Wright State University president Cheryl Schrader has announced she will retire her position at the end of the year.
In a statement released Tuesday Schrader said she’s, “extremely proud,” of her accomplishments during her tenure at Wright State. The outgoing president also said she’s, “grateful for the experience and support,” she’s received.
Schrader was voted in as the university’s seventh president -- the first woman to hold that position -- in March, 2017.
At the time, she said her highest priority would be making the institution financial sustainable. Schrader took office at Wright State in the midst of a $40 million budget crisis that led to program cuts and staff layoffs.
Schrader said after her retirement she plans to return to teaching and research and spend more time with her family.
A special meeting of Wright State’s Board of Trustees has been called for Wednesday, Oct. 16.
