News & Media

Peirce College Elects Two New Members to Board of Trustees


Peirce College Elects Two New Members to Board of Trustees

Marc D. Ammaturo and Scott Douglas Smith bring their expertise in business management to Peirce's Board of Trustees

PHILADELPHIA, June 15, 2013 -- Peirce College, Philadelphia’s leading private, non-profit, four-year accredited institution for working adult learners, is pleased to announce the addition of two members to its Board of Trustees, Marc D. Ammaturo and Scott Douglas Smith.

“We are delighted to welcome Mr. Smith and Mr. Ammaturo to the Board of Trustees at Peirce College. Mr. Ammaturo’s extensive financial and investment management background coupled with his deep commitment to higher education makes him a strong asset to the Peirce College Board of Trustees,” said James J. Mergiotti, Peirce College President & Chief Executive Officer. “In addition, Mr. Smith brings to Peirce very strong business, technology, and executive leadership experience as well as the perspective of a Peirce alumnus who attended as a non-traditional student. He has a deep personal knowledge of the value of Peirce’s expertise in serving working adult learners.”

Mr. Ammaturo currently serves as a Managing Director at PFM Asset Management LLC (PFMAM), which provides investment advice and portfolio management for government and not-for-profit organizations, corporations, pension funds, and other institutions. He has held numerous positions with PFMAM since joining the firm in 2005. Prior to joining this company, he participated in an 18-month rotational executive program with PFPC, Inc. Mr. Ammaturo serves on the Philadelphia Regional Advisory Board for Economics Pennsylvania, a non-profit organization that promotes economic education in the K–12 classroom. He also participated in LEADERSHIP Philadelphia, a non-profit organization that mobilizes the leaders of the private sector to work on behalf of the Philadelphia community.

“It is an honor to be elected to the Board of Trustees at Peirce College,” said Mr. Ammaturo. “I hope that my business experience and financial expertise will be beneficial as Peirce continues implementation of their multi-year strategic plan.”

Mr. Smith currently serves as Managing Partner at Clinton Rubin LLC, a management and technology consulting firm with service areas in Health Care Advisory, Health Information Technology, Enterprise Software and Implementation, and Staff Augmentation. He co-founded the organization, and has managed and grown the firm over the past six years. Prior to founding Clinton Rubin LLC, Smith served as Chief Administrative Office for Blank Rome. Before that, he was Partner and Managing Director for KPMG LLP, and was a Principal for IBM. Mr. Smith is a Peirce alumnus, and taught at the College as an adjunct professor from 1978-1985.

“I’m very excited to serve on the Board of Trustees at Peirce College and to utilize my vast experience in Healthcare and Enterprise Software and Implementation to serve the Peirce community,” said Mr. Smith. “I attended and taught at Peirce, so it is a great honor to return to my roots and work to serve the next generation of Peirce College students,” continued Smith.

Both Mr. Smith and Mr. Ammaturo are lifelong residents of the Philadelphia area. They were elected to the Peirce College Board of Trustees on June 10, 2013.

About Peirce College
Peirce College offers bachelor’s and associate degree programs in the areas of Business, Healthcare, Information Technology, and Legal Studies, and a Master of Science in Organizational Leadership & Management. Located in the heart of Philadelphia, Peirce is a non-profit institution that specializes in serving the unique needs of working adults, many of whom work full time and are raising families. Peirce College is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, Pennsylvania, 19104 (phone: 267-284-5000). The Accreditation Council for Business Schools and Programs accredits the College's Business Administration and Accounting programs; the Paralegal Studies program is approved by the American Bar Association; and the Health Information Technology program is accredited by the Commission on Accreditation for Health Informatics and Information Management Education.

For more information about Peirce College, call 888.467.3472 or visit

Visit Peirce’s blog, Peirce Connections, at Become a fan of Peirce College on Facebook. Follow us on Twitter @PeirceCollege. View the Peirce College YouTube Channel.