We wanted to take a moment to provide an update on the independent review we requested on March 18, 2025. University Counsel's Office has hired outside counsel to perform the review and report back to the Board concerning any possible regent law or policy violations.

After this matter was referred to outside counsel, concerns about Chair Rennison in her role as a Regent were forwarded to the Board. Given that the independent review already concerns regent conduct, we have asked that these separate concerns about Chair Rennison also be referred and included in the independent review.

As we have stated previously, all Regents have important fiduciary and legal obligations to the University, and as a self-governing body, it is incumbent on all of us to ensure we honor these obligations.