MEMPHIS, Tenn., Oct. 17, 2016 /PRNewswire/ -- Dave North, president and CEO of Sedgwick, is one of eight business leaders appointed by Tennessee Gov. Bill Haslam to serve on the new governing board of the University of Memphis.
The formation of the local board supports the governor's continuing efforts to give the university more autonomy. The board will have the authority to appoint the campus president, manage the university budget, set tuition, and oversee other operational tasks.
"It is a great honor to join respected community leaders in guiding the bright future of the University of Memphis," North said. "The continued economic growth of the Mid-South and Sedgwick's expansion in the Memphis area depend on the sustainability of an excellent public university at the heart of our community. I applaud Gov. Haslam's commitment to ensuring that the management of our esteemed university is driven by local leadership."
North is a longtime supporter of the University of Memphis. He has served on the school's Board of Visitors and on the Board of Trustees of the University of Memphis Foundation. In 2015, North was recognized as an Honorary Alumnus. For demonstrating excellence and extraordinary success in business and community service, North received the 2016 EY Entrepreneur Of The Year Award® in the services category for the Southeast region.
Subject to confirmation by the state General Assembly, North's appointment will take effect Jan. 16, 2017. Confirmed board members will undergo orientation and professional development delivered by the Tennessee Higher Education Commission.
Sedgwick Claims Management Services, Inc., is a leading global provider of technology-enabled risk and benefits solutions. At Sedgwick, caring countsSM; the company takes care of people and organizations by delivering cost-effective claims, productivity, managed care, risk consulting and other services through the dedication and expertise of more than 14,000 colleagues in some 275 offices located in the U.S., Canada, U.K. and Ireland. Sedgwick facilitates financial and personal health and helps customers and consumers navigate complexity by designing and implementing customized programs based on proven practices and advanced technology that exceed expectations. Sedgwick's majority shareholder is KKR; Stone Point Capital LLC and other management investors are minority shareholders. For more, see www.sedgwick.com.
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SOURCE Sedgwick Claims Management Services, Inc.