Elected to Chair of Board
August 11, 2000
The Board of Trustees elected Grace Fey as
its new chair at an Aug. 2 meeting on the Worcester campus. Fey,
who had been serving as vice chair of the board, was unanimously
voted into the post.
"I will work very hard to provide fair, thoughtful, and consistent
leadership," she said. Fey said she plans "to continue the model
of strong leadership of my predecessor, Bob Karam." Though no
longer chair, Karam will remain on the board until his term expires
in September and is eligible to be reappointed for another year.
Fey, who is the first woman to lead the board, also said she
would strengthen the missions of the individual campuses and encourage
her trustee colleagues to take the University's message into the
community. Fey, who lives in Boston, has been on the board since
A certified financial analyst, Fey is executive vice president
and director of Frontier Capital Management Company, a Boston-based
firm that provides investment management services to institutions
and individuals, covering $5.4 billion. Highly respected in her
field, she is featured in Sue Herera's 1997 book, "Women of the
Street: Making it on Wall Street - The World's Toughest Business,"
and has appeared in Business Week, Changing Times, Financial Planning,
New England Booming, USA Today, the Wall Street Journal and the
Wall Street Transcript.
She also chairs Zoo New England and is on the board of the Huntington
Theatre. She is a director of Bioject Medical Technologies, Inc.
and the Commonwealth Institute and is an overseer of the Boston
Center for Adult Education.
The board also reappointed eight trustees to leadership posts.
William Giblin, who had been serving as vice chair along with
Fey, will continue in that role. Diane Bissonnette Moes remains
chair of the Academic Affairs, Student Affairs and Athletics Committee
with Karl E. White as vice chair. Edward A. Dubilo and John M.
Naughton are chair and vice chair respectively of the Administration,
Finance and Audit Committee. Charles J. Hoff chairs the Development
Committee; Robert M. Mahoney is its vice chair. Christy P. Mihos
chairs the Trustee Governance Committee.
The board has 22 members, including five student trustees.