After a nationwide search, the dean of the Wisconsin School of Business has been named to head the private, nonprofit corporation that raises, invests and distributes funds for the benefit of UW-Madison. Michael M. Knetter will succeed Andrew A. Wilcox, who has served as the Foundation President for 22 years. Knetter will assume the duties of president and chief executive officer in October, when Wilcox retires.

Knetter is a graduate of UW Eau Claire with a doctorate from Princeton, and served on the Council of Economic Advisers for presidents George H.W. Bush and Bill Clinton. He’s been dean of the business school since 2002, where Chancellor Biddy Martin says he’s been an innovative leader. Martin said an international search will be conducted for a successor to Knetter at the business school. Established in 1945, the UW Foundation has $190 million in assets under management.

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