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Stock impact report

Syracuse University Chancellor Kent Syverud named University of Michigan president [CBS News]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: CBS News
Syverud, who serves as chancellor and president of Syracuse University, will replace interim Domenico Grasso. Grasso filled the role after former university President Santa Ono stepped down to pursue another job. The university says Grasso will remain in the interim role until Syverud officially takes over later this year. Syverud is expected to assume the role by July 1. "President-elect Syverud is an experienced and trusted leader who has guided higher education institutions—and their students—to new levels of success. The Board of Regents is eager to bring his experience and passion back to U-M, where he is uniquely qualified to grow our impact across the state, nation and world," said Mark Bernstein, chair of the Board of Regents and co-chair of the presidential search committee. According to the university, the New York native's history with U of M dates back to 1981 and 1983, when he earned his juris doctorate from Michigan Law and received his master's degree in economic Show less Read more
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