News Release

Local angle: Albemarle; Charlotte; Durham; East Hanover, N.J.; Greenwich, Conn.; Research Triangle Park; and Tuxedo Park, N.Y.

National leaders, UNC Kenan-Flagler
alumni honored for achievement

CHAPEL HILL -- The University of North Carolina at Chapel Hill’s Kenan-Flagler Business School recognized seven outstanding alumni at its seventh annual alumni association awards ceremony Nov. 4.

Hugh L. McColl of Charlotte, former chairman and chief executive officer of Bank of America, received the Business School Leadership Award, which recognizes an alumnus who demonstrates exceptional achievement in a career field, personal endeavor or service to UNC Kenan-Flagler.

William B. Harrison Jr. of Greenwich, Conn., chairman and chief executive officer of JPMorgan Chase, received the Global Leadership Award, which honors an alumnus or friend of the school whose global participation and initiative advance the school’s education, research and public service mission.

Four distinguished alumni received Alumni Merit Awards, presented by UNC Kenan-Flagler’s degree programs to alumni who personify the school’s tradition of excellence:

· Gary Parr of Tuxedo Park, N.Y., deputy chairman of Lazard Frères & Co., received the BSBA Alumni Merit Award.

· Daryl G. Brewster of Brookside, N.J., group vice president of Kraft Foods, received the MBA Alumni Merit Award.

· Thomas M. Brantley of Charlotte, tax director and corporate tax executive of Bank of America, received the Master of Accounting Alumni Merit Award.

· Elizabeth B. Matthew of Durham, vice president of IBM Software’s application and integration middleware technical support and customer service, received the Executive MBA Alumni Merit Award.

Also, Courtney A. Brown of Washington, D.C., adviser to the U.S. Office of Foreign Disaster Assistance, received the Outstanding Young Alumni Award, honoring an alumnus or alumna of the last decade who demonstrates leadership in career accomplishments and exceptional commitment to the school.

Following is more background on the award recipients.

McColl earned his bachelor’s degree in business administration in 1957. He was chairman and CEO of Bank of America until 2001, when he co-founded McColl Partners, a middle-market mergers and acquisition advisory firm.

During his tenure at Bank of America, McColl guided the organization to more than 50-fold growth, acquiring more than 50 companies and creating the largest banking institution nationwide.

Since his retirement from Bank of America in 2001, McColl has founded several businesses in addition to McColl Partners, including McColl Garella, an advisory firm focused on female-owned-and-run businesses, and two fine art consulting firms, McColl Fine Art in Charlotte and MME Fine Art in New York.

Harrison received his bachelor’s degree in economics in 1966 and is a graduate of Harvard Business School’s International Senior Management Programme in Switzerland. He is chairman and CEO of JPMorgan Chase, which merged with Bank One Corp. in 2004.

Previously, Harrison was president and CEO of JPMorgan Chase. Prior to the merger with J.P. Morgan & Co., he was chairman and CEO of Chase Manhattan Corp.

In 1999, after serving as a vice chairman at Chase, Harrison was named president and CEO, responsible for all wholesale banking operations, including investment banking, capital markets and private equity businesses. He had those same responsibilities at Chemical Bank – where he began his career in 1967 – before it merged with Chase in 1996.

Parr received his bachelor’s degree in business administration in 1979. He is deputy chairman of Lazard Frères & Co., where for more than 20 years he has focused on providing strategic advice to financial institutions worldwide.

Prior to joining Lazard, Parr was with Morgan Stanley, where he served in numerous capacities including vice chairman of institutional securities and investment banking. He was one of three vice chairmen involved across the entire institutional business globally.

Parr is chairman of UNC’s Parr Center for Ethics and is on UNC Kenan-Flagler’s board of visitors. He also is on the board of Yale University’s Berkeley Divinity School.

Parr graduated from UNC with honors and is a member of Phi Beta Kappa and Beta Gamma Sigma. He earned his MBA from Northwestern University.

Brewster received his MBA in 1982 and has a bachelor’s degree in economics from the University of Virginia. He is group vice president of Kraft Foods and president of the $6 billion U.S. snacks and cereals sector.

The most senior Nabisco executive remaining from the 2000 merger, Brewster oversees all aspects of Kraft’s snack portfolio.

Brewster began his career as an assistant promotions director for the Atlantic Coast Conference Intercollegiate Athletic Association in 1979. In 1980, he became UNC’s assistant director of sports marketing and began his MBA, graduating with honors.

He joined the packaged goods industry in 1982 and progressed steadily through the ranks, holding positions at General Foods, Campbell Soup Co. and then at Nabisco, where he was president of Planters Specialty Co. and later, general manager of Nabisco’s North American Biscuit Division.

Brantley graduated in 1973 with a bachelor’s degree in economics. He is tax director and corporate tax executive of Bank of America.

Prior to his current position with Bank of America, Brantley was a tax partner in the PricewaterhouseCoopers financial services industry-banking tax consulting group and was the lead tax engagement partner for Bank of America from 1991 to 2003.

At UNC, Brantley was a member of Alpha Tau Omega fraternity and the Order of Gimghoul. Upon graduation, Brantley joined the U.S. Department of Treasury, where he spent two years with the comptroller of the currency. In 1975, he returned to UNC and completed a course of study in accounting.

Matthew earned her executive MBA in 1995. She was appointed vice president of IBM Software’s application and integration middleware technical support and customer service in January 2004.

Matthew is responsible for focusing on all aspects of customer support and quality for the application and integration middleware (AIM) division. She directs AIM’s strategy for ensuring that customer satisfaction is consistently met and works closely with development to drive product and quality enhancements required by the marketplace.

Matthew joined IBM in 1975 in Pittsburgh and has held numerous management positions related to development, customer support, finance, field marketing and services. She has completed undergraduate studies at Duquesne University in Pittsburgh and at the University of San Francisco.

Brown received his bachelor’s degree in business administration in 1997 and earned his master’s degree in international development from the London School of Economics.

Brown is adviser to the U.S. Office of Foreign Disaster Assistance (OFDA) on humanitarian economic assistance with a focus on livelihood restoration in post-disaster settings. OFDA is an office within the U.S. Agency for International Development, a component of the U. S. Department of State. OFDA is the U.S. government’s first responder to foreign disaster and is mandated by Congress to save lives, alleviate human suffering and mitigate the economic impact of disaster.

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UNC Kenan-Flagler contact: Allison Reid, (919) 962-8951 or allison_reid@unc.edu