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Penn State ranked just outside the top 100 in this year's Forbes' list of the top colleges in the United States.
Weiss will begin her tenure with the university on September 16.
"For anyone at Penn State who may have family or friends that have been impacted by these tragedies, we offer our support and note that counseling is available," Barron said.
The lawsuit stems from an Office of Student Conduct investigation into an alleged sexual assault involving the student, identified as John Doe in the complaint, and a former female student, identified as Jane Roe.
The university declined to comment on why Kubit was placed on leave, whether it was paid or unpaid, and how long he's been on leave.
The two incumbents retained their positions for the third consecutive term Thursday.
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