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
  • June 2010 President's Report

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