The Board of Trustees’ Winter Stated Meeting was held on March 1, 2024, at the Woodlands Ballroom of the Inn at Penn.

Trustees chair Ramanan Raghavendran began the meeting and introduced University Chaplain and Vice President for Social Equity & Community Rev. Charles Howard, who gave the invocation.

Interim President J. Larry Jameson began his report but was interrupted by shouting from student protesters. After requesting three times that the meeting be allowed to continue, Mr. Raghavendran called for a vote on resolutions approved at the Trustees’ committee meetings on February 29. These resolutions were:

• A resolution to appoint David A. Asch as senior vice president for strategic initiatives
• A resolution to appoint Jonathan A. Epstein as Interim Executive Vice President of the University of Pennsylvania for the Health System and as interim dean of the Perelman School of Medicine
• A resolution on faculty appointments and promotions
• Resolutions to repatriate a Passamaquoddy Wampum Belt and other Native American cultural objects from the Penn Museum
• Resolutions on the engagement of an independent accountant for FY2024 and to pre-approve recurring non-audit fees paid to the independent accountant for FY2025
• A resolution to authorize tuition ($60,920), fees ($7,766), room and board ($12,640), and meal plan charges ($6,534) for academic year 2024-2025, and to establish a financial aid budget of $311 million
• A resolution to authorize construction of a comprehensive cancer center, ambulatory imaging center, and parking garage at Penn Medicine Princeton Medical Center in FY2025, in the amount of $401,000,000
• A resolution to authorize Sheraton Hotel renovations and mechanical, electrical and plumbing upgrades, in the amount of $60,200,000
• A resolution to authorize Vance Hall and Huntsman Hall renovations, for an additional $9,770,000 (with a total revised budget of $19,700,000)
• A resolution to authorize Sheerr Pool renovations at Pottruck Fitness Center, in the amount of $14,377,000
• Resolutions to re-appoint:
  • Michael B. Lowenstein to the Board of Advisors of the School of Arts & Sciences
  • Osagie O. Imasogie as chair of the Board of Advisors of the Carey Law School
• Resolutions to appoint:
  • Robert J. Fallon and Tara Lipton to the Penn Athletics Board of Advisors
  • Egidio Farone and Myechia Minter-Jordan to the Board of Advisors of the School of Dental Medicine
  • Webster B. Chua to the Board of Advisors of the Graduate School of Education
  • Sascha S. Bauer to the Board of Advisors of the Institute of Contemporary Art
  • Sonia Kapadia to the Board of Advisors of the School of Nursing
• A resolution to confirm the 2024 Slate of the Wistar Institute Board of Trustees

These resolutions were approved, and Mr. Raghavendran adjourned the meeting. The next Trustees meetings will be held on May 16, 2024.