Penn State Trustees Chair Won't Run Again, Cites New Position

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Penn State Trustees Chair Won't Run Again, Cites New Position
Evan Habeeb-USA TODAY Sports

Penn State University trustees chairwoman Karen Peetz won't run for another term as leader of the university's governing body but will remain on the board. The school made the announcement Tuesday, five days after Bank of New York Mellon promoted Ms. Peetz to president of the company effective Jan. 1. Ms. Peetz is currently the CEO of the bank's financial markets and treasury services business...

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