Southeastern Conference commissioner Greg Sankey has agreed to a contract extension through at least the 2026 season, the SEC announced Thursday.

The SEC's presidents and chancellors approved the contract extension for Sankey, who became the conference's eighth commissioner on June 1, 2015.

"College athletics is in the midst of a transformational period, and the SEC is fortunate to have a highly impactful leader to guide us forward at this critical time in our history," said Jere Morehead, president of the University of Georgia and current president of the SEC.

"He has effectively introduced change and advancement for the conference while respecting the institutional traditions that make the SEC unique. His leadership and ability to foster collaboration through the COVID-19 pandemic helped establish a framework for all of college sports, and those leadership skills will be critical as we move forward with change in the years ahead."

Sankey, 57, has launched the SEC Council on Racial Equity and Social Justice and finalized a 10-year agreement with the Walt Disney Company, a deal that allows ABC and ESPN exclusive broadcast rights to the conference's football and basketball events beginning in 2024-25.

"I am grateful for the support of the SEC's presidents and chancellors, and for the continuing opportunity to serve our universities while supporting the student-athletes of the Southeastern Conference," Sankey said. "We are in the midst of a time of change for college athletics, and I look forward to working with the SEC's campus leaders to identify a path forward that will sustain the incredible success of our Conference and provide opportunities for young people to grow academically and challenge themselves athletically."

The SEC will also expand to 16 member universities in 2025 with the additions of Texas and Oklahoma.

Sankey was Southland Conference commissioner for nearly seven years before joining the SEC in 2002. His roles included executive associate commissioner and chief operating officer prior to replacing Mike Slive as commissioner.