Welters Lobby, inside New York University School of Law's Vanderbilt Hall, is now named for him.
His mother died, from an allergic reaction to a penicillin injection, when Welters was eight years old.
[1] Welters is vice chair of New York University's board of trustees,[4] as well as that of the John F. Kennedy Center for the Performing Arts.
[1] He is executive vice-president of UnitedHealth Group (UHG), having founded its predecessor, AmeriChoice, in 1989.
[3] Welters provided a $267,000 loan to Clarence Thomas in connection with the Supreme Court Justice's purchase of a luxury recreational vehicle.