Administration

Trustees hear reports, take action on items during September meeting

The Nittany Lion Shrine on Penn State's University Park campus. Credit: L. Reidar Jensen / Penn StateCreative Commons

UNIVERSITY PARK, Pa. — During the full session of the Penn State Board of Trustees on Friday, Sept. 16, at the Penn Stater Conference Center Hotel, the board heard reports and took action on a number of items.

Provost updated trustees on implementation of University’s strategic plan

Published in February, Penn State’s strategic plan articulates the University’s mission, vision and values, as well as foundations, thematic priorities and supporting elements, for 2016 through 2020.

Executive Vice President and Provost Nicholas Jones updated the board on the steps being taken and the processes that have been put in place to ensure that the University achieves the goals set forth in the plan.

President, four executives granted modest pay increases

The Board of Trustees approved a salary increase for President 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.

Plans for Chemical and Biomedical Engineering Building approved by Trustees

The trustees approved final plans for a new chemical and biomedical engineering building at University Park, at an estimated cost of $144 million. The new building, scheduled to open in 2019, will co-house the departments of Chemical Engineering and Biomedical Engineering on the current site of Fenske Laboratory, near the intersection of Curtin and Shortlidge roads.

Moore named vice president for Government and Community Relations

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 Board of Trustees.

Penn State’s long-term investment pool valued at $3.62 billion

The University’s Office of Investment Management submitted the semi-annual report on the University’s long-term investment pool (LTIP) to the Board of Trustees. The total market value of the University’s LTIP was valued at $3.62 billion as of June 30, 2016.

Alumni Association reports on progress, unveils roadmap for the future

The Penn State Alumni Association’s worldwide engagement efforts and volunteer impact were outlined by Alumni Association Chief Executive Officer Paul J. Clifford in a report to the board. Clifford reported on the Alumni Association’s progress during the past year and offered insight into the organization’s “Vision 2020” strategic plan.

Trustees approve building project for Human Resources’ Shared Services Center

Plans for the creation of a Human Resources Shared Services Center (SSC) took a crucial step forward after the trustees approved the lease and capital improvements for the SSC’s space within the 331 Building at Innovation Park.

The HR Shared Services Center will occupy the first and second floors of 331 Building, approximately 40,200 square feet, and house approximately 170-200 of the 250 Human Resources’ employees currently dispersed across the University.

Last Updated September 18, 2016