Repository: UIHistories Project: Board of Trustees Minutes - 1974 Version B [PAGE 20]

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BOARD OF TRUSTEES

[Juty 19

STANLEY E. G. HILLMAN, Executive Vice President, Illinois Central Industries, 135 East Eleventh Place, Chicago 60605 I concur. O n motion of M r . Swain, these appointments were approved.

ACTING DEANSHIP OF T H E G R A D U A T E COLLEGE, URBANA

(6) The Chancellor at the Urbana-Champaign campus has recommended the appointment of Dr. George A. Russell, presently Professor of Physics and Associate Dean of the Graduate College, as Acting Dean of the Graduate College and Associate Vice Chancellor for Research and Development effective September 1, 1972, on a twelve-month service basis, at an annual salary of $35,000. Dr. Russell will continue to hold the rank of Professor of Physics on indefinite tenure. He will succeed Dr. Daniel Alpert who has resigned the deanship. This recommendation is made with the advice of the Executive Committee of the Graduate College and is supported by the Executive Vice President and Provost. I recommend approval. O n motion of M r . Swain, this appointment was approved.

HEADSHIP O F THE DEPARTMENT OF FINANCE. CHICAGO CIRCLE

(7) The Dean of the College of Business Administration at Chicago Circle has recommended to the Chancellor the appointment of William W. Tongue, presently Professor of Economics and Finance at Chicago Circle, as Professor of Economics, on indefinite tenure, and Head of the Department of Finance, beginning September 1, 1972, on an academic year service basis, at an annual salary of $25,650. Dr. Tongue will fill a headship that has been vacant since February 17, 1971, when this Board approved the reorganization of the College of Business Administration by the establishment of departments. During the interim period while a search for candidates was underway, Professor Richard F. Kosobud, Head of the Department of Economics, has been acting as head of the Department of Finance. The nomination of Professor Tongue is supported by the College Executive Committee and the faculty of the Department of Finance. The Chancellor at Chicago Circle and the Dean of the Graduate College approve the recommendation. The Executive Vice President and Provost concurs. I recommend approval. O n motion of M r . K a r n e s , this appointment was approved.

HEADSHIP OF T H E DEPARTMENT OF FINANCE. URBANA

(8) The Dean of the College of Commerce and Business Administration has recommended to the Chancellor at Urbana-Champaign the appointment of Dr. James W. Leonard, presently Associate Professor of Finance and Acting Head of the Department, as Associate Professor on indefinite tenure and Head of the Department, effective September 1, 1972, on an academic year service basis, at an annual salary of $20,500. Professor Leonard has been Acting Head since September 1, 1971, succeeding Professor Paul M. Van Arsdell who retired from the University. The nomination of Dr. Leonard was made with the advice of a search committee1 and after consultation with members of the faculty of the Department. The nomination is supported by the Executive Committee of the College of Commerce and Business Administration and the Dean of the Graduate College. The Chancellor at Urbana-Champaign approves the recommendation. The Executive Vice President and Provost concurs. I recommend approval. O n motion of Mr. H o w a r d , this appointment was approved.

1 Robert L. Mehr, Professor of Finance, Chairman; Richard T. Arnould, Assistant Professor of Economics and Business Administration: Gerald D. Brighton, Professor of Accountancy; Richard M. Hill, Professor of Business Administration; Charles N. Linke, Associate Professor of Finance.