Governor Perdue Appoints Hilda Pinnix-Ragland to College Foundation, Inc. Board of Trustees

RALEIGH, N.C., Dec. 23, 2010 /PRNewswire-USNewswire/ -- College Foundation, Inc. is pleased to announce the addition of Hilda Pinnix-Ragland to its board of trustees.  She was appointed by Governor Beverly Perdue to replace retiring trustee, John B. Turner, former tax partner with PricewaterhouseCoopers, who served on the board of CFI for 19 years.  

Pinnix-Ragland is vice president-corporate public affairs for Progress Energy and also serves as vice chair of Progress Energy's Corporate Diversity Council. She has been an officer of the company since 1998.  Before joining Progress Energy, she was an auditor with Arthur Anderson & Co. and an accountant with Colgate-Palmolive, both in New York.

About College Foundation, Inc.

College Foundation, Inc. (CFI), a nonprofit corporation serving North Carolina students and families since 1955, administers a portfolio of more than $3.6 billion, including low-interest federal education loans, the State's college grant programs, and the tax-free "529" college savings program on behalf of the N.C. State Education Assistance Authority. CFI also delivers information to North Carolina students and families about paying for college and provides technology services for CFNC.org.

SOURCE College Foundation, Inc.