Retired Partner of Goldman, Sachs and Co. Receives Honorary Degree – Hobart and William Smith Colleges \
The HWS Update

Retired Partner of Goldman, Sachs and Co. Receives Honorary Degree

L. Thomas Melly received the Doctor of Human Letters degree for his example of leadership and great affection for the Colleges.

July 18, 2002
GENEVA, N.Y.—In recognition of his achievements, L. Thomas Melly, of Greenwich, Conn., received the Doctor of Humane Letters degree from Hobart and William Smith Colleges this year. Melly was honored for his support of higher learning and his commitment to his alma mater since his graduation from Hobart in 1952.

Joined by 423 undergraduate students receiving their degrees in May, Melly’s accomplishments were highlighted in a short speech delivered by Charles H. Salisbury, Jr., chair of the Colleges’ board of trustees. “Your example of leadership and great affection for these Colleges is immeasurable,” Salisbury said. “Your dedication of time, talent, and treasure to the future success of these Colleges epitomizes your leadership.”

“You led the Colleges through a highly successful capital campaign,” Salisbury continued, “that ensured the fiscal viability of this institution. L. Thomas Melly, you are a man who has done what many in this world only aspire to do—you have made a difference in the world.” President Mark D. Gearan then bestowed upon Melly the honorary degree.

Melly's affection for higher education is evidenced by his support for Hobart and William Smith Colleges, serving as a member of the board of trustees since 1981 and as chairman of the board of trustees from 1988 to 1998. Melly also afforded additions to be made to the campus library and multimedia facilities at his former school and has led fund-raising campaigns to great success.

Melly served as a partner at Goldman, Sachs and Co., a leading global investment banking company, between 1968 and 1985, and as a limited partner thereafter. He is currently serving as a limited partner at BCRS Associates LLC in New York City and as a member of the National Association of Governing Boards of Universities and Colleges. Melly has also been active as the former chairman of the board of Family Centers, Inc.

The 2002 Commencement marks the 177th Commencement for Hobart College and the 91st Commencement for William Smith College. The Colleges are coordinate, private, liberal arts institutions located in Geneva, N.Y., and are noted for an ambitious emphasis on international study, and for their programs in community service. Hobart College for men and William Smith College for women share faculty, facilities, and curriculum, but maintain separate dean’s offices, athletic programs, student governments, and traditions.