june 2010 president's report
TRANSCRIPT
UMSYSTEM.EDU June 2010OPEN-GB-INFO 2UMSYSTEM.EDU
President’s Report,UM Board of Curators Meeting
Gary D. ForseePresident, University of Missouri System
Friday, June 11, 2010
UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
Budget Update
• Annual operating expenses down 10% YTD• Plans in place for FY11 based on what we
know today• Working closely with Governor’s staff and
General Assembly as we contemplate 2012 challenge
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
Top 10 CEO Undergrad Alma Maters
1. University of California (12 CEOs)2. School of Hard Knocks (12 CEOs)3. Harvard (11 CEOs)4. University of Missouri (11 CEOs)5. University of Texas (11 CEOs)6. University of Wisconsin (11 CEOs)7. Dartmouth (10 CEOs)8. Princeton (9 CEOs)9. Indiana University (8 CEOs)10. Purdue (8 CEOs)
From Bloomberg BusinessWeek Ranking, S&P 500 Companies
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
David Haffner, Leggett & Platt Inc, University Of Missouri-Columbia
David Novak, Yum! Brands Inc, University Of Missouri-Columbia
Edward Mueller, Qwest Communications Intl.,
Missouri S&T
George Paz, Express Scripts Inc,University Of Missouri-St. Louis
John Colson, Quanta Services Inc,University Of Missouri-Kansas City
John Gibson, Oneok.Missouri S&T
Kevin Mansell, Kohls Corp,
University Of Missouri-St. Louis
Mark Mcandrew, Torchmark Corp,University Of Missouri-Columbia
Ralph Babb, Comerica Inc,University Of Missouri-Columbia
Steven Malcolm, Williams Companies Inc,
Missouri S&T
Thomas Voss, Ameren Corporation,Missouri S&T
CEOs (Companies and Campuses)
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
Regional Capital Forums
• First of four held in Columbia, May 17• Local, state officials + members of area banking
and economic development community• Topics included historic financial options,
overview of MU’s capital needs, ‘new financing alternatives’ by Mike Lause and David Queen
• Smaller group to meet soon to explore solutions to campus capital needs
• Next forum: Kansas City, TBD
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
2010 Agenda: 5 Key Tasks
LeadershipeLearning MU and System office
Degree completion strategies UMSL
Articulation—P-20, general ed pathways
UMKC
Outside-In workforce needs (Math, engineering,
technology and science focus)
Missouri S&T
3-year degree completion cycle
All
Evaluation
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
Economic Development
• Important IBM announcement in Columbia• New research parks director• Enterprise investment program progress
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UMSYSTEM.EDU June 2010OPEN-GB-INFO 2
Shared Services
• Data collection completed later this month• Validation of data and analysis next• On track for final report early fall
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