In 2000, Monmouth University named him as the New Jersey Businessman of the Year.
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In 2012, Gallucci and Crawdaddy magazine editor Peter Knobler lectured in conjunction with a special show, "Ed Gallucci - The Crawdaddy Years and Beyond" at Monmouth University's Pollak Gallery.
Vice Admiral Paul Gaffney II (U.S. Navy, Ret.) – President Emeritus, Monmouth University; Member, U.S. Commission on Ocean Policy