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Mrs. Clark and David Hamilton of the History Department and congratulated Professor
Summers.

      President Todd called attention to another item in PR 2 on the consent agenda.
Terry Allen, who has been the Assistant Vice President of Affirmative Action, has been
promoted to Associate Vice President for Employment Equity. He noted that Nancy Ray,
former Associate Vice President for Employment Equity, took early retirement.

      President Todd also called attention to Susan Krauss who has moved from
Assistant Controller in the Office of Controller and Treasurer to Director of Investment
and Endowment Services. He said that Ms. Krauss was at the Investment Committee
meeting on Monday and did a fine job.

      G.    Appointment of Chief of Staff to the President (PR 3)

      President Todd said that he was pleased to recommend that the Board of Trustees
approve the appointment of Dr. Phyllis P. Nash as Chief of Staff for the President
effective February 25, 2003. President Todd said that he certainly needed this position.
He called attention to the background section and indicated that her duties will probably
grow. He said that he is extremely pleased with the reaction to her selection. He
recommended that Dr. Nash be appointed Chief of Staff to the President. Mr. Reed
entertained a motion. Ms. Wilson so moved. Mr. Williams seconded the motion.

      Dr. Jones said that he has known Dr. Nash for the last decade that she has been at
the University, and he thinks the University will be extraordinarily well served and
blessed to have her in the position.

      Mr. Reed asked for any questions or discussion. The motion then carried without
dissent. Dr. Nash was asked to stand and be recognized, following which she received a
round of applause. (See PR 3 at the end of the Minutes.)

      H.    Appointment of Dean of the Carol Martin Gatton College of Business and
Economics (PR 4)

      President Todd recommended that the Board of Trustees approve the appointment
of Dr. Devanthan Sudharshan as Dean of the Carol Martin Gatton College of Business
and Economics effective July 1, 2003. He noted that Dr. Sudharshan's credentials were
in the background information. He said that Dr. Sudharshan had gone through the
selection process, and he was extremely pleased to make the recommendation. Ms.
Smith Edge moved approval of PR 4. The motion, seconded by Mr. Chellgren, carried
without dissent. (See PR 4 at the end of the Minutes.) President Todd asked Provost
Nietzel to introduce the new dean.

      Provost Nietzel thanked President Todd and said that he appreciated the
opportunity to address two matters for the Board. One is to briefly acknowledge publicly
the gratitude that he has and the institution has to Richard Furst for his service as Dean of