News and Updates

Felix J. Baker, a managing partner of Baker Brothers Investments, and Jerry Yang, co-founder of Yahoo! and founder of AME Cloud Ventures, will join the Stanford University Board of Trustees on October 1.

The June 14-15 meeting of the Stanford University Board of Trustees was the final one as chair for Steven A. Denning, who has presided as chair since July 2012.

Penner, who earned two master’s degrees at the Stanford Graduate School of Education, is currently serving as a member of its Advisory Council.

During its April 2-5 meeting, trustees held their annual retreat in Cambridge, Massachusetts, where they heard presentations by leaders from Harvard and MIT and learned more about Kendall Square, a nearby neighborhood with a vibrant and growing life sciences ecosystem.

Under Stanford’s undergraduate financial aid program, typical parents with incomes below $125,000 pay no tuition, and those with incomes below $65,000 pay no tuition, mandatory fees, room or board.

During its recent meeting, the Stanford University Board of Trustees set tuition, approved construction projects, announced an endowed professorship to honor former Provost John Etchemendy, heard presentations from university leadership, announced plans for its annual retreat, and bid farewell to outgoing trustees.

Raikes, who has been a trustee since 2012, has a long record of supporting Stanford programs, including the Center for Comparative Studies in Race and Ethnicity, the Knight-Hennessy Scholars and the Mindset Scholars Network.

The Stanford University Board of Trustees, which met Dec. 5-6, approved a variety of building projects in various stages of the approval process, including design approval for Denning House, the future home of the Knight-Hennessy Scholars Program.

At its Oct. 17-18 meeting, the Stanford University Board of Trustees welcomed President Marc Tessier-Lavigne and his wife, Mary Hynes, and heard presentations on student mental health and well-being, and on energy research and the Stanford Energy System Innovations project. Trustees approved building projects and honored longtime trustee Isaac Stein.

Fernandez, who earned an MBA from Stanford in 1983, was honored with an Excellence in Leadership Award by the Graduate School of Business in 2013 for significant contributions to the corporate world and to the community.