Robert I. Schostak has been named to OU's Board of Trustees. |
Gov. Rick Snyder has appointed Oakland University alumnus and long-time supporter Robert I. Schostak, of Bloomfield Hills, to the Oakland University Board of Trustees.
"Bobby Schostak has years of executive leadership experience and is well prepared to help lead Oakland University and prepare its graduates for the challenges of the 21st century," Snyder said.
Oakland University President George W. Hynd shared similar sentiments upon learning of the appointment.
“We are thrilled to have such a terrific alumnus appointed to our board,” he said. “We look forward to his guidance and insight.”
Schostak started the Templar Baker Group, LLC, in 2015, which is a multi-disciplined consulting firm. He has been active in the commercial real estate business since 1976, and is the co-chief executive officer of Schostak Brothers & Company.
The new trustee's background includes the development of more than 20 million square feet of commercial properties across the United States. His company owns more than 150 restaurants under a partnership known as Team Schostak Family Restaurants made up of Applebee’s, Del Taco, MOD Pizza, and Olga’s Kitchen.
Schostak had served as chairman of the Michigan Republican Party and currently serves on the American Heart Association Board, the Jewish Federation of Metropolitan Detroit Board of Governors, and the Detroit Board of Realtors. He earned a bachelor’s degree in General Studies in 1978 from Oakland University with an emphasis on economics and communications.
Schostak will serve the remainder of an eight-year term to expire August 11, 2020, replacing Scott G. Kunselman. Schostak's appointment is subject to the advice and consent of the Senate.