Caudill elected to chair Board of Trustees; other officers, new members start

W. Lowry Caudill of Durham, co-founder of Magellan Laboratories Inc., was elected chairman of the University of North Carolina at Chapel Hill Board of Trustees.

Trustees today elected two other current members as new officers for one-year terms on the 13-member board responsible for governing the University.

Alston Gardner of Chapel Hill, venture partner in Fulcrum Equity Partners, was elected vice chair. Sallie Shuping-Russell of Chapel Hill, managing director at BlackRock, was elected secretary.

Five new trustees were appointed:

• Jefferson W. Brown of Charlotte, partner with Moore and Van Allen
• Haywood D. Cochrane Jr. of Elon, chairman of the board of DARA Biosciences Inc.
• Charles G. Duckett of Winston-Salem, partner with Battle &Associates Inc.
• Kelly Matthews Hopkins of Charlotte, civic leader
• Dwight D. Stone of Greensboro, president of D. Stone Builders Inc.

A sixth new board member is senior Christopher David McCartney Lambden of Somerset, England, who was sworn in May 23 to fill the ex officio seat held by Carolina’s student body president.

Under Caudill’s leadership, the Board of Trustees will focus on building stronger relationships with external constituencies, creating a sustainable approach to enterprise risk management, and maturing and consolidating the University’s work on innovation so that the University can quantify and communicate its impact on North Carolina.

“I have been very fortunate to help Carolina in a variety of roles over the past several years, and serving on this board has been one of the high points,” said Caudill. “I am excited to have the opportunity to lead the board and to serve with such an impressive group of trustees. Working together, I am confident that we can make a significant contribution to the University’s success over the next year.”

Caudill earned a bachelor’s degree in chemistry at UNC in 1979 and a doctorate in analytical chemistry at Indiana University in 1983. He returned to North Carolina as a scientist at Glaxo Inc., and in 1991 he co-founded Magellan Laboratories, a pharmaceutical development company based in Research Triangle Park. At Carolina, he is an adjunct professor of chemistry and teaches in the entrepreneurship minor in the College of Arts and Sciences. Caudill chairs the Chancellor’s Innovation Circle, and that group’s work resulted in the Innovate@Carolina Roadmap, a plan launched in 2010 to help Carolina translate its innovations to positively impact North Carolina and the world. He is the chair of the search committee for the next vice chancellor for University Development and was a steering committee member of the $2.4 billion Carolina First Campaign. He also chaired the search committee for Athletic Director Bubba Cunningham and is currently vice chair of the Educational Foundation Inc.

Gardner’s University activities include the Chancellor’s Innovation Circle, Kenan-Flagler Business School Board of Visitors and the Kenan-Flagler Foundation Board. He is an adjunct lecturer in the MBA and BSBA programs at Kenan-Flagler. He served on the steering committee for the Carolina First Campaign, chaired the University’s Advisory Board and helped lead efforts to build the FedEx Global Education Center. He graduated from Carolina with a bachelor’s degree in 1977. He completed a post-baccalaureate certificate in psychology at Columbia University in 2011.

Shuping-Russell graduated from Carolina with a bachelor of arts in English and political science in 1977 and earned a masters of business administration from Columbia University in finance and economics in 1983. She is a trustee of the UNC-CH Endowment Fund, a director of the UNC-CH Foundation and vice chair of the UNC Investment Fund Board. Her other University service has included the Board of Directors of the UNC Health Care System, the University Board of Visitors, the Chancellor’s Innovation Circle, the Board of Advisors of the McAllister Heart and Vascular Institute, the Board of Advisors of the Gillings School of Global Public Health, and the Board of Directors of the Arts and Sciences Foundation. In 2012 she received a Distinguished Alumna Award.

Brown graduated from UNC-Chapel Hill in 1981 with a bachelor of science degree in business administration and Phi Beta Kappa honors. He received his law degree from Vanderbilt University. Brown focuses his law practice on the representation of investors and developers in sophisticated commercial real estate transactions, ventures and developments. He has been recognized by “Best Lawyers in America,” “N.C. Super Lawyers” and “Business N.C. Legal Elite.” Brown is a recipient of the City of Charlotte Mayor’s Award for community leadership and the YMCA of Greater Charlotte George Williams Award. He was a William C. Friday Fellow for Human Relations with the Wildacres Leadership Initiative. Brown has served on the foundation boards for UNC Charlotte and Central Piedmont Community College, the executive committees for the Charlotte Chamber of Commerce and Charlotte Metropolitan YMCA and the City of Charlotte Citizens Committees related to transit and privatization.

Cochrane began his career in banking and moved into healthcare where he helped rebuild and grow a number of public and private companies with the support of venture capital and private equity partners. He received a bachelor of arts in political science from UNC-Chapel Hill in 1970 where he was a Morehead Scholar, a North Carolina Fellow and secretary of the UNC chapter of Phi Beta Kappa. He has held a number of senior management and executive positions at companies including Allied Clinical Laboratories Inc., Roche Biomedical Laboratories Inc., National Health Laboratories Inc., Laboratory Corporation of America Holdings and CHD Meridian Corporate Healthcare Inc., now a unit of Walgreens. He has served as director of I-trax, Allied Clinical Laboratories Inc., Tripath Imaging Inc., EV3 Inc., American Esoterics Inc., JDN Realty Inc., Sonus Corp., Unilab Inc. and Ameripath Inc., among other companies.

Duckett has been with Battle & Associates, Inc., a marketing services firm, since 1989. He is also a partner in GRINS Enterprises, LLC and Synergy Media, LLC. He graduated from Carolina in 1982 with bachelor degrees in political science and history. A long-time volunteer and Carolina advocate, Duckett has been a member of the UNC National Development Council, the UNC Board of Visitors and the Carolina First Campaign steering committee. He established the Bill Guthridge Mathematics Scholarship Fund and helped establish the Bill Guthridge Endowed Professorship in Mathematics. Duckett and his siblings created the Ralph B. Garrison Scholarship Fund in the College of Arts and Sciences to honor their grandfather.

Hopkins serves as a trustee of the Henry Morrison Flagler Museum and of the Relgalf Charitable Foundation in South Florida. She founded and chairs the Whitehall Society of the Flagler Museum. She is a member of the 2013 Hull Fellows class, a professional development opportunity for philanthropic leaders, through the Southeastern Council of Foundations. Hopkins graduated from UNC-Chapel Hill in 1995 with a bachelor of arts in education and is a former elementary school teacher. She is pursuing a master of science at the McColl School of Business at Queens University.

Stone received a bachelor’s degree from UNC-Chapel Hill in 1973. He is the chair of the Board of Directors for the Educational Foundation Inc. He has served on the search committees for Chancellor Carol Folt and Athletic Director Bubba Cunningham. He also has served as president and chairman of the Greensboro Sports Council and chairman of the MS Dinner of Champions. He was a member of the Executive Committee for Greensboro Builders Association, the Board of Directors for the Greensboro Sports Commission and chair of The Executive Cup for UNC-Chapel Hill. He is a recipient of the Gulledge Award for Greensboro Leadership.