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UNC Business & Administration

Complete coverage of North Carolina Business & Administration.

Board of Governors gives Carol Folt $50K raise

The Board of Governors announced Monday that 12 UNC-system chancellors would be receiving raises ranging from about $17,000 to $70,000.The raises come after the Oct. 23 announcement naming Margaret Spellings as the new UNC-system president. Spellings’ starting base salary was revealed to be $775,000 — $175,000 more than outgoing system President Tom Ross. (Daily Tar Heel)

Secrecy Surrounding Chancellor Raises Draws Criticism

The UNC Board of Governors decided in closed session on Friday to give pay raises to several chancellors across the UNC System. Now that information is finally being made public. UNC Chancellor Carol Folt and NC State Chancellor Randy Woodson were two of 12 recipients of a pay increase, according to information released on Monday. (Chapelboro.com)

Kevin Guskiewicz named dean of the College of Arts and Sciences

Kevin Guskiewicz has been named the next dean of the College of Arts and Sciences, according to a release from the University. Guskiewicz, the senior associate dean for natural sciences and a distinguished professor in the Department of Exercise and Sport Science, was one of five finalists for the position — and the only internal candidate. (Daily Tar Heel)

UNC receives record 19,682 applications for first-year early action admission deadline

The University of North Carolina at Chapel Hill has received a record 19,682 applications for its first-year early action admission deadline in 2016. This year’s total represents an increase of 2,500 early applications compared to last year. “We are grateful to all of the students who have shown an early interest in the University,” said Stephen Farmer, vice provost for enrollment and undergraduate admissions. (UNC.edu)

UNC responds to public records requests for legal, communications firm expenses

UNC is publishing cost figures and context for outside legal representation and public relations support provided by four firms over more than two years to help address the past academic irregularities. The University estimates spending approximately $7,565,940 to date for services provided by three law firms and one public relations agency that were directly related to the academic irregularities. (UNC.edu)

Fennebresque steps down from UNC Board of Governors

John Fennebresque, the polarizing chairman of the UNC Board of Governors, resigned his seat on the system governing board on Monday. The resignation is effective immediately. Fennebresque, 68, a Charlotte attorney who is vice chairman of the McGuireWoods law firm, stepped down following a turbulent period during the search for a new UNC system president. (Charlotte Observer)

UNC releases records in academic fraud probe

The University of North Carolina at Chapel Hill released more than 214,000 pages of documents Thursday, a fraction of the nearly 5 million pages of records investigators collected in an academic fraud scandal involving faculty, staff and student-athletes. The records, which include more than 91,000 emails, were gathered as part of a report released last October by Kenneth Wainstein. (WRAL Sports Fan)

Margaret Spellings elected president of UNC system

Former U.S. Education Secretary Margaret Spellings was selected as the next president of North Carolina's public university system today as its governing board opting for the nonacademic with Republican political credentials. Spellings, a protege of former President George W. Bush, was selected by the UNC Board of Governors, which oversees 17 campuses that enroll more than 220,000 students. (Greensboro News & Record)

Margaret Spellings Named UNC System President

After a tumultuous search process, the University of North Carolina Board of Governors voted unanimously Friday to name a former member of President George W. Bush's cabinet as the next president of the 17-campus university system. Margaret Spellings served as U.S. secretary of education from 2005 to 2009 and led the implementation of the No Child Left Behind program. (WRAL.com)

Interactive graphic: One year after the Wainstein report

Thursday marks the one-year anniversary of the release of Kenneth Wainstein’s eight-month-long investigation into the former Department of African and Afro-American Studies. In Wainstein’s report, there are 31 current University employees named or quoted, not including Section IV of the report that summarizes all interviews conducted by the Wainstein’s team. (Daily Tar Heel)

Board of Governors to vote on new UNC system president Friday

The University of North Carolina System Board of Governors plans to vote Friday on a new president for the 17-campus UNC system, despite criticism from board members and lawmakers about the search process. UNC officials released agendas Tuesday for the board's Personnel and Tenure Committee meeting on Thursday afternoon and the full board meeting Friday. (WRAL.com)

UNC Board of Governors Scrambles to Presidential Search Finish

A new President of the UNC System is expected to be in place before year’s end. And while a selection may be closer, it does not appear the decision is being made with a unanimous voice. The UNC System Board of Governors met for more than four hours on Friday in what was dubbed an “emergency meeting.” (Chapelboro.com)

Faculty Athletics Committee talks student-athlete admissions

The Faculty Athletics Committee discussed student-athlete admissions in a joint meeting with the Advisory Committee on Undergraduate Admissions Tuesday afternoon.Stephen Farmer, vice provost for enrollment and undergraduate admissions, said student-athletes are subject to the same admissions processes as other students and are also subject to additional scrutiny. (Daily Tar Heel)

Embrace High-Velocity Change, Folt Tells University Day Audience

Chancellor Carol L. Folt told a University Day audience to fasten their seatbelts for a fast and accelerating ride on the road to higher education innovation. On the 222nd anniversary of the laying of Old East’s cornerstone on Oct. 12, 1793, Folt said at the two-year mark in her chancellorship that “I have now experienced first-hand, in a thousand different ways, how our diverse, passionate, forward- and globally minded community is already changing the world.” (UNC General Alumni Association)

University leaders address decrease in higher ed funding

In an age of budget cuts, a recent UNC forum reaffirmed the value of a liberal arts education.The forum included familiar faces — such as UNC System President Tom Ross and Chancellor Carol Folt — as well as local business leaders and professors. Claude Clegg, professor of African American and diaspora studies and history at UNC, said the marketplace plays a direct role in the product higher education institutions produce. (Daily Tar Heel)

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