Top U.S. business schools moved on leadership this week: Duke Fuqua elevated interim dean Mary Frances Luce to the permanent deanship after an internal search, signaling continuity for the school’s strategic agenda. At the University of Virginia’s Darden School, the university retained Korn Ferry to run a national search for a permanent dean as interim leadership continues after the prior dean moved to the university presidency. The contrasting moves illustrate two governance approaches: internal promotion to preserve momentum versus broad external searches to attract transformational leaders. Trustees, alumni boards and faculty will watch candidate pools for commitments to fundraising, faculty recruitment, AI curriculum integration, and maintaining MBA pipeline stability amid sectorwide pressures.