New York, N.Y. – Jerome H. (Jerry) Bailey, an executive with four decades of experience across the financial services industry, is the newest addition to NYIT's (New York Institute of Technology's) board of trustees. Bailey, who recently retired as an operational chief financial officer (CFO) at Citigroup, brings to the university extensive international experience and breadth of leadership expertise gained in a range of environments across both the public and private sectors.

"Jerry's broad C-suite experience and his passion for and accomplishments in re-engineering and technology development, human capital and cultural change, as well as strategic development, are exceptional complements to the board and will help make NYIT an even stronger, more distinguished university," said Kevin Silva, chair of NYIT's board of trustees.

Most recently, Bailey served as CFO of the Institutional Clients Group at Citigroup Inc., from August 2011 until his retirement in October 2014. Previously he was CFO and chief information officer of Equiniti Ltd., a U.K.-based provider of administrative, processing, and payment solutions. He has also served as chief operating officer and CFO of NYMEX (New York Mercantile Exchange); as CFO of Marsh, Inc.; as executive vice president and CFO at Dow Jones and as CFO at Salomon Inc. and Salomon Brothers. Bailey also serves on the board of DST Systems, a global provider of technology-based service solutions.

"As a leading global educational institution, NYIT brings a unique value proposition across the fields of technology, human capital development and healthcare, all of which are areas I bring deep passion for," said Bailey. "I'm thrilled to be joining the distinguished board of trustees and look forward to participating in NYIT's continued success."

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About NYIT

New York Institute of Technology (NYIT) offers 90 degree programs, including undergraduate, graduate, and professional degrees, in more than 50 fields of study, including architecture and design; arts and sciences; education; engineering and computing sciences; health professions; management; and osteopathic medicine. A non-profit independent, private institution of higher education, NYIT has more than 12,000 students attending campuses on Long Island and Manhattan, online, and at its global campuses. NYIT sponsors 11 NCAA Division II programs and one Division I team.

Led by President Edward Guiliano, NYIT is guided by its mission to provide career-oriented professional education, offer access to opportunity to all qualified students, and support applications-oriented research that benefits the larger world. To date, nearly 100,000 graduates have received degrees from NYIT. For more information, visit nyit.edu.

Elizabeth Sullivan
Director of Media Relations
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