The board of trustees of Oakland University in Rochester Hills has elected Richard L. DeVore to serve as its new board chair, and W. David Tull as its new board vice chair.
DeVore succeeds Mark Schlussel as board chair, and Tull succeeds DeVore as vice chair. Schlussel is a partner of the Birmingham law firm, Schlussel and Schefman.
“I care deeply about this university, and it is an honor for me to be selected as the next chair,” DeVore says.
DeVore, appointed to the university’s board of trustees in July 2013, is the regional president of Detroit and Southeast Michigan at PNC Financial Services Group in Troy. He also chairs the local PNC Foundation.
Prior to his current role at PNC, DeVore was the credit executive for commercial lending for PNC Bank.
DeVore holds a bachelor’s degree in business administration from the University of Michigan and a master’s degree in business administration from Wayne State University. He also completed the Wharton School of Advanced Risk Management course in 2008.
DeVore serves on the board of directors of Business Leaders of Michigan, Horizon Global Inc., Cranbrook, Detroit Economic Club, Detroit Symphony Orchestra, Detroit Regional Chamber, and Ann Arbor Spark.
Tull (left), chairman and founder of Crestmark Bank, was appointed to the university’s board of trustees in August 2014.
“It is an exciting time to be at Oakland, and I look forward to the coming year and all the opportunities it will bring,” he says.
Tull was previously the executive vice president and treasurer of Michigan National Corp., and he holds a bachelor’s degree in business administration from the University of Michigan and a banking degree from the University of Wisconsin Graduate School of Banking.
He has served on boards for the American Factoring Association, International Factoring Association, Michigan Bankers Association, The Crown Group, Michigan National Bank, Independence One Mutual Funds, Marquette Venture Capital Advisory Board, Detroit Historical Society, and the Music Hall Center for Performing Arts.
The eight-member board of trustees governs Oakland University. The board provides general supervision of the university, including control and direction of all expenditures from the institution’s funds, and also appoints the university president.