Vanderbilt University Chancellor Nicholas S. Zeppos today announced the institution is embarking on a process to reconfigure Vanderbilt University Medical Center as a not-for-profit academic medical center that is financially distinct from the university. The move will give the medical center increased financial independence while preserving and growing the collaboration that has resulted in Vanderbilt's research, education and medical excellence.

Vanderbilt University’s Board of Trust has approved the construction of a seven-story tower on campus as part of an effort to further strengthen the institution’s growing reputation as a major producer of intellectual leaders, entrepreneurs and innovators.

The chairman of a global media and entertainment company, an entrepreneur, two physicians, and a 2013 graduate of the College of Arts and Science are the newest members of the Vanderbilt University Board of Trust.

Chancellor Nicholas S. Zeppos announced four foundational ideas that will guide Vanderbilt as it defines itself in a new century during a speech April 3 at Spring Faculty Assembly.

The One Vanderbilt transformation continues as Nicholas S. Zeppos marks five years as chancellor. Read the story and watch video of Zeppos discussing the opportunities and challenges facing Vanderbilt today.