Mary Frances McCourt has been appointed to fill the position vacated by Neil Theobald.
Daniels will succeed France Córdova, who is stepping down after five years leading Purdue.
President France Cordova is retiring in five weeks, and the board has said it wants to pick her successor by then.
IU administrators say they will host another meeting with students early next week.
Board of Trustees Chairman Keith Krach told the twelve members of the panel that they have an enormous task.
Only four teachers will be laid off this year as opposed to more than 130 in 2010.
Debate continues in an ongoing discussion of integration plans for a troubled Bloomington arts organization.
Monroe County Community School Corporation School Board officials say they have not taken any action towards replacing retiring Superintendent J.T. Coopman.
Budget officials say, while the school is currently financially sound, increasing cost and a poor economy could mean IU is heading for rough times.
Indiana University is looking at ways to provide more options to students who need financial aid.