MSU-B Foundation Announces Retirement of CEO, Bill Kennedy

FOR IMMEDIATE RELEASE                                  Wednesday, November 16, 2021

Contact: Don Roberts – Acting Chair, MSU-B Foundation Board of Directors 406-670-8531

BILLINGS, MT — Today the Montana State University-Billings Foundation (the Foundation) announces the retirement of Bill Kennedy, who has been its CEO since 2016. The Foundation will be under interim leadership while a search begins for a new CEO.

Kennedy and the Foundation’s Board of Trustees issued a joint announcement thanking donors and the community for their support during his tenure. When Kennedy took over as Foundation CEO, the University was facing an uphill battle relative to building a new science building, but under his leadership and efforts, the goal of raising the funds to help build the $18.5 Million Science Center became a reality. The new Yellowstone Science and Allied Health Building is now open and serving students and faculty with state-of-the-art spaces and equipment. 

“We all can be proud of that accomplishment and others,” says Kennedy. “In the last year, we were able to honor our mission to advance the goals of the University by giving $6.8 million to reduce financial barriers for students in obtaining a quality education, to enhance the campus experience, and to encourage the growth of MSU Billings.”

According to Don Roberts, MSU-B Acting Foundation Chairman, another highlight is that the Foundation’s stewardship of donated funds has been strengthened with new investment management strategies, which are resulting in excellent growth.

Kennedy says that he and his wife Mary are looking forward to their next chapter and spending a lot of time with their grandkids.

The Board of Trustees thanks the Foundation’s many supporters for contributing to Montana State University-Billings and the MSU-B Foundation, adding that the future success of the Foundation and MSU-B is dependent on the community’s continued generosity and collaboration.