FOR IMMEDIATE RELEASE March 2, 2001 CONTACT: Lisa Lacher, (515) 271-3119 FOUR ALUMNI ELECTED TO DRAKE BOARD OF TRUSTEES Four new members have been elected to the Drake University Board of Trustees. The new members — all Drake alumni — are: Steven Chapman, president and CEO of ITA Group Inc.; Elizabeth "Libby" Swanson Jacobs, officer and assistant director, Corporate Relations, The Principal Financial Group; and state representative, District 74, Iowa House of Representatives; James Bruner, executive vice president and division manager of National Bank of Arizona in Scottsdale; and Ronald Roark, chairman and CEO of Crown NorthCorp in Columbus, Ohio. All four will serve three-year terms on the Board of Trustees, which meets four times yearly and serves as the University’s policy-making and governing body. Chapman, a 1973 Drake graduate, has been an officer of the Drake National Alumni Association. He joined ITA Group in 1974 and was elected president in 1990. He has transformed ITA Group from a commercial travel agency to a performance marketing company. He received the Iowa/Nebraska Entrepreneur of the Year Award in 2000. He also served for six years as a commissioner for the Iowa Development Commission. Jacobs, who earned a master's degree from Drake in 1986, worked for the American Lung Association of Iowa and the Iowa Bankers Association before joining The Principal Financial Group in 1989. She was first elected to the Iowa House in 1994 and was elected majority whip in 1999. She is a member of Drake’s Heritage Society and a life member of the Francis Marion Drake Society. Bruner, who received his bachelor's degree from Drake in 1960 and his law degree from Drake in 1963, served on Drake’s advisory board for 17 years before joining the University’s governing board. He received Drake’s Alumni Distinguished Service Award in 1986 and is a member of the Drake Heritage Society. He has been named Scottsdale Citizen of the Year. Roark, a 1972 Drake graduate, has served on the University’s advisory board for 13 years and chaired the board from 1998 through 2000. He belongs to the Drake Heritage Society and received Drake’s Alumni Loyalty Award in 1997. He founded Crown Corp., which went public in 1994 when it acquired Northcorp Realty Advisors of Dallas.