- Associated Press - Friday, October 2, 2015

MILWAUKEE (AP) - The University of Wisconsin-Milwaukee has inaugurated Chancellor Mark Mone, a former business professor tasked with leading the school through a $30 million two-year budget cut.

The ceremony Friday afternoon belatedly celebrates an appointment that has been in place for more than a year.

Mone (MOH’-knee) has said the state-mandated reductions mean his campus could lose hundreds of jobs, and he told the Milwaukee Journal-Sentinel (https://bit.ly/1VsTX0P ) the school would have to downsize.

Restructuring specifics are likely to emerge in the coming months after a planning group recommends which programs to trim or combine.

Mone has said he wants to increase private donations and business partnerships to replace dwindling state funding.

He took the chancellor’s job on an interim basis in May 2014, and his role became permanent in December.


Information from: Milwaukee Journal Sentinel, https://www.jsonline.com

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