Molly Corbett Broad

Molly Corbett Broad (February 22, 1941 – January 2, 2023) was an American academic administrator who was president of the American Council on Education and the University of North Carolina.

Early life and education Molly Corbett was born in Wilkes-Barre, Pennsylvania, on February 22, 1941, one of four children of Stanley A. Corbett and Margaret ( Kelly) Corbett, both public school teachers. She earned a General Motors Scholarship to Syracuse University, where she was a member of Kappa Alpha Theta and graduated Phi Beta Kappa in 1962 with a baccalaureate degree in economics from the Maxwell School of Citizenship and Public Affairs. In 1976, she served the Director of the New York State Commission on the Future of Postsecondary Education.

From 1985 to 1992, Broad served as the Chief Executive Officer for the Arizona University System. She then moved to the California State University System, serving as Senior Vice Chancellor for Administration and Finance from 1992–93, and Executive Vice Chancellor and Chief Operating Officer from 1993-97.

Broad served as the third President of the University of North Carolina system from 1997 to 2006. During her time in this role, she oversaw a historic $3.1 billion higher education bond and created the state's first need-based scholarship program. She also focused on doubling overall minority enrollment and worked to make higher education more accessible through technology. She pushed for greater independence for individual campuses within the UNC System. She also challenged the state's tradition of low tuition costs by raising tuition but increasing financial aid. In addition, she continuously sought out projects that could generate more funding for the UNC System and boost the state's economy. She left the job in on October 31, 2017.

Broad had been working as a partner at RIDGE-LANE LP's Education Practice since 2018. She also held a position on the TIAA-CREF Board of Overseers, and previously served on the PBS Board of Directors, and as the chair of the National Association of State Universities and Land-Grant Colleges, a research, policy, and advocacy organization.

Personal life and death Broad met her future husband, Robert W. Broad, at Syracuse University and they married in 1962. He died in 2020. The couple had two adult sons.