As announced by The Pennsylvania State University Board of Trustees Wednesday night, Bradley will assume head coaching duties for the Penn State Football team for the . our region. [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. 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 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. Lodging was the second-highest category of spending for the board during the most recent cycle. Writing well is important but our job . Many on the Board seem to think it does not indicate any change at all to the existing investment policy. The board comprises thirty-six voting members and two ex-officio non-voting membersthe President of the University and the Governor of the Commonwealth of Pennsylvania. Board of Trustees) dmk93@psu.edu Daniel A. Onorato (2025) Executive Vice President and Chief Corporate Affairs Officer, Highmark Health dao5287@psu.edu Terrence M. Pegula (2024) CEO, Buffalo Bills, Buffalo Sabres, and JKLM Energy, LLC tmp348@psu.edu Stanley I. Rapp (2023) Senior Partner, Greenlee Partners, LLC sir43@psu.edu Elected by Alumni It could get very expensive with regard to damaging the endowments investment performance - and all the fallout that entails. 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 board also paid $61,700 for Purchased University Services, though the reports offer limited details about those services. So it is money thats going back to the university for those services.. 2022 Board of Trustees election results announced | Penn State University Three incumbent trustees and five new members were elected or appointed to serve on the Penn State Board of Trustees today (May 6). You'll probably also be in charge of determining the amount of your own compensation. The board's Subcommittee on Compensation said his salary got bumped . Things are working, so whats the problem? 2023 Advance Local Media LLC. (Note: Trustee Lubrano voted Nay earlier in the Finance Committee meeting. The previous fiscal year, 2014-15, the trustee meetings cost nearly $406,000. Participate in upcoming trustee elections and learn more about the candidates. What happened to the arrest, use of force data Penn State police promised to release? 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. 4/30/21 4:05 am. His dad, brother, and sister all graduated from the university, along with at least 20 of his cousins. Anytime you incorporate non-financial restrictions, and limit options, you are going to be operating in a sub-optimal fiscal manner. Specifically, there are 38 members of the Penn State Board of Trustees (36 of whom have votes) and they are as follows: The reason this has become an exercise in futility for me is because we, the alumni, only choose nine of the 36 voting members of the board. The board also paid $61,700 for "Purchased University Services," though the reports offer limited details about those services. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. Don't charge a professional ratethe hundreds of dollars an hour that a lawyer or financial advisor might chargeunless you have and are using special skills that justify it. But I am not an advocate for the prices we have paid for many of those projects. He lauded the high education standards of the football team, that he prefers brain over brawn and then asked the audience why this so evident at Penn State. Our readers keep us independent, beholden to no outside influence, and accessible to everyone whether they can afford to pay for news, or not. The Board of Trustees will be asked to consider and approve Penn State's operating budget on July 15, 2021. Indiana University of Pennsylvania President Michael Driscoll was the top earner among the State System schools at $438,000. Julie Anna Potts (2024) President and CEO. 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. Among the planned upgrades are the . Trustees are usually not paid for their duties, but they sometimes are. 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. 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. Trustees are not paid and the university reimburses their travel expenses, though some board members forgo that reimbursement, DuBois said. Now join thousands of your friends and neighbors in supporting it. 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. Spotlight PAs free weekly newsletter and get our And I think the university is still not aggressive enough in going after the groups or the individuals that break the rules.. University Park, PA 16802, Phone: (814) 865-2521 Hello everyone, I am Taylar Tunstall, a second year biology major, chemistry minor from the. 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.. The trustee's payment comes from the trust assets. This is something that is never discussed, especially when Penn State Trustees lament over lack of State funding for the University. 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. Learn more about the purpose, goals, and members of each standing committee. Proposed Changes in Room and Board Charges for 2023-24 Academic Year. Editor in Chief. Then we should provide 5% of the board seats to the faculty and staff of the University so their voice can be heard in its governance. Who the stakeholders are, who will do the right thing, and what is the right thing. Lubrano also serves as the partial namesake for Penn State's campus baseball facility,. And because the living alumni to student ratio is about 7:1, that will be the ratio of the elected members from these constituencies. The COVID-19 Operations Control Center at Penn State released its plans for coronavirus mitigation, which will be in effect during May and the. . 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. 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. Spotlight PAs free weekly newsletter and get Penn State declined to say whether the university still oversees misconduct investigations involving Greek life. Learn more about addressing the board and how to sign up. Penn students want voting rights on its board of trustees, like some other colleges. Penn State's Board of Trustees elects, appoints incumbent trustees, new members, Sarah Pellis & Lindsey Sauerhaft | The Daily Collegian, Penn States Board of Trustees approves new engineering building, demolition of Hammond Building, Penn State releases May, summer semester coronavirus mitigation plan, New Interim Vice President of Student Affairs Andrea Dowhower leads evidence-based, student-centered approach, Our reflection on spring semester 2023 so far | Been There, Done That. 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. A little over a week ago, my annual email from the Penn State Board of Trustees appeared in my inbox, requesting that I cast my ballot for alumni-elected members to the board. Junker joined Marine Bank in 1964. He had eight years left of that ten-year . Sign up for Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST Spotlight PA is different. that include details of the history of increases to Room and Board. Will you do your part today by making a contribution? six ((). our exclusive reporting, plus the most important news and events from I dont believe any of them were deemed to be temporary, Piazza said. On this Wikipedia the language links are at the top of the page across from the article title. 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 There is always one very straightforward financial consideration: a trustee's compensation is taxable income. Receive all the latest news and events right to your inbox. Monday - Friday Then third, how do we define what the right thing is for Penn State? The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. This may be one of those times when the old adage, Ignorance is bliss might be more conducive to a positive alumni mindset. There was a problem saving your notification. The Town Hall, held via ZOOM session, was put together by PS4RS - and is available at the link below. 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. He first served on the Board of Trustees from 2012 through 2018 before winning another term in 2020.