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Governor announces appointments to William & Mary Board of Visitors

L. Clifford Schroeder, Sr. HON '08, Edward L. Flippen M.B.A. '67, J.D. '74, and Laura L. Flippin '92 have been appointed to William & Mary's Board of Visitors, Gov. Robert F. McDonnell announced Thursday. Additionally, Charles A. Banks III HON '05 has been reappointed to a second term on the College's governing body. The new board members replace Tom Capps and Suzann Matthews '71, who both stepped down from the Board of Visitors this summer following two terms, and Sally Gore '56, who served on the board for seven years.

"It is very hard to see Suzann, Sally and Tom leave the Board after their many years of dedicated service to the College," said William & Mary President Taylor Reveley, "but we are truly delighted to have Charlie back for another four years, to see Cliff return to the BOV, and to add Ed and Laura, both of whom are devoted graduates of William & Mary."

L. Clifford Schroeder, Sr.

SchroederA graduate of Harvard College and Harvard Graduate School of Business, Schroeder is the chairman and chief executive officer of LCS Realty, LLC and a principal of Chronos, L.C. Ltd., a Richmond real estate investment company. Previously, he was the president of Dixie Container Corporation. Schroeder has served on the Board of Visitors and Governors of Washington College in Maryland, where he founded the Center for Environment and Society. In 2001, he received a doctorate in public service from that institution.

Schroeder served on William & Mary's Board of Visitors from 2000 to 2004, chairing the committee on development and alumni affairs. With the generous support of Schroeder and his wife, Lois, the Schroeder Center for Health Policy was established as part of William & Mary's Center for Public Policy Research in 2003. According to its website, the center is dedicated to providing a full range of research, education and service to improve the financing and delivery of medical services. In 2008, Schroeder was elected an honorary alumnus by William & Mary's Alumni Association for his support of the College. Currently, Schroeder serves on the William & Mary Foundation Board, which he has previously chaired.

Edward L. Flippen

Before receiving his master's and law degrees from William & Mary, Flippen earned his undergraduate degree from Virginia Commonwealth University. Now a partner with McGuire Woods LLP, he has been practicing law for more than 30 years. From 1975-1980, he served in the Office of the General Counsel of the Virginia State Corporation Commission, ultimately being promoted to deputy counsel. Flippen next served as assistant general counsel for Duke Power Company from 1980-1981. He joined the Energy and Environment Group at Mays and Valentine as an associate in 1981 and became a partner in 1983. Thirteen years later, he joined McGuire Woods.


Flippen previously served as a member of the Board of Visitors of Virginia Commonwealth University, serving as rector from 2000 to 2002. He has also served on the Board of Directors of the Medical College of Virginia Hospitals Authority and as the chair of Governor Gilmore's Blue Ribbon Commission on Higher Education. Flippen lectured on trade regulation at William & Mary's graduate school of business administration from 1978 to 1988. He also served at the William & Mary Law School as an adjunct professor of law in economic regulation from 1996 to 1998 and as an adjunct professor of law in applied business and law in 2002. In 2009, he again taught at William & Mary, this time as a professor of public policy.

Laura L. Flippin

Flippin, a partner with Paul, Hastings, Janofsky & Walker and chair of the Litigation Department in its Washington D.C. office , was student assembly president at William & Mary while she worked on her degree in government and public policy. She went on to receive a master's and law degrees from the University of Virginia. Before joining her current firm, Flippin was a commissioned officer and special assistant to President George W. Bush at the White House, handling homeland security matters.


She also served as a trial attorney with the U.S. Commodity Futures Trading Commission, deputy assistant attorney general at the U.S. Department of Justice, and clearance counsel in the White House Counsel's office.

Flippin's current work focuses on government investigations, corporate internal investigations and compliance, securities fraud and complex civil litigation matters.

Charles A. Banks III

Banks, of Gloucester, Va., is a partner with Clayton, Dubilier & Rice, LLC. A graduate of Brown University, he worked for Ferguson Enterprises for 34 years, including more than a decade as its president. In 1992, he also began working on the board of Ferguson's parent company, Wolseley. Nine years later, he retired as group chief executive of Wolseley, which is based in London. Banks is a member of the board of directors of the worldwide distribution company Bunzl and Townebank Peninsula.


Banks began his work at William & Mary in 1989 when he was elected to the William & Mary Mason School of Business Foundation Board. He served as chairman of that board for nearly a decade and oversaw a comprehensive strategic planning process. Banks still serves the foundation as a special advisor, and he has been an enthusiastic supporter of William & Mary Athletics. In 2005, he was named an honorary alumnus of William & Mary for his support of the school. The following year, he was appointed to William & Mary's Board of Visitors. He currently serves as chair of the committee on financial affairs, and is a member of the executive committee and the committee on development and alumni affairs. He previously served as chair of the committee on athletics.