FOR IMMEDIATE RELEASE

MARYGROVE APPOINTS Henry Chase as Vice President of Finance and administration

Detroit, MI, January 20, 2006 – Dr. Glenda Price, president of Marygrove College, announces the recent appointment of Henry Chase as Vice President of the Finance and Administration Department.

Chase served Marygrove as an independent consultant over from 2000 to 2004 in the role of re-engineering project manger where he developed a comprehensive decision support system to provide ongoing strategic direction and financial analysis. Effective December 1, Chase joined the staff as Vice President of the Finance and Administration, responsible for all material resources of the college. Reporting to Chase are the administrative services, financial services, facilities management, the banquet and conference center, food services and campus safety.

Chase has also consulted with the University of Detroit Mercy on enhancing their financial system reporting and analysis. He worked for the National Bank of Detroit and its successor, Bank One, for over 25 years in increasingly responsible positions, including the vice president of financial systems and re-engineering. He assumed key leadership roles in planning, design and implementation of the world’s then-most comprehensive installation of an Enterprise Resource Planning System (SAP) in a bank.

A resident of Grosse Pointe Woods, Chase received his BAE in Engineering Science and his MBA in Operations Research and Management Science at the University of Michigan in Ann Arbor, MI.

Marygrove College is an independent private liberal arts college sponsored by the Sisters, Servants of the Immaculate Heart of Mary (IHM) in a unique, diverse urban setting. Situated on 53 acres of land in one of Detroit’s finest neighborhoods, more than 1,200 students attend classes in its undergraduate and graduate programs in education, business, human resource management, social justice, social work, science, theater, music and the arts. Call 866-313-1927 or visit www.marygrove.edu. # # #