Doctor of Commercial Science
May 25, 2005
As one of the country’s most prominent women in banking and finance, and as an outspoken advocate for women in business, you, Heidi Miller, exemplify not only what it means to be a woman of power but also a person of power.
You received your undergraduate degree in history from Princeton and your doctorate in history from Yale. You began your business career in 1979, working at Chemical Bank in Latin America and eventually rising to managing director. You moved to Travelers Group in 1992 and were appointed chief financial officer (CFO) and executive vice president. When Travelers Group merged with Citicorp in 1998, you were appointed the executive vice president and the CFO of the new Citigroup, which at the time was the largest financial institution in the world. Remaining in that position until 2000, when you became chief financial officer and head of strategic planning of Priceline.com, you then became vice chairman of Marsh, Inc., in 2001 and soon after chief financial officer at Bank One Corporation. And when Bank One merged with JPMorgan Chase last year, you became chief executive officer of JPMorgan Chase & Co.’s treasury and securities services unit, a $6 billion business.
And yet, while you excelled in the corporate world, you did not forget the many others who are striving to break through the glass ceiling. You, Heidi Miller, once wisely told a group of students, “There is no right way to be a working woman. You should do what feels comfortable to you.” In 2001, you helped plan the White House Project’s Women’s Leadership Summit, which brought together participants from an array of fields to help create a new blueprint to advance women’s leadership issues. And in 2003, you sponsored a program that led Bank One to provide seed funding that helped create the Executive Leadership Institute of Women of Color, under the direction of Ella Bell of the Tuck School of Business.
For your many professional accomplishments, and for your advocacy of women in business, Pace University is honored to confer upon you the degree of Doctor of Commercial Science, honoris causa, with all the rights and privileges pertaining thereunto.
Aniello A. Bianco '61
Chairman, Board of Trustees
David A. Caputo
President, Pace University