Clay Bennett steps down from University of Oklahoma Board of Regents due to health issues - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 31, 2019 Newswires
Share
Share
Post
Email

Clay Bennett steps down from University of Oklahoma Board of Regents due to health issues

Daily Oklahoman (Oklahoma City)

Jan. 31--Citing health issues, Clay Bennett resigned Wednesday as chairman of the University of Oklahoma Board of Regents before the board's meeting on the OU Health Sciences Center campus.

Regent Leslie Rainbolt-Forbes stepped into the role and made the announcement. She praised Bennett, 59, for his mental and physical fortitude while serving two years as chairman during a very difficult time.

"He will be sorely missed," Rainbolt-Forbes said.

As chairman, Bennett led the effort to hire the first new OU president in 24 years.

"There's certainly nothing more important I'll probably do in my civic life than be a part of this process," he said when the search was narrowed to seven candidates.

Bennett was unable to attend the installation of President Jim Gallogly in August because of poor health. Bennett, chairman of the Oklahoma City Thunder and president of Dorchester Capital, a diversified private investment company, was appointed to the regents in 2011 by Gov. Mary Fallin.

On Wednesday night, the Oklahoma City Thunder released a statement saying that Bennett informed Fallin we would serve another year on the board, with his term to expire in March.

"He has endured health issues over the past 18 months which have required his full and ongoing attention. He has continued to improve and is hopeful for a full recovery. Clay is fully active in all his business interests, including the Thunder," the statement said.

Gallogly began his remarks to the regents Wednesday by addressing the recent racist incident on campus that has "turned our university upside-down."

"We will use that incident as a catalyst for change," Gallogly said. "We have much work to do at the University of Oklahoma and we are absolutely committed to getting that done."

He read a letter from the Faculty Senate pledging "to be part of a unified effort to disrupt and dismantle racism on this campus ... to both recruit and retain more diverse students, faculty and staff."

"We agree that addressing this complex problem is everyone's responsibility and that we all have much work to do," the letter stated.

Gallogly said both faculty and students have submitted lists of ideas to move forward.

Rainbolt-Forbes said the president and the board are committed to "a proactive long-term plan for change ... and as we advocate for that plan going forward that each of us remember that we're not allowed to be a bystander. Everyone is a diversity officer or diversity monitor."

New hires

Regents approved the hiring of three new members of Gallogly's executive team during the meeting:

--Jacquelyn Wolf as senior vice president and chief human resources officer at an annual salary of $317,000. Wolf stepped into the job Jan. 7 after working for OU as a human resources consultant.

Wolf has more than 35 years' experience in various human resources specialties. She was chief human resources officer for Anthem Healthcare and also for LyondellBasell, one of the world's largest plastics and refining companies, where Gallogly served as CEO.

--Eric Conrad as vice president for operations at annual salary of $310,000. He will begin work Feb. 25.

Conrad has more than 20 years' experience in managing a number of operations from Fortune 500 companies to Brigham Young University. His experience includes facility and construction management, public safety, fleet services, housing services, food services, sustainability practices, procurement, technology services and human resources.

--David Surratt as vice president for student affairs and dean of students at annual salary of $225,000. He will begin work Feb. 11.

Surratt is an OU graduate who has 17 years' higher education experience, including at OU. He currently is assistant vice chancellor and associate dean of students at the University of California-Berkeley.

Gallogly still has three positions on his executive team to fill.

Professor demoted

The Board of Regents also voted on title and salary changes for professor Suzette Grillot, who has criticized the board for the "selection of President Gallogly via a secret search."

Regents approved deleting the titles dean of the college of international studies and vice provost for international programs, and reducing Grillot's annual salary from $227,808 to $170,856.

Grillot, who was removed as dean Jan. 18, has said the move was retaliation after she spoke out over the regents' hiring process. Provost Kyle Harper said she was dismissed as dean because she would not cooperate with budget cutting in the College of International Studies.

All OU departments are being asked to cut their budgets.

The computer from the dean's office was removed Tuesday afternoon. Grillot discovered it that evening and tweeted:

"Arrived at the office tonight to learn that the OU provost and legal counsel confiscated my computer. This is classic intimidation. Can't buy my silence so they will look for (or maybe plant) something else. It won't work."

OU spokeswoman Lauren Brookey said OU's IT department took the computer to copy files related to the business of International Studies that are needed by Jill Irvine, the acting dean of the college. Brookey said the university computer will be returned to Grillot, who remains at OU as a tenured professor.

Grillot said Wednesday she reported the incident to the university police.

"I was fearful of what they were trying to do. I don't trust this administration," she said.

___

(c)2019 The Oklahoman

Visit The Oklahoman at www.newsok.com

Distributed by Tribune Content Agency, LLC.

Older

Granville house destroyed by fire; pets perished

Newer

American Family Insurance agents are not company employees, federal appeals court rules

Advisor News

  • Millennials are ready to bring their advisor to the family table
  • How healthcare inflation can eat up a client’s retirement income
  • Global economy ‘resilient’ in the wake of massive disruption
  • Cryptocurrency legislation takes one step forward with bipartisan support
  • IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
More Advisor News

Annuity News

  • Wink: Flat first-quarter annuity sales fall just short of $100B
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
  • Matthew Michelini named Athene president, with an eye on annuity growth
  • Lincoln Financial Announces Executive Leadership Transitions
  • MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
More Annuity News

Health/Employee Benefits News

  • Massachusetts attorney general's lawsuit alleges $100M fraud by UnitedHealthcare
  • Where Affordable Care Act insurance coverage has dropped most in WA
  • Rhode Island has a primary care problem. Health Insurance Commissioner Cory King has a plan.
  • An Application for the Trademark “YOUR WHOLE HEALTH IS OUR WHOLE POINT” Has Been Filed by Elevance Health, Inc.: Elevance Health Inc.
  • MedeAnalytics Joins AHIP, Bringing Enterprise Analytics Expertise to Industry Collaboration
More Health/Employee Benefits News

Life Insurance News

  • Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
  • Lincoln Financial Announces Executive Leadership Transitions
  • Setting the record straight on premium-financed IUL
  • AM Best Affirms Credit Ratings of Halyk-Life, JSC
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Press Releases

  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet