College To Recognize Alumnus and Chairman of the Board of Trustees With Honorary Degree
Manhattan College will honor Thomas D. O’Malley ’63, executive chairman of PBF Energy Company LLC, with a Doctor of Humane Letters at the College’s 170th Commencement ceremony on Sunday, May 20 at 1 p.m.
Manhattan College will honor Thomas D. O’Malley ’63, executive chairman of PBF Energy Company LLC, with a Doctor of Humane Letters at the College’s 170th Commencement ceremony on Sunday, May 20 at 1 p.m. O’Malley has served as chairman of Manhattan’s board of trustees for the past seven years, and has maintained a commitment to supporting the College’s mission since he graduated.
During the ceremony, the College will also award keynote speaker Cardinal Timothy M. Dolan with a doctorate degree, and more than 700 undergraduates with degrees in some 40 major fields of studies from its five schools in arts, business, education, engineering and science.
O’Malley has achieved business success as an internationally renowned commodities trader and leader in the oil industry since graduating from Manhattan College in 1963.
Prior to taking on his present position, O’Malley acted as the CEO or chairman of the following companies: Tosco Corporation, Premcor and Petroplus, all of which were involved in the oil refining business.
O’Malley’s career launched after serving in the Army Reserve with a position in the mailroom at Philipp Brothers, and he quickly moved into a trading position. He soon advanced to directing the company’s energy business, and this position resulted in his continued growth. When Philipp Brothers merged with the investment-banking firm Salomon in 1981, he subsequently became the vice chairman and CEO of Salomon Brothers.
With his nearly 50-year professional career, O’Malley has remained dedicated to service through involvement on the boards of many educational and charitable organizations. He also served on the boards of the National Petroleum Council, the Listed Company Advisory Board of the New York Stock Exchange, Lowe’s Companies, PetSmart Inc. and Phillips Petroleum. He is currently on the board and is a member of the executive committee of the AFPM (American Fuel and Petrochemical Manufacturers).
To honor O’Malley’s continuous commitment to Manhattan College, the College renamed the recently renovated library, the Mary Alice and Tom O’Malley Library. He received the De La Salle Medal in 1994 at the annual dinner and was dinner chair of the 2011 event. The event is the College’s largest fundraising event and honors an executive who exemplifies the principles of excellence and corporate leadership.