Rick Caruso is stepping down as chair of the USC Board of Trustees now that he is running for Mayor of Los Angeles.
The actual date he steps down was not announced and he said he will wait until a
“transition process has been completed.”
“Chair Caruso has been an inspired Board leader and his passion for and commitment to USC run deep. Ensuring the well-being and opportunity to excel of our students, staff, and faculty has always been his guide,” USC president Carol Folt said in a statement.
“I am grateful for his steadfast leadership and have relied on his wise counsel since becoming president. I look forward to working with the Board to elect the next Chair. This process will begin immediately, and Chair Caruso will step down as soon as his successor takes over the role.”