The other members include six trustees appointed by the Governor, nine elected by alumni, six elected by Pennsylvania agricultural societies, six by a board representing business and industry enterprises, 3 at-large, 1 student, and 1 academic trustee. Including a plethora of interpretations/viewpoints that would significantly restrict investment options in the Penn State Endowment for non-financial reasons. Six members elected by agricultural organizations, Six members elected by the board and representing business and industry, One member elected by the board and representing the student body, One member elected by the board and representing the faculty, One member representing the Penn State Alumni Association, Three members elected by the board as at-large choices. The university, in creating the new compliance model in 2017, cited research that Greek life members were more likely to be heavy drinkers than the general student population and fraternity members were more likely to commit sexual assault then their peers in the general student population. Less than a month after increasing tuition, a Penn State executive is set to receive roughly a $71,000 annual raise which still brings her salary to less than that of her predecessor after. ], This site requires JavaScript to run correctly. Matthew W. Schuyler (2023) Chief Brand Officer. Anthony P. Lubrano (2023) President, A.P. Six years later, Penn States new administration appears to be easing those restrictions. All rights reserved (About Us). To balance the budget by 2025, the university is attempting to save an estimated $250 million and, in the last few weeks, it has both raised tuition and . Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. . Which is great, and tremendously improves the response time in dealing with software coding issues, but doesnt at all catch fundamental user unhappiness with a correctly functioning but useless interface. I hope you appreciated this article. As a special bonus, all new monthly gifts made today will be matched as 12X their value thanks to the generosity of the Lenfest Institute for Journalism. Penn State's Eric Barron third highest paid public university president We're always interested in hearing about news in our community. So it is money thats going back to the university for those services.. In 1998-99, Ohio State s average faculty salary was $66,890, which was 1.9 percent below the benchmark average of $68,170. ], Proposed Naming of the Building Located at 2137 Research Drive, State College in CATO Park to the Lidia Manson Building CATO Park (Action Item 2), Proposed Authorization to Expend Funds, ICA Facility Investments, University Park (Action Item 3), [Approval of $7.5 Million Intercollegiate Athletics (ICA) spending, financed via debt, to add a video board, sound system, and other ancillary items to the football practice fields.]. An email has been sent to with a link to confirm list signup. The average Board Member salary in Texas is $72,974 as of January 26, 2023, but the range typically falls between $56,258 and $90,123. A board of trustees is a group appointed to preside over a nonprofit, charitable foundation or business. Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. Randolph Houston will also assume a two-year seat as the immediate past president of the Penn State Alumni Association, replacing Wagman. The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. Penn State Greek Life has faced multiple scandals and allegations of misconduct, including the death of a freshman in 2009. Now join thousands of your friends and neighbors in supporting it. Several of these action items have further details; you can read the published agenda and supporting materials that include details of the history of increases to Room and Board. The fine increases to $500 to $2,000 for subsequent offenses. This is the story of her high-wire act. I encourage you to watch it in its entirety. But considering a more robust set of factors, including the consideration that TESLA might become a future market leader in a rapidly growing business, or that TESLAs leadership team had a strong track record of successful innovation a prudent investment manager might very well have made that investment. Spotlight PA relies on funding from The non-trustee members of all other bodies, boards of advisors and other boards and formed by the Trustees, with the exception of the Investment Board and the Penn Medicine Board and Penn Medicine Executive Committee, shall be nominated by the Chair of the Trustees and the President and elected by the Trustees for terms of three years unless . February 28, 2023. Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. But I am not an advocate for the prices we have paid for many of those projects. Penn State University has not reimbursed Pa. State Police for security at Proud Boys event, Penn State paid state, local police almost $1.9 million for 2021 home football game security. Alice W. Pope (2023) Retired Associate Professor, Department of Psychology, Brandon D. Short (2024) Executive Director and Portfolio Manager, PGIM Real Estate. During the Sept. 22 governance committee meeting, David Kleppinger, a governor-appointed trustee, said the board supports university-operated services. The Town Hall, held via ZOOM session, was put together by PS4RS - and is available at the link below. Penn State Nittany Lions -- Joe Paterno did business with leaders of Interested to expand my network of PSU alums because all voices deserve to be heard, and all are . This will provide the best opportunity for the university to be responsive to the desires of its lifeblood those who are and were educated by Penn State. Right now, we are not even close in fundraising. STATE COLLEGE, Pa. - Penn State's Board of Trustees elected banking executive Karen Peetz to lead the embattled board and help the school negotiate the aftermath of a nightmarish child. The bulk of those expenses are for lodging, meals and break services, and other services, and that most of those are provided by university entities, Kleppinger said. Nicholas J. Rowland (2024) Professor of Sociology. Next, the citizens of Pennsylvania and the commonwealth itself have some stake in the university since the name Pennsylvania State University implies a connection. For example, the largest university in the state by budget the University of Pennsylvania, whose $12.7 billion total operating budget and $3.7 billion academic operating budget exceed Penn States $7.7 billion and $2.7 billion respectively has over 50 members on their Board of Trustees. On this Wikipedia the language links are at the top of the page across from the article title. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. The law allows for fines ranging from $100 to $1,000, plus the cost of prosecution, for a first offense. The board's Subcommittee on Compensation said his salary got bumped . Director of Operations,PA Municipal League. For the past six meetings, the trustees spent more than $75,000 total, or an average of roughly $12,500 per meeting. Julie Anna Potts (2024) President and CEO. Sign up for our region. Learn more about who members represent on the Elections page. Everyone deserves access to the facts. Especially in tighter economic times, people should not be forced to choose between the essentials, and essential news. Barron, who's set to retire in June, will now receive an annual salary of $876,612 about $21,000 more than last year. The Project Gutenberg eBook of Historic Jamaica, by Frank Cundall This eBook is for the use of anyone anywhere in the United States and most other parts of the world at no cost an Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. Penn State distances itself from past diversity proposals while launching similar efforts, Penn State trustees heard universitys diversity plan in secret 2021 gathering. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. The star. (Reynoldsville, Pa.) 1892-1946, March 12, 1902, Image 5 The Daily is reporting that former Penn State head football coach Joe Paterno had close business ties with board members of The Second Mile, the charity founded by alleged child molester and former Nittany Lions assistant coach Jerry Sandusky. Who are the people most likely to do the right thing? The press. (Philadelphia [Pa.]) 1857-1880, October 01, 1857, Image 3 Penn State alumni trustees: Freeh report on Sandusky case - pennlive And I am quite sure, those types of considerations have taken place within Penn States investment management. region. Participate in upcoming trustee elections and learn more about the candidates. (Closed on campus holidays). At the time, Penn State said Greek lifes self-governance model had failed to bring an end to excessive drinking, hazing, sexual assault and overly large disruptive gatherings within their organizations.. Our journalism is produced to serve the public interest not profit motives. Donate to the Collegian by clicking the button below. Eric Hagarty, Acting Secretary, Department of Education, Abraham Amors (2024) Director of Operations, PA Municipal League, Daniel J. Delligatti (2023) President and Owner/Operator, M&J Management Corporation, J. Alex Hartzler (2022) Managing Partner & Founder, WCI Partners, LP, David M. Kleppinger (2022) Chairman Emeritus, McNees Wallace and Nurick, LLC (, Stanley I. Rapp (2023) Partner, Greenlee Partners, LLC, Governor's Non-Voting Representative: William S. Shipley, III, Chairman, Shipley Group. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. The board uses The Penn Stater Hotel & Conference Center which the university owns but is expected to sell this fall for some of its meetings at University Park. Things are working, so whats the problem? Copyright 2023 MH Sub I, LLC dba Nolo Self-help services may not be permitted in all states. Nevertheless, the President, Graham B. Spanier and Vice President Gary C. Schultz and Athletic Director T. M. Curley with other cover Sandusky behavior form Board of Trustees. Costs that are as much as double the costs incurred by many of our Big10 cohorts for similar projects, as I have discussed here. Its management that is concerned with the day-to-day operation of Penn State. We on this Board might think that adding the ESG language is not a change from that type of decision making process. But I am not an advocate for the prices we have paid for many of those projects. www.gutenberg.org In January 2010, she was recruited to come to Penn State as the University's first general counsel, establish the Office of General Counsel and assist in recruiting a permanent general counsel. Check the list of upcoming meetings and recent news for more information on livestream dates and times. He was a member of the Penn State Board of Trustees, and served as both its president and vice president. ]. By participating in elections, attending meetings, and. STATE COLLEGE Penn States Board of Trustees spent nearly $318,000 on its past six in-person meetings, covering the travel, lodging, food, and other expenses of attendees, according to newly released records. President and Owner/Operator,M & J Management Corp. Chairman Emeritus, McNees Wallace and Nurick LLC(Vice Chair of theBoard of Trustees), Executive Vice President and Chief Corporate Affairs Officer, Highmark Health, CEO, Buffalo Bills, Buffalo Sabres, and JKLM Energy, LLC, Attorney and Founder, Law Offices of Alvin F. de Levie, Registered Investment Advisor and Securities Principal, Director, Air Quality Life Index (AQLI) and Air Quality Programs,Energy Policy Institute,University of Chicago. In recent years, these requests for taxpayer dollars have averaged over $500 million per year, over and above the "General Appropriation". I was recently talking to a seasoned Microsoft programmer who has to remind his younger counterparts that just because no one is complaining about a piece of software functionality doesnt mean its working. After a bit of a hiatus, Been There, Done That Podcast co-hosts Sarah Pellis and Lindsey Sauerhaft return for a new addition of the podcast. Penn students want voting rights on its board of trustees, like some other colleges. There was an error processing your request. A Penn State trustee who led the board after the Jerry Sandusky scandal will be stepping down next week. Penn State recorded 45 violations among IFC organizations during the spring 2017 semester. Junker joined Marine Bank in 1964. Penn State operated at a $166 million deficit the last academic year, using its central reserves to off-set the shortfall, with Thorndike acknowledging such a practice is not sustainable. Share feedback on issues related to the Boards responsibility for governing and stewarding the University using an anonymous feedback form. We need to have our eyes wide open as we consider this change, with regard to what it will mean long-term. Wyatt DuBois, a spokesperson for Penn State, said in an emailed statement that costs for trustee meetings vary depending on location, attendance, and the agenda. In the exercise of its responsibilities, the board delegates day-to-day management and control of the University to the president, with certain reserved powers as set forth in the Universitys bylaws. Ron Long, GCFE, ACE, DEI - Founder / Director Of Investigations Coming off a $127 million deficit last year, Penn State is under a blanket strategic hiring freeze until at least the summer of 2023 to help balance its budget. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. The trustees are unique in that they have two distinct advantages. Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST Then third, how do we define what the right thing is for Penn State? *President, The Pennsylvania State University, Secretary, Department of Conservation and Natural Resources, Acting Secretary, Department of Education. How often are Penn States private planes flying during a budget crunch? Which is why, here, in The World According to Hook, I am proposing that the right thing is to change the membership of the Board of Trustees. For fans of Harry Potter, in the prequel movie Fantastic Beasts: The Crimes of Grindelwald, Albus Dumbledore tells Newt Scamander the following: Do you know why I admire you, Newt? This may be one of those times when the old adage, Ignorance is bliss might be more conducive to a positive alumni mindset. Error! More Local News to Love Start today for 50% off Expires 3/6/23, creation of a new vice president position, regularly holding private meetings that potentially violate Pennsylvanias transparency law. Insurance Rates Raised. It's hard to argue with taking payment for your time and effort. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. But that is not what ESG investing is. An increase in tuition rates for students will also take effect.. A 2% general . Everyone deserves access to the facts. Robert M. Frey, Attorney-at-Law, Frey & Tiley, P.C. As a service to alumni and the public who were unable to access the live broadcast of the meeting, the following is an excerpt of the comments I prepared and the vote results for each agenda item. More perhaps than any man I know? (Action Item 7), [Amendments to the operating guidelines of the Boards subcommittee on compensation. Out of 710,381 eligible voters, 22,297 ballots were cast 105 of which were mail-in. Biden says he will sign resolution blocking D.C. crime law Elmwood Park, aa addition to the City ot Kansas, Jackson 000317. The IFC is an independent organization overseeing fraternities at Penn State that are part of the North-American Interfraternity Conference. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. In a statement, the university said it remains committed to the safety of all Penn State students and any changes in Greek life at Penn State would only be put into place after carefully considering how they would impact the well-being of our students., After publication, Penn State confirmed the proposed changes to Greek life oversight have not occurred. Adding the sentence citing social and environmental considerations to the existing language of The Universitys funds will be invested to achieve maximum return with an acceptable degree of risk may seem like a clear phrase, but it is not. At least mine. Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. Several of these action items have further details; you can read the. It's time for wealthy colleges to share the wealth (opinion) Also, the Philadelphia mayor and school board effusively praised the "historic gift" of the university. They have some skin in the game, as it were, and their personal connection with the university can be affected by what happens to and at Penn State. . It was an email that I had expected because a week or two before that trustee campaign signs started popping up on the streets around Happy Valley. This story was produced by the State College regional bureau of Spotlight PA, an independent, nonpartisan newsroom dedicated to investigative and public-service journalism for Pennsylvania. But Penn State's Board of Trustees didn't help the process, and even might have invited this latest round of speculation, by debating $48.3 million in football upgrades before approving the. Jim Piazza, Timothy Piazzas father, told Spotlight PA he was not informed that the rules were provisional. PDF AGENDA ITEM 3. - Pennsylvania State University Our journalism is produced to serve the public interest not profit motives. Penn State's Board of Trustees supported the 2017 changes, which included restrictions on socials, deferred recruitment from fall to spring semester, increased monitoring of Greek-letter organizations, and university oversight of misconduct adjudication. Since the university is an instrumentality of the Commonwealth of Pennsylvania, providing the essential government function of higher education, and receives 4.2% of its total operating budget and 11.1% of its general funds budget from the states appropriation, we should allocate 10% of the board seats to members chosen by the state in whatever manner the state chooses. Rudy Glocker, a Nittany Lion letterman on the ballot in the race, said Learn more about addressing the board and how to sign up. Some trusts set out a flat or hourly fee for the trustee, but that's not too common.