The following statement was released today by the Office of the President.
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Chirag Shah is stepping down from Western’s Board of Governors when his term as chair ends Dec. 31. The Board will appoint a new chair at its Nov. 26 meeting.
Mr. Shah was appointed to the Board in 2010 and has served two terms as chair, the standard length of a chair’s terms at Western. Consistent with previous Board of Governors’ chairs, Mr. Shah will not seek a second term on the Board.
He is one of four alumni governors appointed to Western’s Board of Governors by the Alumni Association Board. He informed the Alumni Board chair of his decision Wednesday.
“Mr. Shah has served the board and the University with distinction and dignity,” said Western President Amit Chakma. “During his term, a new strategic plan, Achieving Excellence on the World Stage, and the new Campus Master Plan were approved.”
The Board is responsible for the financial oversight of Western’s nearly $1 billion in capital and operational budgets. Western continues to receive a AA stable rating from Standard and Poor’s.
“The strength of Western’s Board lies in its breadth of representation – from faculty, staff, students, alumni and external volunteers. I feel privileged to have served as chair of this board that is composed of so many dynamic and strong leaders,” Mr. Shah said. “I am very proud to be part of the many achievements of this board.”
