Campus Connection.
September 28, 2001 Volume 17, Number 6


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Nardelli, Gleacher to Receive Honorary Doctorate Degrees

The Board of Trustees approved a recommendation at its Sept. 14 meeting to name Eric Gleacher, a former WIU student and president and CEO of Gleacher Nat West, and Robert Nardelli, WIU graduate and CEO of The Home Depot, as the recipients of an Honorary Doctorate of Humane Letters to be awarded at the University's May 11, 2002 commencement exercises.

Gleacher has had a distinguished professional career as chair, president and CEO of Gleacher & Co., an international investment banking firm in New York City which he founded in 1990. He has served as an associate and partner at Leman Brothers where he founded its mergers and acquisitions department in 1978, and then joined Morgan Stanley in 1983, where he served as global head of mergers and acquisitions. Gleacher, a member of the 1959 four-man Western team that won the NAIA national golf championship, recently donated $1 million to expand WIU's golf course now called the Harry Mussatto Golf Course in honor of his former golf coach at WIU to an 18-hole course.

Gleacher contributed $15 million to the school to help finance a new building for the business school in downtown Chicago. Over the years, Gleacher has been actively involved in golf as an administrator, a benefactor and player. He is a member of the United States Golf Association (USGA) Executive Committee, and is the USGA finance division chair.

Nardelli, who was named president and CEO of The Home Depot in December 2000, is a 1971 WIU graduate. The Home Depot, founded in 1978 in Atlanta, GA, currently operates more than 1,200 stores in the U.S., Canada, Puerto Rico and Chile with reported sales of more than $45.7 billion. Prior to his position leading the world's largest home improvement retailer, Nardelli was president and CEO of GE Power Systems, a $15 billion division of General Electric Company. He started his career at GE in 1971, advancing through the manufacturing leadership positions in various business units

Nardelli was a three-year letterman on the Leathernecks football team from 1968-70 and was co-captain and an all-state and all-conference performer in 1970. Nardelli served as an honorary co-chair of WIU's $25 million Centennial Campaign, which concluded in December 2000.

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