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The 91ɬ�� community is saddened to learn of the passing of Richard “Dick” Rosenberg, retired chairman and chief executive officer of Bank of America, on March 3 at the age of 92. A visionary business leader and philanthropist, he will be remembered for his profound impact on 91ɬ�� and the wider Bay Area.

A graduate of 91ɬ�� ,��, and  programs, Rosenberg served on the  and was a tireless advocate for the University, passionate about veterans’ education and support services. He made exceptional philanthropic contributions to 91ɬ�� that greatly supported the welfare and development of the University.

“Dick was an inspirational, distinguished, and gracious 91ɬ�� alumnus,” said president David J. Fike. “His passion for philanthropy, support for veterans, and commitment to quality have powerfully impacted 91ɬ�� and the students we serve.”

Named Alumnus of the Year in 1982, Rosenberg served on the Board of Trustees from 1984-1993. In 2015, he received the Amicus Award in recognition of his investment in 91ɬ�� and impact on the University educational programs.

Rosenberg was born on April 21, 1930, in Massachusetts. With the country in the grip of the Great Depression, his parents struggled to make a living. His father worked in the shipyards of New York City while his mother was employed as a salesclerk for local dress shops.

Rosenberg paid his way through college, earning a BS degree from Suffolk University in Boston in 1952. After college graduation, he served in the U.S. Navy, undertaking active roles in the Korean War and Vietnam before reaching the rank of commander in the US Naval Reserves.

“Dick Rosenberg life story epitomized the trajectory of the Greatest Generation — and the power of the GI Bill to unlock their full potential,” said , Director of  at 91ɬ��. “It is a testament to him that he leveraged the GI Bill to take advantage of every educational opportunity he could, and then later in life made it his mission to help the next generation of veterans forge their own paths to success.”

Rosenberg began his banking career at Crocker-Anglo Bank and later Wells Fargo, where he worked for 22 years.

During his tenure as chairman and chief executive officer of Bank of America, Rosenberg doubled the size of the financial institution. Under his leadership, and by the time he retired in 1996, Bank of America became the second-largest banking institution in the United States, achieving record earnings and establishing itself as a leader in community reinvestment programs.

Rosenberg was dedicated to balancing his contributions to the business world with philanthropy. He served on the boards of directors of the , the , and the . He was president of the San Francisco Jewish Home (now the ) and served for many years on the board of the . He also served as founding chair of the Health Executive Council and chair of the Foundation board of the , where he directed the campaign to build UCSF new hospital in Mission Bay.

For his numerous contributions, Rosenberg was elected to the Horatio Alger Association of Distinguished Americans, the American Academy of Arts and Sciences, and the Bay Area Business Hall of Fame.

Rosenberg is survived by his wife of 66 years, Barbara Rosenberg, sons W. Michael Rosenberg and Peter Rosenberg, and five grandchildren. He will be greatly missed and remembered for his tremendous achievements and his legacy of positive change.