DePauw President to Step Down Next Year

Posted: Updated:
(photo courtesy of DePauw University) (photo courtesy of DePauw University)
GREENCASTLE -

The president of DePauw University has announced plans to resign. Mark McCoy, who has served in the role since 2016, will end his tenure at the university at the end of the 2019-2020 academic year.

McCoy did not provide a specific reason for his decision. He has been with DePauw since 2011, when he served as dean of the School of Music. During his time as president, McCoy led the launch of the university's Gold Commitment and has overseen the Campaign for DePauw fundraising effort.

"I have loved my time at DePauw as dean and president," McCoy said in a news release. "I remain in awe of our faculty, staff, students and alumni and will treasure the relationships developed here for a lifetime. I am also proud of the administrative team and our focus on building a strong foundation for the continued investment in our student experience, people and campus. At this time, I believe that new leadership can build on this stronger foundation and I’m committed to working hand-in-hand with the board, faculty, staff and alumni to not only ensure a smooth transition but equip the next president of DePauw to capitalize on the progress we’ve made and the foundation-building we’ve undertaken together."

In November, the DePauw faculty approved a vote of no confidence in McCoy, the first time such a vote had been made in the school's 180-year history. The vote cited concerns over the university's academic mission and cutbacks to employee health coverage. 

Kathy Patterson Vrabeck, chair of the DePauw Board of Trustees, says the board will immediately begin to develop a transition plan, including a national search for McCoy's successor. Vraback thanked McCoy for his service to the university.

"The trustees accept Dr. McCoy’s resignation with regret and deep gratitude for his selfless contributions to DePauw. In partnership with the Board, he has undertaken necessary strategic change to strengthen our academic and financial future, while launching critical, ongoing initiatives to ensure student well-being and success. He will soon oversee the completion of what promises to be the largest fundraising campaign in DePauw history, and his leadership will remain critical in the coming year as the University makes significant investments in a new first-year residence hall and plans for renovations to the library."

In February, the university announced a restructuring plan that would eliminate more than 70 jobs. McCoy and Vrabeck said at the time the move would ensure the university achieves its vision.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Bob Stutz

      New Role For Salesforce Exec

      After three years on the job, Salesforce Marketing Cloud Chief Executive Officer Bob Stutz is moving into a new role. Stutz, who will remain in Indianapolis, is now executive vice president of strategic partners at Salesforce (NYSE: CRM).  Since arriving in Indianapolis, Stutz has overseen the establishment of the company’s regional headquarters in downtown Indianapolis, which included the Salesforce name being placed atop the state’s tallest building.

    • Red Star announced plans to expand and add 18 jobs.

      Larwill Medical Device Maker to Expand, Add Jobs

      A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022. 

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics. 

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall.