Wall Street Investment Bank C.E.O. To Speak, Receive Medal At B.C. Dinner

By Michael Seele
Chronicle Editor

John S. Chalsty, chairman and chief executive officer of the Wall Street investment bank Donaldson, Lufkin & Jenrette, Inc., will speak and receive the President's Medal for Excellence at the ninth annual Boston College Tribute Dinner in New York City on April 17.

The black-tie gala will be held in the grand ballroom of the Waldorf-Astoria Hotel. It is expected to draw over 1,000 alumni, parents and friends of Boston College and raise over $1 million for the Presidential Scholars Program, which attracts students from the top 2 percent of college applicants nationally to the University.

Boston College President William P. Leahy, SJ, will present Chalsty with the President's Medal for Excellence, which honors individuals who have distinguished themselves through personal or professional achievements which exemplify the ideal proclaimed in the University's motto, "Ever to Excel."

The dinner will be chaired by University trustees John F. Farrell Jr., chairman and chief executive officer of North American Mortgage Co., and Salvatore J. Trani, president and chief executive officer of Garban Corporates. It is sponsored by the Wall Street Council, which is co-chaired by University Trustee Chairman Richard F. Syron, chairman and CEO of the American Stock Exchange, and Trustee Associate Peter S. Lynch, vice chairman of Fidelity Management & Research Co.

Chalsty joined DLJ in 1969 as an oil analyst. He was named director of research and elected to the board of directors in 1971, and was appointed head of the investment banking division in 1979. He was named chairman of the capital markets group in 1984 and was appointed president and CEO in 1986. He assumed his present position last year.

Prior to joining DLJ, Chalsty worked for 12 years for Standard Oil of New Jersey in numerous capacities.

Chalsty is a leader in the New York economic and cultural communities and is a member of the Columbia University board of trustees. He served as vice chairman of the New York Stock Exchange from 1990-94 and a NYSE director from 1988-94.

A South African native, Chalsty holds bachelor's and master's degrees from the University of Witwatersrand in Johannesburg, and a master of business administration degree from the Harvard Business School.

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