de Cordova pledges $3.5 million to HWS – Hobart and William Smith Colleges \
The HWS Update

de Cordova pledges $3.5 million to HWS

HWS President Mark D. Gearan recently announced that Arthur E. de Cordova ’56 of Nokomis, Fla., has committed a gift of $3.5 million to the Colleges current capital campaign.

To honor Mr. de Cordova’s extraordinary generosity, Gearan said the Colleges will name one of its newly constructed residence halls “deCordova Hall.” The residence hall currently known as South Hall will be officially dedicated during Reunion in June 2006, with Mr. de Cordova returning for his 50th Reunion.

“Art has been a loyal and steadfast supporter of his alma mater and has continued to practice his closely held values of good citizenship and public service. He is a dedicated supporter and volunteer at the Special Olympics, where he has a powerful impact on the lives of young people every year.

“Art de Cordova stands as a model of an engaged citizen for our students,” Gearan said.

During his undergraduate years, while earning a degree in psychology, de Cordova served as secretary and then president of the Phi Sigma Kappa fraternity, and was a member of the Interfraternity Council, Canterbury Club and the Corinthian Yacht Club. He also participated in Air Force ROTC. After graduating, he spent three years with the Air Force, mostly in Alaska, rising to the rank of captain.

Following his discharge, he began working on Wall Street at de Cordova, Cooper and Co., where he was part of the fourth generation of the family to work at the firm founded in 1876. His visionary business sense helped the company become an industry leader specializing in IBM and other top stocks. He soon became a prominent member of the New York Stock Exchange, was named a floor official, and was an officer of the NY Stock Exchange Club.

When de Cordova retired as a senior partner from his firm in 1990, he left behind an impressive 29-year legacy on Wall Street. His decades of experience continue to serve him well, and de Cordova currently sits on the advisory committee of the Exchange Members Association.

At the May 2005 commencement ceremonies, de Cordova was one of four people to receive an honorary Doctor of Humane Letters degree from the Colleges.

A story on the gift appeared in the Feb. 1 edition of the Finger Lakes Times. Read Hobart alumnus donates $3.5 million to Colleges.

A story also appeared in the Feb. 1 edition of the Democrat and Chronicle of Rochester. Read School dorm gets new name.