Oct. 3, 1996-Vol28n06: Newman elected chair of UB Foundation board

Newman elected chair of UB Foundation board

By PAULA WITHERELL
Reporter Contributor

Reginald B. Newman II, president of NOCO Energy Corp., has been elected chair of the board of trustees of the University at Buffalo Foundation, Inc.

Newman has been affiliated with the board since 1989. Prior to becoming chair, he was vice chair of the foundation and previously served as chair of the investment committee.

The foundation promotes the activities and programs of the University at Buffalo by providing support and advice on fund raising, managing gifts and grants on behalf of the university; a wide range of financial services for various units of the university, developing and managing real property on behalf of the university, and a broad base of private-sector support for the university through the foundation's trustees and directors.

The board of trustees, which participates in the university's development program, is responsible for raising community awareness of the need for private support for UB, soliciting gifts on its behalf and managing assets received by the foundation. As requested, the board also provides advice and counsel to the president of the university on matters involving the UB community and its constituencies.

Frank J. McGuire, chairman of The McGuire Group, has been appointed a new board trustee. Newly appointed directors are William L. McHugh, executive vice president of Independent Health Corp., and William P. Montague, president and chief operating officer of Mark IV Industries, Inc.

The foundation also re-elected several trustees for three-year terms: Lawrence P. Castellani, president and chief executive officer, Tops Markets, Inc.; Jeremy M. Jacobs Sr., chairman and chief executive officer, Delaware North Companies, Inc., and Carol V. Kociela, senior vice president, Regional Commercial Bank, Marine Midland Bank.

The following directors were re-elected to three-year terms: Richard E. Heath, partner in the law firm of Hodgson, Russ, Andrews, Woods and Goodyear; Northrup R. Knox, chairman, Marine Midland Bank; Kenneth W. Paulin, senior vice president, Manufacturers and Traders Trust Co., and Donald A. Ross, former president and current board member of Rand Capital Corp.