LAWRENCEVILLE, NJ (06/13/2011)(readMedia)-- Stephen J. Cosgrove M.B.A. '77 of New Brunswick, N.J., was one of six Rider University alumni recently recognized for making significant contributions in the field of accounting, enhancing the image of accountants, and making noteworthy volunteer efforts outside the workplace.
Rider's Accounting Advisory Council welcomed and honored its inaugural class at its Accounting Hall of Fame Dinner and Induction Ceremony on May 11 at Pines Manor Restaurant in Edison, N.J. More than 160 attendees attended the evening event, which honored Rider alumni who have distinguished themselves in the accounting profession. Proceeds from the dinner will help fund student scholarships.
Donald Wygal, associate professor of Accounting, presented Cosgrove with the Achievement in Corporate Accounting/Finance award. Cosgrove is the vice president, corporate controller and chief accounting officer of Johnson & Johnson. He was appointed to this position in October 2001.
Cosgrove joined J&J in 1974 as an undergraduate recruit and has worked at multiple companies within J&J. He has served as finance director of J&J affiliates in Belgium, The Netherlands and the United Kingdom, as well as vice president of finance and information management with J&J Consumer Products, Inc., in the United States. Prior to his current position, he was the vice president of finance for the Consumer & Personal Care Group and a member of the Consumer & Personal Care Operating Committee, responsible for the worldwide management of the Consumer and Vision Care franchise of J&J.
The rest of the honorees included John Layton '66 (Achievement in Governmental or Not-for-Profit Accounting); Donald Richards '70 (Achievement in Public Accounting); Frank Sonnenberg '77 (Achievement for Service to the Community); Clair Raubenstine '63 (Lifetime Achievement); and Professor John Gorman '59 (Faculty Lifetime Achievement).