Carl Turnipseed is a Morgan graduate, past recipient of Morgan's Alumnus of the Year, and inductee in the University's Hall of Fame. He retired from the Federal Reserve Bank of New York where he was the first Black to attain the level of Executive Vice President and to serve on its executive committee.

During his 44 year career at the New York Fed, Carl served in a variety of leadership positions in accounting, domestic and global payments, government securities, treasury operations, and Foreign Relations. He was the Bank's senior HR executive and later led the Bank's Buffalo (New York) Branch Office, which made him the first Black to serve as a Branch Manager in the U.S. Federal Reserve System. In his concluding 12 years at the Bank, Carl oversaw the Financial Services Group which processes trillions of dollars a day in cash, electronic payments and securities, and gold.

Over the course of his professional life, Carl served on numerous boards connected with international trade, business and economic development, and higher education. In addition, he has always found time to coach and mentor young professionals and to give back to his community. Carl is a founding member of the Board of Directors of Classroom Inc., a nonprofit technology company that creates digital learning games and curriculum set in the professional world that foster middle school students' literacy and leadership skills and connect school to life in an authentic workplace. He previously chaired the Dean's Advisory Board at Morgan's Earl G. Graves School of Business and Management and served on the University's Foundation board.

Carl is the recipient of numerous corporate, professional, and community awards including an honorary doctorate of humane letters from Felician College in New Jersey. He is a life member of the Kappa Alpha Psi Fraternity, the Sigma Pi Phi Fraternity, and the NAACP. Carl is also a proud veteran having served as a Lieutenant in the U.S. Army.

Carl earned his MBA degree from New York University's Stern School of Business. He also graduated from the Executive Management Development Program at Columbia University and the Advanced Management Program at the Harvard Business School.