Governance moves at two major business schools underscore board priorities on stability and succession. The University of Southern California’s board confirmed Beong‑Soo Kim as permanent president after a period as interim leader that included deep budget adjustments and layoffs aimed at closing a multi‑year deficit. The appointment signals trustees’ preference for continuity while the campus executes a fiscal turnaround plan. At the University of Virginia, the Darden School formally engaged Korn Ferry to lead a national search for a new dean to succeed Scott Beardsley, with a committee chaired by senior academic leaders. The search emphasizes attracting candidates who can sustain Darden’s teaching reputation while navigating fundraising, program growth, and a changing MBA market.