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Marshall Reavis elected to chair DPU Board of Trustees
Marshall W. Reavis, founder and chief executive officer of SVM LP and a 1984 graduate of DePauw University, has been elected to serve as chairman of his alma mater's Board of Trustees.
Reavis, a DePauw trustee since 2005, succeeds Sarah Reese Wallace, a 1976 graduate, who has chaired the board since 2010.
"I'm deeply humbled to take on this position, particularly at this moment in our history," Reavis said. "I view this as an opportunity to serve a university that means so much to me and my family."
President Brian W. Casey predicted Reavis will be an excellent chairman of the board.
"Marshall's love for DePauw is deep and his commitment to strengthening it is profound," Casey said. "I look forward to what we can, together, accomplish for DePauw."
Prior to founding SVM LP -- a provider of gasoline, restaurant and other retail gift cards -- Reavis held numerous positions with Mobil Oil over an 11-year period.
As a student, he majored in economics and was a member of one of the first cohorts of the university's Management Fellows Program. Reavis also played football for the Tigers.
In 2012, A $5 million gift from Reavis and his wife Amy allowed for the construction of a new multi-purpose stadium that will become the home for DePauw's men's and women's varsity soccer teams and men's and women's lacrosse teams.