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Mr. Saunders is the founder of a number of notable companies, including Genesee Regional Bank, Truck Stops of America, Griffith Energy, Travel Centers of America and Sugar Creek Corporation.  In addition, Mr. Saunders is an owner of Essex Property Management, a company responsible for commercial properties.  Other significant ownership interests include Valley Fuels, Bristol Harbour Resort, Sugar Creek Farms, Western New York Energy and American Rock Salt.

Mr. Saunders serves as Chairman of Genesee Regional Bank and Valley Fuels as well as Chairman of the Board of Directors of Paul Smith’s College.  Mr. Saunders also serves on the Board of Directors of American Rock Salt, Buckingham Properties, Lewis Tree, Passero Associates, NYS Trooper Foundation, Torvec Inc., Rochester Institute of Technology, Western New York Energy, and Young Entrepreneurs Academy.  Mr. Saunders was formerly the Executive Vice President and Director of Ryder Systems, Owner/CEO of Econo-car International, and Owner/CEO of Richardson Foods Corporation.

In addition to his current board service, Mr. Saunders has formerly served as a member of the Board of Directors of the American Red Cross, Boy Scouts of America, Fleet Bank, Genesee Valley Trust Company, Hahn Automotive, Excellus of New York, Ryder Systems, National Association of Truck Stop Operators (NATSO), Rochester General Hospital and Roswell Park

Mr. Saunders is a past inductee of the Rochester Business Hall of Fame and is a recipient of an honorary Doctorate of Commercial Science from Paul Smith’s College. He is also a member of the Livonia Central School Athletic Hall of Fame and the National Association of Travel Centers Hall of Fame.

Phil Saunders' Scholarship

A lifelong resident of Livingston County, NY, Mr. Saunders is a tireless promoter of the Upstate NY economy, and believes strongly that an educated workforce is the key to economic growth in the region. As part of his commitment to RIT and to the naming of its College of Business, in July 2006 Mr. Saunders is established the E. Philip Saunders Endowed Business Scholarship, providing two four-year academic scholarships annually, one each to a graduate of Dansville (NY) High School and of Livonia (NY) High School, who have been accepted to Saunders College of Business at RIT.

Phil Saunders' Scholarship Eligibility

Eligibility for this scholarship will be based on the recipients' graduation from Dansville High School or Livonia High School, as well as their acceptance into Saunders College of Business at RIT. Candidates must demonstrate a record of academic achievement that indicates a strong potential for success in a selective academic environment. They should be well-rounded students, involved in extracurricular and/or work-related activities while in high school. Also, they should demonstrate strong leadership potential or business skills and aspire to become business leaders.

Candidates will be asked to authorize release of application and ongoing performance information to the scholarship selection committee. That committee will consist of at least one representative from the RIT Enrollment Management and Career Services Division and one representative from the Saunders Foundation. Financial need may be a factor in consideration, but is not a requirement. All qualified candidates will be encouraged to apply. The scholarship is renewable annually for up to four years, provided the recipients enroll fulltime, maintain a cumulative grade point average (GPA) of at least 2.5 and remain enrolled in the RIT Saunders College of Business. In the event that circumstances arise forcing a student to enroll for an additional term to meet academic requirements, the administrators of the fund may be able to support those additional needs.

Phil Saunders' Scholarship Recipients

  First Name M Last Name Year Received Major
  Paul M Nebbia 2007 International Business
  Casey S Wing 2007 Marketing
  Jonathan C Federico 2008 International Business
  Tyler W Russell 2008 Management
  Lindsey E Parker 2009 International Business
  Matthias J Schuster 2009 Management
  Nicholas De Berardinis 2010 Finance, '14
Applied Statistics, '15
  Robert M Schuster 2010 Management
  Rebecca N Stockslader 2011 Business Administration & Accounting
  Danielle L Potter 2011 Management
  Zachary T White 2012 New Media Marketing
  Thomas E Gott 2013 Management
  Megan Rauber 2013
  Hannah E Hawkins 2014 New Media Marketing
  Scott T Mclaughlin 2014 Marketing
  Meghan Sessler 2015 Biomedical Sciences
  Jessica M Coombs 2015 Management Information Systems
  Bryan Gascon 2015 Management
  Sarah M Kuhn 2015 International Business
  Jeffrey T Kosakowski 2016 Management, Business Administration
  Kathleen M Ferguson 2016 International Business
  Connor P Wilkins 2016 Management Information Systems