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September brought a takeover of the Brown University Sports Foundationor just the Sports Foundation, as the organization is more commonly knownbut it was neither hostile nor fought off with a poison pill. The takeover was by a new generation of leaders. At the groups September 28 board meeting, president Gordon Perry 55 and vice president Elizabeth Chace 59 stepped down after nine years and were replaced, respectively, by Ken OKeefe 76 and Paula Murray McNamara 84.

OKeefe, who retired two years ago as president and COO of Clear Channel Radio, is president and CEO of NewVen Partners, a private investment and consulting firm. McNamara, a former art history concentrator, is a director with Fidelity Investments. Both have long been prominent Brown volunteers.

As for Perry and Chace, they managed to double both the Sports Foundations endowment over the past eight yearsit now stands at $45 millionand its level of annual giving. Its a tough act for the young upstarts to follow.

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