University of Missouri Chancellor Brady Deaton announced today that he will step down as chancellor effective November 15 of this year.
Deaton says the time was right.
“(The decision to retire) did not happen quickly, let me say, I looked at a range of issues. The success and the coming together of the planning that we have been engaged in has been a very big part of it. And frankly the lack of absence of any major crises as I see them right now, you don’t want to choose that time,” Deaton said.
Deaton says there are no negative motivations behind his retirement.
Updated at 5 p.m. following the presentation to the Board of Curators.
Students at the four campuses of the University of Missouri system are likely to face tuition and fee increases again next year as the school struggles to cope with an ongoing decrease in state funding.