Scenic Hudson Names New Board Members

Friday, December 18, 2009 -- Scenic Hudson

HUDSON VALLEY -- Scenic Hudson has named two investment professionals and a professor of international economic law to its board of directors. It also has named a fine art dealer and a lawyer to the board of directors for its land trust. These experienced experts will help Scenic Hudson create environmentally and economically vibrant Hudson Riverfront communities.

Frank Martucci of Irvington, Westchester County, and Ancramdale, Columbia County -- Scenic Hudson Board of Directors

Mr. Martucci is president of Millcross Fund Management, Inc., a private investment company. A former senior managing director at Bear Sterns and Co., he has been actively involved with the Metropolitan Museum of Art, the Sterling and Francine Clark Art Institute and the Montclair Art Museum. Mr. Martucci also has served on the national board of the Smithsonian Institution, the National Academy of Design, the Montclair Art Museum and William Penn College, his alma mater. He is the former chair of the Archives of American Art, Smithsonian Institution.

With his wife, Katherine, Mr. Martucci is a collector of 19th-century American art. They have had a long and deep interest in the work of George Inness, a renowned artist of the Hudson River School who is often cited as the "father of American landscape painting." Financial support from the Martuccis, who live in Irvington, Westchester County, and have a farm in Ancramdale, Columbia County, created the George Inness Gallery at the Montclair Art Museum, the Frank and Katherine Martucci Endowment for the Arts, and a major catalogue raisonné of George Inness by Michael Quick.

Mr. Martucci served previously as a Scenic Hudson board member and was a leader of the group's campaign to defeat a massive, coal-burning cement plant proposed for Columbia County. In accordance with a term-limit policy, he rotated off the board before being eligible to serve again. In addition, he is a member of the Scenic Hudson Land Trust Board of Directors.

"Having someone of Frank Martucci's business acumen and passion for the valley's unique beauty as a board member adds great strength to Scenic Hudson's work. A believer in the powerful intersection of spirituality and the environment, he brings a keen perspective to our work to preserve the valley's iconic landscapes and create parks that connect people in unique ways to the region's inspiring beauty," said Mr. Sullivan.

Merit E. Janow of West Park, Ulster County, and NYC -- Scenic Hudson Board of Directors

A professor and director of the International Finance and Economic Policy Program at Columbia University's School of International and Public Affairs (SIPA), Ms. Janow teaches graduate classes in international economic law and trade policy at SIPA and courses in international trade law and comparative antitrust law at Columbia Law School. She has served as the first female member of the World Trade Organization's Appellate Body and is the author of several books and numerous research articles.

During the last decade, Ms. Janow has served on the boards of several corporations and nonprofits. She recently was made a charter member of the International Advisory Council of the China Investment Corporation, China's sovereign wealth fund. From 1997 to 2000, she served as the executive director of the first international antitrust advisory committee to the attorney general and assistant attorney general of the Antitrust Division, U.S. Department of Justice. Ms. Janow's professional experience includes serving as deputy assistant U.S. trade representative. A former member of a U.S. think tank in which her specialty was international trade policy, she lived for 15 years in Japan. Her law degree is from Columbia Law School, and her bachelor's degree in Asian Studies is from the University of Michigan, Ann Arbor. She and her husband, Peter Young, reside in New York City and West Park, Ulster County.

"Merit Janow has a strong connection with the Hudson River and enthusiasm for Scenic Hudson's mission of saving land and creating public parks. Her experience as an educator and her deep understanding of other cultures will help us in outreach to engage more people in experiencing and appreciating the valley's unique resources. Her understanding of investments and business issues will also help Scenic Hudson raise awareness of how land preservation and parks powerfully contribute to economic prosperity," said Mr. Sullivan.

David K.A. Mordecai of Garrison, Putnam County, and NYC -- Scenic Hudson Board of Directors

A senior advisor at the economic consulting firm Compass Lexecon, Dr. Mordecai focuses on corporate governance, damages, public policy, risk management, securities and valuation. He is the founder of Risk Economics Limited, a firm specializing in the development and implementation of structured credit arbitrage and asset liability management solutions.

Dr. Mordecai has served as an advisor to the Federal Reserve, the International Monetary Fund, the Commodities and Futures Trading Commission, and the International Organization of Securities Commissions as well as the World Economic Forum, the National Academy of Sciences, and the Office of the Directorate of National Intelligence. A former member of the Investment Advisory Committee of the New York Mercantile Exchange, he is an active member of several economics organizations and was founding editor in chief of The Journal of Risk Finance. He earned his doctorate in financial economics from the University of Chicago Booth School of Business. He holds an M.B.A. in finance from the NYU Stern School of Business.

With his wife, Samantha Kappagoda, Dr. Mordecai resides in New York City and Garrison, Putnam County. He serves on the boards of the Hudson Highlands Land Trust and Hudsonia.

"The combination of David Mordecai's commitment to land preservation and deep understanding of economics and business operations will serve Scenic Hudson well. His experience in saving land for community benefit in the Hudson Highlands is important as Scenic Hudson has a major campaign underway to preserve 65,000 acres up and down the Hudson—our effort with allies to Save the Land That Matters Most," said Mr. Sullivan.

William M. Evarts, Jr. of Garrison, Putnam County, and NYC -- Scenic Hudson Land Trust Board of Directors

Mr. Evarts is a retired partner with the law firm Pillsbury Winthrop Shaw Pittman. During his distinguished legal career, he focused on mergers and acquisitions, public and private financing, and matters involving the Securities Act of 1933 and the Securities Exchange Act of 1934.

A graduate of Harvard College and Harvard Law School, he resides with his wife, Helen, in Garrison, Putnam County, and New York City. A longtime champion of the valley, its beauty and history, Mr. Evarts has been an avid hiker. He has served as a board member of the Trust for Public Land and the National Audubon Society. Active for many years in efforts to preserve land for public enjoyment in the Hudson Highlands, recently he and Mrs. Evarts donated a portion of their property in Garrison to be added to Hudson Highlands State Park.

His current board affiliations include serving as a trustee emeritus of the New York State board of The Nature Conservancy and as a board member with the Hudson Highlands Land Trust. Mr. Evarts served previously as a Scenic Hudson Land Trust board member and in accordance with a term-limit policy rotated off the board before being eligible to serve again. He also has served as a member of Scenic Hudson's Board of Directors.

"Bill Evarts brings equal measures of intelligence and passion to Scenic Hudson. He is concerned about sprawling development and seeking a balance between growth and land preservation to safeguard the region's scenic beauty. He will be an enormous asset to Scenic Hudson as we work to steer future development into the valley's city and town centers, conserving the forests and fields surrounding them," said Mr. Sullivan.

Wheelock Whitney III of Rhinebeck, Dutchess County -- Scenic Hudson Land Trust Board of Directors

An art historian, fine art dealer and collector, Mr. Whitney is the author of Gericault in Italy (Yale University Press, 1997), a meticulous study of a transformative year in the career of the important early 19th-century French artist. In 2003 Mr. Whitney made a promised gift of 56 notable 19th-century European paintings to the Metropolitan Museum of Art.

Mr. Whitney, a resident of Rhinebeck, Dutchess County, served for nine years as a member of the Scenic Hudson Board of Directors before moving overseas in 2003. During his tenure on the board, he was particularly involved in Scenic Hudson's opposition to the St. Lawrence Cement plant proposed for Columbia County. He also was a staunch advocate for a safe and effective cleanup of PCBs in the Hudson River, a cause Scenic Hudson has pursued for more than two decades.

"An art historian and writer with far-reaching experience, Lock Whitney has as a strong interest in historic preservation and ecological restoration. A passionate advocate for the valley's scenic grandeur, he also brings to our board an interest in enhancing our work to protect working farms and enhance agriculture's contribution to the regional economy," said Mr. Sullivan.