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COBE Advisory Council

Active. Engaged. Valued.

The College of Business and Economics (COBE) is helping create the future for our students and the Treasure Valley through entrepreneurial spirit, innovation, and collaboration. Collaboration with leaders from our vibrant business community is central to the College’s ability to achieve its vision, mission and strategic directions. The COBE Advisory Committee (COBEAC) is made up of business leaders who not only care about the direction of our Valley, but believe strongly that COBE can be a key driver in creating economic value and improving our community’s high quality of life.

William K. Ilett

President, TransCorp Inc. • 208-426-4034

William K. Ilett was born and raised in Boise, Idaho. Ilett graduated from Boise High School in 1962. After his military service, he attended college in California and Idaho. He graduated from then Boise College in its first four-year class, where he was Student Body President in his senior year. After graduation, he worked for a national Certified Public Accounting firm and passed the C.P.A. exam. Ilett worked his way through college in the truck business, and returned to the truck sales and leasing business in 1969 as an accountant. In 1972, he formed and started his first truck related business. In 1982, he formed another truck leasing business, which grew into the largest independent truck leasing company in the Intermountain West. He sold the company to a publicly traded company in 1995. He has continued to operate a finance leasing company and does consulting work and seminars in the transportation field.

Ilett led a group of local investors in bringing professional basketball to Southern Idaho in 1996. The Idaho Stampede was sold in 1999 to a national sports figure. The investor group brought the team back in 2001, and Ilett continues as the Managing Investor of the Idaho Stampede, which is now part of the N.B.A. Development League. He serves as Chairman of the league’s steering committee. Ilett serves on the Board of Directors of NationaLease headquartered in Chicago, Illinois. He is also a Director of Western Capital Bank in Boise. He is a past President of the Boise Sunrise Rotary Club. Ilett has been very active with Boise State University, and is past Alumni Association President, past Chairman of the College of Business and Economics Advisory Council, and past Board member of the Bronco Athletic Association. He is also the past Chairman of the Boise State University Foundation. Ilett lectures at universities, and teaches classes in sales and leasing on a national basis.

Ilett and his wife, Christina, reside in Boise, Idaho and Palm Desert, California.