 "The newly appointed control board will be a great asset to the lottery and, by
extension, the citizens of Illinois," said Michael Jones, superintendent of the
lottery. "The breadth of business, finance and government experience on the
board is impressive, as were the questions posed during the board's first
meeting. I couldn't be more pleased with the collective membership."Fencik,
the new chairman, lives in Chicago and is a partner in Adams Street Partners, a
private equity firm.
"Accountability and transparency are the cornerstones of good government and
are the attributes the Lottery Control Board will strive for in all of our
proceedings," said Fencik, who played 12 seasons for the Chicago Bears,
including the 1985 Super Bowl championship season.
Other board members are Robert Christian of Chicago, the managing principal
of October Family Holdings LLC, a private firm that invests in small and
medium-sized U.S. companies; Geoffrey Richards of Chicago, a restructuring
investment banker with William Blair and Co.; Paul D. Schaefer of Edwardsville,
who works for United Food & Commercial Workers, Local 881; and Sharon Thompson
of Dixon, who served as Lee Country treasurer for 20 years and is currently a
real estate agent.
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This week's board meeting was attended by key staff from the
Illinois Lottery and Northstar Lottery Group, the lottery's private
management firm, as well as members of the lottery's advertising
agency. One of the functions of the control board is to review
potential lottery advertisements for appropriateness.
Members of the control board serve terms of up to three years.
Appointments to the board are confirmed by the Illinois Senate.
___
Founded in 1974, the Illinois Lottery has contributed over $17.5
billion to the state Common School Fund to assist K-12 public
schools, as well as the Capital Projects Fund. Players must be at
least 18 years old.
[Text from
Illinois Lottery file received from
the
Illinois Office of
Communication and Information]
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