The five month long search for a new chancellor of the Texas A&M University System is over.
Robert D. "Bob" McTeer, Jr., president of the Federal Reserve Bank of Dallas, was named the sole finalist for the position of chancellor of The Texas A&M University System by the system's Board of Regents during a special telephonic meeting Wednesday.
The board may consider the appointment of McTeer to the chancellor's position no sooner than Nov. 4, which is the required 21 days for public notice.
The Texas A&M University System is one of the largest and most complex systems of higher education in the nation.
Through a statewide network of nine universities, seven state agencies and a comprehensive health science center, the A&M System educates nearly 100,000 students, conducts more than $500 million in research and reaches another 11 million people through service each year.
STATEMENT BY BOB McTEER IN RESPONSE TO BEING NAMED FINALIST FOR THE
POSITION OF CHANCELLOR
OF THE TEXAS A&M UNIVERSITY SYSTEM:
"I'm honored to be named finalist for the chancellor's position at the
Texas A&M University System. My highest priority will be to justify the
confidence the Board of Regents has placed in me.
"If appointed, I will retire from the Federal Reserve and will obviously
miss it after a 36-year career, including over 13 years as President of
the Federal Reserve Bank of Dallas.
"I will look forward to meeting and getting to know the students, former
students, the faculty, and my new colleagues in the universities and state agencies. I also look forward to working with the Governor and the Legislature on behalf of the students and taxpayers of the great state of Texas."