Edward (Ted) Fernberger, Jr., Senior Vice President and Investment Director of Advest, Inc., Jenkintown, PA, was elected to the Board of Trustees of the Philadelphia Museum of Art on October 21, 1999. Raymond C. Perelman, Chairman of the Board, said, "Ted has long been a generous and enthusiastic supporter of the Museum. As a member of our Chairman's Council and Co-Chair of the Museum Associates, he has been very helpful in broadening the Museum's support base. We thank Ted for further extending his considerable energies and commitment to this great institution as it welcomes the next century and anticipates its 125th anniversary in the year 2001."
A graduate of the Wharton School at the University of Pennsylvania, Mr. Fernberger joined the financial-services firm Advest, Inc., in 1972, and currently serves on its board of directors. From 1994 to 1997, he was Co-Chairman of the Museum's Associates Advisory Council, and an Ex-Officio member of the Board of Trustees. Mr. Fernberger and his wife reside in Bucks County. They are the parents of two daughters and are knowledgeable collectors of American art.
Also on October 22, Ragan A. Henry and William M. Hollis, Jr., were named Vice Chairmen of the Museum's Board of Trustees. A graduate of Harvard University and its Law School, Mr. Henry is Chairman of MediaCom National, Inc., a Philadelphia-based radio broadcasting company. He and his wife, Regina, recently launched Philadelphia Black Network, a showcase for African American art and history. Mr. Henry was inducted to the National Broadcasters Hall of Fame in 1991 and, in 1981, was named "Outstanding Broadcaster of the Year" by the National Association of Black Owned Broadcasters. He is a Director of Elderhostel, Inc., serves on the boards of Syracuse University, and WHYY TV and Radio, and is Vice Chairman of the eagerly awaited National Liberty Museum, which will open in Philadelphia next year. Mr. Henry has been a Trustee of the Philadelphia Museum of Art since 1992, and is a member of the Museum's Development Committee.
Mr. Hollis, a published poet, is a graduate of Washington & Lee University, l'Université Libre de Bruxelles, and Princeton University, where he completed graduate studies in English literature. He serves on the boards of the Peggy Guggenheim Collection in Venice, and the Philadelphia Chamber Music Society. Mr. Hollis joined the Museum's Board of Trustees in 1993, and is a member of the Committee on East Asian Art. An enthusiast of Asian painting, calligraphy and ceramics, he has enabled the Museum to acquire important works of art in those fields.