Penn State trustees chairwoman won't run again

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Associated Press

Posted on December 19, 2012 at 7:02 AM

Updated Wednesday, Dec 19 at 7:02 AM

STATE COLLEGE, Pa. (AP) — The Penn State board of trustees chairwoman who led the board's efforts to reform university governance and increase transparency after the Jerry Sandusky child sex abuse scandal says she won't run for another term.

Karen Peetz says she will remain on the board but will be busy with a new job at Bank of New York Mellon.

Penn State made the announcement Tuesday, days after the bank made Peetz its president effective Jan. 1.

Peetz has been a Penn State trustee since 2010 and took over as chairwoman this past January, not long after Sandusky was arrested.

Sandusky is a former Penn State football assistant coach. He was convicted this summer of abusing several boys but maintains his innocence.

The NCAA levied unprecedented sanctions against the university's football program.

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