Alumnus Anthony Cuti, MBA’70 (Metro), has been elected to the Board of Trustees. He is chairman, president and chief executive officer of the Duane Reade Corporation, New York’s largest chain drug retailer.

During Cuti’s seven-year tenure, Duane Reade has grown from a 59-store chain to a 240-store chain generating approximately $1.4 billion in sales revenue with the number-one market share in the metropolitan New York area.

He began his career as a research pharmacologist for the Ciba-Geigy Corporation in 1967. Cuti joined Revlon in 1972 and was named chief financial officer of the Revlon Healthcare Group in 1980.

Bristol Myers Corporation recruited him in 1984 to serve as chief financial officer of the Bristol Myers International Group. In 1990, he joined Supermarkets General Corporation, operator of Pathmark Stores, and three years later was named president of Supermarkets General and Pathmark and a director of the company’s board.

Cuti is a director of the National Association of Chain Drug Stores (NACDS), a member of its executive committee; and a director of the Chain Drug Consortium, LLC (CDC). He is a director of the Greater New York Council of the Boy Scouts of America. He was honored by the University in 2002 with The PINNACLE Award, one of the highest honors the University bestows on its alumni.

October 2003

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Flor =
College at Florham, Madison, N.J.

Metro =
Metropolitan Campus, Teaneck, N.J.

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