Monday, October 24, 2011

Ray Smoot To Retire from Tech Foundation

Long-time university business executive Raymond J. Smoot Jr. (left) will relinquish leadership at the Virginia Tech Foundation next year, announced Horacio Valeiras, Virginia Tech Foundation chairman. Smoot, a 1969 Virginia Tech graduate, intends to retire from full-time leadership of the Virginia Tech Foundation in July 2012.

“Ray has proved to be a valuable leader, administrator, and business executive in many roles across his four decade association with the university and its foundation. He has been at the center of many university successes,” said Virginia Tech President Charles W. Steger.

The foundation begins its transition with another long-time Virginia Tech administrator. John Dooley, vice president for outreach and international affairs, will become the foundation’s chief operating officer April 1, 2012, and then chief executive officer upon Smoot’s retirement in July.

“We have a seasoned administrator in John with strong command of the higher education landscape, community relations, and understanding of the foundation’s role in advancing the university,” said Steger.

While Smoot may be stepping down from full-time leadership of the Virginia Tech Foundation, he will remain for two years on a part-time non-management basis to assist the university and foundation.

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