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October 21st, 1998
Board Of Trustees Elects Four New Members

At its annual meeting on October 22, 1998, the Board of Trustees of the Philadelphia Museum of Art elected four new members. Joining as trustees are Betsy Z. Cohen, Anthony P. Terracciano, Dr. Margaret C. Wang, and Dr. John T. Williams. Raymond C. Perelman, Chairman of the Board, stated "We are delighted to welcome these distinguished individuals to our board. The Museum has experienced remarkable growth over the past decade, and stands at the threshold of an ambitious future. We welcome the diversity of personal and professional strengths brought to us by our new trustees, and will benefit from their dedication and enthusiasm for Philadelphia and for this Museum."

Betsy Z. Cohen is the Chairman and Chief Executive Officer of JeffBanks, Inc., and its wholly owned subsidiaries, Jefferson Bank (Philadelphia), Jefferson Bank New Jersey (Mount Laurel), and Resource Asset Investment Trust. A leader in business and community endeavors, Ms. Cohen was named a "Leading Woman Entrepreneur of the World" in 1997 by the National Forum of Women Business Owners, and serves as a trustee of Bryn Mawr College (of which she is a graduate), the Jewish Theological Seminary, WHYY, and the American Music Theatre Festival. At the Philadelphia Museum of Art, Ms. Cohen serves as Chairman of the Executive Board of the Corporate Partners, and is a member (with her husband Ed) of the Museum's Chairman's Council.

Margaret C. Wang is Director of the Temple University Center for Research in Human Development and Education, and a Professor of Educational Psychology with Temple University's College of Education. She also serves as Director of the National Center on Education in the Inner Cities, and Executive Director of the Mid-Atlantic Laboratory for Student Success. Dr. Wang was born in Chong Qing, China, and began her passionate engagement with education as a public school teacher in Camden, New Jersey. She was elected to the International Academy of Education in 1997, and is a much-published author in her field.

A native of Bayonne, New Jersey, Anthony P. Terracciano was named Vice Chairman of the American Water Works Company, Inc., in 1998. He retired in 1997 from First Union Corporation, where he had been named President following the company's merger with First Fidelity Bancorporation, for which he had served as Chairman, President and CEO since 1990. Before joining First Fidelity, he was President and Chief Operating Officer of Mellon Bank Corporation, Pittsburgh. He serves on the board of directors of the New York Philharmonic and The Pitcairn Company, and is a member of the Council on Foreign Relations. Mr. Terracciano has long been deeply committed to the arts and education, and teaches a course in "Management and Literature" at Monmouth University, New Jersey.

John T. Williams, M.D., a native of Philadelphia, received his medical training at Howard University College of Medicine, and has been an attending physician in orthopedics with Albert Einstein Medical Center since 1969. He is also affiliated with Rolling Hill Hospital, Norristown State Hospital, Valley Forge Medical Center, and is a Clinical Assistant Professor with Temple School of Medicine. Avid collectors with particularly strong interests in African American art, Dr. Williams and his wife Myrtle, who is an artist, are longstanding members and supporters of the Museum.

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