Saturday, March 13, 2010

John C. Merchant first African-American chair of the Morehead State University Board of Regents

Cincinnati attorney John C. Merchant was elected Thursday as the first African-American chair of the Morehead State University Board of Regents.

“John is an outstanding choice and we look forward to his leadership of our governing board,” said MSU President Wayne D. Andrews. "He is a proud alumnus of the institution and has gained valuable insight during his seven years of service as a Regent."

Merchant has been vice chair for the past year and was reappointed last year to his second six-year term on the board. He succeeds Sylvia Lovely of Lexington as chair.

John C. Merchant“I appreciate the opportunity that the members of the Board have given me,” said Merchant. “I graduated from MSU in 1979 and to come back and be in this position is very gratifying. I know it is going to be a very tough job given the budget the Commonwealth is facing.”

A native of Lexington, Merchant is a partner in the Cincinnati law firm of Peck, Shaffer, and Williams. He is a graduate of Morehead State University and the University of Kentucky College of Law.
For more than 20 years, Merchant has been practicing public finance law, providing legal counsel for municipal transactions across the country. He has been admitted to the bar in Kentucky, Ohio, Georgia, and the District of Columbia.

Prior to joining the Cincinnati firm, Merchant served in several positions in the executive branch of state government. He is a past president of the MSU Alumni Association.

He is a board member of the New Cities Foundation of the Kentucky League of Cities and a trustee of the Ohio State Bar Foundation. He maintains memberships in numerous other professional organizations, including the National Association of Bond Lawyers, Black Lawyers Association of Cincinnati, Conference of Minority Transportation Officials, and the National Association of Securities Professionals.

Dr. John O’Cull of Vanceburg was elected vice chair. A Morehead State graduate, he was appointed to the Board of Regents in 2004. Carol Johnson, assistant to the president, was re-elected board secretary while Mike Walters, vice president for administration and fiscal services, was reappointed treasurer.

In other business, the Regents approved sabbatical leaves for 2010-11; tenure with promotion for 2010; personnel actions; contracts for banking service; second quarter financial report and amended the operating budget; resolution authorizing the sale of MSU’s general receipts obligations (2010 Series A) and purchase of property and exception to master plan.

The Regents heard reports on preliminary spring enrollment and personal service contracts.

The next quarterly meeting is scheduled for Thursday, June 10.

Posted: 3-11-10

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