University of Pennsylvania Provost Vincent Price will take over as Duke University’s new president on July 1, 2017. Duke’s Board of Trustees made the selection Friday morning.
Price told the Duke community on Friday afternoon that the institution is ready to face a watershed moment for research universities.
"Duke is perfectly poised," he said, "to seize unparalleled new opportunities and possibilities to thoughtfully deploy technology in redefining our work."
Under his presidency, Price said that Duke will become a model for diversity and inclusion in higher education.
"Every member of our community belongs," he said. "If we share our differences vigorously and respectfully, we are all the more stronger, intellectually and socially."
Duke's current President Richard Brodhead announced in April that he would step down after 13 years at the helm. The search for his successor included 100 nominees and 25 potential candidates, according to trustee Jack O. Bovender, who led a search committee of 19 trustees, faculty, students, administrators, and alumni.
In a statement, he called Price “a transformative scholar, a dedicated educator and an experienced executive at a very complex institution not unlike Duke.