University of California Office of the 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 latest gains bring the total investment portfolio to $180 billion, a $16 billion increase over the previous year. The value of the University’s investment assets has doubled over the past 10 years.
UC Office of the President |
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.
UC Office of the President |
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 appointed as the 21st president of the University of California in July 2020, a position that became part of a 50-year career in higher education.
UC Office of the President |
UCLA graduate student Sonya Brooks appointed as 2025-26 UC student Regent
The University of California Board of Regents today (July 17) appointed University of California, Los Angeles graduate student Sonya Brooks as the 2025-26 student Regent.
UC Newsroom |
University of California President Drake awards UC Presidential Medal to UC Santa Cruz alum Julie Packard, co-founder of the Monterey Bay Aquarium
President Michael V. Drake, M.D., has awarded the UC Presidential Medal to UC Santa Cruz alum Julie Packard in recognition of her work to safeguard the world’s marine ecosystems and her steadfast support of the University and its ocean conservation leadership.
UC Office of the President |
University of California statement on California’s 2024-25 budget
University of California President Michael V. Drake, M.D., issued the following statement today (Saturday, June 29, 2024) on California’s 2024-25 budget.
UC Office of the President |
UC announces Board of Regents chair and vice chair, committee leadership appointments for 2024-25
The University of California announced today (Monday, July 1, 2024) the appointment of Regent Janet Reilly as chair of the UC Board of Regents and the appointment of Regent Maria Anguiano as the Board’s vice chair.
UC Office of the President |
UAW strike formally ends; breach of contract case will continue in Superior Court
The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) agreed to extend the temporary restraining order that ended the strike that began last month. The University of California’s breach of contract case against UAW is ongoing.
UC Newsroom |
Catharine Baker named director of the UC Student and Policy Center in Sacramento
Former California State Assemblymember and champion of higher education Catharine Baker has been appointed director of the University of California Student and Policy Center, the University’s dynamic new systemwide hub in Sacramento.
UC Newsroom |
UC leads the nation’s universities in patents for second year running
The U.S. Patent and Trade Office granted UC inventors 546 utility patents in 2023.
UC Office of the President |
PERB refuses to take immediate action to stop unlawful strike — complaint against UAW is still pending
The state Public Employment Relations Board refused to take action today (June 3) to end the UAW strike across University of California campuses immediately.