Tufts alumnus James Dimon (A '78) was chosen by the TCU Senate to receive the 2005 Light on the Hill Award. The award has been given to one alumnus each year since 1995.
According to a Feb. 26 press release, the Light on the Hill Award is given to a distinguished alumnus who demonstrates "ambition, achievement, and active citizenship in his or her professional career."
TCU President Jeff Katzin said that Dimon was selected because of his "illustrious accomplishment" in becoming CEO of JP Morgan Chase & Co., a position which he currently holds.
Dimon had been the Chairman and Chief Executive Officer of Bank One for four years before it was bought by J.P. Morgan Chase. He spent a year and a half as President and Chief Operating Officer of J.P. Morgan Chase before rising to CEO on Dec. 31, 2005.
Katzin said that this recent promotion made Dimon's award timely.
An open award ceremony for Dimon will be held at 5:00 p.m. on Mar. 28 in the Coolidge Room.
"He hasn't been back on the hill ... for a while," Katzin said. "It's an honor that he decided to come back for a student award."
Previous recipients of the award include New Mexico Governor Bill Richardson, "The Late Show with David Letterman" Executive Producer Rob Burnett, and actor Hank Azaria.
Katzin said that the senate had searched through different career fields and was happy to give the award to someone in the field of business because of its increasing popularity on campus. He specifically noted the growing Entrepreneurial Leadership Program at Tufts.
"He was our first choice," Katzin said.
