Byron Auguste ’89 and Charles Goodyear IV ’80 will join the Yale Corporation following this academic year, University President Richard Levin announced in a press release this morning.

Auguste and Goodyear will replace successor trustees Roland Betts ’68 and Barrington Parker ’65 LAW ’69, who will retire from their terms in June. Auguste is a senior partner at McKinsey & Company, where he directs projects relating to the high technology, information and services industries as leader of the company’s Social Sector Office. He is also a member of the Yale University Council, an advisory group to the president. Goodyear, who is a member of the Yale Tomorrow capital campaign committee, is the president of Goodyear Capital Corporation and the former chief executive officer of BHP Billion, a mining, oil and gas company.

“Yale will benefit enormously from the wisdom and wide-ranging experiences of both Byron and Chip. Each is an accomplished leader of global enterprises and a devoted alumnus of the University,” Levin said in the release.

In addition to the governor and lieutenant governor of Connecticut — who serve as honorary members — and Levin, the Corporation has sixteen members. Ten of these are successor trustees, who may serve a maximum of two six-year terms and choose their own replacements. The other six are alumni fellows, elected by Yale graduates to serve for six years.

Betts has served on the Corporation since 1999, and he has led the board as its senior fellow since 2003. The board will choose a new leader after Betts’ retirement. Parker has also served as a successor trustee since 1999.

The Yale Corporation will meet for its last meeting of the year over Commencement weekend.