The UNC System Board of Governors has called an emergency meeting for one o’clock Friday afternoon at the SAS campus in Cary.

The Presidential Search Committee has been meeting at a breakneck pace in recent weeks as they are narrowing down their search for the replacement for Tom Ross.

UNC System spokesperson Joni Worthington said in an e-mail that no candidate names will be disclosed at the meeting and the Board of Governors will not take action on any candidate.

It’s possible a new president could be named at the board’s monthly meeting on October 30.

The News and Observer is reporting the board will speak with the leading candidate Margaret Spellings, the former U.S. education secretary in George W. Bush’s administration. Jane Stancill with the N&O attributes that information to three people with direct knowledge of the search.