Although semi-retired Ray is still active in the field of labor relations consulting representing public employers in contract negotiations and grievance/arbitration matters. Ray is married and has five children and eight grandchildren. His wife is a Dean at Felician University.
Ray is Chair of the Martin Tuchman School of Management Board of Visitors and is the founder of the school’s Strategic Management Showcase, which provides students with the opportunity to demonstrate their business expertise in a real time simulated environment. Ray is the sponsor of the Financial Analysis Lab Bloomberg Terminals. Ray serves as a member of the University’s Academic Affairs and Research Committee and a member of the University Senate.
Ray has provided financial support to NJIT since his graduation. He is the first recipient of the Martin Tuchman School of Management’s Outstanding Advisory Board Member Award in 2009and was awarded the 2011 NJIT Alumni Meritorious Service Award.