The announcement was reportedly to be made earlier in the day, but has since been delayed.
The announcement comes as the College works to weather the financial storm surrounding the ongoing recession. Dartmouth laid off 60 employees last month in an effort to cut $47 million at the College.
The announcement represents the culmination of a presidential search process initiated following Wright's Feb. 4, 2008 announcement that he intended to retire. Trustee Al Mulley '70 was chosen to chair the College's presidential search committee one month after the announcement, and the remaining members of the committee were announced on June 18, 2008. The committee included six trustees, six faculty members, an alumna and a student.
The committee drafted a leadership statement to guide the search process, released on Sept. 30. The statement said that the next president must be able to articulate a comprehensive vision for Dartmouth that will strengthen the academic reputation of the College and the professional schools, while building consensus among students, faculty and alumni.
The statement also called for the next president to have a commitment to teaching and academic inquiry, experience recruiting a strong faculty and an understanding of tradition. In addition, the president "should conduct a careful strategic review of graduate education and should substantially strengthen its position," according to the statement.
In January of this year, Mulley added that a candidates' fiscal experience and history of economic stewardship was a factor in selecting Wright's successor.
Most of the candidates considered in the process have "some background" in higher education, Mulley previously told The Dartmouth, and many have "direct leadership experience."
Stay with The Dartmouth, in print and online at TheDartmouth.com, for continuing coverage of this event throughout the day.
