INDIANAPOLIS (August 2, 2007) - Governor Mitch Daniels has reappointed one member of the Indiana University Board of Trustees and named three new trustees, including one student.
Stephen L. Ferguson, who was appointed to the board in 1998 by Governor Frank O'Bannon and has served as president since 2005, has been reappointed. Jack M. Gill, Ph.D., a scientist, philanthropist and entrepreneur; Derica W. Rice, a leading life sciences executive; and Arthur D. King, an undergraduate student are the board's newest members. Their terms begin immediately.
"When I say we must aim higher, it especially applies to our universities. Jack and Derica are world class talents with appreciation for the centrality of science and technology to our future and the greater place IU can play in it," said Daniels.
Ferguson, of Bloomington, is chairman of the board of Cook Group Incorporated, the parent company of companies worldwide involved in the research, development, manufacture and sale of medical devices. He earned his undergraduate degree from Wabash College and his law degree from Indiana University School of Law. Ferguson is on the board of directors of the Indiana Chamber of Commerce and is of counsel with the law firm Ferguson & Ferguson in Bloomington. He is also a former member of the Indiana Commission for Higher Education and the Indiana General Assembly.
Gill, of Houston, Texas, who earned his doctorate degree from Indiana University in 1962, is a 35-year veteran of Silicon Valley. He is a co-founder and managing director of Vanguard Ventures, a leading venture capital firm that helps build pioneering technology and life science companies. Gill joined the faculty at Harvard Medical School (HMS) in 1999 as a research scientist and lecturer and is senior advisor to the director of the Center for Innovative Minimally Invasive Therapy (CIMIT). He and his wife, Linda, founded The Gill Foundation of Texas ten years ago to focus on education and philanthropy and have provided gifts totaling more than $25 million to high schools, colleges and universities.
Gill's ties to IU include serving as a member of the Indiana University Deans' Advisory Boards of the Kelley School of Business and the School of Arts and Sciences as well as a director of the IU Foundation. He was named a 1999 winner of the Horatio Alger Award for Distinguished Americans.
Rice, of Carmel, is senior vice president and chief financial officer for Eli Lilly and Company and also serves as a member of the company's policy and strategy committee and operations committee. He earned his undergraduate degree from Kettering University (formerly the GMI Engineering & Management Institute) and his master's degree in business administration from Indiana University. Rice is a member of the board of directors of Clarian Health North and the Center for Leadership Development and the board of governors of the Indianapolis Museum of Art.
King, of Columbus, a junior, is a student in the Hutton Honors College and the Mitte Honors Business Program. He is president of the Indiana University Board of Aeons, an advisory group that serves as a link between the student body and the university president, and CEO of the Global Sales Leadership Society. King has interned for Spraylat Corporation in Shanghai, China, and at Cummins Inc. in Columbus.
The terms for Ferguson, Gill and Rice are three years; the student trustee serves for two years. Gill and Rice will replace Clarence W. Boone, Sr. and Jeffrey S. Cohen.
Earlier this summer, Sue H. Talbot of Bloomington, was re-elected by Indiana Alumni Association members for a third three-year term on the board.
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