OREGON STATE UNIVERSITY

JIM RUDD TO LEAD OSU FOUNDATION BOARD OF TRUSTEES

10/26/2004

CORVALLIS - James Rudd, the CEO of Ferguson Wellman Capital Management, has been elected chair of the Oregon State University Foundation Board of Trustees.

As chair, he will work with OSU President Ed Ray and OSU Foundation CEO Mike Goodwin to plan and implement a major fund-raising campaign.

"Oregon State University is at a threshold," Rudd said. "The university has a solid strategic plan and an energized leadership team. But it will take the support of our alumni and donor family to move OSU to the next level."

According to Rudd, part of his role as board chair is to help spread excitement about OSU's mission of accessible education and practical research, both of which benefit Oregonians and Oregon businesses.

"This is a thrilling time to be connected to the university," Rudd said. "OSU is going places, and alumni and friends are stepping up to be a part of it."

In 2003-2004, donors gave $53.1 million to the OSU Foundation, one of the best years in its history. Major fund-raising projects have included the construction of the Kelley Engineering Center, the restoration of Weatherford Hall and the expansion of Reser Stadium. At the same time, the foundation has raised significant funding for scholarships, research and teaching.

Rudd has served on the OSU Foundation's governing board since 1999. In addition to his volunteer service for OSU, he is the past chairman of the Oregon Health & Science University Foundation, where he currently serves as campaign co-chair. He is also the former co-chairman of the United Way Annual Campaign. He has been honored with the 1994 Glenn L. Jackson Leadership Award from the Atkinson Graduate School of Management at Willamette University and was the 2002 recipient of the Aubrey R. Watzek Award from Lewis and Clark College. Rudd serves on the board of the Portland branch of the Federal Reserve Bank of San Francisco.

Rudd succeeds Bill Humphreys, president of Citizens Bank of Corvallis, who remains on the OSU Foundation Board of Trustees as past chair. Mark Kralj, a principal and portfolio manager for Ferguson Wellman, was appointed chair-elect.

At the same meeting, the OSU Foundation voted to change its governance structure, merging the Board of Governors into the Board of Trustees. Members of the former Board of Governors now serve as the executive committee of the trustees. This change will allow the more than 80 trustees to have more responsibility over the operations of the OSU Foundation and additional involvement in day-to-day fund-raising.

New members elected to the Board of Trustees for three-year terms were:

CALIFORNIA

  • Alamo Stephen Roath, retired president and CEO of Longs Drug Stores;
  • Los Altos Hills Bert Loughmiller, president of APM, Inc., a company that manufactures packaging for the food and wine industry;
  • Los Angeles A.C. Green, Jr., noted former NBA star, businessman and youth mentor;
  • Modesto Jim Coleman, co-president of E. & J. Gallo Winery;
  • Santa Barbara Patrick F. Stone, former president and CEO of Fidelity National Information Solutions; board member, Metrocities Mortgage;

OREGON

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  • Bend Harold J. Ashford, CPA;
  • Corvallis Peter E. Johnson, retired founder and owner of Tekmax, a company that produces battery manufacturing equipment;
  • Eugene Mike Solomon, regional manager of Farwest Steel Corporation;
  • West Linn Joanne Talbert, an associate broker with Coldwell Banker Barbara Sue Seal Properties, Inc.;

WASHINGTON

  • Vancouver Connie Kearney, retired lawyer, Clark County commissioner, and board member for the YWCA of Clark County and the Boys and Girls Clubs of Southwest Washington; James Youde, retired principal and founder of Northwest Economic Associates, Inc. and chairman of the Oregon Food Bank; Judith Youde, retired secretary, treasurer and CFO of Northwest Economic Associates, Inc.