AUSTIN – Several individuals were appointed today (December 6) to serve on various regental committees of The University of Texas System Board of Regents and to The University of Texas System Investment Management Co. (UTIMCO) Board of Directors.
The appointments, recommended by Regents’ Chairman H. Scott Caven, Jr., are effective immediately and were approved at a special called meeting of the Board.
UT System Board of Regents committee chairmen named today were:
- Academic Affairs Committee: Regent John W. Barnhill, Jr.
- Audit, Compliance, and Management Review Committee: Regent Robert A. Estrada
- Facilities Planning and Construction Committee: Vice Chairman James R. Huffines
- Finance and Planning Committee: Vice Chairman Robert B. Rowling
- Health Affairs Committee: Regent Colleen McHugh
- Student, Faculty, and Staff Campus Life Committee: Regent James D. Dannenbaum
Other regental appointments approved today include:
- Vice Chairman Rowling and Regents McHugh and Foster as the Regental Representatives on the UTIMCO Board of Directors
- Regents Estrada and Gary as the Regental Representatives for the Board for Lease of University Lands, with Regent Barnhill as the alternate representative
- Regent Estrada as the Regental Representative on the Texas Growth Fund Board of Trustees
- Regent McHugh as the Regental Representative on the Type 2 Diabetes Risk Assessment Program Advisory Committee
- By virtue of her position as chairman of the Health Affairs Committee, Regent McHugh will also serve as the Regental Representative on the M. D. Anderson Services Corporation Board of Directors
- Athletics Liaison to the Board: Vice Chairman James R. Huffines
- Chairman Caven announced that he would serve as the liaison to the Governor’s Office on issues related to technology commercialization
About The University of Texas Investment Management Co.
UTIMCO is a 501(c)(3) investment management corporation whose sole purpose is the management of investment assets under the fiduciary care of the Board of Regents of The University of Texas System. Created in March 1996, UTIMCO is the first external investment corporation formed by a public university system in the nation. It invests endowment and operating funds in excess of $24 billion.
UTIMCO is governed by a nine-member Board of Directors. The UTIMCO Board of Directors includes three members of The University of Texas System Board of Regents, one member selected from a list provided by The Texas A&M University System Board of Regents, the Chancellor of The University of Texas System, and four outside investment professionals appointed by the UT System Board of Regents.
About The University of Texas System
Serving the educational and health care needs of Texans for more than 125 years, the UT System is one of the nation's largest higher education systems with 15 campuses – including nine academic and six health institutions – and 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 190,000 in the 2006 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 80,000 employees, the UT System is one of the largest employers in the state.
