Gossett, the Board of Regents vice-chair, has served on the board since 2007. He is the retired CEO of Baltimore-based Acton Mobile Industries, which supplies mobile offices, construction trailers and modular buildings. He has multiple connections to the University of Maryland, College Park and its football program. Gossett is an alumnus of the school and co-chair of the Fearless Ideas Campaign for the state flagship. Gossett, along with his wife, Mary, gave $10 million in 2007 to build the football team house that now bears their name. Gossett was appointed by former Gov. Martin O’Malley.