News From Terre Haute, Indiana

Business

November 9, 2009

Top business/industry leaders head Rose-Hulman board of trustees

TERRE HAUTE — Four leaders in business and industry have been elected to lead the Rose-Hulman Institute of Technology Board of Trustees.

The officers are:

• Chairman: William Fenoglio, retired chief executive officer of Augat Corp. and former General Electric Company executive;

• Vice Chairman: Jeffery Belskus, president and CEO of the Indianapolis Motor Speedway;

• Treasurer: Thomas Dinkel, president of Sycamore Engineering; and

• Secretary: Niles Noblitt, retired chairman and co-founder of Biomet.

A resident of Greenwood, Fenoglio is a 1961 graduate of Rose-Hulman and had been serving as chairman on an interim basis since last spring. He joined the board in 1992. Fenoglio brings an extensive executive background to the chairman’s position. He has had a distinguished executive career, which includes serving as vice president and general manager of the General Electric Co.’s component motor division where he headed 28 domestic and offshore operations with annual sales of nearly $1 billion.

In addition to his GE background, where he served for 23 years, Fenoglio is a past president and CEO of the Barnes Group, a diversified global components manufacturer and logistical services company, providing thousands of products and services to customers around the globe. He also is the retired CEO of Augat Corp., one of the world’s largest manufacturers of connector products with broad applications in the communications, computer, automotive and industrial markets.

Belskus, a resident of Zionsville, is a 14-year member of the board and had been serving as treasurer. He became CEO of the Indianapolis Motor Speedway earlier this year. Prior to that promotion, he had been executive vice president and chief financial officer for Hulman & Co., in Terre Haute and its subsidiaries, including the Indianapolis Motor Speedway and the Indy Racing League.

Belskus joined Hulman and Co. in 1987 as controller, and was elevated to treasurer in 1989. He was promoted to vice president in 1991, and executive vice president in 1994. He also serves on the Indiana State University Foundation board, the Morris Plan Co. board and the Indiana Board of the Nature Conservancy.

Dinkel, a board member since 2004, is president and owner of several corporations, all based in Terre Haute. The list includes Sycamore Engineering, a commercial and industrial construction company specializing in mechanical and electrical systems; Dinkel Associates, a mechanical and electrical engineering design firm; Dinkel Telekom, a company specializing in DC power system installations; and three real-estate development companies. He resides in Terre Haute.

A 1972 mechanical engineering graduate of Rose-Hulman, Dinkel also serves on the board of directors of First Financial Corp. and First Financial Bank, the board of the Greater Terre Haute Chamber of Commerce, and the executive committee of the Terre Haute Economic Development Corp.

Noblitt was re-elected as secretary and he has served as a board member since 1988. He is a 1973 Rose-Hulman biological engineering graduate who resides in Summerland Key, Fla. He co-founded Biomet in 1977, and served as chairman of the company’s board of directors. Biomet is a world-leader in the design and manufacture of surgical implants, orthopedic-support devices and various hospital supply products.

In addition to his Biomet background, Noblitt sits on the boards of NICO, an Indianapolis-based company that produces a minimally invasive medical device for the removal of tumors and tissues from the human brain, and OrthoHelix Surgical Designs, Inc., an orthopedic medical device company.

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