University System of Maryland Foundation appoints new board members

The University System of Maryland Foundation, Inc., announced March 23 the election of two new members to its board of directors: John J. (Jack) Cronin, Senior Vice President of ATK; and Eric E. McLauchlin, a shareholder in the firm of Gessner, Snee, Mahoney & Lutche, P.A.

Cronin has served as senior vice president of ATK, a premier aerospace and defense company, since 2006, and currently serves as president of ATK’s Mission Systems division. A 1978 graduate of the United States Military Academy at West Point, NY, Cronin served in active duty as a U.S. Army officer and helicopter pilot for eight years. He holds a master of science degree in systems management from the University of Southern California.

“Jack brings a wealth of business and technology experience to the work of the USM Foundation,” said Leonard R. Raley, president of the foundation. “This is critical as the foundation works to assist USM institutions in fulfilling their mission to educate students and build Maryland’s workforce—especially in science and technology disciplines.”

McLauchlin practices law in diverse spheres including business structures and formation; business sales, mergers and acquisitions; contracts; and the use and transfer of intellectual property. He is involved with general civil and business litigation as part of his customary practice, and also provides government relations assistance to clients working with Harford County and its municipalities. McLauchlin is a 1992 summa cum laude graduate of Salisbury University and a 1995 honors graduate of the University of Maryland School of Law. He is a member and past president of the Salisbury University Alumni Board. He is also chairperson of the Harford County Economic Development Advisory Board (EDAB), a member of the Board of Directors and the Executive Committee of the Harford County Chamber of Commerce, and was appointed to Harford County’s BRAC Preparedness Advisory Commission.

“We are delighted that Eric has joined the foundation’s board of directors,” said Raley. “He brings a wealth of legal knowledge as well as the perspective of a graduate of two University System of Maryland institutions. Eric is involved in a host of civic and charitable activities in Harford County, and his experience will be invaluable.”

“The University System of Maryland Foundation is fortunate to have these two additions to its board,” noted Walter R. Fatzinger, Jr., board chairman. “Jack and Eric will add further expertise to the foundation’s dedicated and experienced volunteer board.”

Through investment and fund management services, the University System of Maryland Foundation, Inc., strengthens the capacity of the institutions comprising the University System of Maryland as they seek to broaden access to high-quality higher education, meet the region’s workforce needs and expand the boundaries of knowledge for the benefit of the state and nation. The foundation currently has more than $750 million in assets under management.

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