Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. Tho Underwriters Association of the middle department, comprising Penn sylvania, Maryland, Delaware, New Jersey, West Virginia nnd tho District of Columbia, has notified the agents of Reynoldsvillo of tho advnneo In fire in surance rates, which took effect March 1, 1902. Because Microsoft is able to track error messages and other dysfunctions on its products in real-time, they, in most cases, get instantaneous feedback on their products. You simply ask, is a thing right, in itself? So there we have all our criteria. Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. The board has made some, and continues to explore, changes to reduce costs, including remote off-cycle committee meetings, remote attendance for trustees, moving the full board meeting to the Eric J. Barron Innovation Hub Building, limiting the number of administrators and staff who are working at meetings and changing streaming services from WPSU to Microsoft Teams managed by Penn State IT, DuBois said. Thats what causes my feelings of futility. The structure of Penn States Board of Trustees, while never a secret, has been discussed at length by so many people in the weeks, months and years after the events of November 2011, that I am usually able to recite its makeup without any reference material. If it's left to you to come up with a "reasonable" fee, here are a couple of ways you might go about the task: After all, an executor's work is often very similar to that of a trustee. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. But I know we can be and have been in the past. What happened to the arrest, use of force data Penn State police promised to release? This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Last year, USC's. Check the list of upcoming meetings and recent news for more information on livestream dates and times. The trustees, on the other hand, are the governance that sets the strategies and policies of Penn State. 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. Steven B. Wagman (2024) National Healthcare Business Leader, Randall Randy E. Black (2023) CEO and President, First Citizens Community Bank, Donald W. Cairns (2024) Owner/Operator, Cairns Family Farm. The board also paid $61,700 for "Purchased University Services," though. You'll have to report it on your annual income tax return, and pay tax on it. If you value this reporting, please give a gift today at Spotlight PA is funded by foundations and readers like you who are committed to accountability and public-service journalism that gets results. First, who are the stakeholders? Though he was armed with a few sub-contract orders from the Tamil Nadu Electricity Board, he failed to obtain a business loan from any banks. Employees have questioned university leadership about a $71,000 raise for a top administrator, the creation of a new vice president position during the hiring freeze, and increases to employees workloads at a time when wages are outpaced by inflation. Board of Trustees | Penn State University. . [4] Regular meetings of the board are held bi-monthly and take place primarily on the University Park campus, although on occasion meetings are held at other locations within the Commonwealth.[5]. In some states, the information on this website may be considered a lawyer referral service. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Professors, administrators and staff are being hired, producing work, managing others, getting paid and retiring. The 38-member board spent more than $155,500 on food and associated costs for the gatherings an average of nearly $26,000 for each two-day event. Edward P. Junker, III, Retired Vice Chairman, Robert D. Metzgar, Former President, North Penn Pipe & Supply, Incorporated, L. J. Rowell, Jr., Retired Chairman and Chief Executive Officer, Provident Mutual Life Insurance, Kevin R. Steele, Past President, Penn State Alumni Association, Cecile M. Springer, President, Springer Associates, Paul V. Suhey, Orthopedic Surgeon, Martin & Suhey Orthopedics, Boyd E. Wolff, Retired, Owner and Operator Wolfden Farms. I encourage you to watch it in its entirety. I hope you appreciated this article. Consider it just one more family responsibility, which you meet because it's the right thing to do, not because you're being paid for it. [6] Note: The date in parentheses following each name below indicates the year in which the term will expire. trustee, the follpwlng (described real estate, situated In the county of Jackson and state ot Missouri, to wlt: All ot the south twenty-five (35) feet of lot three (3). 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. foundations and readers like you The structure of Penn State's Board of Trustees, while never a secret, has been discussed at length by so many people in the weeks, months and years after the events of November 2011, that. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . Robert E. Fenza (2024) Retired Chief Operating Officer, Walter C. Rakowich (2023) Retired Chief Executive Officer, Prologis, Mary Lee Schneider (2024) Former President and CEO, SG360, Kathleen L. Casey (2022) Senior Advisor, Patomak Global Partners, LLC; KLC Consulting Group, LLC. Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. Going through the highlights of the Penn State and State College news so you don't have to. ), Proposed Purchase of Property at 131-151 Mendels Way, Benner Township, Centre County (Action Item 5), [This purchase will provide real estate to further Penn States Agricultural Research efforts.]. (Note: Trustee Lubrano voted Nay earlier in the Finance Committee meeting. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. Steve A. Garban, Senior Vice President for Finance and Operations/Treasurer Emeritus. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. . And it also enables us to share that work with more than 90 newsroom partners in your community and communities across the state at no charge. Youve been reading our work. 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 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. 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. Johns University, Executive Director and Portfolio Manager,PGIM Real Estate, National Healthcare Business Leader, Siemens Industry, Inc. Smart Infrastructure Division, CEO and President,First Citizens Community Bank, Senior Vice President,Senior Commercial Banker,Reliance Bank, Retired Chief Operating Officer, Liberty Property Trust, Retired President,CEO and Director,ADT Corporation, Retired Chief Executive Officer, Prologis, Former Project Manager,The Vanguard Group, President and CEO, North American Meat Institute, Chief Brand Officer, Hilton(Chair of theBoard of Trustees), College of the Liberal Arts, Penn State University, Professor of Sociology,Penn State Altoona, Assistant General Counsel, Buzzfeed, Inc.; Immediate Past President, Penn State Alumni Association, Office of the Board of Trustees 4/30/21 4:05 am. Piazza added that he believes the 2017 measures were a good start but did not go far enough. The Board of Trustees will be asked to consider and approve Penn State's operating budget on July 15, 2021. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. fees paid from the Penn State endowment to outside investment advisors had averaged $10 . Anytime you incorporate non-financial restrictions, and limit options, you are going to be operating in a sub-optimal fiscal manner. How often are Penn States private planes flying during a budget crunch? If you purchase a product or register for an account through one of the links on our site, we may receive compensation. 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. Proposed Changes in Room and Board Charges for 2023-24 Academic Year. Because the alumni-elected members only constitute one-quarter of the voting members of the board it appears to me that the opinions of those alumni members could easily be ignored or minimized, regardless of the worth of those opinions. However, the document notes that hazing and other safety concerns, including sexual misconduct remain a concern and returning to full self-governance, especially for Greek groups connected to the Interfraternity Council, could undo positive changes gained from the 2017 changes. Typically, either the trust document or state law says that trustees can be paid a "reasonable" amount for their work. Sent every Friday and Monday. They are the ones whose association with the university is affected the most by what happens to and at Penn State both positive or negative. For certain, those who advocate for ESG interpret that language as something very, very different. I was the teaching assistant for COMM 409: News Media Ethics - one of the only undergraduate teaching assistants at Penn State. This is the story of her high-wire act. Chairman Keith Masser sent an email to trustees around 8 p.m. Friday announcing that Karen P Penn State trustees on Friday promised to move forward with a detailed evaluation of changes recommended by former FBI director Louis Freeh in response to the child sex-abuse scandal that . 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. Julie Anna Potts (2024) President and CEO. Costs that are as much as double the costs incurred by many of our Big10 cohorts for similar projects, as I have discussed, Lubrano voted Nay earlier in the Finance Committee meeting. Spotlight PA relies on funding from But that is not what ESG investing is. If you're interested in submitting a Letter to the Editor, click here. (Philadelphia [Pa.]) 1857-1880, October 01, 1857, Image 3, brought to you by Penn State University Libraries; University Park, PA, and the National Digital Newspaper Program. With gratitude, We dont believe vital investigative and public-service journalism should be hidden behind a paywall or only for those who can afford a subscription fee. By participating in elections, attending meetings, and. ], 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.]. A committee of the Board of Trustees, including many of its most influential leaders, has also come under scrutiny for regularly holding private meetings that potentially violate Pennsylvanias transparency law. And it also enables us to share that work with more than 90 newsroom partners in your community and communities across the state at no charge. President Neeli Bendapudi also implemented a sweeping 3% budget cut. 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. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. Among the planned upgrades are the . During its May 7 meeting, the Penn State Board of Trustee's Committee on Governance and Long. Andrew Solender / Axios: Biden says he will sign resolution blocking D.C. crime law President Biden said Thursday he would sign a GOP-led resolution to block changes to Washington, D.C.'s local criminal code that reduce maximum penalties for some violent crimes. our exclusive reporting, plus the most important news and events from Sign up today! A committee of the Board of Trustees, including many of its most influential leaders, has also come under scrutiny for regularly holding private meetings that potentially violate Pennsylvanias transparency law. Hundreds of Penn State faculty are publicly and privately questioning university leadership. [3], The main responsibilities of the board are to select the president of Penn State, to determine the goals and strategic direction of the University, and to approve the annual budget. We on this Board might think that adding the ESG language is not a change from that type of decision making process. Right now, we are not even close in fundraising. Trustees spent around $318,000 on expenses like food and lodging during meetings for its 38 board . Prior to publication of this story, Spotlight PA asked the university whether these changes which the school framed in the November memo as next steps had been implemented. In 2015, the university suspended a fraternity for violations that included members posting pictures of nude women, who were possibly unconscious, on a private Facebook page. Megan Swift is the editor-in-chief of The Daily Collegian. Editor in Chief. Then third, how do we define what the right thing is for Penn State? Robert M. Frey, Attorney-at-Law, Frey & Tiley, P.C. Valerie L. Detwiler (2022) Senior Vice President, Senior Commercial Banker, Lynn A. Dietrich (2023) Retired Professional Engineer (PE). The board also paid $61,700 for "Purchased University Services," though the reports offer limited details about those services. Who the stakeholders are, who will do the right thing, and what is the right thing. At least mine. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. Sent every Thursday. 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. In partnership with the president, the board seeks to advance the institution while acting in the best interests of the University community. In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. 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. 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. [2] Undergraduate students do not elect any trustees; the court case Benner v. Oswald ruled that the Equal Protection Clause of the Fourteenth Amendment did not require the undergraduate students be allowed to participate in the selection of trustees. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income. Furthermore, in Penn State University there were people in high place that know about Sandusky behavior and did nothing. region. We have no billionaire owner or shareholders to consider. This is something that is never discussed, especially when Penn State Trustees lament over lack of State funding for the University. Last semester, the university recorded more than 30 violations of hazing, alcohol misuse, or sexual misconduct among IFC organizations. In the alumni election, the distribution of votes per candidate was as follows: Additionally, Donald Cairns was elected and incumbent Chris Hoffman was reelected by the delegates of agricultural societies, Robert Fenza and Mary Lee Schneider were reelected as trustees representing business and industry, Julie Anna Potts was reelected as an at-large trustee and Nicholas Rowland was elected as the boards academic trustee. The median compensation for members of. foundations and readers like you In a statement, DuBois said the board is aware of meeting costs and has worked for years to save money. The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. If you think other inheritors or family members will resent you for taking a fee, and you'd rather avoid the strain on relationships, you might decide that a fee just isn't worth it. Editor in Chief. The selection of an accounting and audit firm for Penn State. Thanks for reading Barry Fenchak For Penn State Trustee! Our journalism is produced to serve the public interest not profit motives. The board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. An email has been sent to with a link to confirm list signup. 843 Words4 Pages. 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. Now join thousands of your friends and neighbors in supporting it. Sign up for our regional newsletter, Talk of the Town. the success and advancement of the University. 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. 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. Stay up to date on the boards activities and get involved. 2023 Advance Local Media LLC. Proposed Authorization to Engage External Auditors (Action Item 1). I think the monitoring should be enhanced, he said. Get weekend previews and weekend recaps from The Daily Collegian Sports staff sent to your inbox. A Penn State trustee who led the board after the Jerry Sandusky scandal will be stepping down next week. She also served as Chair of the Penn State Board of Trustees from 2004-2007. Now lets translate that into action and create a new Board of Trustees! Elected by Delegates from Agricultural Societies, Elected by Board Representing Business and Industry, Immediate Past President, Alumni Association, Pennsylvania Department of Conservation and Natural Resources, "Matthew W. Schuyler | Office of the Board of Trustees", "Role of the Board of Trustees in University Governance", https://en.wikipedia.org/w/index.php?title=Penn_State_Board_of_Trustees&oldid=1137371012, Creative Commons Attribution-ShareAlike License 3.0. 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. YouTubes privacy policy is available here and YouTubes terms of service is available here. Spotlight PA is different. Retired Associate Professor, Department of Psychology,St. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. This leads us to the question of how many total Trustees should Penn State have? For its July meeting at the universitys York campus, the board paid $17,800 on Reception/Dinner expenses. I am a strong advocate for inclusion of Trustees on the PSIC. The board's Subcommittee on Compensation said his salary got bumped . Christopher Baxter Mycommitment is to continue to work with each of you to ensure our focus, as a board, remains on strategic matters such as affordability, financial management, innovation, the future of higher education and ensuring Penn State is an inclusive environment for all., Your engagement with the board is critical and necessary to support. 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. Most trustees are entitled to payment for their work managing and distributing trust assetsjust like executors of wills. ], This site requires JavaScript to run correctly. Penn State declined to say whether the university still oversees misconduct investigations involving Greek life. 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? Next, the citizens of Pennsylvania and the commonwealth itself have some stake in the university since the name Pennsylvania State University implies a connection. It is well past time that we at least equal the efforts of our Big10 peers and commit to raising funds first, and THEN stick shovels into the dirt.. Your engagement with the board is critical and necessary to supporting the success and advancement of the University. Roth and trustees David . Wyatt Massey of Spotlight PA State College, creation of a new vice president position, regularly holding private meetings that potentially violate Pennsylvanias transparency law, Unequal election policies disenfranchised Pennsylvania voters in 2022, by Kate Huangpu of Spotlight PA and Carter Walker of Votebeat, How anxiety came to dominate the big business of medical marijuana cards in Pennsylvania, Thousands of Pa. homeowners feel stuck in a high-stakes game of telephone with their homes, vital utilities on the line, What the public can and cant know about Four Diamonds, beneficiary of Penn State THONs fundraising, Grudges, tribalism, and infighting rife in Pennsylvania borough that hired the cop who killed Tamir Rice, by Min Xian of Spotlight PA State College, A complete guide and amendment tracker for proposed changes to Pennsylvanias Constitution, Penn State distances itself from past diversity proposals while launching similar efforts, by Wyatt Massey of Spotlight PA State College, Penn State trustees heard universitys diversity plan in secret 2021 gathering. 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.. 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.
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