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Statement from the Chair

August 23, 2019 — Response to the Board of Governors’ Investigation

I’ve read the report, and I accept its findings. Since leading UCF’s investigation, I’ve been singularly focused on getting to the bottom of these failings and correcting them.

This report provides clarity on the pattern of misspending that we uncovered last year. And today, the Board is overseeing the implementation of more than 80 recommendations that will strengthen policies, procedures and controls.

I look forward to discussing these changes with the Board of Governors.

UCF BOT Bev Seay Beverly Seay, Chair, UCF Board of Trustees

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