The president of the University of Illinois system, a system of public universities in Illinois, is the chief executive officer and a member of the faculty of each of its colleges, schools, institutes, and divisions. The president is elected by the University of Illinois Board of Trustees and is responsible to them for the operation of the system. The president prepares budgets for presentation to the board, recommends persons to the board for appointment to university positions, and is responsible for the enforcement of the rules and regulations of the universities. On recommendation of each university and by authority of the trustees, the president issues diplomas conferring degrees. Following the establishment of the office in 1867, John Milton Gregory served as the first president, and