Dear Members of the Monmouth University Community:
It is with sadness that I share the news that our dear friend and former Monmouth University trustee, Thomas I. Unterberg ˈ08HN, passed away on January 10, 2023.
Tom was a respected financier and businessman, launching and running several successful investment firms bearing the Unterberg family name. He was a pioneer investor in the emerging technology industry and helped take public such notable companies as Intel, Compaq, Applied Materials, and over 200 others over the course of his 65 years on Wall Street.
Perhaps even more significant was Tom’s philanthropy and commitment to service which impacted numerous institutions in New Jersey and New York, including Monmouth University. Tom served loyally on our Board of Trustees for nearly a decade from 1995-2003 and he received an Honorary Doctor of Laws Degree in 2008 in recognition of his notable achievements in business, his countless contributions to charity, and his exceptional commitment to Monmouth University.
Thanks to the generosity of the Unterberg family, the Marjorie K. Unterberg School of Nursing and Health Studies at our university bears the name of Tom’s late mother. The Unterberg family was also instrumental in the construction of the OceanFirst Bank Center, and has been hugely supportive of expanding performing arts partnerships and enhancing academic facilities at Monmouth. Tom and his wife, Ann—who is also a former trustee—have supported the growth of Monmouth for many decades, and we are indebted to their kindness and commitment to our university.
There is no doubt that Tom’s influence and remarkable legacy will be felt by our university community for generations to come. As a tribute to Tom’s extraordinary life, the Monmouth University flag will be flown at half-staff for the next few days.
Please join me in keeping Tom, Ann, and the entire Unterberg family in our thoughts and prayers during this difficult time.
Sincerely,
Dr. Patrick F. Leahy
President