In supporting Brown, Doran and Oldsey, grassroots group places premium on crisis management, financial and educational leadership, drastically outshining incumbent qualifications
March 24, 2013 —- More than anything, members of the alumni watchdog group Penn Staters for Responsible Stewardship (PS4RS) want to ensure that the two incumbent trustees up for re-election never see the inside of Old Main again. That’s why the organization, which now boasts 18,000 members – including more than 3,000 new in the last three weeks – created a lengthy and inclusive endorsement process to unseat those incumbents, as well as to fill a third, currently vacant alumni seat. In the name of trustworthy and transparent leadership at Penn State, PS4RS today announced its endorsement of trustee candidates Edward “Ted” Brown, III, Barbara L. Doran and William F. Oldsey, who will all be on election ballot to be issued April 10.
“There is no question that the PS4RS membership is endorsing three of the most dynamic and qualified candidates on the ballot,” said PS4RS founder Michelle Murosky. “These candidates were chosen by our election committee who first selected the Top Six from a field of 29 who completed the rigorous PS4RS application process. Then, PS4RS members, comprised of alumni, students and supporters of Penn State, selected the Top Three candidates during a week-long, online primary election.”
To win the PS4RS 2013 endorsement, the candidates first had make the “Top Six” by the election committee. The election committee asked candidates to indicate the highest priority issues for the Board of Trustees and the University over the next three to six years; amount of time available to dedicate as a board member, level of communication skills necessary to interact with alumni, students and other stakeholders; experience with boardroom organizational dynamics; previous Penn State involvement; and detailed professional and volunteer experience. Following the announcement of the “Top Six,” the passionate, active and knowledgeable membership of PS4RS had the opportunity to vote for up to three candidates in the PS4RS primary election. The candidates who received the most votes received PS4RS endorsement.
The weight of the PS4RS endorsement matters much if alumni are to achieve the change they are demanding, in the wake of the trustees’ much-criticized decisions related to their handling of the Sandusky scandal. “We’re completely astounded and thoroughly disgusted by the lack of leadership among our trustees,” Murosky said. “They were first caught flat-footed in November 2011, which should have been cause enough for their dismissal. Since then, however, they’ve allowed Louis Freeh to unleash a false and damaging narrative, permitted the NCAA to unfairly sanction Penn State, cost the school and surrounding community hundreds of millions of dollars, exhibited a poor showing, at best, at the recent Pennsylvania Senate hearings, and have continually placed the University in harm’s way, with absolutely no form of defense.”
Murosky emphasized that PS4RS will support the candidacies of Brown, Doran and Oldsey through its membership for the duration of the election. Each candidate will receive space on the group’s website to share their platforms, views and thoughts. Further, the three endorsed candidates will be beneficiaries of a member-funded ad campaign to boost their visibility among voting alumni. “PS4RS set out to endorse three candidates who are the very best representatives of Penn State in thought, word and deed. We very much look forward to the leadership that Mr. Brown, Ms. Doran and Mr. Oldsey will provide to the university during this time of crisis.”
The Penn Staters for Responsible Stewardship 2013 endorsement was awarded to:
• Ballot Position 07 – Edward “Ted” B. Brown III ’68, Sci, resides in State College, Pa.
o Mr. Brown is President & CEO of KETCHConsulting, a crisis management, disaster recovery and business continuity consulting firm. He is responsible for corporate strategy, business management, interfacing with the media, and being the “face” of KETCH. Brown is President of Penn State’s Parmi Nous AIG and a board member of the Centre County Chapter of the Penn State Alumni Association. As the only candidate with crisis management experience, if elected, Brown hopes to chair a new committee of the Board of Trustees: the Crisis Management Committee.
• Ballot Position 22 – Barbara Doran, ’75, Lib, resides in New York, NY
o Ms. Doran is a wealth management and portfolio manager at Morgan Stanley, with a specialty in equity and hedge fund investing. A graduate of the Harvard Business School, she is a former research investment officer of Neuberger Berman, where she co-managed the equity research department and a technology fund. Doran has served on the Board of Advisors for Outward Bound for more than 15 years and has been a volunteer on Penn State’s “For the Future” Campaign. She was endorsed by PS4RS in 2012, and placed fourth in the overall alumni trustee voting in 2012.
• Ballot Position 36 – William F. Oldsey ’76, Lib, resides in Basking Ridge, NJ and State College, Pa.
o Mr. Oldsey is a self-employed strategic advisor in the areas of publishing, educational technology, media and digital learning. He consults with strategic advisory firms, investment banks and media companies leveraging 33 years of management and leadership experience. Oldsey was formerly an Executive Vice President with McGraw-Hill Education and President of Pearson Education International Group. He has been very active in development for Penn State’s College of Liberal Arts. If elected, Oldsey is committed to making his trustee responsibilities “job one.”
Penn Staters for Responsible Stewardship, with more than 18,000 members worldwide, was formed to effect positive change within the Penn State University Board of Trustees. For further information on PS4RS, please visit http://www.PS4RS.org, email firstname.lastname@example.org, or go to http://www.facebook.com/PS4RS. Follow PS4RS on Twitter at @PS4RS.