University of Pennsylvania Formed Presidential Search Team
The board has initiated the selection process for the university's 11th president to succeed Larry Jameson.
Updated on Oct. 6, 2026 in People

Live Poll
Should university presidential searches be conducted with more transparency for the local campus community?
The University of Pennsylvania Board of Trustees has appointed a nine-member committee to identify candidates for the school's next president. This search will culminate in a recommendation for the institution's 11th leader, who will take over once Larry Jameson steps down in June 2027.
Why it matters
The transition process at major research universities directly impacts institutional priorities, long-term strategic investments, and local economic development in Philadelphia. The composition of this committee signals the board's emphasis on balancing faculty input with trustee oversight during this high-stakes leadership change.
The nine-member search committee consists of six trustees, two professors, and one trustee emerita. They were drawn from a consultative group established in August 2026 to select the 11th president of the university.
The players
University of Pennsylvania
A private Ivy League research university that serves as a major employer and anchor institution in Philadelphia.
Larry Jameson
The current president of the University of Pennsylvania who is slated to step down in June 2027.
Ramanan Raghavendran
The Chair of the University of Pennsylvania Board of Trustees who announced the new search committee.
The details
The search committee will conduct the search process and ultimately provide a formal recommendation to the Board of Trustees. Before a final vote is held, the Board of Trustees Executive Committee must review a progress report in a closed-door meeting. Community members are encouraged to participate by submitting nominations through an online survey.
Timeline
August 2026: Consultative committee was established.
October 5, 2026: Search committee was announced.
June 2027: Larry Jameson will step down as university president.
Market Landscape
The search committee members were drawn from the 2026 consultative committee, marking a continuity in the university's governance process. This structure follows the standard institutional pattern for high-level leadership transitions at large private research universities.
Local business operators should monitor this transition for potential shifts in the university's procurement policies, vendor partnerships, or community engagement strategies. Owners currently working with the university should maintain contact with existing administrative points of contact during the search period.
The takeaway
Leadership changes at major institutions often trigger internal audits of current strategic vendor relationships. Review your current service contracts with the university and track the presidential transition announcements for signs of shifting institutional priorities.
Further reading
For broader trends in local institutional leadership, see the People section.
Source note: This article includes information reported by Former Penn President Liz Magill earned $4.46 million the year following her resignation - The Daily Pennsylvanian.
Live Poll
Should university presidential searches be conducted with more transparency for the local campus community?









