the chairs of each committee. Chair Dukes noted that should the new committees be approved as described, the Board’s committees would consist of the Executive Committee, the Finance and Audit Committee, the Investment and Advancement Committee, the Academic Affairs Committee, and the Student Engagement and Campus Life Committee (also referred to as the Student Affairs Committee).

Secretary Atwell advised that the Board should approve the new standing committees before discussing committee membership.

Chair Dukes called for a motion to approve the new committees. MOTION by Vice Chair Adams: Move the Board to approve the formation of the Finance and Audit Committee and Investment and Advancement Committee. Second by Regent Moyer, and passed without dissent.

Next, Chair Dukes shared the composition of each committee:

Academic Affairs Committee: Regent Walston (Chair), Regent Moyer (Co-Chair), Regent Briggs, and Regent Fletcher. The Provost or Vice-Provost for Academic Affairs will be required to attend each meeting.

Investment and Advancement Committee: Regent Moyer (Chair), Regent Adams (Co-Chair), Regent Ramsey, Regent Hatchett, and Regent Moseley. The VP for Finance & Business Affairs will be required to attend each meeting.

Vice Chair Adams requested that Regent Fletcher also serve on this committee. Regent Fletcher agreed to serve.

Regent Moyer queried whether there is currently a Vice President for University Advancement, and he requested that that individual also attend each meeting. The other Regents agreed with Regent Moyer’s suggestion. President Akakpo noted that Acting Chief of Staff Michael DeCourcy’s permanent position is Vice President for Advancement.

Student Affairs Committee: Regent Fields (Chair), Regent Moseley (Co-Chair), Regent Adams, Regent Briggs. The Vice-Provost for Student Affairs will be required to attend each meeting.

Finance and Audit Committee: Regent Hatchett (Chair), Regent Fletcher (Co-Chair), Regent Dukes, Regent Ramsey. The Controller will be required to attend each meeting.

Executive Committee: Regent Dukes (Chair), Regent Adams (Vice Chair), Regent Walston, Regent Fields, Regent Moyer, and Regent Hatchett. President Akakpo will be required to attend each meeting.

Any standing committees listed under Section 9.1 of the Gold Book that are no longer necessary will be removed when the Gold Book is revised.

Chair Dukes requested that each committee meet three to five days prior to each quarterly Board meeting so a summary of those meetings can be presented at the quarterly meeting. Further, Chair