Drake University announced that Peggy Fisher, a 1970 alumna, has been named chair of the university’s board of trustees. Fisher, CEO of the Stelter Co. in Des Moines, will be the first woman to lead Drake’s governing board in the university’s 138-year history when her term as chair begins on July 1. She has served on the board since 2006. “Peggy has exceptional vision, and she has made a tremendous impact as one of our longest-serving board members,” said Drake President Marty Martin. Fisher first became re-involved with Drake when she was asked to serve on a committee to help boost attendance at women’s basketball games. She subsequently served on the President’s Circle board, which she eventually chaired, before being asked to join the board of trustees. Fisher and her husband, Larry Stelter, have supported Drake through several important philanthropic efforts.