programs and any other major decisions for the University.
Most recently, the board has been involved in the approval of landscaping which includes the construction of the new Grotto, the Lancaster Avenue project and Cafe Nova as well as the renovations in the residence halls of Sullivan and Sheehan.
Importantly, the board has been actively involved in the University Strategic Plan, which will lead the university through the next decade.
With 34 members on the board, many of whom are alumni, smaller committees meet regularly and manage a variety of fields.
Because the board includes the committees of academic affairs, development, athletic, investment and many more, it is able to better relate to the University.
Keating, an active member of the student life committee for a number of years, was energetically involved in the placement of sprinklers in the residence halls, along with many other student-improvement projects seen throughout campus.
Aside from the election of Keating as the chairperson, the most recent appointments to the board, which went into effect on Jan. 1, bring quality, competence and expertise to the University.
All talented and successful alumni, the newest members serve the University in vital guidance and priceless input into the financial oversight of the institution.
The Reverend Peter G. Gori, O.S.A., pastor of St. Augustine Parish in Andover, Mass. has served on multiple boards including the Metropolitan Tribunal of the Archdiocese of Boston since 1989, the Archdiocese of Boston Presbyteral Council, the Steward Health Care System, serving as trustee/director of Holy Family Hospital in Methuen, Mass., and as a board member of the Directors of Lazarus House Ministries, Lawrence, Mass.
Elizabeth T. Mazzeo serves as the chief operating officer of Bloomberg, LP, based in New York, and a leading global provider of business and financial data, news and analytics.
An active leader in developing Bloomberg’s trading system, Mazzeo has served as Bloomberg’s global head of data products and is also a member of Bloomberg’s management committee.
Additionally, Mazzeo is a former member of the School of Business Dean’s Advisory Council. Robert J. McCarthy serves as the chief operations officer for Marriott International, Inc.
Currently, McCarthy oversees financial management and leadership across 18 brands, and almost 3,800 hotels on the global scale and has held numerous management and executive positions in the past.
Additionally, McCarthy is a past member of the School of Business Dean’s Advisory Board and the Dean’s Advisory Board at Cornell University’s School of Hotel Administration.
Patrick M. McMahon serves as the chief executive officer and co-chief investment officer of MKP Capital Management, LLC.
He has served as a member of the University’s executive committee on the President’s Leadership Circle, and established The Endowed Fund for men’s basketball, along with the Patrick and Kristen McMahon Endowed Scholarship.
Currently, McMahon serves as a board member and treasurer of the Each One Counts Foundation, as well as a member of the Board of Directors of the ELS for Autism Foundation.
Overall, University President Rev. Peter M. Donohue, O.S.A., is looking forward to the upcoming year with the newest appointments and selection of the chair and vice chair.
He believes that Keating, along with the other University alumni serving on the board will “strengthen the Board of Trustees which provides critical oversight and guidance for the University.”

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