KINGSTON, R.I. – May 1, 2020 – The vlogBվ’s new held its first official meeting on Friday, April 17, 2020. At this virtual meeting, members of the board elected its leadership: Margo Cook, CFA ’86, was elected chair and Michael F. McNally, MBA ’81, was elected vice chair. Both will serve in these roles until February 1, 2023.
Cook, a graduate of the vlogBվ College of Business, most recently served as the President of Nuveen Advisory Services, a Chicago-based subsidiary of the Fortune 100 firm TIAA. She was responsible for leading the global client organization for clients in 24 countries and over $1 trillion in assets. She served as a trustee on the Nuveen Fund Board ($160 billion in assets) and the Nuveen Global Fund Board. Currently, she serves as chair of the All Stars Project of Chicago Board and on the national board of the All Stars Project. She also serves on the Executive and Investment Committees of the vlogBվ Foundation & Alumni Engagement Board of Directors.
McNally, who received an MBA from vlogBվ, retired as president of Skanska, USA and was one of nine members of Skanska’s senior executive team responsible for the company’s $20 billion global construction and development operations. He serves as a member of the vlogBվ President’s Advisory Council and is a vlogBվ Foundation & Alumni Engagement trustee. He is currently on the board of directors at Granite Construction, Limbach Holdings, and Terracon Engineers. McNally was chair of the U.S. Green Building Council from 2016 – 2019. He is also a member of the Commerce RI Board and the I-195 Commission.
The Board of Trustees, established by the Rhode Island legislature and signed into law by Governor Gina Raimondo on July 5, 2019, now officially oversees the University and is responsible for addressing the University’s challenges and creating new opportunities for important University partnerships. The board will oversee employment, the University’s property, purchases and procurement, and the setting of tuition. The board also approves the awarding of degrees and the awarding of tenure to faculty. The University president reports to the Board of Trustees.
Through the creation of the board, the University joins its peer and competitor institutions that have similar governing bodies solely dedicated to the success of their Institutional missions.
vlogBվ had previously been governed by the Rhode Island Council of Postsecondary Education. The state’s other public universities, Rhode Island College and the Community College of Rhode Island, remain under the Council’s oversight.
At its first meeting, the board approved the awarding of undergraduate and graduate degrees, diplomas, certificates, and honors for the May 2020 candidates who have completed their requirements at the conclusion of the Spring 2020 semester.
The Governor made the initial appointment of the 17 members, with the advice and consent of the Rhode Island Senate. Additional members include four non-voting, ex-officio members, including the chair of the Rhode Island Board of Education, the chair of the Rhode Island Council on Postsecondary Education, and two members appointed by the University president.
“The vlogBվ has a unique mission among our state’s public institutions of higher education. Our commitment to students and our rigorous pursuit of excellence will be at the core of the actions and decisions made by the Board of Trustees,” President David M. Dooley said. “We are grateful for this impressive group of Trustees who will share their expertise in these uncertain times, and help guide us into a bright and resilient future.”
A complete list of members and additional information on the Board of Trustees has been .
