The University of Michigan has in place a meaningful series of controls for its investment functions, a conclusion that is based in part on a review of specified non-financial investment functions performed by accounting firm PricewaterhouseCoopers.
Revisions to the University of Michigan Board of Regents’ Bylaws have been proposed and are now being posted for public comment.
These bylaw amendments incorporate changes presented at prior meetings of the board.
By Anthony Guarnieri
Facilities and Operations
and Safiya Merchant
The University Record
The following items were approved by the Board of Regents at its July 19 meeting.
The next dean of the University of Michigan’s School of Public Health will be F. DuBois Bowman, a distinguished researcher whose scholarship focuses on improving mental health and neurological disorders such as Parkinson's disease, Alzheimer's disease and depression.
David A. Gier, professor and director of the University of Iowa School of Music, has been appointed dean of the University of Michigan School of Music, Theatre & Dance.
His appointment, approved July 19 by the Board of Regents, is effective Oct. 1 and runs through Sept. 30, 2023.
The University of Michigan will prioritize strategic investments in undergraduate education and increased access and affordability for Michigan residents in the coming fiscal year, according to the 2019 general fund budget for the Ann Arbor campus approved June 21 by the Board of Regents.
Michigan Medicine reported fiscal year-end results June 21, with an anticipated 2.4 percent — or $103 million — operating margin on budgeted operating revenues of $4.3 billion for the University of Michigan’s academic medical center.
The University of Michigan Athletic Department expects a budget surplus of $2.5 million for the 2017-18 fiscal year, and projects a $2.5 million surplus in the 2018-19 fiscal year.
Greater financial aid resources and campuswide technology upgrades to support student success highlight the University of Michigan-Dearborn’s fiscal year 2018-19 budget.
The Board of Regents approved the $155 million plan June 21.
The University of Michigan-Flint will invest in a comprehensive strategy to transform its curriculum and learning environment using a student-centric perspective, according to a budget approved June 21 by the Board of Regents.
The $115.5 million general fund budget outlines spending for the 2018-19 fiscal year, which begins July 1.
Regent Andrew Richner of Grosse Pointe Park will chair the Board of Regents for a one-year term beginning July 1. Regent Ron Weiser of Ann Arbor was named vice chair.
Michael J. Solomon, professor of chemical engineering, has been appointed dean of the University of Michigan’s Rackham Graduate School and vice provost for academic affairs-graduate studies.
His five-year appointment, approved June 21 by the Board of Regents, is effective July 1.
Bradford Orr has been appointed associate vice president for research-natural sciences and engineering in the University of Michigan Office of Research.
His three-year appointment, approved June 21 by the Board of Regents, is effective Sept. 1.
Susan E. Alcock has been appointed interim provost and vice chancellor for academic affairs at the University of Michigan-Flint. The Board of Regents approved Alcock’s appointment June 21. It begins July 1.
Margaret M. Andrews will serve as the founding dean of the University of Michigan-Flint School of Nursing. Her appointment was approved June 21 by the Board of Regents.
Christopher M. Giordano has been appointed vice chancellor for student affairs for the University of Michigan-Flint. His appointment was approved by the Board of Regents on June 21 and he will begin Aug. 1.
Giordano follows Barbara Avery, whose appointment in the vice chancellor role is expiring.
Max S. Wicha, a physician-scientist recognized internationally as a leader in cancer stem cell research and immuno-oncology, has been selected as the 2019 Henry Russel Lecturer, considered the university’s highest honor for senior faculty members.
The following items were approved by the Board of Regents at its June 21 meeting.
Five faculty members have received one of the University of Michigan's top honors as Distinguished University Professors.
The Board of Regents approved the appointments on June 21. They are effective Sept. 1.
The University of Michigan Board of Regents will conduct its monthly meeting June 21 at the Richard L. Postma Family Clubhouse at the U-M Golf Course located across from Crisler Center. The June meeting will begin at 3 p.m.