McDaniel elects two new members to board of trustees

McDaniel College has named two new members to its board of trustees.

Richard W. Palmer of Baltimore retired in 2011 from his career in investment management. He was portfolio manager and vice president at T. Rowe Price from 1969-1989 before serving as vice president and partner at Alex Brown Investment Management and partner at Brown Advisory (after its purchase of Alex Brown Investment Management in 2008). He spent nearly two decades investing a portion of McDaniel’s endowment during his tenure at Alex Brown Investment Management and Brown Advisory, and he and his wife, Susan, established a scholarship at McDaniel in 2008 that annually awards support to a deserving student from Baltimore City.

Palmer has served on the board and as vice chairman of the former Lutheran Hospital in Baltimore. In 2011, he was elected to the advisory board of the National Museum of Racing and Hall of Fame in Saratoga Springs, N.Y. He earned a bachelor’s degree in Economics at Colgate University in New York.

Alex Koundourakis of Manhasset, N.Y., is a partner and head trader at Gracie where he works with Gracie’s flagship funds, the Gracie Credit Opportunities. He was previously a managing director, founding member and execution trader at Calyon/CLCM, vice president for integrated credit sales at Merrill Lynch and senior broker and global head of the credit derivative business at Cantor Fitzgerald. He received a bachelor’s degree in political science in 1993 from McDaniel (formerly Western Maryland) College.

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McDaniel College, recognized nationally among 40 Colleges that Change Lives and U.S. News top-tier liberal arts colleges, is a four-year private college of the liberal arts and sciences offering more than 60 undergraduate programs of study, including dual and student-designed majors, plus 20 highly regarded graduate programs. Its hallmark faculty-student collaborations in research, teaching and mentoring plus hundreds of leadership and service opportunities enrich a lively learning experience that is rooted in a personalized interdisciplinary and global curriculum. Innovative January courses take students to points all over the world while McDaniel’s degree-granting European campus offers a unique opportunity for international study at the only American university in Budapest, Hungary. A diverse and close-knit community of 1,600 undergraduates and 1,560 part-time graduate students, McDaniel also boasts a spectacular 160-acre hilltop campus in Westminster, Md., an hour or less from Baltimore, D.C., the Chesapeake Bay, an Amtrak station and BWI international airport.

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