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When the Board of Trustees voted to approve the formation of a Cornell College of Business in January 2016, they created a framework that would subsequently be defined through broad community input. The president and provost formed seven committees with membership spanning all campus constituencies, with final reports to be submitted in mid-April. All committees have now reported back with meaningful and substantial narratives guiding the next steps in forming the CCB.

College of Business leadership and planning committee members reported on the outcomes of the committee process and discussed the next phase of the college's development May 10, 2016 at an open forum for faculty and staff.