Graduate Management Admission Council Names New Board Chair and Five New Board Members Alfons Sauquet of ESADE Business School Will Become GMAC’s New Board Chair RESTON, VA - (June 12, 2014) The Graduate Management Admission Council welcomed a new chair and five additions to its board of directors today at its annual business meeting in Baltimore. Chairing the board will be Alfons Sauquet, dean of ESADE Business School. Arriving to the board are William Boulding, dean and J.B. Fuqua Professor at Duke University’s Fuqua School of Business; Tom Buiocchi, Silicon Valley executive and former CEO of Drobo, the data storage firm; Kenneth W. Freeman, dean and Allen Questrom Professor, Boston University’s School of Management; Kate Klepper, associate dean of graduate business programs, Northeastern University’s D’Amore-McKim School of Business; and Donna Rapaccioli, dean of Fordham University’s Gabelli School of Business. “GMAC’s board brings an incredible level of expertise and insight to the work that we do,” said Sangeet Chowfla, GMAC president and CEO. “We are looking forward to the contributions of these new board members and to working closely with Alfons Sauquet, who knows GMAC very well, during his term as Chairman. I’m confident in the contribution they will make as GMAC implements new efforts to expand the student pipeline and deepen our commitment to being the leader in connecting the talent and aspirations of students with the education and career opportunities presented through management education.” “Serving on GMAC’s board has always been a satisfying and worthwhile experience, as this organization has achieved so much,” Sauquet said. “GMAC will continue to achieve great things and be of great value to schools and students alike. I am honored to have this chance to lead the board In supporting and helping guide that effort. I am excited about the new board and all that we can accomplish together with Sangeet and the executive team at GMAC.” Terms of board chairs are one year, and board member terms are four years. All director terms begin July 1, except for Buiocchi’s, whose term began in March. Sauquet has served as dean of ESADE Business School since 2008, where he previously was vice dean of research and knowledge and director of university programs. Has published articles and books on learning and innovation, and serves on the governing board of the European Institute of Technology and several others. He been a guest speaker at forums hosted by AACSB, CLADEA, EFMD, and UNESCO. Boulding is dean and J.B. Fuqua Professor of Business Administration at the Duke University Fuqua School of Business. His previous roles at Fuqua include deputy dean, senior associate dean for programs, associate dean for the daytime MBA program, and co-director of the Teradata Center for Customer Relationship Marketing. Buiocchi was formerly CEO of Drobo, a venture-backed data storage company focused on consumers and small business. Prior to Dobro, he served as an executive in residence at Mohr Davidow Ventures. He also was head of marketing at Brocade Communications, vice president of marketing at Rhapsody Networks, worked in leadership positions for H-P, and began his career as an engineer at IBM. Freeman is dean and Allen Questrom Professor at Boston University School of Management, which he joined in 2010. He began his career at Corning Inc. in 1972. Freeman led a turnaround of Quest Diagnostics, a Corning spinoff, as CEO and in 2013 was named one of the 100 best performing CEOs in the world by a study conducted by INSEAD and published in Harvard Business Review. Klepper is associate dean of graduate business programs, Northeastern University’s D’Amore-McKim School of Business, where she is responsible for all aspects of graduate program activities, including recruitment and retention activities, career services, and financial management. She previously was dean of graduate admissions at the F.W. Olin Graduate School of Business Administration at Babson College. Rapaccioli is dean of business faculty and dean of Fordham University’s Gabelli School of Business. She serves on the Board of Trustees of Emmanuel College in Boston and is a member of the Advisory Board for the International Association of Jesuit Business Schools. In her role as professor, Dr. Rapaccioli was selected by students to receive the outstanding teacher award. About GMAC: The Graduate Management Admission Council (gmac.com) is a nonprofit education organization of leading graduate business schools and owner of the Graduate Management Admission Test (GMAT exam), now celebrating its 60th year and used by more than 6,100 graduate business and management programs worldwide. GMAC is based in Reston, Virginia, and has regional offices in London, New Delhi and Hong Kong. The GMAT exam -- the only standardized test designed expressly for graduate business and management programs worldwide -- is continuously available at approximately 600 test centers in 113 countries. More information about the GMAT exam is available at mba.com. For more information about GMAC and additional resources for media, please visit gmac.com/newscenter.