Current:Home > ScamsUW-Milwaukee chancellor will step down next year, return to teaching -Streamline Finance
UW-Milwaukee chancellor will step down next year, return to teaching
View
Date:2025-04-16 01:37:35
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! (2)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- The key to EGOT-ing with John Legend
- Settle in for the spy-show pleasures of 'The Night Agent'
- Da Brat Is Pregnant, Expecting Baby With Wife Jesseca Judy Harris-Dupart
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Sacramento will rename a skate park after its former resident Tyre Nichols
- Tiger Woods Apologizes for Handing Golfer Justin Thomas a Tampon During PGA Tournament
- See Mark Consuelos Join Kelly Ripa and Ryan Seacrest on Live After Co-Host Announcement
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 'Shazam! Fury of the Gods' has lost some magic
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- 'Wait Wait' for March 18, 2023: With Not My Job guest Sam Waterston
- How a hand gesture dominated a NCAA title game and revealed a double standard
- Sam Waterston on being the most recognizable pretend lawyer in New York
- The Best Stocking Stuffers Under $25
- Denise Lajimodiere is named North Dakota's first Native American poet laureate
- Shawn Mendes Reflects on Eye-Opening Journey After Canceling His Tour
- Shop the Cutest Inclusively Designed Journals, Planners & Home Decor From Be Rooted
Recommendation
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
Michelle Yeoh called out sexism in Hollywood. Will it help close the gender gap?
BAFTA Producer Defends Ariana DeBose Amid Criticism Over Opening Number
Family Karma's Amrit Kapai Share's Update on Starting a Family After Baby Journey Hurdles
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
'The Big Door Prize' asks: How would you live if you knew your life's potential?
'The House Is on Fire' spotlights privilege, sexism, and racism in the 1800s
Prince Harry and Meghan Markle's Rep Slams Speculation They Plan to Sue Over South Park Episode