LA JOLLA, Calif., Nov. 28, 2016 /PRNewswire-USNewswire/ -- Ted Waitt, chairman of the Waitt Foundation and cofounder of Gateway, Inc., a pioneer in the direct marketing of personal computers, has been named chairman of the Salk Institute for Biological Studies' Board of Trustees. He assumes his new role immediately.
Irwin Jacobs, philanthropist and founder of San Diego-based QUALCOMM, has held the chairmanship of the Salk Board since November 2006, and chose to step down on the 10th anniversary of his chairmanship. He will remain on the Board as chairman emeritus. Waitt's appointment was made during the Board's tri-annual meeting on November 18. "I am delighted the Trustees unanimously agreed that Ted is the right successor to lead the Board," says Jacobs. "He is wholly enthusiastic and committed to Salk's basic biological research and has the enterprising leadership and vision to expand the reach of the Institute's science even further." Salk Institute President Elizabeth Blackburn says: "We are thrilled to have Mr. Waitt as the leader of Salk's Board. His financial acumen and entrepreneurship, as well as his extensive experience as a Salk Trustee, will serve the Institute well. I am confident he will help advance the Institute's mission for high-impact research that solves biomedical mysteries and transforms the world for many more years to come." Waitt joined the Salk Board of Trustees in 2004. He has served as a vice chair, as well as chair of Salk's Governance Committee. He currently sits on Salk's Executive Committee.