A UNC official contacted Wednesday afternoon would neither confirm or deny rumors about Davis's job security, saying only: "The chancellor met with the Board of Trustees to discuss the future of the football program today."
According to a source, Davis, athletic director Dick Baddour and chancellor Holden Thorp held a closed door meeting on Tuesday afternoon.
The Board of Trustees had a regularly scheduled 1 p.m. meeting on Wednesday at the Carolina Inn in Chapel Hill, including a session that was closed.
The Board of Trustees, a 13-member board that governs the University welcomed new leadership and new members on Wednesday. Wade H. Hargrove, a Raleigh a corporate and national media lawyer and partner with Brooks, Pierce, McLendon, Humphrey & Leonard LLP, was elected chairman. W. Lowry Caudill of Durham, co-founder of Magellan Laboratories and retired president of Pharmaceutical Development for Cardinal Health, and Steven J. Lerner of Chapel Hill, founder and chairman of the Board of Directors of both Capstrat and FGI and managing partner of the Blue Hill Group, were also sworn into office.
Davis addressed the strong support that Baddour and Thorp had given him throughout the NCAA investigation at the ACC Kickoff in Pinehurst, N.C., on Monday afternoon.
"I truly have always felt like I’ve had the support of the administration," Davis said. "That’s been reassuring, because those are the kinds of things that allow you to deal with a confidence of the decisions you make that are going to impact this program for the next 25 years. Whether it’s fundraising for the facilities, for academic support and for the leadership academy and the new Charlie Loudermilk facility that’s going into the end zone. From the type of kids you recruit to any policies and procedures that you would impact – you want to make sure its things that are going to have some validity in the future."
Davis, who is 28-23 in four seasons as the Tar Heel head coach, was not mentioned in the notice of allegations that UNC received from the NCAA last month.