In wake of scandals, USC radically cuts number of trustees, imposes age limits, diversity rules
USC trustees approved far-reaching changes to their governing board Tuesday aimed at reforming leadership weaknesses that prevented the private university from effectively handling a series of scandals over the last few years.
However, decisions on whether to share meeting agendas, discussion highlights or actions taken during private meetings would be made on a “case-by-case basis,” said Caruso, a billionaire developer and USC alum who has pledged greater accountability and transparency since taking the helm in May 2018. “USC has enjoyed great dramatic growth over several decades and the board really recognized it was time to evolve, to modernize itself,” Nava said. “It really needed to look critically at the current processes and design a new operating model to take us into the future.”
Those days are over. The board has lengthened meeting times and revised committee schedules to boost meeting attendance, Nava said. The executive committee membership will be composed of immediate past and current board chairs, the university president and heads of board committees. This is designed to ensure that the most engaged and knowledgeable trustees are in key decision-making roles, Caruso said. Historically, the president and board chair have chosen members who were too often viewed as allies who rubber-stamped decisions.
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