Current:Home > NewsUW-Milwaukee chancellor will step down next year, return to teaching -AssetTrainer
UW-Milwaukee chancellor will step down next year, return to teaching
View
Date:2025-04-13 12:17:20
MADISON, Wis. (AP) — University of Wisconsin-Milwaukee Chancellor Mark Mone announced Wednesday that he plans to step down next year and transition to a teaching role as the UW system continues to struggle financially.
Mone said in a post on the social platform X that he will resign as leader of the Universities of Wisconsin’s second-largest campus effective July 1, 2025. He said he will move into a teaching role at the university’s business school.
He didn’t elaborate on why he has chosen to step down.
Asked for an explanation, UW-Milwaukee spokesperson Angelica Duria said in an email to The Associated Press that, “It was a deeply personal decision for Chancellor Mone and for him, it is the right time.”
Mone has served as chancellor at UW-Milwaukee since 2014. His decision to resign comes as the Universities of Wisconsin system is grappling with declining enrollment and relatively flat state aid.
Shrinking enrollment has forced UW officials to close or announce plans to close six two-year branch campuses around the state since 2023. Among those schools is UW-Milwaukee’s Waukesha campus, which is set to close after the spring 2025 semester.
Ten of the UW system’s 13 four-year universities faced deficits last year, with UW-Milwaukee facing the largest shortfall at $18.8 million.
The school announced plans this past January to sell the chancellor’s residence to help close a projected $18.8 million deficit. The residence remains on the market for $1.2 million, according to a Powers Realty Group listing. The school also has eliminated nearly 90 positions.
Financial data UW system officials presented to regents earlier this month show six universities face deficits over the coming academic year. UW-Milwaukee is expected to finish in the black.
Democratic Gov. Tony Evers has said he plans to ask the Legislature for $800 million for the system in his next budget, but if Republicans maintain control of both the Assembly and Senate in this fall’s elections it’s almost certain they won’t hand the system that much money.
Mone praised his administration in his statement for withstanding a global pandemic as well as managing budget cuts and enrollment “challenges.”
“Thanks to the steadfast work of my predecessors, administrators and our dedicated faculty, staff and students, we have achieved far more than what the dwindling state support could enable,” he said. “We should all feel gratified about what we have accomplished together and with our community support.”
Universities of Wisconsin President Jay Rothman said in a statement that Mone “consistently elevated” UW-Milwaukee.
“We owe Mark a debt of gratitude for his service and look forward to his future of ongoing service at UWM,” Rothman said.
veryGood! (14)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Former longtime South Carolina congressman John Spratt dies at 82
- Questlove charts 50 years of SNL musical hits (and misses)
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- A White House order claims to end 'censorship.' What does that mean?
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- 2025 'Doomsday Clock': This is how close we are to self
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Nevada attorney general revives 2020 fake electors case
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Military service academies see drop in reported sexual assaults after alarming surge
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
What do we know about the mysterious drones reported flying over New Jersey?
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor