Business Services Industry
Waco, Texas, University Regent Resigns, Citing Conflict of Interest.
Knight Ridder/Tribune Business News, September, 2003
By Linda K. Wertheimer, The Dallas Morning News Knight Ridder/Tribune Business News
Sep. 19--A Baylor University regent whose brother is the school's chief financial officer resigned Thursday, citing conflict-of-interest guidelines on board appointments.
Duane Brooks, pastor of the Tallowood Baptist Church in Houston, has served on the Baylor board since 2000, a month after his brother David became Baylor's chief financial officer.
The Baptist General Convention of Texas, which picks a fourth of the Baylor board, nominated the pastor as a regent in 1999 and re-appointed him last November.
The Baptist General Convention's guidelines state that a close relative of one of the top officers of a university cannot serve on the...
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