Executives in Residence Program Unites Graduate Students with Professional Alumni

Four alumni served as guest lecturers for Executives in Residence (EiR), a three-credit course for graduate students enrolled in the Master of Business Administration program at Saint Peter’s University. This course brings senior executives to the classroom to exchange ideas on the goals and strategies of companies and industries, and identifies issues related to current trends in business strategy.

This semester, EiR began on March 17, when students gathered at the headquarters of the Depository Trust Clearing Corporation (DTCC) in Jersey City for an offsite session featuring Nadine Augusta ’93, head of diversity and inclusion in social responsibility. The day included an executive panel discussion facilitated by Augusta. She is responsible for leading the respective strategies for the company, including setting the global agenda, establishing the infrastructure and managing strategic relationships. Prior to assuming her current position, Augusta was a senior vice president for global diversity and inclusion for Bank of America. She also held positions in global technology and operations, where she was part of the Bank of America/Merrill Lynch Merger Integration Team responsible for the technology deployment strategies for 45 global markets sales and trading integration projects. Augusta was also a member of the Wealth Management Assessment Team for the Bank of America/Merrill Lynch merger. Previously, she held various roles in the business supervision function within Global Corporate and Investment Bank. Augusta has more than 20 years of experience in financial services and recently completed the Ascent Executive Leadership Program at the Tuck School of Business at Dartmouth. She received a bachelor’s in psychology and a minor in business administration from Saint Peter’s, and has twice received the President’s Volunteer Service Award.

Then on March 18, Cecilia (Ceil) Michalik ’73 came to campus and discussed the numerous executive positions she’s held at Ford Motor Company since joining the company in 1976. Michalik was part of the original management team to start up PRIMUS Automotive Financial Services in Nashville. In 1996, she became managing director for Ford Credit Britain, which also included responsibilities for Ireland and the joint venture in South Africa. In 1998, she was named one of the top 25 women in the automotive business in Europe. Returning to the United States in July 1999, she became vice president of global process management and later expanded her role to include quality and customer satisfaction, global internet services and strategic transformation projects. She received a bachelor’s in economics from the University and a master’s degree in business administration from Boston College. She later graduated from Duke’s Fugua School of Business, sponsored by Ford Motor Co. for executives. She retired in 2007 and now has her own consulting business, Michalik Consulting LLC.

On March 19, students welcomed Patrick F. Annello, M.D.’99, who has served as the director of interventional pain management at St. Francis Hospital in Roslyn, N.Y., since 2008. Dr. Annello earned his undergraduate degree from Saint Peter’s and his medical degree from Loyola University Chicago-Stritch School of Medicine. Prior to his current role in healthcare, Dr. Annello held positions in the Department of Anesthesiology at New York Presbyterian-Weill Cornell Medical Center and Memorial Sloan-Kettering Cancer Center Hospital for Special Surgery in New York. He is involved in ongoing research in cancer and pain management.

On March 20, William Jacobi ’74, senior vice president and chief reinsurance claims officer for AIG Property Casualty Insurance Company, addressed the students. He has spent the past 24 years in various senior management positions within AIG’s claims department. AIG is the largest commercial insurer in the United States and one of the largest insurers in the world. Jacobi has extensive experience in numerous major complex litigation claims, including Agent Orange in the late 1970s and shareholder class action litigation against major U.S. companies in the 1990s. He has been involved in asbestos litigation for more than 30 years. From 1986 to 1989, Jacobi helped establish two private companies that were joint endeavors between insurance companies and asbestos products manufacturers. The companies were created to deal with the hundreds of thousands of individual asbestos personal injury claims throughout the U.S. Both the Asbestos Claims Facility and the Center for Claim Resolution provided opportunities for building an organization from the ground up. He received a bachelor’s in history from the University.

On March 21, a class discussion on the executive’s roles in risk management was held and facilitated by John Hampton, Ph.D., professor of graduate business at Saint Peter’s University.

Offered twice a year, the Executives-in-Residence program was developed by Hampton. He was the executive director of the Risk and Insurance Management Society (RIMS) from 2000 to 2004, and has been a principal in the Princeton Consulting Group since 1981. Hampton has worked on projects related to strategic planning, risk management and due diligence for diverse clients such as AT&T, The World Bank, Pacific Fruit and United Technologies. Interested in becoming an Executive in Residence? Contact Sharon Morrissey at (201) 761-6126 or