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Dr. Larry R. Faulkner announces resignation as president of The University of Texas at AustinJune 30, 2005 AUSTIN, Texas— Dr. Larry R. Faulkner, president of The University of Texas at Austin since 1998, today (June 30) announced his plans to resign as president.
Faulkner said his announcement enables the University of Texas System’s Board of Regents to plan an orderly succession and ensures a smooth transition to a new administration. “By the end of my service,” Faulkner said, “I will have completed just about eight years in office. This is quite a long period in the history of our university. Only one or two of the 26 individuals who have held this office will have served longer. The university has had many successes during the past eight years, and my wife, Mary Ann, and I have felt privileged to have been a part of them. But the time comes for the energy and fresh ideas of a new leader, and both of us are firm in the view that this is the time for change here. We see our choice as one between committing to service through and beyond the legislative session of 2007 or stepping down on a schedule that leaves time for a successor to prepare for that session. It is clear to us that this is the moment to commit to change.” Faulkner said he and his wife “have no specific plans for the next phase of our lives.” “It is our target to hand the reins to a successor on March 1, 2006,” Faulkner said, “but the search could take longer. I have indicated to the chancellor and the chairman that I may be willing to serve beyond that date if the transition requires it. On the other hand, Mary Ann and I are also reserving the latitude to make the change even a little earlier, if necessary, for whatever comes next for us.” The UT System Board of Regents will conduct a national search for a successor to Faulkner. The chairman of the board will appoint a presidential search advisory committee to solicit and review nominees and applicants before the Board of Regents interviews finalists and selects a new president. [For more information about the presidential transition, visit the Presidential Search Process.] “I think that all the members of the Board agree with me when I say that Larry Faulkner is the very best president of a national research university in the country—period,” said James R. Huffines, chairman of the University of Texas System Board of Regents. “He has been an invaluable asset to UT Austin, to the System and to Texas. His announcement today marks the conclusion not only of his tenure as president, but a historic milestone for this institution. Larry Faulkner’s remarkable legacy to UT is that he has not only achieved great things, he has established a very solid foundation for the future. “From the first day he set foot on campus, he has elevated the stature of UT as a major research university. His relationship with the faculty, students, alumni and the Texas higher education community has been outstanding. Larry’s decision to come here sent a message to every academic leader in the country that Texas has arrived and will not be satisfied with taking a backseat to any university system.” “Larry Faulkner is a leader,” said Mark G. Yudof, chancellor of the University of Texas System, “a visionary and among the best university presidents in the country. Like the most accomplished and wise in every endeavor, he is leaving at the top of his game, when all of us wish he would stay longer and do more—and we have told him so. Difficult as it will be to replace him, we respect Larry’s decision and wish him Godspeed for whatever comes next.” During Faulkner’s tenure, the university introduced a wide range of critical new academic programs. Through the Commission of 125, a group of alumni and citizens, it developed a new long-range, strategic plan. Faulkner reorganized and modernized the institution’s administration and installed a structure to foster more effective strategic planning. He introduced new programs and initiatives to promote participation in university life by all segments of the Texas population. And he gave new emphasis to human resources, addressing issues of faculty and staff salary competitiveness, organizational structure and campus services. Under Faulkner’s leadership, the university also completed the most successful fund-raising campaign in its history, raising more than $1.6 billion. Among achievements of the Faulkner administration:
Faulkner was appointed the university’s 27th president on Dec. 16, 1997, and officially took office on April 13, 1998, after serving as provost, dean of the College of Arts and Sciences and head of the Department of Chemistry during 25 years at the University of Illinois at Urbana-Champaign. Faulkner’s tenure is the third longest among the university’s presidents. Dr. Harry Yandell Benedict served in the position from 1927 to 1937. Dr. Theophilus S. Painter served from 1944 to 1952. Should Faulkner remain as president until March 2006 his tenure will be the second longest among university presidents. For more information about the Faulkner administration and the presidential transition visit A President’s Legacy Web site. NOTE TO EDITORS: The University of Texas System will have a press availability at 1:30 p.m., today (June 30), on the 9th floor of Ashbel Smith Hall, 201 W. 7th Street, Austin, regarding the presidential search process for a successor to Dr. Faulkner. Details of the location and other information are available from the UT System Office of Public Affairs (512-499-4363), or can be viewed on the UT System News Web site. For more information contact: Don Hale, 512-475-6869. |