October 18, 2013
Westerville, OH—Mark R. Thresher, executive vice president and chief financial officer of Nationwide, was named chair of the Otterbein University Board of Trustees in May and will be overseeing his first regular-session Board meeting on Oct. 19. Thresher has been a member of the Board since 2000 and has served on the Executive and Advancement Investment Committees and as chair of the Audit Committee. He became vice chair in 2006.
“It is an honor and a privilege to serve as the chair of the board for Otterbein University, as I have many personal and professional ties to the school,” Thresher said. “I am looking forward to working closely with President Krendl and the entire organization as we advance Otterbein’s mission.”
Thresher graduated from Otterbein in 1978 with a bachelor’s degree in accounting and launched a career that would culminate in his current position as executive vice president and chief financial officer of Nationwide. He joined Nationwide in 1996, serving first as the vice president and treasurer for Nationwide. He was quickly promoted to senior vice president of finance and chief financial officer of Nationwide Financial, the Life and Retirement Services arm of Nationwide. In 2004, he became the president and chief operating officer for Nationwide Financial.
Prior to joining Nationwide, Thresher spent 18 years with KPMG LLP. During his last eight years there he served as the lead engagement partner on a number of insurance organizations throughout the country.
Thresher brings his leadership skills into the community, as well. He is the past chair of the COSI Columbus Board of Trustees and was the campaign chair for the Ohio Foundation of Independent Colleges from 2009-2011 and currently serves on its Board. He is also a member of the Advisory Board of the American College Center for Ethics in Financial Services and the Financial Services Roundtable. He was a Congressional delegate for the 2006 National Summit on Retirement Savings held in Washington, D.C.
Thresher succeeds Thomas C. Morrison, Otterbein class of 1963, who completed two four-year terms as chair before retiring from the Board in May. Professionally, Morrison has built a reputation as a nationally-renowned trial and appellate attorney, trying more than 60 commercial litigation cases and more than 35 appeals in state and federal courts throughout the country. As chair, Morrison has overseen many changes to the University, including the expansion and renovation of the Science Center; the building of the Austin E. Knowlton Center for Equine Science; the hiring of Otterbein’s first woman president; the purchase of properties west of Alum Creek; and the evolution of the academic program, including establishment of the position of provost, formation of three “colleges” within the University, transitioning from quarters to semesters and returning historical roots as “Otterbein University.”
Otterbein’s Board of Trustees is comprised of 22 members, including alumni, professionals, students and representatives from the United Methodist Church. They meet three times during the academic year.