WASHINGTON -- Today, Frank Savage, chief executive of Savage Holdings and chairman emeritus of the Howard University Board of Trustees, delivered an inspiring keynote address at the Howard University 146th Charter Day Convocation in Cramton Auditorium.
In his address, “Preserving Howard University: Our Sacred Trust,” Savage exhorted students and faculty to preserve Howard’s position as a vital exemplar of intellectual and social achievement. Savage challenged Howard community members to restore their commitment to the University, emphasizing that the responsibility of extending Howard’s legacy belonged to all. He said those who created Howard would not have tolerated mediocrity.
“Not only does our community need Howard, the world needs Howard,” Savage said. “Families must be confident that when they send their best and brightest to Howard University, they are sending them to the best institution.”
Savage discussed his “deep connection with Howard,” a connection that began even before his enrollment as an undergraduate. His mother was a beautician and sole proprietor of a beauty parlor on Georgia Avenue and Barry Place in Washington, DC. Savage said his mother taught him to be both business savvy and confident, traits that helped him rise in the corporate world.
After Howard, Savage went on to have an extensive career in corporate finance, international banking and global investment management. He has served on many boards of non-profit organizations and major corporations, such as Lockheed Martin Corporation and Bloomberg LP.
Savage earned a bachelor’s of arts degree from Howard University in 1962. Savage, in the speech, recalled his experiences as a college student and described how his time on campus prepared him to tackle the challenges that he would encounter later in life.
“When I graduated from Howard, I knew that life would never be the same for me,” Savage said.
This year’s Charter Day celebration marks the 146th anniversary of the charter enacted by Congress, and subsequently approved by President Andrew Johnson on March 2, 1867, which established Howard University.
WHUT-TV will broadcast the edited Charter Day Convocation on Sunday, March 10.