Plans for the creation of a Human Resources Shared Services Center (SSC) took a crucial step forward after the Board of Trustees approved the lease and capital improvements for the SSC’s space within the 331 Building at Innovation Park during the Sept. 16 meeting.
The Penn State Alumni Association’s worldwide engagement efforts and volunteer impact were outlined today (Sept. 16) by Alumni Association Chief Executive Officer Paul J. Clifford in a report to the Board of Trustees during its regular meeting.
The University’s Office of Investment Management submitted the semi-annual report on the University’s long-term investment pool (LTIP) to the Penn State Board of Trustees today (Sept. 16). The total market value of the University’s LTIP was valued at $3.62 billion as of June 30, 2016.
Zack Moore, assistant vice president for governmental affairs at Penn State, has been named the University’s new vice president for Government and Community Relations, effective Sept. 16, following a vote by the Penn State Board of Trustees.
The Penn State Board of Trustees today (Sept. 16) approved a salary increase for President Eric Barron based on the recommendation of its Committee on Compensation. The board also received information on increases granted to four other University executives. All of the raises are in line with the general salary increase program for the entire University.
Tenured and tenure-track positions make up 47.5 percent of Penn State faculty, according to Vice Provost for Academic Affairs Blannie Bowen. Bowen reviewed statistical information about Penn State’s faculty along with the University’s tenure policies and procedures at the Board of Trustees Committee on Academic Affairs and Student Life today (Sept. 15).
Student government leaders will have a greater presence on Penn State Board of Trustees committees, starting at the next meeting in September. The presidents and vice presidents from the University Park Undergraduate Association (UPUA), Graduate and Professional Student Association (GPSA) and the Council of Commonwealth Student Governments (CCSG) will each sit on one of six committees. This is an expansion from the four committees that currently have student representation. The students will hold non-voting seats on the committees.
During its regularly scheduled meeting in Hershey, Penn State's Board of Trustees took action on a number of items Friday (Feb. 26).
The Penn State Board of Trustees on Friday (Nov. 20) approved final plans for the Adler Athletic Complex Renovation and Addition at Penn State Altoona and authorized the expenditure of $24.5 million on the project to support intramural and Division III athletic programs, as well as a new kinesiology program.
The Committee on Finance, Business and Capital Planning on Thursday (Nov. 19) heard a request for $18.5 million in additional funds for implementation of the new vendor-based Human Resources Information System project, called WorkLion.
The Penn State Board of Trustees Committee on Finance, Business and Capital Planning on Thursday (Nov. 19) recommended for approval a 2016-17 budget plan that includes a request to the Commonwealth of Pennsylvania to increase the University’s Education and General appropriation by $39.5 million and a total appropriation of $353.3 million.
Penn State's Board of Trustees will elect a new chair and vice chair at its Friday, Jan. 18, public meeting at the University Park campus, and has received an expression of interest in leadership positions from the following trustee candidates:
-- Chair, Board of Trustees: Keith E. Masser;
-- Vice Chair, Board of Trustees: Stephanie N. Deviney.
In addition to these candidates, nominations still may be made at the time of the election.
Penn State's Board of Trustees will hold a special meeting on Friday, Oct. 26, at The Penn Stater Conference Center Hotel to consider a resolution to authorize a subcommittee of the Board to approve possible settlements of claims made against the University related to the crimes of Jerry Sandusky. The special board meeting is scheduled to begin at 5 p.m. in room 108. Trustees can participate by phone or in person.
During a single landmark year, For the Future: The Campaign for Penn State Students has raised $353 million in new commitments, a record-breaking annual figure that tops the amount secured during the entirety of the University's first fundraising initiative, The Campaign for Penn State. The past fiscal year also has brought the campaign's overall commitments past the final results of the Grand Destiny campaign that concluded in 2003. The news came today (July 15) in a presentation by the For the Future chair, Peter G. Tombros, to the Penn State Board of Trustees.
At its meeting July 15, Penn State's Board of Trustees approved plans to renovate 8,000 square feet of classroom and laboratory space on two stories of the Breazeale Nuclear Reactor Building on Penn State's University Park campus, at a cost of $3.6 million. Improvements will include a new elevator and renovated bathrooms to comply with Americans with Disabilities Act mandates, and also will update all mechanical, electrical and plumbing systems on the ground level and first floor of the facility's west wing. Renovations will be complete by fall 2012.