governance and operational changes<\/a> in the wake of the advisory review by the CSU, which was requested by Jim\u00e9nez-Sandoval and released in January.<\/p>\nThe review uncovered weaknesses in the foundation\u2019s governance and financial control environment that increased its exposure to financial misstatements and fraud, though no malfeasance was found by CSU Audit and Advisory Services.<\/p>\n
The review concluded that the foundation has 46 areas in need of remediation including board governance, endowment management and organizational structure. It has completed 20, according to its website.<\/p>\n
\u201cWe\u2019re looking forward to what we can do to help Fresno State University, not only just clearing the whole chancellor\u2019s office report, but going back to what this board is supposed to do and raise awareness for Fresno State, raise some funds for Fresno State, and the students and faculty can go forward from there,\u201d Morse said.<\/p>\n
Jim\u00e9nez-Sandoval was not available to comment on the resignations, but in an email exchange with Chandler thanked her for her years of service. Hanson served on the board of governors for 17 years, Chandler for 13 and Soares for 11, according to the university.<\/p>\n
\u201cI am very sorry that you have decided to step off the Board, but understand your reasons,\u201d he wrote, to Chandler.<\/p>\n
\u201cAs President and your friend, I want to thank you for your 13 years of service on the Board and the perspective you provided having been a CSU Trustee. I look forward to seeing you at university events in the future. Please know that I appreciate you deeply.\u201d<\/p>\n
Her response was brief: \u201cThank you for your kind words. It is time for me to resign from the Board of Governors. I have enjoyed my time on the board and hope that I have been able to contribute to the accomplishments of the Board. I wish you and Fresno State all the best. Please call on me if I can be of any help in the future.\u201d<\/p>\n
Hanson in his notice thanked Jim\u00e9nez-Sandoval and his predecessors, and recapped a career as the Bulldogs\u2019 team physician, which, he said, \u201cenriched and defined my career.\u201d<\/p>\n
\u201cTimes have changed,\u201d Hanson wrote. \u201cIt is clear to me that my services, resources and expertise are no longer sought after. I feel that I have overstayed my welcome.<\/p>\n
\u201cYou face daunting challenges in the times ahead from the Chancellor\u2019s Office \u2026 it will be difficult to put together a new Board of Governors that is as dedicated, experienced, and generous with their time, talent and resources as your current board is. Fresno State has clearly engaged the finest group of volunteer leaders and philanthropists that our region can offer.<\/p>\n
\u201cIt is my sincere hope that the \u2018bad taste\u2019 perceived by the departing Board of Governors is of short duration and minimal impact to the University and the Comprehensive Campaign. I truly wish the best for Fresno State and will continue to be an advocate and fan of the university.\u201d<\/p>\n
The board of governors is to include no more than 38 members and no fewer than 15, according to foundation bylaws. It had 24 including Jim\u00e9nez-Sandoval as an ex-officio member before Ricchiuti and four others long-time board members termed out at the end of the 2026 fiscal year.<\/p>\n
Ricchiuti had served on the board for 32 years, the past 10 as its chair.<\/p>\n
The foundation had eliminated term limits in 2022<\/a>, but prior to that its bylaws, though loosely enforced, stated members could serve two consecutive, four-year terms with an option to serve again after a one-year absence.<\/p>\nThe other four board members to term out at the end of 2026 also had long tenures \u2014 Claude Laval III served for 30 years, Richard Spencer for 23 Kyle Stephenson for 19 years and Nat DiBuduo for 16.<\/p>\n
Related Stories from Fresno Bee<\/p>\n","protected":false},"excerpt":{"rendered":"Students walk by a new gateway sign at the entrance to Fresno State at Maple and Shaw avenues.…\n","protected":false},"author":2,"featured_media":416592,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[112,114,113],"class_list":["post-416591","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fresno","tag-fresno","tag-fresno-headlines","tag-fresno-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/416591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=416591"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/416591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/416592"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=416591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=416591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=416591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}