ILLINOIS - The University of Illinois Board of Trustees

492
Date
11/14
11/15
11/15
11/15
11/16
11/19
11/19
11/19
11/19
11/19
11/29
11/30
11/30
Number
$ 480 000
200 000
200 000
480 000
1 500 000
500 000
2 500 000
1 000 000
1 000 000
ROARD OF TRUSTEES [December 12
Cost/
Description Yield
U.S. Treasury bills due 7/22/80 12.34%
U.S. Treasury bills due 12/27/79 12.17
U.S. Treasury bills due 1/31/80 12.37
U.S. Treasury bills due 4/24/80 12.79
U.S. Treasury bills due 5/15/80 12.63
Continental Bank 13% percent
time deposit due 2/19/80.. ..... 13.88
Continental Bank 14 percent time
deposit due 5/19/80. .......... 14.00
Continental Bank 14 percent time
deposit due 6/16/80 ........... 14.00
Continental Bank 14 percent time
deposit due 6/26/80 ........... 14.00
U.S. Treasury bills due 3/20/80 11.86
U.S. Treasury bills due 4/1/80 11.35
U.S. Treasury bills due 2/14/80 11.52
Amount
$ 441 848 00
197 200 00
194 845 28
454 025 33
1 410 405 00
500 000 00
2 500 000 00
1 000 000 00
185 000
1 000 000 00
177 852 83
40 000
38 495 16
2 000 000
2 600 000 US. Treasury bills due 6/24/80 11.70
1 952 500 00
2 436 140 80
On motion of Mrs. Shepherd, this report was approved as presented.
Appointment of a Chancellor, Urbana
(21) I recommend the appointment of John E. Cribbet, presently acting chancellor
and dean and professor of law at the Urbana-Champaign campus, as chancellor of
the University of Illinois at Urbana-Champaign. effective December 12, 1979, on a
twelve-month service basis, at an annual salary of $70,900.
The University Statutes provide that the chancellor, under the direction of
the president, serves as the chief executive officer for the campus.
John Cribbet joined the faculty of the College of Law in 1947 and was ap
pointed dean in 1967. He has served as acting chancellor at Urbana since July 1,
1979, following the resignation of Chancellor William P. Gerberding.
This recommendation is made with the advice of a search committee' of
fifteen members, twelve elected by the Senate and three recommended by the
president to represent groups not officially represented in the Senate.
It has been my distinct personal pIeasure to work closely with John Cribbet
since my arrival in September. He will bring to the position of chancellor extensive
experience as an academic leader, soundness of judgment, and a superb reputation
in his profession. His extensive knowledge of this University and the esteem in
which he is held both on and off the campus will enable him to provide the special
qualities of leadership I believe we need in the years ahead.
In presenting this recommendation, President Ikenberry emphasized
his confidence and satisfaction in the process employed in the search, the
timing, and the quality of the recommendation itself. He had entered the
process while it was under way (assuming the presidency on September 1;
1979) and had frequent meetings with the committee, in particular its
chairman. He then presented Professor William J. Hall, chairman of the
William J. Hall professor of civil engineering chairmnn; John J. Bateman, professor of the
classicx and of speech unnmunication; Daniel C. bucker, dean of the college of engineering,
professor of civil engineering and of theoretical and applied mechanics; Willis H. Fiygare, .professor
of chemistry- Susan E. Franson, graduate student; Lloyd C. Hodges, 5raduat.e student: .Richard P.
Jerrard professor of mathematics; Barbara A. Kucera, administrative aide, civil eng~neering; Shelley
A. Levitan undergraduate student; Kitty 0. Locker assistant professor of English; Bruno Nett1
rofessor oi music and of anthropology; Robert B. Riiey, professor and head vf the Department oi
Ldscape Architecture; Robert G. Spitze, professor ,of .agncult~ral economics: Victor J. Stone,
professor of law; Edwin W. Vernon, extension ~~nmun~catrons speclalist 1n agriculture.