James B. Milliken has been appointed as the new chancellor of the UT System.

The UT Board of Regents voted unanimously to appoint Milliken on Monday.

Milliken has over 30 years of experience in higher education. He comes to the UT System after serving as chancellor of The City University of New York.

He has worked at many public universities including the University of Nebraska and the University of North Carolina.

Milliken will become the 12th chancellor of the UT System.

In a statement released by the UT System, Milliken said the UT System “extraordinary opportunity and responsibility to prepare Texas to lead nationally and globally.”

“I’ve been very impressed by the optimism and confidence of the leadership of UT’s academic and health institutions, and I’m looking forward to working closely with them on efforts to advance their vital missions in education, research and healthcare,” Milliken said.

The fifth-generation Nebraskan received a bachelor’s degree from the University of Nebraska and a law degree from New York University.  

Milliken actually began his career at a Wall Street law firm.

He left to become an administrator and professor at his alma mater, NU.

Milliken will succeed William H. McRaven, who became chancellor in 2015.

McRaven stepped down at the end of May.

Former president of UT Austin, Larry Faulkner,  has been serving as chancellor ad interim since McRaven’s resignation.

The Board of Regents announced Milliken as the sole finalist on Aug. 4, but due to Texas law, regents had to wait at least 21 days before voting to make the appointment official.

Milliken’s first day as chancellor is Sept. 17.