December 23, 2015
Wednesday, December 23, 2015
LANSING, Mich. – Gov. Rick Snyder today announced the appointment of Virinder Moudgil, of Rochester Hills, and the reappointments of Robert Ferrentino, of Greenville, and Glenn Mroz, of Houghton, to the Michigan Education Trust board of directors.
Housed within the Michigan Department of Treasury, the nine-member board oversees the function of the MET program. MET is a Section 529 prepaid tuition program that helps Michigan residents save for higher education while avoiding rising tuition rates. The MET board also serves as an advisory board for the Michigan Education Savings Program (MESP). MESP is a Section 529 direct-sold college savings program that helps Michigan residents save for higher education.
"Virinder, Glenn, and Ferrentino have distinguished careers in education and will continue to be a tremendous asset to this board," Snyder said.
Appointment
Moudgil is the president and CEO of Lawrence Technological University. He previously served as senior vice president for academic affairs and provost at Oakland University. Moudgil earned a doctorate in zoology and biochemistry from Banaras Hindu University. He will represent independent degree-granting colleges and universities and fills the vacancy created by the resignation of Thomas Sullivan. Moudgil will also serve as vice president of the Trust.
Reappointments
Ferrentino is president of Montcalm Community College. He previously held various leadership positions at Muskegon Community College and Lansing Community College. Ferrentino earned a bachelor’s degree in marketing from Northern Illinois University, a master’s in business administration from Northern Illinois University, and a law degree from Cooley Law School. He continues to represent presidents of community or junior colleges.
Mroz is currently president of Michigan Technological University. He also serves as a member of the Citizens Research Council, chair of the President’s Council of State Universities of Michigan, and chair of the Great Lakes Intercollegiate Athletic Conference Council of Presidents. Mroz earned a bachelor’s degree and master’s degree from Michigan Technological University and a doctorate in forestry from North Carolina State University. He continues to represent presidents of state institutions of higher education.
Moudgil will serve a term expiring at the pleasure of the Governor and serve as the vice president of the trust. Mroz and Ferrentino will serve three-year terms expiring Dec. 31, 2018. Their appointments are subject to the advice and consent of the Senate.
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