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Lexington businessman joins Union College board of trustees

Terry Smallwood, a Lexington businessman from the financial services industry, is serving on the board of trustees for Union College, a private institution in Barbourville, the school announced on Wednesday.

Smallwood began service this year, along with five other new additions to trustee positions. Union is led by President Marcia Hawkins, Ph.D. Hawkins has served the institution for five years.

“The board of trustees at Union College ensures the institution understands its mission to itself and the region,” Dr. Hawkins said. “When we recruit alumni to become trustees, they come to us with a passion for this institution and the values we hold true that is irreplaceable. We have that with Terry.”

Smallwood earned his bachelor’s degrees in accounting and business from Union, graduating with cum laude honors in 1972. While at Union, Smallwood lettered in basketball, baseball and tennis. Since leaving Union, Smallwood has spent nearly 40 years in the financial services industry. Smallwood served as Vice-President of Finance for Transco Coal Company before joining Wells Fargo Advisors in 1997. Smallwood currently serves Wells Fargo as First Vice-President Investment Officer.

He is also a certified retirement planning consultant holding series 7, 63 and 65 securities registrations. Smallwood is a former chairperson of the development committee for the Greater Kentucky/Southern Indiana Chapter of the Alzheimer’s Association and is a member of the Amethyst Society within the Alzheimer’s Association. Smallwood resides in Lexington.

Smallwood is joined on the board of trustees this year by James Hall, owner of J.Hall, Inc., a crane company located in Knox County, and Cumberland Gap Properties, a commercial real estate firm; Charles Lovell, Jr., CEO of Barbourville ARH Hospital, a position held in the area since 2015; Chris Bowling, a 2002 graduate of Union College and owner of Bowling Family Pharmacy; Kay Dixon, a 1985 graduate of Union College, educator from Knox County and Superintendent of Barbourville Independent Schools; and Craig Hartman, owner of Preferred, LLC., a company specializing in industrial and commercial roofing, painting and flooring construction in Cleveland, Ohio. Trustees Thomas Clark of New York City, NY, Kenneth Ramsey of Nicholasville, Ky. and Anne Reed of Smyrna, Ga. returned to service to the board.

The board assemble twice a year, once in the spring and once in the fall during Union College Homecoming celebration. The 2017 spring board of trustees meeting was held at the end of April on the Union College campus in Barbourville.