Manhattan College Names Kenneth Rathgeber Chairman of the Board of Trustees

Kenneth A. Rathgeber, executive vice president and chief compliance officer for the Investment Adviser and Fidelity Mutual Funds for Fidelity Investments, has been named chairman of the board of trustees of Manhattan College.

Kenneth A. Rathgeber, executive vice president and chief compliance officer for the Investment Adviser and Fidelity Mutual Funds for Fidelity Investments, has been named chairman of the board of trustees of Manhattan College. The new appointment will take effect July 1, 2012, and Rathgeber will succeed Thomas D. O’Malley, who has served as chairman since 2005.

“Ken Rathgeber has a remarkable record of commitment and service to the College, and has long been an active and valued member of the board. He will be a wonderful chairman and a worthy successor to Tom O’Malley, under whose expert leadership the board has prospered,” said Brennan O’Donnell, Ph.D., president of Manhattan College. 

Rathgeber graduated from Manhattan College in 1970 with a bachelor’s degree in business administration, and throughout his career, has remained dedicated to his alma mater. Since his appointment to the College’s board of trustees in 2005, he has been a member of the development committee, was elected to the board’s executive committee in June 2007, and is currently serving as vice chair of the board. In addition, he served as a chair of the College’s Annual Fund, has been a member of the De La Salle Medal Dinner committee for several years, and is presently co-chair of the Raymond W. Kelly ’63 Student Commons capital campaign project.

“Ken Rathgeber is an excellent choice to lead the board at this exciting time in Manhattan College’s history,” said Thomas D. O’Malley, chairman of PBF Energy LLC. “He is a respected professional, a seasoned and talented leader, and a strong and dedicated supporter of the College. I am leaving the board in very good hands, and I look forward to assisting Ken and my colleagues in carrying forward the great work of the College.”

Beginning his career with Fidelity in 1995 as chief financial officer and treasurer of Fidelity Mutual Funds, Rathgeber later became acting president of Fidelity Brokerage Services. He was named president of Fidelity Brokerage Group in 1997, and was promoted in 1998 to executive vice president and chief operating officer for Fidelity Investments Institutional Services Company, Inc. He was the head of risk oversight from 2002-2008 and has maintained the position of chief compliance officer for Fidelity Funds since 2004.

Before working for Fidelity, Rathgeber spent 17 years with Goldman Sachs as chief operations officer for Asia, responsible for the operations, technology and finance functions. He was also a finance manager for Dillon Read & Company, a senior examiner for the New York Stock Exchange, and an auditor for Price Waterhouse & Company.

“It is a great honor for me to serve as chairman of the board of Manhattan College. I have worked closely with Tom O’Malley, who has been a great chairman and mentor for the last six years,” said Rathgeber. “Along with my fellow trustees, I am dedicated to seeing Manhattan College be a premier Catholic institution of higher education, and preparing our students to succeed in the challenges that they will face.”

After graduating from Manhattan College, Rathgeber went on to receive an MBA from Long Island University in 1976. He is also a Certified Public Accountant in the state of New York.