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Thursday, April 17, 2008

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Executive Search Firm Selected by UT System Regents for Chancellor Search

AUSTIN – An executive search firm has been selected to assist The University of Texas System Board of Regents in its search for the next chancellor of the UT System.

Florida-based Greenwood/Asher & Associates, Inc. will assist the Board during the national search to find a successor to Chancellor Mark G. Yudof, who was recently named president of the University of California system.  In 2005, Greenwood/Asher assisted with the successful search for the president of UT Austin, the System’s largest academic institution.

Dr. Kenneth I. Shine, the UT System’s executive vice chancellor for health affairs, will become chancellor ad interim effective May 1.

The 10-member Board of Regents, led by Chairman H. Scott Caven, Jr., will act as the search committee, and advertisements for the position will be placed in national publications to expedite the search process.

The UT System chancellor serves as the chief administrative officer over of one of the nation’s largest higher education systems, with nine academic campuses and six health institutions. The System has an annual operating budget of $10.7 billion (FY 2008) including $2.3 billion in research funded by federal, state, local and private sources. Student enrollment exceeded 194,000 in the 2007 academic year. The UT System confers more than one-third of the state's undergraduate degrees and educates nearly three-fourths of the state's health care professionals annually. With more than 81,000 employees, the UT System is one of the largest employers in the state.

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