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Regents adopt committee recommendations including KPMG appointment, UCLA power upgrade and Lawrence Livermore LRDP
Summary
The Board of Regents approved recommendations from audit, finance and nominations committees, including compliance with Assembly Bill 481, appointment of KPMG as external auditor for five years, UCLA power upgrade and Lawrence Livermore LRDP items, and nominations actions approving two chancellors' committee assignments.
The University of California Board of Regents voted to adopt recommendations from multiple committee reports, approving compliance steps tied to State Assembly Bill 481, appointing KPMG as the system’s external auditor for a five‑year term, and accepting two finance and capital items: UCLA’s power upgrade and the Lawrence Livermore Laboratory long‑range development plan (LRDP). The Special Committee on Nominations also approved appointments of two new chancellors to committee assignments.
Regent Anguiano (committee chair) summarized two action items from the compliance and audit committee: UC compliance with State Assembly Bill 481 and the appointment of an external auditor, recommended as KPMG for a five‑year term. Regent Cohen reported two finance and capital strategy action items taken on consent — a UCLA power upgrade and the Lawrence Livermore LRDP. The Special Committee on Nominations reported approval of committee appointments for two new chancellors; the transcript does not provide the chancellors’ names.
The board took the three committee reports together and voted to adopt the recommendations. The roll call recorded multiple “aye” votes across regents present; the meeting record shows the committee reports were approved without substantive debate in the public record.
The transcript does not include details on the contract value, terms for KPMG, technical specifications for the UCLA power upgrade, or project timelines for the LRDP; those details were not read into the record during the summary and vote. The record likewise does not name the chancellors whose committee appointments were approved.
Ending: The board’s action advances external audit oversight and capital planning items to implementation steps handled by committee and campus staff; follow‑up records (contracts, project documents, or appointment notices) are not part of the meeting transcript and should be consulted for fiscal and technical specifics.
