Gov. Brown Appoints Four New Regents

Gov. Jerry Brown announced Friday that he will appoint four members — including two reappointments — to the UC Board of Regents for the 2014 calendar year, following confirmation by the state senate.

The chosen regents include members Richard C. Blum and Norman Pattiz, both of whose terms were set to expire in March.

Blum — husband of Democratic California Senator Dianne Feinstein — is a philanthropist involved in the compensation and finance aspects of the UC Regents, while Pattiz, head of a radio and media company, oversees the UC Regents Department of Energy Laboratories.

Brown also named newcomer investment expert Richard Sherman and returning ex-regent Monica Lozano, a communications company executive who completed her 12-year term last year. Lozano is also chief executive officer of the country’s largest Spanish newspaper publication and holds a position on the nation’s Economic Recovery Advisory Board.

Sherman will join the board while continuing his position as chief executive for The David Geffen Co.; he previously acted as the director of DreamWorks SKG Inc.
UC Regents chair Bruce Varner released a statement on Jan. 17 following Brown’s announcement.

“I am very happy that Governor Brown has appointed three individuals with so much regental experience and another who will bring additional expertise to the University of California Board of Regents,” Varner said. “It will be great to have Monica Lozano back on the board and Richard Blum and Norman Pattiz continuing their service as regents. We look forward to welcoming Richard Sherman, whose financial and investment experience will be an invaluable asset.”

Brown proposed the appointments as part of his duties as president of the UC Regents in charge of selecting the 18 regent members, filling four out of seven vacancies on the board.

All four Democratic members will assume their positions in March 2014, each beginning a 12-year term without compensation.

The current UC Regents is set to convene this week for a scheduled meeting in UCSF Mission Bay and will include a discussion of the governor’s recent proposed budget and its impact on the University of California.