as dean this spring. He asked Dr. Blackwell to stand and be recognized and then gave some
background infonnation about Dr. Blackwell.
Dr. Blackwell is currently the Associate Dean for Graduate Programs and Republic
BanldJames W. Aston Professor of Finance at Texas A&M Universitys Mays Business School. He
holds his bachelors and doctoral degree in finance from the University of Tennessee.
Before joining Texas A&M, Dr. Blackwell served as Director of Forensic and Litigation
Services at KPMG and Manager of Financial Advisory Services at PricewaterhouseCoopers. Before
that he had a consulting career and faculty appointments at Emory University and the University of
Georgia. He was the overwhelming choice ofthe search committee and has been wannly received by
the faculty in the Gatton School. Dr. Blackwell was welcomed with a round of applause.
Dr. Brockman asked for a motion for acceptance of PR 3. Mr. Gatton so moved. Mr. Mobley
seconded the motion, and it passed without dissent.
Mr. Gatton said that everyone is thrilled to have Dr. Blackwell at the University. He noted
that Dr. Blackwell tumed down a rather large university before UK made the offer, and he has been
offered the deanship at another major university which he tumed down. (See PR 3 on the Board of
Trustees website, www.uky.edu/ Trustees, under agenda.)
J. President Eli Capiloutos Remarks "The Kentucky Promise
President Capilouto gave the Board an update on the progress with the strategic review that he
undertook upon his arrival. He often speaks about "The Kentucky Promise, and for him, it is no
better manifest than in the words of Professor Finney. The University does everything from save and
extend lives to stir souls, and he gets to witness this every day. This progress must continue.
He told the Board that he has completed conversations with faculty and staff in all the
universitys colleges and libraries. He has met with the leadership of the University Senate and Staff
Senate many times and deeply enjoyed talking with prospective students and their families about
their dreams of an education at the University of Kentucky. He has talked with state and local policy
makers, and it has been a particular delight for him.
Over the past few months, he has been meeting with the alumni. He has met with them in
New York, Atlanta, Louisville, and Washington, DC. Washington, DC was just like previous visits
where he had graduates. Many of them were young who now work in great positions, who are
entrepreneurs, and who are in the public sector as well. They all say the same thing to him. They
work alongside people who received their educations from the most prestigious universities, and they
feel their education at UK far surpasses their colleagues. They are so proud to be graduates ofthe
University of Kentucky. He has talked to many donors and business leaders about the universitys
future, and he is glad to say that it has resonated.
President Capilouto reminded the Board members ofthe University Review Committee
headed by Dr. Hollie Swanson that fonned the basis of much ofthe Board of Trustees discussion at