Rain chances possible starting middle of next week

OU President David Boren to make important announcement regarding university’s future

David Boren

NORMAN, Okla. – Amid rumors of his retirement, University of Oklahoma President David Boren is scheduled to make an “important announcement” about the university’s future Wednesday.

Wednesday morning, the university sent out a news release saying “President Boren will make an important announcement about the University’s future at 2 p.m. today at Reynolds Performing Arts Center in historic Holmberg Hall. ”

Sources reportedly told the Tulsa World that 76-year-old Boren is expected to announce that he is stepping down following the 2017-18 school year.

Boren is a former Oklahoma governor and U.S. senator.

He has served as OU’s president since November 1994.

You can watch Boren’s announcement on News 4 and KFOR.com.

UPDATE: Read more on Boren’s retirement announcement here.

This is a developing story. Check back for updates.