The Phi Kappa Phi leadership team—comprised of the board of directors, divisional vice presidents, and Council of Students—governs Society business between biennial conventions. This committed and accomplished slate of members help guide Phi Kappa Phi's mission "To recognize and promote academic excellence in all fields of higher education and to engage the community of scholars in service to others."
The Society's board of directors consists of 12 members working in conjunction with five elected divisional vice presidents from each of the Society's
divisions, and five student vice presidents that comprise the student engagement panel known as the Council of Students.