April/May 2017 header

Paul Schmidt to Be Honored at 28th Charter Day, PINNACLE Society to Induct Five

Fairleigh Dickinson University will hold its 28th Annual Charter Day on Friday, June 9, 2017, at the Florham Campus. This year’s celebration will honor alumnus Paul Schmidt, BS’59 (Metro), president and chairman of Clinton Realty. The Charter Day reception will begin at 7 p.m., followed by dinner at 8 p.m. The PINNACLE Awards for alumni will be presented earlier that evening at 5:30 p.m.

Charter Day honors individuals who have distinguished themselves as outstanding leaders in their professions and their communities. Proceeds from this event support academic scholarships for undergraduate students at Fairleigh Dickinson. Since 1990, Charter Day activities have raised more than $9.5 million toward scholarships for motivated students. Charter Day Scholars are students who exhibit significant leadership on campus and in the larger community, who maintain the highest academic standards and who show a personal commitment to developing the same leadership qualities Charter Day honorees have shown.

Paul Schmidt

A native of New Jersey, Paul Schmidt is a graduate of Teaneck High School, where he was an outstanding athlete, excelling in both baseball and basketball. He was recruited by several professional baseball teams, but on the advice of his mother, he decided to earn his college degree first.

Paul Schmidt - Charter Day Honoree
Paul Schmidt

Schmidt attended Muhlenberg College for one year before transferring to Fairleigh Dickinson University, from which he graduated in 1959 with a BS in business management. Throughout his education, Schmidt worked full-time during the day, while attending classes during the evening. In 1999, he received The PINNACLE Award from Fairleigh Dickinson University, one of the highest awards the University can bestow upon its alumni.

After graduation, Schmidt chose to go into business rather than baseball. He worked for a small residential brokerage firm in Hudson County selling homes. During that period, he amassed enough capital to purchase an apartment building. From that one apartment building, Schmidt was able to grow his real-estate company to include a wide array of properties throughout the country.

In addition to his professional life, Schmidt has served on the boards of Hackensack University Medical Center and National Community Bank, as well as a number of local charities including the Boy Scouts and Girl Scouts.

PINNACLE Induction

The FDU PINNACLE Society will recognize the contributions and achievements of five distinguished alumni at a ceremony preceding the Charter Day reception and dinner.

PINNACLE Inductees
From left are Catherine (Kate) Buggeln, BA’83 (Ruth); Patrick Cozza, MBA’82 (Flor); Thomas Dinsmore, MA’80 (Flor); Thanu Kulachol, MBA’72 (Metro); and Arthur Sukel, MBA’67 (Metro).

This year’s PINNACLE honorees are: Catherine (Kate) Buggeln, BA’83 (Ruth), senior adviser, Irving Place Capital; Patrick Cozza, MBA’82 (Flor), chief executive officer, North America Insurance, and senior executive vice president, retail banking and wealth management, HSBC (retired); Thomas Dinsmore, MA’80 (Flor), portfolio manager, Gabelli Funds LLC; Thanu Kulachol, MBA’72 (Metro), president emeritus, Bangkok University; and Arthur Sukel, MBA’67 (Metro), senior vice president finance and CFO, Diamandis Communications Inc. (retired).

The annual class of The PINNACLE is chosen by past inductees based on the following criteria: success or distinction in one’s chosen field of endeavor, significant contributions to society and humanity through public or humanitarian service and outstanding service to the University or reflection of the unique character of FDU in one’s life.

For more information and to register for Charter Day, contact Laura Reynolds, director of special events, University advancement (Metro), at 201-692- 7036, email laura_reynolds@fdu.edu or go to http://www.myfdu.net/charterday17.