The club's 122nd Annual Egg Nog Gala Dinner at the New York Academy of Sciences was a great success, both in terms of attendance and the obvious enjoyment of the attendees. During the event, the Winthrop-Sears Medal for entrepreneurial achievement was awarded to William Wulfsohn, CEO of Ashland Holdings. In his acceptance speech, he displayed a modesty that was enthusiastically received by the audience which included a large number of young professionals, management personnel and students.