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June 2010 President's Report
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June 2010 President's Report

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  • Despite budget challenges, we’ve talked a great deal about our focus on maintaining quality in our primary teaching mission. In the past few weeks Bloomberg BusinessWeeknews came out with a list of top undergrad programs that turn out S&P 500 CEOs, and we were pleased to see that our four campuses appeared on their “top 10” list.
  • Note that these CEOs hail from all four of our campuses—4 each from Mizzou and S&T, 2 from UMSL and 1 from UMKC.Of course, we have many, many more CEOs that hail from our campuses…and many more leaders in a huge number of professions, nonprofits, etc.The key point here is, we need to be constantly vigilant to providing a quality education for all of our students…and we will continue to see our graduates names in high places. My continued thanks to our faculty for all they do to contribute to making our state and country stronger and wiser through each of our graduates.
  • Objectives: To create a broader awareness of capital needs, new financial options and partnership opportunities, and potential projects for collaborationMike Lause of Thompson and Coburn; David Queen of Gilmore and Bell outlined six new financing alternatives:Cooperation with local government entitiesPrivate/public joint projects, including residential housing, scientific and business collaboration, research parks, etc.Possible local special taxing districts to support joint projectsState legislation (e.g., issuance of bonds)State economic incentives (e.g., tax credits)Donor involvement
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    • 1. President’s Report,UM Board of Curators Meeting
      Gary D. Forsee
      President, University of Missouri System
      Friday, June 11, 2010
    • 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
      a
    • 3. Top 10 CEO Undergrad Alma Maters
      From Bloomberg BusinessWeekRanking, S&P 500 Companies
      University of California (12 CEOs)
      School of Hard Knocks (12 CEOs)
      Harvard (11 CEOs)
      University of Missouri (11 CEOs)
      University of Texas (11 CEOs)
      University of Wisconsin (11 CEOs)
      Dartmouth (10 CEOs)
      Princeton (9 CEOs)
      Indiana University (8 CEOs)
      Purdue (8 CEOs)
      b
    • 4. CEOs (Companies and Campuses)
      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
      c
    • 5. 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
      d
    • 6. 2010 Agenda: 5 Key Tasks
      Leadership
      Evaluation
      e
    • 7. Economic Development
      Important IBM announcement in Columbia
      New research parks director
      Enterprise investment program progress
      f
    • 8. Shared Services
      Data collection completed later this month
      Validation of data and analysis next
      On track for final report early fall
      g