Apple CEO Tim Cook, Coca-Cola Foundation Chairwoman Lisa Borders, and NBA Commissioner Adam Silver are among the eight new trustees of Duke University. Patricia Morton, founder of PRM Advisors; and Jeff Ubben, CEO of ValueAct Capital accompany are also new members of the Duke University Board of Trustees, and each will serve six-year terms.
Additionally, three observing members also joined the board -- Jack Boyd, Trinity’85; recent Duke graduate Anna Knight and Ben Shellhorn, a JD/MBA candidate at Duke.
As the university's governing body, the Board of Trustees is responsible for the school's educational mission and fiscal policies. There are 37 members on the board.
Borders is also vice president of global community affairs at The Coca-Cola Company. She is a former president of the city council and vice mayor of Atlanta and a former president of the Grady Health Foundation, the fundraising arm of Grady Health System, Georgia’s largest public hospital.
As Apple’s CEO, Cook has overseen the introduction of innovative new products and services including Apple Watch, Apple Pay and the new MacBook. He is leading a companywide effort to use 100 per cent renewable energy at all Apple facilities, has encouraged his co-workers to give to charitable organisations in their community and started a generous program at Apple to match employee donations.
Once a Fuqua Scholar at Duke, Cook was recently ranked No. 1 on Fortune magazine’s 2015 list of the World’s Greatest Leaders, and in 2014 he was named “Person of the Year” by the Financial Times.
Morton, a philanthropist and financial services veteran, last year was elected chair of the National Humanities Centre, a non-profit based at Research Triangle Park that provides fellowships for scholars from the U.S. and abroad.
Prior to founding PRM Advisors in Charlotte in 2010, Morton worked for 30 years at JP Morgan and Deutsche Bank in New York, London and Asia.
The NBA Board of Governors unanimously elected Silver as commissioner in 2014. He was instrumental in the NBA's new nine-year media rights agreements with Turner Broadcasting and the Walt Disney Co., which run through the 2024-25 season.
In addition to being CEO, Ubben is also chief investment officer of ValueAct Capital, which he founded in 2000. Today ValueAct Capital manages more than $19 bn on behalf of institutional and individual investors.
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