The University of South Carolina Board of Trustees elected new leadership on Friday (Aug. 21).
Rose Buyck Newton, a third-generation banker who chairs the board at the Bank of Clarendon, was elected chairwoman of the USC Board of Trustees. She was elected board vice chairwoman in 2022 and has chaired the Governance Committee. She holds degrees in finance and economics from Converse College and a master’s of business administration from USC.
Reid T. Sherard was elected vice chair of the Board of Trustees on Friday. The Greenville attorney joined the board in 2023 and earned both a bachelor’s degree in political science from USC's Honors College and a law degree from USC.
Trustees also approved:
- USC’s FY2028 executive budget requests, include seeking funding for a Nuclear Innovation Center and a new ROTC center named after the late Sen. Lindsey Graham.
- Naming the new club space in the southwest corner of Williams-Brice Stadium for Kay and Eddie Floyd.
- Naming a genetic counseling office at the new School of Medicine Columbia building for Andrejs and Astrida Zvejinieks.
- Creating an ad hoc trustee committee on athletics.
- Appointing Wayne Outten (faculty representative), Rhonda O’Banion (5th judicial circuit) and
Caroline Streeter (4th judicial circuit) to the USC Board of Visitors. - Recognizing former board chair Dorn Smith as Distinguished Chair Emeritus.
Contract approvals
- Head football coach Shane Beamer: technical changes to his employment agreement
- Prisma: amendment to affiliation agreement for medical student education and graduate medical education; agreement for funding to support physician development, training and workforce development; and agreement regarding participation in the S.C. Medicaid Supplemental Teaching Physician Payment program
Project approvals
Phase I Projects
- Sumter Street/Main Street (Byrnes) block redevelopment
- Preliminary property acquisitions in the Innovista District and Founders Park
Other projects
- 2026 Comprehensive Permanent Improvement Plan
- Parking lot development at Founders Park
- Bates House/Bates West electrical infrastructure replacement
- Easement at Williams-Brice Stadium
- Golf team clubhouse construction
Bond resolution approval
- Amendment to Athletics Facility Revenue Bond resolution
Faculty approvals
Columbia
- New hires with tenure: two (Molinaroli College of Engineering and Computing and Arnold School of Public Health)
Beaufort
- Tenure at associate professor: two (School of Nursing)
- Tenure and promotion to associate professor: four (Department of Psychology, School of Nursing, Department of Mathematics and Department of Computer Science and Engineering)