Trumbull News Detail
Selip Elected to KSU Foundation BoardPosted Mar. 7, 2013
The Kent State University Foundation’s Board of Directors recently appointed Richard Selip, president of Grand River Rubber & Plastics in Ashtabula, to a 3-year term on the University’s Foundation Board.
“When asked by Dean Stocker if I would consider joining the KSU Foundation Board, I did not hesitate one moment. If by serving I can bring focus and support to the Ashtabula campus, then it will be time well spent,” Selip said.
With more than 35 years of experience in the business world, Selip and business partner Joe Misinec acquired Grand River Rubber and Plastics in 1976. The company specializes in lathe-cut washers, tubular gaskets, and flat belts. In 1986, he became president of Grand River Rubber & Plastics, and in 2011, Selip and Misinec sold all shares in the company to an Employee Stock Ownership Trust.
“As an employer of over 200 people, I have recognized for many years that our employees are our greatest asset. Every person should have the opportunity to make the most of what an area has to offer. For many, that means access to additional educational opportunities. In the case of KSUAC, we provide those opportunities to a non-traditional student body where many people are seeking to acquire new skills and knowledge to improve their own standard of living and quality of life,” Selip added.
Dr. Susan Stocker, Dean and Chief Administrative Officer of the Kent State University Ashtabula campus, remarks that “Selip’s experience as a business owner and community leader will be an asset to the Kent State Foundation. With a record enrollment of 2,600 at the Ashtabula campus and several new expansion projects taking place, we’re proud to have an advocate who understands the needs of students on a regional campus serving as a voice with the KSU Foundation.”
A current resident of Geneva, OH, Selip is past president of the Partnership for Education in Ashtabula County and current vice-president of the Ashtabula County Port Authority. In addition, the Ashtabula Area College Committee awarded Selip the Community Service Award in 2010.
The Kent State University Foundation Board comprises 38 members. Incorporated in 1965, the Kent State University Foundation is a not-for-profit entity that receives gifts on behalf of the university, manages and invests those funds, and administers them in accordance with donor wishes.