1963

Richard Braddock, dubbed by Fortune last year as the man behind the rejuvenation of the Diners Club credit card at Citicorp, has been promoted to head of all Citicorp/Citibank consumer businesses worldwide and elected to the boards of directors. His title is sector executive, a new one created by Citicorp for the people who run its three principal lines of business - individual, institutional, and investment banking and financial services. As sector executive, individual bank, Rick runs Citicorp's consumer financial network in 40 states and 31 countries, including more than 52,000 employees who handle over $53 billion in customer assets and $53 billion in total deposits. Previously he was group executive in charge of domestic consumer banking and financial services, which claims a customer relationship with one out of every five American households. A Phi Beta Kappa from Oklahoma City, Rick majored in history and went on to earn an M.B.A. at Harvard. He learned his marketing at General Foods and joined Citibank as a division head in its New York banking division in 1973, where he helped guide the bank into a nationwide and global business. Rick joins Lou Gerstner, new president of American Express, and John Steffans, new president of consumer markets at Merrill Lynch, as a leader in the burgeoning financial services industry.

With all of this heady achievement, I can't help but note the success of another probable '63 from a neighboring Ivy League institution. Benno C. Schmidt Jr. has become the 20th president of Yale University. Schmidt, according to The NewYork Times, graduated from Phillips Exeter Academy in 1959 and moved to Yale, which undoubtedly puts him in our time zone. Some of us are also alumni of Yale, of course, like Norman Buchsbaum, who studied law there and until recently was a partner at the labor law firm of Jackson, Lewis, Schnitzler, and Krupman. Norman has opened his own management labor law practice with a nationwide reach in Baltimore. He is proud that his son, Jeffrey Craig, has been admitted to the class of 1990 at Dartmouth as an early-decision candidate. Jeffrey was a varsity swimmer and National Merit semifinalist in high school. Norman spoke with his former roommate Howard Culver, who lives in Los Angeles and practices environmental law, having changed over from aeronautical law.

Remember the Peace Corps? It was organized by President Kennedy while we were in college, and some of us were among its first recruits. In fact, Dartmouth ranks fourth among New England schools in the number of its graduates with 315. The College will host one of 25 symposiums in this the year of the Peace Corps' 25th anniversary, and, on hand, no doubt, will be David Dawley, until recently associate director of foundation and corporate relations at Dartmouth, subject of a recent Peace Corps 25th anniversary article in Hanover's Valley News. David credits the Peace Corps with helping to motivate him into social research and volunteer work in the 1960s and to national prominence for his work with Chicago gangs. He describes his assignment in Honduras, including life in a rat-infested room. He could hear their cries in the night and in the morning found holes chewed in his personal things. But by the time Dave left he had seen a health clinic and credit union established. His experience led him to a master's in sociology and eventually to volunteer community organizing in Chicago. Dave lives in Hanover with Ana Bessy Peralta Dawley, 14, a student at Hanover High School, whom he adopted when she was eight after a return visit to Honduras.

And now the promised news on AD house '63s, courtesy of Jeff Lapic. FredJones and Stu Richards have converted their interest in skiing into thriving businesses. After several successful years as president of Kirkwood Meadows ski area in California, Fred is coming home to New England, as president of Sugarbush. Fred and Sarah have two daughters: Debbie, moving into her sophomore year at Lewis and Clark College, and Katie, entering her last year of high school. Fred will be joining Stu in Vermont, who specializes in ski areas through Warren Realty in Norwich. Last year Stu spent a week helicopter-skiing in the Cariboos and Monashees in British Columbia. More on AD and other peregrinations next month.

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