The president of the University of Louisiana System has announced his retirement.
Randy Moffett, who's been in the job for four years, said Monday that he will leave the position in the fall to spend more time with his family.
Moffett's retirement comes after a tenure marked by repeated budget cuts that have stripped more than $426 million in annual state financing from higher education in Louisiana. The UL System has lost nearly 46 percent of its state funding since 2008.
The University of Louisiana Board of Supervisors has unanimously selected Peter Fos as the new president of the University of New Orleans.
Fos graduated from UNO in 1972. He's now the director of health policy and system management at LSU Health Sciences Center. After he was selected at the supervisors' Baton Rouge meeting, Fos said his first priority is improving the UNO brand.
The University of New Orleans has a new president, selected by the University of Louisiana Board of Supervisors from UNO's own community.
Board members meeting in Baton Rouge announced that Peter Fos will be the new president. Fos graduated from UNO in 1972. He's currently program director for health policy and systems management at the LSU Health Sciences Center. Fos says there are two items on his immediate to-do list.