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Professorship/Scholarship Honor Boyles

harland.jpgBOONE — It’s not often that Harlan Boyles is speechless. For 23 years, the state treasurer has faced legislators, N.C. Council of State members and taxpayers as he helped chart the state’s sound financial footing.

The orator was without words when he learned that an endowment to benefit business students and faculty had been established in his name at Appalachian State University.

Boyles was honored during a CEO lecture series that bears his name. Since 1991, top chief executive officers from the state and region have participated in the Harlan E. Boyles Distinguished CEO Lecture Series, sponsored by Appalachian’s Walker College of Business.

During Monday’s event (Oct. 23), university officials announced the Harlan E. Boyles Partners in Excellence Professorship and the Harlan E. Boyles Scholarship in Business awards had been established by family, friends and colleagues.

More than $180,000 has been contributed or pledged toward a $250,000 endowment goal. The endowment will fund an endowed professorship, one of 10 being established in the business college. The award will be presented every two years to an outstanding faculty member of the Walker College of Business. The $5,000 award will include a salary stipend and funds to enhance the faculty member’s teaching.

The Boyles scholarship will be awarded to the best and brightest students in the business college.

“It is fitting that the scholarship and professorship bear Harlan’s name. He has always had such a focus on students and education,” said Kenneth E. Peacock, dean of the Walker College of Business.

Boyles has been a member of the state government for more than 49 years, first as a corporate tax auditor. He joined the treasurer’s office in 1960 as a deputy treasurer and was elected treasurer in 1976.

During his tenure, the state’s investment portfolio grew from $4 billion to more than $68 billion in assets. North Carolina is one of only eight states to hold a Triple-A credit rating, a rating that saves the state in lower interest rates on bonds issued for education, transportation or construction projects.

Boyles announced in January that he would not seek re-election to the office of state treasurer.

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Picture Caption: Chancellor Francis T. Borkowski holds a scroll listing contributors to the Harlan E. Boyles Partners in Excellence Professorship and the Harlan E. Boyles Scholarship in Business. Boyles, third from left, was honored during a lecture series at Appalachian State University bearing his name. Sen. James T. Broyhill (retired), left, and Dean Kenneth E. Peacock, far right, look on. (Appalachian photo by University Photographer Mike Rominger)