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Press Release: DeSales University's Board of Trustees Names Three New Members
Date: 9/12/2006

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DeSales University's Board of Trustees Names Three New Members

DeSales University's Board of Trustees has named three new members. They include: Madelyn Azar, principal with the Vanguard Group of Investment Companies, Valley Forge, Pa.; Richard A. Spugnardi, president of Diversified Lighting Associates, Allentown, Pa.; and William J. Straccia, III, president of Electro-Space Fabricators, Inc., Topton, Pa. Their appointments, effective May 2006, were announced by Father Bernard O'Connor, OSFS, president of DeSales. Azar, Spugnardi and Straccia will serve three-year terms ending May 2009.

Azar has been with Vanguard for 23 years and has served in various capacities, including key roles in operation, information technology, and human resources. Currently, she is a compliance officer in the corporate compliance department. She earned a bachelor's degree in accounting from DeSales in 1982, and an MBA in finance from St. Joseph's University in 1992. Azar resides in Royersford with her husband, JP, and four children.

Spugnardi joined Hubbell Inc. in Bridgeport, Conn., after graduating from college. Later, he was assigned to Allentown, then Chicago and Blacksurg, Va., before returning to Allentown in 1978 as a lighting representative with Diversified Lighting Associates. In 1987, he became president of the company. He earned a bachelor's degree in marketing from Nichols College in Dudley, Mass., in 1964. Spugnardi and his wife, Penny, reside in Center Valley. They have two children and three grandchildren.

Straccia was a tax specialist with Peat, Marwick, Mitchell & Co., New York, and served as a certified public accountant in New York and Pennsylvania, prior to assuming his role as president of Electro-Space Fabricators, Inc. He earned a bachelor's degree in business administration from the University of Notre Dame in 1980. Straccia and his wife, Connie, reside in Allentown, Pa., and have three children.

Chairman of DeSales University's Board of Trustees is Timothy E. Nolan, senior vice president of Coventry Health Care, Inc., Wilmington, Del. Nolan, a resident of Newtown, Pa., and a graduate of DeSales, has served since July 2005.

Press Release: DeSales University's Board of Trustees Names Three New Members | Posted on: 9/12/2006

For more info:
Tom McNamara, Executive D
irector of Communications
DeSales University | 2255 Station Avenue | Center Valley, PA 18034

610.282.1100 x1219 | Tom.McNamara@desales.edu

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