UpDate - Vol. 11, No. 6, Page 7
October 10, 1991
B&E presents alumni awards

     The College of Business and Economics' Alumni Association
celebrated Homecoming Saturday by recognizing four successful
Delaware graduates: including U.S. Rep. Thomas R. Carper, Delaware
'75, Calvert A. Morgan Jr., Delaware '70, Janet C. Rzewnicki,
Delaware '78, and Paul C. Seitz, Delaware '71.
     In a ceremony held in Clayton Hall, the director of the
College of Business and Economics' Alumni Association, Robert P.
McNutt, Delaware '69, presented the Alumni Association's first
Alumni Awards of Excellence.
     "This year, we are recognizing four very distinguished
alumni," McNutt said, "and it wasn't easy to select just four
alumni. Congressman Carper, Cal Morgan, Janet Rzewnicki and Paul
Seitz have each exhibited excellence in their careers and personal
achievements."
     Carper, who received a master's degree in business
administration from the University, is currently serving his fifth
term in the U.S. House of Representatives. Before becoming
Delaware's representative, he served three terms as treasurer for
the state of Delaware. He did not attend the awards ceremony but
joined the association's gathering at a reception behind Delaware
Field House before the football game.
     Carper later said he came to the University because of the
strength of the College of Business and Economics. "Much of any
success I have enjoyed in my life can be attributed directly to the
lessons I learned from my professors at the College of Business and
Economics."
     Morgan, who is chairman, president and chief executive officer
of Bank of Delaware, said he has a very fond remembrance of his
years at the University. "Delaware prepared me well for my years in
banking," he said.
     Morgan graduated with honors from the University in 1970, with
a bachelor's degree in business administration. He began at Bank of
Delaware as a management trainee soon thereafter and became the
bank's president in 1987.
     Rzewnicki, who was unable to attend the ceremony, is in her
third term as state treasurer. In 1978, she graduated with
distinction from Delaware, where she majored in accounting and
finance. Her husband, Victor, accepted the award Saturday on her
behalf.
     Seitz, a 1971 accounting graduate of the University, is
partner-in-charge of the Wilmington office of Price Waterhouse Inc.
He joined the firm in 1972 and became a partner in 1986. He is a
past president of the University of Delaware's Alumni Association.
     At the awards ceremony, Andrew B. Kirkpatrick, chairman of the
University's Board of Trustees, said there is one indispensible
element to excellence: participation.
     "The one requirement for excellence is that you have to be a
doer, a player," Kirkpatrick said. "As Theodore Roosevelt said in
a speech at the Sorbonne, in Paris, you have to be in the arena.
These people are very much in the center of the arena."
                                        - Stephen Steenkamer