Alumni-elected Trustee Anthony Lubrano will not seek re-election this year, he announced in a statement Monday morning. Lubrano has been one of the most outspoken trustees since he was elected to the Board in July 2012.

“Family and business demands on my time have grown to the point where I will not be able to responsibly discharge my duties as a trustee for another term,” Lubrano said. “I also believe, after almost six years, that the University would be better served by the injection of new blood into the Board of Trustees.”

Nominations closed Sunday for those hoping to fill the three seats up for renewal. Lubrano, who will still serve through the last few months of his term, endorsed the candidacies of incumbent Rob Tribeck and would-be newcomers Alvin DeLevie and Brandon Short. The third incumbent whose seat is up for re-election this year is Ryan McCombie.

“Our work is far from over. As I have repeatedly said, the tortoise won the race, not the hare,” Lubrano said. “Know that I will continue my services as Trustee through the conclusion of my current term which ends on June 30, 2018.”

Lubrano earned his bachelor’s degree in accounting from Penn State in 1982 and is now president of A.P Lubrano & Co., Inc., a financial services and wealth management firm based in Exton, PA. Long before his first Board of Trustees term, Lubrano’s donation to Penn State Athletics was used to build Medlar Field at Lubrano Park, Penn State’s baseball stadium, which opened in 2006.

You can read Lubrano’s statement in full below:

After months of careful reflection, today I informed the Penn State Office of the Board of Trustees of my decision not to place my name on the ballot for the upcoming election. This decision was not made in haste. Family and business demands on my time have grown to the point where I will not be able to responsibly discharge my duties as a trustee for another term. I also believe, after almost six years, that the University would be better served by the injection of new blood into the Board of Trustees.

To that end, I would encourage all Penn Staters to support the candidacies of

Alvin F. De Levie. 1973
Brandon Short. 1999
Robert J. Tribeck. 1991

Finally, I’d lie to thank those who have supported me. You have honored me with the privilege of serving you as an alumni-elected Trustee and for that I will be eternally grateful.

I love Penn State. After almost six years of service to our alma mater, I now better understand why Joe Paterno stayed for 61 years — YOU!

Our work is far from over. As I have repeatedly said, the tortoise won the race, not the hare. Know that I will continue my services as Trustee through the conclusion of my current term which ends on June 30, 2018.

Thank you and GOD bless you.

WE ARE…and always will be…PENN STATE!!!