At its Nov. 17, 2011 meeting, the University of Michigan board of regents authorized eight items that required disclosure under the state’s Conflict of Interest statute. The law requires that regents vote on potential conflict-of-interest disclosures related to university staff, faculty or students. Often, the items involve technology licensing agreements or leases. This month, the items included three lease agreements, three research option agreements and one licensing agreement.
Also authorized was a collaboration between The Ark, a downtown Ann Arbor concert venue, and the University Unions Arts and Programs. The event – an Oct. 7 concert by Vienna Teng at UM’s Power Center – triggered the conflict-of-interest issue because The Ark’s board chair, Kathryn Huss, works for UM as deputy director and chief administrative officer of the Museum of Art.
This brief was filed from the boardroom of the Fleming administration building on the UM campus in Ann Arbor. A more detailed report will follow: [link]