PHILADELPHIA, Aug. 11, 2015 /PRNewswire/ -- La Salle University Trustee and School of Business alumnus Stephen T. Zarrilli was recently named Chair of the University's Board of Trustees. A La Salle Trustee since 2012, Zarrilli serves as President and Chief Executive Officer of publicly traded Safeguard Scientifics, Inc., a growth capital provider headquartered in Wayne, Pa.
Zarrilli succeeds William R. Sautter, La Salle School of Business alumnus and President and Chief Executive Officer of Elliott-Lewis Corporation, who served as Board Chair for nine years.
"This is an important time in La Salle's history and in the rapidly changing higher education industry," Sautter said. "Steve brings many strengths to his role as Chair of La Salle's Board of Trustees. Among those strengths are keen business acumen, a deep respect for the mission and values of the Christian Brothers, and a commitment to advancing the University."
Zarrilli will work closely with newly appointed President Colleen M. Hanycz, Ph.D., who formerly served as Principal (a Canadian equivalent of President) at Brescia University College in London, Ontario, Canada. Both the new President and new Chair began their terms on July 1.
Zarrilli has built a career spanning 30 years in executive strategic, financial, and operational roles. He has held various positions as chief financial officer and chief executive officer of public and private companies, demonstrating the ability to successfully grow and manage a diverse selection of enterprises. He also contributes a substantial amount of time serving on a variety of community-based nonprofit boards. He is the Chairman of Ben Franklin Technology Partners/SEP and serves on the boards of the University City Science Center, the Philadelphia Chapter of the National Association of Corporate Directors (NACD), and the Greater Philadelphia Chamber of Commerce. He is the past Chairman of the Advisory Board of the Arts & Business Council for Greater Philadelphia and the past Philadelphia Regional Chairman/State Board Member for Economics Pennsylvania. He is also currently a director of Virtus Investment Partners, Inc., a publicly traded investment management company.
Zarrilli has been very engaged with the University as a Trustee and an alumnus. He was directly involved in launching La Salle University's Center for Entrepreneurship in 2010, and has been recognized by La Salle three separate times with the University's E-Vision Award (2001), the Accounting Department's Michael A. DeAngelis Award (2009), and the Business School's honorary admission to its Beta Gamma Sigma Chapter (2010).
Zarrilli also serves as an Advisory Board member of the Corporate Governance Council of Drexel University's LeBow School of Business and as a member of the Advisory Board for Executive Education at the Wharton School of the University of Pennsylvania.
A former Certified Public Accountant, Zarrilli graduated from La Salle University in 1983 with an accounting degree and is a frequent lecturer on corporate governance, financial management, organizational, and capital development matters. He also completed the Advanced Management Program at the Wharton School of the University of Pennsylvania in 2010.
Zarrilli and his wife, Carol, also a member of La Salle's Class of 1983, have three children.
La Salle University was established in 1863 through the legacy of St. John Baptist de La Salle and the Christian Brothers teaching order, which St. La Salle founded in 1680. La Salle is an educational community shaped by traditional Catholic and Lasallian values. In a national survey, Money magazine ranked La Salle as a top five college in the Philadelphia region for educational quality, affordability, and alumni earnings, and cited the University as a "Value All-Star." Globally, the Lasallian educational network includes 1,000 schools (60 of which are institutions of higher education) serving 940,000 students in 80 countries.
Contact: Jon Caroulis
SOURCE La Salle University