"Dr. Keenum is a respected and thoughtful leader in higher education, and we are delighted that he will be serving as chairman of the board," said Hancock.
Keenum has been a member of the board since January 2015. He will officially begin his term as chair September 1.
The Board of Managers, comprised of university presidents and chancellors representing the ten Football Bowl Subdivision conferences and University of Notre Dame, governs the College Football Playoff business, property and affairs. The board develops, reviews and approves annual budgets, policies and operating guidelines. It has authority over all aspects of the company's operations.