Contact:	Fred Knubel	
		Director of Public Information
		212-854-5573, fhk1@columbia.edu		FOR IMMEDIATE USE



Stephen Friedman Elected Chair of Columbia Trustees

Stephen Friedman has been elected chairman of the Trustees of Columbia University. Mr. Friedman is Senior Chairman and a Limited Partner of Goldman, Sachs & Co. A Trustee since 1989 and vice chairman since 1995, he will assume the chairmanship September 2, Columbia President George Rupp announced. Mr. Friedman, a graduate of Columbia Law School, has been with Goldman, Sachs & Co. since 1966 and became a partner in 1973. From 1987 to 1990 he was vice chairman and co-chief operating officer, and from 1990 to 1994 he was co-chairman or chairman. After earning his B.A. in 1959 from Cornell University and his LL.B. in 1962 from Columbia Law School, where he was a Law Review editor and a Harlan Fiske Stone Scholar, he served as a law clerk in the Federal Court for the Southern District of New York. He was a practicing attorney before joining Goldman, Sachs. Mr. Friedman is a trustee of the Brookings Institution and chairman of its executive committee and a trustee of Memorial Sloan-Kettering Cancer Center. He is a member of the Trilateral Commission and the Council on Foreign Relations. He was a member of the Commission on the Roles and Capabilities of the U.S. Intelligence Community (the Aspin/Brown Commission). He is also a director of Wal-Mart Stores and Fannie Mae. As a Columbia Trustee, Mr. Friedman has been chairman of the committee on health sciences, the investment steering committee and the subcommittee on compensation, and he is a member of the executive committee, the finance committee and the subcommittee on nominations. 8.5.97 19,168