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Struggling Bethune-Cookman University has selected the dean of the University of Denver’s College of Business as its next president.

The Daytona Beach News-Journal reports Brent Chrite will take over as the university’s seventh president on July 1.

The Daytona Beach school is in the midst of a FBI and Department of Education investigation into a student housing project. And Chrite arrives just one week after a regional accrediting body is scheduled to decide whether to remove or extend its probationary sanction or revoke its accreditation entirely.

Chrite said he and his wife were inspired by students they met during a visit to the campus.

He previously served as dean at Monclair State University and held leadership positions at the University of Arizona and the University of Michigan.