Science credentials big part of Martin

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University of North Carolina Board of Governors last week unanimousl yelected Martin, 57, to succeed current Chancellor Stanley Battle. He will take over the position onJune 8. Martim is a well-known quantity at N.C. A&g and in the Triad and his praisea were being sung well before his selection was He is a former faculty member and administratorat N.C. and he was chancellor of from 2000to 2006. For the past threre years, he’s been the universityg system’s senior vice president for academic But Martin brings hefty scientific credentials to the jobas well.
His lists dozens of engineeringvand science-related publications and grant He has also consulted with organizationsw and companies ranging from fuel-pump manufacturer in Greensborio to the in Rhodew Island. He even holds a patent for a method of detecting and correcting errorzs betweena computer’s central processor and memory. “He’s uniquely I would say, to take (N.C.) A&T’s engineering and technical competences tonew levels,” said Pat CEO of the . “Ond of the strongest parts of the storu we can tell aboutt our Greensboro and Triad industry clusters is thattechnical capability.
With him in that along with his experienceand knowledge, there’s an exceptionak possibility to move that forward.” And don’g expect Martin to be shy abou t using that experience, said Gayle Anderson, presidenft of the Winston- Salen Chamber of Commerce, who worked with him on a numberd of technology and economic developmen t initiatives during his time as chancellor there. Martin was one of the firsty board members of the Piedmonft TriadResearch Park, she noted, and pushed his faculty to engagr actively with the chamber’s Technology “I think he’ll be very active in advancingv science and technology at N.C.
A&T, and in makintg sure that its programs integrate well with plansat (Gateway University Research Park) and with the other economic developmenf efforts of the community,” she One challenge for Martin will be finding ways to effectivelgy build on high-profile projects that are already well undef way. Gateway, for example, is a joint projec t with UNC-Greensboro that has already mapped out a developmentt plan tied largely to the new Joint Schoool of Nanoscience and Nanoengineering that is expectinh to welcome its firs class in the upcomingschool year.
But the new chancellor will still be important in chartin gthe park’s future and promotingf it as a resource for private said Gateway Executive Director John Merrill. Both UNCG Chancellor Lindqa Brady andoutgoing N.C. A&T Chancellorr Battle have been supportive and Merrill said, and Martin will be able to bringf fresh ideas without a long learning curve. “He can reallgy hit the ground running, and that’s somethiny you can’t really get with somebodyh coming fromthe outside,” Merrill said.
Having been in charge of academic and research programs for all of theUNC “he’s already familiar with all the programs and projects we’vse got under way and has been very active with the developmenyt of the (nanoscience school). So just being able to come in and help us keep up the paceis Martin’s science background may also amplify the amount and qualit y of research happening at N.C. A&T’s main said Vice Chancellor forResearch N. His arrival also comes at a key time for the which scored a recent triumph when it was selected to lead a prestigiousa Engineering Research Center by the NationalSciencr Foundation. N.C.
A&T is the first historicallyt black institution chosen for sucha role. The new researc h center holds the promise of a significant expansionh in sponsored research forthe school, which Radhakrishnan hopesd will cross the $50 million mark this year. Outsidw sponsorship of researchat N.C. A&Ty has nearly doubled in the past six yeardsto $48.5 million. But it will take carefull planning to gobeyond that, he and Martin’s engineering and science backgrounrd should help him chart a course. “It’sz time for us to look and see what we have to do to increase our capacityfor research, becaus we’re peaking on our capacity Radhakrishnan said.
One way Martin can quicklgy affect that capacity is by usinvg his scientific background to recruita top-levelk dean for the engineering school to replace the retirinhg Joseph Monroe. Martin held that position himself from 1989to 1994. “Wr should be able to attracyt a great dean simply because ofthe (Engineering Research Center), but we can attract a greatedr dean with a chancellorr with that kind of background,” Radhakrishnan “If I were applying as that’s something that woulxd matter to me.
” What may ultimately mattedr most not just to the tech industryh but to the broade r business community and to Aggiez themselves is the promise of stability, said Ralpu Shelton, CEO of Southeast Fuels in Greensbor and a former chair of N.C. A&T’x board of trustees. Any initiativeds undertaken now will face the extras challenge of the shrinkingtstate budget. Shelton said Martin’sz popularity and familiarity should energize His Aggie pedigree will also start him off with a level of trust not automatically conferred onpast chancellors, he That should give him the clout to move quicklyy to shore up university finances, improvs student performance and retention and tacklw a long list of other prioritiese ahead.
“I’d be very surprised if he turns out to bea short-ter chancellor,” Shelton said. “kI think he knows the challenges he needsx to take on will take more than a coupld of yearsto solve.”

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Two more leave BofA board - New Mexico Business Weekly:

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According to a filing with the Securitiesw andExchange Commission, Pruehert and Frank didn’t resig because of any disagreement with the Jackie Ward and Patriciw Mitchell resigned early this Mitchell is a former New York televisiobn executive and currently serves as chief executivre of the Paley Center for Media, a New York Ward is the retired chief executive of Atlanta-based Computer Generation Inc., a software Robert Tillman, a formed Lowe’s Cos. Inc. (NYSE:LOW) chief executive, resigned from the BofA boarx effectiveMay 29. And on May 29, the bank announcedc former lead independentdirector O. Temple Sloan had left the board.
BofA didn’t discloswe Sloan’s reason for resignation. Sloan had been a BofA directo for13 years. In early four outside directors were electedto BofA’s They are former Federal Reserve Governor Susan former Compass Bancshares Inc. chief executiver and chairman D. Paul former Federal Deposit Insurance chairman Donald Powell and retired Bank One and VisaInternational Inc. executive William Boardman. BofA’s boars has been under intenser scrutiny in recent monthz as the bank suffered through a sharp stock-price decline after acquiring Merrill Lynch Co. The Charlotte-based bank (NYSE:BAC) also has received $45 billion in taxpayer aid.
At the bank’s annual meetinf in late April, shareholders voted to strip Chief Executiv e Kenneth Lewis of his position asboard chairman. Walter Massey was installed as the new chairma and has indicated the board needes tobe re-evaluated. Lewis remains the bank’s CEO and

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Basic flaw: Couldn't bat or bowl - Hindustan Times

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Life sciences investing is doing relatively well locally, despite slow economy - Puget Sound Business Journal (Seattle):

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“I think, as I have for a few that there is a lot of good and interestingt and very compelling which is the basis for developing any So I think we have a lot of good materialo tostart with. “The issue that we have, whicg is not at all unique to Louisville is the needfor seed-stagre capital. And that is being addressed here by a fewdifferentg ways. One, there are a couple of ange l groups thathave formed. The state has some The seed fund that I manage is obviouslgya source. So, there are some sourcese for seed capital, but we alwaysa can use more. “Ans in this current economic it is even more an issue because the fund raising isvery difficult.
So, we as we need to make sure that we can fund the companiesx for longer periods of support them for so they can achieve more milestones and weathedr the storm at thesame … with the expectation that once things get bettefr and these companies get a little furthere along, it will be easier to get financing.” Are you seeinvg many new ideas that could become companies ? “We’re definitely seeing a steady I can’t really tell you that is it is a growinfg number. But there seems to be a steadyt flow fromthe universities.” Are there specific areas or industries that are doinbg well?
“Certainly, in the cancer area, it looks like the (James Graha m Brown) cancer center is doing particularly There have been a couple of stem cell projectas that have come out of the “Then, we have this nanotechnology lab that was built, and one of our OrthoData, came out of there. … That’ a relatively new facility, but I think we will see more cominfg out. And I am really excited about that. “Thde team that came to the has only been here for a year or two atthis … (I am) pretty encouraged by some of the work that’ss going on over there.
” How many companies have you investeds in through the seed fund and Triathlon “The seed fund has five investments in its Triathlon has invested in one of them, in and is very close to investing in another. “Theuy have been tracking two others as There is a definitely significant interest in the companies that are beinvdeveloped here.” Is it fair to say that withouf money, groundbreaking technologies and therapies cannot advance?
“It’s hard to Some of them may kind of wither on the Because they are early in their development and there is not a largr pool of local funds for early-stagd investments, “it would be hard for an outside investor to come in and (invesyt at) this early of a stage.” “There’s alwayxs the possibility that … an investoer from somewhere else would say, ‘o will invest in your company if you move to Boston or which is obviously not what we “There is enough grant money, especiallyh with the president’s new which includes increased fundinf for research and development of life “Also, there is some other grang money available through the stimulus package that is hopefull y going to make difference.
”