University Of Virginia Main Campus

The Board discussed and approved signatory authority for several academic division contracts, including a Workday ERP solution and consulting services. They also passed a resolution for the acquisition of the Federal Executive Institute property as surplus. In a closed session, the Board consulted with legal counsel regarding various compliance, personnel, and real estate matters. Finally, the Board approved a resolution to advance free inquiry and viewpoint diversity, which included rescinding portions of a previous resolution regarding numerical goals for student and faculty composition, and established a working group to promote constructive dialogue.

The Board of Visitors conducted both open and closed sessions, focusing on key governance matters. The Board successfully elected a new rector and vice rector for the upcoming period. Discussion also addressed the scheduling of future meetings, including modifications to the March meeting plan to ensure timely consideration of tuition, fees, and room and board proposals for the next academic year. Additionally, the President addressed the Board regarding the University's mission, leadership goals, and recent academic initiatives.

The meeting included several significant resolutions and actions. Commending and memorial resolutions were adopted for distinguished individuals, and new appointments were made to the Miller Center Governing Council. The Board engaged in discussions regarding institutional research, viewpoint diversity, and major capital plans for the Academic Division, UVA Health, and the College at Wise. Various financial and budgetary matters were addressed, including operating and capital budgets, student housing and meal plan rates, and the acceptance of significant gifts and grants. Additionally, the Board authorized signatory authority for medical center contracts and approved the demolition of a structure at UVA Wise.

The Board of Visitors discussed and adopted several key initiatives, including the establishment of the Coogan Family Bicentennial Professorship and the Sarah A. and Frank M. Hamlin Directorship of the Causeways Program. The Board approved the 2035 Master Plan for the University of Virginia's College at Wise. University leadership provided a macro-financial overview, an endowment report, and updates regarding academic mission, student life, and faculty governance. The Board also addressed personnel actions, including elections of faculty and chairholders, promotions, resignations, and retirements. Furthermore, the Board charged the Audit Committee with a comprehensive review of the presidential search process for the 10th President of the University.

The meeting included an executive session to deliberate on prospective candidates for the position of university president, followed by a formal public session. During the public session, the Board discussed the rigorous search process conducted by the Special Committee on the Nomination of a President, which evaluated over 100 candidates. The Board officially elected Mr. Scott C. Beardsley as the tenth president of the University of Virginia, effective January 1, 2026, for a five-year and six-month term. The meeting concluded with remarks from the president-elect regarding his commitment to the university's mission, leadership goals, and community engagement.