facebook
twitter
search
search

Yale president announces retirement

Aug. 30, 2012 at 2:57 PM

NEW HAVEN, Conn., Aug. 30 (UPI) -- Richard C. Levin, who has been president of Yale University in Connecticut for almost 20 years, said Thursday he will retire at the end of the academic year.

Levin, who was appointed to the post in 1993, has now served longer than any other current president in the Ivy League and has had one of the longest terms in Yale's history, The New York Times reported. But

he was given the post reluctantly, with a search committee delaying the decision while they tried to find an outsider instead of Levin, who had spent his career at Yale, the report said.

During his tenure, Yale expanded and renovated its buildings. Levin also got finances under control, increasing the endowment from $3.2 billion to $19.4 billion, second only to Harvard.

Levin, a native of San Francisco, attended Stanford University and Oxford before he received a doctorate in economics from Yale. He remained at the university as a professor, chairman of the economics department and dean of the graduate school of arts and sciences.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Wisconsin's Walker in hot seat over open-records restrictions
10-month-old Turkish baby rescued after floating out to sea
Putin congratulates U.S. on Independence Day
Immigrant who shot S.F. woman was deported 5 times in the past, police say
Greek economy reaches low point on eve of referendum