July 12, 2014 8:23 PM ET

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Company Overview of University of California

Company Overview

University of California (UC) is an educational and research institution. The university provides undergraduate, graduate, and professional courses focusing on engineering and computer science, physical and biological sciences, arts and humanities, social sciences, law, and business management. It also owns and operates medical centers, museums, and libraries. Additionally, UC manages the U.S. Department of Energy National Laboratories that include Berkeley National Laboratory, Lawrence Livermore National Laboratory, and Los Alamos National Laboratory. The University of California was founded in 1868 and is based in Oakland, California with additional campuses in Berkeley, Davis, Irvine, Los...

1111 Franklin Street

12th Floor

Oakland, CA 94607

United States

Founded in 1868

137,546 Employees





Key Executives for University of California

President and Member of the Governing Board
Age: 69
President and Member of the Governing Board
Chief Financial Officer and Executive Vice President
Age: 55
Interim Executive Vice President of Business Operations
Chief Investment Officer
Compensation as of Fiscal Year 2014.

University of California Key Developments

University of California Selects Sam Hawgood as Chancellor for University of California San Francisco

University of California announced 10th chancellor of UC San Francisco is Sam Hawgood, the UCSF School of Medicine dean who emerged from a national search as the top candidate after leading the campus in an interim role. Hawgood succeeded Susan Desmond-Hellmann as interim chancellor on April 1, 2014. The UC Board of Regents will vote on Napolitano's selection and the terms of the appointment on July 17 in a special session at the conclusion of the regents' regular bi-monthly meeting. Hawgood has served as dean of the UCSF School of Medicine and as vice chancellor for medical affairs since September 2009, after assuming the role of interim dean in December 2007. He previously had chaired the Department of Pediatrics, having first served in an interim role. He also served as associate director of the Cardiovascular Research Institute.

Fibrocell Science, Inc., Enters into Exclusive License Agreement with University of California

Fibrocell Science Inc. announced that it has entered into an exclusive license agreement with The Regents of the University of California. Under the agreement, Fibrocell acquired the rights to commercially apply patented discoveries and technologies resulting from the ongoing scientific collaboration between the University of California at Los Angeles (UCLA) and Fibrocell Science. The technologies from the UCLA collaboration and exclusive license agreements enable Fibrocell to expand its proprietary Personalized Biologics platform which uses human fibroblasts and stem cells from skin to create localized therapies that are compatible with the unique biology of each patient. Specifically, the newly licensed patents and technologies relate to two advancements in the therapeutic application of cell therapies: Methods for use of autologous fibroblasts for developing personalized biologics with bone morphogenetic protein 2 (BMP-2) for bone repair, opening the potential for optimal therapeutic effect of BMP-2 at the site of disease in surgical procedures involving bone repair; Methods for producing highly stable, commercially viable induced pluripotent stem cells (iPSCs) from adult skin cells, opening the potential to expand the usage of iPSCs in autologous cell therapies.

University of California System and Teaching Assistants Reach Deal, Avert Strike

The University of California system has reached a tentative agreement on a new contract covering 13,000 teaching assistants, readers and tutors, lifting the threat of a 10-day strike during the coming final exam period at most UC campuses. Leaders of the UC Student-Workers Union UAW Local 2865 and UC system representatives confirmed that the proposed new pact will last four years and provide pay raises and some improved benefits. A ratification vote is scheduled for next week. Claiming unfair labor practices and intimidation, the union had threatened to strike starting Saturday on the eve of finals, which its members often monitor and grade. The union held a two-day walkout in April, during which 22 demonstrators at UC Santa Cruz were arrested. The union represents student workers at the nine UC undergraduate campuses. The strike would have affected the seven schools on the quarter-schedule. The four-year contract calls for raises of 5% the first year, 4% the second, 4% the third and 3% the final year, as well as expanded leaves for new parents and better child-care subsidies. Graduate students who are teaching assistants usually are paid $17,000 a year for working 20 or so hours a week, officials said; tutors and readers typically earn between $12 and $20 an hour and work up to 10 hours a week. The settlement follows a pattern over the last few months at UC of last-minute agreements averting strikes, including those threatened in March by unionized technical workers at UC medical centers. It also marks a significant step toward achieving UC President Janet Napolitano's goal of bringing labor peace to the 10-campus system. Since she arrived in the job last fall, the former U.S. secretary of Homeland Security has helped to oversee multiyear agreements with 10 other unions at UC.

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