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Bill Bolster, Iowa native and retired president and CEO of CNBC-TV, has joined the Krause Gentle Corp. Board of Directors.
Krause Gentle is the parent company of the Des Moines, Iowa-based convenience store chain Kum & Go, which operates approximately 450 units.
W.A. Krause, president and CEO of the company, said, "Bill Bolster has a deep admiration for the state of Iowa and this appointment will complement not only our board but will add value to the entire state of Iowa."
In 1991, Bolster became president of WNBC-TV in New York. Five years later, he moved to CNBC, where the network experienced a significant increase in TV ratings and revenues under his leadership.
Bolster said, "I am flattered to become a board member of one of Iowa's premier family-owned business. I told Kyle Krause (president of Kum & Go), I hope all of the meetings take place in my home state of Iowa."
In other news, the executive chairman of Reynolds American Inc. has been named the national chairman of Winston-Salem State University's capital campaign to raise $35 million.
Andrew J. Schindler, former chairman, CEO and president of R.J. Reynolds Tobacco Holdings Inc., joins campaign co-chairs Robert Brown, chairman and CEO of B&C Associates, and Scott Livengood, chairman, president and CEO of Krispy Kreme Doughnut Inc., to form the executive leadership of the campaign.
"I am pleased to be involved with the Winston-Salem State University Capital Campaign," Schindler said. "I am excited about WSSU and its impact on the economic growth of Piedmont Triad community."