Two Carnegie Mellon University alumni are the newest members of the university’s board of trustees. Shrinivas Dempo, a 1995 MBA graduate of the Tepper School of Business, and Lane Bess, a graduate of the Dietrich College of Humanities and Social Sciences, join the 45-person trustee panel. They were unanimously elected as members at the most recent board meeting held on the 18th May 2019.
“I’m pleased to announce the addition of Lane and Shrinivas to our board of trustees,” said Carnegie Mellon President Farnam Jahanian. “Their leadership skills, expertise and business acumen will be valuable assets to the board and the university as a whole, and we are grateful for their service and commitment to CMU.“
Coming specially to Mr. Dempo, he is chairman of the 77-year old, family-owned DEMPO conglomerate based in Goa, and managing director of V. S. Dempo Holdings Pvt. Ltd, the group’s holding company. Dempo Group is a conglomerate diversified across a variety of industries, from software and shipbuilding to real estate and professional sport.
Chairman Dempo is a strong advocate of the Tepper School of Business, hosting events in Mumbai and serving on panel discussions as a representative of the school. Dempo and his wife, Pallavi, have supported Carnegie Mellon since he earned his MBA in 1995, most recently with a gift to the David A. Tepper Quadrangle and previously to create the Vasantrao Shrinivas Dempo Professorship, named in honour of his late grandfather.
“Lane and Shrinivas have been exceptional members of the Carnegie Mellon community for decades,” said James E. Rohr, chair of CMU’s Board of Trustees. “We are pleased to welcome them into this new role during this exciting time of innovation and discovery for our university.“
The board of trustees for Carnegie Mellon has fiduciary responsibility for the university and provides guidance and support as CMU pursues its mission of education, research and transfer of knowledge to society. Members offer expertise in financial and regulatory matters, are leaders in their respective fields and reflect diversity in all its dimensions, including gender, race, nationality and breadth of experience. They also are tasked with recruiting, supporting, and evaluating the president.
All at the Group profusely and heartily congratulated Chairman Shrinivas and Executive Director Pallavi Dempo on this rare honour, the sole one enjoyed by a Goan!