do penn state board of trustees get paid

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. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. Retired Associate Professor, Department of Psychology,St. Penn States recent spending comes during a university-wide effort to tighten its belt and a recent tuition hike. Baylor Coach The article published May 28, 2016, by Mark Schlabach on ESPN titled, "Baylor to fire coach Art Briles after 8 Seasons," is about Sixty-year-old Art Briles in the process of finishing his extension of his ten-year contract for coaching football at Baylor University. An increase in tuition rates for students will also take effect.. A 2% general . When the video of the meeting is released I will post a link to it on my website, https://barryfenchak4trustee.com. Why isnt it on the hazing report? As Penn State's governing body, the Board of Trustees takes a holistic approach to guiding goals, policies, and procedures as well as reviewing and approving University budgets. From giant corporations to predatory hedge funds, a small number of billionaire owners have a powerful hold on so much of the information that reaches the public about whats happening here. You'll probably also be in charge of determining the amount of your own compensation. So it is money thats going back to the university for those services.. Penn State currently recognizes more than 60 Greek-letter organizations, grouped under four governing councils, and lists eight suspended fraternities on its website. 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. 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. I think they were all deemed to be permanent for the benefit and safety of the students.. 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. University officials said they are exploring other ways to increase revenue, which typically comes from tuition and state appropriations. To someone like myself, who works in the investment management field, considering other factors aside from pure financials is common and prudent. 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. That is what the William Penn University Board of Trustees does. Trustees spent around $318,000 on expenses like food and lodging during meetings for its 38 board . Participate in upcoming trustee elections and learn more about the candidates. In that capacity, she became involved in the Jerry Sandusky scandal. Penn States Lion Ambassadors were accused of hazing. Board of Trustees Developing great leaders is something we take pride in and is a major component of our curriculum. Brown, III (2022) President & CEO, KETCHConsulting, Inc. Alvin F. de Levie (2024) Attorney and Founder, Law Offices of Alvin F. de Levie, Barbara L. Doran (2022) CEO/CIO, BD8 Capital Partners, LLC. Indiana University of Pennsylvania President Michael Driscoll was the top earner among the State System schools at $438,000. The board also paid $61,700 for "Purchased University Services," though. 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 we have fallen well short of the mark in the last decade. 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. Receive all the latest news and events right to your inbox. 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. Let us know what's going on! foundations and readers like you The alumni trustees' report, co-signed by former trustees Anthony Lubrano and Ryan McCombie, and current board members Ted Brown, Barbara Doran, Robert Jubelirer, William Oldsey and Alice. Our journalism is produced to serve the public interest not profit motives. . And at the same time we will remove the futility some of us feel with the current trustee elections. The Penn State Board of Trustees is the 38-member[1] governing body for The Pennsylvania State University. This button displays the currently selected search type. ], 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.]. 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. 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. Editor in Chief. None of us, today, can know where this will end up. If we assign three board seats to the state, two to the faculty and one to the board for their use in filling a voice, we have a total of 30 trustees, and we hit our percentage goals above almost exactly. 2023Spotlight PA228 Walnut St., #11728Harrisburg, PA 17108-1728. For the past six meetings, the trustees spent more than $75,000 total, or an average of roughly $12,500 per meeting. [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]. Its members include the university's president, the Governor of the Commonwealth, and the state Secretaries of Agriculture, Conservation and Natural Resources, and Education, as well as a representative for the Governor. 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. Donate to the Collegian by clicking the button below. And because as trustee, you're in control of those assets, that means you're in charge of paying yourself. The Town Hall, held via ZOOM session, was put together by PS4RS - and is available at the link below. 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). Alvin de Levie and Steven Wagman were elected by university alumni as alumni trustees, and incumbent Brandon Short was reelected. Photo by Michael Tauriello | Onward State. The University of Pennsylvania's board of trustees is led by a New York City investment banker, one of many . 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 Email: bot@psu.edu, Hours: 8:00 a.m. to 5:00 p.m. EST As of 2022, the chair of the board of trustees is Matthew W. Schuyler, a graduate of Penn State and chief brand officer at Hilton. Spotlight PA is different. Penn State's Board of Trustees elected or appointed six incumbent trustees and five new members during its meeting Friday. Dan Greenstein, the new State System chancellor, who began working. Well, the above functions are the result of management. 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. DuBois said trustees use university-owned fleet vehicles and WPSU produced the video celebrating former university President Eric Barron, who retired in May. The costs of several items making up the Housing and Food Services (HFS) budget have increased, and it is criticalin my opinionthat HFS operate on a balanced budget. He rose through successive management positions before being named president in 1974 and CEO in 1983. SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. . Some trusts set out a flat or hourly fee for the trustee, but that's not too common. 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. Previously, independent Greek-letter councils oversaw misconduct investigations. Penn State Investment Council Resolutions (Action Item 6, 3 parts): Part 1:Amend bylaws to add Trustees to the Penn State Investment Council (PSIC), Part 2:Addition of language to state that the PSIC may take social and environmental considerations into account in the administration of the Universitys investments. spotlightpa.org/donate. Matthew W. Schuyler (2023) Chief Brand Officer. Randolph Houston will also assume a two-year seat as the immediate past president of the Penn State Alumni Association, replacing Wagman. They usually have or formerly had other careers and are happy to provide their expertise to a charitable organization. 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. I hope you appreciated this article. First, who are the stakeholders? The trustees are unique in that they have two distinct advantages. For this reason I voted NO on approving this project at this time. In July, the board voted to raise tuition by 5%-6% to help increase revenue. . In three of the past four completed fiscal years, the boards annual spending was more than $300,000, the exception being the pandemic-affected 2020-21 fiscal year when the trustees spent $89,168, according to the finance reports. While its common for boards to cover the cost of doing business, details of the spending come as the university raises tuition and slashes spending to overcome a $127 million budget deficit. There were 1,068 write-in ballots. 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 . The legislation comes amid growing public concern regarding oversight on Penn State's Board. How often are Penn States private planes flying during a budget crunch? The press. If you value this reporting, please give a gift today at Get weekend previews and weekend recaps from The Daily Collegian Sports staff sent to your inbox. The university enacted more than a dozen changes to its oversight and compliance rules for Greek life after 19-year-old Timothy Piazza died at the Beta Theta Pi fraternity on campus. Director of Operations,PA Municipal League. 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. This is commonly referred to as ESG, or Environmental, Social, and Governance investing. The expense reports show the trustees paid the Penn Stater more than $100,400 for Meals and Break Services during meetings there. M. Abraham Harpster (2022) Co-Owner, Evergreen Farms, Inc. Chris R. Hoffman (2024) Vice President, Pennsylvania Farm Bureau, Mark H. Dambly (2023) President, Pennrose Properties, LLC. Spotlight PAs free weekly newsletter and get our 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. Your engagement with the board is critical and necessary to supporting the success and advancement of the University. exclusive reporting, plus the most important news and events from our Now lets translate that into action and create a new Board of Trustees! [6] Note: The date in parentheses following each name below indicates the year in which the term will expire. Although Boards of Advisors do not have fiduciary responsibility, the President, Provost and Board of Trustees rely heavily on these boards to help inform the work of the schools and centers. Success! our exclusive reporting, plus the most important news and events from 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. Monday - Friday Chairman Keith Masser sent an email to trustees around 8 p.m. Friday announcing that Karen P A board of trustees is a group appointed to preside over a nonprofit, charitable foundation or business. Two members selected by the faculty and staff. I was the teaching assistant for COMM 409: News Media Ethics - one of the only undergraduate teaching assistants at Penn State. The University's Official News Source. A final stakeholder is the faculty and staff of the university. For example, in May 2022, the board paid $10,858.54 for Barron video and Fleet.. 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. Trustees are usually not paid for their duties, but they sometimes are. You'll probably also be in charge of determining the amount of your own compensation. Please, The Penn State Board of Trustees met Friday, February 17th 2023 at the Penn Stater to vote on eight agenda action items. Junker joined Marine Bank in 1964. [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. ], This site requires JavaScript to run correctly. 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. . Story by Wyatt Massey of Spotlight PA State College. SUPPORT THIS JOURNALISM and help us reinvigorate local news in north-central Pennsylvania at spotlightpa.org/statecollege. Christopher Baxter You simply ask, is a thing right, in itself? Trustee spending peaked over the past decade during fiscal year 2015-16, when the board spent more than $415,000 on meetings, according to older financial reports. February 28, 2023. Cookie Settings/Do Not Sell My Personal Information. Lodging was the second-highest category of spending for the board during the most recent cycle. In some states, the information on this website may be considered a lawyer referral service. The Board of Trustees is Penn State's highest governing body established by the university's charter that holds responsibility for the "governance and welfare of the university and all interests pertaining thereto," according to the Penn State Board of Trustees website. The financial disclosures for the six meetings from September 2021 to July 2022 were among materials made available for the trustees Committee on Governance and Long-Range Planning meeting Sept. 22. Board membership is less stressful and time-consuming than earlier positions board members have taken on, while still offering an impressive income.

Weather Grosseto, Italy 10 Day, Nipher Middle School Staff, Sirius B Luminosity In Comparison To Sun, Articles D