The results are in. Ted Brown, Barbara Doran, Bill Oldsey and have won the 2016 alumni Board of Trustees election for the three open seats on the Board. The PS4RS-endorsed incumbents give the group its fourth straight sweep.
There were 23,147 votes in the election. Doran received 16,720, Brown received 16,163, and Oldsey 14,608. In maintaining their hold on the alumni-elected seats, Brown, Doran, and Oldsey defeated 2008 alum Dan Cocco despite significant support from younger alumni.
Doran graduated from Penn State in 1975, went on to Harvard Business School, and is now a senior portfolio manager at Lebenthal Asset Management.“I believe the Board of Trustees needs a diverse set of people who are independent and fair-minded, who embrace transparency and accountability, and who are not afraid to stand up and fight for Penn State and its values, whether it is against the media, the NCAA, Louis Freeh, or Rutgers football fans(!),” Doran said in her PS4RS Letter of Intent.
Brown is a 1968 Penn State graduate and current President and CEO of KETCHConsulting, Inc. “How different things might have been had I been a Trustee in November 2011. Probably, no one would have been fired, due process would have been followed and the media would have been dealt with differently,” Brown said in his PS4RS Letter of Intent. He often notes his membership in the Crisis Management Hall of Fame. Goals for his second term include honoring Joe, seeking the truth, and no tuition increase. Brown has voted for no tuition increase three times, including being the lone trustee to vote for such in his first two years on the board.
Oldsey believes trustees should receive “full and unfettered access” to Freeh materials so that definitive action can be taken by the Board upon review. One of his over-arching goals is to refute the report entirely. “Then, and only then, can the Board and the University begin the long overdue job of fully restoring Penn State’s brand and cultural reputation. We possess a once in a lifetime legacy that demands complete restoration — Coach Paterno’s legacy,” Oldsey said in his Letter of Intent. He calls for a complete reformation of the board’s trustee appointment processes and “agricultural elections.” Oldsey has also played an instrumental role in scrutinizing big spending projects on the Board’s Finance Committee.