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Updated 12:00 PM June 23, 2005
 

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Newman to chair Board of Regents; Maynard tabbed vice chair

Regent Andrea Fischer Newman will serve as the next chair of the Board of Regents for a one-year term beginning July 1. Regent Olivia P. Maynard was named vice chair when the appointments were announced June 16 at the board’s monthly meeting.

According to regents bylaws, the chair and vice chair are appointed based on seniority, and the vice chair automatically succeeds to the position of chair. Primary duties of the chair include: setting the annual schedule of meetings, agenda and major topics for presentation or study by the board; monitoring committee agenda planning for coordination and comprehensiveness; acting as spokesperson and convener of the board, when appropriate; presiding over executive session when held without the president; and appointing the chair and members of the ad hoc and standing committees.

 If the president is unable to attend a public meeting or must be out of the room during any part of the meeting, the chair will preside. If the chair is unable to perform the duties, the vice chair will assume them.

Once Newman assumes her role as chair, she will announce that Regent S. Martin Taylor will be appointed to succeed Maynard as chair of the board’s Personnel, Compensation and Governance Committee. The committee assists the board in evaluating the performance of and determining the appropriate compensation for the president, and advises the president on performance and compensation for executive officers.

Newman also will ask Regent David Brandon to continue as chair of the Finance, Audit and Investment Committee, which focuses on the University’s internal controls, financial reporting, investment policies and practices.

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