WASHINGTON D.C. — Adm. Karl L. Schultz was relieved as Commandant of the U.S. Coast Guard by Adm. Linda L. Fagan during a military change-of-command ceremony presided over by President Joe Biden, Wednesday at Coast Guard Headquarters, according to a Coast Guard press release.

“The men and women of the Coast Guard deserve all the credit for what we have accomplished,” said Schultz in the release. “I’m humbled to have led the world’s best Coast Guard as Commandant during the last four years, which presented some unique challenges. Our collective resolve, bias for action, unrivaled devotion to duty, true grit and dogged determination burnished the Service’s brand and standing, both in the Homeland and abroad.”

The announcement states that Fagan is the Coast Guard’s first woman to hold the rank of four-star admiral. She again made history not only as the first woman to lead the Coast Guard—but also as the first woman Service Chief of any U.S. military service.

Immediately following the change-of-command, Schultz retired from the Coast Guard after 39 years of service to the Nation, the release stated. He was awarded the Homeland Security Distinguished Service Medal from Secretary Alejandro N. Mayorkas, Department of Homeland Security.

The release states Schultz became the 26th Commandant of the U.S. Coast Guard on June 1, 2018. A component of the Department of Homeland Security, the Coast Guard is comprised of more than 57,000 active duty, reserve and civilian Coast Guardsmen and more than 25,000 volunteer Coast Guard auxiliarists. Schultz’s leadership raised the profile of the Service both here at home and across the globe as the Coast Guard experienced an unprecedented demand signal for its operational capabilities and partnering skills. During his four-year tenure, Schultz championed a compelling “Readiness Narrative” that raised the Service’s funding levels allowing renewed internal focus on the Coast Guard’s Mission Ready Total Workforce, as well as prolific shipbuilding, aviation asset recapitalization, and a signature Technical Revolution.

Fagan assumed the duties as the 27th Commandant following her service as the 32nd Vice Commandant. As Vice Commandant, Fagan served as the Chief Operating Officer, responsible for executing the Commandant’s Strategic Intent, managing internal organizational governance, and serving as the Component Acquisition Executive.

“The Coast Guard is a more ready, relevant, and responsive service thanks to the incredible leadership of Admiral Schultz,” said Fagan, in the release. “I thank Admiral Schultz and Mrs. Dawn Schultz for their selfless service over the last four years and wish them fair winds and following seas.”