AUSTIN, Texas – University of Texas president Greg Fenves is leaving to become president of Emory University, sources familiar with the situation told Horns247.com.
The Texas Board of Regents tentatively plans to meet next week to appoint an interim president. McCombs School of Business Dean Jay Hartzell is expected to be a top candidate for the job, sources told Horns247.
Fenves has been President of Texas since June 3, 2015, after being Executive Vice President and Provost of UT for two years, as well as Dean of the UT Cockrell School of Engineering from 2008 to 2013. The news of the departure de Fenves surprised many members of the UT community on Monday evening.
At the end of last year, Emory University’s board of directors launched a presidential selection process to identify the successor to President Claire E. Sterk, who announced in November 2019 that she would retire in late August 2020. A source said Emory, a private research university in Atlanta, made a financial offer to Fenves that he could not refuse. Fenves’ annual salary in Texas is $ 945,000.
Under Fenves over the past five years, Texas management has finally seemed to stabilize after a whirlwind of change that included a turnover of chancellor’s staff (twice) in addition to the fact that Fenves fired former sporting director Steve Patterson in September 2015 and ultimately called on popular athletes. director Chris Del Conte of TCU in December 2017.
Under Del Conte, Texas Athletics has undertaken approximately $ 760 million to upgrade sports facilities, including a $ 200 million renovation at the south end of the Darrell K Royal-Texas Memorial stadium as well as the basketball stadium. The $ 388 million Moody Center (which will open in January 2022), which is built by the Oak View Group, a private group of investors that includes music reservation giant Live Nation as well as the former actor of UT and Oscar winner Matthew McConaughey, who considered himself the “Minister of Culture” at UT.
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In 2018 Fenves introduced the Texas Advance Commitment increase financial accessibility with guaranteed financial assistance for UT students on low and middle income.
In 2019, the UT System Board of Regents approved funding to expand engagement, which now guarantees full Texas tuition coverage for students in the state with needs of families earning up to 65,000 $ per year. To further improve access and affordability, Fenves announced plans to increase the supply of university accommodation, in order to provide accommodation for all first-year students.
As UT provost from 2013 to 2015, Fenves helped develop the UT Dell Medical School – the first medical school in nearly 50 years to be built from scratch at a research university leading public.
Fenves received a bachelor’s degree from Cornell and a master’s and doctoral degrees. from the University of California-Berkeley, all in civil engineering. He began his career in 1984 as an assistant professor in the civil engineering department of UT. He then served more than 20 years at the faculty of Cal-Berkeley, where he became an internationally renowned expert in structural engineering for earthquakes and chairman of its leading civil and environmental engineering department.
Fenves was dean of UT’s Cockrell School of Engineering from 2008 to 2013 before becoming Executive Vice President and Provost of the UT in 2013.
Horns247 editor Bobby Burton contributed to this report.