The Rutgers board of governors named Mark Angelson to a second term as chair Tuesday.
Senior Vice President at PNC Bank, former Chair, and Emeritus Trustee William Best will serve as vice chair.
“Mark and Bill bring extraordinary records of service to Rutgers and myriad accomplishments as leaders in their fields to help govern the university during uniquely challenging times,” said Rutgers President Robert Barchi, who is set to retire this year, in a prepared statement. “The board of governors and the university will benefit greatly from their professional experience and enduring commitment to Rutgers.”
New terms for Angelson and Best begin July 1.
Angelson is a member of Rutgers Hall of Distinguished Alumni, having graduated from Rutgers in 1972 and Rutgers Law School in Newark in 1975.
He’s vice chair of the Institute of International Education, the international education and training organization that administers the Fulbright Scholarships and hundreds of other educational programs around the globe.
Angelson and IIE have partnered with hundreds of host universities, including Rutgers, to rescue persecuted scholars from harm’s way the world over during his time as vice chair of IIE, chair of IIE’s Scholar Rescue Fund and selection committee. He has also co-authored several articles on the efficacy of saving professors and entire national academies.
He spent two decades practicing international law in Asia, Europe and New York, and went on to serve as chair and chief executive officer of five public companies, including as CEO of Chicago-based Fortune 500 printing company R.R. Donnelley.
He has also served as chair of international investment firm MidOcean Partners and as Chicago’s deputy mayor.
He is currently vice chair of the Biden Foundation and a member of the Council on Foreign Relations, the Royal Society of Arts, The Pilgrims and the Economic Club of New York. He is a life trustee of Northwestern University and has been an adjunct professor of mergers and acquisitions at Northwestern’s Kellogg School of Management.
He was the first recipient of the Rutgers Law School Alumni Service Award. He received Honorary Doctorate of Laws from the John Marshall Law School in Atlanta and the Harold Hines Award from the United Negro College Fund in 2005, an award given annually to those who have demonstrated their commitment to UNCF and its mission.
Angelson also chaired the presidential search committee that recommended Jonathan Holloway as the 21st president of Rutgers University. Holloway takes his post on July 1.
Best co-chaired the committee with Rutgers professor Deborah Gray White.
A resident of Belle Mead, Best is past chair of the International Economic Development Council, where he developed and instituted a comprehensive Ethics Education and Enforcement Policy for global economic development professionals.
He is a board member of Newark Alliance, the Newark Regional Business Partnership and New Jersey Future, and a member of the New Jersey Regional Plan Association. He has received awards from the New Jersey Redevelopment Authority, the African-American Chamber of Commerce and the New Jersey state Senate and Assembly, among others.
Best has also been a member of Rutger’s board of governors’ audit committee, the board of governors’ alumni and university relations committee and the board of trustees’ executive committee. He led an initiative with the board of trustees to provide millions in funds to support students through tuition assistance, emergency assistance. and financial support to student-based food pantries across the university.