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Brown President Paxson to Step Down After $50 M Settlement

8/4/2026

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Story summary
  • Brown University President Christina H. Paxson announced she will step down at the end of the 2026–27 academic year.
  • She secured a $50 million settlement with President Donald Trump’s administration that restored over $500 million in frozen research funds.
  • A December campus shooting that killed two students and injured nine prompted lawsuits alleging security failures.
  • Bank of America CEO Brian Moynihan praised Paxson’s leadership and announced a national search for her successor.
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