By Associated Press - Sunday, March 1, 2020

BATON ROUGE, La. (AP) - The fundraising arm of Louisiana State University hired as its new leader the man who has been serving in the interim role heading the organization.

The LSU Foundation Board of Directors announced Thursday that it named Robert Stuart Jr. as president and CEO. Stuart worked as interim president and CEO since Jan. 1, after J. Bryan Benchoff retired.

“Rob’s transition into the interim role has been seamless, a reflection of the breadth and depth of his experience with the LSU Foundation and the entire university,” Foundation Board of Directors Chair Clarence Cazalot Jr. said in a statement.

Stuart had a long background of volunteering with the university on fundraising and other efforts.

During his tenure as chairman of the foundation’s board, Stuart led preparations for a $1.5 billion money-raising effort called the Fierce for the Future Campaign. The campaign recently reached its halfway mark a year earlier than expected.

A former corporate banking executive at Capital One, Stuart also has served as chairman of the board of the Baton Rouge Area Chamber and Woman’s Hospital. He holds both bachelor’s and master’s degrees in finance from LSU.

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