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Term limits effect 25 percent turnover By David J. Craig The BU Board of Trustees recently elected three new members, business executives Bahaa Hariri (SMG’90) and Toshimasa Iue (GSM’89) and art collector and scholar Nasser D. Khalili (Hon.’03). Each has “strong ties to Boston University” and “wide-ranging professional and personal interests,” says Alan Leventhal, trustee chairman. “We are honored to have them on the Board.” They will attend their first Board meeting in October. Hariri, Iue, and Khalili were elected at a May 17 Board meeting, where it also was announced that the terms of 10 trustees will expire this fall, in accordance with the new reelection rules and term limits approved in April. Stepping down, effective at the annual October Board meeting, are Robert Brown, Gerald Cassidy, Earle Cooley (LAW’57), Dexter Dodge (SMG’56), Judie Friedberg-Chessin (SED’59), Leon Hirsch, James Howell, William Macauley (LAW’69), Edward Masterman, and Sir Brian Mawhinney. Several will be named honorary trustees and will join the University’s newly created Board of Overseers, where they will continue to contribute their time and expertise to the University. “On behalf of the Board and [BU President ad interim] Dr. Aram Chobanian, I would like to thank the outgoing trustees for their dedicated and long-term service to Boston University,” says Leventhal. “Their commitment and mark on the University have been extraordinary, and we very much look forward to the institution benefiting from their continued participation and support.” The three new trustees, all of whom are residents of foreign countries, will increase BU’s international presence, say University officials. Hariri, after graduating from BU in 1990, got his start in Saudi Arabia working for his family’s construction and development company, Saudi Oger, Ltd., and subsequently launched Exceed SA, an investment portfolio company of which he is president and CEO, in Geneva, Switzerland. He also started Horizon, a company that specializes in real estate and other development projects in Lebanon. Hariri continues to serve on the board and executive committee of Saudi Oger and is the chairman of the Al-Abdali Project in Jordan, a joint venture between Saudi Oger and Mawared, a state-owned corporation, to rebuild the city center of Amman. He is the son of Lebanese Prime Minister Rafik B. al-Hariri (Hon.’86), a BU honorary trustee, who gave the naming gift for the School of Management building. Iue, a native of Osaka, Japan, received his MBA from the School of Management in 1989. He is the executive vice president and CMO of Sanyo Electric Company, which dominates the world market for digital still cameras, key components of CD and DVD players, and rechargeable batteries for mobile phones, according to a recent story in London’s Financial Times. Iue is the division manager of group marketing for Sanyo and is CEO of four of Sanyo’s group operations: the Consumer Group, the Commercial Group, the International Group, and the Component Group. In 2003, he received SMG’s Alumni Award for Distinguished Service. Khalili is an art scholar, collector, and benefactor of international standing. Born in Iran, he wrote and published his first book by age 14. Since 1970, he has devoted his life to assembling the Khalili Collections, which cover a broad range of fields from arts of the Islamic world and Japanese art of the Meiji period to Indian and Swedish textiles and Spanish damascened metalwork. Combined, the Khalili Collections comprise more than 25,000 objects, one of the largest such collections ever assembled. Khalili is a graduate of the University of London’s School of Oriental and African Studies, where today he is an associate research professor, an honorary fellow, and a member of the school’s governing body. In 1989, the Khalili Family Trust endowed the Nasser D. Khalili Chair for Islamic Art at the school, the first of its kind at any university. “We believe that we have in place a strong, diverse, and committed Board,” says Leventhal, “whose members will be excellent ambassadors and stewards for Boston University.” The University’s new Board of Overseers, which will be chaired by Dexter Dodge, will include potential new trustees as well as former trustees. Its members will consult on special projects, assist with fundraising and community relations, provide advice and counsel, and recommend candidates for Board membership. The title of honorary trustee recognizes former Board members with many years of service who remain available to assist the University as requested by the Board or the president. |
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28
May 2004 |