- Associated Press - Thursday, December 15, 2016

ALBUQUERQUE, N.M. (AP) - University of New Mexico President Bob Frank says he agreed to leave office early because of the toll a lawsuit would take on the university.

The Albuquerque Journal reports (https://bit.ly/2hpglyx ) that a statement issued by Frank’s lawyer late Wednesday says his agreement to step down Dec. 31 should not be construed as a concession to the Board of Regents, but rather “the most pragmatic move in the long run.”

The settlement will allow Frank, who has been president since June 2012, to take a paid sabbatical until his contract expires May 31. He will then begin a faculty appointment at a reduced salary.

UNM on Tuesday announced the agreement between Frank and the regents.

The regents named Provost and Executive Vice President for Academic Affairs Chaouki Abdallah as acting president.


Information from: Albuquerque Journal, https://www.abqjournal.com

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