UT President Lloyd Jacobs stepping down at end of month - 13abc.com Toledo (OH) News, Weather and Sports

UT President Lloyd Jacobs stepping down at end of month

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UT President Lloyd Jacobs is stepping down at the end of the month.

Jacobs has been nominated to serve with a global economic development non-profit based out of Washington D.C, but it isn't a permanent goodbye.

Jacobs says he's excited to get the opportunity in the nation's capital, but he does plan to return in 2015 as a professor of surgery.

He has served as UT’s president for the last eight years.

University officials announced earlier this year that he was going to leave in June of 2015, but that date was moved up on Friday.

Jacobs has been nominated to be a Distinguished Fellow with the Council on Competitiveness, which he calls an honor.

The group is made up of university heads from across the country, CEOs and other leaders who work to find ways to make the US more competitive.

The board of trustees plans to announce who will take over as interim president at Monday's board meeting.

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Media Release:

UT President nominated for Council on Competitiveness Fellowship

University of Toledo President Lloyd Jacobs will step down effective June 30 after being nominated to serve with a global economic development non-profit organization based out of Washington, D.C.
 
“I am honored to have been nominated to be a Distinguished Fellow with the Council on Competitiveness. The Trustees of The University of Toledo and I have preliminarily agreed that, to allow me to avail myself of this unique opportunity, I will be granted a sabbatical leave beginning July 1, 2014 until I return as a professor of surgery in 2015,” Jacobs said.
 
“I have enjoyed the last eight years in my current role and the ten years Ola and I have spent in Toledo. I am enthusiastically looking forward to working with the Council on Competitiveness as a Distinguished Fellow during this sabbatical and perhaps beyond,” he said.
 
“I want to thank Dr. Jacobs for his service to The University of Toledo and for elevating this institution to new heights on the national stage,” said Joseph Zerbey, chairman of the UT Board of Trustees. “Given that success, it is easy to see why the Council on Competitiveness would look to him to put that expertise to work on a national and international scale.”
 
In appreciation of Dr. Jacobs’ many contributions to The University of Toledo, the $36 million Interprofessional Immersive Simulation Center will be named in Jacobs’ honor, Zerbey said.
 
The Board will announce its appointment of an interim president at the board meeting scheduled for Monday, June 23. 



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