Press releases and statements

Update on search for the 22nd University of California president

University of California Board of Regents Chair Janet Reilly today named the regental members of a special committee to lead the search for the 22nd UC president.

Stocks and real estate power UC’s investments to $180 billion at fiscal year end

The University of California’s Office of the Chief Investment Officer (UC Investments) announced today (August 1) that the UC endowment returned 12.8% at the end of the 2023-2024 fiscal year, while its pension was up 12.2% and working capital, 9.7%. The…

University of California President Michael V. Drake, M.D., announces plans to step down next year

University of California President Michael V. Drake, M.D., announced today that he will step down from his role at the end of the 2024-25 academic year after five years leading California’s world-renowned public research university system. Dr. Drake was…

Letter to the UC community from President Michael V. Drake, M.D.

A note from President Drake about his decision to step down from his role as president at the end of the 2024-25 academic year.

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