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Trustees elect new board president

Updated: January 20, 2012, 7:26 PM ET
Associated Press

STATE COLLEGE, Pa. -- Penn State's Board of Trustees elected banking executive Karen Peetz to lead the embattled board and help the school negotiate the aftermath of a nightmarish child sex abuse scandal involving a former assistant football coach.

The trustees picked Peetz to be president of the 32-member board in a voice vote Friday. She is vice chairman of The Bank of New York Mellon. The trustees also elected farm owner Keith Masser as the vice chair. Like Peetz, he was unopposed.

They're ...

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