Miles nominated for trustee
Created on Wednesday, 31 October 2012 10:52 Last Updated on Monday, 03 December 2012 20:13 Published on Wednesday, 31 October 2012 10:52 Written by Courier Newsroom Hits: 494
The Nominating Committee of the University of Pittsburgh Board of Trustees nominated George L. Miles Jr., chair emeritus of Chester Engineers and retired president and CEO of WQED Multimedia, and Thomas H. O’Brien, retired chair of PNC Financial Services Group, for election as emeritus trustees of the board.
The full board is scheduled to act on the nominations at its public meeting. Miles was elected to the University’s Board of Trustees in 2000 and served on the Pitt Board until June 2012. He is a member of the School of Social Work Board of Visitors and previously served on the visiting boards of the Joseph M. Katz Graduate School of Business and the University of Pittsburgh Press.
He was an active and supportive trustee who chaired the Audit Committee for seven years. He also served on four other committees: Executive, Athletics, Budget and Conflict of Interest.
Under Miles’ leadership, the Audit Committee regularly reviewed research compliance, legal and regulatory matters; risk assessment; and other relevant business and auditing topics. In 2002, Congress passed the Sarbanes-Oxley Act to address faulty financial reporting and auditing by publicly traded companies. Certain requirements of the Act were considered “best practices” for any organization, and the University, through the Audit Committee, implemented those best practices.
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