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David Leebron, president of Rice University in Houston, announced Wednesday he plans to step down at the end of the next academic year.

Leebron, who has served as president of the private research university since 2004, will leave the role on June 30, 2022. During his tenure, Rice's student population has grown from 4,855 to 7,500. He also oversaw the beginning of a $1.8 billion capital improvement plan to construct 29 new buildings and complete renovations and other construction projects.

“Ping [Leebron's wife] and I are so grateful for the opportunity we have had at Rice,” Leebron said in a statement. “This is a truly remarkable and dedicated community and it has been a privilege to be part of it.”

The university did not release any information about the search for a new president except to say that it will form a search committee.