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Peter T. Grauer ’68 of Greenwich, Conn., chair of Bloomberg LP, became the newest member of the Board of Trustees on Nov. 17. Grauer was appointed by Gov. Beverly Perdue to the 13-member board responsible for governing the University. He replaced John Ellison ’69, whose term expired.
Grauer earned an English degree from the University and an MBA from Harvard. In his career in the financial industry, he was a managing director of Donaldson, Lufkin & Jenrette from 1992 to 2000, when DLJ was acquired by Credit Suisse First Boston. He served as a managing director and senior partner of CSFB Private Equity until March 2002. Grauer is a founder of DLJ Merchant Banking Partners and DLJ Investment Partners.
Grauer has been a member of the Bloomberg board since October 1996 and was named chair of the board in March 2001, succeeding Michael R. Bloomberg. Grauer joined Bloomberg full time as chair, president and chief executive officer in 2002. He is also lead director of the health care services company DaVita Inc. Grauer has served on the boards of more than 25 public and private companies.
In 2008, he received the William Richardson Davie Award, the Board of Trustees’ highest honor, for extraordinary service to the University or society. At Carolina, he has stewarded the Honors Program and the Johnston Center for Undergraduate Excellence, whose external advisory board he has led since 1997, and where an endowed professorship is named in his honor. Grauer also is a member of the University of North Carolina at Chapel Hill Foundation Board and the UNC Global Research Institute Board, and he has served as a member of the UNC National Development Council.