Rich Lyons, the next UC Berkeley chancellor.
Credit: Courtesy of UC Berkeley
Rich Lyons, UC Berkeley’s top innovation official and former business school dean, will become the next chancellor of the campus, the university announced Wednesday.
Lyons, 63, an alumnus of Berkeley, will start in the role on July 1, when current chancellor Carol Christ will step down.
“I am humbled and thrilled to become UC Berkeley’s next chancellor, following the remarkable leadership of Chancellor Christ. Berkeley is one-of-a-kind, and I will endeavor to honor its traditions and history while guiding the campus into its next chapter and growing its impact,” Lyons said in a statement.
When he assumes the role this summer, Lyons will take over at a particularly fraught time in higher education, including at Berkeley. Israel’s war in Gaza has divided the campus, where there have been numerous protests and demonstrations since last fall. Last month, the U.S. Department of Education announced it is investigating Berkeley over potential incidents of discrimination related to the war.
Faculty at Berkeley, meanwhile, “have never been more demoralized,” the Berkeley Faculty Association wrote in an open letter to the next chancellor last week. In the letter, the faculty lamented that they have not received a raise in line with inflation for many years and that their salaries lag behind the faculty at peer institutions.
The result, according to the faculty, “is a campus that is close to the breaking point,” with faculty who are burdened with maintaining Berkeley’s reputation despite “ever-diminishing resources and ever-deteriorating working conditions.” Faculty have also struggled to afford housing in the expensive San Francisco Bay Area, they wrote.
At the same time, Berkeley is “struggling to maintain its reputation as a bastion of free speech and academic freedom,” according to the faculty. “Across the country, the alt-right has sought to neutralize universities as spaces of critical thought. They have found allies on our own campus who are worried that potential donors may be alienated from the Berkeley ‘brand,’” the faculty association wrote.
Lyons served as dean of the Haas School of Business from 2008 to 2018. He is also a professor of economics and finance at the school. Since 2020, he has been in his current role as Berkeley’s chief innovation and entrepreneurship officer.
UC systemwide President Michael Drake, who helped select Lyons, said in a statement that he would be a “bold and visionary leader” for the campus committed to “preserving Berkeley’s academic and research prowess.”
As chancellor, Lyons will earn an annual salary of $946,450.
After earning his bachelor’s degree in business from Berkeley in 1982, Lyons also received a Ph.D in economics from the Massachusetts Institute of Technology in 1987. He joined the Berkeley faculty as a professor of finance in 1993 and has been on the campus ever since, other than spending two years working as the chief learning officer at Goldman Sachs beginning in 2006.
Lyons’ predecessor as chancellor, Christ, said in a statement that she is “thrilled and reassured” by the selection of Lyons as the next chancellor. “In so many ways, Rich embodies Berkeley’s very best attributes, and his dedication to the university’s public mission and values could not be stronger,” she added.
