By CBS 2 Chicago Staff

CHICAGO (CBS)– Rebecca Blank has been named the first female president of Northwestern University.

Blank currently serves as the Chancellor of the University of Wisconsin-Madison, Wisconsin’s flagship campus.

The internationally renowned economist will begin as president in the summer 2022.

The university released the following statement:

 “Her appointment as Northwestern’s next president marks a return to the University, where decades ago she was the first tenured woman in the economics department. When she begins her appointment next year, she will again make history – as the institution’s first woman president.”

CBS 2 Chicago Staff