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MEDIA CONTACT: Linda Holtz
561-297-0159, lholtz@fau.edu

FAU Foundation Board Elects Leslie M. Corley as Chair
Six New Members Join Board

            BOCA RATON , FL (May 15, 2007) - The FAU Foundation Board held its annual meeting and election of officers.   Leslie M. Corley was elected as the board’s new chair, and Dr. Kenneth Jessell, FAU’s vice president of financial affairs, was appointed to serve as the Foundation’s interim executive director.

            A member of the Foundation board since 1999, Corley is chairman and president of LM Capital Corporation and LM Capital Securities, Inc.   An investment management firm established in 1988, LM Capital Corporation provides corporate financial services to its clients.   LM Capital Securities was formed in 1992 to help established public and private institutions as well as emerging private businesses gain greater access to the capital markets. Corley earned a bachelor’s degree in aeronautical and astronautical engineering with high honors from the University of Illinois and his MBA from Harvard University. Highly regarded in the community for his commitment to volunteerism and economic development, Corley has served on the National Advisory Board for Small Business Development Centers, and the boards of Enterprise Florida, Inc., the EconomicCouncil of Palm Beach County, the Business Development Board of Palm Beach County, and the boards of charitable and community organizations such as the Minority Business Development Center of West Palm Beach, American Kidney Foundation African-American Outreach Program, Urban League of Palm Beach County , and Criminal Justice Commission of Palm Beach County.     

            “I am honored to serve as FAU’s Foundation Board chair,” said Corley.   “This University has accomplished so much in such a short time.   I see a bright future ahead, and I know how important a role the FAU Foundation plays.    As FAU continues to assert itself as a leading institution of higher education and research, the need for sustained support is evident.   As chair, I look forward to working with the Foundation to ensure that our network of constituents will continue to increase , and that the Foundation’s policies, procedures and performance will continue to set a benchmark for best practices.”

            Other executive committee officers include: Vice Chair Richard Murdoch, an attorney in the Boca Raton law firm of Buckingham, Doolittle & Burroughs; Secretary Michael Kaufman, president of Kaufman Lynn Inc., General Contractors; and Treasurer Thomas Workman ’71, president of the accounting firm of Workman & Associates and past president of the FAU National Alumni Association.                    

The Florida Atlantic University Foundation, Inc., a 501(c)(3) nonprofit corporation was established in 1960 to guide FAU’s growth and fine-tune its mission of promoting academic excellence, internationally recognized research and vital public-private partnerships. Gifts to FAU through the Foundation bring support to deserving students, enhance the campuses with new buildings, create exciting academic programs, attract leading scholars to the faculty and spark important collaborative relationships between the University, other leading institutions and the community.  The Foundation’s Board of Directors is comprised of alumni and friends of the University who volunteer their time and expertise to spearhead fundraising efforts and manage the Foundation’s assets.

            Newly elected to the FAU Foundation board are seven individuals noted for their civic service and professional accomplishments:   

            Bruce H. Allen ’71 is senior vice president of Bank of America Private Bank in Delray Beach.   Allen is past president of the East Coast Estate Planning Council as well as the Planned Giving Council of Palm Beach County.   A political science major while at FAU, Allen is past president of the FAU National Alumni Association (FAUNAA).

            M.J. “Mike” Arts is currently a Boca Raton City Council member.   From 1985 until his retirement in 2005, Arts served as the CEO of the Boca Raton Chamber of Commerce.   He came to Boca Raton from the chamber of commerce in Sioux City, Iowa, where he was president.  

            David J. Gury is the head of Gury Consulting LLC in Boca Raton.   Prior to his current job, Gury was the founding chairman, CEO and president of Nabi Biopharmaceuticals of Boca Raton.   In addition, he is founder and past chairman of BioFlorida, a current member of BioFlorida’s executive committee and was co-chair of the SEBIO 2004 Venture Capital Conference.  

            Barry Kaye is a 45-year veteran from the field of insurance.   In 1968 he established Barry Kaye Associates with headquarters in Los Angles.   Through his innovative approach to estate planning, Kaye has garnered national attention and revolutionized the entire insurance industry. He is the author of eight books and accompanying audio-visual materials on the subject of life insurance and estate planning.  

            Luis J. Mago is CEO and chief strategy officer of the consulting firm of Network 4 Leaders (N4L). An expert in strategic business development, marketing and branding, Mago is an executive coach whose endorsements come from Fortune 500 executives and medium to small business entrepreneurs alike.

            Paul Ballard Milhous formed the Milhous Group in 1979 to make strategic acquisitions of manufacturing companies.   Milhous became director and vice chair of the board of directors of Perry Graphic Communications, Inc., the parent company for many printing firms.   He is a former trustee of the Boca Raton Community Hospital and raises funds for underserved children and their families.

-FAU-

    

Florida Atlantic University opened its doors in 1964 as the fifth public university in Florida. Today, the University serv es more than 26,000 undergraduate and graduate students on seven campuses strategically located along 150 miles of Florida's southeastern coastline. Building on its rich tradition as a teaching university, with a world-class faculty, FAU hosts nine colleges:  the Dorothy F. Schmidt College of Arts & Letters, the Charles E. Schmidt College of Biomedical Science, the Charles E. Schmidt College of Science, the Christine E. Lynn College of Nursing, the Harriet L. Wilkes Honors College, the Barry Kaye College of Business and the Colleges of   Education, Engineering & Computer Science, and Architecture, Urban & Public Affairs.

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