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NEWS RELEASE

Four Elected to Board of Trustees of University of Minnesota Foundation

For more information, contact: Martha Douglas, 612-626-9712

MINNEAPOLIS/ST. PAUL, 11/12/04 - The University of Minnesota Foundation board of trustees elected four new members at its annual meeting Nov. 6.
Elected to three-year terms on the board were:

  • B. Todd Jones, a former U.S. Attorney for the District of Minnesota and now an attorney with Robins, Kaplan, Miller & Ciresi in Minneapolis, focusing on business litigation.

  • Robert D. MacDonald, senior vice president for marketing and sales of 3M Co., and president of the 3M Foundation. He is also a former board member of the American Red Cross.

  • Charles M. Osborne, chief financial officer of Fair Isaac Corp. He has also held executive leadership positions at Deluxe Corp.; Graco, Inc., and McLeodUSA. Before joining Fair Isaac, Osborne was CFO and vice president for strategic initiatives at the University of Minnesota Foundation.

  • Dr. Patricia Simmons, a physician and professor of pediatrics at the Mayo Clinic in Rochester. Dr. Simmons was elected by the state Legislature in 2001 to serve as a Regent of the University of Minnesota.

    The board also named as officers: Diana E. Murphy, U.S. Circuit Judge for the U.S. Court of Appeals, Eighth Circuit, continues as board chair. Marilyn Carlson Nelson, chairman and CEO of Carlson Companies, will be joined by Fred R. Friswold, CEO of Tonka Equipment Co., as vice chairs. Stanley Hubbard, chairman, Hubbard Broadcasting, Inc., was named secretary; and B. Kristine Johnson, principal, Affinity Capital Management, was elected treasurer. Gerald B. Fischer continues as president and CEO of the Foundation, a position he has held since 1990.

    At its meeting, the board also promoted Julie Pelzl to the position of vice president for human resources for the University of Minnesota Foundation.

    The University of Minnesota Foundation, founded in 1962, is an independent, non-profit organization that builds greatness at the University of Minnesota by raising and managing gifts from alumni and friends.

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