The following was submitted by Karen Cady, senior director of university relations at Salem State:
Pamela Carrington Scott, president and CEO of LVCC, Inc., was elected to a one-year term as chair of the Salem State University Board of Trustees at the board's June 6 meeting. She succeeds outgoing chair Jacob S. Segal Esq., of Marblehead.
Salem State President Patricia Maguire Meservey praised Scott's work on the board over the last three years.
"Pamela Scott joined the university's board of trustees at a critical juncture in its growth and development, and offered major support when Salem State College became Salem State University in 2010," Meservey said. "Her extensive knowledge of corporate and nonprofit finance and business organization, coupled with her commitment to nonprofit entities in volunteer leadership roles, has been of inestimable value to the university.
"In electing Pamela Scott their chair for the next two years, the board of trustees has clearly recognized the business acumen, leadership skills and commitment to higher education she brings to the table."
In accepting the position, Scott acknowledged both the work before the board and her willingness to steward its mission going forward.
"I accept this position with pride, but also with a sense of humility," Scott said. "I consider it my duty and privilege to lead Salem State University's board of trustees and partner with President Meservey to advance our goals of academic achievement at the university. Our students and faculty continue to distinguish themselves among their peers nationally in many areas of scholarship.
"We strongly believe that our students deserve the best that we can offer in the classroom and in the community as they prepare themselves for the future. I am committed to supporting faculty and staff in providing the necessary resources to achieve our shared vision of academic excellence and student success in this very challenging economic environment."
Scott has more than 30 years of sales and management experience in financial services and investment management. Prior to forming LVCC, Inc., in 2003 - a business consulting firm that advises firms on business development and organizational issues - she was a senior vice president at State Street Corporation, where she managed investment relationships with mutual funds, and corporate and public pension fund investors, and led the State Street Global Advisors' Charitable Asset Management Department, which served nonprofit organizations. Scott began her career in investment management at Citibank, and has held sales, marketing and management positions with other global investment firms in the New York City area.
She is a former director - and chairwoman of the wealth management committee - of Danvers Bancorp, Inc., holding company for Danversbank (DBNK). She served as director of Beverly National Corporation - holding company for Beverly National Bank - from 2006 until its merger with Danversbank in 2009.
As a corporate director, she is an active member of the Boston chapter of Women Corporate Directors and the New England chapter of the National Association of Corporate Directors.
Scott has an extensive history of support and involvement with nonprofit organizations in education, social services, performing arts and healthcare, and professional associations. She was appointed trustee of Salem State University by Governor Deval Patrick in 2009, and currently serves on the board of directors of the United Way of Massachusetts Bay and Merrimack Valley, and The Boston Club, an organization of senior professional women.
She has also recently served as an overseer of Dartmouth's Tuck School of Business, president of Girls, Inc., of Lynn, a director of the Celebrity Series of Boston and the National Association of Securities Professionals (NASP), and president of NASP-Boston chapter.
She holds a BA in economics from Rice University, and an MBA in finance from the Tuck School at Dartmouth College.