University of Colorado President Mark Kennedy and the system’s board of regents have come to agreement over Kennedy’s departure with the university. Kennedy will end his term as president on July 1 and will receive a $1.3 million lump sum payment.
Kennedy will continue to be paid his current salary up until July 1, and then will be compensated for final pay and unused vacation time.
The board of regents voted 8-1 to approve the departure package.
”It’s been an honor to work with you and the many hard-working people to advance CU,” Kennedy said to the board following the vote. “I think there’s a lot of great things moving forward.
About 100 people gathered at City Hall and in Acacia Park on May 5, the National Day of Awareness for Murdered and Missing Indigenous Women. According to data provided by
Hart Van Denburg/CPR News
Mark Kennedy answers audience questions Wednesday, April 24, 2019, at the CU Anschutz Medical Campus. Kennedy is the only finalist for the position of president at the University of Colorado. He s visiting all the campuses in the university system.
Updated: 5/10/2021, 5:17 p.m.
University of Colorado President Mark Kennedy is leaving after just two years on the job.
Kennedy and the university s Board of Regents announced that they were entering into discussions regarding an orderly transition of the presidency in the coming months. The Board of Regents has a new makeup this year, which has led to changes in its focus and philosophy, Kennedy wrote in an email to university supporters. CU, he said, is on an upward trajectory and I have every confidence it will continue to meet its mission and serve its students and the state.
CU President Mark Kennedy announces he will step down in coming months
CU Board of Regents says it will begin evaluating next steps to replace outgoing president
Shawna Noel Schill
Posted at 11:16 AM, May 10, 2021
and last updated 2021-05-10 13:16:44-04
University of Colorado President Mark Kennedy is beginning discussions about leaving his post as leader of the four-campus system, Kennedy announced Monday, two weeks after Boulder faculty and students voted to censure him for his actions and comments around diversity.
Kennedy, a former Republican congressman who was selected as CU president in a contentious process that ended with a split, party-line vote by the universityâs Board of Regents in May 2019, will transition out of the role in the âcoming months,â according to a news release announcing the decision.