Minutes of a Meeting of the Board of Trustees
of the State University of New York
 Ad Hoc Committee on the Research Foundation Relationship 
September 19, 2011
      
      Pursuant to notice of meeting duly given on September 7, 2011, the Ad Hoc Committee on Research Foundation Relationship of the Board of Trustees of the State University of     New York and via video at Plattsburgh and Cal Tech at 3:47pm on September 19, 2011.  
       
				
Members present:  		Trustees Staller, McCall, Mr. Belluck

Trustee present	 	Trustee Hunt (Chair) in Plattsburgh
             via video 			Trustee Lichtman in Cal Tech

Also present: 	Chairman Hayden, Chancellor Zimpher, Trustees Lewin, Murad, and O’Brien, Provost Lavallee, Mr. Howard, Mr. Hutzley, RF:  Ms. Boice, Mr. Boyce, Mr. Toas

On the phone:   Dr. Meng-Ling Hsiao, Dr. Mitchell, Dean Scheinman, Mr. Anderson, Mr. Cooney

      Chair Hunt convened the meeting at 3:47pm and noted a quorum existed.  Mr. Hunt asked for approval of the minutes from the June 30, 2011 and August  8, 2011 meeting.  The motion was made by Trustee Lichtman and seconded by Trustee McCall.  The minutes were unanimously approved. 
      
	Provost Lavallee and Ms. Boice provided the group with a general update and work of the RF Task Force as well as the status of RF leadership searches: President, CFO, General Counsel/Secretary.  A number of individuals have been contacted who have appropriate experience for the interim presidency, although no definitive headway has been made on identifying a good candidate to recommend for the interim position at this time.  It was suggested by Provost Lavallee that some consideration be given to identifying a search firm and using the task force to begin defining the job description for a permanent president.  The time frame would be approximately a 6 to 7 month search window for a presidency, instead of an interim, as suggested by Trustee McCall.  The group as a whole agreed to proceed in that manner.    

	Ms. Boice updated the group on the General Counsel search and stated they were in the final stages of the search, currently reviewing finalists with their Executive Committee, and hope to make an announcement within the next 2 weeks. 

	Ms. Boice updated the group on the search for a CFO at the RF.  The initial search for a CFO was not successful, so as a result, they are hiring a search firm and hope to get a CFO within 6 months.  

	Dean Scheinman provided the group with a brief report from the RF Board’s last task force meeting, which was held on September 9th.  Some of the topics discussed were: grants administration, affiliate corporations, and the initial discussion of governance.   It is anticipated to have pre-award tech transfer communication wrapped up within the next two months.   

	Ms. Boice and Mr. Cooney provided a joint discussion on Governance issues. Some of the issues discusses were board members, term limits, committees, executive committee, and bylaws.   	

      There being no further business, upon motion duly made by Trustee Staller, seconded by Trustee McCall, and passed unanimously, the meeting was adjourned at 4:51pm. 
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Ad Hoc Committee 
on RF Relationship	-2-	September 19, 2011