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Three former members of the Board of Visitors, including one who is a graduate of the university, have been elected to one-year terms as officers of the Educational Foundation for 2001-02.

In addition, two of the three new members elected to the foundation's board of trustees are former Old Dominion students.

Serving as chairman of the Educational Foundation is Joan D. Gifford, president and chairman of the board of Coldwell Banker Gifford Realty Inc. in Norfolk.

Gifford, who will receive the university's Albert B. "Buck" Gornto Jr. Regional Service Award at the Oct. 11 Founders' Day program, has had a long association with Old Dominion. She was a member of the Educational Foundation board from 1993-96 and 1999-2000, and served as chair in 1994-95. She also was a member of the university's Real Estate Foundation board (1995-97 and 1999-2000) and Board of Visitors (1995-99). Gifford served as vice rector of the Board of Visitors in 1998-99.

Anne B. Shumadine, president of Signature Financial Management Inc. in Norfolk, is the new vice chairman of the Educational Foundation. She served as a member of the Board of Visitors from 1993-97 and was rector of the board in 1996-97. She was a member of the Educational Foundation board from 1997 to 2000.

Bruce T. Bishop, a 1973 graduate, was elected secretary of the Educational Foundation. A partner in the Norfolk firm of Willcox & Savage, PC, he served on the Board of Visitors from 1972-83. He also was an Educational Foundation board trustee from 1997 to 2000.

Appointed as treasurer was Stephen B. Ballard, president of S.B. Ballard Inc. in Norfolk. He served on the Educational Foundation board from 1997 to 2000.

New members elected to three-year terms on the board of trustees were Richard T. Adams '81, David W. Faeder '78 and Marc Y.E. Pelaez.

Adams is vice president of e-business for Royal Caribbean Cruise Lines. He served on the Alumni Association board in 1999-2000.

Faeder is vice chairman of the board for Sunrise Assisted Living Inc. He received a Distinguished Alumni Award in 2000 and serves on Old Dominion's Northern Virginia Advisory Committee.

Pelaez is vice president for business development at Newport News Shipbuilding.

The Educational Foundation manages endowed funds and other assets of the university valued at more than $100

This article was posted on: October 17, 2001

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