On August 3, 1994, during the Opening Ceremonies for ICM-94 in Zurich, four Fields Medals and the Nevanlinna Prize were presented. David Mumford of Harvard University, chair of the Fields Medal Committee and vice-president of the International Mathematical Union (IMU), called the medalists to the stage. ICM Honorary President Beno Eckmann, founder of the Mathematical Research Institute at the ETH and former IMU secretary presented the medals. The Nevanlinna Prize Committee Chair Jacques-Louis Lions of Collège de France presented that prize.
During the afternoon following the Opening Ceremonies, lectures about the contributions of the awardees were presented: Luis Caffarelli of the Institute for Advanced Study spoke on the work of Bourgain; S. R. S. Varadhan of the Courant Institute of Mathematical Sciences at New York University spoke on the work of Lions; Adrien Douady of Université de Paris-Sud (Orsay) spoke on the work of Yoccoz; Walter Feit of Yale University spoke on the work of Zelmanov; and Yuri Matiyasevich of the Steklov Institute of Mathematics in St. Petersburg spoke on the work of Wigderson.