Governor Terry Branstad appointed Michael Richards to the Iowa Board of Regents last Friday. Subject to confirmation by the Iowa Senate, Richards will serve the last five years of Mary Andringa’s term on the nine-member board, which oversees Iowa’s state universities. Andringa announced her resignation in late April, saying she had "underestimated the time required to fully serve in this role." (It soon emerged that she is a paid director for the Herman Miller furniture company, which received a multimillion-dollar no-bid contract from the University of Iowa last year.)
An alumnus of the University of Iowa undergraduate college and medical school, Richards has held management positions in various corporations, inside and outside the health care field. The official announcement of his appointment mentions several of those jobs as well as Richards’ philanthropy.
Richards continues a long tradition of major political donors securing spots on the prestigious Board of Regents. He made contributions totaling more than $40,000 to Branstad’s 2010 and 2014 gubernatorial campaigns. (Details on that giving are after the jump, along with the May 6 press release.) Last year, Richards gave $10,000 to Lieutenant Governor Kim Reynolds, who is almost certain to run for governor in 2018, as well as $2,500 to Iowa House Speaker Linda Upmeyer. He has given nearly $100,000 to other Republican candidates around the country.
Richards has been a close political ally of Iowa Board of Regents President Bruce Rastetter. In 2011, he joined a small group of business Republicans led by Rastetter, who encouraged New Jersey Governor Chris Christie to run for president. Last year, he joined Rastetter and most of that group to endorse Christie’s presidential campaign.
The Iowa Senate has confirmed hundreds of Branstad’s nominees unanimously or nearly so. During the legislature’s 2017 session, I don’t expect Richards to have any trouble winning confirmation to serve out Andringa’s term on the Board of Regents. The two appointees to that board whom senators rejected in 2013 had political baggage that Richards lacks.
UPDATE: Added below excerpts from Vanessa Miller’s latest report for the Cedar Rapids Gazette. Democratic lawmakers see the Senate confirming Richards next year.