Morehouse College announces new president
The search is over. Morehouse College has selected its 13th president.
[DOWNLOAD: Free WSB-TV News app for alerts as news breaks]
The Morehouse College Board of Trustees has named renowned public health leader and alumnus Dr. F. DuBois Bowman to the position.
This comes after a national search for the school's leader.
Bowman graduated from Morehouse in 1992.
'Returning to Morehouse as its 13th president is the honor of a lifetime,' said Bowman. 'This institution shaped who I am—instilling a commitment to excellence, justice, and impact. I am excited to partner with faculty, staff, students, alumni, and supporters to build on our legacy and write the next chapter of Morehouse's transformative story.'
TRENDING STORIES:
Elderly Johns Creek woman tricked out of $47,000 while doing crossword puzzle
12-year-old nearly kidnapped from Cobb County bus stop, police say
Water shooting into the air after massive main break in DeKalb County
He currently serves as dean of the University of Michigan School of Public Health.
'Dr. Bowman's record of visionary leadership, his deep commitment to academic excellence, and his lifelong dedication to Morehouse make him the ideal choice to lead the College into its next era,' said Willie Woods '85, chairman of the Morehouse College Board of Trustees. 'He brings an extraordinary blend of intellectual rigor, strategic thinking, and values-driven leadership.'
School officials said his appointment follows a historic milestone for the college, which recently named both Research College & University (RCU) and Opportunity College & University (OCU) in the 2025 Carnegie Classifications.
Current Morehouse College President Dr. David A. Thomas announced his retirement last year. He will conclude his tenure in June.
Bowman will take over as president on July 15.
[SIGN UP: WSB-TV Daily Headlines Newsletter]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 days ago
- Yahoo
U.S. Federal Reserve's New Supervision Chief Will Wield Crypto Authority
The Federal Reserve — a key regulator of U.S. banking — is about to have a new vice chairman for supervision, Michelle Bowman, who will ultimately guide how the Fed oversees the financial system, possibly including how stablecoin issuers are regulated. After a tight party-line confirmation vote in the Senate approved the Kansas Republican's nomination 48-46, Bowman, who has already been serving as one of the Fed board's governors, will now be elevated to one of its leadership roles. The supervision job was created after the 2008 global financial meltdown and is meant to help focus the central bank's regulatory role as distinct from its better-known job marshaling U.S. monetary policy. Banking has been a sore spot for the crypto industry, and the Fed — alongside the two other bank agencies, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — had taken a highly cautious crypto stance. The sector and its lawmaker allies have blamed the agencies for pressuring the banking system to cut off digital assets businesses and insiders from banking services, jeopardizing the industry's health, though this changed after Donald Trump became U.S. president again this year. In April, the Fed joined the other regulators in withdrawing earlier constraints on banks' interactions with the industry. The Fed's potential role over stablecoin issuers remains murky as the regulatory legislation is still being debated. Republicans lawmakers have worked hard to sideline the central bank from stablecoin duties, but the latest legislation being considered still foresees the Fed regulating stablecoin issuance in the banks it oversees, plus serving a role in assessing whether foreign regulators are up to snuff to handle issuers outside the U.S. While Democrats had favored a Fed duty as a watchdog over nonbank issuers, the current legislation being debated on the floor of the Senate puts the OCC in that position. In her new job, Bowman will serve under Fed Chair Jerome Powell, who has stated in the past that he'd defer to the vice chairman to lead the supervisory agenda. She replaces Democrat predecessor Michael Barr in the position, though he stayed on the board. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
Bowman Announces Authorization of New $25 Million Share Repurchase Program
RESTON, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN) ('Bowman' or the 'Company'), a national provider of technical engineering and program management services, today announced the authorization by its Board of Directors of a new share repurchase program under which the Company may repurchase up to $25 million of its common stock over the next 12 months commencing June 9, 2025. This new authorization replaces the Company's stock repurchase authorization, which terminates on June 6, 2025. Bowman intends to continue to prioritize organic and acquisitive growth as part of its strategic growth initiatives. The timing and amount of any share repurchases will be determined by management at its discretion based on several factors including share price, market conditions and capital allocation priorities. Shares may be repurchased from time-to-time through open market purchases, in privately negotiated transactions or by other means, including the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The new share repurchase program does not obligate Bowman to acquire a specific number of shares of common stock and may be suspended, modified or discontinued at any time without notice. About Bowman Consulting Group in Reston, Virginia, Bowman is a national engineering offering infrastructure, technology and program management solutions to owners and operators of the built environment. With over 2,400 employees in 100 locations throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit or This press release may contain forward-looking statements within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding the date of commencement and expiry of the share repurchase program, the amount of shares to be repurchased, the method of the share repurchases, if any, pursuant to the share repurchase program and the anticipated execution of the repurchase program consistent with the Company's strategic initiatives described above are forward-looking statements and represent our views as of the date of this press release. The words 'anticipate', 'believe', 'continue', 'estimate', 'expect', 'intend', 'may', 'will', 'goal' and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several assumptions and risks and uncertainties, many of which involve factors and circumstances that are beyond our control that could affect our financial results. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this press release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations or policies; and (e) the risk factors set forth in the Company's most recent SEC filings. Considering these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, we are under no obligation to update these forward-looking statements after the date of this press release or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. Investor Relations Contact:Betsy Pattersonir@ General Media Contact: Christina Nicholspr@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Yahoo
Senate confirms Bowman as Fed supervision czar
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Senate confirmed Federal Reserve Gov. Michelle Bowman, by a 48-46 vote Wednesday, to serve as the central bank's vice chair for supervision. Bowman's bid received no support from Democrats – a change from 2018, when she joined the Fed board with a 64-34 vote from the Senate. Once she's sworn in, the central bank will have a point person on supervision for the first time since Feb. 28, when Michael Barr, who's still serving as a Fed governor, stepped down from the post. Barr's tenure was morbidly unpopular among Republicans, punctuated by their deafening rejection of a proposed 19% increase in capital requirements for the U.S.'s largest banks. A revised proposal cut the increase in half, but as political winds shifted last year, even the compromise stalled. Sen. Tim Scott, R-SC, the Senate Banking Committee's chair, referenced Barr's term in his nod to Bowman. 'During the previous administration, we saw the negative impacts of poor direction in the [vice chair for supervision] position, which is why I called on the Trump administration to quickly fill the role and restore accountability at the Federal Reserve,' Scott said. 'I look forward to working with Vice Chair Bowman to increase transparency in financial regulation, right-size our regulatory framework, and protect access to credit for hardworking Americans.' Sen. Elizabeth Warren, D-MA, the committee's ranking member, warned it would be 'especially dangerous' to put Bowman in charge of supervision, noting the Fed governor's recent support for lifting the long-standing asset cap on Wells Fargo and the acquisition of Discover by Capital One. 'In her six years on the Federal Reserve Board, Governor Bowman has hacked away bit by bit at the safeguards put in place after the 2008 financial crisis,' Warren said. 'Deregulating Wall Street right now would throw gasoline on [President Donald] Trump's economic fire.' In particular, Warren noted Bowman's opposition to updates to the Community Reinvestment Act and what the senator called a 'concerning lack of independence from the White House.' 'At her [nomination] hearing, she refused to recognize the economic uncertainty created by President Trump's tariffs and their potential impact on financial stability – putting her at odds with [Fed] Chair [Jerome] Powell, Fed staff, and economic experts across the political spectrum,' Warren said. 'It was clear that Governor Bowman did not want to be seen as even indirectly criticizing President Trump.' When asked during her April nomination hearing on the effect of Trump's tariffs, Bowman said, 'I think, as we were watching and waiting to see how the path for these policies continues to evolve, we'll understand what the economic effects of those policies will be.' When pressed further, Bowman said, 'Senator, what I would tell you is that we're starting on a strong economic foundation' – a reply Warren dubbed a 'nothing' answer. Since Barr's resignation, Bowman has been vocal on several aspects of bank supervision. In a January speech, she advocated for letting go of 'binary thinking' that pits regulators against banks in an adversarial way and assesses individual reforms on whether they're too tough or too lenient on banks. It's important for regulators to strike the right balance in promoting safety and soundness while not stifling economic activity, Bowman said. On innovation – in perhaps a reference to cryptocurrency and other digital assets, she said in February, 'We must prioritize understanding the risks and benefits of new technologies before developing a supervisory posture, especially when … using the 'soft' power of supervision to discourage its use.' In March, Bowman called out the delays in mergers caused by the Fed's approach to negative comments on the applications it receives. At her April hearing, Bowman affirmed she is committed to maintaining the Fed's independence with respect to monetary policy and the central bank's responsibilities related to the economy – a running concern after Trump's blistering and sustained criticism of Powell. Trade groups, by and large, expressed support for Bowman on Wednesday. 'With her deep experience as a federal regulator, state regulator and community banker, Governor Bowman understands the real-world impact U.S. banking rules can have on the economy and consumers,' American Bankers Association CEO Rob Nichols said in a statement Wednesday. 'We applaud the president for nominating her and look forward to working together to develop a rational bank regulatory framework that preserves the commitment to safety and soundness that we all share, while giving banks of all sizes the chance to support their customers and communities and drive the U.S. economy forward.' 'Vice Chair Bowman's experience will be vital in guiding thoughtful oversight that fosters innovation and maintains the strength of our financial system," Consumer Bankers Association CEO Lindsey Johnson said. Consumer advocate Better Markets, however, warned that Bowman's values don't reflect everyday borrowers and risk hastening a repeat of 2008. 'While claiming to care about Main Street, she enthusiastically and unequivocally supports those banks' priority of deep, broad and mindless deregulation, which will no doubt contribute to another horrific crash,' Better Markets CEO Dennis Kelleher said in a statement Wednesday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
