Six newcomers to fill seats on University of Louisville Foundati - WDRB 41 Louisville News

Six newcomers to fill seats on University of Louisville Foundation board

Posted: Updated:
University of Louisville Foundation Chairwoman Diane Medley, left, and U of L board of trustees Chairman J. David Grissom University of Louisville Foundation Chairwoman Diane Medley, left, and U of L board of trustees Chairman J. David Grissom

LOUISVILLE, Ky. (WDRB) -- Six Louisville-area business people and financial professionals are set to join the board of directors of the University of Louisville Foundation as the organization continues working to clean up its finances and operations.

The foundation's nominating committee could have tapped some former board members to rejoin the organization, but none of six people put forward Tuesday has served on the board before.

"With a lot of the controversy, we felt like the best bet at this stage was to have a new group," foundation chairwoman Diane Medley said in an interview Tuesday.

The new directors are expected to be installed by the full board at its next meeting later this month. The foundation, a nonprofit that oversees U of L's $715 million endowment, has a 15-person board, including four members of the university's board of trustees. 

The nominees are:

•        Mike Bowers, chairman of Venminder, Inc.

•        Laura Douglas, vice president of corporate responsibility & community affairs at E.ON US, the corporate parent of Louisville Gas & Electric

•        Donna Heitzman, a former portfolio manager for New York City-based KKR Prisma Capital

•        Tom Meeker, the retired president and CEO of Louisville-based Churchill Downs Inc. 

•        Earl Reed, founder and chairman of Louisville-based Springstone, Inc.

•        Vincent Tyra, corporate advisor to Louisville-based ISCO Industries

Four long-time foundation directors, all of whom were supporters of former U of L and foundation president James Ramsey, resigned between Jan. 25 and Feb. 1

Copyright 2017 WDRB News. All rights reserved.

  • Sign Up for WDRB's Sports Newsletter

    * denotes required fields

    Thank you for signing up! You will receive a confirmation email shortly.
  • Stories by Chris OttsMore>>

  • Now making money on Obamacare, Humana still plans to quit exchanges

    Now making money on Obamacare, Humana still plans to quit exchanges

    Friday, November 17 2017 1:46 PM EST2017-11-17 18:46:53 GMT
    Louisville-based Humana is unexpectedly making money on Obamacare exchange plans this year, company reports show.Louisville-based Humana is unexpectedly making money on Obamacare exchange plans this year, company reports show.

    Louisville-based Humana isn’t budging from its promise to stop selling individual plans in the Obamacare health insurance exchanges -- once and for all – in 2018. There’s only one problem: Humana is finally making money on the plans.

    More >>

    Louisville-based Humana isn’t budging from its promise to stop selling individual plans in the Obamacare health insurance exchanges -- once and for all – in 2018. There’s only one problem: Humana is finally making money on the plans.

    More >>
  • Louisville-based Almost Family to merge with bigger competitor

    Louisville-based Almost Family to merge with bigger competitor

    Thursday, November 16 2017 5:06 PM EST2017-11-16 22:06:51 GMT
    Almost Family's headquarters office in LyndonAlmost Family's headquarters office in Lyndon

    Louisville-based Almost Family Inc. plans to merge with its slightly bigger competitor LHC Group to create a national home-health care giant that will operate in 36 states and generate $1.8 billion in annual revenue.

    More >>

    Louisville-based Almost Family Inc. plans to merge with its slightly bigger competitor LHC Group to create a national home-health care giant that will operate in 36 states and generate $1.8 billion in annual revenue.

    More >>
  • Apartment complex planned on old farm land near Oxmoor mall

    Apartment complex planned on old farm land near Oxmoor mall

    Wednesday, November 15 2017 9:25 PM EST2017-11-16 02:25:57 GMT
    A rendering of the proposed apartment complex at 202 Oxmoor Lane.A rendering of the proposed apartment complex at 202 Oxmoor Lane.

    A 301-unit apartment complex is proposed for a portion of the massive, undeveloped Oxmoor Farm behind Oxmoor Center. NTS Development Co. plans to build more than a dozen 3- and 4-story apartment buildings, as well as an outdoor pool, a clubhouse and a two-story parking deck.

    More >>

    A 301-unit apartment complex is proposed for a portion of the massive, undeveloped Oxmoor Farm behind Oxmoor Center. NTS Development Co. plans to build more than a dozen 3- and 4-story apartment buildings, as well as an outdoor pool, a clubhouse and a two-story parking deck.

    More >>
Powered by Frankly
All content © Copyright 2000 - 2017 WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.