Board of Trustees of the Endowment Fund

Click here for the Organizational Chart [PDF].

Bios of the Board of Trustees of the Endowment Fund, 2016 – 2017

James “Jim” Owens, Chair | Peoria Heights, IL:  Chair of the NC State University Board of Trustees.  Former Chairman and CEO of Caterpillar Inc. Currently serves on the Board of Directors of Alcoa, IBM and Morgan Stanley. Recipient of NC State’s Watauga Medal, Poole College of Management’s Alumnus of the Year 1999 and Person of the Year 2009, a lifetime member of the NC State Alumni Association and member of the Peele Giving Society.  B.S. and Master’s degrees in Textile Technology, Ph.D. in Economics from NC State.


Jimmy D. Clark, Vice Chair | Greensboro, NC:  First Vice Chair of the NC State University Board of Trustees.  Owner and President of Guy M. Turner, Inc. Former Chair of the NC State Board of Visitors. Former member of the NC State Engineering Foundation Board, Dean’s Circle, Student Aid Association Board, and Alumni Association Board. He has served on the Park Scholarships Selection Committee. Member of the Peele Giving Society. B.S. in Civil Engineering from NC State and registered Professional Engineer.


W. Randolph “Randy” Woodson, Chancellor:  Dr. Randy Woodson, the 14th chancellor of North Carolina State University, is a nationally recognized scholar and academic leader who oversees the largest university in North Carolina with more than 34,000 students and a budget of $1.4 billion.

https://leadership.ncsu.edu/chancellor/biography/short-bio/


Larry Barbour | Raleigh, NC:  President and CEO of North State Bancorp and North State Bank.  More than 35 years of experience in banking, serving as Chairman of the N.C. Bankers Association in 2010 and 2011.  Previously served on the board of directors of the John Rex Endowment Foundation, the WakeMed Hospital System, Hospice of Wake County and the NC State Alumni Association.  Recognized as a North Carolina State University Distinguished Alumnus (1997).  Graduated from NC State in 1971 with a B.A. in Political Science.


Derick Close | Rock Hill, SC:  President and CEO of Springs Creative Products Group, a fabric and crafts business.  Currently serves on the Board of Directors of the North Carolina Textile Foundation (past president) and the Wolfpack Club.  Previously served on UNC System Board of Governors from 1994 to 1997, the NC State Board of Trustees from 2001 to 2010, the Achieve! Campaign Steering Committee for Athletics, and Coalition 2000.  Founding member of The State Club. Recipient of NC State’s Watauga Medal in 2011 and honorary lifetime membership to the Alumni Association in 2005.  Named College of Textiles Alumnus the Year in 2000. Graduated from NC State’s College of Textiles in 1982 with a B.S. in Textiles Management; Masters of Business Administration from UNC.


S. Frank Culberson | Houston, TX:  Director and chairman of Rimkus Consulting Group, Inc. in Houston, TX. Registered professional engineer in Texas and Florida. Currently serves on the Board of Directors of Buccaneer Energy in Houston. Former board member and president of the NC State Engineering Foundation; co-chaired the College of Engineering Achieve! Campaign Committee. Recipient of Menscer Cup in 2011, the Distinguished Engineering Alumni Award in 2002, and honorary lifetime membership in the Alumni Association in 2009.  Graduated from NC State in 1960 with a B.S. in Chemical Engineering and from University of Houston in 1966 with an MBA.


Lawrence Davenport | Greenville, NC:  Retired President, JP Davenport and Son, Inc. Vice-President, Davenport Farms.  Currently serves on the Board of Directors of Golden LEAF Inc., Vidant Health, The Little Bank and the Tobacco Growers Association of N.C.  Founding member of the N.C. State University Board of Visitors, a recipient of the NC State’s Watauga Medal, CALS Distinguished Alumnus 2001, and a member of the Chancellor’s Circle. Previously served as president of the N.C. Crop Improvement Association and the N.C. Foundation Seed Producers. Member of the U.S. Advisory Commission for Tobacco Inspection. Graduated from NC State in 1965 with a B.S. in Crop Science.


Gayle Lanier | Raleigh, NC:  Senior Vice President – Customer Services at Duke Energy.  Currently serves on the board of directors of the United Way of the Greater Triangle.  Served on NC State University National Minority Engineering Programs Advisory Board. Named a Distinguished Alumna by the Edward P. Fitts Department of Industrial and Systems Engineering in 2007.  Served on NC State University Board of Trustees from 2007 until 2012.  Graduated from NC State in 1982 with a B.S. in Industrial Engineering.


Arthur “Art” Raymond, Jr. | Raleigh, NC:  Retired as Senior Vice President of Hooker Furniture Company in 2013. President of A.G. Raymond & Company, consulting firm serving the furniture industry, from 1980 through 2010. Mr. Raymond was previously the chair of the NC State Natural Resources Foundation Board of Directors. He is an adjunct Professor in the College of Natural Resources, and guest lecturer in Industrial Engineering. He was the CNR Alumnus of the year in 2015. Active member of the NC State Alumni Association and the Wolfpack Club. Graduated from NC State’s College of Natural Resources in 1969 with a B.S. in Wood Science and Technology.