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  • Penn State President Rodney Erickson, at far right, introduces members of the Board of Trustees available for media questions following the regularly scheduled Penn State Board of Trustees meeting in State College, Pa., Friday, Jan. 20, 2012. Seated at the table from left to right are trustee Kenneth Frazier, trustee and Pennsylvania Governor Tom Corbett, board vice chair Keith Masser and board president Karen Peetz. Erickson had used the board meeting as an opportunity to try to address the perception that the university isn't being as open and honest as it could be in the wake of the Jerry Sandusky scandal. (AP Photo/Andy Colwell)

    Penn State trustees install new leadership

    Penn State's Board of Trustees elected banking executive Karen Peetz to lead the embattled board and help the school negotiate the aftermath of a nightmarish child sex abuse scandal involving a former assistant football coach.

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