Courtesy of the Intercollegiate Tennis Association
SKILLMAN, N.J. -- Lynn Tilton, alumna of the Yale University Class of 1981, will receive the highest honor bestowed by the Intercollegiate Tennis Association (ITA) when she is presented with the 2014 ITA Achievement Award on Friday, Sept. 5, at the ITHF Board of Directors Meeting at the Grand Hyatt Hotel in New York. The ceremony will be hosted by the International Tennis Hall of Fame (ITHF) and presented by Rolex Watch, U.S.A.
Tilton is the fifth Ivy to receive the accolade, joining
Harvard's John Thornton (2009), Yale's
Geoffrey Tabin (2007) and Penn's Bert
Vogelstein and Lisa Hoffstein (1997).
Stan Smith, President of the ITHF, will present the award along with David A. Benjamin, ITA Executive Director, and an executive from Rolex Watch U.S.A., who will present a distinctive, personally engraved, Rolex timepiece to Tilton. In addition to this special gift, Tilton and a guest will be invited to watch a session of the 2014 U.S. Open from the President's Box, courtesy of the USTA, and will also be recognized during the ITHF's Legends Ball on Friday evening. The Yale University women's varsity tennis program will also receive a $1,000 donation from the ITA in Tilton's honor.
Now in its 21st year, the ITA Achievement Award pays tribute each year to past participants in the world of varsity tennis who have achieved excellence in their chosen careers. The spirit of the award honors both professional success and contributions to society, made either as a direct result of a career, or through humanitarian efforts.
Tilton has made it her mission to save jobs and through her company, Patriarch Partners, she works to end joblessness in America by saving companies in danger of liquidation. With revenues in excess of $8 billion and employing more than 120,000 people, Tilton's platform is the largest woman-owned business in the country. Since she founded Patriarch in 2000, Tilton has owned and restructured 243 companies, saving more than 675,000 jobs along the way. Tilton currently owns 75 companies across 14 industry sectors.
As a teenager, Tilton was a nationally-ranked tennis player and went on to play varsity tennis for three years at Yale University. She graduated with honors in 1981 with a B.A. in American Studies and after graduation was accepted into Morgan Stanley's analyst program - an event that served as the launching pad to her career in finance. After later receiving her MBA in Finance from Columbia University, Tilton worked at a number of investment banking firms, including Goldman Sachs and Merrill Lynch, before launching Patriarch Partners.
Tilton's many honors and awards for her work include the 2009 Turnaround Atlas Leadership Achievement Award for her work in distressed investing, 2011 Entrepreneur of the Year by the Living Legends of Aviation and the 2011 Luminary Award presented by Womensphere which is "given to a woman whose leadership, innovation, and personal commitment has illuminated and inspired the lives of millions, and positively transformed the world." Recently Tilton was inducted into The Living Legends of Aviation Hall of Fame by the Kiddie Hawk Air Academy, which recognizes individuals who have made significant contributions in aviation. In addition, CNBC and its viewers recently named Tilton one of the 100 Most Influential Names in Business over the last 25 years.
Tilton was interviewed on Barbara Walters' "20/20" in 2011, where she discussed her mission to save American jobs and rebuild American manufacturing. Her humanitarian work includes efforts in support of US troops and funding scholarships for the Wounded Warrior Foundation. In December 2013, she embarked on a national tour of women's shelters to provide makeovers for women in need. As a part of a nationwide launch of Jane Cosmetics, "The Gift of Confidence & Care" campaign was created by Tilton to give women a sense of empowerment, in addition to a makeover and complete wardrobe to begin a new life.
When not working, Tilton enjoys fitness, reading, and spending time with her daughter, Carly.
PAST ITA ACHIEVEMENT AWARD LAUREATES
2013 Roger Crawford -- Loyola Marymount University, 1982
2012 General Ann E. Dunwoody -- State University of New York at Cortland, 1975
2011 Jon D. Erickson -- University of Michigan, 1959
2010 Robert A Swift -- Haverford College, 1968
2009 John L. Thornton -- Harvard University, 1976
2008 Sheridan Snyder -- University of Virginia, 1958
2007 Dr. Geoffrey Tabin -- Yale University, 1978
2006 Thomas Cundy -- Florida State University, 1955
2005 Steve Appleton -- Boise State University, 1982
2004 Dr. George Fareed -- University of California, 1966
2003 Gene Sperling -- University of Minnesota, 1982
2002 Jack Blanton, Sr. -- University of Texas, 1947
2001 Patricia Beckford Acheson -- Queens College, 1972
2001 Judge Gerald E. Rosen -- Kalamazoo College, 1973
2000 Dr. Ruth M. Haude -- Indiana State (PA), 1958
2000 Dr. Michael P. Johnson -- Clark University, 1979
1999 Christine Grant -- Swarthmore College, 1969
1999 Governor Pedro Rossello -- University of Notre Dame, 1966
1998 Lieutenant Colonel Gail Allen -- Air Force Academy, 1982
1998 Dr. William Bowen -- Denison University, 1955
1997 Dr. Bert Vogelstein -- University of Pennsylvania, 1981
1997 Lisa Hoffstein -- University of Pennsylvania, 1981
1996 Roger B. Porter -- Brigham Young University, 1969
1996 Wilma A. Lewis -- Swarthmore College, 1978
1995 Dr. Rebecca Birchmore Campen -- University of Georgia, 1963
1995 Senator John Breaux -- University of Southwestern Louisiana, 1964
1994 Judge Peggy Brenden -- Luther College, 1976
1994 Athan James Shaka -- Harvey Mudd College, 1980