THE UNIVERSITY OF NEW MEXICO’S PRESIDENT SAYS HE’S NOT GOING TO SEEK A SECOND TERM. PRESIDENT ROBERT FRANK SAYS HE’S LEAVING THE JOB AS SCHOOL PRESIDENT WHEN HIS CURRENT CONTRACT ENDS ON MAY 31ST OF NEXT YEAR.
IN A STATEMENT RELEASED BY UNM, FRANK SAYS IT WAS WITH MIXED EMOTIONS THAT HE MADE THE DECISION TO STEP DOWN. FRANK IS THE SCHOOL’S 21ST PRESIDENT. HE SAYS THIS WILL GIVE THE BOARD OF REGENTS TIME TO FIND HIS REPLACEMENT.
AN INTERIM PRESIDENT WILL BE APPOINTED IF A PERMANENT SELECTION ISN’T HIRED BY THE TIME FRANK LEAVES OFFICE. HIS REPLACEMENT WILL FACE A NUMBER OF ISSUES, MOST NOTABLY A STRAIN ON FUNDING DUE TO BUDGET CUTS.