Hagerty praised both trustees for their lasting contributions to the college.
“It is impossible for me to contemplate the advances of Beacon College over the past seven to 10 years without acknowledging the central role played by Dr. Averbeck in his capacity as chair of the board of trustees,” Hagerty said. “He was a colleague to all – respected, admired, and held in great affection. These qualities were the foundation of his success as an effective and vital leader for a unique institution on a meteoritic trajectory.”
As for with Thompson’s appointment, “the Board recognized that it had attracted a business and financial leader who could ask the discerning questions and offer insightful future direction to a fledging institution with great expectations,” he said. “His abiding presence and perspectives paired with his calm and balanced approach to “all things financial” set Beacon on the course to its current enviable and distinct place among institutions of higher education.”
Among the trustees’ most memorable milestones were the decision to more than double enrollment, Beacon’s successful accreditation review by the Southern Association of Colleges and Schools, and the college’s navigation through the COVID-19 pandemic.
Yet both men agreed their most meaningful moments came during commencement ceremonies, when students crossed the stage surrounded by family and friends.
At the May 2025 ceremony, Thompson knew it would be his final commencement as a board member.
“I was sitting there watching these young students walk the stage to get their diplomas, and I realized how gratifying to me it has been to have spent 12 years at Beacon and be able to see results like that,” he said. “These students graduate and have opportunities they might never have had before.”
Averbeck agreed.
“You see the pride that the families and students have in their accomplishments,” he said. “You know that it’s about more than the academic accomplishment, which is great. But it’s also about how they learned to get along with others, increase their social skills, learn to work independently and hopefully live independently. It’s just very touching, and something I’ll never forget.”