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Business Leader and Philanthropist Alphonse Buddy Fletcher Jr. Will Speak at Clarkson University Commencement May 14

[A photograph for media use is available at]

The degree was awarded to Fletcher in recognition of his philanthropy to many causes including a $50 million initiative which awards fellowships to scholars, writers and artists working on civil rights issues that further the broad goals of the landmark Brown v. Board of Education, a Supreme Court ruling passed 50 years ago. He was also honored for his environmental efforts and support of education. Fletcher also addressed the more than 700 Clarkson students being granted bachelor's, master's and doctoral degrees. Buddy Fletcher Jr.

Fletcher told the class of 2006 'Today you get a new mother, an alma mater' and as With your own mother learn to appreciate that embrace that will never stop. I would encourage you all to keep close to your school and follow in the tradition of philanthropy and family which I have seen stressed so emphatically today. I am honored to be included in the Clarkson Alumni family.

Fletcher earned a bachelor's degree in Applied Mathematics from Harvard University and a master's degree in Environmental Management from the Yale School of Forestry and Environmental Studies. He founded Fletcher Asset Management Inc. in 1991. Fletcher has a long-standing interest in community service and philanthropy.

A variety of projects, including forest de-fragmentation, the creation of urban parks, wetlands restoration, coastal ecology studies, and the preservation of historic architecture, have benefited from Fletcher's involvement and generosity. As a strong supporter of education, he has donated over 1,000 copies of Microsoft's Encarta Africana software to public elementary, middle and high schools in New York City and surrounding areas. He has arranged for students from New York City and Connecticut to visit a company-sponsored exhibition at the Metropolitan Museum of Art titled African American Artists, 1929-1945: Prints, Drawings and Paintings, as well as a related exhibit at the Studio Museum in Harlem.

Clarkson University, located in Potsdam, New York, is a private, nationally ranked University with a reputation for developing innovative leaders in engineering, business, the sciences, health sciences and the humanities. At Clarkson, 3,000 high-ability students excel in an environment where learning is not only positive, friendly and supportive but spans the boundaries of traditional disciplines and knowledge. Faculty achieves international recognition for their research and scholarship and connects students to their leadership potential in the marketplace through dynamic, real-world problem solving.

PHOTO CAPTION: Philanthropist and Business Leader Alphonse Fletcher Jr., chairman and chief executive officer of Fletcher Asset Management Inc., will receive an honorary degree from Clarkson University Sunday, May 14.

[News directors and editors: For more information, contact Annie Harrison, Director of Media Relations, at 315-268-6764 or]

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