NYS Economic Czar Hope Knight ’85 to Receive Honorary Degree at 2026 Commencement

Hope Knight ’85 has held many roles at MMC—student, alumna, adjunct business professor, trustee, board chair, and MMC parent, with her son graduating in 2025.

At the College’s commencement ceremony on May 22, she’ll add yet another: honorary degree recipient. Knight, the president, CEO, and commissioner of Empire State Development—New York’s primary economic development arm—and the first African American to lead the agency, will receive an honorary doctor of humane letters degree in recognition of her trailblazing leadership in business and public service.

Nominated to her post by Governor Kathy Hochul in 2021, Knight has helped steer some of the state’s most consequential economic initiatives, including Micron’s historic $100 billion investment to build a semiconductor manufacturing campus in Central New York. When complete, it is projected to be the nation’s largest semiconductor plant, creating some 50,000 jobs. She also oversees programs supporting workforce training, entrepreneurship, infrastructure, and private investment, drawing on decades of experience in finance and community development.

An East Harlem native, Knight earned her bachelor’s degree from MMC in Business Management and an MBA from the University of Chicago Booth School of Business.

She will become the 176th person to receive an honorary doctor degree from the College since it began awarding them in 1969, joining a remarkable list that includes Rosa Parks H’81, Coretta Scott King H’69, Senator Edward M. Kennedy H’84, Twyla Tharp H’89, Hillary Rodham Clinton H’05, and Chinua Achebe H’91. Moreover, as MMC completes its merger with Northeastern University, Knight will be the last recipient to receive the honor under the Marymount Manhattan banner.

“This is very special and personal for me. Marymount has been a very significant part of my life, and receiving an honorary degree from the College fills me with mixed emotions—pride and extreme gratitude, but also a modicum of disbelief,” she said. “Receiving this recognition would’ve never been something that I would’ve imagined as a student. It’s a full circle moment, and, for the graduates, it illustrates what’s possible.”

Knight will address the Class of 2026 at the ceremony, and though its members will cross MMC’s commencement stage 41 years after she did, she remembers well what it was like to be in their shoes—excited to mark an important milestone, awestruck by the pomp and circumstance, and nervous about what comes next. “I recall thinking, after my own commencement ceremony was over, ‘Okay, now what?’” she said. Knight will address that concern in her speech, offering a mix of timely advice and insights that have held true for every graduating class to come out of 71st Street.

For starters, though graduating seniors have reached the end of one chapter in their education, Knight plans to emphasize the importance of embracing learning as a lifelong venture.

“The world is rapidly changing around us, and the graduates should understand that they represent the next generation of innovators,” she said. “Lifelong learning is an obligation, and it’s going to better prepare them as the economy and roles evolve.”

Knight also hopes to offer some reassurance as they take their next steps—and accept their first real-world jobs. “I would say most singularly that where you start is probably not where you’ll end up, and not to worry too much about it,” she said. “I spent a lot of time worrying that I probably didn’t get the right first job for my career, but in the end, none of that mattered. If you achieve your best in the opportunities that you’re presented with, things will come along.”

Moreover, as technological advances like AI reshape industries and the workplace, Knight said students should feel confident that there will always be demand for people grounded in the fundamentals. “Graduates should focus on the core skills they’ve developed at MMC—communication, problem solving, data literacy, collaboration,” she said. “Those are transferable skills they’ll rely on in any career they pursue.”

Though 71st Street will change as the merger is finalized, Knight plans to remind graduating students that they are joining a large and thriving community of MMC alumni ready to support them and that they are part of a legacy that stretches back nearly a century, when the Religious of the Sacred Heart of Mary founded MMC. That legacy, she said, has taken on special meaning for her.

“For me, MMC’s legacy, at its core, is about using education as an instrument for opportunity and personal growth in civil and community engagement. That resonates with me because I spend my days thinking about how to expand New York State’s economy, so that all segments of the population have equal access to opportunity,” she said. “It drives my work every day.”

Published: April 30, 2026