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Eduardo A. Salvati, M.D., World-Renowned Hip Surgeon, Honored with Lifetime Achievement Award

Richard S. Fuld, Jr., Chairman and CEO, Lehman Brothers, also honored for leadership in business; Tony and Emmy Award-winning actress Bebe Neuwirth to serve as Toastmaster

NEW YORK, N.Y.—June 4, 2007

Eduardo A. Salvati, M.D., internationally renowned hip surgeon at Hospital for Special Surgery (HSS), will receive the Lifetime Achievement Award at the hospital’s 24th Annual Tribute Dinner at the World Financial Center Winter Garden on Thursday, June 7, 2007. Bebe Neuwirth, star of Broadway, television and film, and one of the great performers of the American musical theater, will host the event.

Also at the dinner, Richard S. Fuld Jr. will be honored in recognition of his leadership in business. Mr. Fuld has been chairman of the Board of Directors of Lehman Brothers Holdings Inc. and Lehman Brothers Inc. since 1994 and chief executive officer of the Company since 1993. He is chairman of Lehman Brothers’ Executive Committee.
Dr. Salvati has dedicated his professional career to the care of thousands of patients, to the education and surgical training of hundreds of residents and fellows and to the improvement of hip surgery. His work has encompassed basic, applied, clinical and biomechanical research to refine the complex aspects of total hip replacement. Notable contributions include measures to reduce the risk of complications and the role of genetic predispositions. For this work he has received several honors, including four American Hip Society Awards, the Nicholas Andry Award of the American Association of Bone and Joint Surgeons and the Lifetime Achievement Award of the Arthritis Foundation.

“For the past 38 years, Dr. Salvati has been an integral member of the HSS family and has greatly contributed not only to the hip and knee service at the hospital, but overall to the fields of orthopedic surgery and musculoskeletal research,” said Louis A. Shapiro, president and chief executive officer of Hospital for Special Surgery.  “We are deeply grateful for his service to our hospital and proud to bestow this lifetime achievement award as a way to recognize his passion and commitment to patient care, education and research.”

“It’s been incredibly rewarding to work at HSS,” said Dr. Salvati. “I feel I have a second family in my colleagues, residents and fellows.”

Continuously serving in leadership roles, Dr. Salvati has been at the forefront of major advances in the international field of joint arthroplasty. He served as Chief of the Hip Service for sixteen years and went on to direct the Hip and Knee Service at the hospital. He is a professor of Clinical Orthopedic Surgery at the Weill Cornell Medical College, a past president of the American Hip Society, a past Secretary-Treasurer of the International Hip Society, an Honorary Professor at the University of Buenos Aires, an honorary member of several orthopedic societies, and a reviewer and editorial board member of the most renowned orthopedic journals. His contributions in orthopedics are evidenced by more than 300 peer-reviewed scientific articles and book chapters. As a long-standing recognition for his work, Hospital for Special Surgery has established a Chair in his name.

Richard S. Fuld, Jr., who is also being honored, serves on the Board of Directors of the Federal Reserve Bank of New York and is a member of the Executive Committee of the Board of Directors of The Partnership for New York City. He is also a member of the International Business Council of the World Economic Forum and The Business Council.
In addition, he serves on the Board of Trustees of NewYork-Presbyterian Hospital, Middlebury College and on the Board of Directors of the Robin Hood Foundation.

Mr. Fuld received a bachelor of arts degree from the University of Colorado and an M.B.A. from the New York University Stern School of Business.



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