Honor Thomas Tyrell Award

Senate Resolution No. 2099 BY: Senator BRESLIN HONORING Thomas Tyrell upon the occasion of his designation as recipient of the 2017 Third Age Achievement Award in Business by Senior Services of Albany WHEREAS, It is the sense of this Legislative Body to recognize and applaud the leaders of commerce and industry whose accomplishments contribute to the economic health and prosperity of the communities of the State of New York and to the quality of life of its people; and WHEREAS, This Legislative Body is justly proud to honor Thomas Tyrell upon the occasion of his designation as recipient of the 2017 Third Age Achievement Award in Business by Senior Services of Albany, to be celebrated at its 21st Annual Third Age Achievement Awards Luncheon on Friday, May 19, 2017, at Wolfert's Roost Country Club, Albany, New York; and WHEREAS, Each year, this auspicious event recognizes the contributions that area residents and professionals have made in their communities during the Third Age of their lives; Thomas Tyrell will receive this award for his valuable achievements and devoted service to his community after the age of 60; and WHEREAS, Thomas Tyrell serves as the Vice President of Rose & Kiernan, Inc.; and WHEREAS, Rose & Kiernan was established in Albany, New York, in 1869 by Rufus Rose; upon his retirement, he was succeeded by his son, William; Peter D. Kiernan entered the agency in 1901, as a partner and the agency became Rose & Kiernan; and WHEREAS, The firm was incorporated in 1914, and for the next 60 years was managed by Peter D. Kiernan and his son, Peter D. Kiernan, Jr.; and WHEREAS, In 1974, Peter Kiernan, Jr. left the agency to assume the presidency of an Albany-based bank holding company; the move necessitated his divesting himself of his interest in the business, which resulted in the sale of the agency to the employees on May 8,

1974; and WHEREAS, Luke J. Henry, a long-time employee, was elected the agency's new president, and in October of 1974, the management officially changed hands, and Rose & Kiernan, Inc. became completely owned and operated by its employees; and WHEREAS, In 1987, building on the success of its employee ownership, the company formed the Rose & Kiernan, Inc. Employee Stock Ownership Plan (ESOP), a decision designed to perpetuate the foundation of the agency by creating employee programs aimed at keeping families together, as well as cradle to grave services and total wrap-around services under one roof; and WHEREAS, Today, the success of Rose & Kiernan, Inc. is in direct correlation to the efforts of Thomas Tyrell, whose involvement is, and always has been, characterized by an impressive commitment, an unbridled enthusiasm, and an uncompromising standard of excellence in all endeavors on behalf of the agency and the community it serves; and WHEREAS, Throughout the entire period of his community service, a period of constructive involvement, Thomas Tyrell has stood constant in dignity, good grace and humor; and WHEREAS, With his proven business leadership abilities and his evident dedication to his community, Thomas Tyrell is the quintessential selection for this prestigious award; now, therefore, be it RESOLVED, That this Legislative Body pause in its deliberations to honor Thomas Tyrell upon the occasion of his designation as recipient of the 2017 Third Age Achievement Award in Business by Senior Services of Albany; and be it further RESOLVED, That a copy of this Resolution, suitably engrossed, be transmitted to Thomas Tyrell.