June 28, 2007

Governor appoints Purdue trustees

Gov. Mitch Daniels has asked the chairman of the Purdue Board of Trustees to continue his service and has appointed two new trustees, including one student.

J. Timothy McGinley, who was appointed to the board in 1989 by Governor Evan Bayh and has served as chair since 1993, has been reappointed. Keith Krach, a 1979 Purdue graduate and leading information technology executive, also has been selected to the board, and Daniels has named Jill Steiner, a Purdue agriculture major, as student trustee.

“Tim has given so many years of service, and many might decide it’s time for a rest, but he’s ready to give more to Purdue and the state. With the transition to a new university president, I’ve prevailed on him to continue his leadership on the board,? said Daniels. McGinley chaired the search process that culminated with the selection of France Córdova as the university’s 11th president in May.

Krach, who earned his MBA from Harvard University, is the chief executive officer of 3Points, Inc., a California-based investment holding company. He was the co-founder and former chairman and CEO of Ariba, Inc., a pioneering business-to-business e-commerce company. Krach, who also has 10 years of experience in the automotive manufacturing industry, was named the youngest vice president of General Motors at age 26, and spearheaded the company’s first-ever Japanese joint venture. In 2000, Krach was named the National Entrepreneur of the Year by Ernst & Young. The same year, he received the Technology Pioneer Award at the World Economic Forum in Davos, Switzerland.

Steiner, a junior who grew up on a family farm in Adams County, is active in Purdue’s College of Agriculture, including serving as the secretary to the Agriculture Student Council. Last summer, she was the manager of the Indiana State Fair Country Market and an intern for the Indiana FFA Foundation, helping develop curriculum for leadership conferences. She’s also involved in the Purdue Foundation Student Board and was a member of the 2005-06 Patty and Martin Jischke Leadership Class.

“Keith’s a great Purdue success story, a proven winner of the knowledge economy. We intend for our universities to be truly world-class, and one element in that rise will be world-class board talent,? said Daniels. “Jill will complement the already strong agriculture perspective provided by John Hardin and JoAnn Brouillette and bring a perspective for the next generation of Hoosier farmers that is so essential in our efforts to make agriculture an integral part of our economic comeback.?

All terms are effective July 1. The terms for McGinley and Krach are three years; the student trustee serves for two years. Krach will replace Mark W. Townsend, and Steiner takes the seat of Rachel Cumberbatch.

Earlier this summer, John D. Hardin Jr., owner of Hardin Farms in Hendricks County and past president of the National Pork Producers Council, was re-elected by Purdue Alumni Association members for a term on the board.