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Contact Information: Tanya Klein Public Relations 973-596-3433

Amy Pappas, of Tenafly, To Receive Outstanding Alumna Award from NJIT

Amy A. Pappas, managing director and chief financial officer for Asset Management America, JP Morgan Chase, will receive New Jersey Institute of Technology’s (NJIT) Outstanding Alumna Award.

Pappas, who graduated from NJIT with a degree in chemical engineering in 1987, will be honored during NJIT’s annual black-tie benefit dinner, called Celebration, scheduled for Nov. 4 at the Pleasantdale Chateau, West Orange. The proceeds from the dinner will endow scholarships for students enrolled in the Albert Dorman Honors College at NJIT. Many Dorman students are the first in their families to attend college, and most rely upon merit and need-based scholarships.

The college, founded in 1995, now enrolls more than 500 students who are offered special classes, seminars and colloquia by distinguished professors. Proceeds from the dinner will endow scholarships for an additional 100 Dorman students. Dorman’s mission is to transform its students into leaders in their respective fields.

“Amy Pappas is an example of an outstanding alumna who has made major strides in corporate America while still finding the time to help NJIT,” said Jacquelynn Rhodes, associate vice president for development at NJIT. Amy is active on the Dorman Honors College advisory board and is a role model for young women who are interested in engineering and finance.”

Pappas, of Tenafly, recently joined the JP Morgan Chase Asset and Wealth Management business as the chief financial officer for Asset Management America. She joined Chase in 2003 as chief financial officer for Personal Financial Services. She has an extensive financial management and strategy background and has worked in a retail investment environment while at Morgan Stanley. Her goal in supporting the business is to ensure executives and managers are provided with innovative and value-added information. In her time at Chase, she has built strong teams and re-engineered the business planning processes.

Prior to joining Chase, Pappas was chief financial officer for U.S. consumer operations at Capital One. She had broad responsibilities and was a key participant in strategic management decisions. She was involved in a variety of accounting and operational initiatives from improving collections of past-due accounts by developing more timely and meaningful reporting, to overall cost reduction initiatives. Pappas held several key jobs at Morgan Stanley Dean Witter from 1990 to 2001.

One of the nation's leading public technological universities, New Jersey Institute of Technology (NJIT) is a top-tier research university that prepares students to become leaders in the technology-dependent economy of the 21st century. NJIT's multidisciplinary curriculum and computing-intensive approach to education provide technological proficiency, business acumen and leadership skills. With an enrollment of more than 10,000 graduate and undergraduate students, NJIT offers small-campus intimacy with the resources of a major public research university. NJIT is a global leader in such fields as solar research, nanotechnology, resilient design, tissue engineering, and cyber-security, in addition to others. NJIT ranks 5th among U.S. polytechnic universities in research expenditures, topping $110 million, and is among the top 1 percent of public colleges and universities in return on educational investment, according to PayScale.com.